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TXRH

Texas Roadhouse NasdaqGS:TXRH Stock Report

Last Price

US$87.26

Market Cap

US$5.8b

7D

3.4%

1Y

-8.3%

Updated

02 Oct, 2022

Data

Company Financials +
TXRH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends4/6

TXRH Stock Overview

Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally.

Texas Roadhouse Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Texas Roadhouse
Historical stock prices
Current Share PriceUS$87.26
52 Week HighUS$96.41
52 Week LowUS$68.58
Beta0.98
1 Month Change-0.24%
3 Month Change15.90%
1 Year Change-8.32%
3 Year Change76.85%
5 Year Change74.14%
Change since IPO677.03%

Recent News & Updates

Sep 27

Texas Roadhouse: When The Financials Are As Good As The Steaks

Summary TXRH has a medium market cap and has been killing the competitors over the last 10 years. The company has one of the best financial statements I've ever looked at, with hidden owner earnings that you may not expect. They are a company that keeps spawning new brands. They might be one of the next compounders in the food industry. The company is also managed by one of the finest boards I've ever seen. Management is really a good capital allocator. Investment Thesis Texas Roadhouse (TXRH) is the largest steakhouse chain in the U.S. Despite the big size they already have in the US, they plan to open more restaurants, implement new brands and expand abroad where they might thrive even more. Management's capacity to allocate capital is very impressive. They are able to reach breakeven for any restaurant they open within 2 year. However what I really like of the company and what got me interested, it is its financial. For being a company that operates in the restaurant industry, TXRH looks in great financial health and its cash flows are astonishing. Even though the current headwinds might slow down the growth and reduce the marginality, the long term outlook appears positive. If the price had to drop and reach the target price I came up with, I would be more than willing to start building a position and keep the stock for the long term. Business Model The company is a growing restaurant company operating predominately in the casual dining segment. Their mission statement is "Legendary Food, Legendary Service." The company's operating strategy is designed to position each of the restaurants as the local hometown favorite for a broad segment of consumers seeking high quality, affordable meals served with friendly, attentive service. As of June 30, 2022, they own and operate 582 restaurants and have franchised an additional 62 domestic restaurants and 34 international restaurants. Of the 582 restaurants they own and operate, they operate 541 as Texas Roadhouse restaurants, 37 as Bubba’s 33 restaurants and four as Jaggers restaurants. Image created by author using data from TXRH's latest Q10 2. The second part of their business model structure are the restaurant franchise arrangements. As of June 30, 2022, they have 25 franchisees that operate 96 Texas Roadhouse restaurants in 23 states and ten foreign countries. financials/2022/q2/TXRH-Q2-2022-earnings-release.pdf Approximately 75% of the franchise restaurants are operated by ten franchisees and no franchisee operates more than 16 restaurants. Financials Income Statement When it comes to the financial statement the first voice that shows up is the revenue. The turnover has been going nothing but up, growing at a 12% CAGR over the last 10 years moving from $1.263 to $3.464 billion. The positive trend seems to continue even though the growth is likely to slow down in the future. financials/2022/q2/TXRH-Q2-2022-earnings-release.pdf Gross profits in the FY2021 were $627 million, growing almost as much as the revenue. The gross margins were 18%, slightly down compared to the previous years. It looks like the bigger they become the more costs they have to cope with. In fact 5 years ago the margins were almost 20%. I don't see this as much of a problem because they are still trying to grow, keeping competitive prices and entering in new markets. I feel that over the years this metric will eventually stabilise. Plus, they have been killing the competitors, gaining increasingly more market share, as we will see later on in the analysis. At the bottom line we find the Net Income. Texas reported for the FY2021 a net profit of $245 million, growing almost 250% in the last 10 years, compounding at 14,5% per year. As I will explain later on the valuations, the money that TXRH is able to print is much more appealing than what shows up on the obsolete and common net income. Balance Sheet Texas Roadhouse looks to be in great financial health, better that any restaurant company I have ever looked at. Let's start with the cash line. As of June 28, 2022, they have $180,411 million in cash and equivalents with a total current asset of $281 million. The total current liabilities amount to $529 million, which means they need to find roughly $250 million within a year. That brings their quick ratio to 0,53. Usually, a rate below 1 might show that the company doesn't have enough quick cash to meet all its short-term obligations, but that is not the case. Let's remember that Texas is a money printing machine, so they will be able to pay their debts without divesting from other assets or issuing new debt. Plus they found themselves in this situation only for reasons I will explain in a few moments in the cash flow statement, otherwise the rate would be around 1. Regarding the Total liabilities, during the last year they have been paying down their long term debt, passing from $190 million to $75 million, which compared to the amount of cash that they generate in free cash flow every year, the debt is practically nothing. Furthermore, the debt is not due for the next three years, so no concerns on that. The current total Equity is sitting around $1 billion, a number that over the last years has been steadily growing. A company that is able to increase their equity over time like that, shows good financial health. Image created by author using data from TXRH's latest Q10 Cash Flow Statement Here we can discover why Texas is really appealing. In FY21 they made $470 million in operating cash flow and spent $200 million in Capex, generating a free cash flow of roughly $270 million. When it comes to analysing how much a company generates exactly in FCF/owner earnings, we should distinguish the different expenses they cope with during the year in the capital expenditure section, but I'll explain it better in the valuation paragraph. Now, let's take a look at what they did during Q2. With regards to cash flow, they ended the second quarter with $180 million in cash, which is down $145 million