What are Cheesecake Factory's profit margins?

Cheesecake Factory (CAKE) runs a 75.9% gross margin and a 5.0% operating margin, with a 4.3% net margin.

Where do Cheesecake Factory's ratios come from?

Every ratio is computed from Cheesecake Factory's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Cheesecake Factory CAKE Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	5%0.0pp	5%-0.4pp	5.4%0.0pp	5.4%+0.1pp	5.3%+0.3pp
Net margin	4.3%+0.4pp	4%-0.4pp	4.3%0.0pp	4.3%0.0pp	4.3%-0.1pp
EBITDA margin	7.9%0.0pp	7.9%-0.4pp	8.3%+0.1pp	8.2%+0.1pp	8.1%+0.3pp
Free cash flow margin	4.5%+0.4pp	4.1%-0.2pp	4.3%+0.7pp	3.6%+0.4pp	3.2%+0.1pp
Returns
Return on equity	41.3%+7.6pp	33.7%-5.4pp	39.1%-1.9pp	41%-5.6pp	46.6%+5.4pp
Return on assets	5.2%+0.4pp	4.7%-0.5pp	5.2%-0.1pp	5.3%0.0pp	5.3%-0.1pp
Return on invested capital	7.4%0.0pp	7.4%-0.5pp	7.9%0.0pp	7.9%-0.1pp	8%+0.6pp
Efficiency
Asset turnover	1.2×0.0×	1.2×0.0×	1.2×0.0×	1.2×0.0×	1.2×0.0×
Liquidity
Current ratio	0.6×0.0×	0.6×0.0×	0.5×0.0×	0.5×0.0×	0.5×+0.1×
Quick ratio	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.4×0.0×	0.4×+0.1×
Cash ratio	0.3×0.0×	0.3×0.0×	0.2×0.0×	0.2×0.0×	0.2×+0.1×
Leverage
Debt-to-equity	4.7×-0.2×	4.9×-0.1×	5×-0.2×	5.2×-1.0×	6.2×+1.9×
Debt-to-assets	0.6×0.0×	0.7×0.0×	0.7×0.0×	0.7×0.0×	0.7×0.0×
Net debt / EBITDA	6.3×-0.1×	6.5×+0.1×	6.3×-0.1×	6.5×-0.2×	6.7×+0.2×
Per Share
Book value per share	$9.48+5.4%	$8.99+2.7%	$8.75+5.0%	$8.34+21.0%	$6.89-23.9%
Valuation
Market capitalization	$2.73B+8.5%	$2.52B-7.6%	$2.72B-7.9%	$2.96B+17.6%	$2.51B+3.8%
Enterprise value	$4.64B+4.7%	$4.43B-5.2%	$4.67B-4.8%	$4.91B+9.6%	$4.48B+5.5%
Price / earnings	16.5×-0.4×	17×0.0×	16.9×-1.7×	18.6×+2.6×	16.1×+0.6×
Price / sales	0.7×0.0×	0.7×-0.1×	0.7×-0.1×	0.8×+0.1×	0.7×0.0×
Price / book	5.9×+0.2×	5.8×-0.6×	6.4×-1.0×	7.4×0.0×	7.4×+1.9×
EV / EBITDA	15.4×+0.4×	15×-0.2×	15.2×-1.1×	16.3×+1.0×	15.2×+0.1×
EV / sales	1.2×0.0×	1.2×-0.1×	1.3×-0.1×	1.3×+0.1×	1.2×+0.1×
Free cash flow yield	6.3%+0.1pp	6.2%+0.3pp	5.9%+1.4pp	4.4%-0.2pp	4.6%+0.1pp
Earnings yield	6%+0.1pp	5.9%0.0pp	5.9%+0.5pp	5.4%-0.9pp	6.2%-0.2pp
Dividend yield	2%-0.1pp	2.1%+0.1pp	1.9%+0.1pp	1.8%-0.3pp	2.1%-0.1pp
PEG ratio	3×—	——	0.7×+0.2×	0.5×+0.2×	0.3×+0.1×

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Questions, answered.

What are Cheesecake Factory's profit margins?: Cheesecake Factory (CAKE) runs a 75.9% gross margin and a 5.0% operating margin, with a 4.3% net margin.
Where do Cheesecake Factory's ratios come from?: Every ratio is computed from Cheesecake Factory's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.