Stocks · Consumer Cyclical · Restaurants
Texas Roadhouse, Inc. TXRH
$156.14 -0.36% Close, Oct 2, 2026 · NASDAQ · Market cap $10.26B
Low risk
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 25.0× trailing earnings, lower than 86% of the company's own readings over the past five years.
- Revenue over the last four quarters was $6.23B, up 9.9% from a year earlier.
- The stock is 27% below its highest close of the past year.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 27%
- EPS growth (TTM, YoY)Bottom 44%
- FCF growth (TTM, YoY)Bottom 46%
- Revenue growth, 3-year CAGRTop 13%
- Revenue growth accelerationBottom 41%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 17%
- Gross marginBottom 11%
- Operating marginTop 45%
- Cash conversion (OCF / net income)Top 43%
- Accruals (lower is better)Top 16%
- Net debt / EBITDA (lower is better)Top 28%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 47%
- Free-cash-flow yieldBottom 37%
- EBITDA / enterprise valueBottom 39%
- Sales / enterprise valueBottom 36%
- P/E vs own 5-year history (lower is better)Top 23%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 29%
- 6-month returnBottom 42%
- 1-year return vs S&P 500Top 46%
- Distance from 52-week highBottom 49%
- Trend checklist (0–4)Bottom 47%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 23%
- Consecutive EPS beatsBottom 48%
- Share of analysts rating BuyBottom 36%
- Upside to consensus price targetTop 40%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 12%
- Maximum drawdown, 3 yearsTop 5%
- Beta vs S&P 500 (lower is better)Top 9%
- Net debt / EBITDA (lower is better)Top 28%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 10.3% | 9.9% | ↓ |
| EPS growth (YoY) | -3.4% | -4.6% | ↓ |
| Gross margin | 17.2% | 15.3% | ↓ |
| Operating margin | 9.2% | 8.0% | ↓ |
| FCF margin | 6.6% | 6.5% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 9.9% | 10.3% | ↓ | Top 27% |
| EPS growth (TTM, YoY) | -4.6% | -3.4% | ↓ | Bottom 44% |
| Gross margin | 15.3% | 17.2% | ↓ | Bottom 11% |
| Operating margin | 8.0% | 9.2% | ↓ | Top 45% |
| Net margin | 6.6% | 7.7% | ↓ | — |
| Free-cash-flow margin | 6.5% | 6.6% | ↓ | — |
| Return on invested capital | 14.8% | — | Top 17% | |
| Revenue growth, 3-year CAGR | 13.5% | — | Top 13% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.94×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -10.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +4.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.16×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.84%
- Net buyback yield (TTM)
- 1.57%
- Shareholder yield
- 3.41%
- Share count change, 1 year
- -1.0%
- Share count change, 3-year CAGR
- -0.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -3.4%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $213.00
- Target vs current price
- +36.4%
- Analysts with a rating
- 44
- Share rating Buy or Strong Buy
- 43%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +1.1% | -0.2% | +2.8% | -8.5% | — |
| May 7, 2026 | +3.9% | -1.1% | +12.3% | +1.0% | +31.9% |
| Feb 19, 2026 | -16.3% | -2.3% | -2.7% | -9.8% | -5.2% |
| Nov 6, 2025 | -2.3% | -3.0% | +1.1% | +0.8% | +11.2% |
| Aug 7, 2025 | -2.1% | +0.3% | -5.0% | -8.1% | -10.3% |
| May 8, 2025 | -3.4% | +0.8% | +10.4% | +11.9% | +7.9% |
| Feb 20, 2025 | +5.5% | -1.4% | +1.0% | -2.3% | +8.8% |
| Oct 24, 2024 | -4.5% | +1.1% | +8.4% | +8.1% | +0.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $1.85 | $1.83 | +1.1% | $1.68B |
| May 7, 2026 | $1.87 | $1.80 | +3.9% | $1.63B |
| Feb 19, 2026 | $1.28 | $1.53 | -16.3% | $1.48B |
