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← CockpitCompetitor Analysis › BJRI BJ's Restaurants, Inc.Open in the cockpit ↗

BJ's Restaurants, Inc.BJRICompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Restaurants

Casual dining chain (BJ's Restaurant & Brewhouse) known for craft beer and its Pizookie dessert.

Momentum neutral 54
Mkt cap
$1.18B
US dollars, full cap
Free float
92%
of shares outstanding
$/day
$32.3M
20-day average traded
Fwd P/E
22.5×
forward earnings
ROIC−WACC
-6.2 pp
WACC 10.4%
Hurdle
+14 pp
Req g minus delivered
Next earnings
104 days
18 Feb 2027
Close · USD$55.67
1D-4.8%
1W-11.0%
1M-6.5%
3M-18.9%
6M+30.4%
YTD+41.3%
1Y+55.5%
ATR %5.2%
Beta0.79
52w lowhigh25.4% off high

What BJ's Restaurants does

Casual dining chain (BJ's Restaurant & Brewhouse) known for craft beer and its Pizookie dessert.

Operates its restaurants itself rather than franchising them, so it keeps the full restaurant-level result but carries food, labor and rent. Shared dishes, deep-dish pizza and the Pizookie dessert are core to the menu, and traffic depends on promotions and value offers.

Products and services

  • Brewhouse menu/entrees
  • Craft beer
  • Pizookie dessert

Customers

  • US casual-dining consumers

Where it sits in the supply chain

  • Consumer discretionary
  • Casual dining restaurants
  • Company-operated brewhouse restaurants

What could go right

  • Menu innovation and value-driven traffic

What could go wrong

  • Discretionary dining spending sensitivity
  • Labor and food cost inflation

Moat: none (brand). Recognizable dessert/beer niche, but casual dining is highly competitive with limited pricing power.

Headquarters: Huntington Beach, California, US · Founded: 1978 · Employees: 22,000

Named competitors

BJ's Restaurants at a glance

Size BJ's Restaurants (BJRI) is a United States Consumer Discretionary company (Restaurants) with a market value of $1.18B, the 2142nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $55.67 on 6 Nov 2026.

Performance Over six months the shares gained 30.4%, against +18.1% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 3.5% over the last twelve months (peer median +6.2%); the operating margin is 3.0% (peer median 6.1%).

Valuation It trades at 22.5× forward earnings against a peer median of 19.6× (9th most expensive of 18).

Price implies For today's price to make sense, revenue must grow about 27% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +14 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 6.2 points below its cost of capital (10.4% WACC).

Short interest Short interest is 10.2% of the free float (15 Oct 2026).

Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).

Relative performance

10012515017511 May 202611 Aug 20266 Nov 2026BJRI 132Peer median 121
Six months, rebased to 100: BJ's Restaurants against the median of its 20 peers (local-currency closes).

BJ's Restaurants financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$1.43B$1.40B$1.36B$1.33B$1.28B
Revenue growth—+3%+2%+4%—
Gross profit$139M$140M$123M$107M$74.4M
EBITDA$127M$125M$107M$95.7M$105M
Net income$40.9M$48.8M$16.7M$19.7M$4.08M
Free cash flow$46.0M$40.9M$24.6M$6.92M-$27.5M
Capital expenditure$71.7M$69.6M$76.9M$98.9M$78.6M
Total debt$435M$491M$501M$520M$533M

Quarterly statements and history in the cockpit →

BJ's Restaurants competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+20%+40%+60%0%+20%DOM09999936WESTLIFE6030437630JDW3087BHSGCBRLARCODMP30977616WEN81793543TRAVELFOODBJRI6-month return →1-month return →
Up and to the right = strong over both horizons. BJ's Restaurants is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%0×100×200×300×DOM09999936WESTLIFE60304376303087CBRLDMP3097WEN3543TRAVELFOOD2695BJRIRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. BJ's Restaurants is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%DOM09999936WESTLIFE6030437630JDWBHARCODMP309781793543TRAVELFOOD2695BJRIGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. BJ's Restaurants is the large dot.

