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) Net margin

Alert me on Net margin

The Cheesecake Factory Incorporated's net margin over the twelve months to 30 September 2026 was 5.20%, up 1.2 percentage points from fiscal 2025 (3.96%). Over the past ten years it has ranged from −14.0% (fiscal 2020) to 6.96% (fiscal 2017); the current reading is higher than 45% of that period. That is above the Restaurants industry median of 1.83% and above the Consumer Cyclical sector median of 2.12%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 3.96% (0.42)
FY2024 4.38% 1.43
FY2023 2.95% 1.64
FY2022 1.31% (0.37)
FY2021 1.68% 15.65
FY2020 −14.0% (19.10)
FY2019 5.13% 0.88
FY2018 4.25% (2.71)
FY2017 6.96% 0.83
FY2016 6.13% 0.58

Quarterly newest first

Period Net margin Change (points)
Sep 2026 5.93% (0.71)
Jun 2026 6.64% 1.58
Mar 2026 5.06% 2.07
Dec 2025 2.99% (0.53)
43 more quarters

Against its own ten years

Low −14.0% High 6.96%
Ten-year median 4.25%
Current reading's percentile 74

Net margin against peers

Company Net margin
WING Wingstop Inc. compare 16.0%
DPZ Domino's Pizza Inc compare 12.0%
EAT Brinker International, Inc. compare 8.44%
TXRH Texas Roadhouse, Inc. compare 6.63%
CAKE The Cheesecake Factory Incorporated 5.20%
BROS Dutch Bros Inc. compare 5.08%
CAVA CAVA Group, Inc. compare 4.50%
SHAK Shake Shack, Inc. compare 2.72%
JMKE Jersey Mike�s Subs Inc. compare 0.00%
Restaurants industry median 1.83%
Consumer Cyclical sector median 2.12%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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