Darden Restaurants Statistics
Total Valuation
DRI has a market cap or net worth of $18.68 billion. The enterprise value is $23.75 billion.
| Market Cap | 18.68B |
| Enterprise Value | 23.75B |
Important Dates
The last earnings date was Thursday, March 21, 2024, before market open.
| Earnings Date | Mar 21, 2024 |
| Ex-Dividend Date | Apr 9, 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 (%) | 0.36% |
| Owned by Institutions (%) | 95.49% |
| Float | 118.74M |
Valuation Ratios
The trailing PE ratio is 18.35 and the forward PE ratio is 16.88. DRI's PEG ratio is 1.62.
| PE Ratio | 18.35 |
| Forward PE | 16.88 |
| PS Ratio | 1.67 |
| Forward PS | 1.58 |
| PB Ratio | 8.57 |
| P/FCF Ratio | 18.92 |
| PEG Ratio | 1.62 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.73, with an EV/FCF ratio of 24.04.
| EV / Earnings | 22.95 |
| EV / Sales | 2.12 |
| EV / EBITDA | 13.73 |
| EV / EBIT | 18.38 |
| EV / FCF | 24.04 |
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 increased by +6.88% in the last 52 weeks. The beta is 1.26, so DRI's price volatility has been higher than the market average.
| Beta (1Y) | 1.26 |
| 52-Week Price Change | +6.88% |
| 50-Day Moving Average | 164.56 |
| 200-Day Moving Average | 158.20 |
| Relative Strength Index (RSI) | 43.00 |
| Average Volume (30 Days) | 1,171,346 |
Short Selling Information
The latest short interest is 5.89 million, so 4.94% of the outstanding shares have been sold short.
| Short Interest | 5.89M |
| Short Previous Month | 5.56M |
| Short % of Shares Out | 4.94% |
| Short % of Float | 4.96% |
| Short Ratio (days to cover) | 4.37 |
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 $5.24, which amounts to a dividend yield of 3.35%.
| Dividend Per Share | $5.24 |
| Dividend Yield | 3.35% |
| Dividend Growth (YoY) | 8.26% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 61.43% |
| Buyback Yield | 1.71% |
| Shareholder Yield | 5.06% |
| Earnings Yield | 5.54% |
| FCF Yield | 5.29% |
Analyst Forecast
The average price target for DRI is $178.65, which is 14.12% higher than the current price. The consensus rating is "Buy".
| Price Target | $178.65 |
| Price Target Difference | 14.12% |
| Analyst Consensus | Buy |
| Analyst Count | 20 |
| Revenue Growth Forecast (5Y) | 5.84% |
| EPS Growth Forecast (5Y) | 8.10% |
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 2.42 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.42 |
| Piotroski F-Score | 6 |