TXRH vs CBRL vs BJRI Stock Comparison

Texas Roadhouse, Cracker Barrel Old Country Store and BJs RESTAURANTS Prices as of Oct 26, 2026 Peers: Industry group
TXRH Texas Roadhouse, Inc.
$165.82 +3.8% 1M -5.5% 1Y
Market cap
$10.95B
P/E
26.5x
Revenue (TTM)
$6.23B
Div. yield
0.02%
Full-Service Restaurants Consumer Discretionary
10 wins
BJRI BJs RESTAURANTS INC
$57.91 -3.7% 1M +75.6% 1Y
Market cap
$1.21B
P/E
29.5x
Revenue (TTM)
$1.43B
Div. yield
–
Full-Service Restaurants Consumer Discretionary
1 win

Head to Head

12 decided of 12

Texas Roadhouse leads on 10 of the 12 questions below (Texas Roadhouse 10, BJs RESTAURANTS 1, Cracker Barrel Old Country Store 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTXRHCBRLBJRILeader
Larger companyMarket capitalisation $10.95B $1.52B $1.21B TXRH
Cheaper on earningsLower P/E, profitable companies only 26.5x 48.1x 29.5x TXRH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.7x 32.2x 23.2x BJRI
Faster revenue growthRevenue growth, trailing twelve months +9.9% -4.7% +3.5% TXRH
More profitableNet margin, trailing twelve months 6.6% 1.0% 2.9% TXRH
Better return on capitalReturn on invested capital 26.0% -1.4% 9.0% TXRH
Less leveragedLower net debt / EBITDA -0.2x 2.7x 0.2x TXRH
Higher dividend yieldTrailing dividend yield 0.02% 0.02% 0.00% TXRH
Better 1-year returnPrice return, last 12 months -5.5% +89.9% +75.6% CBRL
Better 5-year returnAnnualised price return, 5 years +13.4%/yr -11.8%/yr +11.6%/yr TXRH
Less volatileAnnualised volatility, 1 year 31.1% 57.5% 43.5% TXRH
Higher overall scoreMean of the five percentile scores vs peers 60/100 35/100 59/100 TXRH

Percentile Scorecard

TXRHCBRLBJRI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTXRHCBRLBJRI
Valuation 37 #32 of 50 57 #22 of 50 55 #23 of 50
Growth 54 #22 of 47 9 #43 of 47 57 #21 of 47
Profitability 78 #11 of 46 38 #29 of 46 53 #22 of 46
Financial Health 72 #15 of 51 38 #32 of 51 62 #20 of 51
Shareholder Returns 59 #14 of 33 31 #23 of 33 66 #12 of 33
Overall 60 35 59
  • TXRH ranked among 53 companies in Restaurants
  • CBRL ranked among 53 companies in Restaurants
  • BJRI ranked among 53 companies in Restaurants

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTXRHCBRLBJRISPY
1 month +3.8%+32.9%-3.7% -0.8%
3 months -17.5%+31.3%-15.9% +3.5%
6 months +5.0%+121.6%+54.5% +7.0%
Year to date -0.1%+171.0%+47.0% +12.2%
1 year -5.5%+89.9%+75.6% +13.0%
3 years +69.7%+6.5%+126.1% +86.3%
3 years, per year +19.3%+2.1%+31.3% +23.1%
5 years +87.4%-46.6%+73.3% +68.6%
5 years, per year +13.4%-11.8%+11.6% +11.0%
10 years +326.7%-47.9%+72.1% +258.0%
10 years, per year +15.6%-6.3%+5.6% +13.6%

Risk

MeasureTXRHCBRLBJRISPY
Volatility, 1Y 31.1%57.5%43.5% 12.7%
Downside volatility, 1Y 27.9%54.0%39.0% 12.7%
Beta vs S&P 500, 1Y 0.200.350.78 1.00
Return / volatility, 1Y -0.181.561.74 1.02
Max drawdown, 5Y -27.3%-83.2%-45.6% -25.4%
From 52-week high -22.6%-0.3%-22.0% -1.8%
52-week high $214.28$69.02$74.26 $779.14
52-week low $155.88$25.02$28.69 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTXRHCBRLBJRI
P/E now vs peer median 26.4xmedian 20.5x 48.5xmedian 20.5x 29.8xmedian 20.5x
P/S now vs peer median 1.7xmedian 1.1x 0.5xmedian 1.1x 0.9xmedian 1.1x
EV/EBITDA now vs peer median 15.2xmedian 13.3x 16.2xmedian 13.3x 10.2xmedian 13.3x
P/FCF now vs peer median 26.8xmedian 17.5x 17.4xmedian 17.5x 26.7xmedian 17.5x
P/B now vs peer median 6.9xmedian 3.1x 3.2xmedian 3.1x 3.1xmedian 3.1x
PEG now vs peer median 2.00median 1.07 -1.52median 1.07 0.63median 1.07