BJ's Restaurants competitors and peer comparison

Head to head with its named competitors (BJRI vs EAT vs DIN vs CBRL)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
BJ's Restaurants BJRI$1.18B+30%+4%3%22.5×26.8%
Brinker International EAT$8.58B+49%+6%11%14.7×9.3%
Dine Brands Global DIN$454M+26%+8%14%7.9×n/a
Cracker Barrel Old Country Store CBRL$1.45B+106%-5%0%30.3×14.0%

How BJ's Restaurants compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

BJ's Restaurants against its 20 peers (data as of 6 Nov 2026)
MeasureBJRIPeer medianRank in peer set
1-month return-6.5%+4.1%4th lowest of 21
6-month return+30.4%+18.1%8th highest of 21
Distance from 52-week high-25.4%-9.6%4th lowest of 21
Revenue growth (TTM)+3.5%+6.2%8th lowest of 21
Operating margin3.0%6.1%4th lowest of 21
Forward P/E22.5×19.6×9th most expensive of 18
Growth the price implies (Req g, 7 yrs)26.8%7.7%2nd most demanding of 20
Growth delivered (Del g)+12.4%+12.3%10th highest of 20
Hurdle (Req g minus delivered)+14.3 pp-2.6 pp4th most demanding of 20
ROIC minus cost of capital-6.2 pp+1.7 pp4th lowest of 21
EV / EBITDA12.7×11.1×7th most expensive of 17
Net debt / EBITDA3.3×2.5×9th most indebted of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
BJ's Restaurants BJRIUnited States$1.18B+30%+4%3%22.5×26.8%+12.4%
Domino's Pizza DOM.LUnited Kingdom$1.19B+24%+6%15%13.1×9.5%+6.3%
Xiaocaiyuan International 0999.HKHong Kong$1.17B+16%+3%15%13.1×-9.6%+15.8%
Ohsho Food Service 9936.TJapan$1.11B-1%0%7%27.5×4.2%+7.7%
Westlife Foodworld WESTLIFE.NSIndia$1.08B+31%+10%5%343.5×49.0%+21.7%
Guangzhou Restaurant 603043.SSChina$1.31B0%+9%11%17.3×-3.5%+10.4%
Ichibanya 7630.TJapan$1.06B+21%+8%6%57.3×12.2%+8.2%
J D Wetherspoon JDW.LUnited Kingdom$1.33B+69%+5%5%19.6×7.7%+23.7%
Doutor Nichires 3087.TJapan$1.03B+33%+8%7%16.3×-4.7%+10.6%
Biglari BHUnited States$1.01B+5%+8%5%n/a22.1%-1.8%
Sweetgreen SGUnited States$1.43B+72%-1%-18%n/an/an/a
Cracker Barrel Old Country Store CBRLUnited States$1.45B+106%-5%0%30.3×14.0%+3.3%
Arcos Dorados ARCOUnited States$1.45B-23%+11%6%9.1×-3.5%+18.7%
Domino's Pizza Enterprises DMP.AXAustralia$1.48B+48%-11%5%16.9×17.9%-1.4%
Monogatari 3097.TJapan$1.50B+43%+22%8%25.4×2.0%+18.8%
Colowide 7616.TJapan$1.51B+21%+16%4%n/a13.6%+12.3%
Wendy's WENUnited States$1.55B+12%-1%13%17.9×2.4%+4.7%
Royal 8179.TJapan$887M+5%+7%5%24.6×5.7%+14.4%
KOMEDA 3543.TJapan$859M-4%+13%17%19.2×-0.7%+14.7%
Travel Food Services TRAVELFOOD.NSIndia$1.63B-6%-2%30%31.7×13.0%+15.6%
Kura Sushi 2695.TJapan$848M-2%+4%1%48.1×21.5%+12.5%

Questions

Who are BJ's Restaurants's main competitors?
Named competitors: Brinker International (Chili's) (EAT), Dine Brands (Applebee's) (DIN), Cracker Barrel (CBRL). The cockpit's measured peer set (industry) also includes Domino's Pizza (DOM.L), Xiaocaiyuan International (0999.HK), Ohsho Food Service (9936.T), Westlife Foodworld (WESTLIFE.NS), Guangzhou Restaurant (603043.SS), Ichibanya (7630.T).
Is BJ's Restaurants expensive compared with its peers?
On forward p/e it trades at 22.5× against a peer median of 19.6×, 9th most expensive of 18 in its peer set. For today's price to make sense, revenue must grow about 27% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +14 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has BJ's Restaurants stock performed?
Over six months to 6 Nov 2026 the shares returned +30.4% against +18.1% for the median peer; over one year +55.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.