Question 1

What is Texas Roadhouse's P/FCF ratio?

Accepted Answer

Texas Roadhouse (TXRH) P/FCF ratio is 35.1× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Texas Roadhouse?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Texas Roadhouse specifically, the relevant sector benchmark is the current sector median of 17.1×.

Question 5

Is Texas Roadhouse's P/FCF ratio high or low?

Accepted Answer

Texas Roadhouse's P/FCF ratio of 35.1× is above its own 5-year average of 29.4× and above the sector median of 17.1×. That places the current reading at the 72th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Texas Roadhouse's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Texas Roadhouse (TXRH) P/FCF ratio has ranged from a low of 11.4× in 2009 to a high of 1709.8× in 2005. The 5-year average is 29.4× and the 5-year median is 30.2×.

Question 7

What was Texas Roadhouse's P/FCF ratio in 2025?

Accepted Answer

Texas Roadhouse (TXRH) P/FCF ratio at the end of 2025 was 32.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Texas Roadhouse's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$11.1B	$342M	32.3×	+2.2×	Dec 30, 2025
2024	$12B	$399M	30.1×	-7.3×	Dec 31, 2024
2023	$8.17B	$218M	37.5×	+14.5×	Dec 31, 2023
2022	$6.09B	$266M	22.9×	-0.3×	Dec 31, 2022
2021	$6.21B	$268M	23.2×	-48.3×	Dec 31, 2021
2020	$5.43B	$76M	71.5×	+47.0×	Dec 31, 2020
2019	$3.91B	$160M	24.4×	+2.7×	Dec 31, 2019
2018	$4.27B	$197M	21.7×	-8.3×	Dec 31, 2018
2017	$3.75B	$125M	30.0×	-6.8×	Dec 31, 2017
2016	$3.4B	$92.3M	36.9×	-9.2×	Dec 31, 2016
2015	$2.51B	$54.5M	46.1×	+10.7×	Dec 31, 2015
2014	$2.35B	$66.3M	35.4×	+3.3×	Dec 31, 2014
2013	$1.96B	$61.2M	32.1×	+12.8×	Dec 31, 2013
2012	$1.18B	$61.1M	19.3×	+0.8×	Dec 31, 2012
2011	$1.03B	$55.7M	18.5×	+2.0×	Dec 31, 2011
2010	$1.24B	$74.9M	16.5×	+5.1×	Dec 31, 2010
2009	$794M	$69.6M	11.4×	—	Dec 31, 2009
2008	$538M	-$1.32M	—	—	Dec 31, 2008
2007	$827M	-$25.4M	—	—	Dec 31, 2007
2006	$986M	-$31.5M	—	—	Dec 31, 2006
2005	$1.14B	$3.34M	341.5×	—	Dec 31, 2005
2004	$1.21B	-$32.3M	—	—	Dec 31, 2004


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Avery Dennison (AVY)	15.2×
Wynn Resorts (WYNN)	15.1×
NVR (NVR)	14.9×
Booking Holdings (BKNG)	14.7×
D.R. Horton (DHI)	14.2×
V.F. (VFC)	12.6×
Deckers Outdoor (DECK)	12.0×
Carnival Corporation (CCL)	11.9×
Lululemon Athletica (LULU)	11.6×
Toll Brothers (TOL)	11.1×
Hasbro (HAS)	9.8×
PDD Holdings (PDD)	9.5×
LKQ (LKQ)	9.3×
KB Home (KBH)	8.8×
Mohawk Industries (MHK)	8.4×
MercadoLibre (MELI)	8.2×
Best Buy Co. (BBY)	7.9×
Etsy (ETSY)	7.2×
Leggett & Platt (LEG)	6.6×
Weyco Group (WEYS)	6.2×
Expedia Group (EXPE)	6.0×
MGM Resorts (MGM)	5.5×
Ford Motor (F)	4.8×
General Motors (GM)	4.3×

P/FCF Ratio for Texas Roadhouse (TXRH) 2005-2026

P/FCF Ratio daily chart for Texas Roadhouse (TXRH)

Historical P/FCF Ratio for Texas Roadhouse (TXRH) from 2004 to 2025

About P/FCF Ratio at Texas Roadhouse (TXRH)

Texas Roadhouse P/FCF Ratio by Year

Texas Roadhouse P/FCF Ratio 2025: 32.3×

Texas Roadhouse P/FCF Ratio 2024: 30.1×

Texas Roadhouse P/FCF Ratio 2023: 37.5×

Texas Roadhouse P/FCF Ratio 2022: 22.9×

Texas Roadhouse P/FCF Ratio 2021: 23.2×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Texas Roadhouse (TXRH) Key Financials