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTXRHCBRLBJRI
Revenue $6.23B $3.32B $1.43B
Gross profit – $2.29B $1.07B
Operating income $482.80M -$12.47M $39.21M
Net income $422.09M $31.68M $40.92M
Free cash flow $406.39M $88.42M $45.99M
EPS (diluted) $6.27 $1.40 $1.87
Cash & equivalents $202.43M $36.54M $14.43M
Total debt $50.00M $1.91B $44.00M
Shares (diluted) 65.92M 22.55M 21.89M
Enterprise value $10.29B $1.44B $1.12B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTXRHCBRLBJRI
P/E 26.4x 48.5x 29.8x
P/FCF 26.8x 17.4x 26.7x
P/Operating cash flow 13.5x 7.5x 10.4x
P/S 1.7x 0.5x 0.9x
P/B 6.9x 3.2x 3.1x
P/Tangible book 7.0x 3.2x 3.1x
EV/EBITDA 15.2x 16.2x 10.2x
EV/EBIT 22.2x -147.5x 32.0x
EV/Revenue 1.7x 0.6x 0.9x
EV/FCF 26.4x 20.8x 27.3x
EV/Operating cash flow 13.3x 8.9x 10.7x
PEG (3Y EPS CAGR) 2.00 -1.52 0.63

Growth

14 metrics
MetricTXRHCBRLBJRI
Revenue growth (1Y) 9.9% -4.7% 3.5%
Revenue CAGR (3Y) 12.7% -1.2% 2.5%
Gross profit growth (1Y) – -4.6% 3.7%
Gross profit CAGR (3Y) – -0.3% 3.1%
Operating income growth (1Y) -7.4% -122.7% 36.3%
Operating income CAGR (3Y) 12.3% -28.1% 53.7%
Net income growth (1Y) -5.8% -31.7% 48.8%
Net income CAGR (3Y) 12.2% -31.6% 42.8%
EPS growth (1Y) -4.7% -31.9% 56.1%
EPS CAGR (3Y) 13.2% -31.9% 47.1%
Operating cash flow growth (1Y) 8.2% -5.8% -6.5%
Operating cash flow CAGR (3Y) 17.0% -6.3% –
Free cash flow growth (1Y) 8.8% 48.0% -13.6%
Free cash flow CAGR (3Y) 24.8% -10.5% –

Profitability

14 metrics
MetricTXRHCBRLBJRI
Gross margin – 69.1% 74.5%
EBITDA margin 11.3% 3.4% 8.6%
Operating margin 7.7% -0.4% 2.7%
Pretax margin 7.8% 0.6% 2.7%
Net margin 6.6% 1.0% 2.9%
FCF margin 6.5% 2.7% 3.2%
Operating cash flow margin 12.9% 6.2% 8.2%
Return on equity 27.1% 6.7% 10.6%
Return on assets 11.6% 1.5% 4.1%
Return on invested capital 26.0% -1.4% 9.0%
Return on capital employed 17.0% -0.8% 4.8%
Asset turnover 1.7x 1.6x 1.4x
Cash conversion (OCF / net income) 1.9x 6.5x 2.9x
Stock comp / revenue 0.8% 0.3% 0.7%

Financial Health

11 metrics
MetricTXRHCBRLBJRI
Debt / assets 1.4% 16.7% 4.4%
Debt / equity 0.0x 0.7x 0.1x
Net debt / EBITDA -0.2x 2.7x 0.2x
Debt / FCF 0.1x 3.8x 1.0x
Liabilities / assets 57.0% 76.4% 59.9%
Equity / assets 43.0% 23.6% 40.1%
Interest coverage – – –
Current ratio 0.5x 0.6x 0.3x
Quick ratio 0.3x 0.2x 0.2x
Cash ratio 0.3x 0.1x 0.1x
Altman Z-score 5.70 2.42 3.11

