Nathan's Famous (NATH) Cash Flow: Operating & Free Cash Flow

Nathan's Famous (NATH) Cash Flow Statement

In fiscal 2026 (fiscal year ended Mar 31, 2026), Nathan's Famous generated $18.23M of operating cash flow and spent $370.00K on capital expenditures. That left free cash flow of $17.86M, flat from $17.86M a year earlier, or 11.0% of revenue. It returned $18.86M to shareholders through $18.40M in dividends and $459.00K in share buybacks.

Nathan's Famous Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Cash flow statement showing operating, investing, and financing activities for Nathan's Famous, Inc. (NATH) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Operating Activities
Net Income	20.02	20.02	24.03	19.62	19.62	13.60	11.08	13.44	2.63
Depreciation & Amortization	0.93	0.93	0.96	1.14	1.14	1.05	1.18	1.23	1.35
Deferred Income Tax	-0.09	-0.09	-0.24	0.17	0.21	-0.44	-0.15	0.58	-0.34
Stock Based Compensation	1.13	1.13	0.99	0.73	0.26	0.07	0.12	0.12	0.40
Change in Working Capital	-3.76	-3.95	-1.32	-2.17	-2.64	0.13	-1.37	-4.01	4.06
Change in Accounts Receivable	-5.91	-5.91	0.39	-0.07	-2.15	-1.91	-0.65	-1.01	-1.59
Change in Inventory	0.33	0.33	-0.38	-0.30	-0.02	0.10	-0.25	0.16	0.20
Change in Accounts Payable	2.24	2.24	-1.23	-1.23	0.38	1.70	-0.29	-2.03	7.09
Change in Other Working Capital	-0.12	-0.62	-0.10	-0.56	-0.85	0.24	-0.20	-1.13	-1.64
Other Operating Activities	-0.12	0.20	0.82	0.53	1.26	2.07	0.91	0.99	10.77
Net Cash from Operating Activities	18.23	18.23	25.24	20.00	19.84	16.48	11.77	12.35	18.86
Investing Activities
Capital Expenditures	-0.37	-0.37	-0.23	-0.31	-0.63	-0.64	-0.55	-0.87	-0.56
Acquisitions	-	0.00	0.00	0.00	0.04	0.00	0.00	0.00	0.01
Other Investing Activities	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Net Cash from Investing Activities	-0.37	-0.37	-0.23	-0.31	-0.58	-0.64	-0.55	-0.87	-0.55
Financing Activities
Debt Repayment	-2.40	-2.40	-9.63	-20.00	-30.00	-40.66	0.00	0.00	150.00
Common Stock Repurchased	-0.46	0.00	0.00	-0.36	-1.89	-0.01	-1.50	-4.97	-0.16
Dividends Paid	-18.40	-18.40	-8.17	-8.16	-7.56	-6.17	-5.76	-5.91	-21.07
Other Financing Activities	-0.46	-0.46	-0.44	0.00	0.00	0.00	-0.01	1.07	-146.82
Net Cash from Financing Activities	-21.26	-21.26	-18.24	-28.52	-39.46	-46.84	-7.27	-9.81	-17.89
Summary
Net Change in Cash	-3.40	-3.40	6.78	-8.83	-20.20	-31.00	3.95	1.67	0.42
Cash at Beginning of Period	27.80	27.80	21.03	29.86	50.06	81.06	77.12	75.45	56.92
Cash at End of Period	24.40	24.40	27.80	21.03	29.86	50.06	81.06	77.12	57.34
Free Cash Flow	17.86	17.86	25.02	19.69	19.21	15.84	11.22	11.48	18.30
Supplemental Disclosures
Interest Paid	-	5.48	5.48	8.06	10.56	9.94	-	-	-
Income Taxes Paid	-	8.49	8.31	7.16	4.98	4.77	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Nathan's Famous Cash Flow

What is Nathan's Famous's free cash flow?

Nathan's Famous generated free cash flow of $17.86M in fiscal 2026 (fiscal year ended Mar 31, 2026), operating cash flow of $18.23M minus $370.00K of capital expenditures. That was flat from $17.86M a year earlier. Free cash flow equaled 11.0% of revenue.

How much does Nathan's Famous spend on capital expenditures?

Nathan's Famous spent $370.00K on capital expenditures in fiscal 2026, compared with $370.00K a year earlier. That equals 2.0% of operating cash flow.

Does Nathan's Famous pay dividends or buy back shares?

Yes. In fiscal 2026 Nathan's Famous returned $18.40M in dividends and $459.00K in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition