Item 19 disclosure rate: how many franchisors make a financial performance representation
Data notes · Corpus-level distributions computed from the same filings that power the brand directory.
Item 19 of the Franchise Disclosure Document is optional: a franchisor may make a financial performance representation or state that it does not. This note counts both outcomes across the corpus.
Filings in corpus
1,567
Filing makes an Item 19 representation
1,061 (67.7%)
— with a cohort eligible for headline presentation
736 (47.0%)
— with Item 19 present but no eligible cohort
325 (20.7%)
Filing makes no Item 19 representation
506 (32.3%)
Item 19 representation rate by filing year
Bars show the share of that year's filings that make an Item 19 representation.
| Filing year | Filings | Makes Item 19 rep. | |
|---|---|---|---|
| 2025 | 126 | 52.4% | |
| 2026 | 1,441 | 69.0% |
Source and method
Computed at build time from 1,567 franchise FDD filings (WI; filing dates 2025-08-22 to 2026-08-21). Field: card headline_status. Non-null disclosed values: n = 1,567 (100.0% of filings); filings where the field is blank (not disclosed or not verified) are excluded from distribution statistics. Percentiles use linear interpolation (exclusive method). No figure on this page is estimated or inferred; every underlying per-brand figure is transcribed from a cited FDD page and linked from the brand directory. A filing counts as making an Item 19 representation when its extraction status is "ok" or "no_eligible_cohort" (Item 19 present). "not_disclosed" means the filing states that no financial performance representation is made. Eligibility rules for headline presentation are defined in the methodology page.