Texas Roadhouse (TXRH)

Nasdaq Consumer Discretionary Restaurants S&P MidCap 400

$183.88

-7.91 (-4.12%)

Close of Nov 06, 2026 · end-of-day data

Source: Texas Roadhouse's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.99B	$2.22B	$2.46B	$2.76B	$2.40B	$3.46B	$4.01B	$4.63B	$5.37B	$5.88B
Cost of revenue	—	—	—	$2.26B	$2.11B	$2.86B	$3.36B	$3.90B	—	—
Gross profit	—	—	—	$496.21M	$283.59M	$606.50M	$653.63M	$735.08M	—	—
Operating income	$171.90M	$186.21M	$187.79M	$212.02M	$23.84M	$297.19M	$320.20M	$353.99M	$516.52M	$474.74M
Interest expense	$1.25M	$1.58M	—	—	—	—	—	—	—	—
Pre-tax income	$171.76M	$186.12M	$188.55M	$213.91M	$19.25M	$292.89M	$321.31M	$358.32M	$524.49M	$480.76M
Income tax	$51.18M	$48.58M	$24.26M	$32.40M	-$15.67M	$39.58M	$43.72M	$44.65M	$80.14M	$66.42M
Net income	$115.60M	$131.53M	$158.22M	$174.45M	$31.25M	$245.29M	$269.82M	$304.88M	$433.59M	$405.55M
EBITDA	$254.86M	$279.70M	$289.00M	$327.57M	$141.72M	$423.95M	$457.43M	$507.19M	$694.68M	$681.38M
EPS (basic)	$1.64	$1.85	$2.21	$2.47	$0.45	$3.52	$3.99	$4.56	$6.50	$6.11
EPS (diluted)	$1.63	$1.84	$2.20	$2.46	$0.45	$3.50	$3.97	$4.54	$6.47	$6.10
Diluted shares	71.05M	71.53M	71.96M	70.92M	69.89M	70.10M	67.92M	67.15M	67.01M	66.51M
Gross margin	—	—	—	18.0%	11.8%	17.5%	16.3%	15.9%	—	—
Operating margin	8.6%	8.4%	7.6%	7.7%	1.0%	8.6%	8.0%	7.6%	9.6%	8.1%
Net margin	5.8%	5.9%	6.4%	6.3%	1.3%	7.1%	6.7%	6.6%	8.1%	6.9%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$112.94M	$150.92M	$210.12M	$107.88M	$363.15M	$335.64M	$173.86M	$104.25M	$245.22M	$134.71M
Receivables	$56.13M	$76.50M	$92.11M	$99.31M	$98.42M	$161.36M	$150.26M	$175.47M	$193.17M	$214.51M
Inventory	$16.09M	$16.31M	$18.83M	$20.27M	$22.36M	$31.59M	$38.02M	$38.32M	$40.76M	$45.56M
Total current assets	$200.26M	$257.08M	$345.02M	$247.90M	$510.65M	$563.52M	$396.84M	$356.47M	$516.57M	$451.48M
Goodwill	$116.57M	$121.04M	$123.22M	$124.75M	$127.00M	$127.00M	$148.73M	$169.68M	$169.68M	$242.22M
Total assets	$1.18B	$1.33B	$1.47B	$1.98B	$2.33B	$2.51B	$2.53B	$2.79B	$3.19B	$3.55B
Total current liabilities	$279.53M	$330.00M	$385.14M	$417.22M	$506.32M	$602.14M	$652.01M	$745.43M	$828.13M	$908.84M
Short-term debt	$167.00K	$9.00K	—	—	$50.00M	—	—	—	—	—
Long-term debt	$52.38M	$51.98M	$2.08M	—	$190.00M	$100.00M	$50.00M	$0	—	$0
Total debt	$52.55M	$51.99M	$2.08M	—	$240.00M	$100.00M	$50.00M	$0	—	$0
Total liabilities	$421.73M	$479.23M	$508.57M	$1.05B	$1.38B	$1.44B	$1.50B	$1.64B	$1.82B	$2.07B
