Cheesecake Factory (CAKE) Operating Margin (2009 - 2026)
Cheesecake Factory (CAKE) reported Operating Margin of 7.63% for Q2 2026, up 0.85 percentage points from 6.78% a year earlier and up 2.01 percentage points from the prior quarter.
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Analysis
Cheesecake Factory (CAKE) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cheesecake Factory's Operating Margin came in at 5.27%, down 0.11 percentage points year-over-year; for FY2025, it was 4.99%, up 0.01 percentage points from FY2024.
- Operating Margin has a five-year change of +22.51 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 4.98% in FY2024 (+1.82 pp), 3.16% in FY2023 and 2.81% in FY2021 (+20.33 pp).
- The Q2 2026 figure ranks as the highest quarterly Operating Margin since Q2 2015.
- Year over year, Operating Margin gained in five of the last seven quarters, with an average year-over-year change of +0.10 percentage points.
- The high point for year-over-year Operating Margin in five years was Q3 2021 (a gain of 10.89 percentage points); the low point was Q4 2025 (a drop of 1.61 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.62% (Q1 2026), 3.46% (Q4 2025) and 4.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 198.28 Bn | 193.10 Bn | 6.42 Bn | 47.02% |
| 2 | Starbucks | 125.06 Bn | 112.69 Bn | - | 10.52% |
| 3 | Yum Brands | 45.39 Bn | 42.27 Bn | 1.47 Bn | 30.20% |
| 4 | Chipotle Mexican Grill | 44.51 Bn | 41.01 Bn | - | 13.72% |
| 5 | Restaurant Brands International | 27.33 Bn | 24.70 Bn | 1.40 Bn | 27.56% |
| 6 | Darden Restaurants | 26.09 Bn | 25.18 Bn | 1.68 Bn | 9.98% |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 27.56% |
| 8 | Yum China Holdings | 17.13 Bn | 11.49 Bn | 537.00 Mn | 11.09% |
| 9 | Texas Roadhouse | 12.88 Bn | 12.25 Bn | - | 8.50% |
| 10 | Cheesecake Factory | 5.75 Bn | 4.86 Bn | - | 7.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 29, 2026 | 7.25% |
| Jun 30, 2026 | 7.63% |
| Mar 31, 2026 | 5.62% |
| Dec 30, 2025 | 3.46% |
| Sep 30, 2025 | 4.11% |
| Jul 1, 2025 | 6.78% |
| Apr 1, 2025 | 5.60% |
| Dec 31, 2024 | 5.06% |
| Oct 1, 2024 | 3.89% |
| Jul 2, 2024 | 6.49% |
| Apr 2, 2024 | 4.41% |
| Jan 2, 2024 | 5.30% |
| Oct 3, 2023 | 2.29% |
| Jul 4, 2023 | 5.48% |
| Apr 4, 2023 | 3.92% |
| Sep 27, 2022 | -0.28% |
| Jun 28, 2022 | 3.36% |
| Mar 29, 2022 | 3.57% |
| Dec 28, 2021 | 0.13% |
| Sep 28, 2021 | 4.16% |
API Access
Cheesecake Factory Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CAKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CAKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CAKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();