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Financial systems

Who owns Texas Roadhouse? TXRH shareholders

The Texas brand began in Indiana and reports from Kentucky. Public shareholders own the parent, while 100 of its 832 restaurants were franchised in June 2026.

Monochrome generative point study “Soft Twins,” a mathematical form rendered in black and white.

Texas Roadhouse is based in Louisville, Kentucky. Its publicly traded parent, Texas Roadhouse, Inc., trades on Nasdaq as TXRH and belongs to its shareholders. Kent Taylor opened the first restaurant across the Ohio River in Clarksville, Indiana, in 1993. Company fact sheet, investor FAQ.

The proxy names the biggest shareholders, and the operating report shows which restaurants the company runs itself. I read both, because a franchised Texas Roadhouse belongs to its franchisee while a company restaurant belongs to TXRH shareholders.

Method & limits

Sources checked October 26, 2026. Ownership figures are the 2026 proxy’s March 20 snapshot with older underlying institutional filings; restaurant counts are June 30, 2026. Neither is a live ownership register.

The proxy names Vanguard and BlackRock as large holders

The 2026 proxy, pages 41–42, shows Vanguard at 9.6%, BlackRock at 9.3%, and the 19-person director-and-executive group at 0.5%. The table carries the March 20 snapshot and the older institutional filing dates behind it.

Reported holderProxy percentageUnderlying date or scope
The Vanguard Group9.6%Schedule 13G/A filed February 13, 2024
BlackRock, Inc.9.3%Schedule 13G/A filed April 17, 2025
Directors and executive officers as a group0.5%19-person group in the March 20, 2026 snapshot

Source: 2026 proxy in the 2025 Annual Report, printed pages 41–42. The percentages describe beneficial ownership under the proxy’s rules; they are not today’s positions or a list of every shareholder.

The June network contained 832 restaurants

The June 30 operating report counted 732 company restaurants and 100 franchises. Franchises were about 12% of the system. The Texas Roadhouse brand’s 93 franchise locations included 31 domestic and 62 in the international category, which includes a U.S. territory.

June 30, 2026Company restaurantsFranchised restaurantsSystem total
Texas Roadhouse brand66293755
Bubba’s 3359059
Jaggers11718
All three concepts732100832

Issuer-reported quarter-end counts. Texas Roadhouse’s 93 franchises combine 31 domestic and 62 international-category locations; that category includes a U.S. territory. These are restaurant counts, not equity ownership percentages.

Sources

  1. Texas Roadhouse: 2025 Form 10-K, filed February 27, 2026Verified Oct 26, 2026
  2. Texas Roadhouse: Investor relations company overviewVerified Oct 26, 2026
  3. Texas Roadhouse: 2025 Annual Report and 2026 proxy, ownership pages 41–42Verified Oct 26, 2026
  4. Texas Roadhouse: Second-quarter 2026 operating reportVerified Oct 26, 2026

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