Nathan's Famous (NATH)
Market Price (12/27/2025): $93.71 | Market Cap: $383.2 MilSector: Consumer Discretionary | Industry: Restaurants
Nathan's Famous (NATH)
Market Price (12/27/2025): $93.71Market Cap: $383.2 MilSector: Consumer DiscretionaryIndustry: Restaurants
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, FCF Yield is 5.2% | Weak multi-year price returns2Y Excs Rtn is -15%, 3Y Excs Rtn is -26% | Key risksNATH key risks include [1] its restaurant segment losing market share and [2] a significant reliance on key suppliers for its core hot dog and French fry products. |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 22% | ||
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13% | ||
| Low stock price volatilityVol 12M is 34% | ||
| Megatrend and thematic driversMegatrends include E-commerce & DTC Adoption. Themes include Direct-to-Consumer Brands (Staples), and Online Grocery Platforms. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, FCF Yield is 5.2% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 22% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13% |
| Low stock price volatilityVol 12M is 34% |
| Megatrend and thematic driversMegatrends include E-commerce & DTC Adoption. Themes include Direct-to-Consumer Brands (Staples), and Online Grocery Platforms. |
| Weak multi-year price returns2Y Excs Rtn is -15%, 3Y Excs Rtn is -26% |
| Key risksNATH key risks include [1] its restaurant segment losing market share and [2] a significant reliance on key suppliers for its core hot dog and French fry products. |
Why The Stock Moved
Qualitative Assessment
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<b>1. Profitability Decline Despite Revenue Growth:</b> Nathan's Famous reported year-over-year revenue growth in its second-quarter fiscal 2026 results, announced in November, but profitability declined.
<b>2. Elevated Input Costs Pressured Margins:</b> Higher beef and other input costs significantly pressured margins, leading to the decline in profitability. Although increased average selling prices and higher volumes in the Branded Product Program partially mitigated these rising costs, the overall impact on margins was negative.
<b>3. Decrease in Product Licensing Revenue:</b> The Product Licensing segment, identified as a key driver for Nathan's, experienced a 3.1% year-over-year decline in revenue and a corresponding fall in profit during the second quarter of fiscal 2026. This follows a 4.1% year-over-year revenue decrease in Product Licensing reported in Q1 FY2026.
<b>4. EBITDA Margin Compression:</b> Nathan's Famous's adjusted EBITDA margin reached a two-year low in the second quarter of fiscal 2026, indicating reduced operational efficiency.
<b>5. Mixed Performance in Restaurant Operations:</b> While franchise operations saw benefits from new openings and increased sales, the performance of company-owned restaurants was mixed, with some locations experiencing softer sales.
Show moreStock Movement Drivers
Fundamental Drivers
The -10.8% change in NATH stock from 9/26/2025 to 12/26/2025 was primarily driven by a -7.5% change in the company's P/E Multiple.| 9262025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 105.66 | 94.28 | -10.77% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 150.41 | 154.99 | 3.04% |
| Net Income Margin (%) | 15.74% | 14.74% | -6.36% |
| P/E Multiple | 18.25 | 16.87 | -7.53% |
| Shares Outstanding (Mil) | 4.09 | 4.09 | 0.00% |
| Cumulative Contribution | -10.77% |
Market Drivers
9/26/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| NATH | -10.8% | |
| Market (SPY) | 4.3% | 3.3% |
| Sector (XLY) | 1.8% | 21.6% |
Fundamental Drivers
The -11.5% change in NATH stock from 6/27/2025 to 12/26/2025 was primarily driven by a -9.1% change in the company's Net Income Margin (%).| 6272025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 106.59 | 94.28 | -11.55% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 148.18 | 154.99 | 4.60% |
| Net Income Margin (%) | 16.21% | 14.74% | -9.09% |
| P/E Multiple | 18.14 | 16.87 | -6.98% |
| Shares Outstanding (Mil) | 4.09 | 4.09 | 0.00% |
| Cumulative Contribution | -11.55% |
Market Drivers
6/27/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| NATH | -11.5% | |
| Market (SPY) | 12.6% | 18.9% |
| Sector (XLY) | 11.9% | 29.0% |
Fundamental Drivers
The 23.4% change in NATH stock from 12/26/2024 to 12/26/2025 was primarily driven by a 18.0% change in the company's P/E Multiple.| 12262024 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 76.41 | 94.28 | 23.39% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 143.76 | 154.99 | 7.81% |
| Net Income Margin (%) | 15.18% | 14.74% | -2.90% |
| P/E Multiple | 14.30 | 16.87 | 17.98% |
| Shares Outstanding (Mil) | 4.08 | 4.09 | -0.10% |
| Cumulative Contribution | 23.39% |
Market Drivers
12/26/2024 to 12/26/2025| Return | Correlation | |
