The Cheesecake Factory (CAKE)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 156,783 | 101,351 | 43,123 | 72,373 | -253,365 |
| Revenue | US$ in thousands | 3,581,700 | 3,439,500 | 3,303,160 | 2,927,540 | 1,982,420 |
| Net profit margin | 4.38% | 2.95% | 1.31% | 2.47% | -12.78% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $156,783K ÷ $3,581,700K
= 4.38%
The net profit margin of The Cheesecake Factory has shown a significant improvement over the past five years, indicating enhanced profitability. Starting at a negative value of -12.78% in December 2020, the company managed to turn around its performance by achieving positive net profit margins of 2.47% in December 2021, 1.31% in December 2022, increasing further to 2.95% in December 2023, and reaching 4.38% in December 2024. This positive trend reflects the company's efforts to control costs, increase revenues, and operate more efficiently. It suggests that The Cheesecake Factory has been successful in generating more profit from its revenue streams and managing its expenses effectively over the years.
Peer comparison
Dec 31, 2024