Company Analysis

Texas Roadhouse, Inc. (TXRH)

Nasdaq: TXRH · Retail-Eating Places · Louisville, KY · filing with the SEC since 2004
Grade6.8
◀ Past 7.0● Present 6.8▶ Future 6.6

The grade of Texas Roadhouse, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.8/10
◀ Past7.025% of the headline
● Present6.845% of the headline
▶ Future6.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.0/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.6/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 76th percentile among 43 sector filers · read for itself

From the record

Texas Roadhouse, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.2/10

What has it actually done, year after year?

+12.8% a year over 10 filed years; profitable in 10 of 10.

weight 33% of this tense · 72nd percentile among 42 sector filers · read for its customers

From the record

Texas Roadhouse, Inc.'s 10 filed years say what it did: revenue went from $2.0 billion in fiscal 2016 to $5.9 billion in fiscal 2025, up 12.8% a year; it rose in 8 of 9 years; the deepest fall was 13% from fiscal 2019 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span12.8%top 30% of its family
  • the share of years revenue rosetop 23% of its family
  • the share of filed years with a profittop 13% of its family
  • the deepest fall from a revenue peak13.0%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.6/10

How has it treated the people who own it?

Share count shrank 0.7% a year. 38% of cash flow returned. Insiders: 23 sales, 0 purchases.

weight 22% of this tense · 56th percentile among 37 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-30, Texas Roadhouse, Inc.'s diluted share count shrank about 0.7% a year, and dividends and buybacks returned about 38% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 23 sales (4 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 49% of its family
  • cash returned against operating cash flowtop 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.8/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
7.1/10

Is it financially healthy right now?

ROE 28%: 28¢ of profit per shareholder dollar. Leverage 58%: owes 58¢ per asset dollar.

weight 45% of this tense · 71st percentile among 41 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-30, Texas Roadhouse, Inc. earned about 28 cents of profit for every dollar of shareholders' money. Leverage: it owed about 58 cents per dollar of assets, and net share issuance: its share count shrank 0.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 27% of its family
  • return on equitytop 19% of its family
  • the share count against the year beforetop 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.1/10

How strong is its position in its industry?

top 19% of 43 in its family; net margin 7%.

weight 33% of this tense · 81st percentile among 43 sector filers · read for its customers

From the record

Texas Roadhouse, Inc.'s standing among 43 graded names in its industry family: revenue of $5.9 billion in fiscal 2025 ranks in the top 18% by size; a net margin of 7% ranks in the top 22%; revenue growth of 13.5% a year over the last 3 filed years ranks in the top 17% (its annual reports).

What it rests on

  • revenue against the family$5.88Btop 18% of its family
  • net margin7.0%top 22% of its family
  • three-year revenue growth13.5%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.4/10

What are the people in charge doing?

bottom 44% of 30 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 44th percentile among 30 sector filers · read for its shareholders

From the record

Texas Roadhouse, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Morgan, Gerald L. (CEO, EXECUTIVE VICE CHAIRMAN, as filed), filing under that title since 2021-04-02, 5.6 years (top 35% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 4.5 years (bottom 33%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (bottom 34%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge11 in three years among 18 peoplebottom 34% of its family
  • the median years the people in charge have filed4.5 yearsbottom 33% of its family
  • the chief executive's years on the record5.6 yearstop 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.6/10

How much room does it have to grow?

top 34% of 41 in its family for room to expand.

weight 22% of this tense · 66th percentile among 41 sector filers · read for itself

From the record

Texas Roadhouse, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $135 million against no long-term debt tagged leaves 3.8% of its assets as net cash, top 30% of its family; cash from operations less capital spending is 5.8% of revenue (top 37%) (its annual report).

What it rests on

  • cash less debt against assets3.8%top 30% of its family
  • cash from operations less capital spending against revenue5.8%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.3/10

What could actually drive growth from here?

top 27% of 42 in its family for growth drivers.

weight 45% of this tense · 73rd percentile among 42 sector filers · read for its customers

From the record

Texas Roadhouse, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 13.5% a year over the last three filed years against 12.8% over all 10, speeding up (top 35% of its family); the newest year grew 9.4% (top 23%); capital spending grew 16.3% a year (top 25%) (its annual reports). Texas Roadhouse, Inc. reported 4 product lines in fiscal 2025: Food and Beverage at $5.8 billion (99%), Franchise at $31 million (1%), Franchise Royalty at $28 million (1%), and 1 more; 1 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.7 points a yeartop 35% of its family
  • the newest year's revenue growth9.4%top 23% of its family
  • three-year growth of capital spending16.3%top 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.8/10

Did its newest year beat what its own record pointed to?

top 42% of 39 in its family for expectations against reality.

weight 33% of this tense · 58th percentile among 39 sector filers · read for its shareholders

From the record

Texas Roadhouse, Inc.'s newest year against its own record: revenue of $5.9 billion in fiscal 2025 came in 5.4% below the $6.2 billion its prior three years' pace pointed to (bottom 45% of its family); net income of $414 million against a prior three-year average of $345 million (top 27%); a net margin of 7% against 7.3% before (top 45%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-5.4%bottom 45% of its family
  • net income against the prior three years' average+20%top 27% of its family
  • net margin against its prior average-0.3 pointstop 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TXRH · research, not advice