|---|---|---|
| NATH | 23.4% | |
| Market (SPY) | 15.8% | 30.0% |
| Sector (XLY) | 5.2% | 34.7% |
Fundamental Drivers
The 54.9% change in NATH stock from 12/27/2022 to 12/26/2025 was primarily driven by a 21.2% change in the company's Total Revenues ($ Mil).| 12272022 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 60.88 | 94.28 | 54.87% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 127.90 | 154.99 | 21.18% |
| Net Income Margin (%) | 13.59% | 14.74% | 8.46% |
| P/E Multiple | 14.30 | 16.87 | 18.01% |
| Shares Outstanding (Mil) | 4.08 | 4.09 | -0.15% |
| Cumulative Contribution | 54.87% |
Market Drivers
12/27/2023 to 12/26/2025| Return | Correlation | |
|---|---|---|
| NATH | 28.9% | |
| Market (SPY) | 48.0% | 33.7% |
| Sector (XLY) | 37.0% | 37.1% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NATH Return | -20% | 8% | 19% | 19% | 4% | 25% | 58% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| NATH Win Rate | 33% | 67% | 50% | 50% | 58% | 67% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| NATH Max Drawdown | -35% | 0% | -20% | -5% | -17% | -2% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | NATH | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -36.4% | -25.4% |
| % Gain to Breakeven | 57.3% | 34.1% |
| Time to Breakeven | 252 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -39.0% | -33.9% |
| % Gain to Breakeven | 64.0% | 51.3% |
| Time to Breakeven | 1,051 days | 148 days |
| 2018 Correction | ||
| % Loss | -37.6% | -19.8% |
| % Gain to Breakeven | 60.1% | 24.7% |
| Time to Breakeven | 2,249 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -39.8% | -56.8% |
| % Gain to Breakeven | 66.1% | 131.3% |
| Time to Breakeven | 729 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Nathan's Famous's stock fell -36.4% during the 2022 Inflation Shock from a high on 7/1/2021. A -36.4% loss requires a 57.3% gain to breakeven.
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AI Analysis | Feedback
Here are 1-3 brief analogies for Nathan's Famous (NATH):
- Coca-Cola for hot dogs
- Harley-Davidson for hot dogs
AI Analysis | Feedback
- Hot Dogs: Their iconic beef frankfurters, sold through foodservice and retail channels globally.
- Restaurant Menu Items: A variety of fast-food items including crinkle-cut fries, hamburgers, and chicken products, served at Nathan's Famous branded restaurants.
- Branded Retail Products: Licensed consumer packaged goods such as hot dogs, buns, and condiments sold in supermarkets and club stores.
- Restaurant Franchising: Licensing the Nathan's Famous brand and operational model to independent operators for restaurant development.
AI Analysis | Feedback
Nathan's Famous (symbol: NATH) primarily sells its products and services to other companies (B2B). While the company's financial filings indicate no single customer accounts for 10% or more of its consolidated net sales, its major customers can be categorized by type, with examples of public companies that operate within these categories:
- Foodservice Distributors: These companies purchase Nathan's branded products (such as hot dogs, frankfurters, and frozen foods) in bulk and distribute them to a wide array of foodservice establishments, including restaurants, cafeterias, and institutions.
- Sysco Corporation (SYY)
- US Foods Holding Corp. (USFD)
- Performance Food Group Company (PFGC)
- Retail Chains (Supermarkets, Club Stores, Mass Merchandisers): Nathan's sells its packaged consumer products directly to these large retail companies, which then offer them for sale to individual consumers in their stores.
- Walmart Inc. (WMT)
- The Kroger Co. (KR)
- Costco Wholesale Corporation (COST)
- Albertsons Companies, Inc. (ACI)
- Franchisees: These are independent business entities that acquire the rights to operate Nathan's Famous restaurants under a franchise agreement. They are customers of Nathan's for initial franchise fees, ongoing royalties, and sometimes required product purchases. (These are typically private entities or smaller restaurant groups, not often publicly traded companies themselves.)
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- Smithfield Foods (Parent Company: WH Group, Symbol: HKG: 0288)
- Lamb Weston Holdings, Inc. (Symbol: NYSE: LW)
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Eric Gatoff, Chief Executive Officer
Eric Gatoff has served as the Chief Executive Officer of Nathan's Famous, Inc. since January 2007. He joined the company in October 2003 as Vice President and Corporate Counsel. Prior to his tenure at Nathan's Famous, Mr. Gatoff was a partner at Grubman, Indursky & Schindler, P.C., a law firm specializing in intellectual property, media, and entertainment law. He holds a Bachelor of Business Administration in Finance from George Washington University and a Juris Doctor from Fordham University School of Law.
