Estados financieros detallados de Red Robin Gourmet Burgers, Inc. (RRGB): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Red Robin Gourmet Burgers, Inc. registró ingresos de $1.21B en el último ejercicio fiscal, con un CAGR de 5 años del 6.9%.
Márgenes de los últimos 12 meses: margen bruto 35.4%, margen operativo -0.4%, margen neto -2.5%.
Al precio actual de $7.31, RRGB presenta beneficios negativos (P/E no significativo) y un ROE del 29.24%. La capitalización bursátil es de $135M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $1.30B | $1.38B | $1.34B | $1.32B | $868.7M | $1.16B | $1.27B | $1.30B | $1.25B | $1.21B |
| Coste de Ventas | $844.9M | $908.5M | $883.9M | $872.0M | $630.8M | $767.3M | $845.9M | $885.3M | $395.8M | $387.8M |
| Beneficio Bruto | $451.6M | $472.4M | $454.7M | $443.0M | $237.9M | $394.4M | $419.6M | $417.8M | $852.8M | $822.4M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $136.9M | $150.0M | $146.5M | $160.2M | $109.3M | $122.7M | $136.6M | $124.1M | $118.4M | $107.6M |
| Gastos Operativos | $405.6M | $426.4M | $426.0M | $456.2M | $513.0M | $431.5M | $477.1M | $413.2M | $905.9M | $819.6M |
| Beneficio Operativo | $11.6M | $39.0M | -$10.5M | -$13.1M | -$275.1M | -$37.1M | -$57.5M | $4.5M | -$53.1M | $2.8M |
| EBITDA | $98.7M | $138.5M | $84.9M | $79.7M | -$185.8M | $47.0M | $18.8M | $71.8M | $5.4M | $54.0M |
| Gastos por Intereses | $7.2M | $11.0M | $10.9M | $10.2M | $10.2M | $14.2M | $20.6M | $26.6M | $25.3M | $26.0M |
| Beneficio Antes de Impuestos | $4.8M | $29.0M | -$21.4M | -$22.2M | -$283.6M | -$50.6M | -$78.1M | -$20.9M | -$77.6M | -$23.0M |
| Impuestos | -$6.9M | -$999000 | -$15.0M | -$14.3M | -$7.5M | -$152000 | $747000 | $310000 | -$90000 | $258000 |
| Beneficio Neto | $11.7M | $30.0M | -$6.4M | -$7.9M | -$276.1M | -$50.4M | -$78.9M | -$21.2M | -$77.5M | -$23.3M |
| BPA | $0.88 | $2.33 | $-0.49 | $-0.61 | $-19.29 | $-3.19 | $-4.98 | $-1.34 | $-4.93 | $-1.31 |
| BPA Diluido | $0.87 | $2.31 | $-0.49 | $-0.61 | $-19.29 | $-3.19 | $-4.98 | $-1.34 | $-4.93 | $-1.31 |
| Acciones en Circulación (Diluidas) | $13.5M | $13.0M | $13.0M | $13.0M | $14.3M | $15.7M | $15.8M | $15.8M | $15.7M | $17.8M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q4 | 2025-Q4 | 2026-Q2 | 2026-Q3 |
|---|
| Ingresos | $265.1M | $269.0M | $378.3M | $277.6M |
| Beneficio Bruto | $79.2M | $82.4M | $46.7M | $213.6M |
| Beneficio Operativo | -$12.1M | -$4.0M | $5.5M | $6.2M |
| EBITDA | -$148000 | $8.1M | $20.9M | $15.8M |
| Beneficio Neto | -$18.4M | -$10.1M | -$2.2M | $386000 |
| BPA | $-1.03 | $-0.56 | $-0.12 | $0.02 |
| BPA Diluido | $-1.03 | $-0.56 | $-0.12 | $0.02 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $11.7M | $17.7M | $18.6M | $30.0M | $16.1M | $22.8M | $48.8M | $23.6M | $30.7M | $19.9M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $24.2M | $26.5M | $25.0M | $22.4M | $33.2M | $37.2M | $22.0M | $21.6M | $19.7M | $19.4M |
| Inventario | $29.9M | $29.6M | $27.4M | $26.4M | $23.8M | $25.2M | $26.4M | $26.8M | $26.7M | $25.7M |
| Activos Corrientes | $92.8M | $104.8M | $98.5M | $105.5M | $86.9M | $102.2M | $119.6M | $91.8M | $99.4M | $88.9M |
