Cheesecake Factory vs Brinker International
Brinker International reported revenue of $5.8 billion in fiscal 2026, 1.5 times Cheesecake Factory's $3.8 billion in fiscal 2025. Cheesecake Factory's revenue grew 4.8% in its latest year, and Brinker International's grew 7.9%. Cheesecake Factory had an operating margin of 5.0%, against 10.7% at Brinker International. Free cash flow was $155 million at Cheesecake Factory and $558 million at Brinker International. Their fiscal years end in different months (December 30 and June 24), so the periods don't line up exactly.
Side by side
| Cheesecake Factory | Brinker International | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 30, 2025 | FY2026, Jun 24, 2026 |
| Revenue | $3.8B | $5.8B |
| Revenue growth | 4.8% | 7.9% |
| Revenue growth a year, last 5 years | 13.6% | 11.7% |
| Gross margin | — | — |
| Operating margin | 5.0% | 10.7% |
| Net margin | 4.0% | 8.4% |
| Free cash flow | $155M | $558M |
| Free cash flow margin | 4.1% | 9.6% |
| Return on capital | 20.5% | 66.0% |
| Net debt to EBITDA | 1.4x | 0.4x |
| Dividends and buybacks | $206M | $444M |
| Change in diluted share count | −0.9% | −2.8% |
| Last close | $110.13 | $187.98 |
| P/E at the last close | 29.8× | 17.3× |
| Insider trades, last 12 months | sold $30.1 million | sold $59.2 million |
| Piotroski F-score | 5 of 8 | 8 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Cheesecake FactoryBrinker International
Operating margin
Percent of revenue
Cheesecake FactoryBrinker International
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Cheesecake FactoryBrinker International
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Cheesecake Factory and Brinker International pages.