Shareholders' equity	$750.23M	$839.08M	$945.57M	$915.99M	$927.50M	$1.06B	$1.01B	$1.14B	$1.36B	$1.46B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$257.06M	$286.37M	$352.87M	$374.30M	$230.44M	$468.83M	$511.73M	$564.98M	$753.63M	$730.07M
Capital expenditures	$164.74M	$161.63M	$155.98M	$214.34M	$154.40M	$200.69M	$246.12M	$347.03M	$354.34M	$388.00M
Free cash flow	$92.33M	$124.75M	$196.89M	$159.96M	$76.04M	$268.13M	$265.60M	$217.95M	$399.29M	$342.07M
Investing cash flow	-$164.74M	-$178.16M	-$158.15M	-$214.82M	-$161.10M	-$195.10M	-$263.73M	-$367.17M	-$336.90M	-$482.81M
Financing cash flow	-$38.72M	-$70.24M	-$135.52M	-$261.72M	$185.94M	-$301.23M	-$409.77M	-$267.43M	-$275.75M	-$357.77M
Dividends paid	$52.05M	$58.15M	$68.55M	$102.37M	$24.99M	$83.66M	$124.14M	$147.18M	$162.86M	$180.26M
Share buybacks	$4.11M	—	—	$139.85M	$12.62M	$51.63M	$212.86M	$49.99M	$80.00M	$150.44M
Stock-based compensation	$26.07M	$26.93M	$33.98M	$35.50M	$29.43M	$38.14M	$36.66M	$34.23M	$47.05M	$47.77M
Depreciation & amortization	$82.96M	$93.50M	$101.22M	$115.54M	$117.88M	$126.76M	$137.24M	$153.20M	$178.16M	$206.64M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Apr 2025	Jul 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$1.16B	$1.32B	$1.34B	$1.27B	$1.44B	$1.45B	$1.51B	$1.44B	$1.48B	$1.63B	$1.68B	$1.57B
Cost of revenue	$980.67M	$1.09B	$1.09B	$1.06B	—	—	—	—	—	—	—	—
Gross profit	$183.69M	$235.51M	$250.17M	$209.79M	—	—	—	—	—	—	—	—
Operating income	$83.77M	$133.13M	$142.82M	$102.02M	$138.55M	$134.73M	$146.34M	$96.95M	$96.72M	$146.34M	$142.79M	$102.99M
Pre-tax income	$84.20M	$134.79M	$144.78M	$104.17M	$140.74M	$136.26M	$148.81M	$97.71M	$97.97M	$147.03M	$143.99M	$103.93M
Income tax	$9.18M	$18.80M	$21.71M	$17.40M	$22.23M	$20.20M	$22.12M	$12.81M	$11.29M	$21.04M	$19.48M	$12.68M
Net income	$72.43M	$113.21M	$120.14M	$84.41M	$115.83M	$113.66M	$124.08M	$83.17M	$84.64M	$123.43M	$121.93M	$89.36M
EBITDA	$124.21M	$174.62M	$185.73M	$146.53M	$187.79M	$183.53M	$197.09M	$149.58M	$151.19M	$203.18M	$201.13M	$163.31M
EPS (basic)	$1.09	$1.69	$1.80	$1.27	$1.74	$1.71	$1.87	$1.25	$1.27	$1.87	$1.86	$1.36
EPS (diluted)	$1.08	$1.69	$1.79	$1.26	$1.73	$1.70	$1.86	$1.25	$1.28	$1.87	$1.85	$1.36
Diluted shares	-30.00K	67.11M	67.04M	66.94M	-12.00K	66.71M	66.60M	66.48M	-53.00K	66.12M	65.92M	65.78M
Gross margin	15.8%	17.8%	18.7%	16.5%	—	—	—	—	—	—	—	—
Operating margin	7.2%	10.1%	10.6%	8.0%	9.6%	9.3%	9.7%	6.7%	6.5%	9.0%	8.5%	6.5%
