Cheesecake Factory (CAKE) Return on Invested Capital [ROIC] (2010 - 2026)
Cheesecake Factory's Return on Invested Capital [ROIC] came in at 19.34% for Q3 2026, up 1.89 percentage points from 17.45% a year earlier and up 2.24 percentage points from the prior quarter.
Cheesecake Factory (CAKE) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Cheesecake Factory's Return on Invested Capital [ROIC] was 17.40%, down 2.02 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +51.96 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 19.42% in FY2024 (+5.39 pp), 14.03% in FY2023 and 12.06% in FY2021 (+46.63 pp).
- The Q3 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- Year-over-year, Return on Invested Capital [ROIC] increased in 1 of the last eight quarters, with an average year-over-year change of -1.58 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2021 (a gain of 49.43 percentage points), and the weakest in Q3 2025 (a drop of 3.67 percentage points).
- Business Quant data shows CAKE's Return on Invested Capital [ROIC] at 17.09% (Q2 2026), 16.03% (Q1 2026) and 16.09% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 195.98 Bn | 190.80 Bn | 6.42 Bn | 25.90% |
| 2 | Starbucks | 120.13 Bn | 107.76 Bn | - | 31.38% |
| 3 | Yum Brands | 44.36 Bn | 41.25 Bn | 1.47 Bn | 54.94% |
| 4 | Chipotle Mexican Grill | 43.92 Bn | 40.41 Bn | - | - |
| 5 | Restaurant Brands International | 27.10 Bn | 22.88 Bn | 1.40 Bn | 13.74% |
| 6 | Darden Restaurants | 25.62 Bn | 24.72 Bn | 1.68 Bn | 31.98% |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 13.74% |
| 8 | Yum China Holdings | 17.38 Bn | 11.04 Bn | 537.00 Mn | 16.46% |
| 9 | Texas Roadhouse | 12.08 Bn | 11.42 Bn | - | 26.02% |
| 10 | Cheesecake Factory | 4.99 Bn | 4.10 Bn | - | 19.34% |
Historic Data
| Date | Value |
|---|---|
| Sep 29, 2026 | 19.34% |
| Jun 30, 2026 | 17.09% |
| Mar 31, 2026 | 16.03% |
| Dec 30, 2025 | 16.09% |
| Sep 30, 2025 | 17.45% |
| Jul 1, 2025 | 18.05% |
| Apr 1, 2025 | 19.11% |
| Dec 31, 2024 | 18.54% |
| Oct 1, 2024 | 21.12% |
| Jul 2, 2024 | 20.53% |
| Apr 2, 2024 | 20.02% |
| Jan 2, 2024 | 19.54% |
| Oct 3, 2023 | 11.76% |
| Jul 4, 2023 | 12.80% |
| Apr 4, 2023 | 10.43% |
| Sep 27, 2022 | 6.65% |
| Jun 28, 2022 | 10.74% |
| Mar 29, 2022 | 12.49% |
| Dec 28, 2021 | 10.40% |
| Sep 28, 2021 | 5.53% |
Cheesecake Factory Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CAKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CAKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();