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| 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 | -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% |