RUTH · Ruths Hospitality Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '22 | Q4 '22 | Q3 '22 | Q2 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $136.86M | - | $112.74M | $128.65M | - | $104.19M | $110.91M | $87.28M | - | $63.42M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | $32.81M | - | $25.36M | $37.34M | - | $24.02M | $32.99M | $25.98M | - | $12.18M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $9.51M | - | $9.37M | $9.33M | - | $7.72M | $8.77M | $7.20M | - | $7.57M |
| Total Operating Expenses | $122.83M | - | $106.01M | $116.16M | - | $95.15M | $94.65M | $75.20M | - | $68.54M |
| D&A | $6.54M | - | $5.54M | $5.13M | - | $4.99M | $5.08M | $5.06M | - | $5.32M |
| Operating Income | $14.02M | - | $6.73M | $12.49M | - | $9.03M | $16.26M | $12.08M | - | ($5.12M) |
| Interest Expense | $252.0K | - | $434.0K | $239.0K | - | $678.0K | $1.13M | $1.30M | - | $1.42M |
| Income Tax | $2.44M | - | $852.0K | $1.95M | - | $1.40M | $2.76M | $1.70M | - | ($1.28M) |
| Net Income | $11.34M | - | $5.50M | $10.34M | - | $6.94M | $12.41M | $9.13M | - | ($5.30M) |
| EPS - Basic | $0.35 | - | $0.17 | $0.31 | - | $0.20 | $0.36 | $0.27 | - | ($0.15) |
| EPS - Diluted | $0.35 | - | $0.16 | $0.31 | - | $0.20 | $0.36 | $0.26 | - | ($0.15) |
Balance Sheet
| Line item | Q1 '22 | Q4 '22 | Q3 '22 | Q2 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.00M | $23.00M | $20.79M | $44.87M | $92.13M | $83.78M | $87.34M | $112.32M | $95.40M | $103.11M |
| Accounts Receivable | $28.65M | $45.01M | $36.63M | $34.26M | $41.59M | $16.83M | $15.91M | $16.30M | $24.31M | $14.39M |
| Inventory | $8.44M | $9.14M | $8.27M | $8.20M | $8.55M | $7.54M | $7.36M | $7.19M | $6.93M | $7.28M |
| Accounts Payable | $7.95M | $8.74M | $6.66M | $8.78M | $11.69M | $7.57M | $8.56M | $6.26M | $4.10M | $6.00M |
| Current Assets | $56.20M | $81.81M | $71.97M | $91.87M | $146.19M | $111.41M | $114.95M | $138.66M | $130.29M | $127.94M |
| Total Assets | $501.54M | $521.81M | $504.36M | $513.81M | $535.98M | $501.34M | $503.38M | $543.11M | $542.67M | $552.51M |
| Current Liabilities | $122.27M | $138.27M | $113.30M | $114.93M | $135.41M | $106.65M | $110.37M | $103.15M | $108.32M | $97.52M |
| Long-term Debt | $15.00M | $30.00M | $30.00M | $40.00M | $70.00M | $70.00M | $70.00M | $115.00M | $115.00M | $135.20M |
| Total Liabilities | $361.90M | $389.48M | $366.71M | $373.16M | $400.77M | $368.22M | $374.07M | $426.78M | $435.23M | $447.97M |
| Stockholders' Equity | $139.64M | $132.33M | $137.65M | $140.65M | $135.21M | $133.11M | $129.31M | $116.33M | $107.44M | $104.54M |
| Retained Earnings | $92.18M | $86.28M | $78.55M | $77.91M | $65.95M | $52.15M | $45.21M | $32.80M | $23.68M | $22.25M |
Cash Flow
| Line item | Q1 '22 | Q4 '22 | Q3 '22 | Q2 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $22.47M | - | - | - | - | - | - | $19.21M | - | - |
| Investing Cash Flow | ($8.26M) | - | - | - | - | - | - | ($359.0K) | - | - |
| Financing Cash Flow | ($21.21M) | - | - | - | - | - | - | ($1.93M) | - | - |
| CapEx | $8.26M | - | - | - | - | $5.91M | $2.15M | $359.0K | - | $805.0K |
| Free Cash Flow | $14.21M | - | - | - | - | - | - | $18.85M | - | - |
Ratios
| Metric | Q1 '22 | Q4 '22 | Q3 '22 | Q2 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 24.0% | - | 22.5% | 29.0% | - | 23.1% | 29.7% | 29.8% | - | 19.2% |
| Operating margin | 10.2% | - | 6.0% | 9.7% | - | 8.7% | 14.7% | 13.8% | - | -8.1% |
