Last 48 quarters of trend data · Consumer Cyclical · Restaurants
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Texas Roadhouse, Inc.'s quarterly P/E stands at 22.1x, down 11.1% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 14.0% YoY to 14.0x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 29.14 | 22.08 | 32.70 | 33.23 | 25.43 | 24.84 | 26.07 | 34.84 | 23.97 | 22.52 | 28.29 | 24.91 | 22.40 |
| — | -11.1% | +25.4% | -4.6% | +6.1% | +10.3% | -7.8% | +39.9% | +7.0% | +8.5% | +10.7% | +7.9% | +28.0% | |
| P/S Ratio | 1.99 | 1.67 | 1.87 | 1.92 | 2.08 | 1.95 | 2.10 | 2.31 | 2.15 | 1.93 | 1.76 | 1.41 | 1.57 |
| — | -14.1% | -11.0% | -16.7% | -2.9% | +0.7% | +19.4% | +63.3% | +36.7% | +27.0% | +16.2% | -2.7% | +26.4% | |
| P/B Ratio | 7.98 | 7.10 | 7.48 | 7.49 | 8.59 | 8.08 | 8.80 | 8.88 | 9.01 | 8.35 | 7.08 | 5.67 | 6.69 |
| — | -12.1% | -14.9% | -15.7% | -4.6% | -3.3% | +24.2% | +56.7% | +34.6% | +25.1% | +19.0% | -2.5% | +25.5% | |
| P/FCF | 34.16 | 15.26 | 21.12 | 187.51 | 88.21 | 17.57 | 23.29 | 61.63 | 51.29 | 15.41 | 28.83 | 120.21 | 161.10 |
| — | -13.2% | -9.3% | +204.3% | +72.0% | +14.1% | -19.2% | -48.7% | -68.2% | +5.4% | -15.7% | +156.1% | +551.2% | |
| EV / EBITDA | 18.94 | 14.01 | 20.18 | 19.84 | 16.93 | 16.29 | 16.90 | 21.15 | 16.31 | 15.46 | 17.84 | 15.56 | 15.02 |
| — | -14.0% | +19.4% | -6.2% | +3.8% | +5.4% | -5.3% | +35.9% | +8.6% | +10.0% | +11.2% | +6.7% | +27.7% | |
| EV / EBIT | 26.73 | 19.22 | 32.77 | 30.37 | 22.79 | 22.18 | 22.90 | 30.13 | 21.20 | 20.24 | 26.41 | 23.80 | 19.73 |
| — | -13.4% | +43.1% | +0.8% | +7.5% | +9.6% | -13.3% | +26.6% | +7.5% | +6.1% | +8.9% | +13.0% | +27.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Texas Roadhouse, Inc.'s operating margin was 9.4% in Q1 2026, up 2.3 pp QoQ and up 0.1 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 8.2% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 23.1% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 12.4% | 13.1% | 10.7% | 14.7% | 17.6% | 17.0% | 17.5% | 16.5% | 18.7% | 17.8% | 15.8% | 15.1% | 16.2% |
| — | -23.1% | -38.9% | -10.6% | -5.9% | -4.4% | +11.0% | +9.2% | +15.2% | +8.8% | +4.5% | -5.3% | -5.4% | |
| Operating Margin | 8.6% | 9.4% | 7.1% | 6.7% | 9.7% | 9.3% | 9.6% | 8.0% | 10.6% | 10.1% | 7.2% | 6.6% | 8.1% |
| — | +0.6% | -26.8% | -15.8% | -9.1% | -7.6% | +33.9% | +21.7% | +30.7% | +17.2% | +5.5% | -13.1% | -2.9% | |
| Net Margin | 6.9% | 7.6% | 5.7% | 5.8% | 8.2% | 7.9% | 8.1% | 6.6% | 9.0% | 8.6% | 6.2% | 5.7% | 7.0% |
| — | -3.7% | -29.1% | -12.7% | -8.4% | -8.4% | +29.5% | +16.6% | +27.5% | +16.5% | +4.9% | -9.4% | -0.6% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 28.4% | 8.2% | 5.7% | 5.7% | 8.7% | 8.2% | 8.6% | 6.5% | 9.6% | 9.5% | 6.4% | 5.8% | 7.6% |
| — | -0.4% | -33.4% | -12.9% | -9.7% | -13.7% | +35.0% | +12.8% | +26.6% | +15.5% | +7.4% | -10.2% | +4.2% | |
| ROA | 12.0% | 3.5% | 2.5% | 2.6% | 3.8% | 3.6% | 3.8% | 2.9% | 4.2% | 4.0% | 2.7% | 2.5% | 3.3% |
| — | -2.7% | -34.6% | -12.7% | -8.8% | -11.5% | +39.9% | +16.0% | +28.0% | +16.5% | +10.8% | -5.2% | +8.3% | |
| ROIC | 14.5% | 4.1% | 2.8% | 3.2% | 5.1% | 5.0% | 5.3% | 4.0% | 5.8% | 5.5% | 3.5% | 3.1% | 4.3% |
| — | -17.7% | -46.1% | -18.9% | -11.9% | -9.7% | +52.1% | +26.8% | +36.4% | +17.8% | +6.8% | -13.7% | -0.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Texas Roadhouse, Inc.'s Debt/EBITDA ratio is 5.0x, down from 11.9x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.27 | 0.69 | 1.27 | 0.63 | 0.63 | 0.65 | 0.62 | 0.63 | 0.63 | 0.65 | 0.67 | 0.68 | 0.67 |
| — | +5.4% | +104.7% | +0.8% | -0.4% | +0.2% | -6.6% | -7.2% | -6.1% | -3.3% | -9.2% | -13.1% | -15.1% | |
| Debt / EBITDA | 2.66 | 5.02 | 11.86 | 6.24 | 4.68 | 4.95 | 4.55 | 5.67 | 4.35 | 4.55 | 6.21 | 6.70 | 5.57 |
| — | +1.6% | +160.6% | +10.1% | +7.7% | +8.8% | -26.7% | -15.4% | -21.9% | -13.2% | -14.1% | -5.4% | -11.4% | |
| Current Ratio | 0.50 | 0.46 | 0.15 | 0.36 | 0.45 | 0.47 | 0.62 | 0.49 | 0.52 | 0.50 | 0.48 | 0.32 | 0.41 |
| — | -2.2% | -76.2% | -26.1% | -12.1% | -6.4% | +30.4% | +51.5% | +26.8% | +9.8% | -21.4% | -39.9% | -23.3% | |
| Quick Ratio | 0.50 | 0.40 | 0.15 | 0.30 | 0.39 | 0.41 | 0.57 | 0.43 | 0.45 | 0.45 | 0.43 | 0.26 | 0.34 |
| — | -2.5% | -74.2% | -30.6% | -13.8% | -7.7% | +34.6% | +65.2% | +32.9% | +13.1% | -22.4% | -45.6% | -27.6% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Deep dive into TXRH consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying TXRH stock.
Texas Roadhouse, Inc.'s current P/E is 29.1x. The average P/E over the last 4 quarters is 28.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Texas Roadhouse, Inc.'s current operating margin is 8.6%. 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 Texas Roadhouse, Inc.'s business trajectory between earnings reports.