Monday 12 October 2026 Export all CAKE data to Excel Powerpack

The Cheesecake Factory Incorporated

The Cheesecake Factory Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, up 4.75% from fiscal 2024. In the quarter to June 2026, revenue grew 7.72%, EPS grew 24.6%, free cash flow grew 220.4% and total debt fell 10.4%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for three.

109.00 0.55 +0.51%

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Market cap: $5.4B
P/E: 28.5×
Fwd P/E: 16.3×
Dividend yield: 1.07%
F-score: 6/9
Altman Z: 2.33
Beneish M: −2.77
Dividend safety: 82/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 30.15

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	4	1	—	1	1	4	5	—	—

Insider Ownership 1.60%

Capital & Financial Ratios $m

Market Cap 5,400.00

Revenue 3,877.25

Net Income 178.62

Free Cash Flow 205.20

Net Debt 367.73

Current Ratio 0.59

Debt/Equity 1.08

P/E ratio 28.46

Fwd P/E 16.30

P/S ratio 1.31

P/B ratio 9.79

Past 5Y EPS Growth —

This Y EPS Growth 20.61%

Next Y EPS Growth 10.69%

Next Y revenue growth 7.20%

Next 5Y EPS Growth 14.85%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 85.92%

10-year low 10-year high

P/S against its own 10 years 96.86%

10-year low 10-year high

P/B against its own 10 years 99.45%

10-year low 10-year high

EV/Sales against its own 10 years 98.38%

10-year low 10-year high

EV/FCF against its own 10 years 69.00%

10-year low 10-year high

Dividends

Payout Ratio 0.32

Annual Dividend Rate 1.17

Annual Dividend Yield 1.07%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.22	0.30 0.30 0.30
2025	1.08	0.27 0.27 0.27 0.27
2024	1.08	0.27 0.27 0.27 0.27
2023	1.08	0.27 0.27 0.27 0.27
2022	0.81	0.27 0.27 0.27
2021	Powerpack
2020	0.36	0.36
2019	1.38	0.33 0.33 0.36 0.36
2018	1.24	0.29 0.29 0.33 0.33
2017	1.06	0.24 0.24 0.29 0.29
2016	0.88	0.20 0.20 0.24 0.24

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	56	84	216	195
Receivables	124	130	130	114
Inventory	58	65	54	51
Other	—	—	—	—
	301	333	455	419

	2023	2024	2025	Q'26
Payables	63	62	63	71
ST’ Debt	—	—	69	—
Other	223	227	213	183
	661	711	777	714

Compound Annual Growth %

	10y	5y	3y
Sales	5.97%	13.60%	4.34%
Cash Flow	1.98%	152.97%	22.99%
Earnings	2.45%	0.00%	50.99%
Book Value	(2.95%)	8.62%	14.33%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	979	1,030	—	—	—
’25	927	956	907	962	3,752
’24	891	904	865	921	3,582
’23	866	866	830	877	3,440
’22	794	833	784	893	3,303
’21	627	769	754	777	2,928
’20	615	296	518	555	1,983

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	97	92	—	—	—
’25	79	57	91	75	301
’24	67	28	80	94	268
’23	65	36	49	68	218
’22	34	54	11	63	162
’21	22	109	(11)	94	213
’20	(33)	(3)	3	36	3

