Darden Restaurants, Inc. is a full-service restaurant company, and as of May 25, 2025, we owned and operated 2,159 restaurants through subsidiaries in the United States and Canada under the Olive Garden®, LongHorn Steakhouse®, Cheddar’s Scratch Kitchen®, Chuy’s®, Yard House®, Ruth’s Chris Steak House® (“Ruth’s Chris”), The Capital Grille®, Seasons 52®, Eddie V’s Prime Seafood® (“Eddie V’s”), Bahama Breeze®, and The Capital Burger® trademarks. As of May 25, 2025, we also had 154 restaurants operated by independent third parties pursuant to area development and franchise agreements and 4 restaurants operating under contractual agreements.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 12.6B | 12.1B | 11.4B | 10.5B | 9.6B | 7.2B |
| Net Income | 1.1B | 1.0B | 1.0B | 982M | 953M | 629M |
| EPS | $9.52 | $8.86 | $8.51 | $7.99 | $7.39 | $4.77 |
| Free Cash Flow | 1.0B | 1.1B | 1.0B | 988M | 888M | 939M |
| ROIC | 30.6% | 21.7% | 16.4% | 17.5% | 16.8% | 49.1% |
| Gross Margin | 68.2% | 20.5% | 19.9% | 18.7% | 19.7% | 19.5% |
| Debt/Equity | 1.24 | 2.58 | 2.31 | 2.07 | 2.13 | 0.33 |
| Dividends/Share | $5.88 | $5.60 | $5.24 | $4.84 | $4.40 | $1.55 |
| Operating Income | 1.5B | 1.4B | 1.3B | 1.2B | 1.2B | 649M |
| Operating Margin | 11.6% | 11.3% | 11.5% | 11.5% | 12.1% | 9.0% |
| ROE | 53.9% | 46.1% | 45.8% | 44.6% | 43.3% | 22.4% |
| Shares Outstanding | 115M | 118M | 121M | 123M | 129M | 132M |
DARDEN RESTAURANTS INC passes 7 of 9 quality checks, indicating strong fundamentals.
DARDEN RESTAURANTS INC trades at 20.2x trailing earnings, compared to its 15-year median P/E of 17.6x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 22.0x vs a median of 16.4x. The company's 5-year average ROIC is 24.3% with a gross margin of 19.7%. Total shareholder yield (dividends + buybacks) is 5.4%. At current prices, the estimated annualized return to fair value is +12.9%.
DARDEN RESTAURANTS INC (DRI) has a current P/E ratio of 20.2, compared to its historical median P/E of 17.6. The stock is currently considered Fair based on its historical valuation range.
DARDEN RESTAURANTS INC (DRI) has a 5-year average return on invested capital (ROIC) of 24.3%. This indicates strong capital allocation and a potential competitive advantage.
DARDEN RESTAURANTS INC (DRI) has a market capitalization of $22.1B. It is classified as a large-cap stock.
Yes, DARDEN RESTAURANTS INC (DRI) pays a dividend with a trailing twelve-month yield of 3.06%. The company also returns capital through share buybacks, with a buyback yield of 2.31%.
Based on historical P/E analysis, DARDEN RESTAURANTS INC (DRI) appears fair. The current P/E of 20.2 is 15% above its historical median of 17.6. The estimated fair value CAGR (P/E method) is 25.9%.
DARDEN RESTAURANTS INC (DRI) operates in the Retail-Eating Places industry, within the Consumer Cyclical sector.
DARDEN RESTAURANTS INC (DRI) reported annual revenue of $12.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
DARDEN RESTAURANTS INC (DRI) has a net profit margin of 8.7%. This is a modest margin.
DARDEN RESTAURANTS INC (DRI) generated $1.1 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
DARDEN RESTAURANTS INC (DRI) has a debt-to-equity ratio of 2.58. This indicates higher leverage, which may increase financial risk.
DARDEN RESTAURANTS INC (DRI) reported earnings per share (EPS) of $8.86 in its most recent fiscal year.
DARDEN RESTAURANTS INC (DRI) has a return on equity (ROE) of 46.1%. This indicates the company generates strong returns for shareholders.
DARDEN RESTAURANTS INC (DRI) has a 5-year average gross margin of 19.7%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 18 years of financial data for DARDEN RESTAURANTS INC (DRI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
DARDEN RESTAURANTS INC (DRI) has a book value per share of $19.51, based on its most recent annual SEC filing.