Texas Roadhouse (TXRH) executive compensation, 2026 proxy

Gerald L. Morgan, Chief Executive Officer; Executive Vice Chairman, was paid $10.8M in fiscal 2025, up 75% from $6.2M the year before. The CEO-to-median-employee pay ratio was 527:1, on median employee pay of $20,524.

Filed
April 10, 2026
Annual meeting
May 21, 2026
Pay year
fiscal 2025
Named executives
8
CEO total pay
$10.8M+75% vs prior year
CEO to median employee
527:1median $20,524
CEO pay in equity
78%$8.4M in awards
CEO Stock Awards
$8,410,928Granted in fiscal year 2025
CEO Non-Equity Incentive
$909,413Earned under incentive bonus program
Median Employee Hours
28 hrs/wkService assistant in San Antonio, Texas

How Morgan was paid

$10.8M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary13%Stock awards78%Non-equity incentive8%All other compensation1%

Named executive officers

ExecutiveTotal
Gerald L. MorganChief Executive Officer; Executive Vice Chairman$10,822,133
Michael S. LenihanChief Financial Officer$534,374
D. Christopher MonroeFormer Chief Financial Officer$2,857,634
Keith V. HumpichChief Accounting & Financial Services Officer; Former Interim Chief Financial Officer$1,638,793
Regina TobinPresident$4,085,463
Christopher C. ColsonChief Business and Administrative Officer, Corporate Secretary$2,842,506
Hernan E. MujicaChief Technology Officer$2,845,260
Travis C. DosterChief Communications Officer$2,844,018

What changed and why

  • $10.8MChief executive officer total compensation increased to $10,822,133 for fiscal year 2025.
  • Stock awards represented the largest portion of the chief executive officer compensation package.
  • The ratio of chief executive officer to median employee compensation was 527 to 1.
  • $20,524The median employee annual total compensation was calculated as $20,524.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.