The Cheesecake Factory Incorporated

CAKE Consumer Cyclical Restaurants

The Cheesecake Factory Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, up 4.75% from fiscal 2024.

Revenue
+13.9%
EPS
+92.7%
Free cash flow
+24.5%
Total debt
−10.4%

Quarter to September 2026, against a year earlier

110.96 4.43 −3.84%
Market cap
$5.5B
P/E
24.9×
Fwd P/E
24.0×
Dividend yield
1.05%
F-score
6/9
Altman Z
2.33
Beneish M
−2.77
Dividend safety
82/100

The Cheesecake Factory Incorporated (CAKE) Gross margin

Alert me on Gross margin

The Cheesecake Factory Incorporated's gross margin over the twelve months to 30 September 2026 was 16.9%, up 0.6 percentage points from fiscal 2025 (16.3%). Over the past ten years it has ranged from 6.57% (fiscal 2020) to 19.7% (fiscal 2016); the current reading is higher than 64% of that period. That is below the Restaurants industry median of 38.9% and below the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 16.3% 0.90
FY2024 15.4% 1.29
FY2023 14.1% 2.05
FY2022 12.1% (1.92)
FY2021 14.0% 7.42
FY2020 6.57% (9.12)
FY2019 15.7% (1.40)
FY2018 17.1% (1.08)
FY2017 18.2% (1.55)
FY2016 19.7% 0.15

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 16.4% (1.29)
Jun 2026 17.6% 1.86
Mar 2026 15.8% (2.16)
Dec 2025 17.9% 3.49
43 more quarters

Against its own ten years

Low 6.57% High 19.7%
Ten-year median 15.7%
Current reading's percentile 72

Gross margin against peers

Company Gross margin
JMKE Jersey Mike�s Subs Inc. compare 100.0%
WING Wingstop Inc. compare 86.1%
CAVA CAVA Group, Inc. compare 44.4%
DPZ Domino's Pizza Inc compare 40.0%
BROS Dutch Bros Inc. compare 24.8%
EAT Brinker International, Inc. compare 19.0%
CAKE The Cheesecake Factory Incorporated 16.9%
TXRH Texas Roadhouse, Inc. compare 15.7%
SHAK Shake Shack, Inc. compare 0.00%
Restaurants industry median 38.9%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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