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Side-by-side financial comparison of BJs RESTAURANTS INC (BJRI) and Texas Roadhouse, Inc. (TXRH). Click either name above to swap in a different company.

Texas Roadhouse, Inc. is the larger business by last-quarter revenue ($1.5B vs $330.2M, roughly 4.5× BJs RESTAURANTS INC). Texas Roadhouse, Inc. runs the higher net margin — 5.8% vs 0.1%, a 5.7% gap on every dollar of revenue. On growth, Texas Roadhouse, Inc. posted the faster year-over-year revenue change (3.1% vs 1.4%). Over the past eight quarters, Texas Roadhouse, Inc.'s revenue compounded faster (12.8% CAGR vs 1.0%).

BJ's Restaurants Inc. operates a chain of casual dining restaurants across the United States. Its menu features signature deep-dish pizzas, craft beers, handcrafted cocktails, and a wide range of American comfort food. The brand primarily serves family groups, friend gatherings, and casual diners seeking affordable, high-quality meals in a relaxed, welcoming in-store environment.

Texas Roadhouse is an American steakhouse chain that specializes in steaks in a Texan and Southwestern cuisine style. It is a subsidiary of Texas Roadhouse Inc, which has two other concepts and is headquartered in Louisville, Kentucky. As of August 2025, the chain operates about 800 locations in 49 U.S. states and 70 international locations in 11 countries.

BJRI vs TXRH — Head-to-Head

Bigger by revenue
TXRH
TXRH
4.5× larger
TXRH
$1.5B
$330.2M
BJRI
Growing faster (revenue YoY)
TXRH
TXRH
+1.7% gap
TXRH
3.1%
1.4%
BJRI
Higher net margin
TXRH
TXRH
5.7% more per $
TXRH
5.8%
0.1%
BJRI
Faster 2-yr revenue CAGR
TXRH
TXRH
Annualised
TXRH
12.8%
1.0%
BJRI

