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Stock research / United States / TXRH · Retail-Eating Places · Nasdaq

Texas Roadhouse, Inc. (TXRH)

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Texas Roadhouse, Inc. (TXRH) reported revenue of $1.7 billion for Q2 FY2026, the quarter ended 30 June 2026, up 11.1% on the same quarter a year earlier. Net income was $122 million, down 1.7% on the year, and diluted earnings per share $1.85. The figures are the company's own, from the 10-Q it filed with the SEC on 7 August 2026.

Revenue$1.7 billionup 11.1%
Net income$122 milliondown 1.7%
Diluted EPS$1.85
QuarterQ2 FY2026ended 30 June 2026

Texas Roadhouse (TXRH) in brief

Texas Roadhouse (TXRH) reported revenue of $5.9 billion for fiscal 2025, the year ended 30 December 2025, up 9.4% on the year before.
Read moreNet income was $406 million and diluted earnings per share $6.10. Revenue was $5.4 billion in fiscal 2024, $4.6 billion in fiscal 2023, $4.0 billion in fiscal 2022 and $3.5 billion in fiscal 2021. Net income in the same years was $434 million, $305 million, $270 million and $245 million. Over the twelve months to 30 June 2026, Texas Roadhouse reported revenue of $6.2 billion and net income of $413 million. Revenue grew 19.6% a year, compounded, over the five years to fiscal 2025. Texas Roadhouse declared $2.72 a share in dividends over the last four quarters and had 66 million shares outstanding at the latest filed count. At 30 June 2026 it carried $50 million of debt and $202 million of cash. At the close of 8 October 2026 the market cap of Texas Roadhouse was $10.7 billion, 26.0 times its earnings over the last twelve months.

Ratios

From the filings

ROE26.5%
ROCE30.0%
Operating margin7.7%
Net margin6.6%
FCF margin6.5%
Interest covern/a
Debt to equity0.03
Cash conversion1.94
Share count, 1 year-1.3%
Sales CAGR, 3 years13.5%
Profit CAGR, 3 years14.5%
EPS, TTM$6.25

At the close of 8 October 2026

Price$162.76
Market cap$10.7 billion
Stock P/E26.04
Price to book6.85
EV / EBITDA14.92
Dividend yield1.7%
Market cap / sales1.71
52-week high$214.28
52-week low$155.88
Price, 1 year-1.9%
Price CAGR, 3 years19.2%
Price CAGR, 5 years11.9%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on long-term debt as Texas Roadhouse, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
TXRHgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on TXRH

