Darden Restaurants, Inc. (DRI)

Darden Restaurants Income Statement

Financials in millions USD. Fiscal year is June - May.

Year	2023	2022	2021	2020	2019
Revenue	10,488	9,630	7,196	7,807	8,510
Revenue Growth (YoY)	8.91%	33.82%	-7.82%	-8.27%	5.33%
Cost of Revenue	8,404	7,635	5,703	6,399	6,661
Gross Profit	2,083	1,995	1,494	1,408	1,849
Selling, General & Admin	504.4	466.4	487.3	614.4	660.8
Other Operating Expenses	377.2	366.4	357.5	746.1	355.7
Operating Expenses	881.6	832.8	844.8	1,361	1,017
Operating Income	1,202	1,162	648.7	47.9	832.5
Interest Expense / Income	81.3	68.7	63.5	57.3	50.2
Other Expense / Income	1.6	1.9	11.8	154.8	5.2
Pretax Income	1,119	1,092	573.4	-164.2	777.1
Income Tax	137	138.8	-55.9	-111.8	63.7
Net Income	981.9	952.8	629.3	-52.4	713.4
Net Income Growth	3.05%	51.41%	-	-	19.70%
Shares Outstanding (Basic)	122	128	130	123	124
Shares Outstanding (Diluted)	123	129	132	123	125
Shares Change	-4.73%	-2.12%	7.42%	-2.15%	-0.48%
EPS (Basic)	8.06	7.46	4.83	-0.43	5.78
EPS (Diluted)	7.99	7.39	4.77	-0.43	5.69
EPS Growth	8.12%	54.93%	-	-	20.30%
Free Cash Flow	1,006	889.3	944.5	257.2	818.4
Free Cash Flow Per Share	8.25	6.96	7.24	2.10	6.63
Dividend Per Share	4.840	4.400	1.550	2.640	3.000
Dividend Growth	10.00%	183.87%	-41.29%	-12.00%	19.05%
Gross Margin	19.86%	20.72%	20.75%	18.04%	21.73%
Operating Margin	11.46%	12.07%	9.01%	0.61%	9.78%
Profit Margin	9.36%	9.89%	8.75%	-0.67%	8.38%
Free Cash Flow Margin	9.59%	9.23%	13.13%	3.29%	9.62%
Effective Tax Rate	12.24%	12.72%	-9.75%	-	8.20%
EBITDA	1,588	1,529	987.8	249	1,164
EBITDA Margin	15.14%	15.87%	13.73%	3.19%	13.68%
Depreciation & Amortization	387.8	368.4	350.9	355.9	336.7
EBIT	1,200	1,160	636.9	-106.9	827.3
EBIT Margin	11.44%	12.05%	8.85%	-1.37%	9.72%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).