Restaurants
15 companies · $156B combined revenue · $27.3B operating profit
The typical US-listed restaurants company grew revenue 7.9% and earnings 2% in its latest year, at a 10.7% operating margin, and 9 of 15 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.
Growth engines: the 4 Cylinders
All four working: 8% of companiesA company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.
- Sales growth · Revenue up 10% or more27%
- Operating leverage · Operating income growing faster than a growing revenue53%
- Margin expansion · Operating margin up 1 point or more13%
- Debt reduction · Debt down 5% or more, or net cash25%
Combined revenue · 14 companies reporting in US dollars
Combined operating margin
All 15 companies
| Median | – | 7.9% | 2% | 10.7% | 15.6% | 1.00x |
| MCDMcdonalds | $26.9B | 3.7%▼ | 4.1%▲ | 46.1%▲ | 22.5%▲ | – |
| SBUXStarbucks | $37.2B | 2.8%▼ | -50.6%▼ | 7.9%▼ | 13.5%▼ | – |
| YUMYUM Brands | $8.2B | 8.8%▲ | 4.9%▲ | 31.3%▲ | 38.5%▲ | – |
| CMGChipotle Mexican Grill | $11.9B | 5.4%▼ | 0.1%▼ | 16.2%▲ | 24.8%▲ | 0.00x▲ |
| QSRRestaurant Brands International | $9.4B | 12.2%▲ | -25.6%▼ | 23.3%▲ | 9.7%▼ | 3.65x▼ |
| DRIDarden Restaurants | $13.2B | 9.4%▲ | 15%▲ | 12%▲ | 16.1%▲ | 1.06x▼ |
| YUMCYum China | $11.8B | 4.4%▼ | 2% | 10.9%▲ | 15.1%▼ | – |
| ARMKAramark | $18.5B | 6.4%▼ | 24.3%▲ | 4.3%▼ | 8.1%▼ | 1.71x▼ |
| TXRHTexas Roadhouse | $5.9B | 9.4%▲ | -6.8%▼ | 8.1%▼ | 18%▲ | 0.00x▲ |
| EATBrinker International | $5.8B | 7.9% | 27.1%▲ | 10.7% | 29%▲ | 0.95x▲ |
| CAVACAVA | $1.2B | 22.4%▲ | -51.1%▼ | 4.7%▼ | 4.6%▼ | – |
| CAKECheesecake Factory | $3.8B | 4.7%▼ | -5.3%▼ | 5%▼ | 7.5%▼ | 1.44x▼ |
| WINGWingstop | $697M | 11.4%▲ | 60.3%▲ | 25.7%▲ | 29.3%▲ | – |
| SHAKShake Shack | $1.4B | 15.4%▲ | 348%▲ | 4.3%▼ | 3.8%▼ | 0.47x▲ |
| CHAChagee | CNY 12.9B | 4%▼ | -53.5%▼ | 10.4%▼ | 15.6% | – |
▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).