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Side-by-side financial comparison of CABOT CORP (CBT) 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 ($1.6B vs $849.0M, roughly 1.9× CABOT CORP). CABOT CORP runs the higher net margin — 8.6% vs 7.6%, a 1.0% gap on every dollar of revenue. On growth, Texas Roadhouse, Inc. posted the faster year-over-year revenue change (12.8% vs -11.1%). Over the past eight quarters, Texas Roadhouse, Inc.'s revenue compounded faster (11.2% CAGR vs -8.7%).

Cabot Corporation is an American specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company operates in over 20 countries with 36 manufacturing plants, eight research and development facilities, and 28 sales offices.

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.

CBT vs TXRH — Head-to-Head

Bigger by revenue
TXRH
TXRH
1.9× larger
TXRH
$1.6B
$849.0M
CBT
Growing faster (revenue YoY)
TXRH
TXRH
+23.9% gap
TXRH
12.8%
-11.1%
CBT
Higher net margin
CBT
CBT
1.0% more per $
CBT
8.6%
7.6%
TXRH
Faster 2-yr revenue CAGR
TXRH
TXRH
Annualised
TXRH
11.2%
-8.7%
CBT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CBT
CBT
TXRH
TXRH
Revenue
$849.0M
$1.6B
Net Profit
$73.0M
$123.4M
Gross Margin
24.9%
Operating Margin
15.2%
9.0%
Net Margin
8.6%
7.6%
Revenue YoY
-11.1%
12.8%
Net Profit YoY
-21.5%
8.6%
EPS (diluted)
$1.37
$1.87

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
CBT
CBT
TXRH
TXRH
Q1 26
$1.6B
Q4 25
$849.0M
$1.5B
Q3 25
$899.0M
$1.4B
Q2 25
$923.0M
$1.4B
Q1 25
$936.0M
Q4 24
$955.0M
$1.4B
Q3 24
$1.0B
$1.3B
Q2 24
$1.0B
$1.3B
Net Profit
CBT
CBT
TXRH
TXRH
Q1 26
$123.4M
Q4 25
$73.0M
$86.7M
Q3 25
$43.0M
$84.9M
Q2 25
$101.0M
$116.1M
Q1 25
$94.0M
Q4 24
$93.0M
$118.5M
Q3 24
$137.0M
$86.8M
Q2 24
$109.0M
$123.1M
Gross Margin
CBT
CBT
TXRH
TXRH
Q1 26
Q4 25
24.9%
Q3 25
24.5%
Q2 25
26.4%
Q1 25
25.7%
Q4 24
24.6%
Q3 24
24.0%
Q2 24
25.2%
Operating Margin
CBT
CBT
TXRH
TXRH
Q1 26
9.0%
Q4 25
15.2%
6.5%
Q3 25
15.2%
6.7%
Q2 25
18.1%
9.3%
Q1 25
17.3%
Q4 24
16.2%
9.6%
Q3 24
15.0%
8.0%
Q2 24
16.9%
10.6%
Net Margin
CBT
CBT
TXRH
TXRH
Q1 26
7.6%
Q4 25
8.6%
5.8%
Q3 25
4.8%
5.9%
Q2 25
10.9%
8.0%
Q1 25
10.0%
Q4 24
9.7%
8.2%
Q3 24
13.7%
6.8%
Q2 24
10.7%
9.2%
EPS (diluted)
CBT
CBT
TXRH
TXRH
Q1 26
$1.87
Q4 25
$1.37
$1.29
Q3 25
$0.80
$1.25
Q2 25
$1.86
$1.70
Q1 25
$1.69
Q4 24
$1.67
$1.73
Q3 24
$2.41
$1.26
Q2 24
$1.94
$1.79

