Texas Roadhouse Inc (TXRH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 353,989 | 320,197 | 297,192 | 23,844 | 212,023 |
| Revenue | US$ in thousands | 4,627,390 | 4,009,110 | 3,460,580 | 2,394,680 | 2,750,280 |
| Operating profit margin | 7.65% | 7.99% | 8.59% | 1.00% | 7.71% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $353,989K ÷ $4,627,390K
= 7.65%
The operating profit margin of Texas Roadhouse Inc has exhibited some fluctuations over the past five years. In 2023, the operating profit margin decreased to 7.65% from 7.99% in 2022. Despite this decrease, the margin remained relatively stable compared to previous years. The highest operating profit margin was observed in 2021 at 8.59%, showing strong profitability for the company. The margin sharply dropped to 1.00% in 2020 before rebounding to 7.71% in 2019. Overall, Texas Roadhouse Inc has generally maintained moderate to healthy operating profit margins, with some fluctuations over the years.
Peer comparison
Dec 31, 2023