The Cheesecake Factory (MIL:1CAKE) Tax Provision: €-15 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1CAKE The Cheesecake Factory Inc MIL:1CAKE
43 GF Score
Price €86.50
GF Value €47.33
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is The Cheesecake Factory Tax Provision?

The Cheesecake Factory MIL:1CAKE 43 Tax Provision is €-15 Mil as of Jun. 2026. GuruFocus rates MIL:1CAKE with a GF Score™ of 43/100 and a GF Value™ of €47.33 (Significantly Overvalued). The stock has 5 warning signs investors should review.

The Cheesecake Factory's tax provision for the three months ended in Jun. 2026 was €-7 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2026 was €-15 Mil.

The Cheesecake Factory Tax Provision Historical Data

* Premium members only.

The historical data trend for The Cheesecake Factory's Tax Provision 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 Tax Provision Chart

The Cheesecake Factory Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 9.73 1.24 -13.19 -12.82

The Cheesecake Factory Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Provision 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 -6.54 -3.07 -1.66 -3.25 -7.32
MIL:1CAKE
43GF Score
The Cheesecake Factory Inc MIL:1CAKE
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Cheesecake Factory Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-15 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 Tax Provision →
What does a Tax Provision of €-15 Mil mean?
The Cheesecake Factory (MIL:1CAKE) has a Tax Provision of €-15 Mil as of Jun. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on The Cheesecake Factory and its competitors.
Is The Cheesecake Factory's Tax Provision too high?
The Cheesecake Factory's current Tax Provision is €-15 Mil. Overall, The Cheesecake Factory has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Cheesecake Factory's Tax Provision compare to JMKE and BROS?
The Cheesecake Factory's Tax Provision of €-15 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 Tax Provision for a Restaurants company?
A good Tax Provision depends on the Restaurants industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on The Cheesecake Factory and its competitors. The Cheesecake Factory's current Tax Provision is €-15 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 (MIL:1CAKE) is currently considered Significantly Overvalued. The stock's GF Value™ is €47.33, compared to a current price of €86.50 — trading 82.8% above its estimated fair value. The current Tax Provision is €-15 Mil. The Cheesecake Factory's overall GF Score™ is 43/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For The Cheesecake Factory (MIL:1CAKE), the current Tax Provision is €-15 Mil as of Jun. 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 (MIL:1CAKE) Overvalued in 2026?

Based on GuruFocus' analysis, The Cheesecake Factory stock appears to be overvalued. The current stock price of €86.50 is trading 82.8% above its estimated GF Value™ of €47.33. GuruFocus considers The Cheesecake Factory to be Significantly Overvalued.

Key valuation signals for MIL:1CAKE:

  • Tax Provision: €-15 Mil
  • GF Value™: €47.33 vs. price of €86.50 (82.8% above fair value)
  • GF Score™: 43/100 with 5 warning signs

No single metric tells the full story. See the MIL:1CAKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The Cheesecake Factory Business Description

Other Exchanges CAKE:USACF2:Germany
Address 26901 Malibu Hills Road, Calabasas Hills, CA, USA, 91301
The Cheesecake Factory Inc is a US-based casual dining restaurant company that owns and operates restaurants under brands including The Cheesecake Factory, North Italia, and Flower Child, along with additional concepts within its Fox Restaurant Concepts portfolio. Its restaurants operate across the United States and Canada, while international locations in the Middle East and Mexico are run through licensing agreements with third parties. The company also operates a bakery division that produces cheesecakes and other baked goods for its restaurants, international licensees, and third-party bakery customers. It reports four operating segments: The Cheesecake Factory restaurants, North Italia, Other FRC, and Other. Revenue comes primarily from company-operated restaurant sales, supplemented by bakery sales and licensing fees, with The Cheesecake Factory restaurants segment contributing the majority of total revenue.
43GF Score

Get the complete analysis for MIL:1CAKE

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

€86.50
Price
€47.33
GF Value