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	Apr 1, 2025	Dec 31, 2024	Jan 2, 2024	Jan 3, 2023	Dec 28, 2021	Dec 29, 2020
Revenue	3,618	3,582	3,440	3,303	2,928	1,983
Revenue Growth (YoY)	4.42%	4.13%	4.13%	12.83%	47.62%	-20.12%
Cost of Revenue	2,183	2,174	2,131	2,112	1,726	1,237
Gross Profit	1,434	1,407	1,309	1,191	1,202	746.31
Selling, General & Admin	477.47	473.81	450.41	427.81	392.16	346.35
Other Operating Expenses	618.72	609.95	589.65	570.15	585.97	427.05
Operating Expenses	1,229	1,213	1,159	1,107	1,082	875.58
Operating Income	205.23	194.39	149.72	83.69	119.97	-129.28
Interest Expense	-9.66	-10.11	-10.16	-7.49	-10.7	-8.6
Other Non Operating Income (Expenses)	2.56	2.84	1.61	1.45	-	-
EBT Excluding Unusual Items	198.14	187.12	141.16	77.65	109.27	-137.88
Merger & Restructuring Charges	-	-	-	-	-	-2.7
Impairment of Goodwill	-	-	-	-	-	-79.4
Asset Writedown	-13.65	-13.65	-29.46	-31.39	-18.14	-139.93
Other Unusual Items	-16.49	-2.43	-11.69	-13.37	-19.51	3.87
Pretax Income	168	171.05	100.01	32.89	71.62	-356.04
Income Tax Expense	11.47	14.26	-1.34	-10.23	-0.75	-102.67
Net Income	156.53	156.78	101.35	43.12	72.37	-253.37
Preferred Dividends & Other Adjustments	-	-	-	-	23.24	23.74
Net Income to Common	156.53	156.78	101.35	43.12	49.13	-277.11
Net Income Growth	46.99%	54.69%	135.03%	-40.42%	-	-
Shares Outstanding (Basic)	48	48	48	50	48	44
Shares Outstanding (Diluted)	49	49	49	50	49	44
Shares Change (YoY)	0.73%	-0.15%	-2.71%	3.92%	10.58%	-1.52%
EPS (Basic)	3.28	3.28	2.10	0.87	1.03	-6.32
EPS (Diluted)	3.19	3.20	2.07	0.86	1.01	-6.32
EPS Growth	45.67%	54.59%	140.70%	-15.23%	-	-
Free Cash Flow	114.43	107.96	66.84	49.46	146.06	-47.42
Free Cash Flow Per Share	2.33	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	39.65%	39.30%	38.05%	36.06%	41.05%	37.63%
Operating Margin	5.67%	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	3.16%	3.01%	1.94%	1.50%	4.99%	-2.39%
EBITDA	307.61	295.44	243.25	174.47	208.52	-38.46
EBITDA Margin	8.50%	8.25%	7.07%	5.28%	7.12%	-1.94%
D&A For EBITDA	102.38	101.05	93.54	90.78	88.55	90.82
EBIT	205.23	194.39	149.72	83.69	119.97	-129.28
EBIT Margin	5.67%	5.43%	4.35%	2.53%	4.10%	-6.52%
Effective Tax Rate	6.82%	8.34%	-	-	-	-
Advertising Expenses	-	36.5	34.7	24	19.9	16

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q