Balance Sheet & Financial Strength

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

Metric
CBT
CBT
TXRH
TXRH
Cash + ST InvestmentsLiquidity on hand
$230.0M
$214.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.6B
Total Assets
$3.8B
$3.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBT
CBT
TXRH
TXRH
Q1 26
$214.6M
Q4 25
$230.0M
$134.7M
Q3 25
$258.0M
$108.2M
Q2 25
$239.0M
$221.1M
Q1 25
$213.0M
Q4 24
$183.0M
$245.2M
Q3 24
$223.0M
$189.2M
Q2 24
$197.0M
$197.5M
Total Debt
CBT
CBT
TXRH
TXRH
Q1 26
Q4 25
Q3 25
$1.1B
Q2 25
Q1 25
Q4 24
Q3 24
$1.1B
Q2 24
Stockholders' Equity
CBT
CBT
TXRH
TXRH
Q1 26
Q4 25
$1.6B
$1.5B
Q3 25
$1.6B
$1.5B
Q2 25
$1.5B
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
$1.4B
Q3 24
$1.4B
$1.3B
Q2 24
$1.3B
$1.3B
Total Assets
CBT
CBT
TXRH
TXRH
Q1 26
$3.6B
Q4 25
$3.8B
$3.5B
Q3 25
$3.8B
$3.3B
Q2 25
$3.8B
$3.2B
Q1 25
$3.8B
Q4 24
$3.6B
$3.2B
Q3 24
$3.7B
$2.9B
Q2 24
$3.6B
$2.9B
Debt / Equity
CBT
CBT
TXRH
TXRH
Q1 26
Q4 25
Q3 25
0.70×
Q2 25
Q1 25
Q4 24
Q3 24
0.75×
Q2 24

Cash Flow & Capital Efficiency

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

Metric
CBT
CBT
TXRH
TXRH
Operating Cash FlowLast quarter
$126.0M
$259.1M
Free Cash FlowOCF − Capex
$57.0M
FCF MarginFCF / Revenue
6.7%
Capex IntensityCapex / Revenue
8.1%
4.9%
Cash ConversionOCF / Net Profit
1.73×
2.10×
TTM Free Cash FlowTrailing 4 quarters
$401.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBT
CBT
TXRH
TXRH
Q1 26
$259.1M
Q4 25
$126.0M
Q3 25
$219.0M
$143.6M
Q2 25
$249.0M
$237.7M
Q1 25
$73.0M
Q4 24
$124.0M
$237.5M
Q3 24
$204.0M
$138.7M
Q2 24
$207.0M
$133.9M
Free Cash Flow
CBT
CBT
TXRH
TXRH
Q1 26
Q4 25
$57.0M
Q3 25
$155.0M
$14.7M
Q2 25
$188.0M
$160.4M
Q1 25
$1.0M
Q4 24
$47.0M
$129.7M
Q3 24
$112.0M
$47.7M
Q2 24
$155.0M
$56.1M
FCF Margin
CBT
CBT
TXRH
TXRH
Q1 26
Q4 25
6.7%
Q3 25
17.2%
1.0%
Q2 25
20.4%
11.1%
Q1 25
0.1%
Q4 24
4.9%
9.0%
Q3 24
11.2%
3.7%
Q2 24
15.3%
4.2%
Capex Intensity
CBT
CBT
TXRH
TXRH
Q1 26
4.9%
Q4 25
8.1%
Q3 25
7.1%
9.0%
Q2 25
6.6%
5.3%
Q1 25
7.7%
Q4 24
8.1%
7.5%
Q3 24
9.2%
7.2%
Q2 24
5.1%
5.8%
Cash Conversion
CBT
CBT
TXRH
TXRH
Q1 26
2.10×
Q4 25
1.73×
Q3 25
5.09×
1.69×
Q2 25
2.47×
2.05×
Q1 25
0.78×
Q4 24
1.33×
2.00×
Q3 24
1.49×
1.60×
Q2 24
1.90×
1.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBT
CBT

Reinforcement Materials$520.0M61%
Performance Chemicals$300.0M35%
Shipping And Handling$25.0M3%
Other Products And Services$4.0M0%

TXRH
TXRH

Restaurant and other sales$1.6B100%
Royalties and franchise fees$6.5M0%

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