Texas Roadhouse, Inc. (TXRH) Financial Ratios
25 years of historical data (2001–2025) · Consumer Cyclical · Restaurants
EV/EBITDA
↑
18.94
+11% vs avg
5yr avg: 17.02
30Y Low7.0·High42.2
P/FCF
↑
34.16
+15% vs avg
5yr avg: 29.66
30Y Low11.5·High72.6
P/B Ratio
↑
7.98
+12% vs avg
5yr avg: 7.11
30Y Low1.6·High9.2
ROE
↑
28.4%
↓+1% vs avg
5yr avg: 28.1%
30Y Low3%·High71%
Debt/EBITDA
↑
2.66
↑+51% vs avg
5yr avg: 1.76
30Y Low0.0·High5.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
TXRH Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Texas Roadhouse, Inc. trades at 29.1x earnings, 11% above its 5-year average of 26.4x, sitting at the 77th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a premium of 38%. On a free-cash-flow basis, the stock trades at 34.2x P/FCF, 15% above the 5-year average of 29.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $11.7B | $11.1B | $12.1B | $8.3B | $6.4B | $6.3B | $5.5B | $4.0B | $4.3B | $3.8B | $3.4B |
| Enterprise Value | $13.4B | $12.9B | $12.7B | $8.9B | $7.0B | $6.7B | $6.0B | $4.4B | $4.1B | $3.7B | $3.4B |
| P/E Ratio → | 29.14 | 27.44 | 27.89 | 27.13 | 23.72 | 25.61 | 175.47 | 22.89 | 27.14 | 28.63 | 29.60 |
| P/S Ratio | 1.99 | 1.89 | 2.25 | 1.79 | 1.59 | 1.81 | 2.30 | 1.45 | 1.75 | 1.70 | 1.72 |
| P/B Ratio | 7.98 | 7.51 | 8.80 | 7.14 | 6.22 | 5.85 | 5.85 | 4.29 | 4.47 | 4.43 | 4.52 |
| P/FCF | 34.16 | 32.55 | 30.28 | 37.94 | 24.08 | 23.43 | 72.58 | 24.97 | 21.82 | 30.21 | 37.12 |
| P/OCF | 16.00 | 15.25 | 16.04 | 14.64 | 12.50 | 13.40 | 23.95 | 10.67 | 12.18 | 13.16 | 13.33 |
P/E links to full P/E history page with 30-year chart
TXRH EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Texas Roadhouse, Inc.'s enterprise value stands at 18.9x EBITDA, 11% above its 5-year average of 17.0x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 56% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.19 | 2.36 | 1.93 | 1.74 | 1.93 | 2.50 | 1.61 | 1.66 | 1.65 | 1.69 |
| EV / EBITDA | 18.94 | 18.17 | 18.28 | 17.62 | 15.25 | 15.78 | 42.25 | 13.56 | 14.15 | 13.12 | 13.21 |
| EV / EBIT | 26.73 | 26.80 | 24.53 | 25.23 | 21.68 | 22.46 | 256.47 | 21.04 | 21.74 | 19.64 | 19.57 |
| EV / FCF | — | 37.67 | 31.81 | 41.00 | 26.26 | 24.96 | 78.74 | 27.77 | 20.76 | 29.41 | 36.47 |
TXRH Profitability
Margins and return-on-capital ratios measuring operating efficiency
Texas Roadhouse, Inc. earns an operating margin of 8.6%, above the Consumer Cyclical sector average of 2.0%. ROE of 28.4% indicates solid capital efficiency, compared to the sector median of 5.3%. ROIC of 14.5% represents solid returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 12.4% | 12.4% | 17.6% | 15.9% | 16.3% | 17.5% | 11.8% | 18.0% | 18.1% | 19.1% | 19.4% |
| Operating Margin | 8.6% | 8.6% | 9.6% | 7.6% | 8.0% | 8.6% | 1.0% | 7.7% | 7.6% | 8.4% | 8.6% |
| Net Profit Margin | 6.9% | 6.9% | 8.1% | 6.6% | 6.7% | 7.1% | 1.3% | 6.3% | 6.4% | 5.9% | 5.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 28.4% | 28.4% | 34.3% | 27.9% | 25.7% | 24.3% | 3.3% | 18.4% | 17.5% | 16.3% | 16.1% |
| ROA | 12.0% | 12.0% | 14.5% | 11.5% | 10.7% | 10.1% | 1.5% | 10.1% | 11.3% | 10.5% | 10.4% |
| ROIC | 14.5% | 14.5% | 20.4% | 15.5% | 15.5% | 15.4% | 1.3% | 14.9% | 18.7% | 19.3% | 19.2% |
| ROCE | 20.1% | 20.1% | 23.4% | 18.1% | 16.9% | 15.9% | 1.4% | 16.0% | 18.0% | 19.6% | 20.5% |
TXRH Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Texas Roadhouse, Inc. carries a Debt/EBITDA ratio of 2.7x, which is moderately leveraged (44% below the sector average of 4.8x). Net debt stands at $1.8B ($1.9B total debt minus $135M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.27 | 1.27 | 0.62 | 0.67 | 0.73 | 0.69 | 0.88 | 0.60 | 0.00 | 0.06 | 0.07 |
| Debt / EBITDA | 2.66 | 2.66 | 1.23 | 1.52 | 1.65 | 1.76 | 5.87 | 1.70 | 0.01 | 0.19 | 0.21 |
| Net Debt / Equity | — | 1.18 | 0.44 | 0.58 | 0.56 | 0.38 | 0.50 | 0.48 | -0.22 | -0.12 | -0.08 |
| Net Debt / EBITDA | 2.47 | 2.47 | 0.88 | 1.31 | 1.27 | 0.97 | 3.30 | 1.37 | -0.72 | -0.35 | -0.24 |
