Texas Roadhouse (TXRH) Operating Margin (2010 - 2026)

Texas Roadhouse (TXRH) reported 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 17 years of Operating Margin data on file, last reported at 8.96% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 8.96%, down 35.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.02% (up 535.0% YoY), and the FY2025 annual result was 8.08%, up 603.0% from the prior year.
  • Operating Margin grew to 8.96% in Q1 2026 per TXRH's latest filing, from 6.53% in the prior quarter.
  • Over five years, Operating Margin peaked at 10.65% in Q2 2024 and troughed at 233.5% in Q4 2024.
  • A 5-year average of 5.95% and a median of 8.15% in 2023 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin plunged 24069 bps in 2024, then soared 24003 bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 6.82% in 2022, then increased by 5 bps to 7.19% in 2023, then slumped by 3345 bps to 233.5% in 2024, then surged by 103 bps to 6.53% in 2025, then jumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 8.69%
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 12.86%
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 31.28%
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 26.77%
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 12.15%
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 13.67%
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 8.96%
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 20.02%
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 1.02%
10 Dutch Bros 8.99 Bn 8.95 Bn 107.48 Mn 7.39%

Historic Data

Download Data
DateValue
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 -233.50%
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%
Jun 29, 2021 9.98%