Robert Steinberg, Vice President - Finance, Chief Financial Officer, Chief Accounting Officer, Treasurer and Secretary
Robert Steinberg has served as Nathan's Famous, Inc.'s Vice President - Finance, Chief Financial Officer, Chief Accounting Officer, Treasurer, and Secretary since June 2020. He joined Nathan's Famous as Corporate Controller in 2014. His prior experience includes working as a Divisional Controller at PVH, where he managed financial and operational aspects for the Calvin Klein brand and contributed to doubling the division's top-line revenue growth. Before PVH, he was an Accounting Manager at MovieFone, Inc., overseeing accounting and SEC filings, and began his career as an Audit Manager at Ernst & Young in 1990. Mr. Steinberg earned a Bachelor of Science degree in Accounting from the Binghamton University School of Management.
Howard Lorber, Executive Chairman of the Board
Howard Lorber has been the Executive Chairman of the Board of Nathan's Famous, Inc. since January 2007 and a director since 1987. He previously held the positions of Chairman of the Board from 1990 to 2006 and Chief Executive Officer from 1993 to 2006. Mr. Lorber has a diverse background in business and finance, serving as President and Chief Executive Officer of Vector Group Ltd., a holding company, and as Chairman of Douglas Elliman, one of the largest residential real estate brokerage firms in the New York metropolitan area. He is known for being seasoned at buying and selling companies and has actively managed a broad portfolio of real estate projects.
Leigh Platte, Senior Vice President of Sales
Leigh Platte serves as the Senior Vice President of Sales at Nathan's Famous, Inc. She has a strong background in the food service industry, with significant roles at ConAgra Foods where she managed the Hebrew National brand and Emerging Chain group sales. Prior to her time at ConAgra, Ms. Platte held leadership positions in advertising, showcasing her experience in marketing strategy and creative direction. She joined Nathan's Famous in 2014, holding senior leadership positions including Vice President of Food Service Sales before her current role.
Phil McCann, Vice President of Marketing
Phil McCann is the Vice President of Marketing at Nathan's Famous. He has nearly 40 years of experience in the marketing industry, having worked at prominent advertising and marketing agencies. His career includes managing marketing efforts for various brands such as CNN, The History Channel, Heineken, Guinness, and Red Stripe, in addition to restaurant brands like Miami Subs, Kenny Rogers Roasters, and Arthur Treacher's. Mr. McCann has been involved with the Nathan's brand for more than 25 years after transitioning to the client side. He holds a Bachelor of Arts degree in English with an emphasis in Communications from Niagara University.
AI Analysis | Feedback
The key risks to Nathan's Famous (NATH) business are primarily rooted in intense market competition, potential food safety issues impacting its brand, and vulnerabilities within its supply chain.
- Intense Competition and Evolving Consumer Preferences: Nathan's Famous operates in a highly competitive quick-service restaurant industry, facing numerous international, national, regional, and local chains, as well as emerging non-traditional competitors like virtual kitchens and food delivery services. This competition is fierce across various factors including taste, price, service, location, brand reputation, and marketing initiatives. Many competitors possess larger marketing budgets and are quicker to innovate or capitalize on new consumer trends, potentially placing Nathan's at a disadvantage. The adoption of "value pricing" strategies by rivals can also put downward pressure on Nathan's sales and operating margins. Furthermore, a significant risk stems from changing consumer health and dietary preferences, which could lead customers to opt for alternative foods over Nathan's traditional menu offerings, and the restaurant segment has been losing market share.
- Food Safety, Product Contamination, and Brand Reputation: As a food company, Nathan's Famous is exposed to substantial risks related to food spoilage, contamination, consumer product liability claims, and product tampering. Its products are susceptible to pathogens such as salmonella, E. coli, and bovine spongiform encephalopathy. Any actual or perceived health risks in the food industry, particularly incidents involving food-borne illnesses or tampering (even if occurring at competitors), could generate negative publicity. Such events could severely damage Nathan's brand reputation, leading to a decrease in system-wide sales, revenue, and profits, and potentially necessitate costly product recalls or temporary restaurant closures.
- Supply Chain Disruptions and Reliance on Key Suppliers: Nathan's Famous faces risks associated with its supply chain, particularly its reliance on specific suppliers for core products like hot dogs and French fries. Should the company be unable to secure alternative suppliers for these critical items in a timely manner, it could lead to significant disruptions in product supply to its company-owned restaurants, franchised locations, and Branded Product Program customers. Such a disruption would negatively impact the business, its franchisees, and customers, subsequently affecting financial results and potentially leading to lost license royalties.
