TXRH Texas Roadhouse, Inc. - Common Stock

NASDAQ · Hotels, Restaurants & Leisure · View on SEC EDGAR ↗
$204.17
Price · Aug 18, 2026
Fundamentals as of Aug 7, 2026

About Texas Roadhouse, Inc. - Common Stock Company overview from Wikipedia

Texas Roadhouse is an American steakhouse chain that specializes in steaks in a Texan and Southwestern cuisine style. It is a subsidiary of Texas Roadhouse Inc, which has two other concepts and is headquartered in Louisville, Kentucky. As of August 2025, the chain operates about 800 locations in 49 U.S. states and 70 international locations in 11 countries.

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Texas Roadhouse is an American steakhouse chain that specializes in steaks in a Texan and Southwestern cuisine style. It is a subsidiary of Texas Roadhouse Inc, which has two other concepts (Bubba's 33 and Jaggers) and is headquartered in Louisville, Kentucky. As of August 2025, the chain operates about 800 locations in 49 U.S. states and 70 international locations in 11 countries.

History

Texas Roadhouse was established in 1993, at the Green Tree Mall in Clarksville, Indiana, across the Ohio River from Louisville, Kentucky. Founder W. Kent Taylor, a Louisville native, lived in Colorado and worked at nightclubs and restaurants there. In 1990, Taylor returned to his hometown of Louisville, Kentucky. He began work as a Kentucky Fried Chicken manager and had dreams to open a Colorado-themed restaurant. Former Kentucky governor John Y. Brown, Jr. helped Taylor fulfill his dream by backing him with $80,000. In 1991, Taylor opened Buckhead Mountain Grill. Taylor was his own executive chef. Brown invested more money and wanted to open a second store in Clarksville, but complications in the partnership caused it to fall apart.

Brown had elected to pursue another steak concept without Taylor, leaving Taylor with the decision to either stay committed to Buckhead or attempt to start a new business. He decided to go with the latter; however, he had trouble finding investors to help him launch the new concept. Taylor was turned down by many potential investors. Finally, Taylor met a potential investor while he was managing at Buckhead. Dr. John Rhodes became interested in Taylor's proposition of the new steak restaurant concept that Taylor showed to him through drawings on loose papers and cocktail napkins. Taylor was able to convince Dr. Rhodes and two of his colleagues to invest $100,000 each in 1992. A year later on February 17, 1993, the first Texas Roadhouse in Clarksville, Indiana opened its doors. In 1994, Taylor sold his shares in Buckhead Mountain Grill to focus solely on Texas Roadhouse.

In 1993, the second Texas Roadhouse opened in Gainesville, Florida. In 1994, three additional restaurants opened in Cincinnati; Ohio, Clearwater, Florida; and Sarasota, Florida. These three locations would all close because of poor building locations. Kent Taylor was forced to decide how to continue the success of the first two restaurants in Clarksville and Gainesville while dealing with the failures of the three new stores. Taylor decided that better in-store training, building designs, and restaurant decor would help improve Roadhouse's growth. Taylor hired a promising chef who worked in Louisville, Kentucky, Jim Broyles. Broyles was hired as the Director of Food and Beverages and transformed the way Roadhouse prepared and served food. The chain expanded rapidly in the late 1990s, and by the end of 1999, 67 restaurants had been opened. In 2004, Roadhouse became a public company, listing under the symbol "TXRH" on Nasdaq at a price of $17.50 per share and raising $159.3 million. In September 2011, Texas Roadhouse started their international expansion with the first international location in Dubai in the United Arab Emirates. During the COVID-19 Pandemic in 2020, Taylor donated his entire salary and bonus, totaling over $800,000, to his employees.

After struggling with unbearable tinnitus, Taylor died by suicide on March 18, 2021, at the age of 65. It was announced that Jerry Morgan would take over the role of president and CEO.

Taylor's memoir, Made From Scratch: The Legendary Success Story of Texas Roadhouse, was published posthumously.

In April 2025, Texas Roadhouse became the largest casual-dining restaurant chain in the United States according to data from Technomic on the Top 500 largest restaurant chains in the U.S. surpassing previous leader Olive Garden.

Finance

The key financial trends for Texas Roadhouse, Inc. are as follows, based on fiscal years ending December 31:

In the first quarter of 2025, the company posted a 10% year-over-year rise in revenue to nearly $1.5 billion, with earnings per share of $1.70, and same‑store sales growth of 3.5%, outperforming analysts' expectations.

Animal welfare and sustainability

According to Texas Roadhouse Corporate Sustainability Report 2023, Texas Roadhouse is committed to audits by independent third-party auditors ensuring that they adhere to FDA guidelines and also "ensure that the animals are treated with respect and cared for in accordance with the principles of the Farm Animal Welfare Committee (FAWC) and under the guidance of the “Five Freedoms” of animal welfare".

Operations and marketing

Texas Roadhouse's mission statement is "Legendary Food, Legendary Service". Their mascot is an armadillo named Andy. The company's restaurants offer entertainment in the form of line dancing. The waiters, waitresses and hosts perform these dances throughout the night. The employees participate in intercompany competitions: bartenders compete in "The Real Bar" competition, and meat cutters in the annual "Meat Hero Competition".

