The Cheesecake FactoryFRA:CF2 -0.26%72 Dividend Payout Ratio is 0.29 as of Mar. 2026, which is 28% below its 10-year median of 0.40. GuruFocus rates FRA:CF2 with a GF Score™ of 72/100 and a GF Value™ of €41.54 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 167 Restaurants companies, The Cheesecake Factory ranks better than 64.67% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. The Cheesecake Factory's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.29.
The historical rank and industry rank for The Cheesecake Factory's Dividend Payout Ratio or its related term are showing as below:
FRA:CF2'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.4 Max: 0.54
Current: 0.29
During the past 13 years, the highest Dividend Payout Ratio of The Cheesecake Factory was 0.54. The lowest was 0.29. And the median was 0.40.
FRA:CF2's Dividend Payout Ratio is ranked better than 64.67% of 167
companies
in the Restaurants industry
Industry Median: 0.39
vs FRA:CF2: 0.29
During the past 13 years, the highest Trailing Annual Dividend Yield of The Cheesecake Factory was 9.09%. The lowest was 0.58%. And the median was 2.24%.
During the past 12 months, The Cheesecake Factory's average Dividends Per Share Growth Rate was 2.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Cheesecake Factory was 44.90% per year. The lowest was -30.20% per year. And the median was 19.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
The Cheesecake Factory (FRA:CF2) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
The Cheesecake Factory Dividend Payout Ratio Related Terms
The Cheesecake Factory Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for The Cheesecake Factory's Dividend Payout Ratio 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 Dividend Payout Ratio Chart
FRA:CF2 vs SHAK, WING, ARCO: Dividend Payout Ratio Comparison
For the Restaurants subindustry, The Cheesecake Factory's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, The Cheesecake Factory's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where The Cheesecake Factory's Dividend Payout Ratio falls into.
The Cheesecake Factory Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
The Cheesecake Factory's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:CF2) has a Dividend Payout Ratio of 0.29 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Cheesecake Factory and its competitors. This is 28% below median its historical median of 0.40. Over the past decade, The Cheesecake Factory's Dividend Payout Ratio has ranged from 0.29 to 0.54. According to the industry distribution chart, The Cheesecake Factory ranks #59 out of 167 companies in the Restaurants industry, placing it in the top 35.3%.
Is The Cheesecake Factory's Dividend Payout Ratio too high?
The Cheesecake Factory's current Dividend Payout Ratio of 0.29 is 28% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.54. The Restaurants industry median Dividend Payout Ratio is 0.39. The Cheesecake Factory's value of 0.29 is 25.6% below this industry median. Based on the distribution chart, The Cheesecake Factory ranks #59 out of 167 companies in the Restaurants industry, which is above the industry midpoint. 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 Dividend Payout Ratio compare to SHAK and WING?
According to the Restaurants industry distribution chart, The Cheesecake Factory ranks #59 out of 167 companies for Dividend Payout Ratio. This puts The Cheesecake Factory in the upper half of its industry. The industry median Dividend Payout Ratio is 0.39. The Cheesecake Factory's value of 0.29 is 25.6% below this benchmark. Historically, The Cheesecake Factory's own Dividend Payout Ratio has ranged from 0.29 to 0.54 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.39, The Cheesecake Factory has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Restaurants company?
The median Dividend Payout Ratio among Restaurants companies is 0.39, based on 167 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Cheesecake Factory's current Dividend Payout Ratio of 0.29 is 25.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Cheesecake Factory and its competitors. For the Restaurants industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Cheesecake Factory's current Dividend Payout Ratio is 0.29, which is 28% below median its own 10-year median of 0.40. 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 (FRA:CF2) is currently considered Significantly Overvalued. The stock's GF Value™ is €41.54, compared to a current price of €67.98 — trading 63.6% above its estimated fair value. The current Dividend Payout Ratio is 0.29, which is 28% below median its 10-year median of 0.40 and 25.6% below the Restaurants industry median of 0.39. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For The Cheesecake Factory (FRA:CF2), the current Dividend Payout Ratio is 0.29 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 (FRA:CF2) Overvalued in 2026?
Based on GuruFocus' analysis, The Cheesecake Factory stock appears to be overvalued.
The current stock price of €67.98 is trading 63.6% above its estimated GF Value™ of €41.54.
GuruFocus considers The Cheesecake Factory to be Significantly Overvalued.
Key valuation signals for FRA:CF2:
Dividend Payout Ratio: 0.29 (28% below median its 10-year median of 0.40)
GF Value™: €41.54 vs. price of €67.98 (63.6% above fair value)
Industry Position: 25.6% below the Restaurants median (#59 of 167)
No single metric tells the full story. See the FRA:CF2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 FRA:CF2
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