Stock Market Information for Texas Roadhouse Inc (TXRH)
- Texas Roadhouse Inc is an equity in the USA market.
- The price is 164.97 USD currently with a change of -0.08 USD (-0.00%) from the previous close.
- The latest open price was 165.17 USD and the intraday volume is 241,598.
- The intraday high is 166.63 USD and the intraday low is 164.64 USD.
- The latest trade time is Tuesday, December 9, 10:44:50 PST.
Company Profile: Texas Roadhouse Inc
Background
Texas Roadhouse, Inc. is a prominent American casual dining restaurant chain specializing in Texan and Southwestern cuisine. Founded in 1993 by W. Kent Taylor in Clarksville, Indiana, the company has grown to operate over 800 locations across 49 U.S. states and ten international markets, including Saudi Arabia, Kuwait, Bahrain, the United Arab Emirates, Qatar, the Philippines, Taiwan, Mexico, China, and South Korea. The brand is renowned for its hand-cut steaks, fall-off-the-bone ribs, made-from-scratch sides, and fresh-baked bread.
Key Strategic Focus
Texas Roadhouse's strategic focus centers on delivering high-quality, made-from-scratch food at a great value, accompanied by legendary service. The company operates primarily through its flagship brand, Texas Roadhouse, and also manages two other concepts: Bubba's 33, a family-friendly restaurant featuring scratch-made food with a rock 'n' roll ambiance, and Jaggers, a fast-casual concept offering burgers and chicken sandwiches. The brand emphasizes operational efficiency, community engagement, and a lively dining atmosphere to drive customer loyalty and market expansion.
Financial Performance
As of September 30, 2025, Texas Roadhouse reported total revenue of $5.37 billion, a 16% increase from the previous year. Net income for the same period was $433.6 million, reflecting a 42.2% growth year-over-year. The company maintains a debt-free balance sheet, providing financial flexibility for future growth initiatives. Capital expenditures in 2024 amounted to $354.3 million, with $162.9 million allocated to dividends and $79.8 million to stock repurchases.
Pipeline Development and Expansion
Texas Roadhouse continues to expand its footprint by opening approximately 30 new company-owned restaurants in 2025. The company has also acquired 13 domestic franchise locations, enhancing its operational control and market presence. Menu price adjustments, including a 1.4% increase in early Q2 2025, have been implemented to offset rising costs and support profitability.
Technological Platform and Innovation
The company invests in operational efficiency initiatives, including supply chain optimizations and digital kitchen upgrades, with a full rollout expected by 2025. These efforts aim to maintain profitability and enhance the customer experience.
Leadership Team
- Jerry Morgan: Chief Executive Officer (CEO) and President. Morgan has been with Texas Roadhouse since 2004, serving in various leadership roles including Chief Operating Officer. He became CEO in 2021, succeeding founder W. Kent Taylor after his passing.
- Keith Humpich: Interim Chief Financial Officer (CFO). Humpich joined Texas Roadhouse in 2018 as Vice President of Finance and was appointed interim CFO in 2025.
- Hernan Mujica: Chief Information Officer (CIO). Joined in 2023 with extensive experience in technology and operations.
- Chris Colson: General Counsel. Has been with the company since 2010, overseeing legal affairs and corporate governance.
- Gina Tobin: President. Joined in 2021, focusing on strategic initiatives and brand development.
- Travis Doster: Chief Communication Officer. Has served since 2010, managing public relations and corporate communications.
Strategic Collaborations and Community Engagement
Texas Roadhouse has engaged in various community support initiatives, including partnerships with Habitat for Humanity International and Homes For Our Troops. The company sponsors a road cycling team and is a major supporter of the Special Olympics.
Competitor Profile and Market Dynamics
Industry Overview
The casual dining industry is highly competitive with key players focused on menu innovation, customer service excellence, and strategic expansion to capture market share. Texas Roadhouse distinguished itself by surpassing competitors like Applebee's in sales in 2023 and becoming the largest casual-dining restaurant chain in the U.S. by April 2025.
Major Competitors
- Olive Garden: Operated by Darden Restaurants, Olive Garden specializes in Italian cuisine and reported $5.11 billion in sales in 2023, marking an 8.8% increase from the previous year.
- Applebee's: Also part of Darden Restaurants, offers American cuisine. In 2023, Applebee's reported $4.35 billion in sales, representing a slight decline of 0.1% from the previous year.
- LongHorn Steakhouse: Another Darden Restaurants brand competing in the steakhouse segment, with $3.01 billion in sales in 2024.
- Outback Steakhouse: Operated by Bloomin' Brands, a key player in the steakhouse category, reported $2.72 billion in sales in 2024.
Operational Insights of Texas Roadhouse
Texas Roadhouse's deliberate focus on quality food, exceptional service, and a lively atmosphere contributes to its strong market position. The company employs a disciplined expansion strategy and is committed to operational efficiency supported by technology and an owner-operator model, strengthening competitive advantages.
Strategic Opportunities and Future Direction
Texas Roadhouse plans to continue its expansion into underserved markets, with approximately 30 new company-owned restaurants slated for 2025. The company is adapting to evolving consumer preferences by introducing mocktails and upgrading its guest management system to improve seating and reduce wait times. These initiatives are designed to enhance the customer experience and support sustained growth.
