The Cheesecake Factory (STU:CF2) EBIT: €165 Mil (TTM As of Mar. 2026)


STU:CF2 The Cheesecake Factory Inc STU:CF2
72 GF Score
Price €68.64
GF Value €42.39
Valuation Significantly Overvalued
! 7 Warning Signs
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What is The Cheesecake Factory EBIT?

The Cheesecake Factory STU:CF2 +1.42% 72 EBIT is €165 Mil as of Mar. 2026. GuruFocus rates STU:CF2 with a GF Score™ of 72/100 and a GF Value™ of €42.39 (Significantly Overvalued). The stock has 7 warning signs investors should review.

The Cheesecake Factory's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €48 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €165 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Cheesecake Factory's annualized ROC % for the quarter that ended in Mar. 2026 was 7.15%. The Cheesecake Factory's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Cheesecake Factory's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.25%.

The Cheesecake Factory  (STU:CF2) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The Cheesecake Factory's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=216.408 * ( 1 - 7.13% )/( (2805.986 + 2819.322)/ 2 )
=200.9781096/2812.654
=7.15 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2785.468 - 254.626 - ( 184.233 - max(0, 663.567 - 388.423+184.233))
=2805.986

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2852.2 - 306.642 - ( 203.353 - max(0, 675.857 - 402.093+203.353))
=2819.322

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

The Cheesecake Factory's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=191.496/( ( (1976.539 + max(-369.073, 0)) + (2030.086 + max(-291.12, 0)) )/ 2 )
=191.496/( ( 1976.539 + 2030.086 )/ 2 )
=191.496/2003.3125
=9.56 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 46.09 + 46.721) - (254.626 + 181.782 + 25.476)
=-369.073

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66.874 + 43.737 + 67.284) - (306.642 + 162.373 + 0)
=-291.12

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

The Cheesecake Factory's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=165.243/5088.896
=3.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Cheesecake Factory EBIT Related Terms

The Cheesecake Factory EBIT Historical Data

* Premium members only.

The historical data trend for The Cheesecake Factory's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Cheesecake Factory EBIT Chart

The Cheesecake Factory Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.85 38.12 101.03 173.00 148.04

The Cheesecake Factory Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.05 56.44 32.14 28.78 47.87

STU:CF2 vs SHAK, WING, ARCO: EBIT Comparison

For the Restaurants subindustry, The Cheesecake Factory's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Cheesecake Factory EV-to-EBIT vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Cheesecake Factory's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Cheesecake Factory's EV-to-EBIT falls into.


STU:CF2
72GF Score
The Cheesecake Factory Inc STU:CF2
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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The Cheesecake Factory EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €165 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €165 Mil mean?
The Cheesecake Factory (STU:CF2) has a EBIT of €165 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The Cheesecake Factory.
Is The Cheesecake Factory's EBIT too high?
The Cheesecake Factory's current EBIT is €165 Mil. Overall, The Cheesecake Factory has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Cheesecake Factory's EBIT compare to SHAK and WING?
The Cheesecake Factory's EBIT of €165 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Restaurants company?
A good EBIT depends on the Restaurants industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The Cheesecake Factory. The Cheesecake Factory's current EBIT is €165 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Cheesecake Factory stock overvalued right now?
Based on GuruFocus' analysis, The Cheesecake Factory (STU:CF2) is currently considered Significantly Overvalued. The stock's GF Value™ is €42.39, compared to a current price of €68.64 — trading 61.9% above its estimated fair value. The current EBIT is €165 Mil. The Cheesecake Factory's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For The Cheesecake Factory (STU:CF2), the current EBIT is €165 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Cheesecake Factory (STU:CF2) Overvalued in 2026?

Based on GuruFocus' analysis, The Cheesecake Factory stock appears to be overvalued. The current stock price of €68.64 is trading 61.9% above its estimated GF Value™ of €42.39. GuruFocus considers The Cheesecake Factory to be Significantly Overvalued.

Key valuation signals for STU:CF2:

  • EBIT: €165 Mil
  • GF Value™: €42.39 vs. price of €68.64 (61.9% above fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the STU:CF2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The Cheesecake Factory Business Description

Address 26901 Malibu Hills Road, Calabasas Hills, CA, USA, 91301
The Cheesecake Factory Inc is a restaurant company that owns and operates multiple casual dining brands across the United States and Canada under brands that include The Cheesecake Factory, North Italia, Flower Child, and additional brands within its Fox Restaurant Concepts portfolio. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, Other FRC, and Other. The majority of the company's revenue comes from the Cheesecake Factory restaurants segment.
72GF Score

Get the complete analysis for STU:CF2

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€68.64
Price
€42.39
GF Value