Texas Roadhouse (TXRH) FY2022 results: revenue $4.0 billion, up 15.9% on the year
Texas Roadhouse, Inc. (TXRH) reported revenue of $4.0 billion for fiscal 2022, the year ended 27 December 2022, up 15.9% on the year before. Net income was $270 million, up 10.0%, and diluted earnings per share $3.97. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2023.
Revenue
$4.0 billion
+15.9% on the year
FY2015FY2022
Operating margin
8.0%
8.6% a year earlier
FY2015FY2022
Net income
$270 million
+10.0% on the year
FY2015FY2022
Diluted EPS
$3.97
+13.4% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
512
469
230
+9.2%
Capital expenditure
246
201
154
+22.6%
Free cash flow
266
268
76.0
-0.9%
Free cash flow margin
6.6%
7.7%
3.2%
Cash from investing
-264
-195
-161
Cash from financing
-410
-301
186
Depreciation and amortisation
137
127
118
+8.3%
Share-based compensation
36.7
38.1
29.4
-3.9%
Buybacks
213
51.6
12.6
+312.2%
Dividends paid
124
83.7
25.0
+48.4%
Dividend per share
$1.84
$1.20
$0.36
+53.3%
Diluted shares, weighted
68m
70m
70m
-3.1%
Shares outstanding at period end
67m
69m
70m
-3.5%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,013
1,058
928
-4.3%
Non-controlling interest
15.0
15.4
15.5
-2.2%
Debt
50.0
100
240
-50.0%
Operating lease liabilities
678
623
572
+8.8%
Other liabilities
770
716
570
+7.6%
Total liabilities and equity
2,526
2,512
2,325
+0.5%
Fixed assets
1,270
1,162
1,089
+9.3%
Goodwill
149
127
127
+17.1%
Intangible assets
5.6
1.5
2.3
+268.9%
Cash and equivalents
174
336
363
-48.2%
Receivables
150
161
98.4
-6.9%
Inventory
38.0
31.6
22.4
+20.3%
Other assets
739
692
623
+6.7%
Total assets
2,526
2,512
2,325
+0.5%
10-K for the year ended 27 December 2022, filed 24 February 2023: the filing.