Texas Roadhouse Inc (TXRH)

Pretax margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 524,490 467,949 438,269 390,179 358,324 343,903 344,802 334,175 321,312 314,826 300,793 303,717 292,892 248,605 220,720 83,290 19,253 53,927 65,263 167,816
Revenue (ttm) US$ in thousands 5,373,330 5,099,780 4,948,530 4,778,530 4,631,670 4,476,840 4,348,388 4,201,798 4,014,924 3,900,980 3,776,625 3,650,803 3,463,946 3,206,349 2,968,591 2,546,228 2,398,123 2,485,372 2,504,676 2,718,079
Pretax margin 9.76% 9.18% 8.86% 8.17% 7.74% 7.68% 7.93% 7.95% 8.00% 8.07% 7.96% 8.32% 8.46% 7.75% 7.44% 3.27% 0.80% 2.17% 2.61% 6.17%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $524,490K ÷ $5,373,330K
= 9.76%

The pretax margin of Texas Roadhouse Inc has shown fluctuations over the reported periods. Starting at 6.17% on March 31, 2020, it decreased to 0.80% by December 31, 2020. However, the trend reversed, and the pretax margin increased steadily to reach 9.76% by December 31, 2024. This improvement indicates enhanced cost management and operational efficiency, resulting in higher profitability before taxes. Overall, the company's ability to generate profits has been on an upward trajectory, reflecting positively on its financial performance and potential for future growth.