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
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 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%