Texas Roadhouse (TXRH) FY2021 results: revenue $3.5 billion, up 44.4% on the year
Texas Roadhouse, Inc. (TXRH) reported revenue of $3.5 billion for fiscal 2021, the year ended 28 December 2021, up 44.4% on the year before. Net income was $245 million, up 684.8%, and diluted earnings per share $3.50. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$3.5 billion
+44.4% on the year
FY2014FY2021
Operating margin
8.6%
1.0% a year earlier
FY2014FY2021
Net income
$245 million
+684.8% on the year
FY2014FY2021
Diluted EPS
$3.50
+677.8% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. 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.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
469
230
374
+103.4%
Capital expenditure
201
154
214
+30.0%
Free cash flow
268
76.0
160
+252.6%
Free cash flow margin
7.7%
3.2%
5.8%
Cash from investing
-195
-161
-215
Cash from financing
-301
186
-262
Depreciation and amortisation
127
118
116
+7.5%
Share-based compensation
38.1
29.4
35.5
+29.6%
Buybacks
51.6
12.6
140
+309.1%
Dividends paid
83.7
25.0
102
+234.8%
Dividend per share
$1.20
$0.36
$1.20
+233.3%
Diluted shares, weighted
70m
70m
71m
+0.3%
Shares outstanding at period end
69m
70m
69m
-0.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,058
928
916
+14.1%
Non-controlling interest
15.4
15.5
15.2
-1.2%
Debt
100
240
0.0
-58.3%
Operating lease liabilities
623
572
539
+8.9%
Other liabilities
716
570
514
+25.6%
Total liabilities and equity
2,512
2,325
1,984
+8.0%
Fixed assets
1,162
1,089
1,057
+6.8%
Goodwill
127
127
125
0.0%
Intangible assets
1.5
2.3
1.2
-33.1%
Cash and equivalents
336
363
108
-7.6%
Receivables
161
98.4
99.3
+64.0%
Inventory
31.6
22.4
20.3
+41.3%
Other assets
692
623
574
+11.1%
Total assets
2,512
2,325
1,984
+8.0%
10-K for the year ended 28 December 2021, filed 25 February 2022: the filing.