Cheesecake Factory profit margin CAKE
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 4.6%
- Operating margin, 12 months
- 5.3%
- Net margin on a year earlier
- +0.3 pts
- Peer median
- 5.8%
Over the twelve months to Jun 30, 2026, Cheesecake Factory kept 4.6% of its revenue as net profit, with an operating margin of 5.3%.
Five years earlier its net margin was −0.9%.
The median for 10 restaurant stocks of a similar size is 5.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 4.0% | 5.0% | n/a |
| FY2024 | 4.4% | 5.0% | n/a |
| FY2023 | 2.9% | 3.2% | n/a |
| FY2022 | 1.3% | 1.2% | n/a |
| FY2021 | 2.5% | 2.8% | 77.7% |
| FY2020 | −12.8% | −17.5% | 76.9% |
| FY2019 | 5.1% | 4.2% | 77.4% |
| FY2018 | 4.2% | 5.1% | 77.2% |
| FY2017 | 7.0% | 6.8% | 77.0% |
| FY2016 | 6.1% | 8.8% | 76.9% |
| FY2015 | 5.5% | 7.9% | 76.0% |
| FY2014 | 5.1% | 7.3% | 75.2% |
| FY2013 | 6.1% | 8.6% | 75.7% |
| FY2012 | 5.4% | 7.7% | 75.1% |
| FY2011 | 5.4% | 7.6% | 74.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 4.6% | +0.3 pts | 5.3% | |
| Q1 FY26 | 4.3% | +0.0 pts | 5.0% | |
| Q4 FY25 | 4.0% | −0.4 pts | 5.0% | |
| Q3 FY25 | 4.3% | +0.7 pts | 5.4% | |
| Q2 FY25 | 4.3% | +1.0 pts | 5.4% | |
| Q1 FY25 | 4.3% | +1.3 pts | 5.3% | |
| Q4 FY24 | 4.4% | +1.4 pts | 5.0% | |
| Q3 FY24 | 3.6% | +1.2 pts | 4.0% | |
| Q2 FY24 | 3.3% | +1.4 pts | 3.6% | |
| Q1 FY24 | 3.1% | +1.7 pts | 3.3% | |
| Q4 FY23 | 2.9% | +1.6 pts | 3.2% | |
| Q3 FY23 | 2.5% | +0.9 pts | 2.5% |
Against its peers
Companies in Restaurants nearest Cheesecake Factory's size, closest first, today.
| Company | Profit margin |
|---|---|
| CAKECheesecake Factory | 4.6% |
| CAVACava | 4.8% |
| BROSDutch Bros | 4.9% |
| EATBrinker International | 8.4% |
| WINGWingstop | 16.2% |
| SHAKShake Shack | 2.6% |
| TXRHTexas Roadhouse | 6.6% |
| ARMKAramark | 1.9% |
| YUMCYum China | 7.8% |
| CBRLCracker Barrel Old Country Store | 1.0% |
| DRIDarden Restaurants | 8.8% |
| Peer median | 5.8% |
Where Cheesecake Factory ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Cheesecake Factory
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.