Net margin	6.2%	8.6%	9.0%	6.6%	8.1%	7.9%	8.2%	5.8%	5.7%	7.6%	7.3%	5.7%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Apr 2025	Jul 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$104.25M	$213.43M	$197.45M	$189.21M	$245.22M	$221.09M	$176.80M	$108.17M	$134.71M	$214.56M	$202.43M	$141.41M
Receivables	$175.47M	$53.91M	$68.60M	$52.34M	$193.17M	$50.85M	$65.01M	$61.12M	$214.51M	$53.78M	$74.14M	$57.41M
Inventory	$38.32M	$38.38M	$41.20M	$39.84M	$40.76M	$43.94M	$45.73M	$45.48M	$45.56M	$46.04M	$49.69M	$49.21M
Total current assets	$356.47M	$344.39M	$333.29M	$307.40M	$516.57M	$353.32M	$324.43M	$249.37M	$451.48M	$362.42M	$361.90M	$283.85M
Goodwill	$169.68M	$169.68M	$169.68M	$169.68M	$169.68M	$218.92M	$229.94M	$230.31M	$242.22M	$275.04M	$275.04M	$275.04M
Total assets	$2.79B	$2.83B	$2.86B	$2.91B	$3.19B	$3.19B	$3.26B	$3.27B	$3.55B	$3.57B	$3.67B	$3.69B
Total current liabilities	$745.43M	$686.43M	$644.33M	$627.56M	$828.13M	$751.97M	$713.51M	$688.83M	$908.84M	$788.84M	$790.79M	$744.10M
Long-term debt	$0	—	—	—	—	—	—	—	$0	$50.00M	$50.00M	$50.00M
Total debt	$0	—	—	—	—	—	—	—	$0	$50.00M	$50.00M	$50.00M
Total liabilities	$1.64B	$1.61B	$1.58B	$1.59B	$1.82B	$1.80B	$1.79B	$1.79B	$2.07B	$2.04B	$2.09B	$2.08B
Shareholders' equity	$1.14B	$1.21B	$1.26B	$1.31B	$1.36B	$1.38B	$1.45B	$1.46B	$1.46B	$1.52B	$1.56B	$1.59B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Apr 2025	Jul 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$174.25M	$243.44M	$133.91M	$138.74M	$237.54M	$237.74M	$128.24M	$143.62M	$220.47M	$259.08M	$180.15M	$146.66M
Capital expenditures	$103.14M	$77.67M	$77.81M	$91.06M	$107.80M	$77.39M	$92.52M	$128.90M	$89.19M	$80.17M	$98.68M	$135.56M
Free cash flow	$71.11M	$165.77M	$56.10M	$47.68M	$129.74M	$160.35M	$35.72M	$14.73M	$131.28M	$178.91M	$81.47M	$11.10M
Investing cash flow	-$93.65M	-$74.69M	-$71.46M	-$91.06M	-$99.69M	-$155.56M	-$103.97M	-$124.67M	-$98.61M	-$146.75M	-$95.23M	-$133.08M
Financing cash flow	-$45.67M	-$59.56M	-$78.42M	-$55.93M	-$81.83M	-$106.32M	-$68.55M	-$87.58M	-$95.32M	-$32.48M	-$97.05M	-$74.60M
Dividends paid	$36.75M	$40.79M	$40.72M	$40.70M	$40.66M	$45.17M	$45.12M	$45.08M	$44.90M	$49.41M	$49.26M	$49.22M
Share buybacks	$4.80M	$8.94M	$26.20M	$9.60M	$35.31M	$50.15M	$10.26M	$40.00M	$50.02M	$28.20M	$43.65M	$12.36M
Stock-based compensation	$8.96M	$9.52M	$8.86M	$14.78M	$13.90M	$12.55M	$10.70M	$12.58M	$11.94M	$13.46M	$13.45M	$14.19M
Depreciation & amortization	$40.44M	$41.49M	$42.91M	$44.51M	$49.24M	$48.80M	$50.74M	$52.63M	$54.47M	$56.84M	$58.34M	$60.32M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.