Potbelly Corp - Understand $pbpb stock

$PBPB Market Cap: $307.2 Million

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Financial Snapshot

Revenue

$471.7M

TTM

Gross Margin

73.86%

TTM

Net Earnings

$38.42M

TTM

Current Assets

$31.84M

Q3 2024

Current Liabilities

$65.41M

Q3 2024

Current Ratio

48.67%

Q3 2024

Total Assets

$258.6M

Q3 2024

Total Liabilities

$206.1M

Q3 2024

Book Value

$52.53M

Q3 2024

Cash

$11.20M

Q3 2024

P/E

7.995

Nov 29, 2024 EST

Free Cash Flow

$228.0K

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$491.4M	$452.0M	$380.1M	$291.3M	$409.7M	$422.6M	$428.1M	$407.1M	$372.8M	$327.0M	$299.7M	$274.9M	$238.0M	$220.6M	$214.7M
YoY Change	8.73%	18.92%	30.48%	-28.91%	-3.06%	-1.28%	5.15%	9.19%	14.03%	9.1%	9.02%	15.53%	7.87%	2.75%	3.37%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$491.4M	$452.0M	$380.1M	$291.3M	$409.7M	$422.6M	$428.1M	$407.1M	$372.8M	$327.0M	$299.7M	$274.9M	$238.0M	$220.6M	$214.7M
Cost Of Revenue	$133.7M	$129.2M	$105.0M	$82.20M	$108.3M	$111.1M	$113.4M	$111.0M	$105.6M	$93.69M	$87.38M	$79.85M	$68.49M	$63.00M	$61.70M
Gross Profit	$357.7M	$322.8M	$275.0M	$209.1M	$301.4M	$311.6M	$314.7M	$296.1M	$267.2M	$233.3M	$212.3M	$195.1M	$169.5M	$157.6M	$153.0M
Gross Profit Margin	72.79%	71.43%	72.36%	71.79%	73.56%	73.73%	73.51%	72.73%	71.67%	71.35%	70.85%	70.96%	71.22%	71.44%	71.26%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Selling, General & Admin	$250.0M	$235.1M	$217.2M	$195.6M	$233.8M	$235.1M	$231.0M	$212.5M	$192.9M	$168.6M	$161.1M	$141.2M	$122.0M	$115.6M	$117.4M
YoY Change	6.35%	8.22%	11.05%	-16.34%	-0.55%	1.77%	8.71%	10.16%	14.41%	4.66%	14.09%	15.74%	5.54%	-1.53%	-4.48%
% of Gross Profit	69.89%	72.82%	78.98%	93.54%	77.57%	75.45%	73.4%	71.77%	72.18%	72.27%	75.87%	72.39%	71.99%	73.35%	76.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$12.14M	$11.89M	$15.91M	$19.83M	$22.10M	$23.14M	$25.68M	$22.73M	$21.48M	$19.62M	$17.88M	$16.22M	$14.84M	$15.65M	$17.60M
YoY Change	2.09%	-25.26%	-19.77%	-10.28%	-4.49%	-9.88%	12.96%	5.86%	9.49%	9.73%	10.21%	9.31%	-5.19%	-11.08%	0.0%
% of Gross Profit	3.39%	3.68%	5.78%	9.48%	7.33%	7.43%	8.16%	7.68%	8.04%	8.41%	8.42%	8.31%	8.76%	9.93%	11.5%
Operating Expenses	$481.4M	$455.8M	$402.5M	$362.4M	$418.9M	$433.2M	$430.0M	$394.1M	$363.4M	$319.7M	$298.2M	$266.3M	$229.8M	$153.8M	$157.4M
YoY Change	5.62%	13.23%	11.07%	-13.49%	-3.31%	0.75%	9.11%	8.45%	13.67%	7.2%	11.97%	15.92%	49.39%	-2.29%	-3.55%
Operating Profit	$10.01M	-$3.804M	-$22.49M	-$71.13M	-$9.196M	-$10.60M	-$1.923M	$13.01M	$9.429M	$7.271M	$1.475M	$8.565M	$8.198M	$3.800M	-$4.400M
YoY Change	-363.04%	-83.08%	-68.39%	673.51%	-13.26%	451.33%	-114.78%	38.01%	29.68%	392.95%	-82.78%	4.48%	115.74%	-186.36%	-75.69%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$3.281M	$1.349M	$963.0K	$1.076M	$199.0K	$142.0K	$124.0K	$134.0K	$221.0K	$179.0K	$387.0K	$541.0K	$495.0K	-$500.0K	-$800.0K
YoY Change	143.22%	40.08%	-10.5%	440.7%	40.14%	14.52%	-7.46%	-39.37%	23.46%	-53.75%	-28.47%	9.29%	-199.0%	-37.5%	14.29%
% of Operating Profit	32.79%							1.03%	2.34%	2.46%	26.24%	6.32%	6.04%	-13.16%
Other Income/Expense, Net									$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$6.486M	$5.038M	-$23.45M	-$72.21M	-$9.395M	-$10.74M	-$2.047M	$12.88M	$9.208M	$7.092M	$1.086M	$8.018M	$7.702M	$200.0K	-$10.70M
YoY Change	28.74%	-121.48%	-67.52%	668.58%	-12.56%	424.87%	-115.89%	39.87%	29.84%	553.04%	-86.46%	4.1%	3751.0%	-101.87%	-50.69%
Income Tax	$909.0K	$327.0K	$172.0K	-$6.536M	$14.19M	-$2.195M	$4.643M	$4.443M	$3.466M	$2.748M	-$204.0K	-$15.99M	$537.0K	$800.0K	$200.0K
% Of Pretax Income	14.01%	6.49%						34.5%	37.64%	38.75%	-18.78%	-199.48%	6.97%	400.0%
Net Earnings	$5.119M	$4.345M	-$23.78M	-$65.39M	-$23.99M	-$8.878M	-$6.956M	$8.212M	$5.628M	$4.358M	$1.258M	$24.05M	$7.165M	-$500.0K	-$10.90M
YoY Change	17.81%	-118.27%	-63.63%	172.55%	170.24%	27.63%	-184.71%	45.91%	29.14%	246.42%	-94.77%	235.6%	-1533.0%	-95.41%	-50.0%
Net Earnings / Revenue	1.04%	0.96%	-6.26%	-22.45%	-5.86%	-2.1%	-1.62%	2.02%	1.51%	1.33%	0.42%	8.75%	3.01%	-0.23%	-5.08%
Basic Earnings Per Share	$0.18	$0.15	-$0.86	-$2.74	-$1.01	-$0.35	-$0.28	$0.32	$0.20	$0.15	-$6.29	$0.72	-$2.35
