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RCI Hospitality Holdings, Inc. (RICK) 10-Year Financial Performance & Capital Metrics

RICK • • Industrial / General
Consumer CyclicalRestaurantsUpscale & Fine DiningPremium Steak & Seafood
AboutRCI Hospitality Holdings, Inc., through its subsidiaries, engages in the hospitality and related businesses in the United States. The company operates through Nightclubs, Bombshells, and Other segments. It owns and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club. The company also operates restaurants and sports bars under the Bombshells Restaurant & Bar brand, as well as a dance club under the Studio 80 brand. In addition, it owns two national industry trade publications serving the adult nightclubs industry and the adult retail products industry; a national industry convention and tradeshow; and two national industry award shows, as well as approximately a dozen industry and social media Websites. Further, RCI Hospitality Holdings, Inc. holds license to sell Robust Energy Drink in the United States. The company was formerly known as Rick's Cabaret International, Inc. and changed its name to RCI Hospitality Holdings, Inc. in August 2014. RCI Hospitality Holdings, Inc. was founded in 1983 and is based in Houston, Texas.Show more
  • Revenue $296M +0.6%
  • EBITDA $34M -48.7%
  • Net Income $3M -89.7%
  • EPS (Diluted) 0.33 -89.5%
  • Gross Margin 86.14% +44.4%
  • EBITDA Margin 11.57% -49.0%
  • Operating Margin 6.36% -63.7%
  • Net Margin 1.02% -89.8%
  • ROE 1.11% -90.1%
  • ROIC 2.7% -65.5%
  • Debt/Equity 1.05 +6.0%
  • Interest Coverage 1.13 -65.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 10.3%
  • ✓Trading at only 0.9x book value

✗Weaknesses

  • ✗Profits declining 31.7% over 5 years
  • ✗Weak momentum: RS Rating 17 (bottom 17%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y8.63%
5Y10.3%
3Y14.82%
TTM-5.34%

Profit (Net Income) CAGR

10Y-12.34%
5Y-31.72%
3Y-53.7%
TTM233.95%

EPS CAGR

10Y-11.58%
5Y-30.93%
3Y-53.91%
TTM255.09%

ROCE

10Y Avg9.04%
5Y Avg8.51%
3Y Avg10.04%
Latest3.42%

Peer Comparison

Premium Steak & Seafood
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
RICKRCI Hospitality Holdings, Inc.232.21M26.7481.030.62%5.88%6.15%13.47%1.05
STKSThe ONE Group Hospitality, Inc.77.45M2.49-2.22102.35%-10.21%-71.69%3.16
VENUVenu Holding Corporation374.92M8.75-10.8041.57%-290.81%-20.46%0.21

