Texas Roadhouse (TXRH) Operating Margin (2010 - 2026)
Texas Roadhouse's (TXRH) quarterly Operating Margin came in at 8.96% in Q1 2026, down 35.0% year-on-year from 13.79% in Q1 2025, and up 37.31% on a QoQ basis 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.
- On a quarterly basis, Operating Margin fell 35.0% year-over-year to 8.96% in Q1 2026; TTM through Mar 2026 was 8.02%, a 438.0% decrease from a year earlier, with the FY2025 full-year figure at 8.08%, down 154.0% from the prior year.
- Operating Margin for Q1 2026 stood at 8.96%, up from 6.53% in the prior quarter.
- Over the last five years, Operating Margin for TXRH reached as high as 120.8% in Q4 2024 and fell as low as 6.53% in Q4 2025.
- Historically, Operating Margin has averaged 14.89% across 5 years, with a median of 8.39% in 2022.
- Across the five-year window, Operating Margin jumped 11360 bps in 2024 and sank 11427 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 6.82% in 2022, then advanced by 5 bps to 7.19% in 2023, then soared by 1579 bps to 120.8% in 2024, then plunged by 95 bps to 6.53% in 2025, then jumped by 37 bps to 8.96% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 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 | 117.61 Bn | 115.91 Bn | 6.32 Bn | 8.69% |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 12.86% |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 31.28% |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 26.77% |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 13.90% |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 13.67% |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 8.96% |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 19.43% |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 7.39% |
| 10 | Brinker International | 7.99 Bn | 7.93 Bn | 1.10 Bn | 11.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 29, 2021 | 9.98% |