Cheesecake Factory CAKE Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 5%-0.3pp | 5%0.0pp | 5.4%+1.5pp | 5.4%— | 5.3%— | |
| Net margin | 4.3%0.0pp | 4%-0.4pp | 4.3%+0.7pp | 4.3%+1.0pp | 4.3%+1.3pp | |
| EBITDA margin | 7.9%-0.2pp | 7.9%+0.1pp | 8.3%+1.5pp | 8.2%— | 8.1%— | |
| Free cash flow margin | 4.5%+1.3pp | 4.1%+1.1pp | 4.3%+2.3pp | 3.6%+1.9pp | 3.2%— | |
| Returns | ||||||
| Return on equity | 41.3%-5.3pp | 33.7%-7.4pp | 39.1%+3.4pp | 41%+7.8pp | 46.6%+12.9pp | |
| Return on assets | 5.2%-0.1pp | 4.7%-0.6pp | 5.2%+0.7pp | 5.3%+1.2pp | 5.3%+1.4pp | |
| Return on invested capital | 7.4%-0.6pp | 7.4%-0.1pp | 7.9%+1.6pp | 7.9%— | 8%— | |
| 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×+0.1× | 0.6×+0.1× | 0.5×+0.1× | 0.5×+0.1× | 0.5×+0.1× | |
| Quick ratio | 0.5×+0.1× | 0.5×+0.1× | 0.5×+0.1× | 0.4×+0.1× | 0.4×+0.1× | |
| Cash ratio | 0.3×+0.1× | 0.3×+0.2× | 0.2×+0.2× | 0.2×+0.1× | 0.2×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 4.7×-1.5× | 4.9×+0.6× | 5×+0.3× | 5.2×+0.2× | 6.2×+0.6× | |
| 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×-0.4× | 6.5×-0.1× | 6.3×-1.3× | 6.5×— | 6.7×— | |
| Per Share | ||||||
| Book value per share | $9.48+37.6% | $8.99-0.7% | $8.75+8.0% | $8.34+8.7% | $6.89+0.8% | |
| Valuation | ||||||
| Market capitalization | $2.73B+8.6% | $2.52B+3.9% | $2.72B+31.9% | $2.96B+47.7% | $2.51B+36.0% | |
| Enterprise value | $4.64B+3.5% | $4.43B+4.4% | $4.67B+19.8% | $4.91B+27.8% | $4.48B+22.8% | |
| Price / earnings | 16.5×+0.5× | 17×+1.5× | 16.9×+0.8× | 18.6×+1.4× | 16.1×-1.3× | |
| Price / sales | 0.7×0.0× | 0.7×0.0× | 0.7×+0.2× | 0.8×+0.2× | 0.7×+0.2× | |
| Price / book | 5.9×-1.5× | 5.8×+0.3× | 6.4×+1.2× | 7.4×+2.0× | 7.4×+1.8× | |
| EV / EBITDA | 15.4×+0.1× | 15×-0.2× | 15.2×-1.1× | 16.3×— | 15.2×— | |
| EV / sales | 1.2×0.0× | 1.2×0.0× | 1.3×+0.2× | 1.3×+0.2× | 1.2×+0.2× | |
| Free cash flow yield | 6.3%+1.7pp | 6.2%+1.6pp | 5.9%+2.4pp | 4.4%+1.6pp | 4.6%— | |
| Earnings yield | 6%-0.2pp | 5.9%-0.6pp | 5.9%-0.3pp | 5.4%-0.4pp | 6.2%+0.5pp | |
| Dividend yield | 2%-0.1pp | 2.1%-0.1pp | 1.9%-0.6pp | 1.8%-0.8pp | 2.1%-0.8pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.