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TXRHTexas Roadhouse, Inc.
$166.12$10.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
TXRH logo

Texas Roadhouse, Inc.

TXRH
NASDAQ · Restaurants
$166.12
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$10.92B
P/E27.2x
52W High$216.30
Volume1.26M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Revenue Acceleration Masks Margin Volatility Risk

Texas Roadhouse demonstrates robust top-line momentum with revenue growth accelerating to 11.1% year-over-year in 2026Q2, yet earnings quality is undermined by significant gross margin swings (from 10.7% in 2025Q4 to 22.0% in 2026Q2) and a 0.5% EPS decline des...

GrowthAccelerating
ProfitabilityStable
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

TXRH price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

In Line

P/E is in line with peer median

03

Market leadership

RS 34 · Lag

Laggard (Underperforming 66% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 6
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 11.1% year-over-year in 2026Q2, but gross margin volatility (ranging from 10.7% to 22.0% over the past year) and a 0.5% EPS decline highlight earnings sustainability concerns.

Analyst Consensus+28.9% target
Hold(44 analysts)
19 Buy25 Hold0 Sell

The Bull Case

Upside Catalysts

Differentiated operating model

The company's unique operating model sets it apart from competitors, contributing to its strong performance.

Strong unit economics

Texas Roadhouse demonstrates robust unit economics, which supports profitability and growth.

Disciplined expansion

The company follows a disciplined approach to expansion, ensuring sustainable growth without overextending resources.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
TXRH-1.74%
S&P 500 (^GSPC)+13.20%
1-Year Return
TXRH+5.95%
S&P 500 (^GSPC)+15.98%
3-Year Return
TXRH+82.05%
S&P 500 (^GSPC)+83.31%
5-Year Return
TXRH+95.64%
S&P 500 (^GSPC)+73.79%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
27.0x
Forward P/EExpansion
25.0x
EV/EBITDA60th %ile
17.7x
FCF YieldCash Flow
3.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
27.0x
27.1x
40th· Fair
EV/EBITDA
17.7x
17.6x
60th· Fair
Price/FCF
31.7x
30.3x
60th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$15.57-90.6%
Base (Fair)$63.03-62.4%
Bull$104.89-36.9%
$15.57 Bear$63.03 Base$104.89 Bull
Current Market Price: $166.12
Trades at a 163.6% premium to Base DCF ($63.03)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$5.88B+9.4% YoY
Net income
$406M-6.5% YoY
Free cash flow
$342M-14.3% YoY
Operating margin
8.6%-1.1 pts YoY
ROIC (TTM)14.5%
Avg ROIC 5Y-
ROE (TTM)28.4%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate8/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
$1.85+1.1%
vs $1.83
$1.7B+0.4%
vs $1.7B
Q2 2026
May 7, 2026
$1.87+3.9%
vs $1.80
$1.6B-0.1%
vs $1.6B
Q1 2026
Feb 19, 2026
$1.28-16.3%
vs $1.53
$1.5B-0.9%
vs $1.5B
Q4 2025
Nov 6, 2025
$1.25-2.3%
vs $1.28
$1.4B+0.5%
vs $1.4B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Fool - Investing News·Sep 16, 2026
Breakfast News: Why Merck Should Buy Moderna

Forgent reports bumper quarter, Nvidia joins the AI safety debate, and more

Zacks Investment Research·Sep 15, 2026
Texas Roadhouse (TXRH) is an Incredible Growth Stock: 3 Reasons Why

Texas Roadhouse (TXRH) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Defense World·Sep 14, 2026
VIRGINIA RETIREMENT SYSTEMS ET Al Invests $850,000 in Texas Roadhouse, Inc. $TXRH

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Texas Roadhouse, Inc. (NASDAQ: TXRH) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,400 shares of the restaurant operator's stock, valued at approximately $850,000. Several other institutional investors have also

Zacks Investment Research·Sep 9, 2026
Down 12.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Texas Roadhouse (TXRH)

Texas Roadhouse (TXRH) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Filtered for Texas Roadhouse, Inc.More Headlines
04

Compare before deciding

Benchmark TXRH against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Texas Roadhouse, Inc. (TXRH)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TXRH logoTXRHTexas Roadhouse, Inc.Current
$166.12$10.92B27.239.39%6.9%28.41%1.63%
BLMN logoBLMNBloomin' Brands, Inc.
$8.55$732M135.500.14%0.7%7.28%—
DRI logoDRIDarden Restaurants, Inc.
$213.35$24.44B20.539.39%9.13%56.01%—
CAKE logoCAKEThe Cheesecake Factory Incorporated
$103.04$5.12B33.564.75%4.61%38.83%—
DENN logoDENNDenny's Corporation
$6.25$321.87M15.24-2.5%2.24%——
CBRL logoCBRLCracker Barrel Old Country Store, Inc.
$45.48$1.02B22.080.37%0.79%5.89%—

Compare TXRH vs Peers

Texas Roadhouse, Inc. (TXRH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BLMN

Most directly comparable listed peer for TXRH.

Scale Benchmark

vs MCD

Larger-name benchmark to compare TXRH against a more recognizable public peer.

Peer Set

Compare Top 5

vs BLMN, DRI, CAKE, DENN

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

TXRH SEC Filings & Documents

Texas Roadhouse, Inc. (TXRH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

May 22, 2026·SEC

Material company update

May 7, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 7, 2026·SEC

FY 2026

May 8, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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TXRH Frequently Asked Questions

Texas Roadhouse, Inc. (TXRH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Texas Roadhouse, Inc.'s revenue?

Texas Roadhouse, Inc. (TXRH) reported $6.23B in revenue for fiscal year 2025. This represents a 3797% increase from $159.9M in 2001.

How fast is Texas Roadhouse, Inc. growing?

Texas Roadhouse, Inc. (TXRH) grew revenue by 9.4% over the past year. This is steady growth.

Is TXRH profitable?

Yes, Texas Roadhouse, Inc. (TXRH) is profitable, generating $413.2M in net income for fiscal year 2025 (6.9% net margin).

Dividend & Returns
Does TXRH pay dividends?

Yes, Texas Roadhouse, Inc. (TXRH) pays a dividend with a yield of 1.63%. This makes it attractive for income-focused investors.

What is TXRH's return on equity?

Texas Roadhouse, Inc. (TXRH) has a return on equity (ROE) of 28.4%. This is excellent, indicating efficient use of shareholder capital.

What is Texas Roadhouse, Inc.'s free cash flow?

Texas Roadhouse, Inc. (TXRH) generated $406.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in TXRH back in 2001?

Total return calculator · dividends reinvested · 25+ years of data

See returns →