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	53	49	—	—	—
’25	36	15	54	50	154
’24	29	(2)	26	54	107
’23	27	12	12	15	65
’22	4	37	(20)	28	49
’21	14	85	(30)	76	145
’20	(49)	(16)	(6)	23	(48)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.02	1.41	—	—	—
’25	0.67	1.14	0.66	0.60	3.06
’24	0.68	1.08	0.61	0.83	3.20
’23	0.56	0.87	0.37	0.26	2.07
’22	0.45	0.50	(0.05)	(0.07)	0.86
’21	(0.03)	0.37	0.64	0.04	1.01
’20	(3.11)	(1.61)	(0.76)	(0.85)	(6.32)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	44.16	38.34	41.63	35.83	14.52	34.64	26.05	28.58	31.24	42.69	Analyst estimates 2026–2028 Powerpack
	High	64.41	67.14	60.19	51.15	43.00	65.81	44.65	41.28	52.10	69.70
People
People	Employees	38,800	39,100	38,700	46,250	41,000	45,800	47,500	47,900	47,900	48,400
	Revenue/emp, $m	0.06	0.06	0.06	0.05	0.05	0.06	0.07	0.07	0.07	0.08
Income, $m
Income, $m	Revenue	2,276	2,261	2,332	2,483	1,983	2,928	3,303	3,440	3,582	3,752
	Gross margin, %	19.72	18.17	17.09	15.69	6.57	13.99	12.07	14.12	15.41	16.31
	EBT	192	146	107	140	(356)	72	33	100	171	163
	EBT margin, %	8.43	6.48	4.61	5.65	(17.95)	2.45	1.00	2.91	4.78	4.34
	Net income	139	157	99	127	(253)	72	43	101	157	148
	Depreciation	88	93	96	88	91	90	92	93	101	109
Per share, $
Per share, $	Revenue	47.43	48.17	51.53	56.49	45.21	61.59	66.31	71.18	74.95	80.19
	Earnings	2.91	3.35	2.19	2.90	(6.32)	1.03	0.87	2.10	3.28	3.17
	Cash flow	6.59	5.09	6.44	4.98	0.07	4.48	3.25	4.52	5.61	6.44
	Capex	(2.45)	(2.61)	(2.34)	(1.73)	(1.16)	(1.42)	(2.27)	(3.17)	(3.38)	(3.15)
	Free cash flow	4.15	2.48	4.10	3.25	(1.09)	3.06	0.98	1.35	2.24	3.29
	Book value	12.57	13.07	12.62	13.01	6.58	6.95	5.86	6.58	9.28	9.33
	Shares, m	48	47	45	44	44	48	50	48	48	47
Valuation, ×
Valuation, ×	P/E	20.49	14.63	19.96	13.45	0.00	37.64	38.06	16.36	14.42	15.92
	P/S	1.25	1.02	0.84	0.69	0.82	0.64	0.49	0.48	0.63	0.63
	P/B	4.73	3.77	3.45	2.99	5.63	5.64	5.52	5.22	5.11	5.41
	EV/Sales	1.24	1.03	0.84	0.83	0.95	0.78	0.64	0.64	0.78	0.74
	EV/FCF	14.19	19.92	10.53	14.47	(39.26)	15.60	43.13	34.03	25.99	18.02
Cash, $m
Cash, $m	Operating cash flow	316	239	291	219	3	213	162	218	268	301
	Capex	(117)	(122)	(106)	(76)	(51)	(68)	(113)	(153)	(161)	(147)
	Free cash flow	199	116	185	143	(48)	145	49	65	107	154
Balance, $m
Balance, $m	Working capital	(155)	(189)	(221)	(370)	(245)	(231)	(311)	(360)	(378)	(322)
	Total debt	101	10	10	418	413	598	607	470	452	630
	Net debt	47	4	(17)	360	259	408	492	414	368	414
	Shareholders’ equity	603	614	571	572	289	330	292	318	443	436
Returns, %
Returns, %	ROA	11.04	11.99	7.48	6.13	(9.92)	1.77	1.55	3.61	5.33	4.71
	ROIC	19.32	15.47	13.41	6.95	(39.65)	6.97	3.10	9.27	13.74	13.76
	ROE	23.41	25.87	16.72	22.28	(64.41)	15.88	13.86	33.23	41.18	33.74

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
YUMC Yum China	$14.3B	15.7×	14.7×	+12.59% (above 0%: growing)	+20.69% (above 0%: growing)	+3.10% (above 0%: growing)	22.21%	11.09%	Compare
TXRH Texas Roadhouse, Inc.	$10.7B	25.8×	26.6×	+11.11% (above 0%: growing)	−0.53% (below 0%: shrinking)	+120.59% (above 0%: growing)	16.80%	8.50%	Compare
DPZ Domino's Pizza Inc	$10.2B	17.5×	16.4×	+4.30% (above 0%: growing)	+6.82% (above 0%: growing)	−0.95% (below 0%: shrinking)	40.04%	19.43%	Compare
EAT Brinker International, Inc.	$8.0B	17.3×	11.3×	+5.06% (above 0%: growing)	+27.80% (above 0%: growing)	+48.74% (above 0%: growing)	18.75%	10.87%	Compare
BROS Dutch Bros Inc.	$7.0B	52.8×	65.2×	+32.48% (above 0%: growing)	+40.00% (above 0%: growing)	+11.97% (above 0%: growing)	27.42%	12.78%	Compare
CAVA CAVA Group, Inc.	$6.3B	94.1×	131×	+31.30% (above 0%: growing)	+25.00% (above 0%: growing)	+52.60% (above 0%: growing)	44.93%	7.29%	Compare
CAKE The Cheesecake Factory Incorporated	$5.3B	28.3×	16.3×	+7.72% (above 0%: growing)	+24.58% (above 0%: growing)	+220.39% (above 0%: growing)	17.64%	7.63%
WING Wingstop Inc.	$3.2B	28.7×	31.6×	+6.44% (above 0%: growing)	+19.79% (above 0%: growing)	−45.18% (below 0%: shrinking)	86.49%	29.44%	Compare
SHAK Shake Shack, Inc.	$2.9B	68.1×	45.8×	+17.16% (above 0%: growing)	−9.30% (below 0%: shrinking)	−102.73% (below 0%: shrinking)	25.58%	4.97%	Compare
Median of peers	$7.5B	27.2×	29.1×	+11.85%	+20.24%	+7.54%	26.50%	10.98%

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The Cheesecake Factory Incorporated (CAKE) key facts

Strength: The Cheesecake Factory Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, up 4.75% from fiscal 2024.
The Cheesecake Factory Incorporated (CAKE) is a Restaurants company in the Consumer Cyclical sector, listed on Nasdaq.
As of October 12, 2026, CAKE traded at $109.00, a market capitalization of $5.4 billion.
The Cheesecake Factory Incorporated pays an annual dividend of $1.17 per share, a yield of 1.07%, with a payout ratio of 31.7%.
Return on equity was 33.7% and debt-to-equity 1.08.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.33 (grey zone) for fiscal 2025.