The Roadhouse Corporation supports the homebuilding programs Habitat for Humanity International and Homes For Our Troops. The company also sponsors a road cycling team of about 20 cyclists. Texas Roadhouse is a major supporter of Special Olympics.

Each restaurant had a table called "Willie's Corner", with pictures and memorabilia of Willie Nelson. In 2002, Nelson signed a deal to become an official partner of Texas Roadhouse. Since then, Nelson has heavily promoted the chain, including a special on Food Network. Willie Nelson is the owner of Texas Roadhouse in South Austin, TX.

Cuisine

Texas Roadhouse serves Texan and American cuisine, including steak, ribs, chicken, and seafood.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

TXRH Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$204.17
Market Cap
$13.46B
P/E (TTM)
33.5
EPS (TTM)
$6.10
Revenue (TTM)
$5.88B
Div Yield
1.3%
ROE
29.4%
Debt/Equity
52W Range
$154 – $216

TXRH Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $5.88B
5-point trend, +69.7%
2021-12-28 2025-12-30
EPS $6.10
5-point trend, +74.3%
2021-12-28 2025-12-30
Free Cash Flow $342M
5-point trend, +27.6%
2021-12-28 2025-12-30
Margins 7.0%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
TXRH
Peer Median
P/E (TTM)
5-point trend, +7.1%
33.5
27.5
P/S (TTM)
5-point trend, +4.5%
2.3
2.1
P/B
5-point trend, +28.4%
9.2
8.9
Price / FCF
5-point trend, +39.0%
39.4

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
TXRH
Peer Median
Operating Margin
5-point trend, -5.8%
8.1%
Net Profit Margin
5-point trend, -0.4%
7.0%
7.8%
ROA
5-point trend, +21.2%
12.3%
6.9%
ROE
5-point trend, +18.9%
29.4%
31.4%
ROIC
5-point trend, +26.2%
28.0%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
TXRH
Peer Median
Current Ratio
5-point trend, -46.9%
0.5
1.1
Quick Ratio
5-point trend, -53.5%
0.4

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
TXRH
Peer Median
Revenue YoY
5-point trend, +69.7%
9.4%
Revenue CAGR 3Y
5-point trend, +69.7%
13.6%
Revenue CAGR 5Y
5-point trend, +69.7%
19.6%
EPS YoY
5-point trend, +74.3%
-5.7%
Net Income YoY
5-point trend, +63.6%
-6.8%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
TXRH
Peer Median
EPS (Diluted)
5-point trend, +74.3%
$6.10

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
TXRH
Peer Median
Payout Ratio
5-point trend, +27.6%
43.5%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
1.3%
Payout Ratio
43.5%
5Y Div CAGR
Ex-dateAmount
June 2, 2026$0.7500
March 17, 2026$0.7500
Dec. 2, 2025$0.6800
Sept. 2, 2025$0.6800
June 3, 2025$0.6800
March 18, 2025$0.6800
Dec. 10, 2024$0.6100
Sept. 4, 2024$0.6100
June 12, 2024$0.6100
March 12, 2024$0.6100
Dec. 5, 2023$0.5500
Sept. 5, 2023$0.5500
June 6, 2023$0.5500
March 7, 2023$0.5500
Dec. 6, 2022$0.4600
Sept. 6, 2022$0.4600
June 7, 2022$0.4600
March 8, 2022$0.4600
Dec. 7, 2021$0.4000
Sept. 7, 2021$0.4000

TXRH Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 34 analysts
  • Strong Buy 6 17.6%
  • Buy 13 38.2%
  • Hold 15 44.1%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

