Cheesecake Factory annual debt-to-equity ratio
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2025
Cheesecake Factory Debt-to-Equity Ratio Growth & History (CAKE)
Cheesecake Factory's debt-to-equity ratio was 4.88 for fiscal 2025.
View full Cheesecake Factory company overviewCheesecake Factory annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-30 | 4.88 | 0.58 | +13.41% |
| 2024 | 2024-12-31 | 4.30 | −1.54 | −26.41% |
| 2023 | 2024-01-02 | 5.85 | −0.46 | −7.23% |
| 2022 | 2023-01-03 | 6.30 | 0.80 | +14.60% |
| 2021 | 2021-12-28 | 5.50 | −0.17 | −2.99% |
| 2020 | 2020-12-29 | 5.67 | 2.86 | +101.60% |
| 2019 · Dec 31 | 2019-12-31 | 2.81 | 2.59 | +1148.86% |
| 2018 | 2019-01-01 | 0.23 | 0.02 | +11.87% |
| 2017 | 2018-01-02 | 0.20 | 0.03 | +15.75% |
| 2016 | 2017-01-03 | 0.17 | 0.02 | +12.10% |
| 2015 | 2015-12-29 | 0.16 | 0.01 | +7.65% |
| 2014 | 2014-12-30 | 0.14 | 0.03 | +21.11% |
| 2013 | 2013-12-31 | 0.12 | 0.02 | +20.60% |
| 2012 | 2013-01-01 | 0.10 | −0.01 | −6.05% |
| 2011 | 2012-01-03 | 0.11 | — | — |
Cheesecake Factory quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.01 | −1.23 | −23.44% |
| Q1 2026 | 2026-03-31 | 4.66 | −1.53 | −24.69% |
| Q4 2025 | 2025-12-30 | 4.88 | 0.58 | +13.41% |
| Q3 2025 | 2025-09-30 | 5.03 | 0.26 | +5.56% |
| Q2 2025 | 2025-07-01 | 5.24 | 0.21 | +4.20% |
| Q1 2025 | 2025-04-01 | 6.19 | 0.59 | +10.62% |
| Q4 2024 | 2024-12-31 | 4.30 | −1.54 | −26.41% |
| Q3 2024 | 2024-10-01 | 4.76 | −1.02 | −17.65% |
| Q2 2024 | 2024-07-02 | 5.03 | −0.62 | −10.97% |
| Q1 2024 | 2024-04-02 | 5.60 | −0.49 | −8.12% |
| Q4 2023 | 2024-01-02 | 5.85 | −0.46 | −7.23% |
| Q3 2023 | 2023-10-03 | 5.79 | — | — |
| Q2 2023 | 2023-07-04 | 5.65 | 0.65 | +12.96% |
| Q1 2023 | 2023-04-04 | 6.09 | 0.99 | +19.42% |
| Q4 2022 | 2023-01-03 | 6.30 | 0.80 | +14.60% |
| Q2 2022 | 2022-06-28 | 5.00 | −1.35 | −21.32% |
| Q1 2022 | 2022-03-29 | 5.10 | −0.04 | −0.86% |
| Q4 2021 | 2021-12-28 | 5.50 | −0.17 | −2.99% |
| Q3 2021 | 2021-09-28 | 5.67 | 0.27 | +4.95% |
| Q2 2021 | 2021-06-29 | 6.35 | 1.41 | +28.61% |
| Q1 2021 | 2021-03-30 | 5.15 | 1.04 | +25.31% |
| Q4 2020 | 2020-12-29 | 5.67 | 2.86 | +101.60% |
| Q3 2020 | 2020-09-29 | 5.40 | 2.81 | +108.31% |
| Q2 2020 | 2020-06-30 | 4.94 | — | — |
| Q1 2020 | 2020-03-31 | 4.11 | 2.15 | +110.11% |
| Q4 2019 | 2019-12-31 | 2.81 | 2.59 | +1148.86% |
| Q3 2019 | 2019-10-01 | 2.59 | 2.56 | +7855.53% |
| Q1 2019 | 2019-04-02 | 1.95 | 1.90 | +3771.61% |
| Q4 2018 | 2019-01-01 | 0.23 | 0.02 | +11.87% |
| Q3 2018 | 2018-10-02 | 0.03 | −0.02 | −36.60% |
| Q2 2018 | 2018-07-03 | 0.03 | — | — |
| Q1 2018 | 2018-04-03 | 0.05 | — | — |
| Q4 2017 | 2018-01-02 | 0.20 | 0.03 | +15.75% |
| Q3 2017 | 2017-10-03 | 0.05 | — | — |
| Q4 2016 | 2017-01-03 | 0.17 | 0.02 | +12.10% |
| Q4 2015 | 2015-12-29 | 0.16 | 0.01 | +7.65% |
| Q2 2015 | 2015-06-30 | 0.05 | −0.00 | −7.28% |
| Q1 2015 | 2015-03-31 | 0.05 | −0.00 | −0.79% |
| Q4 2014 | 2014-12-30 | 0.14 | 0.03 | +21.11% |
| Q2 2014 | 2014-07-01 | 0.05 | — | — |
| Q1 2014 | 2014-04-01 | 0.05 | — | — |
| Q4 2013 | 2013-12-31 | 0.12 | 0.02 | +20.60% |
| Q4 2012 | 2013-01-01 | 0.10 | −0.01 | −6.05% |
| Q4 2011 | 2012-01-03 | 0.11 | — | — |
Cheesecake Factory debt-to-equity ratio trends
Over the last five fiscal years, Cheesecake Factory's debt-to-equity ratio decreased from 5.67 to 4.88, a change of −0.79. The latest reported quarter, Q2 2026, shows 4.01.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cheesecake Factory source filings ↗