# Texas Roadhouse, Inc. (TXRH) — Stock CV

Texas Roadhouse, Inc. is a $10.6B consumer company. Revenue grew 9.9% over the last year, and it keeps 7¢ of every dollar of sales as profit. It trades at 25.7× earnings — in the cheapest third of its own history.

> Texas Roadhouse is the largest casual dining brand in the US, with its namesake banner known for hand-cut steaks and rolls, generating $5.8 billion in system sales, largely from 648 company-owned units (94% of segment revenue), at the end of fiscal 2025.

## Identity

- **Ticker**: TXRH
- **Sector**: Consumer Cyclical
- **Industry**: Retail-Eating Places
- **Headquarters**: LOUISVILLE, KY
- **Employees**: 101 000
- **Website**: https://www.texasroadhouse.com
- **Market cap**: $10.6B
- **Last price**: $161.50
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $6.23B
- **Net income**: $413M
- **Free cash flow**: $406M
- **P/E**: 25.7
- **Revenue growth (YoY)**: 9.9%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 77 |
| Growth | 85 |
| Profitability | 68 |
| Health | 25 |
| Quality | 87 |
| Moat | 62 |

## Qualifications (beginner checklist) — 9 of 11 passed

- [x] Revenue growing — +9.9% YoY
- [x] Profitable — $413M TTM
- [x] Profit growing — +15.3% YoY
- [x] Generates cash — $406M TTM
- [ ] Debt under control — current ratio 0.46
- [x] Established company — $10.6B market cap
- [x] Not printing shares — -4.8% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 25/100
- [x] Pays a dividend — yield 1.78%
- [x] Valuation not extreme — P/E 25.7

## Experience (career milestones)

- **2025** — Texas Roadhouse became the largest casual-dining restaurant chain in the United States according to…
- **FY2024** — Best year on record: $434M net income
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $1.99B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **2011** — Texas Roadhouse started their international expansion with the first international location in…
- **2004** — Roadhouse became a public company, listing under the symbol "TXRH" on Nasdaq at a price of $17.50 per share…
- **1993** — Texas Roadhouse was established in 1993, at the Green Tree Mall in Clarksville, Indiana, across the Ohio River from…
- **Feb 17, 1993** — A year later on February 17, 1993, the first Texas Roadhouse in Clarksville, Indiana opened its doors

## Strengths

- High gross margin (64.5%)
- Interest covered 69.1× by operating earnings
- High returns on invested capital (ROIC 30.6%)

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $3.46B | $245M | $268M |
| FY2022 | $4.01B | $270M | $266M |
| FY2023 | $4.63B | $305M | $218M |
| FY2024 | $5.37B | $434M | $399M |
| FY2025 | $5.88B | $406M | $342M |

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Source: https://stockcv.com/TXRH — derived from company filings; may be delayed or incomplete. Information, not investment advice.