Filings16 in twelve months: 9 current reports (8-K), about 5 officer or director change; 4 results of operations; 4 other events; 2 regulation fd disclosure; 1 shareholder vote
Planned insider sales21 Form 144 notices in twelve months, $9.9 million; latest 26 August 2026
Options tapeput/call 0.34 by open interest at the 8 October 2026 close; the straddle prices a 3.5% move to 16 October 2026
13F holders9 of the followed funds hold it; largest FMR LLC; 6 Schedule 13D or 13G filings in twelve months
Insider trading21 sales and 0 purchases on Form 4 in twelve months
Congress2 House trades disclosed in six months
Short interest1.9 million shares short, 1.98 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue1,1221,1641,3211,3411,2731,4381,4481,5121,4361,4821,6331,680
Cost of revenue9529811,0861,0911,063n/an/an/an/an/an/an/a
Gross profit169184236250210n/an/an/an/an/an/an/a
Gross margin15%16%18%19%16%n/an/an/an/an/an/an/a
Operating income73.983.813314310213913514696.996.7146143
Operating margin7%7%10%11%8%10%9%10%7%7%9%8%
Pre-tax income74.584.213514510414113614997.798.0147144
Tax rate12%11%14%15%17%16%15%15%13%12%14%14%
Net income63.872.411312084.411611412483.284.6123122
Net margin6%6%9%9%7%8%8%8%6%6%8%7%
Diluted EPS$0.95$1.08$1.69$1.79$1.26$1.73$1.70$1.86$1.25$1.28$1.87$1.85
Operating cash flow103174243134139238238128144220259180
Capital expenditure89.310377.777.891.110877.492.512989.280.298.7
Free cash flow13.271.116656.147.713016035.714.713117981.5
Buybacks12.14.98.926.29.635.350.210.340.050.028.243.6
Dividends paid36.736.840.840.740.740.745.245.145.144.949.449.3
Shares outstanding67m67m67m67m67m67m66m66m66m66m66m66m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue1,5821,8071,9912,2202,4572,7562,3983,4644,0154,6325,3735,8786,232
Cost of revenuen/an/an/an/an/a2,2602,1152,8573,3613,897n/an/an/a
Gross profitn/an/an/an/an/a496284607654735n/an/an/a
Gross marginn/an/an/an/an/a18.0%11.8%17.5%16.3%15.9%n/an/an/a
Operating income13014517218618821223.8297320354517475483
Operating margin8.2%8.0%8.6%8.4%7.6%7.7%1.0%8.6%8.0%7.6%9.6%8.1%7.7%
Interest expense2.12.01.31.6n/an/an/an/an/an/an/an/an/a
Pre-tax income13014417218618921419.3293321358524481487
Income tax39.043.051.248.624.332.4-15.739.643.744.680.166.464.6
Effective tax rate30.0%29.8%29.8%26.1%12.9%15.1%-81.4%13.5%13.6%12.5%15.3%13.8%13.3%
Net income87.096.911613215817431.3245270305434406413
Net margin5.5%5.4%5.8%5.9%6.4%6.3%1.3%7.1%6.7%6.6%8.1%6.9%6.6%
Diluted EPS$1.23$1.37$1.63$1.84$2.20$2.46$0.45$3.50$3.97$4.54$6.47$6.10$6.25
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Restaurant and other sales4,6055,3425,84799.0%
Royalties and franchise fees27.131.530.80.5%
Franchise royalties24.228.328.20.5%
Franchise fees2.93.12.70.0%
Restaurant and other salesRoyalties and franchise feesFranchise royaltiesFranchise fees
4,659FY20235,405FY20245,909FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow192228257286353374230469512565754730803
Capital expenditure125173165162156214154201246347354388397
Free cash flow66.354.592.312519716076.0268266218399342406
Free cash flow margin4.2%3.0%4.6%5.6%8.0%5.8%3.2%7.7%6.6%4.7%7.4%5.8%6.5%
Cash from investingn/a-173-165-178-158-215-161-195-264-367-337-483-465
Cash from financingn/a-81.5-38.7-70.2-136-262186-301-410-267-276-358-312
Depreciation and amortisation59.269.783.093.5101116118127137153178207222
Share-based compensation14.922.826.126.934.035.529.438.136.734.247.147.851.4
Buybacks42.711.44.1n/an/a14012.651.621350.080.0150162
Dividends paid31.346.252.158.268.510225.083.7124147163180189
Dividend per share$0.60$0.68$0.76$0.84$1.00$1.20$0.36$1.20$1.84$2.20$2.44$2.72n/a
Diluted shares, weighted71m71m71m72m72m71m70m70m68m67m67m67m66m
Shares outstanding at period end70m70m71m71m72m69m70m69m67m67m67m66m66m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity6086707508399469169281,0581,0131,1421,3581,4611,559
Non-controlling interest7.17.58.012.315.115.215.515.415.015.815.420.921.2
Debt50.825.752.452.02.1n/a19010050.00.00.00.050.0
Operating lease liabilitiesn/an/an/an/an/a5395726236787438269431,005
Other liabilities2773303694275065146207167708929911,1251,038
Total liabilities and equity9431,0331,1801,3311,4691,9842,3252,5122,5262,7933,1913,5493,672
Owned
Fixed assets6507518309129571,0571,0891,1621,2701,4751,6181,8041,887
Goodwill117117117121123125127127149170170242275
Intangible assets6.24.83.62.72.01.22.31.55.63.51.317.726.5
Cash and equivalents86.159.3113151210108363336174104245135202
Receivables34.045.456.176.592.199.398.416115017519321574.1
Inventory14.315.616.116.318.820.322.431.638.038.340.845.649.7
Other assets36.339.644.651.066.45746236927398279231,0911,158
Total assets9431,0331,1801,3311,4691,9842,3252,5122,5262,7933,1913,5493,672
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded12.5%19.6%13.5%9.9%
Profit growth, compounded15.4%67.0%14.5%-5.7%
Return on equity, average20.6%27.2%28.8%27.8%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Restaurants, Hotels, Motels

