The Cheesecake Factory Incorpor (CAKE) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

The Cheesecake Factory Incorpor

NasdaqGS•Consumer Cyclical•Restaurants

$97.02+0.29(<0.01%)Pre-market

Market Cap

$4.47B

P/E

25.0x

P/S

1.2x

P/B

8.6x

The Cheesecake Factory Incorporated operates and licenses restaurants in the United States and Canada. It operates bakeries that produce cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors. The company operates restaurants under the brands comprising The Cheesecake Factory, North Italia, Flower Child, and Fox Restaurant Concepts. The Cheesecake Factory Incorporated was founded in 1972 and is headquartered in Calabasas, California.

How this company scores

GoodMetricSide Score: 69/100

Strongest: Cash & Earnings Quality (22/25); weakest: Balance Sheet & Red Flags (14/25).

Profitability16/25

Growth17/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality22/25

Strengths

Rising free cash flowHigh ROEImproving leverageConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 25.0x5y range 15.3x – 1991.1x

Currently near its 19-quarter median.

P/S · 1.2x5y range 0.4x – 1.2x

Currently above its 20-quarter median.

P/B · 8.6x5y range 4.0x – 8.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 8.6% — watch for continued compression, which may signal competitive or cost pressure.

Price & Volume

Market Cap $4.47B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.88B
Q. Revenue: $1.03B
TTM EBITDA: $317.33M
TTM Op. Income: $204.16M
Q. Op. Income: $78.61M
TTM Net Income: $178.62M
Q. Net Income: $68.39M
EPS: $1.47
Shares Out.: $46.63M

$3.88B in TTM revenue grew 6.2% YoY, reaching $1.03B last quarter. TTM EBITDA of $317.33M and TTM operating income of $204.16M show growth is flowing through to the bottom line. TTM net income of $178.62M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 10.5%
Op. Margin: 7.6%
Net Margin: 6.6%

Op. margin of 7.6% is up 0.9% YoY — cost efficiency is improving. Net margin at 6.6% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 25.0x
P/S Ratio: 1.2x
P/B Ratio: 8.6x

At 25.0x P/E, the stock trades within typical market levels. P/S of 1.2x and P/B of 8.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 47% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.29B
Cash: $195.17M
Long-Term Debt: $562.89M
Book Value: $518.96M
D/E Ratio: 1.1
Debt/EBITDA: 5.2

With $3.29B in assets and $562.89M in long-term debt, D/E is 1.1and book value is $518.96M — moderate leverage. Across the last 8 quarters, debt/equity has fallen for 5 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $92.21M
TTM Free Cash Flow: $206.30M
FCF Margin: 5.3%
FCF / Net Income: 1.2

TTM FCF of $206.30M on $92.21M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.