AI Analysis | Feedback
The clear emerging threat for Nathan's Famous (NATH) is the accelerating consumer shift towards healthier, plant-based, and sustainably-sourced food options. This trend directly challenges the demand for traditional processed meat products, which are Nathan's core offering and brand identity. The increasing availability, acceptance, and innovation in plant-based alternatives present a significant disruptive force, akin to how streaming services impacted physical media rentals by offering a fundamentally different consumption model that gained widespread adoption.
AI Analysis | Feedback
Nathan's Famous (NATH) participates in several addressable markets with its main products and services, primarily hot dogs and other fast-food items, which are distributed through its restaurant system and in retail and foodservice environments.
- Hot Dogs and Sausages Market: The global hot dogs and sausages market is valued at approximately USD 82.32 billion in 2025. In the U.S. specifically, the hot dog and sausage production market size is estimated at $26.4 billion in 2025.
- U.S. Food Service Market: The addressable market for Nathan's Famous within the U.S. food service industry is substantial, with the market size valued at approximately USD 1,286.65 billion in 2025.
- U.S. Frozen Food Market: Given Nathan's Famous's offerings in retail frozen food products, the U.S. frozen food market is an addressable market. This market is projected to reach approximately USD 91.62 billion in 2025.
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Expected Drivers of Future Revenue Growth for Nathan's Famous (NATH)
Over the next two to three years, Nathan's Famous (NATH) is expected to drive revenue growth through several key initiatives: 1. Expansion of the Branded Products Program and Product Licensing: The Branded Products Program, which includes the sale of Nathan's hot dogs to the foodservice industry, has consistently been a significant contributor to revenue growth. This program has seen increases in both hot dog sales volume and average selling price. Complementing this, the company's asset-light licensing program with Smithfield Foods continues to generate steady, high-margin revenue through expanded retail distribution of Nathan's Famous products across supermarkets, grocery stores, and other retail outlets. 2. Domestic and International Franchise Expansion, including New Concepts: Nathan's Famous is actively expanding its footprint through new franchised locations. This includes innovative concepts such as the "Frank & Fry" co-branded outlets targeting colleges and corporate campuses, with plans for numerous units over the next two years. Additionally, the company is focusing on converting existing struggling restaurants into Nathan's Famous locations, offering reduced franchise fees and flexible conversion programs. Internationally, Nathan's is expanding its presence through master franchise agreements and new brick-and-mortar restaurants and kiosks in countries like Brazil, the UK, Egypt, Ukraine, Mexico, Canada, Indonesia, Malaysia, and Singapore. 3. Growth of Virtual Kitchens and Menu Innovation: A significant part of Nathan's expansion strategy involves leveraging virtual kitchens (ghost kitchens), which allow for rapid, low-cost entry into delivery-driven food markets both domestically and internationally. Alongside this, the company is focused on menu innovation and the launch of new products, such as the Hot & Spicy Beef Frank and New York Cheesesteak, to cater to evolving consumer preferences and drive sales. 4. Strategic Price Increases: To counteract rising commodity costs, particularly beef, Nathan's Famous has implemented strategic price increases across its product lines. These price adjustments have played a role in driving revenue growth for the company, helping to offset margin pressures while maintaining profitability.AI Analysis | Feedback
Share Repurchases
- As of March 26, 2023, Nathan's Famous had repurchased 1,101,884 shares at a cost of $39,000 under its sixth stock repurchase plan.
- As of March 26, 2023, there were 98,116 shares remaining available for repurchase under the sixth stock repurchase plan, which does not have a set expiration date.
Share Issuance
- As of November 3, 2025, the number of shares outstanding was 4,089,510.
Capital Expenditures
- Cash used in investing activities, primarily related to capital expenditures for the Branded Product Program and Coney Island restaurants, was $636,000 for the fiscal year ended March 2022.
- Capital expenditures for the fiscal year ended March 2025 were approximately $0.1 million, reflecting a capital-light business model.
- The company generally incurs low capital expenditures, estimated at around $600,000 annually, which is less than 0.50% of its revenue.
Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| Nathan's Famous Earnings Notes | ||
| With Nathan's Famous Stock Sliding, Have You Assessed The Risk? | Return |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to NATH. For more, see Trefis Trade Ideas.
