The Cheesecake Factory Incorporated (CAKE)

The Cheesecake Factory Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 1, 2025	Dec 31, 2024	Jan 2, 2024	Jan 3, 2023	Dec 28, 2021	Dec 29, 2020
Revenue	3,669	3,582	3,440	3,303	2,928	1,983
Revenue Growth (YoY)	4.77%	4.13%	4.13%	12.83%	47.62%	-20.12%
Cost of Revenue	2,204	2,174	2,131	2,112	1,726	1,237
Gross Profit	1,466	1,407	1,309	1,191	1,202	746.31
Selling, General & Admin	486.24	473.81	450.41	427.81	392.16	346.35
Other Operating Expenses	630.94	609.95	589.65	570.15	585.97	427.05
Operating Expenses	1,254	1,213	1,159	1,107	1,082	875.58
Operating Income	211.64	194.39	149.72	83.69	119.97	-129.28
Interest Expense	-9.77	-10.11	-10.16	-7.49	-10.7	-8.6
Other Non Operating Income (Expenses)	2.43	2.84	1.61	1.45	-	-
EBT Excluding Unusual Items	204.3	187.12	141.16	77.65	109.27	-137.88
Merger & Restructuring Charges	-	-	-	-	-	-2.7
Impairment of Goodwill	-	-	-	-	-	-79.4
Asset Writedown	-12.35	-13.65	-29.46	-31.39	-18.14	-139.93
Other Unusual Items	-18.06	-2.43	-11.69	-13.37	-19.51	3.87
Pretax Income	173.88	171.05	100.01	32.89	71.62	-356.04
Income Tax Expense	14.98	14.26	-1.34	-10.23	-0.75	-102.67
Net Income	158.9	156.78	101.35	43.12	72.37	-253.37
Preferred Dividends & Other Adjustments	-	-	-	-	23.24	23.74
Net Income to Common	158.9	156.78	101.35	43.12	49.13	-277.11
Net Income Growth	36.68%	54.69%	135.03%	-40.42%	-	-
Shares Outstanding (Basic)	47	48	48	50	48	44
Shares Outstanding (Diluted)	49	49	49	50	49	44
Shares Change (YoY)	0.46%	-0.15%	-2.71%	3.92%	10.58%	-1.52%
EPS (Basic)	3.35	3.28	2.10	0.87	1.03	-6.32
EPS (Diluted)	3.24	3.20	2.07	0.86	1.01	-6.32
EPS Growth	35.29%	54.59%	140.70%	-15.23%	-	-
Free Cash Flow	131.21	107.96	66.84	49.46	146.06	-47.42
Free Cash Flow Per Share	2.68	2.20	1.36	0.98	3.01	-1.08
Dividend Per Share	1.080	1.080	1.080	0.810	-	0.360
Dividend Growth	-	-	33.33%	-	-	-73.91%
Gross Margin	39.94%	39.30%	38.05%	36.06%	41.05%	37.63%
Operating Margin	5.77%	5.43%	4.35%	2.53%	4.10%	-6.52%
Profit Margin	4.33%	4.38%	2.95%	1.31%	1.68%	-13.97%
Free Cash Flow Margin	3.58%	3.01%	1.94%	1.50%	4.99%	-2.39%
EBITDA	315.91	295.44	243.25	174.47	208.52	-38.46
EBITDA Margin	8.61%	8.25%	7.07%	5.28%	7.12%	-1.94%
D&A For EBITDA	104.28	101.05	93.54	90.78	88.55	90.82
EBIT	211.64	194.39	149.72	83.69	119.97	-129.28
EBIT Margin	5.77%	5.43%	4.35%	2.53%	4.10%	-6.52%
Effective Tax Rate	8.62%	8.34%	-	-	-	-
Advertising Expenses	-	36.5	34.7	24	19.9	16

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q