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McDonald's Corp. MCD$167.6 billion19.24n/a46.2%6.3%n/a3.0%
Chipotle Mexican Grill Inc. CMG$41.4 billion29.9864.5%14.7%7.3%0.00n/a
Yum! Brands, Inc. YUM$39.0 billion17.99n/a31.0%10.3%n/a2.0%
Darden Restaurants Inc. DRI$22.7 billion19.6057.2%11.7%8.1%0.793.0%
Hyatt Hotels Corp. H$15.4 billion194.432.4%n/a5.8%1.110.4%
Aramark ARMK$14.6 billion38.8411.3%4.4%11.0%1.800.8%
Texas Roadhouse, Inc. TXRH$10.7 billion26.0426.5%7.7%9.9%0.031.7%
Brinker International, Inc. EAT$8.0 billion17.47109.8%10.7%7.9%0.950.6%
Wynn Resorts Ltd. WYNN$7.8 billion18.68n/a15.7%6.4%n/a1.3%
MGM Resorts International MGM$7.6 billion18.1916.9%5.7%3.2%2.410.0%
Cava Group, Inc. CAVA$6.3 billion98.757.9%5.2%26.8%0.00n/a
Wingstop Inc. WING$3.2 billion28.15n/a27.9%7.6%n/a1.0%
All 24 in Restaurants, Hotels, Motels
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McDonald's Corp. MCD$167.6 billion19.24n/a46.2%6.3%n/a3.0%
Starbucks Corp. SBUX$106.3 billion53.57n/a7.8%4.5%n/a2.7%
Marriott International Inc. MAR$94.2 billion37.42n/a15.8%4.7%n/a0.7%
Hilton Worldwide Holdings Inc. HLT$73.0 billion47.47n/a23.3%8.7%n/a0.2%
Chipotle Mexican Grill Inc. CMG$41.4 billion29.9864.5%14.7%7.3%0.00n/a
Yum! Brands, Inc. YUM$39.0 billion17.99n/a31.0%10.3%n/a2.0%
InterContinental Hotels Group PLC IHG *$24.2 billion32.78n/a23.1%5.4%n/a1.1%
Las Vegas Sands Corp. LVS$23.4 billion14.05297.2%21.5%18.1%23.572.8%
Darden Restaurants Inc. DRI$22.7 billion19.6057.2%11.7%8.1%0.793.0%
Hyatt Hotels Corp. H$15.4 billion194.432.4%n/a5.8%1.110.4%
Aramark ARMK$14.6 billion38.8411.3%4.4%11.0%1.800.8%
Texas Roadhouse, Inc. TXRH$10.7 billion26.0426.5%7.7%9.9%0.031.7%
Brinker International, Inc. EAT$8.0 billion17.47109.8%10.7%7.9%0.950.6%
Wynn Resorts Ltd. WYNN$7.8 billion18.68n/a15.7%6.4%n/a1.3%
MGM Resorts International MGM$7.6 billion18.1916.9%5.7%3.2%2.410.0%
Cava Group, Inc. CAVA$6.3 billion98.757.9%5.2%26.8%0.00n/a
Dutch Bros Inc. BROS$6.1 billion55.2511.6%9.6%29.6%0.25n/a
Wyndham Hotels & Resorts, Inc. WH$5.4 billion26.9743.3%30.2%-2.1%5.532.2%
Boyd Gaming Corp. BYD$5.1 billion3.0872.7%16.4%1.7%1.051.0%
Choice Hotels International Inc. CHH$4.7 billion14.81230.9%25.2%2.6%14.081.1%
Travel & Leisure Co. TNL$3.8 billion17.11n/a13.7%4.5%n/a3.7%
Wingstop Inc. WING$3.2 billion28.15n/a27.9%7.6%n/a1.0%
Park Hotels & Resorts Inc. PK$3.1 billionn/a-5.3%2.0%-1.4%1.276.6%
Hilton Grand Vacations Inc. HGV$2.7 billion19.5313.7%9.9%5.4%4.42n/a
8 companies share its SEC industry code (Retail-Eating Places); the rest are the names nearest in size in its wider industry, Restaurants, Hotels, Motels, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20267 August 2026EDGAR
10-Q31 March 20268 May 2026EDGAR
10-K30 December 202527 February 2026EDGAR
10-Q30 September 20257 November 2025EDGAR
10-Q1 July 20258 August 2025EDGAR
10-Q1 April 20259 May 2025EDGAR
10-K31 December 202428 February 2025EDGAR
10-Q24 September 20241 November 2024EDGAR
10-Q25 June 20242 August 2024EDGAR
10-Q26 March 20243 May 2024EDGAR

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