Texas Roadhouse (TXRH) Operating Margin (2010 - 2026)
Texas Roadhouse (TXRH) posted quarterly Operating Margin of 8.96% for Q1 2026, down 35.0% year-over-year from 13.79% in Q1 2025, and up 37.31% quarter-over-quarter from 6.53% in Q4 2025.
Texas Roadhouse (TXRH) Operating Margin (2010 - 2026) Analysis & Trends
Texas Roadhouse (TXRH) has reported Operating Margin for 17 consecutive years, with 8.96% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 35.0% year-over-year to 8.96%; the TTM figure through Mar 2026 stood at 8.02% (down 438.0% YoY), while the FY2025 annual figure was 8.08%, down 154.0% from the prior year.
- Operating Margin improved to 8.96% in Q1 2026 per TXRH's latest filing, from 6.53% in the prior quarter.
- Across five years, Operating Margin topped out at 120.8% in Q4 2024 and bottomed at 6.53% in Q4 2025.
- Historically, Operating Margin has averaged 14.89% across 5 years, with a median of 8.39% in 2022.
- Annual changes were most pronounced in 2024 — Operating Margin soared 11360 bps — and 2025, when it tumbled 11427 bps.
- Texas Roadhouse's Operating Margin stood at 6.82% in 2022, then rose by 5 bps to 7.19% in 2023, then jumped by 1579 bps to 120.8% in 2024, then plunged by 95 bps to 6.53% in 2025, then surged by 37 bps to 8.96% in 2026.
- Business Quant data shows TXRH's Operating Margin at 8.96% in Q1 2026, 6.53% in Q4 2025, and 6.75% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 47.02% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 10.52% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 15.70% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 30.20% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 28.41% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 13.90% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 28.41% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 11.09% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 8.50% |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | 19.43% |
Historic Data
Download 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% |