Profit & Loss

Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024
Sales/Revenue+144.67M134.86M144.9M165.75M181.06M132.33M195.26M267.62M293.79M295.6M
Revenue Growth %0.12%-0.07%0.07%0.14%0.09%-0.27%0.48%0.37%0.1%0.01%
Cost of Goods Sold+52.88M58M60.75M67.46M74.77M58.51M80.68M104.46M118.5M40.98M
COGS % of Revenue0.37%0.43%0.42%0.41%0.41%0.44%0.41%0.39%0.4%0.14%
Gross Profit+91.79M76.86M84.15M98.29M106.29M73.82M114.58M163.16M175.29M254.62M
Gross Margin %0.63%0.57%0.58%0.59%0.59%0.56%0.59%0.61%0.6%0.86%
Gross Profit Growth %0.09%-0.16%0.09%0.17%0.08%-0.31%0.55%0.42%0.07%0.45%
Operating Expenses+64.88M50.25M53.7M61.55M68.97M60.53M62.85M91.24M123.8M235.81M
OpEx % of Revenue0.45%0.37%0.37%0.37%0.38%0.46%0.32%0.34%0.42%0.8%
Selling, General & Admin23.74M32.9M36.66M42.09M46.14M41.33M43.14M65.63M76.13M78.81M
SG&A % of Revenue0.16%0.24%0.25%0.25%0.25%0.31%0.22%0.25%0.26%0.27%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses8.17M-5.76M-7.31M-8.35M9.07M8.84M8.24M12.39M31.11M157.01M
Operating Income+20.88M20.85M23.14M28.4M34.7M2.75M38.55M71.46M51.48M18.8M
Operating Margin %0.14%0.15%0.16%0.17%0.19%0.02%0.2%0.27%0.18%0.06%
Operating Income Growth %0.11%-0%0.11%0.23%0.22%-0.92%13.04%0.85%-0.28%-0.63%
EBITDA+27.77M28.18M30.06M36.12M43.77M13.24M48.52M86.46M66.64M34.2M
EBITDA Margin %0.19%0.21%0.21%0.22%0.24%0.1%0.25%0.32%0.23%0.12%
EBITDA Growth %0.1%0.01%0.07%0.2%0.21%-0.7%2.66%0.78%-0.23%-0.49%
D&A (Non-Cash Add-back)6.89M7.33M6.92M7.72M9.07M10.5M9.97M15M15.15M15.39M
EBIT21.12M20.82M23.41M36.75M34.4M3.01M44.13M72.08M51.87M19.29M
Net Interest Income+-6.95M-7.85M-8.5M-9.72M-9.9M-9.49M-9.74M-11.54M-15.54M-16.2M
Interest Income15K131K266K234K309K324K253K411K388K482K
Interest Expense6.97M7.98M8.76M9.95M10.21M9.81M9.99M11.95M15.93M16.68M
Other Income/Expense-6.57M-7.85M-8.5M-9.72M-10.51M-9.55M-4.41M-11.33M-15.54M-16.2M
Pretax Income+14.15M13M14.64M18.68M24.19M-6.8M34.14M60.13M35.95M2.61M
Pretax Margin %0.1%0.1%0.1%0.11%0.13%-0.05%0.17%0.22%0.12%0.01%
Income Tax+5.16M2.66M6.36M-3.12M4.86M-493K3.99M14.07M6.85M-410K
Effective Tax Rate %0.65%0.86%0.56%1.12%0.84%0.93%0.89%0.77%0.81%1.15%
Net Income+9.21M11.22M8.26M20.88M20.29M-6.31M30.34M46.04M29.25M3.01M
Net Margin %0.06%0.08%0.06%0.13%0.11%-0.05%0.16%0.17%0.1%0.01%
Net Income Growth %-0.18%0.22%-0.26%1.53%-0.03%-1.31%5.81%0.52%-0.36%-0.9%
Net Income (Continuing)8.89M10.47M8.28M20.96M20.45M-6.31M30.15M46.06M29.1M3.02M
Discontinued Operations0000000000
Minority Interest5.86M2.58M2.48M-103K-156K-414K-600K489K-257K-250K
EPS (Diluted)+0.891.100.852.152.10-0.693.374.913.130.33
EPS Growth %-0.21%0.24%-0.23%1.53%-0.02%-1.33%5.88%0.46%-0.36%-0.89%
EPS (Basic)0.891.120.852.152.10-0.693.374.913.130.33
Diluted Shares Outstanding10.41M10.23M9.74M9.72M9.66M9.2M9.01M9.38M9.34M9.25M
Basic Shares Outstanding10.36M9.94M9.73M9.72M9.66M9.2M9.01M9.38M9.34M9.25M
Dividend Payout Ratio-0.08%0.14%0.06%0.06%-0.05%0.04%0.07%0.76%

