TXRH - NASDAQ

Texas Roadhouse, Inc.

TXRH·NASDAQ

$166.19

-2.8%

Consumer CyclicalRestaurants

Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names. As of December 28, 2021, it operated 566 domestic restaurants and 101 franchise restaurants. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$10.92B

EPS6.1100

P/E Ratio27.20

Earnings Date08/06/2026

730.07M

Operating Cash Flow

-3%

3Y+43.0%

5Y+217.0%

10Y+184.0%

-480.52M

Investing Cash Flow

43%

3Y+82.0%

5Y+198.0%

10Y+192.0%

-360.07M

Financing Cash Flow

31%

3Y-12.0%

5Y-294.0%

10Y+830.0%

Texas Roadhouse, Inc. Cash Conversion Engine

TXRH · NASDAQ

FCF Components

Net Income414.33M

Depreciation & Amortization208.34M

Stock-Based Compensation47.77M

Change in Working Capital51.38M

Others1.22M

Capital Expenditures-388.00M

Free Cash Flow342.07M

Cash Flow Quality Analysis

FCF Conversion Rate

82.6%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

53.1%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

-14.3%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

+$51.38M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

Texas Roadhouse, Inc. Cash Flow Statement

TXRH • NASDAQ

Texas Roadhouse, Inc. Cash Flow Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
OPERATING ACTIVITIES
Net Income	414.3M	444.3M	313.7M	277.6M	253.3M	34.9M	181.5M	164.3M	137.5M	120.6M	101.3M	91M	84.1M	73.8M	66.4M	60.7M	49.3M	39M	39.3M	34M
Depreciation & Amortization	208.3M	178.2M	153.2M	137.2M	126.8M	117.9M	115.5M	101.2M	93.5M	83M	69.7M	59.2M	51.6M	46.7M	42.7M	41.3M	41.8M	37.7M	30.4M	21.4M
Change in Deferred Taxes	7M	-13.8M	3.1M	9.5M	8.9M	-19.9M	6.3M	12.3M	-5.1M	6M	411K	-480K	-947K	-2.2M	70K	1.8M	-126K	1.2M	-2.7M	-679K
Stock-Based Compensation	47.8M	47.1M	34.2M	36.7M	38.1M	29.4M	35.5M	34M	26.9M	26.1M	22.8M	14.9M	14.7M	13.2M	10.5M	7.7M	7.5M	7.7M	4.7M	6.2M
Other Non-Cash Items	1.2M	4.3M	3.3M	6.8M	5.6M	6.3M	6M	6.4M	5.5M	6.1M	5.3M	4.6M	2.1M	4.3M	3.7M	3.5M	4.6M	4M	7.8M	7.6M
Cash Taxes Paid	(0.0)	(87.3M)	(39.9M)	(25.9M)	(39.8M)	(3.8M)	(20.4M)	(20.5M)	(50.2M)	(42.9M)	(39.6M)	(34.3M)	(27.2M)	(36.1M)	(24.6M)	(29.1M)	(11.7M)	(19.1M)	(0.0)	(0.0)
Change in Working Capital	51.4M	93.6M	57.5M	44M	36.2M	61.9M	29.4M	34.6M	28M	15.4M	28.5M	22.6M	21.1M	10.1M	14.1M	5M	12M	11.6M	1.7M	21.2M
Cash from Operating Activities	730.1M	753.6M	565M	511.7M	468.8M	230.4M	374.3M	352.9M	286.4M	257.1M	227.9M	191.7M	172.7M	145.9M	137.5M	119.9M	115.1M	101.2M	76.6M	79.7M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-394M	-354.3M	-347M	-246.1M	-200.7M	-154.4M	-214.3M	-156M	-161.6M	-164.7M	-173.5M	-125.4M	-111.5M	-87M	-81.8M	-45.1M	-45.5M	-102.5M	-101.9M	-111.2M
Acquisitions, Net	-104M	(0.0)	-38.5M	-32.8M	(0.0)	-10.6M	-1.5M	-2.2M	-16.5M	(0.0)	(0.0)	(0.0)	-1.2M	-4.3M	(0.0)	(0.0)	(25K)	-17.8M	-33.2M	(0.0)
Purchase of Investments	-4.2M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-95K	(0.0)	(0.0)
