Company Analysis

Nathan's Famous, Inc. (NATH)

Nasdaq: NATH · Retail-Eating Places · Jericho, NY · filing with the SEC since 1996
Grade4.9
◀ Past 2.8● Present 5.7▶ Future 5.3

The grade of Nathan's Famous, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.9/10
◀ Past2.825% of the headline
● Present5.745% of the headline
▶ Future5.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

2.8/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
1.3/10

Has it survived what it has been through?

3 warning events since 2017; the latest 2026-10-26.

weight 45% of this tense · 13th percentile among 43 sector filers · read for itself

From the record

Nathan's Famous, Inc.'s filings since 2017 show 3 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2026-10-26); an auditor change (8-K item 4.01, 2 times, the latest 2025-02-20) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.3/10

What has it actually done, year after year?

+6% a year over 10 filed years; profitable in 10 of 10.

weight 33% of this tense · 53rd percentile among 42 sector filers · read for its customers

From the record

Nathan's Famous, Inc.'s 10 filed years say what it did: revenue went from $96 million in fiscal 2017 to $162 million in fiscal 2026, up 6% a year; it rose in 7 of 9 years; the deepest fall was 27% from fiscal 2018 to fiscal 2021; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span6.0%bottom 49% of its family
  • the share of years revenue rosetop 48% of its family
  • the share of filed years with a profittop 13% of its family
  • the deepest fall from a revenue peak27.2%bottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.4/10

How has it treated the people who own it?

Share count grew 0.3% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 24th percentile among 37 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-03-29, Nathan's Famous, Inc.'s diluted share count grew about 0.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-26 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 36% of its family
  • cash returned against operating cash flowbottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.7/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
4.3/10

Is it financially healthy right now?

Leverage 127%: owes 127¢ per asset dollar.

weight 45% of this tense · 43rd percentile among 41 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-29, Nathan's Famous, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 104 cents per dollar of everything the company owns. Leverage: it owed about 127 cents per dollar of assets, and net share issuance: its share count grew 0.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 15% of its family
  • gross profit against assetstop 17% of its family
  • the share count against the year beforebottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.2/10

How strong is its position in its industry?

top 48% of 43 in its family; net margin 12.4%.

weight 33% of this tense · 52nd percentile among 43 sector filers · read for its customers

From the record

Nathan's Famous, Inc.'s standing among 43 graded names in its industry family: revenue of $162 million in fiscal 2026 ranks in the bottom 13% by size; a net margin of 12.4% ranks in the top 10%; revenue growth of 7.4% a year over the last 3 filed years ranks in the top 48% (its annual reports).

What it rests on

  • revenue against the family$162Mbottom 13% of its family
  • net margin12.4%top 10% of its family
  • three-year revenue growth7.4%top 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
9.5/10

What are the people in charge doing?

top 5% of 30 in its family for leadership; chief executive since 2007.

weight 22% of this tense · 95th percentile among 30 sector filers · read for its shareholders

From the record

Nathan's Famous, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Gatoff, Eric (Chief Executive Officer, as filed), filing under that title since 2007-09-18, 19.2 years (top 8% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 20.4 years (top 2%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 5%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge2 in three years among 11 peopletop 5% of its family
  • the median years the people in charge have filed20.4 yearstop 2% of its family
  • the chief executive's years on the record19.2 yearstop 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.0/10

How much room does it have to grow?

bottom 40% of 41 in its family for room to expand.

weight 22% of this tense · 40th percentile among 41 sector filers · read for itself

From the record

Nathan's Famous, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $24 million against debt of $46 million leaves -39.8% of its assets as net cash, bottom 18% of its family; cash from operations less capital spending is 11% of revenue (top 20%); a gross margin of 34.3% (bottom 23%) (its annual report).

What it rests on

  • cash less debt against assets-39.8%bottom 18% of its family
  • cash from operations less capital spending against revenue11.0%top 20% of its family
  • gross margin34.3%bottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.5/10

What could actually drive growth from here?

top 45% of 42 in its family for growth drivers.

weight 45% of this tense · 55th percentile among 42 sector filers · read for its customers

From the record

Nathan's Famous, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 7.4% a year over the last three filed years against 6% over all 10, speeding up (top 25% of its family); the newest year grew 9.4% (top 25%); capital spending grew -16% a year (bottom 15%) (its annual reports). Nathan's Famous, Inc. reported 6 product lines in fiscal 2026: Branded Products at $106 million (65%), License at $37 million (23%), Company Operated Restaurants at $13 million (8%), and 3 more; 3 of 6 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+1.4 points a yeartop 25% of its family
  • the newest year's revenue growth9.4%top 25% of its family
  • three-year growth of capital spending-16.0%bottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.8/10

Did its newest year beat what its own record pointed to?

top 42% of 39 in its family for expectations against reality.

weight 33% of this tense · 58th percentile among 39 sector filers · read for its shareholders

From the record

Nathan's Famous, Inc.'s newest year against its own record: revenue of $162 million in fiscal 2026 came in 2.8% above the $158 million its prior three years' pace pointed to (top 14% of its family); net income of $20 million against a prior three-year average of $21 million (top 50%); a net margin of 12.4% against 15.1% before (bottom 37%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace2.8%top 14% of its family
  • net income against the prior three years' average-5%top 50% of its family
  • net margin against its prior average-2.8 pointsbottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NATH · research, not advice