Texas Roadhouse, Inc.

TXRHNASDAQConsumer Cyclical● Active

$167.78

$-2.68(-1.57%)

Market Cap$11.0B

P/E Ratio—

52W High$197

52W Low$153.83

Avg Volume1.1M

Open$169.48

Beta0.81

Free Cash Flow Financials Revenue

Texas Roadhouse, Inc. (TXRH) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TXRH · free cash flow · updated Jun 8, 2026

Core FCF metrics

TXRH · FCF · TTM · margin & CAGR

Free cash flow was $342.1M for FY2025 (fiscal year ending 2025-12-30), down 14.3% year-over-year The FCF margin was 5.8%. Five-year CAGR stands at +35.1%.

FY2025 Free Cash Flow$342.1M▼ -14.3% YoY

Trailing 12M (TTM)$360.6Mtrailing 4 quarters sum

FCF Margin5.8%$342.1M ÷ revenue

3-Year CAGR+8.8%FY2022 → FY2025

5-Year CAGR+35.1%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TXRH · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$730.1M(388M)$342.1M▼ 14.3%5.8%

FY2024$753.6M(354M)$399.3M▲ +83.2%7.4%

FY2023$565.0M(347M)$217.9M▼ 17.9%4.7%

FY2022$511.7M(246M)$265.6M▼ 0.9%6.6%

FY2021$468.8M(201M)$268.1M▲ +252.6%7.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TXRH · P/FCF · FCF yield · FCF per share

Texas Roadhouse, Inc. (TXRH) trades at a FCF yield of 3.23% and a price-to-free-cash-flow ratio of 30.8x. FCF per share stands at $5.44, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.23%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$5.44

TTM FCF ÷ Shares Outstanding

Price / FCF

x30.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x33.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-30

Cash flow statement summary

TXRH · cash flow statement · operating / investing / financing

For FY2025, Texas Roadhouse, Inc. generated $730.1M in operating cash flow and spent 388M in capital expenditures, yielding $342.1M in free cash flow.

Operating Activities

+$730.1M

Cash from core business operations

2025-12-30

Investing Activities

−$480.5M

CapEx, acquisitions & investments

2025-12-30

Financing Activities

−$360.1M

Buybacks, dividends & debt

2025-12-30

FCF FormulaOperating CF ($730.1M) − |CapEx| (388M) = FCF ($342.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

TXRH vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Texas Roadhouse, Inc.YOU

TXRH

$342.1M-14.3%5.8%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Texas Roadhouse, Inc. (TXRH) reported free cash flow of $342.1M for FY2025 (fiscal year ending 2025-12-30), down 14.3% year-over-year. The FCF margin was 5.8%.

Based on available data, Texas Roadhouse, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $399.3M in FY2024. The 5-year CAGR stands at +35.1%.

Texas Roadhouse, Inc.'s FCF yield is 3.23% and price-to-FCF ratio is 30.8x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TXRH free cash flow · 8 questions

Texas Roadhouse, Inc. free cash flow was $342.1M for FY2025, down 14.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $360.6M.

TXRH free cash flowTXRH FCFTXRH FCF 2025TXRH free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Texas Roadhouse, Inc. · Texas Roadhouse, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026