| Debt / FCF | — | 5.12 | 1.53 | 3.06 | 2.18 | 1.53 | 6.16 | 2.80 | -1.06 | -0.79 | -0.65 |
| Interest Coverage | — | — | — | — | 2595.14 | 81.33 | 5.71 | — | 318.22 | 118.49 | 137.11 |
TXRH Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.50x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.50 | 0.50 | 0.62 | 0.48 | 0.61 | 0.94 | 1.01 | 0.59 | 0.90 | 0.78 | 0.72 |
| Quick Ratio | 0.50 | 0.50 | 0.57 | 0.43 | 0.55 | 0.88 | 0.96 | 0.55 | 0.85 | 0.73 | 0.66 |
| Cash Ratio | 0.15 | 0.15 | 0.30 | 0.14 | 0.27 | 0.56 | 0.72 | 0.26 | 0.55 | 0.46 | 0.40 |
| Asset Turnover | — | 1.66 | 1.68 | 1.66 | 1.59 | 1.38 | 1.03 | 1.39 | 1.67 | 1.67 | 1.69 |
| Inventory Turnover | — | — | 108.60 | 101.69 | 88.42 | 90.44 | 94.55 | 111.51 | 106.92 | 110.18 | 99.78 |
| Days Sales Outstanding | — | — | 13.12 | 13.83 | 13.66 | 17.00 | 14.98 | 13.15 | 13.68 | 12.58 | 10.29 |
TXRH Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Texas Roadhouse, Inc. returns 2.8% to shareholders annually — split between a 1.5% dividend yield and 1.3% buyback yield. A payout ratio of 44.4% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 3.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.5% | 1.6% | 1.3% | 1.8% | 1.9% | 1.3% | 0.5% | 2.6% | 1.6% | 1.5% | 1.5% |
| Payout Ratio | 44.4% | 44.4% | 37.6% | 48.3% | 46.0% | 34.1% | 80.0% | 58.7% | 43.3% | 44.2% | 45.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.4% | 3.6% | 3.6% | 3.7% | 4.2% | 3.9% | 0.6% | 4.4% | 3.7% | 3.5% | 3.4% |
| FCF Yield | 2.9% | 3.1% | 3.3% | 2.6% | 4.2% | 4.3% | 1.4% | 4.0% | 4.6% | 3.3% | 2.7% |
| Buyback Yield | 1.3% | 1.4% | 0.7% | 0.6% | 3.5% | 1.1% | 0.4% | 3.8% | 0.3% | 0.3% | 0.4% |
| Total Shareholder Yield | 2.8% | 3.0% | 2.0% | 2.4% | 5.5% | 2.4% | 0.9% | 6.4% | 1.9% | 1.9% | 1.9% |
| Shares Outstanding | — | $67M | $67M | $67M | $68M | $70M | $70M | $71M | $72M | $72M | $71M |
Peer Comparison
Compare TXRH with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 TXRHYou | $12B | 29.1 | 18.9 | 34.2 | 12.4% | 8.6% | 28.4% | 14.5% | 2.7 |
 BLMN | $687M | 127.7 | 10.9 | 7.1 | 8.9% | 4.1% | 2.3% | 4.3% | 9.0 |
 DRI | $25B | 24.1 | 16.6 | 24.4 | 21.9% | 11.3% | 46.1% | 13.0% | 3.3 |
 CAKE | $4B | 25.1 | 23.9 | 24.8 | 78.3% | 5.0% | 33.7% | 4.7% | 11.7 |
 DENN | $322M | 15.2 | 12.1 | 350.6 | 73.4% | 10.0% | — | 9.7% | 6.8 |
 CBRL | $1B | 23.0 | 11.6 | 17.6 | 33.0% | 1.6% | 10.3% | 2.6% | 6.2 |
 EAT | $7B | 19.8 | 12.2 | 17.1 | 18.2% | 9.5% | 186.7% | 19.1% | 2.4 |
 BJRI | $1B | 25.3 | 13.1 | 28.0 | 74.7% | 3.3% | 13.3% | 4.1% | 4.0 |
 RRGB | $116M | -4.8 | 11.3 | 18.6 | 68.0% | 0.2% | — | 0.5% | 9.5 |
 ARKR | $22M | -1.9 | 46.6 | — | 35.6% | -0.8% | -30.3% | -0.8% | 41.3 |
 SYY | $38B | 21.1 | 12.2 | 21.2 | 18.4% | 3.8% | 97.5% | 15.7% | 3.5 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 25 years · Updated daily
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TXRH — Frequently Asked Questions
Quick answers to the most common questions about buying TXRH stock.
What is Texas Roadhouse, Inc.'s P/E ratio?
Texas Roadhouse, Inc.'s current P/E ratio is 29.1x. The historical average is 36.0x. This places it at the 77th percentile of its historical range.
What is Texas Roadhouse, Inc.'s EV/EBITDA?
Texas Roadhouse, Inc.'s current EV/EBITDA is 18.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.9x.
What is Texas Roadhouse, Inc.'s ROE?
Texas Roadhouse, Inc.'s return on equity (ROE) is 28.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 22.1%.
Is TXRH stock overvalued?
Based on historical data, Texas Roadhouse, Inc. is trading at a P/E of 29.1x. This is at the 77th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Texas Roadhouse, Inc.'s dividend yield?
Texas Roadhouse, Inc.'s current dividend yield is 1.52% with a payout ratio of 44.4%.
What are Texas Roadhouse, Inc.'s profit margins?
Texas Roadhouse, Inc. has 12.4% gross margin and 8.6% operating margin.
How much debt does Texas Roadhouse, Inc. have?
Texas Roadhouse, Inc.'s Debt/EBITDA ratio is 2.7x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.