Is Cheesecake Factory (CAKE) overvalued or fairly valued?

MarketChacha shows Cheesecake Factory's valuation in context — a trailing P/E of about 28.9, a forward P/E of about 19.1, a price-to-book of about 9.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Cheesecake Factory's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.33×) from reported figures — education, not a rating.

What is Cheesecake Factory's revenue?

Cheesecake Factory reported revenue of $3.8B for FY2025, with net profit of $148.4M, per official filings.

What is the share price of Cheesecake Factory (CAKE)?

Cheesecake Factory last traded at $85.51 (-1.8% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Cheesecake Factory

CAKE · NYSE · Consumer Discretionary · United States

$85.51-1.8%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:33 PM

Snapshot

TickerCAKE

ExchangeNYSE

SectorConsumer Discretionary

IndustryRestaurants

CountryUnited States

Employees48,000

HeadquartersCalabasas, United States

Market cap$4.2B

P/E (TTM)28.9

P/B9.3

Volume1.52M

Websitewww.thecheesecakefactory.com

Filings tracked4

About Cheesecake Factory

The Cheesecake Factory Incorporated operates and licenses restaurants in the United States and Canada. It operates bakeries that produce cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors. The company operates restaurants under the brands comprising The Cheesecake Factory, North Italia, Flower Child, and Fox Restaurant Concepts. The Cheesecake Factory Incorporated was founded in 1972 and is headquartered in Calabasas, California.

Profile as reported by Yahoo Finance.

Who owns it

Insiders7.5%
Institutions92.5%
Public & other0.0%

435 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.13.43%
FMR, LLC11.91%
Vanguard Portfolio Management LLC5.58%
Earnest Partners LLC4.20%
Vanguard Capital Management LLC4.07%
Invesco Ltd.4.05%
Kayne Anderson Rudnick Investment Management LLC4.01%
State Street Corporation3.62%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.33×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend1.3% → 4.0%

Margin has expanded by about 2.7 points — the business is getting more profitable.

Return on equity34.0%

Latest ROE of 34.0% — capital is generating a healthy return.

Growth qualityrev 7% · PAT 86%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $944.3M · EPS 0.66

Est. earnings growth -2.5%

Next fiscal year

Rev $4.2B · EPS 4.47

Est. earnings growth +10.3%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$43.0752-wk range$87.90

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$4.2B

Day change

-1.8%

P/E (TTM)

28.9

Fwd P/E

19.1

P/B

9.3

Div yield

1.38%

Beta

1.01

Revenue (FY2025)

$3.8B

Net margin

4.0%

ROE

34.0%

Revenue CAGR (2y)

+6.6%

Profit CAGR (2y)

+85.5%

EPS (FY2025)

3.06

Net profit (FY2025)

$148.4M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about CAKE

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$3.8B	$148.4M	3.06	4.0%	34.0%
FY2024	$3.4B	$101.4M	2.07	2.9%	22.9%
FY2023	$3.3B	$43.1M	0.86	1.3%	14.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$978.8M	$49.5M	1.02	5.1%
2025Q3	$907.2M	$31.9M	0.66	3.5%
2025Q2	$927.2M	$32.9M	0.67	3.6%
2024Q4	$865.5M	$30.0M	0.61	3.5%
2024Q3	$904.0M	$52.4M	1.08	5.8%
2024Q2	$891.2M	$33.2M	0.68	3.7%
2023Q4	—	$17.9M	0.37	—
2023Q3	—	$42.7M	0.87	—
2023Q2	—	$28.1M	0.56	—

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Shareholder vote results
SEC6/3/2026material
10-Q filing
SEC5/4/2026
8-K — Results of operations, Reg FD disclosure, Other events, Exhibits
SEC4/29/2026material
8-K — Material agreement, Material financial obligation
SEC3/31/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.