from the end of the first quarter. Cash flow from operations of $111 million was more than offset by $60 million in capital expenditures, $31 million in dividend payments, $25 million in debt repayment and $128 million in share repurchases. With the addition of the 1.7 million shares that the company repurchased in the second quarter, they have now repurchased over 2.7 million shares of stock for $212.9 million this year. At the end of the second quarter, they have approximately $167 million remaining under their share repurchase program. They also acquired one franchise restaurant for $6.6 million, amounting in total for the first 6 fiscal months to $33 million. They continue to expect full year 2022 capital expenditures to be approximately $230 million. The statement below shows the cash flow activities (expenses) of the first H1. financials/2022/q2/TXRH-Q2-2022-earnings-release.pdf My view is that they will not buy back anymore shares for at least a year. The reason for this is because, if we assume that within a year they are able to generate the same amount of operating cash flow they did in the FY21, keeping the capital expenditures as they expect and paying dividends, they won't have enough money to buyback shares. They would have to either issue new debt or lower their expenses, if they intended to do it. It's more likely they will stop, at least for the moment, their repurchase program and keep paying down the debt rather than issuing a new one. All the data listed under financials can be found in the latest Q-10. Future outlook and growth For 2022, the Company plans to open approximately 21 Texas Roadhouse company locations and the franchise partners plan to open as many as five restaurants. In the first six months of 2022 the company has already opened eight company restaurants and three international franchises. Moreover, since Bubba’s 33 has had a great success so far, for 2022 they plan to open as many as four additional restaurants. At the moment only one restaurant has been opened. In the first half of 2022, the Company completed the acquisition of eight franchise restaurants for an aggregate purchase price of $33.1 million. They are currently not accepting new domestic Texas Roadhouse franchises. My take on that is that maybe over the years they might want to get rid of the franchise structure, at least in the US, in order to better their profits or maybe just buying out the most profitable ones, since they have been doing so for the last five years. Economics of developing Latest TXRH's annual report They expect the developing costs to be in 2022 around $6.5 million for the Texas Roadhouse restaurants and $7.3 million for the Bubba's 33. As they stated in the first fiscal 10-Q . Furthermore, they have entered into area development and franchise agreements for the development and operation of Texas Roadhouse restaurants in several foreign countries and one U.S. territory. On June 28, 2022 the total number of international restaurants were 34. Competitors Competition in the restaurant industry is very intense. Since we cannot take into analysis every restaurant chain, I believe that a better comparison would be just on focusing on steakhouse competitors that are publicly traded, have almost the same size and are as financially healthy as TXRH. The only company that has these kind of requirements is LongHorn Steakhouse owned by Darden Restaurants (NYSE:DRI). We could take into analysis also Outback Steakhouse owned by Bloomin' Brands Inc. (NASDAQ:BLMN), but the company is highly leveraged and a slightly overpriced, at least from my point of view. Furthermore LongHorn's quality of food appears to be better than Outback's. LongHorn total net sales for the FY22 were approximately $2.3 billion, 31% higher than the previous year. A stunning result, but we have to keep in mind that more than a half of their fiscal year was impacted by covid restrictions, so it makes sense they did not make much money back then. Darden Restaurants annual report 2022 Now, if we make a comparison with Texas Roadhouse, it's clear that the winner is only one. TXRH in same period of time grew its revenue by almost 50% compared to same previous period (LongHorn's FY21). The result is even more astonishing if we think that the two companies own almost the same number of restaurants. Just for instance, if we divided the total revenue (excluding franchise royalties and fees) with the number of restaurants owned and leased, TXRH makes about $6.5 million per restaurant, LongHorn only $4.4 million. Regarding instead the analysis of the financial statements, Darden Restaurants International (the company that owns LongHorn) appears to be slightly more leveraged compared to Texas Roadhouse. As of May 29,2022 their total cash on hands, equivalent and restricted cash amounted to around $430 million, instead their current liabilities were $1.85 billion, so within a year they must be able to find the $1.4 billion difference. It is true that they have also roughly $275 million in inventory, but it is always a tricky current asset. The long-term debt instead, consisted principally of: $500.0 million of unsecured 3.850 percent senior notes due in May 2027. $96.3 million of unsecured 6.000 percent senior notes due in August 2035. $42.8 million of unsecured 6.800 percent senior notes due in October 2037. $300.0 million of unsecured 4.550 percent senior notes due in February 2048. The latest Fitch's rating on Darden restaurants' debt is "BBB". On the cash flow side, in the FY22 they were able to generate $1.25 billion on operating, and spent on capital expenditures roughly $380 million. If they generate the same amount of cash flow for the next year and also reduce the capex and suspend dividends and the repurchase of shares, they might be able to pay all their current liabilities due, without resorting to issuing new debt. Otherwise they either divest a few assets, even though they do not own anything that can be turned into liquidity rapidly, or more likely, they will issue new debt. All the data reported cab be found in the latest annual report of Darden Restaurants. One last thought on Darden Restaurants. The company's financials seems to be well managed. If I instead had to assess instead management's honesty to customers, I would not give a good score. The problem is with their Olive Garden chain. They want you to think you are having a good Italian meal, but in reality the food is everything but Italian. Conference Call During the conference call a few matters arose, which are worth noticing. Regarding new openings and updates, at the begging of the call, the management stated that they expect to open 2 company-owned Jaggers and their first Jaggers franchise restaurant later this year.