23 analysts · 2026-08-19
Median target $220.00 +7.8%
Mean target $217.74 +6.6%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.08%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.85 $1.86 -0.01%
March 31, 2026 $1.87 $1.85 0.02%
Dec. 31, 2025 $1.28 $1.54 -0.26%
Sept. 30, 2025 $1.25 $1.31 -0.06%
June 30, 2025 $1.86 $1.95 -0.09%
March 31, 2025 $1.70 $1.80 -0.10%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
TXRH $11.03B 27.4 9.4% 7.0% 29.4%
YUM 27.3 8.8% 19.0% -20.8%
CMG 32.5 5.4% 12.9% 48.3%
QSR $23.63B 29.0 12.2% 11.4% 31.9%
DRI $23.27B 19.6 9.4% 9.1% 56.3% 20.3%
ARMK $10.25B 32.0 6.3% 1.8% 10.6%
DPZ $14.31B 24.2 5.0% 12.2% -15.3% 40.0%
EAT $7.86B 21.2 21.9% 7.1% 152.5%
BROS 95.7 27.9% 4.9% 13.1%
CAVA $6.99B 111.4 22.4% 5.4% 8.3%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 13
Annual Income Statement data for TXRH
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +271.5% $5.88B $5.37B $4.63B $4.01B $3.46B $2.40B $2.76B $2.46B $2.22B $1.99B $1.81B $1.58B
SG&A Expense 12-point trend, +178.4% $227M $223M $198M $173M $157M $120M $149M $136M $123M $111M $92M $82M
Operating Expenses 12-point trend, +272.2% $5.40B $4.86B $4.28B $3.69B $3.17B $2.37B $2.54B $2.27B $2.03B $1.82B $1.66B $1.45B
Operating Income 12-point trend, +263.9% $475M $517M $354M $320M $297M $24M $212M $188M $186M $172M $145M $130M
Interest Expense 4-point trend, -24.3% · · · · · · · · $2M $1M $2M $2M
Pretax Income 12-point trend, +269.9% $481M $524M $358M $321M $293M $19M $214M $189M $186M $172M $144M $130M
Income Tax 12-point trend, +70.4% $66M $80M $45M $44M $40M $-16M $32M $24M $49M $51M $43M $39M
Net Income 12-point trend, +355.4% $414M $444M $314M $278M $253M $31M $174M $158M $132M $116M $97M $91M
EPS (Basic) 12-point trend, +388.8% $6.11 $6.50 $4.56 $3.99 $3.52 $0.45 $2.47 $2.21 $1.85 $1.64 $1.38 $1.25
EPS (Diluted) 12-point trend, +395.9% $6.10 $6.47 $4.54 $3.97 $3.50 $0.45 $2.46 $2.20 $1.84 $1.63 $1.37 $1.23
Shares (Basic) 12-point trend, -4.9% 66,324,000 66,752,000 66,893,000 67,643,000 69,709,000 69,438,000 70,509,000 71,467,000 70,989,000 70,396,000 70,032,000 69,719,000
Shares (Diluted) 12-point trend, -5.8% 66,511,000 67,011,000 67,149,000 67,920,000 70,098,000 69,893,000 70,916,000 71,964,000 71,527,000 71,052,000 70,747,000 70,608,000
EBITDA 12-point trend, +259.3% $681M $695M $507M $457M $424M $142M $328M $289M $280M $255M $214M $190M
Balance Sheet 26
Annual Balance Sheet data for TXRH
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, +56.4% $135M $245M $104M $174M $336M $363M $108M $210M $151M $113M $59M $86M
Receivables 12-point trend, +530.5% $215M $193M $175M $150M $161M $98M $99M $92M $76M $56M $45M $34M
Inventory 12-point trend, +219.6% $46M $41M $38M $38M $32M $22M $20M $19M $16M $16M $16M $14M
Prepaid Expense 3-point trend, +26.6% · · · · · · · · $13M · $11M $11M
Current Assets 12-point trend, +205.6% $451M $517M $356M $397M $564M $511M $248M $345M $257M $200M $134M $148M
PP&E (Net) 12-point trend, +177.7% $1.80B $1.62B $1.47B $1.27B $1.16B $1.09B $1.06B $957M $912M $830M $751M $650M
PP&E (Gross) 12-point trend, +219.3% $3.18B $2.84B $2.55B $2.24B $2.03B $1.85B $1.74B $1.56B $1.44B $1.29B $1.15B $997M
Accum. Depreciation 12-point trend, +297.2% $1.38B $1.22B $1.08B $968M $869M $764M $679M $602M $528M $457M $396M $347M
Goodwill 12-point trend, +107.8% $242M $170M $170M $149M $127M $127M $125M $123M $121M $117M $117M $117M
Intangibles 12-point trend, +186.0% $18M $1M $3M $6M $2M $2M $1M $2M $3M $4M $5M $6M
Other Non-current Assets 12-point trend, +572.3% $155M $116M $95M $74M $79M $66M $53M $42M $38M $29M $26M $23M
Total Assets 12-point trend, +276.3% $3.55B $3.19B $2.79B $2.53B $2.51B $2.33B $1.98B $1.47B $1.33B $1.18B $1.03B $943M
Accounts Payable 12-point trend, +274.9% $163M $145M $132M $106M $95M $67M $62M $62M $58M $51M $51M $44M
Current Liabilities 12-point trend, +320.8% $909M $828M $745M $652M $602M $506M $417M $385M $330M $280M $257M $216M
Capital Leases 7-point trend, +75.1% $943M $826M $743M $678M $623M $572M $539M · · · · ·
