Cheesecake Factory annual operating margin
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Cheesecake Factory Operating Margin Growth & History (CAKE)
Cheesecake Factory's operating margin was 4.99% for fiscal 2025.
View full Cheesecake Factory company overviewCheesecake Factory annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-30 | 4.99% | +0.01 pp |
| 2024 | 2024-12-31 | 4.98% | +1.82 pp |
| 2023 | 2024-01-02 | 3.16% | +1.98 pp |
| 2022 | 2023-01-03 | 1.18% | −1.63 pp |
| 2021 | 2021-12-28 | 2.81% | +20.33 pp |
| 2020 | 2020-12-29 | −17.52% | −21.69 pp |
| 2019 | 2019-12-31 | 4.17% | −0.93 pp |
| 2018 | 2019-01-01 | 5.10% | −1.66 pp |
| 2017 | 2018-01-02 | 6.76% | −2.07 pp |
| 2016 | 2017-01-03 | 8.83% | +0.97 pp |
| 2015 | 2015-12-29 | 7.87% | +0.54 pp |
| 2014 | 2014-12-30 | 7.32% | −1.25 pp |
| 2013 | 2013-12-31 | 8.57% | +0.90 pp |
| 2012 | 2013-01-01 | 7.67% | +0.07 pp |
| 2011 | 2012-01-03 | 7.59% | −0.13 pp |
| 2010 | 2010-12-28 | 7.73% | +3.12 pp |
| 2009 | 2009-12-29 | 4.60% | −0.82 pp |
| 2008 | 2008-12-30 | 5.43% | — |
Cheesecake Factory quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 7.63% | +0.85 pp |
| Q1 2026 | 2026-03-31 | 5.62% | +0.02 pp |
| Q4 2025 | 2025-12-30 | 3.46% | −1.61 pp |
| Q3 2025 | 2025-09-30 | 4.11% | +0.21 pp |
| Q2 2025 | 2025-07-01 | 6.78% | +0.29 pp |
| Q1 2025 | 2025-04-01 | 5.60% | +1.19 pp |
| Q4 2024 | 2024-12-31 | 5.06% | +4.14 pp |
| Q3 2024 | 2024-10-01 | 3.89% | +1.60 pp |
| Q2 2024 | 2024-07-02 | 6.49% | +1.01 pp |
| Q1 2024 | 2024-04-02 | 4.41% | +0.49 pp |
| Q4 2023 | 2024-01-02 | 0.93% | +2.62 pp |
| Q3 2023 | 2023-10-03 | 2.29% | +2.57 pp |
| Q2 2023 | 2023-07-04 | 5.48% | +2.12 pp |
| Q1 2023 | 2023-04-04 | 3.92% | +0.35 pp |
| Q4 2022 | 2023-01-03 | −1.69% | −1.82 pp |
| Q3 2022 | 2022-09-27 | −0.28% | −4.44 pp |
| Q2 2022 | 2022-06-28 | 3.36% | −1.99 pp |
| Q1 2022 | 2022-03-29 | 3.57% | +2.16 pp |
| Q4 2021 | 2021-12-28 | 0.13% | +7.12 pp |
| Q3 2021 | 2021-09-28 | 4.16% | +10.89 pp |
| Q2 2021 | 2021-06-29 | 5.35% | +33.64 pp |
| Q1 2021 | 2021-03-30 | 1.41% | +32.31 pp |
| Q4 2020 | 2020-12-29 | −7.00% | −7.92 pp |
| Q3 2020 | 2020-09-29 | −6.73% | −11.33 pp |
| Q2 2020 | 2020-06-30 | −28.29% | −34.95 pp |
| Q1 2020 | 2020-03-31 | −30.90% | −35.93 pp |
| Q4 2019 | 2019-12-31 | 0.92% | −2.39 pp |
| Q3 2019 | 2019-10-01 | 4.60% | −1.23 pp |
| Q2 2019 | 2019-07-02 | 6.65% | +0.77 pp |
| Q1 2019 | 2019-04-02 | 5.03% | −0.37 pp |
| Q4 2018 | 2019-01-01 | 3.31% | −1.02 pp |
| Q3 2018 | 2018-10-02 | 5.82% | −0.36 pp |
| Q2 2018 | 2018-07-03 | 5.88% | −2.93 pp |
| Q1 2018 | 2018-04-03 | 5.40% | −2.34 pp |
| Q4 2017 | 2018-01-02 | 4.33% | −3.49 pp |
| Q3 2017 | 2017-10-03 | 6.18% | −2.76 pp |
| Q2 2017 | 2017-07-04 | 8.81% | −1.06 pp |
| Q1 2017 | 2017-04-04 | 7.73% | −1.04 pp |
| Q4 2016 | 2017-01-03 | 7.82% | +0.45 pp |
| Q3 2016 | 2016-09-27 | 8.94% | +2.17 pp |
| Q2 2016 | 2016-06-28 | 9.88% | +0.47 pp |
| Q1 2016 | 2016-03-29 | 8.78% | +0.85 pp |
| Q4 2015 | 2015-12-29 | 7.36% | +0.40 pp |
| Q3 2015 | 2015-09-29 | 6.77% | −0.08 pp |
| Q2 2015 | 2015-06-30 | 9.40% | +0.80 pp |
| Q1 2015 | 2015-03-31 | 7.93% | +1.06 pp |
| Q4 2014 | 2014-12-30 | 6.96% | −2.38 pp |
| Q3 2014 | 2014-09-30 | 6.85% | −1.38 pp |
| Q2 2014 | 2014-07-01 | 8.60% | −0.16 pp |
| Q1 2014 | 2014-04-01 | 6.87% | −1.08 pp |
| Q4 2013 | 2013-12-31 | 9.34% | +3.27 pp |
| Q3 2013 | 2013-10-01 | 8.22% | −0.44 pp |
| Q2 2013 | 2013-07-02 | 8.76% | −0.25 pp |
| Q1 2013 | 2013-04-02 | 7.95% | +1.01 pp |
| Q4 2012 | 2013-01-01 | 6.07% | −1.93 pp |
| Q3 2012 | 2012-10-02 | 8.67% | +1.64 pp |
| Q2 2012 | 2012-07-03 | 9.01% | +0.85 pp |
| Q1 2012 | 2012-04-03 | 6.93% | −0.19 pp |
| Q4 2011 | 2012-01-03 | 7.99% | +0.59 pp |
| Q3 2011 | 2011-09-27 | 7.03% | −0.48 pp |
| Q2 2011 | 2011-06-28 | 8.16% | −0.74 pp |
| Q1 2011 | 2011-03-29 | 7.13% | +0.06 pp |
| Q4 2010 | 2010-12-28 | 7.40% | +0.58 pp |
| Q3 2010 | 2010-09-28 | 7.51% | +0.41 pp |
| Q2 2010 | 2010-06-29 | 8.90% | — |
| Q1 2010 | 2010-03-30 | 7.07% | — |
| Q3 2009 | 2009-09-29 | 6.82% | — |
| Q2 2009 | 2009-06-30 | 7.10% | — |
Cheesecake Factory operating margin trends
Over the last five reported fiscal years, Cheesecake Factory's operating margin increased from −17.52% to 4.99%, a change of +22.51 percentage points. The latest reported quarter, Q2 2026, shows 7.63%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cheesecake Factory filings at SEC.gov ↗