Sep 21
A Look At The Intrinsic Value Of Texas Roadhouse, Inc. (NASDAQ:TXRH)

A Look At The Intrinsic Value Of Texas Roadhouse, Inc. (NASDAQ:TXRH)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Texas Roadhouse, Inc...

Sep 06
Is It Time To Consider Buying Texas Roadhouse, Inc. (NASDAQ:TXRH)?

Is It Time To Consider Buying Texas Roadhouse, Inc. (NASDAQ:TXRH)?

Texas Roadhouse, Inc. ( NASDAQ:TXRH ), is not the largest company out there, but it led the NASDAQGS gainers with a...

Shareholder Returns

TXRHUS HospitalityUS Market
7D3.4%-0.2%-2.5%
1Y-8.3%-34.1%-23.2%

Return vs Industry: TXRH exceeded the US Hospitality industry which returned -34.1% over the past year.

Return vs Market: TXRH exceeded the US Market which returned -23.2% over the past year.

Price Volatility

Is TXRH's price volatile compared to industry and market?
TXRH volatility
TXRH Average Weekly Movement4.3%
Hospitality Industry Average Movement7.3%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: TXRH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TXRH's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199373,300Jerry Morganhttps://www.texasroadhouse.com

Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names. As of December 28, 2021, it operated 566 domestic restaurants and 101 franchise restaurants.

Texas Roadhouse Fundamentals Summary

How do Texas Roadhouse's earnings and revenue compare to its market cap?
TXRH fundamental statistics
Market CapUS$5.83b
Earnings (TTM)US$253.29m
Revenue (TTM)US$3.78b

23.0x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TXRH income statement (TTM)
RevenueUS$3.78b
Cost of RevenueUS$3.13b
Gross ProfitUS$651.53m
Other ExpensesUS$398.24m
EarningsUS$253.29m

Last Reported Earnings

Jun 28, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.79
Gross Margin17.25%
Net Profit Margin6.71%
Debt/Equity Ratio7.9%

How did TXRH perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

47%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is TXRH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TXRH?

Other financial metrics that can be useful for relative valuation.

TXRH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA14.8x
PEG Ratio1.6x

Price to Earnings Ratio vs Peers

How does TXRH's PE Ratio compare to its peers?

TXRH PE Ratio vs Peers
The above table shows the PE ratio for TXRH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average47.9x
WING Wingstop
93.4x20.0%US$3.8b
WEN Wendy's
22.2x11.1%US$4.0b
DPZ Domino's Pizza
23.7x10.0%US$11.1b
ARMK Aramark
52.2x31.3%US$8.0b
TXRH Texas Roadhouse
23x14.1%US$5.8b

Price-To-Earnings vs Peers: TXRH is good value based on its Price-To-Earnings Ratio (23x) compared to the peer average (47.9x).