Deferred Tax 12-point trend, +144.5% $15M $8M $23M $21M $12M $3M $23M $17M $5M $12M $6M $6M
Other Non-current Liabilities 12-point trend, +750.0% $192M $145M $115M $89M $94M $103M $66M $50M $42M $34M $28M $23M
Total Liabilities 12-point trend, +530.1% $2.07B $1.82B $1.64B $1.50B $1.44B $1.38B $1.05B $509M $479M $422M $356M $328M
Long-term Debt 3-point trend, +372.2% · · · · · $240M · · · · $26M $51M
Total Debt 6-point trend, -100.0% · · $0 $50M $100M $240M · · · · $26M $51M
Common Stock 12-point trend, -5.7% $66.0K $67.0K $67.0K $67.0K $69.0K $70.0K $69.0K $72.0K $71.0K $71.0K $70.0K $70.0K
Retained Earnings 12-point trend, +248.3% $1.46B $1.36B $1.14B $999M $944M $782M $776M $688M $602M $531M $469M $419M
AOCI 8-point trend, +100.0% $0 · · · · $-106.0K $-225.0K $-228.0K $-39.0K $-194.0K $-109.0K $-782.0K
Stockholders' Equity 12-point trend, +140.3% $1.46B $1.36B $1.14B $1.01B $1.06B $928M $916M $946M $839M $750M $670M $608M
Liabilities + Equity 12-point trend, +276.3% $3.55B $3.19B $2.79B $2.53B $2.51B $2.33B $1.98B $1.47B $1.33B $1.18B $1.03B $943M
Shares Outstanding 12-point trend, -5.3% 65,943,730 66,574,626 66,789,464 66,973,311 69,382,418 69,561,861 69,400,252 71,617,510 71,168,897 70,619,737 70,091,203 69,628,781
Cash Flow 16
Annual Cash Flow data for TXRH
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +249.2% $207M $178M $153M $137M $127M $118M $116M $101M $93M $83M $70M $59M
Stock-based Comp 12-point trend, +220.9% $48M $47M $34M $37M $38M $29M $36M $34M $27M $26M $23M $15M
Deferred Tax 12-point trend, +1563.5% $7M $-14M $3M $9M $9M $-20M $6M $12M $-5M $6M $411.0K $-480.0K
Amort. of Intangibles 12-point trend, +286.3% $6M $2M $3M $3M $751.0K $563.0K $725.0K $741.0K $922.0K $1M $1M $2M
Other Non-cash 12-point trend, +100.0% $54M $98M $61M $59M $50M $72M $42M $47M $39M $21M $34M $27M
Operating Cash Flow 12-point trend, +280.8% $730M $754M $565M $512M $469M $230M $374M $353M $286M $257M $228M $192M
CapEx 12-point trend, +209.3% $388M $354M $347M $246M $201M $154M $214M $156M $162M $165M $173M $125M
Investing Cash Flow 11-point trend, -178.8% $-483M $-337M $-367M $-264M $-195M $-161M $-215M $-158M $-178M $-165M $-173M ·
Stock Repurchased 10-point trend, +251.9% $150M $80M $50M $213M $52M $13M $140M · · $4M $11M $43M
Net Stock Activity 10-point trend, -251.9% $-150M $-80M $-50M $-213M $-52M $-13M $-140M · · $-4M $-11M $-43M
Dividends Paid 12-point trend, +475.3% $180M $163M $147M $124M $84M $25M $102M $69M $58M $52M $46M $31M
Financing Cash Flow 11-point trend, -338.8% $-358M $-276M $-267M $-410M $-301M $186M $-262M $-136M $-70M $-39M $-82M ·
Net Change in Cash 11-point trend, -312.6% $-111M $141M $-70M $-162M $-28M $255M $-102M $59M $38M $54M $-27M ·
Taxes Paid 12-point trend, +118.7% $75M $87M $40M $26M $40M $4M $20M $21M $50M $43M $40M $34M
Free Cash Flow 12-point trend, +416.2% $342M $399M $218M $266M $268M $76M $160M $197M $125M $92M $54M $66M
Levered FCF 4-point trend, +90.7% · · · · · · · · $124M $91M $53M $65M
Profitability 7
Annual Profitability data for TXRH
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 12-point trend, -2.1% 8.1% 9.6% 7.6% 8.0% 8.6% 0.99% 7.7% 7.6% 8.4% 8.6% 8.0% 8.2%
Net Margin 12-point trend, +22.6% 7.0% 8.3% 6.8% 6.7% 7.1% 1.3% 6.3% 6.4% 5.9% 6.1% 5.6% 5.8%
Pretax Margin 12-point trend, -0.4% 8.2% 9.8% 7.7% 8.0% 8.5% 0.80% 7.8% 7.7% 8.4% 8.6% 8.0% 8.2%
EBITDA Margin 12-point trend, -3.3% 11.6% 12.9% 10.9% 11.4% 12.2% 5.9% 11.9% 11.8% 12.6% 12.8% 11.8% 12.0%
ROA 12-point trend, +23.0% 12.3% 14.6% 11.8% 10.7% 10.1% 1.5% 10.1% 11.3% 10.5% 10.9% 10.2% 10.0%
ROE 12-point trend, +93.1% 29.4% 35.5% 29.1% 26.1% 24.7% 3.4% 18.7% 17.7% 16.6% 17.0% 15.8% 15.2%
ROIC 12-point trend, +102.1% 28.0% 32.2% 27.1% 26.0% 22.2% 3.7% 19.6% 17.3% 16.4% 16.1% 14.6% 13.9%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for TXRH
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, -27.4% 0.5 0.6 0.5 0.6 0.9 1.0 0.6 0.9 0.8 0.7 0.5 0.7
Quick Ratio 12-point trend, -30.9% 0.4 0.5 0.4 0.5 0.8 0.9 0.5 0.8 0.7 0.6 0.4 0.6
