Darden Restaurants Statistics
Total Valuation
DRI has a market cap or net worth of $17.52 billion. The enterprise value is $22.58 billion.
| Market Cap | 17.52B |
| Enterprise Value | 22.58B |
Important Dates
The last earnings date was Thursday, June 20, 2024, before market open.
| Earnings Date | Jun 20, 2024 |
| Ex-Dividend Date | Jul 10, 2024 |
Share Statistics
DRI has 119.36 million shares outstanding. The number of shares has decreased by -1.71% in one year.
| Shares Outstanding | 119.36M |
| Shares Change (YoY) | -1.71% |
| Shares Change (QoQ) | -0.33% |
| Owned by Insiders (%) | 0.37% |
| Owned by Institutions (%) | 98.25% |
| Float | 118.57M |
Valuation Ratios
The trailing PE ratio is 17.21 and the forward PE ratio is 15.97. DRI's PEG ratio is 1.62.
| PE Ratio | 17.21 |
| Forward PE | 15.97 |
| PS Ratio | 1.56 |
| Forward PS | 1.49 |
| PB Ratio | 8.03 |
| P/FCF Ratio | 17.73 |
| PEG Ratio | 1.62 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.06, with an EV/FCF ratio of 22.86.
| EV / Earnings | 21.83 |
| EV / Sales | 2.02 |
| EV / EBITDA | 13.06 |
| EV / EBIT | 17.48 |
| EV / FCF | 22.86 |
Financial Position
The company has a current ratio of 0.39, with a Debt / Equity ratio of 2.43.
| Current Ratio | 0.39 |
| Quick Ratio | 0.14 |
| Debt / Equity | 2.43 |
| Debt / EBITDA | 3.07 |
| Debt / FCF | 5.37 |
| Interest Coverage | 10.30 |
Financial Efficiency
Return on equity (ROE) is 48.30% and return on invested capital (ROIC) is 15.32%.
| Return on Equity (ROE) | 48.30% |
| Return on Assets (ROA) | 9.40% |
| Return on Capital (ROIC) | 15.32% |
| Revenue Per Employee | $59,779 |
| Profits Per Employee | $5,521 |
| Employee Count | 187,384 |
| Asset Turnover | 1.01 |
| Inventory Turnover | 29.29 |
Taxes
In the past 12 months, DRI has paid $131.80 million in taxes.
| Income Tax | 131.80M |
| Effective Tax Rate | 11.30% |
Stock Price Statistics
The stock price has decreased by -12.35% in the last 52 weeks. The beta is 1.29, so DRI's price volatility has been higher than the market average.
| Beta (5Y) | 1.29 |
| 52-Week Price Change | -12.35% |
| 50-Day Moving Average | 150.54 |
| 200-Day Moving Average | 155.72 |
| Relative Strength Index (RSI) | 39.14 |
| Average Volume (20 Days) | 1,374,492 |
Short Selling Information
The latest short interest is 5.31 million, so 4.45% of the outstanding shares have been sold short.
| Short Interest | 5.31M |
| Short Previous Month | 5.93M |
| Short % of Shares Out | 4.45% |
| Short % of Float | 4.48% |
| Short Ratio (days to cover) | 5.13 |
Income Statement
In the last 12 months, DRI had revenue of $11.20 billion and earned $1.03 billion in profits. Earnings per share was $8.53.
| Revenue | 11.20B |
| Gross Profit | 2.36B |
| Operating Income | 1.29B |
| Pretax Income | 1.17B |
| Net Income | 1.03B |
| EBITDA | 1.73B |
| EBIT | 1.29B |
| Earnings Per Share (EPS) | $8.53 |
Balance Sheet
The company has $243.90 million in cash and $5.31 billion in debt, giving a net cash position of -$5.06 billion or -$42.41 per share.
| Cash & Cash Equivalents | 243.90M |
| Total Debt | 5.31B |
| Net Cash | -5.06B |
| Net Cash Per Share | -$42.41 |
| Equity (Book Value) | 2.18B |
| Book Value Per Share | 18.27 |
| Working Capital | -1.40B |
Cash Flow
In the last 12 months, operating cash flow was $1.60 billion and capital expenditures -$609.20 million, giving a free cash flow of $987.80 million.
| Operating Cash Flow | 1.60B |
| Capital Expenditures | -609.20M |
| Free Cash Flow | 987.80M |
| FCF Per Share | $8.27 |
Margins
Gross margin is 21.03%, with operating and profit margins of 11.55% and 9.24%.
| Gross Margin | 21.03% |
| Operating Margin | 11.55% |
| Pretax Margin | 10.41% |
| Profit Margin | 9.24% |
| EBITDA Margin | 15.44% |
| EBIT Margin | 11.53% |
| FCF Margin | 8.82% |
Dividends & Yields
This stock pays an annual dividend of $5.60, which amounts to a dividend yield of 3.82%.
| Dividend Per Share | $5.60 |
| Dividend Yield | 3.82% |
| Dividend Growth (YoY) | 7.89% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 65.65% |
| Buyback Yield | 1.71% |
| Shareholder Yield | 5.53% |
| Earnings Yield | 5.91% |
| FCF Yield | 5.64% |
Analyst Forecast
The average price target for DRI is $173.87, which is 18.46% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $173.87 |
| Price Target Difference | 18.46% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 23 |
| Revenue Growth Forecast (5Y) | 5.45% |
| EPS Growth Forecast (5Y) | 9.26% |
Stock Splits
The last stock split was on November 10, 2015. It was a forward split with a ratio of 10000:8939.
| Last Split Date | Nov 10, 2015 |
| Split Type | Forward |
| Split Ratio | 10000:8939 |
Scores
DRI has an Altman Z-Score of 2.35 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.35 |
| Piotroski F-Score | 6 |