Diluted Earnings Per Share	$0.17	$0.15	-$0.86	-$2.74	-$1.01	-$0.35	-$0.28	$0.31	$0.20	$0.14	-$6.29	$0.66	-$2.35	-$17.86K	-$389.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$33.79M	$15.62M	$14.35M	$11.10M	$18.80M	$19.80M	$25.50M	$23.40M	$32.00M	$63.00M	$69.60M	$22.60M	$24.10M	$29.00M
YoY Change	116.33%	8.82%	29.31%	-40.96%	-5.05%	-22.35%	8.97%	-26.88%	-49.21%	-9.48%	207.96%	-6.22%	-16.9%
Cash & Equivalents	$33.79M	$15.62M	$14.35M	$11.10M	$18.80M	$19.80M	$25.50M	$23.40M	$32.00M	$63.00M	$69.60M	$22.60M	$24.10M	$29.00M
Short-Term Investments
Other Short-Term Assets	$7.828M	$4.501M	$4.178M	$4.800M	$5.700M	$11.40M	$11.10M	$8.000M	$10.20M	$10.40M	$7.000M	$4.700M	$4.800M	$3.600M
YoY Change	73.92%	7.73%	-12.96%	-15.79%	-50.0%	2.7%	38.75%	-21.57%	-1.92%	48.57%	48.94%	-2.08%	33.33%
Inventory	$3.516M	$3.990M	$3.491M	$3.000M	$3.500M	$3.500M	$3.500M	$3.400M	$3.200M	$2.800M	$2.300M	$1.900M	$2.600M	$2.300M
Prepaid Expenses
Receivables	$7.960M	$6.420M	$6.032M	$4.400M	$4.300M	$4.700M	$5.100M	$3.800M	$4.500M	$4.000M	$3.000M	$3.300M	$2.400M	$2.000M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$53.09M	$30.53M	$28.05M	$23.30M	$32.20M	$39.40M	$45.20M	$38.60M	$49.80M	$80.20M	$81.80M	$32.50M	$33.90M	$36.90M
YoY Change	73.9%	8.83%	20.4%	-27.64%	-18.27%	-12.83%	17.1%	-22.49%	-37.91%	-1.96%	151.69%	-4.13%	-8.13%
Property, Plant & Equipment	$189.5M	$205.4M	$215.9M	$250.3M	$291.0M	$87.80M	$103.9M	$107.1M	$97.40M	$85.70M	$79.00M	$69.30M	$59.40M	$55.90M
YoY Change	-7.74%	-4.87%	-13.75%	-13.99%	231.44%	-15.5%	-2.99%	9.96%	13.65%	8.48%	14.0%	16.67%	6.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$4.431M	$3.647M	$3.668M	$4.100M	$4.000M	$20.40M	$16.00M	$24.20M	$22.50M	$21.20M	$20.50M	$20.10M	$900.0K	$800.0K
YoY Change	21.5%	-0.57%	-10.54%	2.5%	-80.39%	27.5%	-33.88%	7.56%	6.13%	3.41%	1.99%	2133.33%	12.5%
Total Long-Term Assets	$199.4M	$214.6M	$225.2M	$260.1M	$300.7M	$113.8M	$125.5M	$136.8M	$124.7M	$111.7M	$104.3M	$94.20M	$65.20M	$61.50M
YoY Change	-7.12%	-4.68%	-13.42%	-13.5%	164.24%	-9.32%	-8.26%	9.7%	11.64%	7.09%	10.72%	44.48%	6.02%
Total Assets	$252.5M	$245.2M	$253.2M	$283.4M	$332.9M	$153.2M	$170.7M	$175.4M	$174.5M	$191.9M	$186.1M	$126.7M	$99.10M	$98.40M
YoY Change
Accounts Payable	$9.927M	$10.72M	$8.140M	$6.200M	$3.900M	$3.800M	$3.900M	$3.100M	$5.800M	$3.300M	$2.100M	$2.600M	$2.600M	$4.200M
YoY Change	-7.38%	31.67%	31.29%	58.97%	2.63%	-2.56%	25.81%	-46.55%	75.76%	57.14%	-19.23%	0.0%	-38.1%
Accrued Expenses	$59.90M	$54.88M	$56.62M	$55.60M	$48.30M	$22.00M	$20.00M	$20.10M	$16.60M	$13.90M	$13.40M	$11.90M	$12.10M	$11.60M
YoY Change	9.16%	-3.08%	1.84%	15.11%	119.55%	10.0%	-0.5%	21.08%	19.42%	3.73%	12.61%	-1.65%	4.31%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$1.250M	$0.00	$2.333M	$300.0K					$0.00	$1.000M	$100.0K	$100.0K	$100.0K	$4.100M
YoY Change		-100.0%	677.67%						-100.0%	900.0%	0.0%	0.0%	-97.56%
Total Short-Term Liabilities	$71.08M	$68.94M	$69.88M	$65.60M	$53.80M	$29.00M	$27.40M	$27.80M	$25.20M	$20.90M	$18.70M	$17.30M	$17.50M	$22.10M
YoY Change	3.1%	-1.35%	6.52%	21.93%	85.52%	5.84%	-1.44%	10.32%	20.57%	11.76%	8.09%	-1.14%	-20.81%
Long-Term Debt	$19.17M	$8.550M	$17.52M	$16.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.000M	$15.10M	$15.20M	$5.200M
YoY Change	124.19%	-51.19%	9.48%							-100.0%	-93.38%	-0.66%	192.31%
Other Long-Term Liabilities	$148.1M	$163.4M	$168.3M	$196.3M	$209.9M	$28.70M	$26.10M	$23.40M	$19.10M	$14.70M	$13.10M	$12.70M	$11.20M	$11.50M
YoY Change	-9.36%	-2.88%	-14.29%	-6.48%	631.36%	9.96%	11.54%	22.51%	29.93%	12.21%	3.15%	13.39%	-2.61%
Total Long-Term Liabilities	$167.3M	$172.0M	$185.8M	$212.3M	$209.9M	$28.70M	$26.10M	$23.40M	$19.10M	$14.70M	$14.10M	$27.80M	$26.40M	$16.70M
YoY Change	-2.72%	-7.44%	-12.49%	1.14%	631.36%	9.96%	11.54%	22.51%	29.93%	4.26%	-49.28%	5.3%	58.08%
Total Liabilities	$237.8M	$240.7M	$255.6M	$277.6M	$264.0M	$58.00M	$54.00M	$52.00M	$45.10M	$35.90M	$33.00M	$45.30M	$44.60M	$39.50M
YoY Change	-1.22%	-5.82%	-7.94%	5.15%	355.17%	7.41%	3.85%	15.3%	25.63%	8.79%	-27.15%	1.57%	12.91%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	29.20M shares	28.63M shares	27.64M shares	23.90M shares	23.85M shares	25.17K	25.05M	25.62M	28.00M	29.21M	10.13M	4.013M shares	4.360M shares
Diluted Shares Outstanding	30.09M shares	29.07M shares	27.64M shares	23.90M shares	23.85M shares	25.17K	25.05M	26.23M	28.63M	30.28M	10.13M	4.389M shares	4.360M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $307.15 Million