Debt / Equity 6-point trend, -100.0% · · 0.0 0.0 0.1 0.3 · · · · 0.0 0.1
LT Debt / Equity 6-point trend, -100.0% · · 0.0 0.0 0.1 0.2 · · · · 0.0 0.1
Interest Coverage 4-point trend, +88.6% · · · · · · · · 118.1 137.0 73.8 62.6
Efficiency 2
Annual Efficiency data for TXRH
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, +0.4% 1.7 1.8 1.7 1.6 1.4 1.1 1.6 1.8 1.8 1.8 1.8 1.7
Receivables Turnover 12-point trend, -45.9% 28.8 29.2 28.4 25.8 26.7 24.3 28.8 29.1 33.5 39.2 45.5 53.3
Per Share 7
Annual Per Share data for TXRH
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, +153.7% $22.15 $20.40 $17.09 $15.12 $15.25 $13.33 $13.20 $13.20 $11.79 $10.62 $9.55 $8.73
Revenue / Share 12-point trend, +294.4% $88.38 $80.19 $68.98 $59.11 $49.42 $34.31 $38.87 $34.15 $31.03 $28.02 $25.55 $22.41
Cash Flow / Share 12-point trend, +304.3% $10.98 $11.25 $8.41 $7.53 $6.69 $3.30 $5.28 $4.90 $4.00 $3.62 $3.22 $2.72
Cash / Share 12-point trend, +65.2% $2.04 $3.68 $1.56 $2.60 $4.84 $5.22 $1.55 $2.93 $2.12 $1.60 $0.85 $1.24
Dividend / Share 12-point trend, +353.3% $3 $2 $2 $2 $1 $0 $1 $1 $1 $1 $1 $1
Dividend Paid / Share 4-point trend, +40.0% · · · · · · · · $1 $1 $1 $0
EPS (TTM) 12-point trend, +395.9% $6.10 $6.47 $4.54 $3.97 $3.50 $0.45 $2.46 $2.20 $1.84 $1.63 $1.37 $1.23
Growth Rates 10
Annual Growth Rates data for TXRH
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -78.9% 9.4% 16.0% 15.4% 15.9% 44.4% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -44.8% 13.6% 15.8% 24.5% · · · · · · · · ·
Revenue CAGR 5Y 19.6% · · · · · · · · · · ·
EPS YoY 5-point trend, -100.8% -5.7% 42.5% 14.4% 13.4% 677.8% · · · · · · ·
EPS CAGR 3Y 3-point trend, -86.7% 15.4% 22.7% 116.1% · · · · · · · · ·
EPS CAGR 5Y 68.4% · · · · · · · · · · ·
Net Income YoY 5-point trend, -101.0% -6.8% 41.7% 13.0% 9.6% 710.5% · · · · · · ·
Net Income CAGR 3Y 3-point trend, -87.7% 14.3% 20.6% 115.7% · · · · · · · · ·
Net Income CAGR 5Y 67.7% · · · · · · · · · · ·
Dividend CAGR 5Y 48.5% · · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for TXRH
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +271.5% $5.88B $5.37B $4.63B $4.01B $3.46B $2.40B $2.76B $2.46B $2.22B $1.99B $1.81B $1.58B
Net Income TTM 12-point trend, +355.4% $414M $444M $314M $278M $253M $31M $174M $158M $132M $116M $97M $91M
Market Cap 12-point trend, +368.8% $11.03B $12.01B $8.23B $6.31B $6.22B $5.49B $3.91B $4.07B $3.85B $3.50B $2.53B $2.35B
Enterprise Value 6-point trend, +250.6% · · $8.12B $6.18B $5.98B $5.37B · · · · $2.49B $2.32B
P/E 12-point trend, -0.2% 27.4 27.9 27.1 23.7 25.6 175.5 22.9 25.8 29.4 30.4 26.3 27.5
P/S 12-point trend, +26.2% 1.9 2.2 1.8 1.6 1.8 2.3 1.4 1.7 1.7 1.8 1.4 1.5
P/B 12-point trend, +95.1% 7.5 8.8 7.2 6.2 5.9 5.9 4.3 4.3 4.6 4.7 3.8 3.9
P / Tangible Book 6-point trend, +33.4% 9.2 10.1 8.5 7.3 6.7 6.9 · · · · · ·
P / Cash Flow 12-point trend, +23.1% 15.1 15.9 14.6 12.3 13.3 23.8 10.4 11.5 13.4 13.6 11.1 12.3
P / FCF 12-point trend, -9.2% 32.2 30.1 37.7 23.7 23.2 72.2 24.4 20.7 30.9 37.9 46.4 35.5
EV / EBITDA 6-point trend, +31.1% · · 16.0 13.5 14.1 37.9 · · · · 11.6 12.2
EV / FCF 6-point trend, +6.6% · · 37.3 23.3 22.3 70.6 · · · · 45.8 35.0
EV / Revenue 6-point trend, +19.8% · · 1.8 1.5 1.7 2.2 · · · · 1.4 1.5
Dividend Yield 12-point trend, +22.6% 1.6% 1.4% 1.8% 2.0% 1.4% 0.45% 2.6% 1.7% 1.5% 1.5% 1.8% 1.3%
Earnings Yield 12-point trend, +0.3% 3.6% 3.6% 3.7% 4.2% 3.9% 0.57% 4.4% 3.9% 3.4% 3.3% 3.8% 3.6%
Payout Ratio 12-point trend, +26.3% 43.5% 36.6% 46.9% 46.0% 34.1% 80.0% 58.7% 43.3% 44.2% 43.2% 45.6% 34.4%
Annual Payout 12-point trend, +475.3% $180M $163M $147M $124M $84M $25M $102M $69M $58M $52M $46M $31M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-302025-07-012025-04-012024-12-312024-09-24
Revenue $5.88B$5.37B
Operating Margin % 8.1%9.6%
Net Income $414M$444M
Diluted EPS $6.10$6.47
Balance Sheet
2025-12-302025-07-012025-04-012024-12-312024-09-24
Current Ratio 0.50.6
Quick Ratio 0.40.5
Cash Flow
2025-12-302025-07-012025-04-012024-12-312024-09-24
Free Cash Flow $342M$399M

