J D Wetherspoon plc (JDW.L)
Stepping into a carpets-galore, reasonably priced pint palace known simply across the UK as 'Spoons'.
Is J D Wetherspoon plc a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: household brand name with immense recognition across British high streets. Worth weighing: very thin profit margins leave little room for error. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has J D Wetherspoon plc actually fallen?
Over the last 2 years of daily prices, J D Wetherspoon plc fell as much as −31% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.
Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
the pub chain consolidates its market share as weaker independent rivals close down
shifting drinking habits among younger generations hit long-term pub attendance
What does J D Wetherspoon plc do?
Serving up cheap breakfasts, endless coffee refills, and budget-friendly rounds across hundreds of converted pubs nationwide. Money rolls in through the tills from food and drink sales, keeping prices low by buying in massive quantities and steering clear of loud music or slot machines. Keeping an eye on rising wage bills and energy costs is vital, as these can quickly eat into the modest slice of profit left over from a cheap pint.
On our factor screen it looks strongest on momentum and income, and weakest on quality.
- ✓Pays a dividend - about 1.5% a year
- ✓Growing - revenue up about 6% over the year
- !Thin profits - turns only about 3% of sales into profit
- !Carries a lot of debt - roughly 3.7x its equity
- ✓Strong return on shareholder money (ROE 15%)
- Momentum screens high (77/100)
- household brand name with immense recognition across British high streets
- massive purchasing power keeps ingredient and drink costs low
- loyal customer base seeking value for money
- Quality screens low (26/100)
- government changes to alcohol duty and business rates
- sustained high inflation eroding customer disposable income
- ongoing wage pressures in the hospitality sector
What do J D Wetherspoon plc's numbers mean?
Does J D Wetherspoon plc pay a dividend?
Yes - J D Wetherspoon plc currently pays a dividend of about 1.5% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
What do the numbers say about J D Wetherspoon plc's dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
When does J D Wetherspoon plc report earnings, and how did recent quarters go?
J D Wetherspoon plc is next scheduled to report on about 2026-10-02 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2012-03-08 | £0.34 | £0.07 | Missed -79% |
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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Casey's General Stores, Inc.What are the scenarios for J D Wetherspoon plc?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of J D Wetherspoon plc?
How many points the write-up makes each way — a balance check, not a score or verdict.
- household brand name with immense recognition across British high streets
- massive purchasing power keeps ingredient and drink costs low
- loyal customer base seeking value for money
- very thin profit margins leave little room for error
- recent earnings showed a notable decline
- high exposure to rising staff and energy costs
- government changes to alcohol duty and business rates
- sustained high inflation eroding customer disposable income
- ongoing wage pressures in the hospitality sector
The write-up's own warning lights — if these start happening, the case above changes.
- a prolonged drop in customer footfall across the pub estate
- inability to pass rising costs onto customers through menu prices
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.