RICK Financials RCI HOSPITALITY HOLDINGS, INC.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:17 UTC Overview →

Growth & profitability

Revenue has grown 16.1% per year over the past 5 years.
Operating margin has expanded, at 10.8% in the latest year.
Free cash flow has declined 4.9% per year over the past 5 years.

Financial health

Total debt ($238M) exceeds cash ($34M); net debt is $204M.
Total debt has grown slower than revenue (10.8% vs 16.1% per year).
Operating income covered interest expense 1.9× in the latest year.
Total debt is 5.3× EBITDA.

Shareholder returns

Dividends have been paid for 10 consecutive years, consuming 22.7% of earnings and 7.1% of free cash flow.
The dividend has grown 13.9% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$279M	$11M	0.0%	10.8%	4.2%	1.8%	$35M	$238M	$34M
2024	$296M	$3M	0.0%	6.4%	1.1%	0.5%	$31M	$241M	$32M
2023	$294M	$29M	0.0%	17.5%	10.3%	4.8%	$19M	$243M	$21M
2022	$268M	$46M	0.0%	26.7%	19.1%	8.7%	$41M	$206M	$36M
2021	$195M	$30M	0.0%	19.7%	16.8%	8.3%	—	$127M	$36M
2020	$132M	-$6M	85.3%	2.1%	-4.0%	-1.7%	—	$143M	$16M
2019	$181M	$20M	86.2%	19.2%	12.0%	5.7%	—	$145M	$14M
2018	$166M	$21M	86.2%	16.6%	13.6%	5.9%	—	$142M	$18M
2017	$145M	$8M	85.7%	16.0%	6.2%	2.8%	—	$125M	$10M
2016	$135M	$11M	84.8%	15.3%	8.9%	4.1%	—	$107M	$11M
2015	—	$9M	—	—	7.5%	3.5%	—	$95M	$8M
2014	—	$11M	—	—	10.2%	4.8%	—	$70M	$10M
2013	—	$9M	—	—	9.8%	4.1%	—	$79M	$11M
2012	—	$8M	—	—	9.0%	3.9%	—	$64M	$6M
2011	—	$8M	—	—	10.2%	5.1%	—	$36M	$10M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$74M	$6M	0.0%	17.5%	2.7%	1.1%	$10M	$242M	$26M
Mar '26	$69M	-$326000	0.0%	5.5%	-0.1%	-0.1%	$8M	$251M	$27M
Dec '25	$71M	-$5M	0.0%	15.6%	-2.0%	-0.8%	$5M	$259M	$29M
Sep '25	$71M	-$6M	0.0%	-0.7%	-2.1%	-0.9%	$11M	$238M	$34M
Jun '25	$71M	$4M	0.0%	12.2%	1.5%	0.7%	$10M	$244M	$29M
Mar '25	$66M	$3M	0.0%	12.4%	1.2%	0.5%	$6M	$244M	$33M
Dec '24	$71M	$9M	0.0%	19.5%	3.4%	1.5%	$8M	$218M	$35M
Sep '24	$73M	$244000	0.0%	4.8%	0.1%	0.0%	$10M	$241M	$32M
Jun '24	$76M	-$5M	0.0%	-3.3%	-1.9%	-0.9%	$9M	$217M	$35M
Mar '24	$72M	$774000	0.0%	6.4%	0.3%	0.1%	$3M	$207M	$20M
Mar '24	$72M	$774000	0.0%	6.4%	—	—	—	—	—
Dec '23	$74M	$7M	0.0%	17.8%	2.5%	1.2%	$8M	$214M	$21M
Sep '23	$75M	$2M	0.0%	7.5%	0.8%	0.4%	$3M	$243M	$21M
Jun '23	$77M	$9M	0.0%	20.1%	3.2%	1.5%	$6M	$220M	$24M
Mar '23	$72M	$8M	0.0%	18.8%	2.8%	1.2%	$7M	$225M	$23M
Dec '22	$70M	$10M	0.0%	24.2%	4.1%	1.8%	$2M	$198M	$34M
Sep '22	$71M	$11M	0.0%	25.2%	4.4%	2.0%	—	$206M	$36M
Jun '22	$71M	$14M	0.0%	29.0%	6.0%	2.8%	—	$176M	$38M
Mar '22	$64M	$11M	0.0%	26.8%	4.8%	2.2%	—	$167M	$38M
Dec '21	$62M	$11M	0.0%	25.7%	4.8%	2.3%	—	$153M	$18M

Valuation over time

How the market has priced RICK against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 13.0× (Mar '23) to 20.5× (Nov '26).
The price-to-sales ratio has fallen from 2.2× (Mar '23) to 0.8× (Nov '26).
The dividend yield has risen from 0.3% (Mar '23) to 1.1% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is RICK growing its revenue and profit?

Over the past 5 years, RCI HOSPITALITY HOLDINGS, INC.'s revenue has grown 16.1% per year. These are computed facts, not advice.

How much debt does RICK have?

As of FY2025, RCI HOSPITALITY HOLDINGS, INC. reported $238M of total debt against $34M of cash; operating income covered interest expense 1.9×.

What is RICK's profit margin?

In FY2025, gross margin was —, operating margin 10.8%, and net margin 3.9%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.