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Institutional owners (13F) 704 filers · $8.1B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
108 (+14 vs prior Q) 67 (-1 vs prior Q) 199 (-43 vs prior Q) 249 (+51 vs prior Q) +6.2M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
Capital World Investors $838,438,303 4,339,069 10.31% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $591,938,657 3,063,389 7.28% Shares
VANGUARD CAPITAL MANAGEMENT LLC $572,761,545 2,964,144 7.04% Shares
ALLIANCEBERNSTEIN L.P. $533,557,432 3,230,940 6.56% Shares
STATE STREET CORP $401,883,975 2,079,760 4.94% Shares
VICTORY CAPITAL MANAGEMENT INC $333,623,382 1,726,561 4.10% Shares
FMR LLC $282,965,037 1,464,395 3.48% Shares
GEODE CAPITAL MANAGEMENT, LLC $208,521,007 1,078,826 2.56% Shares
NORGES BANK $204,464,392 1,058,140 2.51% Shares
WELLINGTON MANAGEMENT GROUP LLP $191,994,487 993,606 2.36% Shares
NEUBERGER BERMAN GROUP LLC $182,975,203 946,930 2.25% Shares
DIMENSIONAL FUND ADVISORS LP $171,473,661 887,407 2.11% Shares
Holocene Advisors, LP $146,015,022 755,654 1.79% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $123,281,000 638,000 1.52% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $111,708,582 578,112 1.37% Shares
Artisan Partners Limited Partnership $103,203,804 534,098 1.27% Shares
PARK PRESIDIO CAPITAL LLC $102,977,098 532,925 1.27% Shares
AMERICAN CENTURY COMPANIES INC $102,827,229 532,149 1.26% Shares
D. E. Shaw & Co., Inc. $99,589,583 515,394 1.22% Shares
Woodline Partners LP $89,751,857 464,482 1.10% Shares
Stephens Investment Management Group LLC $85,902,136 444,559 1.06% Shares
GENEVA CAPITAL MANAGEMENT LLC $83,476,161 432,004 1.03% Shares
MILLENNIUM MANAGEMENT LLC $81,948,650 424,099 1.01% Shares
VANGUARD FIDUCIARY TRUST CO $80,904,821 418,697 0.99% Shares
Bahl & Gaynor LLC $65,107,496 336,943 0.80% Shares
BANK OF AMERICA CORP /DE/ $62,431,647 323,095 0.77% Shares
Balyasny Asset Management L.P. $61,013,532 315,756 0.75% Shares
BAMCO INC /NY/ $60,147,668 311,275 0.74% Shares
Qube Research & Technologies Ltd $56,905,849 294,498 0.70% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $50,880,357 263,315 0.63% Shares
GOLDMAN SACHS GROUP INC $44,561,350 230,613 0.55% Shares
MANE GLOBAL CAPITAL MANAGEMENT LP $41,627,346 215,429 0.51% Shares
Clearbridge Investments, LLC $39,687,510 205,390 0.49% Shares
LOOMIS SAYLES & CO L P $38,897,585 201,302 0.48% Shares
Erste Asset Management GmbH $38,869,297 200,624 0.48% Shares
Greenvale Capital LLP $38,646,000 200,000 0.48% Shares
Boston Trust Walden Corp $36,823,697 190,569 0.45% Shares
RHUMBLINE ADVISERS $36,046,193 186,546 0.44% Shares
Ilex Capital Partners (UK) LLP $35,161,677 181,968 0.43% Shares
AMERIPRISE FINANCIAL INC $34,667,938 179,414 0.43% Shares
SIB LLC $33,052,250 183,186 0.41% Shares
ENVESTNET ASSET MANAGEMENT INC $32,265,794 166,981 0.40% Shares
GILDER GAGNON HOWE & CO LLC $29,879,155 154,630 0.37% Shares
Retirement Systems of Alabama $29,033,387 150,253 0.36% Shares
RENAISSANCE TECHNOLOGIES LLC $27,236,348 140,953 0.33% Shares
WCM INVESTMENT MANAGEMENT, LLC $26,537,084 136,902 0.33% Shares
BRAUN STACEY ASSOCIATES INC $26,307,105 136,144 0.32% Shares
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ $26,269,039 135,947 0.32% Shares
