Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
CAKE · Nasdaq · United States · Retail-Eating Places
In shortCHEESECAKE FACTORY INC is profitable, generates cash and carries moderate debt, with revenue growing (+4.7% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 5.0% | 33/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 4.0% | 36/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 33.7% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 16.0% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.59× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.44× | 31/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.40× | 74/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.31 | 5/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.1% | 37/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.04× | 93/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 18.8% | 42/100 |
| Operating margin volatility | 1.6% | 94/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.3% | 41/100 |
|---|---|---|
| EPS growth, 3-year average | 52.7% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY23 | FY24 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,928 | 3,303 | 3,440 | 3,582 | 3,752 |
| Cost of revenue | 653 | – | – | – | – |
| Gross profit | 2,274 | – | – | – | – |
| Operating income | 82 | 39 | 109 | 178 | 187 |
| Pre-tax income | 72 | 33 | 100 | 171 | 163 |
| Income tax | (0.8) | (10) | (1.3) | 14 | 14 |
| Net income | 72 | 43 | 101 | 157 | 148 |
| Diluted EPS | $1.01 | $0.86 | $2.07 | $3.20 | $3.06 |
| Diluted shares (millions) | 49 | 50 | 49 | 49 | 49 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
1.31 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 3, 2026