Balance Sheet

Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024
Total Current Assets+20.61M29.39M26.24M36.8M34.77M31.43M52.95M51.16M37.47M47.28M
Cash & Short-Term Investments8.63M11.33M9.92M17.73M14.1M15.61M35.69M35.98M21.02M32.35M
Cash Only8.02M11.33M9.92M17.73M14.1M15.61M35.69M35.98M21.02M32.35M
Short-Term Investments614K000000000
Accounts Receivable2.15M4.37M3.19M7.32M7.24M6.97M7.79M8.74M10.1M5.83M
Days Sales Outstanding5.4311.818.0316.1214.619.2214.5611.9212.547.2
Inventory2.37M2.02M2.15M2.35M2.6M2.37M2.66M3.89M4.41M4.68M
Days Inventory Outstanding16.3512.7112.9112.7312.6814.812.0313.613.5941.64
Other Current Assets08.78M7.16M4.49M5.39M1.6M5.74M1.61M552K614K
Total Non-Current Assets+250.2M247.1M273.64M293.76M318.87M329.5M311.67M479.58M573.41M537.08M
Property, Plant & Equipment134.15M142M148.41M172.4M183.96M206.93M200.26M261.66M317.64M306.31M
Fixed Asset Turnover1.08x0.95x0.98x0.96x0.98x0.64x0.98x1.02x0.92x0.97x
Goodwill52.64M45.92M43.87M44.42M53.63M45.69M39.38M67.77M70.77M61.91M
Intangible Assets61M52.19M74.42M71.53M75.95M73.08M67.82M144.05M179.15M163.46M
Long-Term Investments-3.44M1.2M4.99M2.87M148K2.99M2.92M4.69M04.17M
Other Non-Current Assets2.42M6.99M6.94M5.4M5.33M-1.57M114K-300K5.86M1.23M
Total Assets+270.81M276.49M299.88M330.57M353.64M360.93M364.62M530.74M610.88M584.36M
Asset Turnover0.53x0.49x0.48x0.50x0.51x0.37x0.54x0.50x0.48x0.51x
Asset Growth %0.13%0.02%0.08%0.1%0.07%0.02%0.01%0.46%0.15%-0.04%
Total Current Liabilities+22.85M24.46M31.11M33.84M34.21M37.3M23.02M31.5M47.98M48.08M
Accounts Payable2.16M1.7M2.15M2.83M3.81M4.8M4.41M5.48M6.11M5.64M
Days Payables Outstanding14.9410.712.915.2918.629.9419.9419.1618.8250.2
Short-Term Debt9.47M9.95M17.44M19.05M15.75M17.93M8.21M14.69M22.84M22.16M
Deferred Revenue (Current)0256K196K134K83K336K354K234K96K0
Other Current Liabilities9.37M11.04M8.89M9.55M11.67M10.19M5.05M10.23M11.54M16.99M
Current Ratio0.90x1.20x0.84x1.09x1.02x0.84x2.30x1.62x0.78x0.98x
Quick Ratio0.80x1.12x0.77x1.02x0.94x0.78x2.18x1.50x0.69x0.89x
Cash Conversion Cycle6.8413.818.0413.578.684.086.656.377.31-1.36
Total Non-Current Liabilities+119.47M121.89M133.55M142.56M151.13M171.32M162.37M257.48M281.58M273.18M
Long-Term Debt84.88M95.94M106.91M121.58M127.77M125.13M118.73M190.57M216.91M219.33M
Capital Lease Obligations0000025.44M24.15M36M35.17M30.76M
Deferred Tax Liabilities31.53M25.47M25.54M19.55M21.66M20.39M19.14M30.56M29.14M22.69M
Other Non-Current Liabilities2.72M483K1.09M1.42M1.7M362K350K349K352K398K
Total Liabilities142.33M146.35M164.66M176.4M185.34M208.63M185.4M288.98M329.56M321.25M
Total Debt+94.92M105.89M124.35M140.63M143.53M170.13M152.88M241.26M277.9M275.54M
Net Debt86.9M94.56M114.43M122.9M129.43M154.53M117.19M205.28M256.88M243.19M
Debt / Equity0.74x0.81x0.92x0.91x0.85x1.12x0.85x1.00x0.99x1.05x
Debt / EBITDA3.42x3.76x4.14x3.89x3.28x12.85x3.15x2.79x4.17x8.06x
Net Debt / EBITDA3.13x3.36x3.81x3.40x2.96x11.67x2.42x2.37x3.86x7.11x
Interest Coverage3.00x2.61x2.64x2.85x3.40x0.28x3.86x5.98x3.23x1.13x
Total Equity+128.49M130.14M135.22M154.17M168.3M152.31M179.22M241.76M281.32M263.11M
Equity Growth %0.13%0.01%0.04%0.14%0.09%-0.1%0.18%0.35%0.16%-0.06%
Book Value per Share12.3512.7213.8815.8617.4316.5619.9025.7630.1328.44
Total Shareholders' Equity122.62M127.56M132.75M154.27M168.46M152.72M179.82M241.27M281.58M263.36M
Common Stock103K97K97K97K96K91K90K92K94K90K
Retained Earnings52.68M62.91M69.19M89.74M107.05M100.8M129.69M173.95M201.05M201.76M
Treasury Stock0000000000
Accumulated OCI109K0-45.27M220K000000
Minority Interest5.86M2.58M2.48M-103K-156K-414K-600K489K-257K-250K

