The Cheesecake Factory (CAKE)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 154,342 | 165,350 | 176,358 | 182,055 | 187,752 | 137,064 | 86,376 | 65,847 | 45,318 | 84,971 | 124,624 | 139,667 | 154,710 | 92,141 | 29,572 | -5,994 | -41,560 | 2,512 | 46,584 | 76,964 |
| 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 |
| Pretax margin | 4.32% | 4.65% | 4.98% | 5.11% | 5.23% | 3.85% | 2.44% | 1.89% | 1.33% | 2.50% | 3.67% | 4.07% | 4.47% | 2.64% | 0.84% | -0.17% | -1.24% | 0.08% | 1.44% | 2.37% |
January 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $154,342K ÷ $3,572,868K
= 4.32%
The pretax margin of The Cheesecake Factory has shown fluctuations over the reported periods. Starting from September 2022 at 2.37%, the margin decreased in the following months, reaching its lowest point at -1.24% by January 2023. Subsequently, there was a gradual improvement, with intermittent fluctuations, until reaching 4.32% by January 2025.
Overall, the pretax margin trend indicates some volatility in the company's operational efficiency and profitability before showing signs of a recovery and improvement in recent periods. It is important for stakeholders to monitor this ratio closely to assess the company's ability to control costs and generate profits before taxes.
Peer comparison
Jan 31, 2025