Texas Roadhouse
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

202520252026
Price/Earnings ratio
26.7129.4822.93
Price/Sales ratio
2.142.211.96
Earnings per Share (EPS)
$6.59$5.98$7.68

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
27.0626.0630.1829.1825.6522.76175.4225.4623.6027.0231.0825.65
Price/Sales ratio
1.481.391.751.721.651.442.281.801.581.772.371.65
Price/Book Value ratio
3.873.774.654.574.294.335.915.906.297.219.274.29
Price/Cash Flow ratio
12.2811.0713.5713.4011.5010.6023.7913.3212.4414.5817.5711.50
Price/Free Cash Flow ratio
35.5346.3637.7830.7720.6224.8272.1023.2923.9837.8035.6120.62
Price/Earnings Growth ratio
3.112.501.602.271.311.93-2.140.031.761.89-1.631.93
Dividend Yield
1.33%1.82%1.49%1.51%1.68%2.57%0.45%1.33%1.94%1.78%1.34%2.57%
Profitability Indicator Ratios
Gross Profit Margin
18.35%18.07%19.35%19.05%18.08%18.00%11.82%17.50%16.28%15.87%14.79%18.00%
Operating Profit Margin
8.24%7.99%8.63%8.38%7.64%7.69%0.99%8.57%7.97%7.64%9.52%7.64%
Pretax Profit Margin
8.21%7.98%8.62%8.38%7.67%7.76%0.80%8.45%8.00%7.73%9.17%7.67%
Net Profit Margin
5.50%5.36%5.80%5.92%6.43%6.32%1.30%7.08%6.72%6.58%7.65%6.43%
Effective Tax Rate
29.99%29.80%29.79%26.10%12.86%15.14%-81.40%13.51%13.60%12.46%14.33%12.86%
Return on Assets
9.22%9.38%9.79%9.88%10.76%8.79%1.34%9.76%10.68%10.91%13.39%10.76%
Return On Equity
14.31%14.46%15.40%15.67%16.73%19.04%3.36%23.18%26.64%26.70%31.72%16.73%
Return on Capital Employed
17.93%18.62%19.09%18.60%17.32%13.53%1.31%15.56%17.08%17.28%21.25%17.32%
Liquidity Ratios
Current Ratio
0.680.520.710.770.890.591.00N/AN/AN/A0.480.59
Quick Ratio
0.610.460.650.720.840.540.960.880.550.420.420.54
Cash ratio
0.390.230.400.450.540.250.710.550.260.130.300.25
Days of Sales Outstanding
7.849.1710.2912.5713.6813.1514.9717.0013.6613.823.7413.15
Days of Inventory outstanding
4.023.853.653.313.413.273.864.034.123.583.343.27
Operating Cycle
11.8713.0213.9415.8917.0916.4218.8321.0317.7817.417.0916.42
Days of Payables Outstanding
12.3112.5711.5411.6911.259.9511.5612.1611.4612.3310.999.95
Cash Conversion Cycle
-0.430.452.404.195.846.467.278.876.325.08-3.896.46
Debt Ratios
Debt Ratio
0.050.020.040.030.00N/A0.100.040.010.00N/AN/A
Debt Equity Ratio
0.080.030.070.060.00N/A0.250.110.040.02N/AN/A
Long-term Debt to Capitalization
0.070.030.060.050.00N/A0.170.080.04N/AN/AN/A
Total Debt to Capitalization
0.070.030.060.050.00N/A0.200.100.040.02N/AN/A
Interest Coverage Ratio
62.5973.79136.97118.07317.74-139.445.82N/AN/AN/A1.91K317.74
Cash Flow to Debt Ratio
3.778.874.895.50169.56N/A0.963.8410.2320.61N/AN/A
Company Equity Multiplier
1.551.541.571.581.552.162.502.372.492.442.221.55
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.120.120.120.120.140.130.090.130.120.120.130.13
Free Cash Flow / Operating Cash Flow Ratio
0.340.230.350.430.550.420.320.570.510.380.490.42
Cash Flow Coverage Ratio
3.778.874.895.50169.56N/A0.963.8410.2320.61N/AN/A
Short Term Coverage Ratio
1.48K1.58K1.53K31.81KN/AN/A4.6021.35N/A20.61N/AN/A
Dividend Payout Ratio
36.00%47.65%45.03%44.21%43.32%58.67%79.95%34.10%46.00%48.27%40.73%58.67%