About POTBELLY CORP

Potbelly Corp. engages in the owning and operating of sandwich restaurants. The company is headquartered in Chicago, Illinois and currently employs 5,000 full-time employees. The company went IPO on 2013-10-04. The firm owns and operates Potbelly Sandwich Shop concept in the United States. The company also has domestic franchise operations of Potbelly Sandwich Shop concepts. Its shops are located in multiple types of neighborhoods and formats, including suburban, urban, central business districts, airports, and others. Its menu includes toasty hot sandwiches, signature salads, soups, chili, sides, freshly baked cookies, hand-dipped shakes and, in its breakfast locations, breakfast sandwiches. The firm operates approximately 424 shops in 31 states and the District of Columbia. Of these, the Company operates 345 shops and franchisees operates 79 shops. The Company-operated shops are located in various areas, such as Illinois, Indiana, Texas, Massachusetts, Michigan, Oregon, Virginia, Kansas, District of Columbia, Oklahoma, Minnesota, Kentucky, Wisconsin, Missouri, Maryland, Pennsylvania, Ohio, Utah, Arizona, and Colorado.

Industry: Retail-Eating Places Peers: BBQ HOLDINGS, INC. BurgerFi International, Inc. CARROLS RESTAURANT GROUP, INC. ONE Group Hospitality, Inc. Fat Brands, Inc Fiesta Restaurant Group, Inc. MCDONALDS CORP NOODLES & Co RED ROBIN GOURMET BURGERS INC