Cash Flow

Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024
Cash from Operations+16.36M23.03M21.09M25.77M37.17M15.63M41.99M64.51M59.13M55.88M
Operating CF Margin %0.11%0.17%0.15%0.16%0.21%0.12%0.22%0.24%0.2%0.19%
Operating CF Growth %-0.2%0.41%-0.08%0.22%0.44%-0.58%1.69%0.54%-0.08%-0.05%
Net Income8.99M10.34M8.28M21.79M19.33M-6.31M30.15M46.06M29.1M3.02M
Depreciation & Amortization6.89M7.17M6.92M7.72M9.07M8.84M8.24M12.39M15.15M15.39M
Stock-Based Compensation480K360K000002.35M2.59M1.88M
Deferred Taxes-4.23M1.43M2.17M-6.78M821K-1.27M-1.25M3.08M-1.78M-6.45M
Other Non-Cash Items2.28M4.23M565K1.29M328K2.49M703K2.05M15.28M39.37M
Working Capital Changes1.95M-503K-3.65M-5.16M3.94M1.38M-3.45M-1.42M-1.2M2.67M
Change in Receivables-339K-3.99M878K-3.62M1.58M-294K-769K-175K-2.38M4.28M
Change in Inventory54K-124K-19K-199K-216K226K-287K-554K177K-309K
Change in Payables1.38M3.63M-2.98M1.25M3.26M-185K-6.51M-1.08M1.37M1.12M
Cash from Investing+-21.59M-24.1M-18.52M-26.34M-27.15M-994K-6.81M-67.8M-64.82M-21.02M
Capital Expenditures-19.26M-28.15M-11.25M-25.26M-20.71M-5.74M-13.51M-24M-40.38M-24.6M
CapEx % of Revenue0.13%0.21%0.08%0.15%0.11%0.04%0.07%0.09%0.14%0.08%
Acquisitions----------
Investments----------
Other Investing03.43M2.25M958K-162K2.52M1.28M830K315K3.58M
Cash from Financing+3.28M4.38M-3.98M8.37M-13.66M-13.13M-15.1M3.58M-9.26M-23.54M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0-862K-1.17M-1.17M-1.25M-1.29M-1.44M-1.78M-2.15M-2.3M
Share Repurchases----------
Other Financing-129K-841K-1.02M-1.86M-90K-31K-1.17M-463K-839K-290K
Net Change in Cash----------
Free Cash Flow+-2.9M-5.12M9.85M506K16.47M9.9M28.48M40.51M18.75M31.28M
FCF Margin %-0.02%-0.04%0.07%0%0.09%0.07%0.15%0.15%0.06%0.11%
FCF Growth %-2.13%-0.77%2.92%-0.95%31.54%-0.4%1.88%0.42%-0.54%0.67%
FCF per Share-0.28-0.501.010.051.711.083.164.322.013.38
FCF Conversion (FCF/Net Income)1.78x2.05x2.55x1.23x1.83x-2.48x1.38x1.40x2.02x18.56x
Interest Paid6.54M7.72M8.35M9.69M9.8M8.7M10.36M11.23M15.16M16.16M
Taxes Paid3.78M1.91M4.1M5.83M3.69M2.2M5.39M9.5M8.64M5.07M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)7.62%8.67%6.22%14.43%12.59%-3.94%18.3%21.87%11.18%1.11%
Return on Invested Capital (ROIC)8.05%7.11%7.32%8.09%9.06%0.68%9.59%14.42%7.84%2.7%
Gross Margin63.45%56.99%58.07%59.3%58.7%55.79%58.68%60.97%59.66%86.14%
Net Margin6.37%8.32%5.7%12.6%11.21%-4.77%15.54%17.2%9.95%1.02%
Debt / Equity0.74x0.81x0.92x0.91x0.85x1.12x0.85x1.00x0.99x1.05x
Interest Coverage3.00x2.61x2.64x2.85x3.40x0.28x3.86x5.98x3.23x1.13x
FCF Conversion1.78x2.05x2.55x1.23x1.83x-2.48x1.38x1.40x2.02x18.56x
Revenue Growth11.99%-6.78%7.44%14.39%9.24%-26.91%47.56%37.06%9.78%0.62%