Price to Earnings Ratio vs Industry

How does TXRH's PE Ratio compare vs other companies in the US Hospitality Industry?

Price-To-Earnings vs Industry: TXRH is expensive based on its Price-To-Earnings Ratio (23x) compared to the US Hospitality industry average (16.9x)


Price to Earnings Ratio vs Fair Ratio

What is TXRH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TXRH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23x
Fair PE Ratio27.7x

Price-To-Earnings vs Fair Ratio: TXRH is good value based on its Price-To-Earnings Ratio (23x) compared to the estimated Fair Price-To-Earnings Ratio (27.7x).


Share Price vs Fair Value

What is the Fair Price of TXRH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TXRH ($88.39) is trading below our estimate of fair value ($98.18)

Significantly Below Fair Value: TXRH is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Texas Roadhouse forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TXRH's forecast earnings growth (14.1% per year) is above the savings rate (1.9%).

Earnings vs Market: TXRH's earnings (14.1% per year) are forecast to grow slower than the US market (14.8% per year).

High Growth Earnings: TXRH's earnings are forecast to grow, but not significantly.

Revenue vs Market: TXRH's revenue (7.6% per year) is forecast to grow slower than the US market (7.7% per year).

High Growth Revenue: TXRH's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TXRH's Return on Equity is forecast to be high in 3 years time (28.8%)


Discover growth companies

Past Performance

How has Texas Roadhouse performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


9.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TXRH has high quality earnings.

Growing Profit Margin: TXRH's current net profit margins (6.7%) are higher than last year (6.3%).


Past Earnings Growth Analysis

Earnings Trend: TXRH's earnings have grown by 9.1% per year over the past 5 years.

Accelerating Growth: TXRH's earnings growth over the past year (35.3%) exceeds its 5-year average (9.1% per year).

Earnings vs Industry: TXRH earnings growth over the past year (35.3%) underperformed the Hospitality industry 36.2%.


Return on Equity

High ROE: TXRH's Return on Equity (27.3%) is considered high.


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Financial Health

How is Texas Roadhouse's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TXRH's short term assets ($280.9M) do not cover its short term liabilities ($528.5M).

Long Term Liabilities: TXRH's short term assets ($280.9M) do not cover its long term liabilities ($839.2M).


Debt to Equity History and Analysis

Debt Level: TXRH has more cash than its total debt.

Reducing Debt: TXRH's debt to equity ratio has increased from 6.5% to 7.9% over the past 5 years.

Debt Coverage: TXRH's debt is well covered by operating cash flow (627.6%).

Interest Coverage: TXRH's interest payments on its debt are well covered by EBIT (149.8x coverage).


Balance Sheet


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Dividend

What is Texas Roadhouse current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.11%

Current Dividend Yield

Dividend Yield vs Market

Texas Roadhouse Dividend Yield vs Market
How does Texas Roadhouse dividend yield compare to the market?
SegmentDividend Yield
Company (Texas Roadhouse)2.1%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Hospitality)2.0%
Analyst forecast in 3 Years (Texas Roadhouse)2.4%

Notable Dividend: TXRH's dividend (2.11%) is higher than the bottom 25% of dividend payers in the US market (1.67%).

High Dividend: TXRH's dividend (2.11%) is low compared to the top 25% of dividend payers in the US market (4.73%).


Stability and Growth of Payments

Stable Dividend: TXRH's dividend payments have been volatile in the past 10 years.

Growing Dividend: TXRH's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (46.9%), TXRH's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (49.9%), TXRH's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Jerry Morgan (61 yo)

1.33yrs

Tenure

US$3,769,765

Compensation

Mr. Gerald L. Morgan, also known as Jerry, serves as the President at Texas Roadhouse, Inc. since December 2020 and also serves as its Chief Executive Officer since March 19, 2021 and serves as its Directo...


CEO Compensation Analysis

Jerry Morgan's Compensation vs Texas Roadhouse Earnings
How has Jerry Morgan's remuneration changed compared to Texas Roadhouse's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 28 2022n/an/a

US$253m

Mar 29 2022n/an/a

US$256m

Dec 28 2021US$4mUS$411k

US$245m

Sep 28 2021n/an/a

US$212m

Jun 29 2021n/an/a

US$188m

Mar 30 2021n/an/a

US$79m

Dec 29 2020US$4mUS$100k

US$31m

Compensation vs Market: Jerry's total compensation ($USD3.77M) is below average for companies of similar size in the US market ($USD8.66M).

Compensation vs Earnings: Insufficient data to compare Jerry's compensation with company performance.


