Company / Operating Margin
Texas Roadhouse Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
8.1%
FY2025
5-year range
7.6% / 9.6%
FY2021-FY2025
Trend
-15.9%
vs FY2024
Sector context
#98 of 195
Consumer Discretionary
What the data says
At 8.1%, Texas Roadhouse's operating margin ranks #98 of 195 in the Consumer Discretionary sector. Operating Margin has fluctuated over the past 10 years, ranging from 7.6% in FY2023 to 9.6% in FY2024.
Based on SEC 10-K filings.
8.1% in FY2025 with a 5-year CAGR of +0.4%.
Improved from 7.6% to 8.1% over the past 2 years.
Consumer Discretionary sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +0.1pp
- 5-Year Change
- +0.4pp
- 10-Year Change
- -
Sector benchmark
#98 of 195 in Consumer DiscretionaryTop 50% of 195This company 8.1% Sector average 3.6%
▼
+125.3% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 15.9% year-over-year.
- Currently 4.5pp above the Consumer Discretionary sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 30.6%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 8.1% | -15.9% |
| FY2024 | 9.6% | +25.8% |
| FY2023 | 7.6% | -4.3% |
| FY2022 | 8.0% | -7.0% |
| FY2021 | 8.6% | +12.3% |
| FY2020 | 7.6% | -8.9% |
| FY2019 | 8.4% | -2.9% |
| FY2018 | 8.6% | +8.0% |
| FY2017 | 8.0% | -3.0% |
| FY2016 | 8.3% | -2.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026