Shareholder Returns

7 metrics
MetricTXRHCBRLBJRI
Dividend yield 1.8% 1.5% –
Net buyback yield 1.5% – 3.2%
Shareholder yield 3.3% 1.5% 3.2%
Payout ratio (earnings) 44.7% 73.1% –
Payout ratio (FCF) 46.4% 26.2% –
Dividend growth (1Y) 9.9% 0.2% –
Dividend CAGR (3Y) 11.7% -41.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTXRHCBRLBJRI
Forward P/E 24.7xFY2026 32.2xFY2027 23.2xFY2026
EPS, next fiscal year $6.71FY2026 $2.14FY2027 $2.50FY2026
EPS growth, next FY +10.0%FY2026 +167.5%FY2027 +10.6%FY2026
EPS growth, the year after +10.6% +5.6% +2.0%
Revenue, next fiscal year $6.74BFY2026 $3.54BFY2027 $1.49BFY2026
Revenue growth, next FY +14.7%FY2026 +6.6%FY2027 +6.4%FY2026
Revenue growth, the year after +8.4% -8.3% +5.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTXRHCBRLBJRI
Held by institutions 99.0% 100.0% 99.3%
Institutions holding 646 270 194
Change in shares held, QoQ -1.0% +12.2% +3.7%
Institutions buying 311 150 99
Institutions selling 249 69 66
Buyers to sellers 1.25 2.17 1.50

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TXRHCBRLBJRI
TXRH 1.00 0.37 0.45
CBRL 0.37 1.00 0.47
BJRI 0.45 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TXRH, CBRL and BJRI?

Texas Roadhouse (TXRH) is the largest by market capitalisation: Texas Roadhouse (TXRH) $10.95B, Cracker Barrel Old Country Store (CBRL) $1.52B, BJs RESTAURANTS (BJRI) $1.21B.

Which stock is cheaper, TXRH, CBRL and BJRI?

Texas Roadhouse (TXRH) trades on the lowest price-to-earnings ratio (Texas Roadhouse (TXRH) 26.5x, Cracker Barrel Old Country Store (CBRL) 48.1x, BJs RESTAURANTS (BJRI) 29.5x). On next year's consensus earnings, BJs RESTAURANTS (BJRI) is cheapest (Texas Roadhouse (TXRH) 24.7x, Cracker Barrel Old Country Store (CBRL) 32.2x, BJs RESTAURANTS (BJRI) 23.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Texas Roadhouse (TXRH) grew revenue fastest over the trailing twelve months: Texas Roadhouse (TXRH) +9.9%, Cracker Barrel Old Country Store (CBRL) -4.7%, BJs RESTAURANTS (BJRI) +3.5%.

Which company is more profitable?

Texas Roadhouse (TXRH) has the highest net margin (Texas Roadhouse (TXRH) 6.6%, Cracker Barrel Old Country Store (CBRL) 1.0%, BJs RESTAURANTS (BJRI) 2.9%). On return on invested capital, Texas Roadhouse (TXRH) leads (Texas Roadhouse (TXRH) 26.0%, Cracker Barrel Old Country Store (CBRL) -1.4%, BJs RESTAURANTS (BJRI) 9.0%).

Which stock has performed better?

Over the past year Cracker Barrel Old Country Store (CBRL) returned the most: Texas Roadhouse (TXRH) -5.5%, Cracker Barrel Old Country Store (CBRL) +89.9%, BJs RESTAURANTS (BJRI) +75.6%. Over five years, Texas Roadhouse (TXRH) compounded fastest (Texas Roadhouse (TXRH) +13.4%/yr, Cracker Barrel Old Country Store (CBRL) -11.8%/yr, BJs RESTAURANTS (BJRI) +11.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Texas Roadhouse (TXRH) has the highest dividend yield: Texas Roadhouse (TXRH) 0.02%, Cracker Barrel Old Country Store (CBRL) 0.02%, BJs RESTAURANTS (BJRI) 0.00%. BJs RESTAURANTS (BJRI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Texas Roadhouse (TXRH) has been the steadiest (Texas Roadhouse (TXRH) 31.1%, Cracker Barrel Old Country Store (CBRL) 57.5%, BJs RESTAURANTS (BJRI) 43.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TXRH, CBRL and BJRI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Texas Roadhouse (TXRH) leads on 10. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.