Cheesecake Factory Return on Equity (ROE) Growth & History (CAKE)
Cheesecake Factory's return on equity was 33.74% for fiscal 2025.
View full Cheesecake Factory company overviewCheesecake Factory annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-30 | 33.74% | −7.44 pp |
| 2024 | 2024-12-31 | 41.18% | +7.95 pp |
| 2023 | 2024-01-02 | 33.23% | +19.36 pp |
| 2022 | 2023-01-03 | 13.86% | −9.53 pp |
| 2021 | 2021-12-28 | 23.39% | +82.28 pp |
| 2020 | 2020-12-29 | −58.89% | −81.17 pp |
| 2019 | 2019-12-31 | 22.28% | +5.56 pp |
| 2018 | 2019-01-01 | 16.72% | — |
| 2010 | 2010-12-28 | 14.74% | +5.90 pp |
| 2009 | 2009-12-29 | 8.84% | — |
Cheesecake Factory quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 13.98% | −0.82 pp |
| Q1 2026 | 2026-03-31 | 11.06% | +2.65 pp |
| Q4 2025 | 2025-12-30 | 6.68% | −3.12 pp |
| Q3 2025 | 2025-09-30 | 7.72% | −0.07 pp |
| Q2 2025 | 2025-07-01 | 14.81% | −0.04 pp |
| Q1 2025 | 2025-04-01 | 8.42% | −1.79 pp |
| Q4 2024 | 2024-12-31 | 9.80% | +5.84 pp |
| Q3 2024 | 2024-10-01 | 7.79% | +2.24 pp |
| Q2 2024 | 2024-07-02 | 14.85% | +1.21 pp |
| Q1 2024 | 2024-04-02 | 10.20% | +0.73 pp |
| Q4 2023 | 2024-01-02 | 3.96% | +4.97 pp |
| Q3 2023 | 2023-10-03 | 5.54% | — |
| Q2 2023 | 2023-07-04 | 13.64% | +6.48 pp |
| Q1 2023 | 2023-04-04 | 9.48% | +2.72 pp |
| Q4 2022 | 2023-01-03 | −1.01% | −1.66 pp |
| Q2 2022 | 2022-06-28 | 7.16% | −4.06 pp |
| Q1 2022 | 2022-03-29 | 6.76% | +5.48 pp |
| Q4 2021 | 2021-12-28 | 0.65% | +11.23 pp |
| Q3 2021 | 2021-09-28 | 10.78% | +19.18 pp |
| Q2 2021 | 2021-06-29 | 11.22% | +25.89 pp |
| Q1 2021 | 2021-03-30 | 1.28% | +28.77 pp |
| Q4 2020 | 2020-12-29 | −10.58% | −19.39 pp |
| Q3 2020 | 2020-09-29 | −8.41% | −11.40 pp |
| Q2 2020 | 2020-06-30 | −14.67% | — |
| Q1 2020 | 2020-03-31 | −27.49% | −32.34 pp |
| Q4 2019 | 2019-12-31 | 8.81% | — |
| Q3 2019 | 2019-10-01 | 2.99% | — |
| Q1 2019 | 2019-04-02 | 4.85% | — |
| Q1 2011 | 2011-03-29 | 3.53% | — |
| Q4 2010 | 2010-12-28 | 3.82% | — |
| Q3 2010 | 2010-09-28 | 4.00% | — |
| Q2 2010 | 2010-06-29 | 3.62% | — |
Cheesecake Factory return on equity trends
Over the last five fiscal years, Cheesecake Factory's return on equity increased from −58.89% to 33.74%, a change of +92.63 percentage points. The latest reported quarter, Q2 2026, shows 13.98%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cheesecake Factory source filings ↗