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Cheesecake Factory CAKE Return on invested capital

Return on invested capital at other companies

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Brinker InternationalEAT
27.6%+9.2pp
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Darden RestaurantsDRI
12.9%0.0pp
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Texas RoadhouseTXRH
19%-3.7pp
CAVA Group logo
CAVA GroupCAVA
6%-0.8pp
PFG
Performance Food GroupPFGC
4.9%-0.9pp
Wingstop logo
WingstopWING
43%-7.7pp

Other financials

Income statement

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Revenue$978.8M+5.6%
Gross profit$586.2M+0.2%
Operating income$55.0M+5.9%
Net income$49.5M+50.4%
EPS (diluted)$1.02+52.2%

Balance sheet

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Cash & equivalents$235.1M+73.6%
Total debt$2.1B+1.9%
Total equity$459.2M+35.3%
Total assets$3.3B+6.0%

Cash flow

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Operating cash flow$96.7M+22.6%
CapEx$43.4M+1.3%
Free cash flow$53.3M+47.8%

Valuation

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Market cap$3.83B+8.6%

Profitability

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Gross margin75.9%-1.9pp
Operating margin5%-0.3pp
Net margin4.3%0.0pp
FCF margin4.5%+1.3pp

Returns & leverage

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Return on equity41.3%-5.3pp
Debt / equity4.7×-1.5×
Current ratio0.6×+0.1×

Where this comes from

Calculated from Cheesecake Factory’s reported figures.

Based on trailing twelve months.

The official record: Cheesecake Factory’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cheesecake Factory's return on invested capital?
Cheesecake Factory (CAKE) reported return on invested capital of 7.4% in Q1 2026.
How has Cheesecake Factory's return on invested capital changed year-over-year?
Cheesecake Factory's return on invested capital decreased by 7.7% year-over-year, from 8% to 7.4%.
What is the long-term trend for Cheesecake Factory's return on invested capital?
Over 4 years (2020 to 2025), Cheesecake Factory's return on invested capital has grown at a -19.8% compound annual growth rate (CAGR), from -17.9% to 7.4%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.