📊 BJRI Key Takeaways
Investment Thesis
BJ's Restaurants exhibits severe liquidity stress with a current ratio of 0.40x despite strong operating cash flow generation of $110.5M, indicating potential working capital management issues or debt refinancing pressures. The 29,586% YoY revenue growth appears anomalous and likely reflects accounting adjustments or data collection issues rather than organic business expansion, raising data quality concerns. While operating metrics show reasonable profitability (3.3% operating margin) and strong interest coverage (33.1x), the dangerously low liquidity ratios combined with $85M in long-term debt and only $23.8M cash position present material financial distress risk.
BJRI Strengths
- Strong operating cash flow of $110.5M provides substantial debt servicing capacity
- Exceptional interest coverage ratio of 33.1x indicates minimal default risk on debt obligations
- Positive free cash flow of $40.9M demonstrates operational cash generation capability
- Conservative debt-to-equity ratio of 0.23x maintains moderate leverage levels
BJRI Risks
- Critical liquidity crisis: current ratio of 0.40x and quick ratio of 0.36x indicate potential inability to meet short-term obligations
- Extraordinarily high YoY revenue growth (29,586%) is implausible and suggests data integrity or accounting restatement issues
- Minimal cash position of $23.8M relative to $649.3M total liabilities creates substantial refinancing and operational risk
- Net margin of only 3.5% in restaurant sector provides limited cushion for economic downturns or commodity cost increases
Key Metrics to Watch
- Working capital trends and current ratio improvement trajectory
- Cash flow sustainability and capex efficiency relative to revenue
- Debt maturity schedule and refinancing requirements
BJRI Financial Metrics
💡 AI Analyst Insight
The relatively thin 2.9% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.
BJRI Profitability Ratios
BJRI vs Consumer Sector
How BJs RESTAURANTS INC compares to Consumer sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BJRI Balance Sheet & Liquidity
BJRI 5-Year Financial Trend
5-Year Trend Summary: BJs RESTAURANTS INC's revenue has grown significantly by 20% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.16 indicates the company is currently unprofitable.
BJRI Growth Metrics (YoY)
BJRI Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $325.7M | $465.0K | $0.02 |
| Q2 2025 | $349.9M | $17.2M | $0.72 |
| Q1 2025 | $337.3M | $7.7M | $0.32 |
| Q3 2024 | $318.6M | -$2.9M | $-0.13 |
| Q2 2024 | $349.7M | $11.9M | $0.50 |
| Q1 2024 | $337.3M | $3.5M | $0.15 |
| Q3 2023 | $311.3M | $115.0K | $0.00 |
| Q2 2023 | $329.7M | $297.0K | $0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BJRI Capital Allocation
BJRI SEC Filings
Access official SEC EDGAR filings for BJs RESTAURANTS INC (CIK: 0001013488)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BJRI
What is the AI rating for BJRI?
BJs RESTAURANTS INC (BJRI) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BJRI's key strengths?
Strong operating cash flow of $110.5M provides substantial debt servicing capacity. Exceptional interest coverage ratio of 33.1x indicates minimal default risk on debt obligations.
What are the risks of investing in BJRI?
Critical liquidity crisis: current ratio of 0.40x and quick ratio of 0.36x indicate potential inability to meet short-term obligations. Extraordinarily high YoY revenue growth (29,586%) is implausible and suggests data integrity or accounting restatement issues.
What is BJRI's revenue and growth?
BJs RESTAURANTS INC reported revenue of $1.4B.
Does BJRI pay dividends?
BJs RESTAURANTS INC does not currently pay dividends.
Where can I find BJRI SEC filings?
Official SEC filings for BJs RESTAURANTS INC (CIK: 0001013488) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BJRI's EPS?
BJs RESTAURANTS INC has a diluted EPS of $2.16.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.