Revenue by Segment

201520162018201920202021202220232024
Alcoholic Beverages------113.32M127.26M133.12M
Alcoholic Beverages Growth-------12.31%4.61%
Service-------103.58M98.45M
Service Growth---------4.95%
Food And Merchandise------44.29M43.91M44.61M
Food And Merchandise Growth--------0.88%1.59%
Other-2.23M-1.63M739K1.29M16.12M19.05M19.42M
Other Growth-----54.52%74.42%1150.74%18.13%1.96%
Nightclubs-113.94M-67.89M6.86M10.68M---
Nightclubs Growth-----89.90%55.67%---
Bombshells-18.69M--28K36K---
Bombshells Growth-----28.57%---
Bombshells I-10---162K-----
Bombshells I-10 Growth---------
Service Revenues--64.1M------
Service Revenues Growth---------
Night club123.28M--------
Night club Growth---------
Bomb Shells19.09M--------
Bomb Shells Growth---------
Others2.3M--------
Others Growth---------

Revenue by Geography

201520162018201920202021202220232024
Other-2.23M-1.63M739K1.29M1.44M1.32M1.16M
Other Growth-----54.52%74.42%12.02%-8.66%-11.90%

Frequently Asked Questions

Valuation & Price

RCI Hospitality Holdings, Inc. (RICK) has a price-to-earnings (P/E) ratio of 81.0x. This suggests investors expect higher future growth.

Growth & Financials

RCI Hospitality Holdings, Inc. (RICK) reported $281.7M in revenue for fiscal year 2024. This represents a 237% increase from $83.5M in 2011.

RCI Hospitality Holdings, Inc. (RICK) grew revenue by 0.6% over the past year. Growth has been modest.

Yes, RCI Hospitality Holdings, Inc. (RICK) is profitable, generating $16.6M in net income for fiscal year 2024 (1.0% net margin).

Dividend & Returns

Yes, RCI Hospitality Holdings, Inc. (RICK) pays a dividend with a yield of 0.93%. This makes it attractive for income-focused investors.

RCI Hospitality Holdings, Inc. (RICK) has a return on equity (ROE) of 1.1%. This is below average, suggesting room for improvement.

RCI Hospitality Holdings, Inc. (RICK) generated $42.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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