Darden Financial Statements From 2010 to 2024

DRI Stock  USD 152.50  0.21  0.14%   
Darden Restaurants financial statements provide useful quarterly and yearly information to potential Darden Restaurants investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Darden Restaurants financial statements helps investors assess Darden Restaurants' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Darden Restaurants' valuation are summarized below:
Gross Profit
B
Profit Margin
0.0924
Market Capitalization
18.2 B
Enterprise Value Revenue
2.0827
Revenue
11.2 B
We have found one hundred twenty available fundamental signals for Darden Restaurants, which can be analyzed and compared to other ratios and to its rivals. Traders should compare all of Darden Restaurants prevailing fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year. The current Market Cap is estimated to decrease to about 1.7 B. Enterprise Value is estimated to decrease to about 1.7 B

Darden Restaurants Total Revenue

6.77 Billion

Check Darden Restaurants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Darden main balance sheet or income statement drivers, such as Depreciation And Amortization of 281.9 M, Interest Expense of 58.5 M or Total Revenue of 6.8 B, as well as many exotic indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0352 or PTB Ratio of 2.95. Darden financial statements analysis is a perfect complement when working with Darden Restaurants Valuation or Volatility modules.
  
This module can also supplement Darden Restaurants' financial leverage analysis and stock options assessment as well as various Darden Restaurants Technical models . Check out the analysis of Darden Restaurants Correlation against competitors.
For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.

Darden Restaurants Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets12.4 B11.8 B7.6 B
Slightly volatile
Short and Long Term Debt Total5.5 B5.2 B2.9 B
Slightly volatile
Other Current Liabilities577.8 M865.4 M653.8 M
Slightly volatile
Total Current Liabilities1.2 B2.2 B1.5 B
Slightly volatile
Total Stockholder Equity1.8 B2.5 B2.1 B
Slightly volatile
Property Plant And Equipment Net8.6 B8.2 B4.7 B
Slightly volatile
Net Debt5.1 B4.8 B2.5 B
Slightly volatile
Accounts Payable246.3 M490.1 M289.3 M
Slightly volatile
Cash215.8 M423 M355.3 M
Slightly volatile
Non Current Assets Total11.2 B10.6 B6.6 B
Slightly volatile
Non Currrent Assets Other207.4 M346.3 M257.4 M
Pretty Stable
Cash And Short Term Investments216.2 M423 M355.4 M
Slightly volatile
Net Receivables57.2 M92.2 M71.7 M
Pretty Stable
Common Stock Shares Outstanding127.9 M110.6 M134.4 M
Slightly volatile
Liabilities And Stockholders Equity12.4 B11.8 B7.6 B
Slightly volatile
Non Current Liabilities Total7.4 BB3.9 B
Slightly volatile
Inventory229.5 M331.1 M237.9 M
Very volatile
Other Current Assets84.2 M139.1 M92.4 M
Slightly volatile
Total Liabilities9.7 B9.2 B5.4 B
Slightly volatile
Total Current Assets753.5 M1.1 B998.6 M
Pretty Stable
Good Will605.3 M1.2 B907.2 M
Slightly volatile
Common Stock Total Equity1.9 B2.6 B1.8 B
Slightly volatile
Property Plant And Equipment Gross8.6 B8.2 B4.7 B
Slightly volatile
Intangible Assets469.2 M927.2 M684.2 M
Slightly volatile
Common StockB2.6 B1.8 B
Slightly volatile
Other Liabilities453.2 M231.3 M548 M
Pretty Stable
Other Assets174.2 M346.3 M201.9 M
Slightly volatile
Long Term Debt1.2 BB1.2 B
Slightly volatile
Property Plant Equipment8.6 B8.2 B4.4 B
Slightly volatile
Current Deferred Revenue297.3 M588.8 M381.3 M
Slightly volatile
Long Term Debt Total991.5 M796.4 M1.3 B
Slightly volatile
Capital Lease Obligations2.5 B4.2 BB
Slightly volatile
Non Current Liabilities Other1.1 B1.6 BB
Slightly volatile
Short and Long Term Debt230.8 M243 MB
Slightly volatile
Net Invested Capital3.6 B3.5 B3.2 B
Slightly volatile
Cash And Equivalents566.3 M423 M399.4 M
Slightly volatile
Capital Stock2.3 B2.6 B1.9 B
Slightly volatile

Darden Restaurants Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization281.9 M421.6 M327.2 M
Slightly volatile
Total Revenue6.8 B12.1 B7.8 B
Slightly volatile
Gross Profit1.5 B2.4 B1.6 B
Slightly volatile
Other Operating Expenses6.2 B10.7 B7.1 B
Slightly volatile
Operating Income1.5 B1.4 B789.5 M
Slightly volatile
EBIT1.5 B1.4 B805.7 M
Slightly volatile
EBITDA1.9 B1.8 B1.1 B
Slightly volatile
Cost Of Revenue5.3 B9.7 B6.2 B
Slightly volatile
Total Operating Expenses877.9 MB933.7 M
Very volatile
Selling General Administrative542.1 M444 M477 M
Slightly volatile
Selling And Marketing Expenses157.3 M106.5 M200.4 M
Slightly volatile
Interest Income98.2 M93.5 M23.7 M
Slightly volatile
Reconciled Depreciation374.9 M446 M322.9 M
Slightly volatile

