Texas Roadhouse Inc (TXRH)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	304,876	269,818	245,294	31,255	174,452
Revenue	US$ in thousands	4,627,390	4,009,110	3,460,580	2,394,680	2,750,280
Net profit margin		6.59%	6.73%	7.09%	1.31%	6.34%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $304,876K ÷ $4,627,390K
= 6.59%

The net profit margin of Texas Roadhouse Inc has displayed some fluctuations over the past five years. In 2023, the net profit margin was 6.59%, slightly lower than the previous year's margin of 6.73%. However, it remained relatively consistent with margins from 2019 and 2021, which were 6.34% and 7.09%, respectively. Notably, in 2020, there was a significant decrease in the net profit margin to 1.31%, possibly indicating challenges faced by the company during that year.

Overall, Texas Roadhouse Inc has generally maintained a moderate to healthy net profit margin range over the analyzed period, with some variability in performance from year to year. It is essential for stakeholders to continue monitoring the company's profitability trends to assess its operational efficiency and financial health accurately.