The Cheesecake Factory (CAKE)
Gross profit margin
| Jan 31, 2025 | Dec 31, 2024 | Oct 31, 2024 | Sep 30, 2024 | Jul 31, 2024 | Jun 30, 2024 | Apr 30, 2024 | Mar 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Oct 31, 2023 | Sep 30, 2023 | Jul 31, 2023 | Jun 30, 2023 | Apr 30, 2023 | Mar 31, 2023 | Jan 31, 2023 | Dec 31, 2022 | Oct 31, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,385,058 | 1,106,103 | 1,232,190 | 1,246,476 | 1,259,200 | 1,246,215 | 1,090,006 | 1,315,077 | 1,278,626 | 1,529,529 | 1,659,864 | 1,674,412 | 1,704,281 | 1,699,058 | 2,186,455 | 1,891,620 | 1,632,691 | 1,361,121 | 645,001 | 900,920 |
| Revenue (ttm) | US$ in thousands | 3,572,868 | 3,555,947 | 3,539,026 | 3,564,778 | 3,590,530 | 3,563,497 | 3,536,464 | 3,475,451 | 3,414,438 | 3,403,599 | 3,392,760 | 3,428,664 | 3,464,568 | 3,491,200 | 3,517,832 | 3,435,719 | 3,353,606 | 3,293,447 | 3,233,288 | 3,242,997 |
| Gross profit margin | 38.77% | 31.11% | 34.82% | 34.97% | 35.07% | 34.97% | 30.82% | 37.84% | 37.45% | 44.94% | 48.92% | 48.84% | 49.19% | 48.67% | 62.15% | 55.06% | 48.68% | 41.33% | 19.95% | 27.78% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,385,058K ÷ $3,572,868K
= 38.77%
The gross profit margin of The Cheesecake Factory has shown variability over the analyzed period from September 30, 2022, to January 31, 2025. The margin started at 27.78% in September 2022, dipped to 19.95% by October 2022, but quickly recovered and increased to 41.33% by December 2022. There was a significant improvement in January 2023 when the gross profit margin reached 48.68%.
The company maintained a strong gross profit margin trend through March and April 2023, reaching 62.15% by April 30, 2023. However, there was a slight decline in the margin by June and July 2023, hovering around 48-49%. This dip was followed by a more stable period with the gross profit margin remaining around 48-49% until October 2023.
The margin decreased notably by the end of 2023, dropping to 31.11% by December 31, 2024. Subsequently, there was a slight recovery with the margin increasing to 38.77% by January 31, 2025.
Overall, the gross profit margin of The Cheesecake Factory displayed fluctuations throughout the analyzed period, influenced by various factors impacting the company's cost of goods sold and revenue generation. Monitoring and analyzing these trends is crucial for understanding the company's operational efficiency and profitability.
Peer comparison
Jan 31, 2025