| Inmovilizado Material | $656.4M | $638.2M | $565.1M | $944.3M | $852.6M | $787.2M | $687.5M | $622.9M | $512.8M | $454.1M |
| Fondo de Comercio | $95.9M | $97.0M | $95.8M | $96.4M | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $42.3M | $38.3M | $34.6M | $30.0M | $24.7M | $21.3M | $17.7M | $15.5M | $11.1M | $9.2M |
| Activos Totales | $918.5M | $910.6M | $843.9M | $1.24B | $974.7M | $929.0M | $832.1M | $741.9M | $641.3M | $563.5M |
| Cuentas por Pagar | $13.7M | $35.3M | $39.0M | $33.0M | $20.2M | $32.5M | $39.3M | $27.7M | $29.8M | $31.4M |
| Deuda a Corto | 0 | 0 | 0 | 0 | $9.7M | $9.7M | $3.4M | 0 | 0 | 0 |
| Pasivos Corrientes | $141.0M | $160.3M | $171.1M | $194.6M | $202.6M | $223.3M | $220.2M | $186.3M | $189.6M | $198.6M |
| Deuda a Largo | $336.4M | $266.4M | $193.4M | $206.9M | $161.0M | $167.3M | $203.2M | $182.6M | $181.6M | $164.7M |
| Pasivos Totales | $570.5M | $523.2M | $461.1M | $877.1M | $854.0M | $852.0M | $830.4M | $762.4M | $725.6M | $669.9M |
| Reservas | $352.7M | $382.8M | $376.3M | $353.3M | $77.2M | $27.2M | -$54.2M | -$75.4M | -$153.0M | -$176.2M |
| Patrimonio Neto | $348.1M | $387.4M | $382.8M | $360.5M | $120.7M | $77.0M | $1.8M | -$20.4M | -$84.3M | -$106.3M |
| Deuda Total | $347.2M | $276.6M | $202.8M | $715.0M | $691.2M | $672.9M | $657.1M | $610.8M | $585.1M | $515.0M |
| Deuda Neta | $335.4M | $258.9M | $184.2M | $685.0M | $675.0M | $650.1M | $608.3M | $587.2M | $554.5M | $495.1M |
| Capital Circulante | -$48.2M | -$55.5M | -$72.6M | -$89.1M | -$115.6M | -$121.1M | -$100.6M | -$94.6M | -$90.1M | -$109.7M |
Balance (Trimestral)
| Año | 2025-Q4 | 2025-Q4 | 2026-Q2 | 2026-Q3 |
|---|
| Caja y Equivalentes | $21.7M | $19.9M | $24.3M | $22.8M |
| Activos Totales | $574.2M | $563.5M | $543.8M | $528.7M |
| Pasivos Totales | $670.3M | $669.9M | $650.5M | $634.3M |
| Patrimonio Neto | -$96.1M | -$106.3M | -$106.7M | -$105.6M |
| Deuda Total | $526.6M | $515.0M | $509.3M | $495.3M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $11.7M | $30.0M | -$6.4M | -$7.9M | -$276.1M | -$50.0M | -$77.8M | -$21.2M | -$77.5M | -$23.3M |
| Amortizaciones | $86.7M | $92.5M | $95.4M | $91.8M | $87.6M | $83.4M | $76.2M | $66.2M | $57.7M | $51.1M |
| Compensación en Acciones | $4.5M | $4.8M | $4.0M | $3.3M | $4.3M | $6.6M | $6.3M | $6.9M | $7.0M | $1.5M |
| Cambio en Capital Circulante | -$21.0M | $31.8M | $19.0M | -$15.1M | $31.2M | $2.1M | $15.8M | -$22.0M | -$7.9M | $8.3M |
| Flujo de Caja Operativo | $99.0M | $156.6M | $126.3M | $57.9M | $20.2M | $47.3M | $35.5M | -$1.2M | $7.0M | $37.0M |
| Inversiones (CapEx) | -$163.8M | -$83.5M | -$50.3M | -$57.3M | -$22.1M | -$42.3M | -$38.2M | -$49.4M | -$26.0M | -$30.8M |
| Adquisiciones | -$40.0M | $241000 | $435000 | $279000 | $739000 | $20000 | $8.6M | -$3.5M | 0 | $6.2M |
| Recompra de Acciones | -$46.1M | 0 | -$1.5M | -$3.5M | -$1.6M | 0 | 0 | -$10.0M | 0 | -$479000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$64.8M | $73.1M | $76.0M | $606000 | -$1.9M | $5.0M | -$2.6M | -$50.6M | -$19.0M | $6.2M |
Flujo de Caja (Trimestral)
| Año | 2025-Q4 | 2025-Q4 | 2026-Q2 | 2026-Q3 |
|---|
| Flujo de Caja Operativo | -$3.5M | $11.0M | $7.0M | $7.5M |
