Texas Roadhouse Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 26, 2023	Dec '22 Dec 27, 2022	Dec '21 Dec 28, 2021
Revenue	5,878	5,373	4,632	4,015	3,464
Revenue Growth (YoY)	9.39%	16.01%	15.36%	15.91%	44.44%
Cost of Revenue	4,942	4,363	3,846	3,310	2,836
Gross Profit	936.56	1,010	786.14	704.64	627.6
Selling, General & Admin	227.33	285.84	249.44	223.72	178.58
Operating Expenses	461.47	492.09	431.88	382.84	329.68
Operating Income	475.09	517.75	354.26	321.8	297.93
Interest Expense	-	-	-	-0.12	-3.66
Interest & Investment Income	3.14	6.77	2.98	-	-
Earnings From Equity Investments	2.88	1.2	1.35	1.24	-0.64
EBT Excluding Unusual Items	481.11	525.72	358.6	322.91	293.63
Merger & Restructuring Charges	-	-0.43	-0.28	-0.6	-
Gain (Loss) on Sale of Assets	-	-	-	0.7	-
Asset Writedown	-0.35	-0.8	-	-1.7	-0.73
Pretax Income	480.76	524.49	358.32	321.31	292.89
Income Tax Expense	66.42	80.15	44.65	43.72	39.58
Earnings From Continuing Operations	414.34	444.35	313.68	277.6	253.31
Minority Interest in Earnings	-8.78	-10.75	-8.8	-7.78	-8.02
Net Income	405.55	433.59	304.88	269.82	245.29
Net Income to Common	405.55	433.59	304.88	269.82	245.29
Net Income Growth	-6.47%	42.22%	12.99%	10.00%	684.82%
Shares Outstanding (Basic)	66	67	67	68	70
Shares Outstanding (Diluted)	67	67	67	68	70
Shares Change (YoY)	-0.75%	-0.21%	-1.14%	-3.11%	0.29%
EPS (Basic)	6.11	6.50	4.56	3.99	3.52
EPS (Diluted)	6.10	6.47	4.54	3.97	3.50
EPS Growth	-5.72%	42.51%	14.36%	13.43%	677.78%
Free Cash Flow	342.07	399.29	217.95	265.6	268.13
Free Cash Flow Per Share	5.14	5.96	3.25	3.91	3.83
Dividend Per Share	2.720	2.440	2.200	1.840	1.200
Dividend Growth	11.47%	10.91%	19.56%	53.33%	233.33%
Gross Margin	15.93%	18.79%	16.97%	17.55%	18.12%
Operating Margin	8.08%	9.63%	7.65%	8.02%	8.60%
Profit Margin	6.90%	8.07%	6.58%	6.72%	7.08%
Free Cash Flow Margin	5.82%	7.43%	4.71%	6.62%	7.74%
EBITDA	681.73	695.9	507.47	459.03	424.69
EBITDA Margin	11.60%	12.95%	10.96%	11.43%	12.26%
D&A For EBITDA	206.64	178.16	153.2	137.24	126.76
EBIT	475.09	517.75	354.26	321.8	297.93
EBIT Margin	8.08%	9.63%	7.65%	8.02%	8.60%
Effective Tax Rate	13.82%	15.28%	12.46%	13.61%	13.51%
Revenue as Reported	5,878	5,373	4,632	4,015	3,464

Source: S&P Global Market Intelligence. Standard template. Financial Sources.