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Side-by-side financial comparison of Grab Holdings Ltd (GRAB) 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 $1.5B, roughly 1.0× Grab Holdings Ltd). Texas Roadhouse, Inc. runs the higher net margin — 5.8% vs 1.8%, a 4.1% gap on every dollar of revenue.

Grab Holdings Inc. is a Singaporean multinational technology company headquartered in one-north, Singapore. It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices. It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.

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.

GRAB vs TXRH — Head-to-Head

Bigger by revenue
TXRH
TXRH
1.0× larger
TXRH
$1.5B
$1.5B
GRAB
Higher net margin
TXRH
TXRH
4.1% more per $
TXRH
5.8%
1.8%
GRAB

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
GRAB
GRAB
TXRH
TXRH
Revenue
$1.5B
$1.5B
Net Profit
$26.0M
$86.7M
Gross Margin
43.1%
Operating Margin
-2.5%
6.5%
Net Margin
1.8%
5.8%
Revenue YoY
3.1%
Net Profit YoY
-26.9%
EPS (diluted)
$0.01
$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
GRAB
GRAB
TXRH
TXRH
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$1.4B
Q4 24
$1.5B
$1.4B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.3B
Q4 23
$1.2B
Net Profit
GRAB
GRAB
TXRH
TXRH
Q4 25
$86.7M
Q3 25
$84.9M
Q2 25
$116.1M
Q4 24
$26.0M
$118.5M
Q3 24
$86.8M
Q2 24
$123.1M
Q1 24
$116.0M
Q4 23
$75.0M
Gross Margin
GRAB
GRAB
TXRH
TXRH
Q4 25
Q3 25
Q2 25
Q4 24
43.1%
Q3 24
Q2 24
Q1 24
Q4 23
Operating Margin
GRAB
GRAB
TXRH
TXRH
Q4 25
6.5%
Q3 25
6.7%
Q2 25
9.3%
Q4 24
-2.5%
9.6%
Q3 24
8.0%
Q2 24
10.6%
Q1 24
10.1%
Q4 23
7.2%
Net Margin
GRAB
GRAB
TXRH
TXRH
Q4 25
5.8%
Q3 25
5.9%
Q2 25
8.0%
Q4 24
1.8%
8.2%
Q3 24
6.8%
Q2 24
9.2%
Q1 24
8.8%
Q4 23
6.4%
EPS (diluted)
GRAB
GRAB
TXRH
TXRH
Q4 25
$1.29
Q3 25
$1.25
Q2 25
$1.70
Q4 24
$0.01
$1.73
Q3 24
$1.26
Q2 24
$1.79
Q1 24
$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
GRAB
GRAB
TXRH
TXRH
Cash + ST InvestmentsLiquidity on hand
$3.0B
$134.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.4B
$1.5B
Total Assets
$9.3B
$3.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRAB
GRAB
TXRH
TXRH
Q4 25
$134.7M
Q3 25
$108.2M
Q2 25
$221.1M
Q4 24
$3.0B
$245.2M
Q3 24
$189.2M
Q2 24
$197.5M
Q1 24
$213.4M
Q4 23
$104.2M
Stockholders' Equity
GRAB
GRAB
TXRH
TXRH
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.4B
Q4 24
$6.4B
$1.4B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.2B
Q4 23
$1.1B
Total Assets
GRAB
GRAB
TXRH
TXRH
Q4 25
$3.5B
Q3 25
$3.3B
Q2 25
$3.2B
Q4 24
$9.3B
$3.2B
Q3 24
$2.9B
Q2 24
$2.9B
Q1 24
$2.8B
Q4 23
$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
GRAB
GRAB
TXRH
TXRH
Operating Cash FlowLast quarter
$591.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
22.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRAB
GRAB
TXRH
TXRH
Q4 25
Q3 25
$143.6M
Q2 25
$237.7M
Q4 24
$591.0M
$237.5M
Q3 24
$138.7M
Q2 24
$133.9M
Q1 24
$243.4M
Q4 23
$174.2M
Free Cash Flow
GRAB
GRAB
TXRH
TXRH
Q4 25
Q3 25
$14.7M
Q2 25
$160.4M
Q4 24
$129.7M
Q3 24
$47.7M
Q2 24
$56.1M
Q1 24
$165.8M
Q4 23
$71.1M
FCF Margin
GRAB
GRAB
TXRH
TXRH
Q4 25
Q3 25
1.0%
Q2 25
11.1%
Q4 24
9.0%
Q3 24
3.7%
Q2 24
4.2%
Q1 24
12.5%
Q4 23
6.1%
Capex Intensity
GRAB
GRAB
TXRH
TXRH
Q4 25
Q3 25
9.0%
Q2 25
5.3%
Q4 24
7.5%
Q3 24
7.2%
Q2 24
5.8%
Q1 24
5.9%
Q4 23
8.9%
Cash Conversion
GRAB
GRAB
TXRH
TXRH
Q4 25
Q3 25
1.69×
Q2 25
2.05×
Q4 24
22.73×
2.00×
Q3 24
1.60×
Q2 24
1.09×
Q1 24
2.10×
Q4 23
2.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GRAB
GRAB

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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