Texas Roadhouse (TXRH) Operating Margin (2010 - 2026)
Texas Roadhouse's (TXRH) quarterly Operating Margin came in at 8.5% in Q2 2026, down 118.0% year-over-year from 47.22% in Q2 2025, and down 5.15% quarter-over-quarter from 8.96% in Q1 2026.
Texas Roadhouse (TXRH) Operating Margin (2010 - 2026) Analysis & Trends
Texas Roadhouse (TXRH) has reported Operating Margin for 17 consecutive years, with 8.5% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 118.0% year-over-year to 8.5% in Q2 2026; TTM through Jun 2026 was 7.75%, a 425.0% decrease from a year earlier, with the FY2025 full-year figure at 8.08%, down 154.0% from the prior year.
- Operating Margin was 8.5% for Q2 2026 at Texas Roadhouse, down from 8.96% in the prior quarter.
- Over five years, Operating Margin peaked at 120.8% in Q4 2024 and troughed at 6.53% in Q4 2025.
- A 5-year average of 14.54% and a median of 8.44% in 2022 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin surged 11360 bps in 2024 and plunged 11427 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 6.82% in 2022, then grew by 5 bps to 7.19% in 2023, then surged by 1579 bps to 120.8% in 2024, then plunged by 95 bps to 6.53% in 2025, then surged by 30 bps to 8.5% in 2026.
- The last three Operating Margin figures came in at 8.5% (Q2 2026), 8.96% (Q1 2026), and 6.53% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 47.02% |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 10.52% |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 15.70% |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 30.20% |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 28.41% |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 13.90% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 28.41% |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 11.09% |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 8.50% |
| 10 | Dominos Pizza | 9.81 Bn | 9.60 Bn | 478.23 Mn | 19.43% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.50% |
| Mar 31, 2026 | 8.96% |
| Dec 30, 2025 | 6.53% |
| Sep 30, 2025 | 6.75% |
| Jul 1, 2025 | 9.68% |
| Apr 1, 2025 | 9.31% |
| Dec 31, 2024 | 120.80% |
| Sep 24, 2024 | 8.01% |
| Jun 25, 2024 | 10.65% |
| Mar 26, 2024 | 10.08% |
| Dec 26, 2023 | 7.19% |
| Sep 26, 2023 | 6.58% |
| Jun 27, 2023 | 8.15% |
| Mar 28, 2023 | 8.60% |
| Dec 27, 2022 | 6.82% |
| Sep 27, 2022 | 7.58% |
| Jun 28, 2022 | 8.39% |
| Mar 29, 2022 | 9.13% |
| Dec 28, 2021 | 7.24% |
| Sep 28, 2021 | 7.10% |
Texas Roadhouse 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=TXRH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "TXRH", "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=TXRH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();