THE CHEESECAKE FACTORY INCORPORATED (CAKE) Return on equity 2016–2025
THE CHEESECAKE FACTORY INCORPORATED (CAKE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
34.0%FY2025 · since FY2016: 23.1% → 34.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 34.0% | -1.3 pp |
| FY2024 | 35.4% | +3.5 pp |
| FY2023 | 31.9% | +17.1 pp |
| FY2022 | 14.8% | -7.2 pp |
| FY2021 | 21.9% | +109.7 pp |
| FY2020 | -87.8% | -110.0 pp |
| FY2019 | 22.3% | +4.9 pp |
| FY2018 | 17.3% | -8.3 pp |
| FY2017 | 25.7% | +2.5 pp |
| FY2016 | 23.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice