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Texas Roadhouse TXRH Credit Card — Contract With Customer Liability Current

Discontinued — last reported Q3 '22

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Other financials

Income statement

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Revenue$1.6B+12.8%
Operating income$146.3M+8.6%
Net income$126.0M+8.6%
EPS (diluted)$1.87+10.0%

Balance sheet

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Cash & equivalents$214.6M-3.0%
Total debt$1.1B+16.2%
Total equity$1.5B+9.9%
Total assets$3.6B+12.0%

Cash flow

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Operating cash flow$259.1M+9.0%
CapEx$80.2M+3.6%
Free cash flow$178.9M+11.6%

Valuation

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Market cap$11.68B-1.7%
Enterprise value$12.52B-0.3%
P/E27.5×+0.8×
P/S1.9×-0.2×

Profitability

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Gross margin67.6%
Operating margin8%-1.4pp
Net margin7%-1.1pp
FCF margin5.9%-1.2pp

Returns & leverage

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Return on equity29.3%-5.1pp
Debt / equity0.7×0.0×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Texas Roadhouse in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: Texas Roadhouse’s 10-Q, filed November 4, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Texas Roadhouse's credit card — contract with customer liability current?
Texas Roadhouse (TXRH) reported credit card — contract with customer liability current of $182.3M in Q3 2022.
How has Texas Roadhouse's credit card — contract with customer liability current changed year-over-year?
Texas Roadhouse's credit card — contract with customer liability current increased by 13.4% year-over-year, from $160.7M to $182.3M.
What does credit card — contract with customer liability current mean?
The total value of gift cards and prepaid credits held by customers that are expected to be used within the next year.
How do you interpret credit card — contract with customer liability current?
An increase indicates growing consumer demand for prepaid products and a larger pool of future revenue, whereas a decrease may signal reduced gift card sales or faster-than-expected redemption rates.
How does credit card — contract with customer liability current compare across companies?
Comparable to 'Unearned Revenue' or 'Gift Card Liability' reported by other hospitality and retail firms with significant prepaid card programs.