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| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 13.7% | 13.7% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 6.0% | 6.0% | -0.1% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.8% | 3.8% | -4.4% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 19.7% | 19.7% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.3% | 2.3% | -1.6% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Nathan's Famous
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 86.22 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.9% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 19.6% |
| Op Mgn 3Y Avg | 20.0% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 16.9% |
| CFO/Rev 3Y Avg | 18.3% |
| FCF/Rev LTM | 15.5% |
| FCF/Rev 3Y Avg | 16.8% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Branded Product Program | 86 | 79 | 66 | 34 | 58 |
| Product licensing | 34 | 33 | 32 | 31 | 26 |
| Restaurant operations | 16 | 16 | 15 | 9 | 18 |
| Corporate | 2 | 2 | 2 | 2 | 2 |
| Total | 139 | 131 | 115 | 76 | 103 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Product licensing | 33 | 33 | 32 | 31 | 26 |
| Branded Product Program | 8 | 9 | 6 | 5 | 8 |
| Restaurant operations | 2 | 2 | 0 | -3 | 2 |
| Corporate | -11 | -9 | -8 | -7 | -8 |
| Total | 33 | 34 | 30 | 26 | 27 |
Price Behavior
| Market Price | $94.28 | |
| Market Cap ($ Bil) | 0.4 | |
| First Trading Date | 02/26/1993 | |
| Distance from 52W High | -15.6% | |
| 50 Days | 200 Days | |
| DMA Price | $97.76 | $98.91 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -3.6% | -4.7% |
| 3M | 1YR | |
| Volatility | 33.3% | 34.3% |
| Downside Capture | 29.12 | 60.71 |
| Upside Capture | -31.55 | 72.53 |
| Correlation (SPY) | 4.2% | 30.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.22 | 0.13 | 0.32 | 0.71 | 0.57 | 0.57 |
| Up Beta | -3.62 | -1.48 | -0.98 | 0.54 | 0.41 | 0.59 |
| Down Beta | 1.79 | 0.96 | 0.73 | 0.56 | 0.53 | 0.39 |
| Up Capture | -56% | -37% | 12% | 44% | 65% | 33% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 8 | 18 | 30 | 61 | 123 | 382 |
| Down Capture | 85% | 67% | 80% | 116% | 83% | 85% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 12 | 24 | 33 | 64 | 125 | 365 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of NATH With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| NATH | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 24.3% | 7.5% | 17.8% | 72.1% | 8.6% | 4.4% | -8.3% |
| Annualized Volatility | 34.1% | 24.3% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.68 | 0.24 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 34.6% | 30.1% | -7.8% | 1.1% | 38.3% | 11.4% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of NATH With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| NATH | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 14.2% | 9.6% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 29.4% | 23.8% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 0.49 | 0.36 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 30.6% | 30.4% | 2.3% | 8.3% | 29.1% | 15.6% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of NATH With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| NATH | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 9.4% | 13.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 33.7% | 21.9% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.36 | 0.55 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 34.9% | 37.5% | -1.6% | 14.7% | 35.8% | 9.7% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | -3.8% | -9.9% | -16.0% |
| 6/10/2025 | 5.3% | 0.6% | 3.7% |
| 2/6/2025 | 2.7% | 4.9% | 18.0% |
| 11/7/2024 | -1.7% | -1.6% | -2.9% |
| 6/12/2024 | -0.2% | -3.7% | 2.1% |
| SUMMARY STATS | |||
| # Positive | 2 | 2 | 3 |
| # Negative | 3 | 3 | 2 |
| Median Positive | 4.0% | 2.8% | 3.7% |
| Median Negative | -1.7% | -3.7% | -9.4% |
| Max Positive | 5.3% | 4.9% | 18.0% |
| Max Negative | -3.8% | -9.9% | -16.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11062025 | 10-Q 9/28/2025 |
| 6302025 | 8082025 | 10-Q 6/29/2025 |
| 3312025 | 6102025 | 10-K 3/30/2025 |
| 12312024 | 2062025 | 10-Q 12/29/2024 |
| 9302024 | 11072024 | 10-Q 9/29/2024 |
| 6302024 | 8082024 | 10-Q 6/30/2024 |
| 3312024 | 6122024 | 10-K 3/31/2024 |
| 12312023 | 2012024 | 10-Q 12/24/2023 |
| 9302023 | 11022023 | 10-Q 9/24/2023 |
| 6302023 | 8032023 | 10-Q 6/25/2023 |
| 3312023 | 6082023 | 10-K 3/26/2023 |
| 12312022 | 2022023 | 10-Q 12/25/2022 |
| 9302022 | 11032022 | 10-Q 9/25/2022 |
| 6302022 | 8052022 | 10-Q 6/26/2022 |
| 3312022 | 6102022 | 10-K 3/27/2022 |
| 12312021 | 2042022 | 10-Q 12/26/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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