Texas Roadhouse (TXRH)
Runs steak-led dining concepts with a performance-linked restaurant operator model.
Something off on this page? Send us feedback.
Operates Texas Roadhouse steak restaurants alongside Bubba's 33 casual dining and Jaggers fast casual, with the namesake concept generating most sales. Growth depends on profitable new locations, suitable sites, restaurant staffing, consistent execution and food inputs, especially beef.
Built around hand-cut steaks, ribs, made-from-scratch sides and fresh-baked bread, the Texas Roadhouse concept anchors a restaurant portfolio that also includes Bubba's 33 and Jaggers. Bubba's 33 serves pizza, burgers and beer in casual dining, while Jaggers offers made-to-order fast-casual burgers, chicken, salads and shakes.
Operations are concentrated in the United States, with the namesake concept also franchised internationally. Company-operated restaurants are supplemented by domestic and international franchise partners.
Execution rests on restaurant-level managing partners whose performance bonuses are tied to pre-tax income, alongside centralized purchasing and standardized food systems. The portfolio depends on profitable openings, suitable real estate, staffing, operator retention, discretionary guest spending and reliable food inputs, particularly beef.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 15, 2026 | Seaport Global | Initiate | Rating: —Target: — | Target: $195 |
| Aug 10, 2026 | Piper Sandler | Reiterate | Rating: —Target: $192 | Target: $208 |
| Aug 7, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $201 | Target: $212 |
| Aug 7, 2026 | RBC Capital | Reiterate | Rating: —Target: $210 | Target: $235 |
| Aug 7, 2026 | Robert W. Baird | Target | Target: $180 | Target: $235 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $202.4M · Total debt $1.09B · Total assets $3.67B · Shareholders' equity $1.56B
- Revenue
- $1.68B
- Operating income
- $142.8M
- Net income
- $121.9M
HistoryDividendAnnual yield
| Institutions | 99.82% | 65.61M shares | |
|---|---|---|---|
| 669 holders · as of Jun 30, 2026 | |||
| Insiders | 6.33% | 4.16M shares | |
| 19 holders · as of Aug 27, 2026 | |||
| Adds to | 106.15% | ||
65.73M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 106.15%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Melvin Capital Management LPInstitution | 10.50% | 6.90M | filed Feb 14, 2022 |
BlackRock, Inc.Institution | 10.02% | 6.59M | as of Jun 30, 2026 |
Capital World InvestorsInstitution | 6.60% | 4.34M | as of Jun 30, 2026 |
AQR Capital Management LLCInstitution | 6.21% | 4.08M | as of Jun 30, 2026 |
W. Kent TaylorInsider | 5.84% | 3.84M | filed Feb 12, 2020 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 25, 2026 | Hugh J. Carroll | director | −650 | $203.99 |
| Aug 26, 2026 | Lloyd Paul Marshall | officer: CHIEF GROWTH OFFICER | −500 | $204.65 |
| Aug 21, 2026 | Gerald L. Morgan | director, officer: CEO, EXECUTIVE VICE CHAIRMAN | −15,000 | $202.17 |
| Aug 17, 2026 | Donna E. Epps | director | −820 | $206.56 |
| Aug 17, 2026 | Keith Humpich | officer: CHIEF ACCT & FIN SVCS OFFCR | −819 | $204.11 |
- Darden Restaurants
Direct steakhouse and broad casual-dining overlap
- Bloomin' Brands
Direct steakhouse overlap through Outback Steakhouse
- Brinker International
Scaled bar-and-grill overlap through Chili's
- Dine Brands
Neighborhood casual-dining and fast-casual overlap
- The Cheesecake Factory
Upscale casual-dining overlap across full-service occasions
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Texas Roadhouse | $166.73 | +0.72% | $10.88B | 26.5 | 23.1 | 1.7 | +11.1% |
| Darden Restaurants | $215.34 | +1.91% | $24.21B | 20.3 | 19.1 | 1.8 | +13.7% |
| Bloomin' Brands | $8.79 | +4.26% | $721.7M | 27.2 | 9.5 | 0.2 | +1.3% |
| Brinker International | $212.27 | +5.97% | $8.59B | 18.4 | 16.0 | 1.5 | +5.1% |
| Dine Brands | $28.66 | +0.88% | $360.4M | 58.0 | 6.6 | 0.4 | +4.4% |
| The Cheesecake Factory | $103.17 | +3.72% | $4.94B | 27.0 | 22.1 | 1.3 | +7.7% |
| Median | 27.0 | 16.0 | 1.3 | +5.1% |