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Side-by-side financial comparison of BT Brands, Inc. (BTBD) 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 $3.9M, roughly 384.6× BT Brands, Inc.). BT Brands, Inc. runs the higher net margin — 23.7% vs 5.8%, a 17.9% gap on every dollar of revenue. On growth, Texas Roadhouse, Inc. posted the faster year-over-year revenue change (3.1% vs -11.4%). Over the past eight quarters, Texas Roadhouse, Inc.'s revenue compounded faster (12.8% CAGR vs -1.8%).

BT Group plc is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services.

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.

BTBD vs TXRH — Head-to-Head

Bigger by revenue
TXRH
TXRH
384.6× larger
TXRH
$1.5B
$3.9M
BTBD
Growing faster (revenue YoY)
TXRH
TXRH
+14.5% gap
TXRH
3.1%
-11.4%
BTBD
Higher net margin
BTBD
BTBD
17.9% more per $
BTBD
23.7%
5.8%
TXRH
Faster 2-yr revenue CAGR
TXRH
TXRH
Annualised
TXRH
12.8%
-1.8%
BTBD

Income Statement — Q3 2025 vs Q4 2025

Metric
BTBD
BTBD
TXRH
TXRH
Revenue
$3.9M
$1.5B
Net Profit
$915.0K
$86.7M
Gross Margin
Operating Margin
19.1%
6.5%
Net Margin
23.7%
5.8%
Revenue YoY
-11.4%
3.1%
Net Profit YoY
516.9%
-26.9%
EPS (diluted)
$0.15
$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
BTBD
BTBD
TXRH
TXRH
Q4 25
$1.5B
Q3 25
$3.9M
$1.4B
Q2 25
$3.8M
$1.4B
Q1 25
$3.2M
Q4 24
$1.4B
Q3 24
$4.3M
$1.3B
Q2 24
$4.1M
$1.3B
Q1 24
$3.2M
$1.3B
Net Profit
BTBD
BTBD
TXRH
TXRH
Q4 25
$86.7M
Q3 25
$915.0K
$84.9M
Q2 25
$55.0K
$116.1M
Q1 25
$-329.8K
Q4 24
$118.5M
Q3 24
$-219.5K
$86.8M
Q2 24
$-70.0K
$123.1M
Q1 24
$-445.7K
$116.0M
Operating Margin
BTBD
BTBD
TXRH
TXRH
Q4 25
6.5%
Q3 25
19.1%
6.7%
Q2 25
-2.0%
9.3%
Q1 25
-9.0%
Q4 24
9.6%
Q3 24
-1.7%
8.0%
Q2 24
-4.6%
10.6%
Q1 24
-19.8%
10.1%
Net Margin
BTBD
BTBD
TXRH
TXRH
Q4 25
5.8%
Q3 25
23.7%
5.9%
Q2 25
1.5%
8.0%
Q1 25
-10.2%
Q4 24
8.2%
Q3 24
-5.0%
6.8%
Q2 24
-1.7%
9.2%
Q1 24
-14.0%
8.8%
EPS (diluted)
BTBD
BTBD
TXRH
TXRH
Q4 25
$1.29
Q3 25
$0.15
$1.25
Q2 25
$1.70
Q1 25
Q4 24
$1.73
Q3 24
$-0.04
$1.26
Q2 24
$1.79
Q1 24
$1.69

Balance Sheet & Financial Strength

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

Metric
BTBD
BTBD
TXRH
TXRH
Cash + ST InvestmentsLiquidity on hand
$3.5M
$134.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.7M
$1.5B
Total Assets
$11.9M
$3.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTBD
BTBD
TXRH
TXRH
Q4 25
$134.7M
Q3 25
$3.5M
$108.2M
Q2 25
$3.0M
$221.1M
Q1 25
$2.7M
Q4 24
$245.2M
Q3 24
$2.0M
$189.2M
Q2 24
$1.5M
$197.5M
Q1 24
$1.5M
$213.4M
Stockholders' Equity
BTBD
BTBD
TXRH
TXRH
Q4 25
$1.5B
Q3 25
$7.7M
$1.5B
Q2 25
$6.8M
$1.4B
Q1 25
$6.7M
Q4 24
$1.4B
Q3 24
$8.5M
$1.3B
Q2 24
$8.7M
$1.3B
Q1 24
$8.8M
$1.2B
Total Assets
BTBD
BTBD
TXRH
TXRH
Q4 25
$3.5B
Q3 25
$11.9M
$3.3B
Q2 25
$11.2M
$3.2B
Q1 25
$11.0M
Q4 24
$3.2B
Q3 24
$13.7M
$2.9B
Q2 24
$14.0M
$2.9B
Q1 24
$14.0M
$2.8B

Cash Flow & Capital Efficiency

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

Metric
BTBD
BTBD
TXRH
TXRH
Operating Cash FlowLast quarter
$325.2K
Free Cash FlowOCF − Capex
$261.8K
FCF MarginFCF / Revenue
6.8%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
0.36×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTBD
BTBD
TXRH
TXRH
Q4 25
Q3 25
$325.2K
$143.6M
Q2 25
$384.4K
$237.7M
Q1 25
$-306.7K
Q4 24
$237.5M
Q3 24
$129.3K
$138.7M
Q2 24
$82.5K
$133.9M
Q1 24
$-408.9K
$243.4M
Free Cash Flow
BTBD
BTBD
TXRH
TXRH
Q4 25
Q3 25
$261.8K
$14.7M
Q2 25
$160.4M
Q1 25
$-431.1K
Q4 24
$129.7M
Q3 24
$50.4K
$47.7M
Q2 24
$53.7K
$56.1M
Q1 24
$-521.3K
$165.8M
FCF Margin
BTBD
BTBD
TXRH
TXRH
Q4 25
Q3 25
6.8%
1.0%
Q2 25
11.1%
Q1 25
-13.3%
Q4 24
9.0%
Q3 24
1.2%
3.7%
Q2 24
1.3%
4.2%
Q1 24
-16.3%
12.5%
Capex Intensity
BTBD
BTBD
TXRH
TXRH
Q4 25
Q3 25
1.6%
9.0%
Q2 25
0.0%
5.3%
Q1 25
3.8%
Q4 24
7.5%
Q3 24
1.8%
7.2%
Q2 24
0.7%
5.8%
Q1 24
3.5%
5.9%
Cash Conversion
BTBD
BTBD
TXRH
TXRH
Q4 25
Q3 25
0.36×
1.69×
Q2 25
6.98×
2.05×
Q1 25
Q4 24
2.00×
Q3 24
1.60×
Q2 24
1.09×
Q1 24
2.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BTBD
BTBD

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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