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Texas Roadhouse TXRH Franchise — Contract With Customer Liability Revenue Recognized

Discontinued — last reported Q4 '21

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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:ContractWithCustomerLiabilityRevenueRecognized.

The official record: Texas Roadhouse’s 10-K, filed February 25, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Texas Roadhouse's franchise — contract with customer liability revenue recognized?
Texas Roadhouse (TXRH) reported franchise — contract with customer liability revenue recognized of $75K in Q4 2021.
What does franchise — contract with customer liability revenue recognized mean?
This metric tracks the amount of previously deferred franchise revenue that has been recognized as income during the current reporting period. It represents the fulfillment of performance obligations related to franchise agreements, such as the ongoing provision of brand rights and support services.