CHEESECAKE FACTORY INC (CAKE) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
CAKE currently has 48.5M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 2.11% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 04, 2026 |
10-Q filing | 48.5M shares outstanding |
48M | 0 |
| Nov 03, 2025 |
10-Q filing | 48.6M shares outstanding |
49M | 0 |
| Aug 04, 2025 |
10-Q filing | 48.1M shares outstanding |
48M | 0 |
| May 05, 2025 |
10-Q filing | 49.3M shares outstanding |
49M | 0 |
| Feb 28, 2025 |
8-K filing: The Cheesecake Factory Incorporated issued $575,000,000 principal amount of 2.00% Convertible Senior Notes due 2030, with an initial conversion rate of 14.1377 shares per $1,000 principal amount of Notes, potentially resulting in the issuance of up to 10,567,868 shares of common stock upon conversion. |
49M | 0 |
| Feb 24, 2025 |
10-K filing | 49.0M shares outstanding |
49M | 0 |
| Nov 04, 2024 |
10-Q filing | 48.9M shares outstanding |
49M | 0 |
| Aug 05, 2024 |
10-Q filing | 48.8M shares outstanding |
49M | 0 |
| May 08, 2024 |
10-Q filing | 48.7M shares outstanding |
49M | 0 |
| Feb 26, 2024 |
10-K filing | 49.1M shares outstanding |
49M | 0 |
| Nov 06, 2023 |
10-Q filing | 49.0M shares outstanding |
49M | 0 |
| Aug 07, 2023 |
10-Q filing | 49.1M shares outstanding |
49M | 0 |
| May 10, 2023 |
10-Q filing | 49.8M shares outstanding |
50M | 0 |
| Feb 27, 2023 |
10-K filing | 50.4M shares outstanding |
50M | 0 |
| Nov 02, 2022 |
10-Q filing | 49.7M shares outstanding |
50M | 0 |
| Nov 01, 2022 |
8-K filing: On October 26, 2022, the Board of Directors approved an amendment and restatement of the Company's bylaws, declared a quarterly cash dividend of $0.27 per share, and approved an increase of 5.0 million shares to the existing repurchase program, raising the total authorization to 61.0 million shares. |
51M | 0 |
| Aug 01, 2022 |
10-Q filing | 50.9M shares outstanding |
51M | 0 |
| May 02, 2022 |
10-Q filing | 51.0M shares outstanding |
51M | 0 |
| Apr 27, 2022 |
8-K filing: The Board of Directors reinstated the share repurchase program under the existing authorization to repurchase shares of the Company's common stock up to 56.0 million shares, of which approximately 2.9 million shares remain available for repurchase. |
49M | 0 |
| Feb 22, 2022 |
10-K filing | 48.5M shares outstanding |
49M | 0 |
| Nov 04, 2021 |
10-Q filing | 51.1M shares outstanding |
51M | 0 |
| Aug 04, 2021 |
10-Q filing | 52.2M shares outstanding |
52M | 0 |
| Jun 15, 2021 |
8-K filing: The Cheesecake Factory Incorporated completed the issuance and sale of 3,125,000 shares of its common stock and the issuance of $345,000,000 principal amount of 0.375% Convertible Senior Notes due 2026 on June 15, 2021; additionally, it repurchased 150,000 shares of Series A convertible preferred stock and converted 50,000 shares of Series A convertible preferred stock into 2,400,864 shares of common stock. ($457.4M proceeds) |
44M | 0 |
| May 03, 2021 |
10-Q filing | 44.2M shares outstanding |
44M | 0 |
| Feb 24, 2021 |
10-K filing | 43.9M shares outstanding |
44M | 0 |
| Nov 06, 2020 |
10-Q filing | 43.9M shares outstanding |
44M | 0 |
| Aug 03, 2020 |
10-Q filing | 43.9M shares outstanding |
44M | 0 |
| Jun 22, 2020 |
10-Q filing | 43.8M shares outstanding |
44M | 0 |
| Apr 20, 2020 |
8-K filing: The Cheesecake Factory Incorporated sold 200,000 shares of Series A Convertible Preferred Stock to RC Cake Holdings LLC for $200 million on April 20, 2020. ($200.0M proceeds) |
45M | 0 |
| Mar 12, 2020 |
10-K filing | 44.5M shares outstanding |
45M | 0 |