WESTWOOD HOLDINGS GROUP INC $25,705,967 133,033 0.32% Shares
Swiss National Bank $25,564,329 132,300 0.31% Shares
BlackRock, Inc. $25,199,318 130,411 0.31% Shares
IEQ CAPITAL, LLC $24,375,143 126,145 0.30% Shares
FIRST TRUST ADVISORS LP $22,825,243 118,125 0.28% Shares
Longaeva Partners L.P. $22,299,322 115,403 0.27% Shares
Rockefeller Capital Management L.P. $22,131,212 114,533 0.27% Shares
JANE STREET GROUP, LLC $21,950,928 113,600 0.27% Call option
California Public Employees Retirement System $21,781,079 112,721 0.27% Shares
Ranger Investment Management, L.P. $21,560,217 111,578 0.27% Shares
SEGALL BRYANT & HAMILL, LLC $20,179,782 104,434 0.25% Shares
Point72 Asset Management, L.P. $19,996,407 103,485 0.25% Shares
ALPS ADVISORS INC $19,779,216 102,361 0.24% Shares
Aptus Capital Advisors, LLC $18,914,125 97,884 0.23% Shares
1832 Asset Management L.P. $17,357,271 89,827 0.21% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $16,791,687 86,900 0.21% Call option
Hudson Bay Capital Management LP $15,993,840 82,771 0.20% Shares
Quantinno Capital Management LP $15,898,850 82,279 0.20% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $15,334,540 79,359 0.19% Shares
Ensign Peak Advisors, Inc $15,133,001 78,316 0.19% Shares
BNP PARIBAS FINANCIAL MARKETS $15,039,864 77,834 0.18% Shares
CITADEL ADVISORS LLC $14,981,315 77,531 0.18% Shares
NEW YORK STATE COMMON RETIREMENT FUND $14,551,185 75,305 0.18% Shares
M&G PLC $14,272,736 73,952 0.18% Shares
Hendershot Investments Inc. $14,177,865 73,373 0.17% Shares
Aberdeen Group plc $14,017,870 72,545 0.17% Shares
USS Investment Management Ltd $13,686,384 70,824 0.17% Shares
CWM, LLC $13,618,600 82,467 0.17% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $12,736,423 77,125 0.16% Shares
CITADEL ADVISORS LLC $12,617,919 65,300 0.16% Call option
RAYMOND JAMES FINANCIAL INC $12,575,313 65,080 0.15% Shares
TWO SIGMA INVESTMENTS, LP $12,366,720 64,000 0.15% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $12,354,159 63,935 0.15% Shares
Capital International, Inc./CA/ $12,182,379 63,046 0.15% Shares
VANGUARD ASSET MANAGEMENT, Ltd $12,008,085 62,144 0.15% Shares
VAN ECK ASSOCIATES CORP $11,961,710 61,904 0.15% Shares
UBS Group AG $11,524,237 59,640 0.14% Shares
Trexquant Investment LP $10,619,341 54,957 0.13% Shares
Moran Wealth Management, LLC $10,479,249 54,232 0.13% Shares
J. Goldman & Co LP $10,433,840 53,997 0.13% Shares
STATE OF WISCONSIN INVESTMENT BOARD $10,213,751 52,858 0.13% Shares
Congress Wealth Management LLC / DE / $9,491,817 50,646 0.12% Shares
PALISADE CAPITAL MANAGEMENT, LP $9,473,686 49,028 0.12% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $9,473,101 49,025 0.12% Shares
WORLDQUANT MILLENNIUM ADVISORS LLC $9,396,388 48,628 0.12% Shares
MORGAN STANLEY $9,241,998 47,829 0.11% Shares
MERCER GLOBAL ADVISORS INC /ADV $9,226,760 47,750 0.11% Shares
TEACHER RETIREMENT SYSTEM OF TEXAS $8,836,794 45,732 0.11% Shares
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO $8,827,519 45,684 0.11% Shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $8,664,624 49,519 0.11% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $8,462,315 43,794 0.10% Shares
LPL Financial LLC $8,458,747 43,776 0.10% Shares