| Inversiones (CapEx) | -$6.6M | -$5.7M | -$6.7M | -$4.8M |
| Flujo de Caja Libre | -$10.1M | $5.3M | $268000 | $2.7M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $1.4M | $207000 | $1.7M | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +6.5% | -3.1% | -1.8% | -33.9% | +33.7% | +8.9% | +3.0% | -4.2% | -3.1% |
| Crecimiento Beneficio Neto (anual) | | +156.0% | -121.4% | -23.1% | -3393.2% | +81.7% | -56.4% | +73.1% | -265.3% | +70.0% |
| Crecimiento BPA (anual) | | +164.8% | -121.0% | -24.5% | -3062.3% | +83.5% | -56.1% | +73.1% | -267.9% | +73.4% |
| Cambio en Acciones (anual) | | -3.4% | -0.2% | -0.1% | +10.5% | +9.4% | +1.1% | -0.0% | -0.6% | +13.0% |
| Crecimiento FCF (anual) | | +212.8% | +4.0% | -99.2% | -413.4% | +364.9% | -152.2% | -1826.0% | +62.5% | +132.8% |
| Margen Bruto | 34.8% | 34.2% | 34.0% | 33.7% | 27.4% | 33.9% | 33.2% | 32.1% | 68.3% | 68.0% |
| Margen Operativo | 0.9% | 2.8% | -0.8% | -1.0% | -31.7% | -3.2% | -4.5% | 0.3% | -4.3% | 0.2% |
| Margen EBITDA | 7.6% | 10.0% | 6.3% | 6.1% | -21.4% | 4.0% | 1.5% | 5.5% | 0.4% | 4.5% |
| Margen Neto | 0.9% | 2.2% | -0.5% | -0.6% | -31.8% | -4.3% | -6.2% | -1.6% | -6.2% | -1.9% |
| Margen FCF | -5.0% | 5.3% | 5.7% | 0.0% | -0.2% | 0.4% | -0.2% | -3.9% | -1.5% | 0.5% |
| Tasa Impositiva Efectiva | -144.9% | -3.4% | 70.0% | 64.5% | 2.6% | 0.3% | -1.0% | -1.5% | 0.1% | -1.1% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-4.81 | $5.62 | $5.86 | $0.05 | $-0.13 | $0.32 | $-0.17 | $-3.20 | $-1.21 | $0.35 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $13.3M | $12.9M | $13.0M | $13.0M | $14.3M | $15.7M | $15.8M | $15.8M | $15.7M | $17.8M |
Qué mirar en empresas de Consumer Cyclical
- Margen operativo medio 5a (Media del ciclo) — Mira la media del ciclo, no el año actual (pico o valle).
- Rotación de inventario (≥4x/año) — El retail sano rota inventario rápido. Una caída señala demanda débil.
- ROIC medio 5a (≥12%) — Cíclicas con ROIC medio >12% son ganadoras estructurales.
- Deuda neta / EBITDA (pico) (<3x en valle) — En cíclicas la deuda mata en recesión.
- Current Ratio (>1,5x) — Aguanta 12-18 meses sin caja operativa.
- Altman Z-Score (>2,99 seguro) — Modelo de bancarrota — clave en cíclicas sensibles a recesión.
Rentabilidad
| Rentabilidad sobre capital | 29.24% |
| Rentabilidad sobre capital invertido | -1.10% |
| Rentabilidad sobre activos | -5.73% |
| Margen bruto | 35.44% |
| Margen operativo | -0.37% |
| Margen neto | -2.55% |
Salud financiera
| Deuda / Patrimonio | -4.69 |
| Ratio corriente | 0.71 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 1.56 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 64.09 | 24.21 | -54.53 | -54.13 | -0.99 | -5.36 | -1.14 | -9.31 | -1.10 | -3.15 |
| P/VC | 2.16 | 1.88 | 0.91 | 1.19 | 2.26 | 3.48 | 50.47 | -9.66 | -1.02 | -0.69 |
| P/V | 0.58 | 0.53 | 0.26 | 0.33 | 0.31 | 0.23 | 0.07 | 0.15 | 0.07 | 0.06 |
| Margen Bruto | 34.8% | 34.2% | 34.0% | 33.7% | 27.4% | 33.9% | 33.2% | 32.1% | 68.3% | 68.0% |
| Margen Operativo | 0.9% | 2.8% | -0.8% | -1.0% | -31.7% | -3.2% | -4.5% | 0.3% | -4.3% | 0.2% |
| Margen Neto | 0.9% | 2.2% | -0.5% | -0.6% | -31.8% | -4.3% | -6.2% | -1.6% | -6.2% | -1.9% |