Sale/Maturity of Investments	2.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Investing Items	19.1M	17.4M	18.4M	15.1M	5.6M	3.9M	1.1M	0.0	0.0	0.0	272K	1.2M	1.4M	1.1M	2.3M	235K	2.4M	250K	613K	1.4M
Cash from Investing Activities	-480.5M	-336.9M	-367.2M	-263.7M	-195.1M	-161.1M	-214.8M	-158.1M	-178.2M	-164.7M	-173.2M	-124.2M	-111.2M	-90.2M	-79.5M	-44.8M	-43.1M	-120.2M	-134.5M	-109.8M
FINANCING ACTIVITIES
Net Issuance of Common Stock	-150.4M	-80M	-50M	-226.4M	-69.3M	-24.3M	-152.3M	-14.1M	-10.1M	-10.7M	-15.3M	-42.5M	-4M	-21M	-53.6M	12.3M	4M	-54.3M	2.1M	3.9M
Net Issuance of Debt	0.0	0.0	-50M	-50M	-140M	240M	0.0	-50M	-558K	24.9M	-22.1M	-1.5M	-369K	-10.3M	9.7M	-49.2M	-31.3M	65.9M	30.8M	26.2M
Cash Paid for Dividends	-180.3M	-162.9M	-147.2M	-124.1M	-83.7M	-25M	-102.4M	-68.6M	-58.2M	-52.1M	-46.2M	-31.3M	-46.9M	-24.5M	-17M	-2.2M	-2.1M	(0.0)	(0.0)	(0.0)
Share Repurchases	-150.4M	-80M	-50M	-226.4M	-69.3M	-24.3M	-152.3M	-14.1M	-11.6M	-13.4M	-20M	-49.6M	-19.7M	-33.2M	-59.1M	(0.0)	(0.0)	-57M	(0.0)	(0.0)
Other Financing Items	-29.4M	-32.9M	-20.3M	-7.5M	-8.3M	-4.3M	-6.3M	-5.3M	-4.4M	-769K	2.1M	-2M	1.8M	893K	-3.5M	-2.8M	-3.2M	1.1M	2.9M	4.8M
Cash from Financing Activities	-360.1M	-275.7M	-267.4M	-409.8M	-301.2M	185.9M	-261.7M	-135.5M	-70.2M	-38.7M	-81.5M	-76.2M	-49.5M	-54.9M	-64.4M	-39.7M	-30.4M	12.7M	35.7M	34.9M
CASH FLOW SUMMARY
Net Change in Cash	-110.5M	141M	-69.6M	-161.8M	-27.5M	255.3M	-102.2M	59.2M	38M	53.6M	-26.8M	-8.8M	13.1M	3M	-8.5M	35.4M	41.6M	-6.3M	-22.2M	4.8M
Cash at Beginning of Period	245.2M	104.2M	173.9M	335.6M	363.2M	107.9M	210.1M	150.9M	112.9M	59.3M	86.1M	94.9M	81.7M	78.8M	82.2M	46.9M	5.3M	11.6M	33.8M	29M
Cash at End of Period	134.7M	245.2M	104.2M	173.9M	335.6M	363.2M	107.9M	210.1M	150.9M	112.9M	59.3M	86.1M	94.9M	81.7M	73.7M	82.2M	46.9M	5.3M	11.6M	33.8M
Free Cash Flow	342.1M	399.3M	218M	265.6M	268.1M	76M	160M	196.9M	124.7M	92.3M	54.5M	66.3M	61.2M	61.1M	55.7M	74.9M	69.6M	-1.3M	-25.4M	-31.5M

SEC Filings

TXRH - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 22, 2026	May 21, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 08, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 06, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 10, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 05, 2026	March 05, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 27, 2026	December 30, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 19, 2026	February 18, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 13, 2026	February 11, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 31, 2025	December 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 02, 2025	December 01, 2025	2025	View Filing

Showing 1 to 10 of 323 filings

Related Guides

Blog Categories

Continue your TXRH research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.