The Cheesecake Factory (CAKE) — Capital Reinvestment Ratio
Latest as of December 2025:
0.33x
The Cheesecake Factory (CAKE) has a Capital Reinvestment Ratio of 0.33x as of December 2025, meaning it reinvests 0% of its operating cash flow ($74.91 Million) in capital expenditures ($24.79 Million). See how leveraged is The Cheesecake Factory's balance sheet to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
0.33x
Capex / Operating Cash Flow
Operating Cash Flow
$74.91 Million
USD
Capital Expenditures
$24.79 Million
USD
Data as of
Dec 2025
Most recent filing
The Cheesecake Factory Capital Reinvestment Ratio (1992–2025)
This chart tracks The Cheesecake Factory's Capital Reinvestment Ratio across 67 annual periods. Check CAKE total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for The Cheesecake Factory (1992–2025)
Year-by-year Capital Reinvestment Ratio for The Cheesecake Factory from 1992 to 2025. For live market cap and broader valuation context, see CAKE company net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.49x | $301.28 Million | $146.20 Million | ▼ -18.8% |
| 2025 | 0.60x | $268.32 Million | $160.36 Million | ▲ +0.0% |
| 2024 | 0.60x | $268.32 Million | $160.36 Million | ▼ -14.8% |
| 2024 | 0.70x | $218.40 Million | $153.22 Million | ▲ +0.0% |
| 2023 | 0.70x | $218.40 Million | $153.22 Million | ▲ +0.4% |
| 2023 | 0.70x | $161.93 Million | $113.14 Million | ▲ +0.0% |
| 2022 | 0.70x | $161.93 Million | $113.14 Million | ▲ +120.3% |
| 2022 | 0.32x | $213.01 Million | $67.55 Million | ▲ +0.0% |
| 2021 | 0.32x | $213.01 Million | $67.55 Million | ▼ -98.2% |
| 2021 | 17.51x | $2.91 Million | $50.91 Million | ▲ +0.0% |
| 2020 | 17.51x | $2.91 Million | $50.91 Million | ▲ +4948.6% |
| 2020 | 0.35x | $218.76 Million | $75.86 Million | ▲ +0.0% |
| 2019 | 0.35x | $218.76 Million | $75.86 Million | ▼ -4.6% |
| 2019 | 0.36x | $291.31 Million | $105.93 Million | ▲ +0.0% |
| 2018 | 0.36x | $291.31 Million | $105.93 Million | ▼ -29.1% |
| 2018 | 0.51x | $238.80 Million | $122.43 Million | ▲ +0.0% |
| 2017 | 0.51x | $238.80 Million | $122.43 Million | ▲ +32.0% |
| 2017 | 0.39x | $302.52 Million | $117.46 Million | ▲ +0.0% |
| 2016 | 0.39x | $302.52 Million | $117.46 Million | ▼ -41.3% |
| 2016 | 0.66x | $235.42 Million | $155.70 Million | ▲ +0.0% |
| 2015 | 0.66x | $235.42 Million | $155.70 Million | ▲ +36.8% |
| 2015 | 0.48x | $239.65 Million | $115.86 Million | ▲ +0.0% |
| 2014 | 0.48x | $239.65 Million | $115.86 Million | ▼ -8.3% |
| 2014 | 0.53x | $204.78 Million | $107.94 Million | ▲ +0.0% |
| 2013 | 0.53x | $204.78 Million | $107.94 Million | ▲ +16.8% |
| 2013 | 0.45x | $195.37 Million | $88.15 Million | ▲ +0.0% |
| 2012 | 0.45x | $195.37 Million | $88.15 Million | ▲ +14.0% |
| 2012 | 0.40x | $196.06 Million | $77.62 Million | ▲ +0.0% |
| 2011 | 0.40x | $196.06 Million | $77.62 Million | ▲ +56.3% |
| 2011 | 0.25x | $165.24 Million | $41.85 Million | ▲ +0.0% |
| 2010 | 0.25x | $165.24 Million | $41.85 Million | ▲ +34.1% |
| 2010 | 0.19x | $197.13 Million | $37.24 Million | ▲ +0.0% |
| 2009 | 0.19x | $197.13 Million | $37.24 Million | ▼ -62.4% |
| 2009 | 0.50x | $169.19 Million | $84.91 Million | ▲ +0.0% |
| 2008 | 0.50x | $169.19 Million | $84.91 Million | ▼ -61.9% |
| 2008 | 1.32x | $160.10 Million | $211.03 Million | ▲ +0.0% |
| 2007 | 1.32x | $160.10 Million | $211.03 Million | ▲ +8.3% |
| 2007 | 1.22x | $152.66 Million | $185.74 Million | ▲ +0.0% |
| 2006 | 1.22x | $152.66 Million | $185.74 Million | ▲ +18.3% |
| 2006 | 1.03x | $165.51 Million | $170.16 Million | ▲ +0.0% |
| 2005 | 1.03x | $165.51 Million | $170.16 Million | ▼ -4.7% |
| 2005 | 1.08x | $150.14 Million | $161.90 Million | ▲ +0.0% |
| 2004 | 1.08x | $150.14 Million | $161.90 Million | ▲ +19.2% |
| 2004 | 0.90x | $116.65 Million | $105.56 Million | ▲ +0.0% |
| 2003 | 0.90x | $116.65 Million | $105.56 Million | ▼ -2.4% |
| 2003 | 0.93x | $93.45 Million | $86.62 Million | ▲ +0.0% |
| 2002 | 0.93x | $93.45 Million | $86.62 Million | ▼ -5.4% |
| 2002 | 0.98x | $75.85 Million | $74.32 Million | ▲ +0.0% |
| 2001 | 0.98x | $75.85 Million | $74.32 Million | ▲ +40.8% |
| 2001 | 0.70x | $56.34 Million | $39.22 Million | ▲ +0.0% |
| 2000 | 0.70x | $56.34 Million | $39.22 Million | ▼ -31.8% |
| 2000 | 1.02x | $37.80 Million | $38.60 Million | ▲ +0.0% |
| 1999 | 1.02x | $37.80 Million | $38.60 Million | ▼ -1.3% |
| 1999 | 1.03x | $27.03 Million | $27.97 Million | ▲ +0.0% |
| 1998 | 1.03x | $27.03 Million | $27.97 Million | ▼ -45.2% |
| 1998 | 1.89x | $11.49 Million | $21.70 Million | ▲ +0.0% |
| 1997 | 1.89x | $11.49 Million | $21.70 Million | ▼ -22.3% |
| 1997 | 2.43x | $9.56 Million | $23.25 Million | ▲ +0.0% |
| 1996 | 2.43x | $9.56 Million | $23.25 Million | ▲ +5.5% |
| 1996 | 2.30x | $12.80 Million | $29.50 Million | ▲ +0.0% |
| 1995 | 2.30x | $12.80 Million | $29.50 Million | ▲ +33.7% |
| 1995 | 1.72x | $7.60 Million | $13.10 Million | ▲ +0.0% |
| 1994 | 1.72x | $7.60 Million | $13.10 Million | ▼ -56.3% |
| 1994 | 3.95x | $1.90 Million | $7.50 Million | ▲ +0.0% |
| 1993 | 3.95x | $1.90 Million | $7.50 Million | ▲ +446.6% |
| 1993 | 0.72x | $3.60 Million | $2.60 Million | ▲ +0.0% |
| 1992 | 0.72x | $3.60 Million | $2.60 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow