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DRI - Darden Restaurants, Inc.

NYSE -> Consumer Cyclical -> Restaurants
Orlando, United States
Type: Equity

DRI price evolution
DRI
(in millions $) 24 Dec 2024 25 Sep 2024 26 Jun 2024 25 Mar 2024
Current assets
Cash $194.8 $243.9
Short term investments
Net receivables $77.8 $63.8 $79.1 $72.2
Inventory $318 $297.7 $290.5 $298.2
Total current assets $879.6 $819.6 $822.8 $876.4
Long term investments
Property, plant & equipment $8269.2 $7638.3 $7613.6 $7596.2
Goodwill & intangible assets $2539 $2545.8
Total noncurrent assets $10500.2 $10481.8
Total investments
Total assets $12519.2 $11355.5 $11323 $11358.2
Current liabilities
Accounts payable $408.5 $401 $399.5 $406
Deferred revenue $591.8 $626
Short long term debt $86.8 $158.7
Total current liabilities $2401 $2324.7 $2192.5 $2272.4
Long term debt $2121.7 $1385.6 $1370.4 $1372.8
Total noncurrent liabilities $6888 $6904.9
Total debt $5161.9 $5305.9
Total liabilities $10448.3 $9211.8 $9080.5 $9177.3
Shareholders' equity
Retained earnings -$218.9 -$144.5 -$35.5 -$101.6
Other shareholder equity $28.8 $25.9 $25.6 $29.7
Total shareholder equity $2242.5 $2180.9
(in millions $) 26 Jun 2024 31 Jan 2024 29 Jun 2022 31 Dec 2021
Current assets
Cash $194.8 $367.8 $420.6 $1214.7
Short term investments
Net receivables $79.1 $80.2 $72 $68.2
Inventory $290.5 $287.9 $270.6 $190.8
Total current assets $822.8 $997.7 $1179.4 $1871.1
Long term investments
Property, plant & equipment $7613.6 $7099 $6821.1 $6645.6
Goodwill & intangible assets $2539 $1843.7 $1843.7 $1843.7
Total noncurrent assets $10500.2 $9243.8 $8956.4 $8785
Total investments
Total assets $11323 $10241.5 $10135.8 $10656.1
Current liabilities
Accounts payable $399.5 $426.2 $366.9 $304.5
Deferred revenue $591.8 $512 $498 $474.2
Short long term debt $86.8
Total current liabilities $2192.5 $1937.4 $1847.5 $1848.3
Long term debt $1370.4 $884.9 $2133.2 $5018.3
Total noncurrent liabilities $6888 $6102.6 $6090.1 $5994.7
Total debt $5161.9 $4552.5 $4656.8 $5018.3
Total liabilities $9080.5 $8040 $7937.6 $7843
Shareholders' equity
Retained earnings -$35.5 -$32.5 -$25.9 $522.3
Other shareholder equity $25.6 $3.2 -$1.9 $4.2
Total shareholder equity $2242.5 $2201.5 $2198.2 $2813.1
(in millions $) 24 Dec 2024 25 Sep 2024 26 Jun 2024 25 Mar 2024
Revenue
Total revenue $2890 $2757 $2957.3 $2974.8
Cost of revenue
Gross Profit $612.7 $562.8 $656.7 $645.6
Operating activities
Research & development
Selling, general & administrative
Total operating expenses $320.6 $292.6 $259.9 $257.8
Operating income
Income from continuing operations
EBIT
Income tax expense $30.2 $24.5 $50 $37.5
Interest expense -$46.2 -$37.1 -$35.4 -$36.5
Net income
Net income $215.1 $207.2 $308.1 $312.9
Income (for common shares)
(in millions $) 26 Jun 2024 31 Jan 2024 29 Jun 2022 31 Jan 2022
Revenue
Total revenue $11390 $9630 $7196.1
Cost of revenue $5702.6
Gross Profit $2410.2 $1995 $1493.5
Operating activities
Research & development
Selling, general & administrative $487.3
Total operating expenses $1083.6 $903.5 $844.8
Operating income $648.7
Income from continuing operations
EBIT $636.9
Income tax expense $145 $138.8 -$55.9
Interest expense -$138.7 $68.7 $63.5
Net income
Net income $1027.6 $952.8 $629.3
Income (for common shares) $629.3
(in millions $) 24 Dec 2024 25 Sep 2024 26 Jun 2024 25 Mar 2024
Net income
Operating activities
Depreciation
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations
Investing activities
Capital expenditures
Investments
Total cash flows from investing -$939.3 -$149.7 -$1324.6 -$1176
Financing activities
Dividends paid -$330.5 -$166 -$628.4 -$472.1
Sale and purchase of stock
Net borrowings
Total cash flows from financing $298.9 -$126.7 -$483.4 -$158.5
Effect of exchange rate
Change in cash and equivalents $21.4 -$3.2 -$196.1 -$148.1
(in millions $) 26 Jun 2024 28 Jun 2023 29 Jun 2022 31 Dec 2021
Net income $629.3
Operating activities
Depreciation $350.9
Business acquisitions & disposals
Stock-based compensation $72.4
Total cash flows from operations $1194
Investing activities
Capital expenditures -$249.5
Investments
Total cash flows from investing -$1324.6 -$568.4 -$389 -$263.7
Financing activities
Dividends paid -$628.4 -$589.8 -$563 -$202.6
Sale and purchase of stock $0.8
Net borrowings -$277.1
Total cash flows from financing -$483.4 -$1033.1 -$1609.7 -$478.9
Effect of exchange rate
Change in cash and equivalents -$196.1 -$55.9 -$742.6 $451.4
Fundamentals
Market cap $22.04B
Enterprise value N/A
Shares outstanding 117.50M
Revenue $11.58B
EBITDA N/A
EBIT N/A
Net Income $1.04B
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio 21.13
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 1.90
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS $8.88
ROA 8.96%
ROE N/A
Debt/Equity 4.05
Net debt/EBITDA N/A
Current ratio 0.37
Quick ratio 0.23