Texas Roadhouse Increases Quarterly Dividend to $0.75 per Share
Texas Roadhouse, Inc., a casual dining restaurant chain, announced a quarterly cash dividend of $0.75 per share, marking an increase from its previous payout. The board approved the dividend on February 18, 2026.
Texas Roadhouse, Inc. (NASDAQ: TXRH), a casual dining restaurant chain operating over 700 locations nationwide, announced a quarterly cash dividend of $0.75 per share. The company's board of directors approved the payment on February 18, 2026. Read more dividend announcements.
The dividend will be paid on March 31, 2026, to shareholders of record as of the close of business on March 17, 2026. The announcement comes as the company increases its quarterly distribution, according to its press release headline.
| Dividend Details | Date |
|---|---|
| Amount per Share | $0.75 |
| Record Date | March 17, 2026 |
| Payment Date | March 31, 2026 |
| Frequency | Quarterly |
Fourth Quarter Financial Performance
The dividend announcement accompanied the company's fourth quarter 2025 results. Total revenue for the quarter ended December 30, 2025 reached $1.48 billion, up 3.1% from $1.44 billion in the prior year period. The fourth quarter 2025 included 13 weeks compared to 14 weeks in the prior year quarter.
Net income for the fourth quarter declined 26.9% to $84.6 million from $115.8 million, while diluted earnings per share fell to $1.28 from $1.73. Income from operations decreased 30.2% to $96.7 million from $138.6 million.
For the full fiscal year ended December 30, 2025, total revenue increased 9.4% to $5.88 billion from $5.37 billion. Net income declined 6.5% to $405.6 million from $433.6 million, while diluted earnings per share decreased to $6.10 from $6.47.
Franchise Acquisitions and Growth Outlook
The company completed acquisitions of five domestic franchise restaurants on the first day of fiscal 2026 for an aggregate purchase price of approximately $72 million. Comparable restaurant sales at company restaurants for the first seven weeks of fiscal 2026 increased 8.2% compared to the prior year period.
Management expects store week growth of 5% to 6% in 2026, including benefits from franchise acquisitions. The company plans to implement a menu price increase of approximately 1.9% in early April. Total capital expenditures for 2026 are projected at approximately $400 million.
The company anticipates commodity inflation of approximately 7% and wage and other labor inflation of 3% to 4% for the year. The effective income tax rate is expected to range between 14% and 15%.
Management Compensation
Keith Humpich, the company's chief accounting and financial services officer who served as interim chief financial officer until December 3, 2025, received a $100,000 per quarter stipend for his service in that role. The board's talent management and compensation committee extended this stipend through June 30, 2026 for his continued support in the transition to new chief financial officer Mike Lenihan.