Texas Roadhouse (TXRH) FY2024 results: revenue $5.4 billion, up 16.0% on the year
Texas Roadhouse, Inc. (TXRH) reported revenue of $5.4 billion for fiscal 2024, the year ended 31 December 2024, up 16.0% on the year before. Net income was $434 million, up 42.2%, and diluted earnings per share $6.47. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2025.
Revenue
$5.4 billion
+16.0% on the year
FY2017FY2024
Operating margin
9.6%
7.6% a year earlier
FY2017FY2024
Net income
$434 million
+42.2% on the year
FY2017FY2024
Diluted EPS
$6.47
+42.5% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
754
565
512
+33.4%
Capital expenditure
354
347
246
+2.1%
Free cash flow
399
218
266
+83.2%
Free cash flow margin
7.4%
4.7%
6.6%
Cash from investing
-337
-367
-264
Cash from financing
-276
-267
-410
Depreciation and amortisation
178
153
137
+16.3%
Share-based compensation
47.1
34.2
36.7
+37.5%
Buybacks
80.0
50.0
213
+60.0%
Dividends paid
163
147
124
+10.7%
Dividend per share
$2.44
$2.20
$1.84
+10.9%
Diluted shares, weighted
67m
67m
68m
-0.2%
Shares outstanding at period end
67m
67m
67m
-0.3%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,358
1,142
1,013
+19.0%
Non-controlling interest
15.4
15.8
15.0
-3.0%
Debt
0.0
0.0
50.0
Operating lease liabilities
826
743
678
+11.1%
Other liabilities
991
892
770
+11.0%
Total liabilities and equity
3,191
2,793
2,526
+14.2%
Fixed assets
1,618
1,475
1,270
+9.7%
Goodwill
170
170
149
0.0%
Intangible assets
1.3
3.5
5.6
-63.7%
Cash and equivalents
245
104
174
+135.2%
Receivables
193
175
150
+10.1%
Inventory
40.8
38.3
38.0
+6.4%
Other assets
923
827
739
+11.5%
Total assets
3,191
2,793
2,526
+14.2%
10-K for the year ended 31 December 2024, filed 28 February 2025: the filing.