Leadership Team

Experienced Management: TXRH's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: TXRH's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TXRH insiders have only sold shares in the past 3 months.


Recent Insider Transactions

NasdaqGS:TXRH Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
18 Aug 22SellUS$128,047Christopher ColsonIndividual1,357US$94.36
15 Aug 22SellUS$322,014Tonya RobinsonIndividual3,400US$94.71
08 Aug 22SellUS$222,500S. JacobsenIndividual2,500US$89.00
02 Aug 22SellUS$173,180Gregory MooreIndividual2,000US$86.59
03 Jun 22SellUS$237,000Hernan MujicaIndividual3,000US$80.02
23 May 22BuyUS$238,803Curtis WarfieldIndividual3,362US$71.03
20 May 22BuyUS$498,789James ZarleyIndividual7,069US$70.56
22 Mar 22SellUS$85,000Gregory MooreIndividual1,000US$85.00
07 Mar 22BuyUS$223,906Curtis WarfieldIndividual3,125US$71.65
01 Mar 22SellUS$229,908Tonya RobinsonIndividual2,499US$92.00
25 Feb 22SellUS$290,912Christopher ColsonIndividual3,241US$89.76
24 Feb 22SellUS$554,053Gregory MooreIndividual6,300US$90.00
08 Nov 21SellUS$550,950Gregory MooreIndividual6,000US$94.02

Ownership Breakdown

What is the ownership structure of TXRH?
Owner TypeNumber of SharesOwnership Percentage
Private Companies12,3520.02%
Individual Insiders386,8910.6%
Institutions68,793,11899.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 70.65% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
12.13%
BlackRock, Inc.
8,106,262$707.4m-0.26%0.02%
10.33%
The Vanguard Group, Inc.
6,907,665$602.8m2.04%0.01%
4.46%
Wellington Management Group LLP
2,983,412$260.3m103.42%0.05%
3.83%
Macquarie Investment Management Business Trust
2,560,882$223.5m11.28%0.25%
3.37%
Nordea Investment Management AB
2,254,678$196.7m23.7%0.18%
3.25%
State Street Global Advisors, Inc.
2,169,418$189.3m-1.19%0.01%
3.09%
Bank of America Corporation, Asset Management Arm
2,063,053$180.0m21.44%0.07%
2.9%
J.P. Morgan Asset Management, Inc.
1,935,440$168.9m57.58%0.03%
2.57%
Neuberger Berman Investment Advisers LLC
1,716,259$149.8m-0.57%0.15%
2.21%
AllianceBernstein L.P.
1,474,244$128.6m794.23%0.05%
1.94%
GW&K Investment Management, LLC
1,298,938$113.3m-10%1.26%
1.83%
Geode Capital Management, LLC
1,221,514$106.6m-2.58%0.01%
1.79%
Invesco Ltd.
1,196,161$104.4m1.09%0.04%
1.68%
Dimensional Fund Advisors LP
1,122,466$97.9m1.87%0.03%
1.67%
Eaton Vance Management
1,116,703$97.4m15.33%0.04%
1.64%
Ninety One UK Limited
1,098,898$95.9m0%0.16%
1.62%
Millennium Management LLC
1,082,220$94.4m-10.64%0.13%
1.55%
Holocene Advisors, LP
1,034,716$90.3m779.05%0.58%
1.48%
SPF Beheer B.V.
989,308$86.3m0%3.04%
1.33%
Charles Schwab Investment Management, Inc.
886,103$77.3m3.84%0.02%
1.32%
Northern Trust Global Investments
879,152$76.7m-4.79%0.02%
1.24%
BNY Mellon Asset Management
827,956$72.2m-3.68%0.02%
1.18%
Loomis Sayles & Company, L.P.
791,541$69.1m-0.62%0.13%
1.14%
Nationwide Fund Advisors
761,128$66.4m-0.87%0.5%
1.13%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
756,182$66.0m-5.6%0.02%

Company Information

Texas Roadhouse, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Texas Roadhouse, Inc.
  • Ticker: TXRH
  • Exchange: NasdaqGS
  • Founded: 1993
  • Industry: Restaurants
  • Sector: Consumer Services
  • Implied Market Cap: US$5.834b
  • Shares outstanding: 66.85m
  • Website: https://www.texasroadhouse.com

Number of Employees


Location

  • Texas Roadhouse, Inc.
  • 6040 Dutchmans Lane
  • Louisville
  • Kentucky
  • 40205
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TXRHNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDOct 2004
ROWDB (Deutsche Boerse AG)YesCommon StockDEEUROct 2004

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/02 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/28
Annual Earnings2021/12/28


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.