| EBITDA margin | 15.0% | - | 10.9% | 13.7% | - | 13.5% | 19.2% | 19.6% | - | 0.3% |
| Net margin | 8.3% | - | 4.9% | 8.0% | - | 6.7% | 11.2% | 10.5% | - | -8.4% |
| Free cash flow margin | 10.4% | - | - | - | - | - | - | 21.6% | - | - |
| FCF / Net income | 1.25 | - | - | - | - | - | - | 2.07 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 6.9% | - | 8.3% | 7.3% | - | 7.4% | 7.9% | 8.2% | - | 11.9% |
| Effective tax rate | 17.7% | - | 13.4% | 15.9% | - | 16.8% | 18.2% | 15.7% | - | - |
| Return on assets | 2.3% | - | 1.1% | 2.0% | - | 1.4% | 2.5% | 1.7% | - | -1.0% |
| Return on equity | 8.1% | - | 4.0% | 7.3% | - | 5.2% | 9.6% | 7.8% | - | -5.1% |
| Return on invested capital | 7.5% | - | 3.5% | 5.8% | - | 3.7% | 6.7% | 4.4% | - | -1.7% |
| Liquidity | ||||||||||
| Current ratio | 0.46 | 0.59 | 0.64 | 0.80 | 1.08 | 1.04 | 1.04 | 1.34 | 1.20 | 1.31 |
| Quick ratio | 0.39 | 0.53 | 0.56 | 0.73 | 1.02 | 0.97 | 0.97 | 1.27 | 1.14 | 1.24 |
| Cash ratio | 0.13 | 0.17 | 0.18 | 0.39 | 0.68 | 0.79 | 0.79 | 1.09 | 0.88 | 1.06 |
| Leverage | ||||||||||
| Debt / Equity | 0.11 | 0.23 | 0.22 | 0.28 | 0.52 | 0.53 | 0.54 | 0.99 | 1.07 | 1.29 |
| Debt / Assets | 0.03 | 0.06 | 0.06 | 0.08 | 0.13 | 0.14 | 0.14 | 0.21 | 0.21 | 0.24 |
| Debt / EBITDA | 0.73 | - | 2.45 | 2.27 | - | 4.99 | 3.28 | 6.71 | - | 672.64 |
| Interest coverage | 55.6x | - | 15.5x | 52.3x | - | 13.3x | 14.4x | 9.3x | - | -3.6x |
| Equity multiplier | 3.59 | 3.94 | 3.66 | 3.65 | 3.96 | 3.77 | 3.89 | 4.67 | 5.05 | 5.29 |
| Liabilities / Assets | 0.72 | 0.75 | 0.73 | 0.73 | 0.75 | 0.73 | 0.74 | 0.79 | 0.80 | 0.81 |
| Efficiency | ||||||||||
| Asset turnover | 0.27 | - | 0.22 | 0.25 | - | 0.21 | 0.22 | 0.16 | - | 0.11 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 76d | - | 119d | 97d | - | 59d | 52d | 68d | - | 83d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 56.8% | - | 8.2% | 16.0% | - | 64.3% | 290.3% | -19.6% | - | -38.4% |
| Revenue CAGR (3y) | 4.6% | - | 3.1% | 5.3% | - | 6.9% | 0.4% | -9.2% | - | -9.4% |
| Revenue CAGR (5y) | 5.3% | - | 5.8% | 5.2% | - | 4.5% | 3.7% | -3.0% | - | -4.6% |
| Gross profit growth (YoY) | 26.3% | - | 5.6% | 13.2% | - | 97.2% | - | 21.3% | - | -45.5% |
| Operating income growth (YoY) | 16.1% | - | -25.5% | -23.2% | - | - | - | - | - | - |
| Net income growth (YoY) | 24.3% | - | -20.8% | -16.7% | - | - | - | - | - | - |
| EPS growth (YoY) | 34.6% | - | -20.0% | -13.9% | - | - | - | - | - | - |
| EPS CAGR (3y) | -9.4% | - | 0.0% | 0.0% | - | 18.6% | 4.0% | -16.7% | - | - |
| EPS CAGR (5y) | 0.0% | - | 26.2% | 4.4% | - | 12.7% | 11.4% | -4.7% | - | - |
| FCF growth (YoY) | -24.6% | - | - | - | - | - | - | 614.8% | - | - |
| FCF CAGR (5y) | -0.4% | - | - | - | - | - | - | 24.9% | - | - |
| Book value growth (YoY) | 20.0% | -2.1% | 3.4% | 8.8% | 25.8% | 27.3% | 20.1% | 57.0% | 14.1% | 20.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-12-25.
Business segments
$501.70M totalCompany Owned Steakhouse Restaurants$481.13M · 95.9%
Franchise Operations$20.57M · 4.1%
Product / service
$526.43M totalRestaurant Sales$475.37M · 90.3%
Franchise$20.57M · 3.9%
Franchisor Owned Outlet$20.50M · 3.9%
Service Other$9.92M · 1.9%
Opening Closing And Development Fee Income$75.0K · 0.0%
Geographic
$505.86M totalUS$503.01M · 99.4%
Non Us$2.85M · 0.6%
Peer comparison
Same SIC group: Retail-Eating Places
Comparing Ruths Hospitality Group against the 5 most active filers in the same SIC group.