Income Statement — Q3 2026 vs Q4 2025

Metric
BJRI
BJRI
TXRH
TXRH
Revenue
$330.2M
$1.5B
Net Profit
$465.0K
$86.7M
Gross Margin
74.3%
Operating Margin
-0.3%
6.5%
Net Margin
0.1%
5.8%
Revenue YoY
1.4%
3.1%
Net Profit YoY
115.9%
-26.9%
EPS (diluted)
$0.02
$1.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BJRI
BJRI
TXRH
TXRH
Q4 25
$1.5B
Q3 25
$365.6M
$1.4B
Q2 25
$348.0M
$1.4B
Q4 24
$325.7M
$1.4B
Q3 24
$349.9M
$1.3B
Q2 24
$337.3M
$1.3B
Q1 24
$323.6M
$1.3B
Q4 23
$1.2B
Net Profit
BJRI
BJRI
TXRH
TXRH
Q4 25
$86.7M
Q3 25
$22.2M
$84.9M
Q2 25
$13.5M
$116.1M
Q4 24
$-2.9M
$118.5M
Q3 24
$17.2M
$86.8M
Q2 24
$7.7M
$123.1M
Q1 24
$8.1M
$116.0M
Q4 23
$75.0M
Gross Margin
BJRI
BJRI
TXRH
TXRH
Q4 25
Q3 25
75.2%
Q2 25
75.0%
Q4 24
73.4%
Q3 24
74.3%
Q2 24
74.8%
Q1 24
74.5%
Q4 23
Operating Margin
BJRI
BJRI
TXRH
TXRH
Q4 25
6.5%
Q3 25
5.8%
6.7%
Q2 25
4.3%
9.3%
Q4 24
-0.8%
9.6%
Q3 24
3.8%
8.0%
Q2 24
2.4%
10.6%
Q1 24
1.0%
10.1%
Q4 23
7.2%
Net Margin
BJRI
BJRI
TXRH
TXRH
Q4 25
5.8%
Q3 25
6.1%
5.9%
Q2 25
3.9%
8.0%
Q4 24
-0.9%
8.2%
Q3 24
4.9%
6.8%
Q2 24
2.3%
9.2%
Q1 24
2.5%
8.8%
Q4 23
6.4%
EPS (diluted)
BJRI
BJRI
TXRH
TXRH
Q4 25
$1.29
Q3 25
$0.97
$1.25
Q2 25
$0.58
$1.70
Q4 24
$-0.13
$1.73
Q3 24
$0.72
$1.26
Q2 24
$0.32
$1.79
Q1 24
$0.33
$1.69
Q4 23
$1.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BJRI
BJRI
TXRH
TXRH
Cash + ST InvestmentsLiquidity on hand
$25.4M
$134.7M
Total DebtLower is stronger
$89.5M
Stockholders' EquityBook value
$356.2M
$1.5B
Total Assets
$1.0B
$3.5B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BJRI
BJRI
TXRH
TXRH
Q4 25
$134.7M
Q3 25
$26.0M
$108.2M
Q2 25
$19.0M
$221.1M
Q4 24
$18.4M
$245.2M
Q3 24
$16.2M
$189.2M
Q2 24
$18.8M
$197.5M
Q1 24
$29.1M
$213.4M
Q4 23
$104.2M
Total Debt
BJRI
BJRI
TXRH
TXRH
Q4 25
Q3 25
$60.5M
Q2 25
$85.5M
Q4 24
$66.5M
Q3 24
$63.5M
Q2 24
$58.0M
Q1 24
$68.0M
Q4 23
Stockholders' Equity
BJRI
BJRI
TXRH
TXRH
Q4 25
$1.5B
Q3 25
$386.6M
$1.5B
Q2 25
$371.5M
$1.4B
Q4 24
$376.2M
$1.4B
Q3 24
$386.5M
$1.3B
Q2 24
$375.4M
$1.3B
Q1 24
$365.8M
$1.2B
Q4 23
$1.1B
Total Assets
BJRI
BJRI
TXRH
TXRH
Q4 25
$3.5B
Q3 25
$1.0B
$3.3B
Q2 25
$1.0B
$3.2B
Q4 24
$1.0B
$3.2B
Q3 24
$1.0B
$2.9B
Q2 24
$1.0B
$2.9B
Q1 24
$1.1B
$2.8B
Q4 23
$2.8B
Debt / Equity
BJRI
BJRI
TXRH
TXRH
Q4 25
Q3 25
0.16×
Q2 25
0.23×
Q4 24
0.18×
Q3 24
0.16×
Q2 24
0.15×
Q1 24
0.19×
Q4 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BJRI
BJRI
TXRH
TXRH
Operating Cash FlowLast quarter
$25.1M
Free Cash FlowOCF − Capex
$3.6M
FCF MarginFCF / Revenue
1.1%
Capex IntensityCapex / Revenue
6.5%
Cash ConversionOCF / Net Profit
53.89×
TTM Free Cash FlowTrailing 4 quarters
$49.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BJRI
BJRI
TXRH
TXRH
Q4 25
Q3 25
$62.3M
$143.6M
Q2 25
$4.6M
$237.7M
Q4 24
$27.3M
$237.5M
Q3 24
$20.2M
$138.7M
Q2 24
$22.3M
$133.9M
Q1 24
$32.2M
$243.4M
Q4 23
$174.2M
Free Cash Flow
BJRI
BJRI
TXRH
TXRH
Q4 25
Q3 25
$41.9M
$14.7M
Q2 25
$-12.1M
$160.4M
Q4 24
$7.6M
$129.7M
Q3 24
$735.0K
$47.7M
Q2 24
$448.0K
$56.1M
Q1 24
$15.3M
$165.8M
Q4 23
$71.1M
FCF Margin
BJRI
BJRI
TXRH
TXRH
Q4 25
Q3 25
11.5%
1.0%
Q2 25
-3.5%
11.1%
Q4 24
2.3%
9.0%
Q3 24
0.2%
3.7%
Q2 24
0.1%
4.2%
Q1 24
4.7%
12.5%
Q4 23
6.1%
Capex Intensity
BJRI
BJRI
TXRH
TXRH
Q4 25
Q3 25
5.6%
9.0%
Q2 25
4.8%
5.3%
Q4 24
6.0%
7.5%
Q3 24
5.6%
7.2%
Q2 24
6.5%
5.8%
Q1 24
5.2%
5.9%
Q4 23
8.9%
Cash Conversion
BJRI
BJRI
TXRH
TXRH
Q4 25
Q3 25
2.80×
1.69×
Q2 25
0.34×
2.05×
Q4 24
2.00×
Q3 24
1.18×
1.60×
Q2 24
2.89×
1.09×
Q1 24
4.00×
2.10×
Q4 23
2.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BJRI
BJRI

Segment breakdown not available.

TXRH
TXRH

Food And Beverage$1.5B99%
Texas Roadhouse Segment$21.2M1%
Franchise$8.2M1%
Franchise Royalty$7.4M0%
Bubba S33Segment$2.3M0%

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