TXRHTexas Roadhouse, Inc.
Retail-Eating Places
- Revenue
- $5.9B
- 9.4% YoY
- Operating margin
- 8.1%
- 16% YoY
- EBITDA
- $681M
- 1.9% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.3×
- −$200M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear180% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear45% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear7% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $3.5B | $4.0B | $4.6B | $5.4B | $5.9B | 9.4% |
| Operating income | $297M | $320M | $354M | $517M | $475M | 8.1% |
| Net income | $245M | $270M | $305M | $434M | $406M | 6.5% |
| Operating cash flow | $469M | $512M | $565M | $754M | $730M | 3.1% |
| Capex | $201M | $246M | $347M | $354M | $388M | 9.5% |
| Stock-based comp | $38M | $37M | $34M | $47M | $48M | 1.5% |
| Buybacks | $52M | $213M | $50M | $80M | $150M | 88% |
| Dividends | $84M | $124M | $147M | $163M | $180M | 11% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 231 | 137 |
| FY2024 | — | — | 245 | 138 |
| FY2023 | — | — | 165 | 129 |
| FY2022 | — | — | 123 | 113 |
| FY2021 | — | — | 115 | 122 |