Last 47 quarters of trend data · Consumer Cyclical · Restaurants
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
The Cheesecake Factory Incorporated's quarterly P/E stands at 20.8x, up 47.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 61.2% YoY to 22.9x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 25.14 | 20.84 | 20.70 | 13.97 | 18.98 | 14.12 | 16.79 | 8.76 | 13.58 | 33.66 | 19.32 | 10.16 | 15.40 |
| — | +47.6% | +23.3% | +59.5% | +39.8% | -58.1% | -13.1% | -13.8% | -11.8% | — | — | -27.4% | -30.7% | |
| P/S Ratio | 1.03 | 0.63 | 0.73 | 0.80 | 0.68 | 0.63 | 0.58 | 0.51 | 0.50 | 0.49 | 0.42 | 0.50 | 0.50 |
| — | -0.3% | +26.4% | +57.1% | +34.1% | +30.0% | +37.4% | +1.9% | +1.7% | +11.6% | -8.7% | +17.1% | -22.9% | |
| P/B Ratio | 8.55 | 5.54 | 6.25 | 7.64 | 7.39 | 5.24 | 5.06 | 4.93 | 5.41 | 5.35 | 4.35 | 5.32 | 5.73 |
| — | +5.7% | +23.4% | +54.9% | +36.6% | -2.1% | +16.2% | -7.3% | -5.6% | +0.7% | -2.8% | +35.1% | -0.3% | |
| P/FCF | 24.82 | 12.06 | 12.40 | 50.08 | 17.36 | 10.77 | 19.53 | — | 15.28 | 28.13 | 30.20 | 37.48 | 15.85 |
| — | +12.0% | -36.5% | — | +13.6% | -61.7% | -35.3% | — | -3.6% | +106.1% | — | +284.8% | -86.7% | |
| EV / EBITDA | 23.94 | 22.87 | 17.80 | 13.68 | 14.33 | 14.19 | 16.28 | 11.01 | 14.04 | 26.92 | 19.09 | 12.30 | 15.07 |
| — | +61.2% | +9.3% | +24.2% | +2.0% | -47.3% | -14.7% | -10.5% | -6.8% | -70.8% | -50.4% | -18.1% | -18.2% | |
| EV / EBIT | 37.88 | 42.02 | 30.52 | 19.26 | 34.78 | 20.96 | 28.50 | 15.58 | 22.32 | 20.03 | 39.01 | 18.10 | 22.94 |
| — | +100.5% | +7.1% | +23.6% | +55.9% | +4.7% | -26.9% | -13.9% | -2.7% | -35.5% | — | -30.9% | -26.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
The Cheesecake Factory Incorporated's operating margin was 3.5% in Q4 2025, down 0.7 pp QoQ and down 1.6 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 5.0% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 80.6% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 78.3% | 78.4% | 78.2% | 78.5% | 78.2% | 43.4% | 41.5% | 42.6% | 41.2% | 30.5% | 40.2% | 41.4% | 40.2% |
| — | +80.6% | +88.4% | +84.2% | +89.8% | +42.4% | +3.2% | +2.8% | +2.4% | -23.0% | +7.5% | +6.5% | +3.2% | |
| Operating Margin | 5.0% | 3.5% | 4.1% | 6.8% | 5.6% | 5.1% | 3.9% | 6.5% | 4.4% | 0.9% | 2.3% | 5.5% | 3.9% |
| — | -31.7% | +5.5% | +4.5% | +27.1% | +445.6% | +69.9% | +18.5% | +12.6% | +154.8% | +915.1% | +63.3% | +9.8% | |
| Net Margin | 4.0% | 3.0% | 3.5% | 5.7% | 3.6% | 4.5% | 3.5% | 5.8% | 3.7% | 1.4% | 2.2% | 4.9% | 3.2% |
| — | -33.0% | +1.5% | -1.1% | -4.6% | +209.1% | +60.3% | +17.7% | +15.0% | +491.4% | +806.6% | +59.9% | +11.0% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 33.7% | 6.7% | 7.7% | 14.8% | 8.4% | 9.8% | 7.8% | 14.8% | 10.2% | 4.0% | 5.5% | 13.6% | 9.5% |
| — | -31.9% | -0.8% | -0.3% | -17.5% | +147.2% | +40.5% | +8.9% | +7.7% | +469.9% | +891.8% | +90.6% | +40.3% | |
| ROA | 4.7% | 0.9% | 1.0% | 1.8% | 1.1% | 1.4% | 1.0% | 1.8% | 1.2% | 0.5% | 0.6% | 1.5% | 1.0% |
| — | -35.7% | -3.3% | -4.6% | -8.4% | +205.0% | +59.4% | +18.5% | +15.0% | +477.2% | +842.9% | +66.8% | +21.8% | |
| ROIC | 4.7% | 0.8% | 1.2% | 2.1% | 1.7% | 1.6% | 1.1% | 2.0% | 1.4% | 0.3% | 0.7% | 1.7% | 1.3% |
| — | -47.1% | +4.0% | +3.1% | +23.0% | +439.9% | +67.0% | +16.2% | +9.7% | +151.2% | +922.2% | +64.7% | +17.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The Cheesecake Factory Incorporated's Debt/EBITDA ratio is 55.9x, up from 33.1x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 24.9% YoY to 0.59x, strengthening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 7.93 | 7.93 | 5.03 | 5.24 | 6.19 | 4.30 | 4.76 | 5.03 | 5.60 | 5.85 | 5.79 | 5.65 | 6.09 |
| — | +84.4% | +5.6% | +4.2% | +10.6% | -26.4% | -17.6% | -11.0% | -8.1% | -7.2% | +2.3% | +13.0% | +19.4% | |
| Debt / EBITDA | 11.68 | 55.93 | 33.07 | 22.91 | 26.93 | 26.12 | 32.01 | 22.47 | 29.06 | 57.14 | 44.45 | 25.99 | 32.12 |
| — | +114.2% | +3.3% | +1.9% | -7.3% | -54.3% | -28.0% | -13.5% | -9.5% | -72.4% | -50.3% | -27.3% | -11.7% | |
| Current Ratio | 0.59 | 0.59 | 0.55 | 0.51 | 0.53 | 0.47 | 0.44 | 0.43 | 0.43 | 0.46 | 0.44 | 0.48 | 0.50 |
| — | +24.9% | +25.0% | +19.0% | +21.8% | +2.9% | -0.2% | -9.9% | -13.4% | -13.5% | -16.0% | -23.6% | -19.0% | |
| Quick Ratio | 0.52 | 0.52 | 0.47 | 0.42 | 0.43 | 0.38 | 0.33 | 0.32 | 0.33 | 0.37 | 0.35 | 0.38 | 0.41 |
| — | +36.5% | +40.6% | +31.9% | +29.1% | +2.7% | -3.8% | -15.7% | -18.0% | -16.7% | -18.0% | -29.8% | -24.7% | |
| Interest Coverage | 16.59 | 11.23 | 16.79 | 22.66 | 13.81 | 11.97 | 18.07 | 25.17 | 22.89 | 17.62 | 10.11 | 22.25 | 19.87 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Quick answers to the most common questions about buying CAKE stock.
The Cheesecake Factory Incorporated's current P/E is 25.1x. The average P/E over the last 4 quarters is 18.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
The Cheesecake Factory Incorporated's current operating margin is 5.0%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking The Cheesecake Factory Incorporated's business trajectory between earnings reports.