| Nov 6, 2025 | $1.25 | $1.28 | -2.3% | $1.44B |
| Aug 7, 2025 | $1.86 | $1.90 | -2.1% | $1.51B |
| May 8, 2025 | $1.70 | $1.76 | -3.4% | $1.45B |
| Feb 20, 2025 | $1.73 | $1.64 | +5.5% | $1.44B |
| Oct 24, 2024 | $1.26 | $1.32 | -4.5% | $1.27B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 25.0× | 27.9× | 14th | Bottom 47% |
| P/E (forward) | 23.7× | — | — | — |
| EV / EBITDA | 14.6× | — | — | Bottom 39% |
| EV / Sales | 1.79× | — | — | Bottom 36% |
| Free-cash-flow yield | 3.96% | — | — | Bottom 37% |
| Earnings yield | 4.00% | — | — | Bottom 47% |
P/E over the past five years
Range 22.9× – 34.1× since Jun 29, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -4.1%
- Earnings per share growth (TTM)
- -4.6%
- Change in P/E multiple
- +26.1%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -4.6%
- 200-day average slope (20 days)
- -0.1%
- Distance from 50-day average
- -17.6%
- Distance from 200-day average
- -13.1%
- RSI (14)
- 16.2
- Relative volume
- 0.99×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 26.5%
- Volatility vs own 5-year history
- 49th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.51
- Correlation with S&P 500
- 0.26
- Current drawdown from 1-year high
- -27.1%
- Maximum drawdown, 3 years
- -27.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 3, 2021 | Jun 16, 2022 | -35.2% | 284 days | 187 days (Mar 16, 2023) |
| Aug 12, 2026 | Oct 2, 2026 | -27.1% | 36 days | Not yet recovered |
| Nov 29, 2024 | Apr 8, 2025 | -25.4% | 87 days | 327 days (Jul 29, 2026) |
| Jul 19, 2023 | Oct 12, 2023 | -21.9% | 60 days | 46 days (Dec 18, 2023) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $10.26B
- P/E (TTM)
- 25.0
- EPS, diluted (TTM)
- $6.25
- Revenue (TTM)
- $6.23B
- Dividend yield
- 1.88%
- 52-week range
- $153.82 – $216.30
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.46B | $4.01B | $4.63B | $5.37B | $5.88B |
| Gross profit | $606.5M | $653.6M | $735.1M | $947.3M | $729.9M |
| Operating income | $297.2M | $320.2M | $354.0M | $516.5M | $502.6M |
| Net income | $245.3M | $269.8M | $304.9M | $433.6M | $405.6M |
| EPS (diluted) | $3.50 | $3.97 | $4.54 | $6.47 | $6.10 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.27B | $1.44B | $1.45B | $1.51B | $1.44B | $1.48B | $1.63B | $1.68B |
| Net income | $84.4M | $115.8M | $113.7M | $124.1M | $83.2M | $84.6M | $123.4M | $121.9M |
| EPS (diluted) | $1.26 | $1.73 | $1.70 | $1.86 | $1.25 | $1.28 | $1.87 | $1.85 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $468.8M | $511.7M | $565.0M | $753.6M | $730.1M |
| Capital expenditure | -$200.7M | -$246.1M | -$347.0M | -$354.3M | -$388.0M |
| Free cash flow | $268.1M | $265.6M | $217.9M | $399.3M | $342.1M |
| Dividends paid | -$83.7M | -$124.1M | -$147.2M | -$162.9M | -$180.3M |
| Net share buybacks | -$69.3M | -$226.4M | -$50.0M | -$80.0M | -$150.4M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $202.4M
- Total assets
- $3.67B
- Total liabilities
- $2.09B
- Total debt
- $1.09B
- Net debt
- $885.1M
- Shareholders’ equity
- $1.56B
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 1, 2026 | $0.75 | Sep 29, 2026 |
| Jun 2, 2026 | $0.75 | Jun 30, 2026 |
| Mar 17, 2026 | $0.75 | Mar 31, 2026 |
| Dec 2, 2025 | $0.68 | Dec 30, 2025 |
| Sep 2, 2025 | $0.68 | Sep 30, 2025 |
| Jun 3, 2025 | $0.68 | Jul 1, 2025 |
| Mar 18, 2025 | $0.68 | Apr 1, 2025 |
| Dec 10, 2024 | $0.61 | Dec 31, 2024 |
Short interest
- Shares sold short
- 1,892,223
- Days to cover
- 1.98
- Change vs previous report
- -4.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Sep 26, 2005
- 2-for-1