PBPB - NASDAQ

Potbelly Corporation

Potbelly Corporation

PBPB·NASDAQ

$17.12

+0.0000%
Consumer CyclicalRestaurants

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops. As of December 26, 2021, it had 443 shops in 33 states and the District of Columbia, which included 397 shops and 46 franchisees operated shops. The company was formerly known as Potbelly Sandwich Works, Inc. and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$517.98M
EPS0.0824
P/E Ratio37.16
Earnings Date05/05/2026
19.66M
Operating Cash Flow
1%
3Y-504.0%
5Y+8.0%
10Y-51.0%
-19.08M
Investing Cash Flow
77%
3Y+111.0%
5Y+33.0%
10Y-47.0%
-22.64M
Financing Cash Flow
-322%
3Y-232.0%
5Y+374.0%
10Y-36.0%
PBPB

Potbelly Corporation Cash Conversion Engine

PBPB · NASDAQ
Net Income41.33M
Depreciation & Amortization12.67M
Stock-Based Compensation5.73M
Change in Working Capital-33.23M
Others27.25M
Capital Expenditures-19.28M
Free Cash Flow379.00K

Cash Flow Quality Analysis

FCF Conversion Rate

0.9%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

140.4%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-84.4%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$33.23M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Potbelly Corporation Cash Flow Statement

PBPB • NASDAQ

Potbelly Corporation Cash Flow StatementDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
OPERATING ACTIVITIES
Net Income
41.3M
5.6M
4.7M
-23.6M
-65.7M
-23.6M
-8.5M
-6.7M
8.4M
5.7M
4.3M
1.3M
24M
7.2M
-530K
Depreciation & Amortization
12.7M
12.1M
11.9M
15.9M
19.8M
22.1M
23.1M
25.7M
22.7M
21.5M
19.6M
17.9M
16.2M
14.8M
15.6M
Change in Deferred Taxes
-34.1M
0.0
18K
18K
10K
13.8M
-3M
6.1M
-1.7M
-72K
-289K
-2M
-16.9M
113K
647K
Stock-Based Compensation
5.7M
5.5M
3.3M
2.1M
2.5M
2.3M
2.9M
4.7M
3.1M
2.4M
2.5M
11.6M
2.8M
1.5M
1M
Other Non-Cash Items
27.3M
25.4M
19.5M
30.7M
36.7M
30.9M
14.8M
15M
7.5M
7.3M
4.2M
1.3M
2.1M
221K
1.9M
Cash Taxes Paid
(784K)
(278K)
(139K)
(185K)
(206K)
(187K)
(250K)
(1.7M)
(3.7M)
(2.4M)
(3.2M)
(1.8M)
(1.1M)
(452K)
(294K)
Change in Working Capital
-33.2M
-29.1M
-26.9M
-30M
-5M
-27.4M
1.7M
-3M
5.9M
3.4M
-3.9M
-264K
-3.2M
-3.7M
101K
Cash from Operating Activities
19.7M
19.5M
12.5M
-4.9M
-11.6M
18.2M
31M
41.8M
46M
40.3M
26.6M
29.9M
25.1M
20.1M
18.8M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment
-19.3M
-17.1M
-8.4M
-9M
-10.9M
-14.4M
-21.4M
-34.7M
-36.7M
-35.7M
-29.2M
-28.1M
-25.9M
-17.8M
-6.2M
Acquisitions, Net
(0.0)
(6.3M)
(0.0)
(208K)
(143K)
(75K)
(98K)
(0.0)
-1.1M
-333K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Other Investing Items
202K
0.0
0.0
-208K
-143K
-75K
0.0
0.0
0.0
-333K
0.0
0.0
0.0
0.0
0.0
Cash from Investing Activities
-19.1M
-10.8M
-8.4M
-9M
-10.9M
-14.4M
-21.4M
-34.7M
-37.8M
-36.1M
-29.2M
-28.1M
-25.9M
-17.8M
-6.2M
FINANCING ACTIVITIES
Net Issuance of Common Stock
-1.4M
961K
-813K
14.8M
-584K
-4.2M
-22.9M
-12.9M
-22.3M
-39.8M
-10.2M
110.3M
2K
-8.5M
0.0
Net Issuance of Debt
-18.8M
13.6M
-1.3M
3.6M
16.3M
0.0
0.0
0.0
0.0
-1M
-84K
-14.1M
-409K
5.8M
-4.1M
Cash Paid for Dividends
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-49.9M
(0.0)
(0.0)
(0.0)
Share Repurchases
-1.4M
(0.0)
-813K
-1.3M
-584K
-4.2M
-22.9M
-12.9M
-22.3M
-39.8M
-10.2M
(0.0)
(0.0)
-13.5M
-234K
Other Financing Items
-2.4M
-4.4M
-671K
-1.3M
-853K
-555K
-676K
8M
5.5M
5.5M
6.4M
-1.2M
-293K
481K
0.0
Cash from Financing Activities
-22.6M
10.2M
-2.8M
17.1M
14.8M
-4.8M
-15.3M
-5M
-16.8M
-35.3M
-3.9M
45.2M
-700K
-7.2M
-4.4M
CASH FLOW SUMMARY
Net Change in Cash
-22.1M
18.9M
1.3M
3.2M
-7.7M
-969K
-5.8M
2.2M
-8.6M
-31M
-6.6M
47M
-1.6M
-4.8M
8.2M
Cash at Beginning of Period
34.5M
15.6M
14.4M
11.1M
18.8M
19.8M
25.5M
23.4M
32M
63M
69.6M
22.6M
24.1M
29M
20.8M
Cash at End of Period
12.5M
34.5M
15.6M
14.4M
11.1M
18.8M
19.8M
25.5M
23.4M
32M
63M
69.6M
22.6M
24.1M
29M
Free Cash Flow
379K
2.4M
4.1M
-13.9M
-22.5M
3.8M
9.6M
7.1M
9.3M
4.6M
-2.7M
1.8M
-851K
2.4M
12.5M

SEC Filings

PBPB - Filing history and reports

No SEC filings available for PBPB

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