Company insiders 27 insiders · 16 officers · 12 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Gerald L. Morgan CEO, President May 23, 2022 F 91,212 0 0 $0
Wayne Kent Taylor Chairman, CEO March 15, 2021 S 3,036,295 0 0 $0
Gerard Johan Hart CEO & President Jan. 8, 2011 A 94,029 0 0 $0
Tonya Robinson Chief Financial Officer March 1, 2022 S 11,197 0 0 $0
George Price Cooper IV Chief Financial Officer Jan. 8, 2015 A 42,714 0 0 $0
Scott Matthew Colosi President June 18, 2019 G 57,648 0 0 $0
Douglas W. Thompson Chief Operating Officer Feb. 26, 2021 F 50,694 0 0 $0
Steven J Ortiz Chief Operating Officer Jan. 7, 2015 M 329,884 0 0 $0
Sean G Renfroe GENERAL COUNSEL July 2, 2026 M 860 0 1 $-82,018
Keith Humpich CHIEF ACCT & FIN SVCS OFFCR July 2, 2026 M 21,137 0 0 $0
Regina A. Tobin Chief Learning & Culture Offcr May 5, 2022 M 8,600 0 0 $0
Christopher C. Colson General Counsel May 5, 2022 M 4,357 0 0 $0
Chris S. Jacobsen Chief Marketing Officer Feb. 25, 2022 F 23,449 0 0 $0
Hernan E. Mujica Chief Information Officer Feb. 24, 2022 M 14,260 0 0 $0
Celia Catlett General Counsel Jan. 8, 2019 A 19,170 0 0 $0
Sheila Carol Brown General Counsel, Corporate Sec Jan. 8, 2011 A 49,298 0 0 $0
Hugh J Carroll Director July 2, 2026 M 3,533 0 0 $0
Curtis Warfield Director May 23, 2022 P 15,662 0 0 $0
James R Zarley Director May 20, 2022 P 7,069 0 0 $0
Michael Anthony Crawford Director Jan. 10, 2022 A 4,200 0 0 $0
Donna E Epps Director Jan. 10, 2022 A 500 0 0 $0
Kathy Widmer Director Jan. 10, 2022 A 15,520 0 0 $0
James F Parker Director Jan. 8, 2019 A 92,560 0 0 $0
James Ramsey Director Jan. 9, 2017 M 114,418 0 0 $0
Martin T Hart Director Dec. 10, 2013 M 129,008 0 0 $0
Gregory N Moore Aug. 11, 2026 S 26,900 0 4 $-1,377,338
Jill Marchant Jan. 8, 2013 S 0 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 103 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
OSCV · ETF Series Solutions 2.29% 97,021 NS April 30, 2026 N-PORT
OUSM · ALPS ETF Trust 2.18% 105,854 NS May 31, 2026 N-PORT
RUNN · Strategic Trust 1.70% 32,508 NS May 31, 2026 N-PORT
GRPM · Invesco Exchange-Traded Fund Trust 1.55% 37,994 SH Aug. 8, 2026 Daily
XMHQ · Invesco Exchange-Traded Fund Trust 1.50% 404,994 SH Aug. 8, 2026 Daily
NBSM · Neuberger Berman ETF Trust 1.16% 14,511 NS May 31, 2026 N-PORT
LCLG · Advisors Series Trust 0.96% 6,041 NS April 30, 2026 N-PORT
CGMM · Capital Group Equity ETF Trust I 0.89% 137,799 NS May 31, 2026 N-PORT
IJK · iShares Trust 0.73% 384,151 SH Aug. 8, 2026 Daily
SMMV · iShares Trust 0.70% 9,781 SH Aug. 8, 2026 Daily
IVOG · VANGUARD ADMIRAL FUNDS 0.66% 64,857 SH Aug. 8, 2026 Daily
TMFX · RBB Fund, Inc. 0.58% 1,040 NS May 31, 2026 N-PORT
FXD · First Trust Exchange-Traded AlphaDE… 0.51% 8,453 NS April 30, 2026 N-PORT
MIDE · DBX ETF Trust 0.48% 89 NS May 29, 2026 N-PORT
QVMM · Invesco Exchange-Traded Fund Trust … 0.46% 9,676 SH Aug. 8, 2026 Daily
XJH · iShares Trust 0.43% 8,890 SH Aug. 8, 2026 Daily
ISCG · iShares Trust 0.43% 20,671 SH Aug. 8, 2026 Daily
FNY · First Trust Exchange-Traded AlphaDE… 0.39% 12,456 NS April 30, 2026 N-PORT
IJH · iShares Trust 0.38% 2,267,812 SH Aug. 8, 2026 Daily
AVMV · AMERICAN CENTURY ETF TRUST 0.36% 12,372 NS May 31, 2026 N-PORT
VBK · VANGUARD INDEX FUNDS 0.35% 871,009 SH Aug. 8, 2026 Daily
IVOO · VANGUARD ADMIRAL FUNDS 0.35% 106,215 SH Aug. 8, 2026 Daily
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.34% 9,246 NS April 30, 2026 N-PORT
PTMC · Pacer Funds Trust 0.31% 7,588 NS April 30, 2026 N-PORT
RWK · Invesco Exchange-Traded Fund Trust … 0.30% 19,596 SH Aug. 8, 2026 Daily
BKMC · BNY Mellon ETF Trust 0.27% 10,238 NS April 30, 2026 N-PORT
MVV · ProShares Trust 0.26% 2,286 NS May 31, 2026 N-PORT
AVLV · AMERICAN CENTURY ETF TRUST 0.25% 180,279 NS May 31, 2026 N-PORT
VCR · VANGUARD WORLD FUND 0.25% 89,113 SH Aug. 8, 2026 Daily
IYC · iShares Trust 0.23% 13,106 SH Aug. 8, 2026 Daily
SCHM · SCHWAB STRATEGIC TRUST 0.22% 178,784 NS May 31, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.21% 27,064 NS April 30, 2026 N-PORT
ISCB · iShares Trust 0.21% 2,930 SH Aug. 8, 2026 Daily
MIDU · Direxion Shares ETF Trust 0.21% 1,096 NS April 30, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.21% 30,857 NS April 30, 2026 N-PORT
IEDI · iShares U.S. ETF Trust 0.19% 266 SH Aug. 8, 2026 Daily
FDIS · FIDELITY COVINGTON TRUST 0.19% 20,592 NS April 30, 2026 N-PORT
DEUS · DBX ETF Trust 0.19% 2,790 NS May 29, 2026 N-PORT
SMMD · iShares Trust 0.18% 32,774 SH Aug. 8, 2026 Daily
UMDD · ProShares Trust 0.18% 319 NS May 31, 2026 N-PORT
FTLS · First Trust Exchange-Traded Fund III 0.16% 22,815 NS April 30, 2026 N-PORT
AVUQ · AMERICAN CENTURY ETF TRUST 0.15% 2,159 NS May 31, 2026 N-PORT
VB · VANGUARD INDEX FUNDS 0.15% 1,507,642 SH Aug. 8, 2026 Daily
SMDX · Tidal Trust III 0.15% 1,148 NS April 30, 2026 N-PORT
AVMC · AMERICAN CENTURY ETF TRUST 0.15% 3,282 NS May 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.14% 754,360 SH Aug. 8, 2026 Daily
TMFE · RBB Fund, Inc. 0.14% 648 NS May 31, 2026 N-PORT
HDUS · Lattice Strategies Trust 0.14% 1,513 NS April 30, 2026 N-PORT
FNX · First Trust Exchange-Traded AlphaDE… 0.13% 10,992 NS April 30, 2026 N-PORT
WSML · iShares Trust 0.13% 4,031 SH Aug. 8, 2026 Daily