Darden Restaurants Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation54.1 M77.6 M57.8 M
Very volatile
Begin Period Cash Flow570.1 M542.9 M370.4 M
Slightly volatile
Depreciation280.9 M446 M327.1 M
Slightly volatile
Capital Expenditures412.8 M682.9 M445.3 M
Very volatile
Total Cash From Operating Activities1.9 B1.8 B1.2 B
Slightly volatile
End Period Cash Flow502.6 M478.6 M384.8 M
Slightly volatile
Dividends Paid712.2 M678.3 M357.4 M
Slightly volatile
Issuance Of Capital Stock30.3 M31.9 M82.9 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.791.23081.4246
Slightly volatile
Dividend Yield0.03520.03350.0316
Pretty Stable
PTB Ratio2.954.12185.5289
Slightly volatile
Days Sales Outstanding2.42.32833.4202
Slightly volatile
Book Value Per Share19.9518.999217.475
Slightly volatile
Free Cash Flow Yield0.04410.02260.0375
Slightly volatile
Invested Capital2.472.34861.3094
Slightly volatile
Operating Cash Flow Per Share4.525.79718.1927
Slightly volatile
PB Ratio2.954.12185.5289
Slightly volatile
EV To Sales0.951.83431.6918
Slightly volatile
Free Cash Flow Per Share2.421.7714.5218
Slightly volatile
ROIC0.03080.03240.1378
Very volatile
Inventory Turnover18.6430.925628.1691
Pretty Stable
Days Of Inventory On Hand18.2411.802513.2527
Pretty Stable
Payables Turnover17.1925.655620.589
Pretty Stable
Sales General And Administrative To Revenue0.06860.04820.0616
Slightly volatile
Cash Per Share6.536.22093.0464
Slightly volatile
POCF Ratio6.8113.508611.7229
Very volatile
Interest Coverage7.2813.316712.353
Slightly volatile
PFCF Ratio22.9444.218367.1038
Slightly volatile
Days Payables Outstanding18.9114.226917.6995
Pretty Stable
EV To Operating Cash Flow21.1420.132815.294
Slightly volatile
EV To Free Cash Flow69.265.901795.8097
Slightly volatile
Intangibles To Total Assets0.140.18530.2321
Very volatile
Net Debt To EBITDA4.183.97892.2503
Pretty Stable
Current Ratio0.480.61430.7032
Slightly volatile
Tangible Book Value Per Share5.543.97643.5014
Pretty Stable
Receivables Turnover141157115
Slightly volatile
Graham Number20.6613.092440.3517
Pretty Stable
Shareholders Equity Per Share19.9518.999217.475
Slightly volatile
Debt To Equity2.472.34861.3094
Slightly volatile
Revenue Per Share34.9863.625962.9975
Slightly volatile
Interest Debt Per Share47.3945.128823.9676
Slightly volatile
Debt To Assets0.580.55050.3425
Slightly volatile
Enterprise Value Over EBITDA7.1912.092912.3819
Pretty Stable
Short Term Coverage Ratios2.52.63444.2562
Slightly volatile
Operating Cycle21.5414.130916.7328
Slightly volatile
Price Book Value Ratio2.954.12185.5289
Slightly volatile
Days Of Payables Outstanding18.9114.226917.6995
Pretty Stable
Price To Operating Cash Flows Ratio6.8113.508611.7229
Very volatile
Price To Free Cash Flows Ratio22.9444.218367.1038
Slightly volatile
Operating Profit Margin0.06670.10610.0871
Slightly volatile
Company Equity Multiplier2.184.26653.2708
Slightly volatile
Long Term Debt To Capitalization0.730.69070.4906
Slightly volatile
Total Debt To Capitalization0.740.70140.5008
Slightly volatile
Return On Capital Employed0.180.10160.1365
Slightly volatile
Debt Equity Ratio2.472.34861.3094
Slightly volatile
Ebit Per Revenue0.06670.10610.0871
Slightly volatile
Quick Ratio0.480.45350.2756
Slightly volatile
Net Income Per E B T0.290.30560.9445
Slightly volatile
Cash Ratio0.450.42580.2281
Slightly volatile
Operating Cash Flow Sales Ratio0.0960.09110.119
Slightly volatile
Days Of Inventory Outstanding18.2411.802513.2527
Pretty Stable
Days Of Sales Outstanding2.42.32833.4202
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.330.30550.4354
Slightly volatile
Cash Flow Coverage Ratios0.120.12990.6223
Pretty Stable
Price To Book Ratio2.954.12185.5289
Slightly volatile
Fixed Asset Turnover1.11.16072.1657
Slightly volatile
Price Cash Flow Ratio6.8113.508611.7229
Very volatile
Enterprise Value Multiple7.1912.092912.3819
Pretty Stable
Debt Ratio0.580.55050.3425
Slightly volatile
Cash Flow To Debt Ratio0.120.12990.6223
Pretty Stable
Price Sales Ratio0.791.23081.4246
Slightly volatile
Asset Turnover0.750.78491.1415
Slightly volatile
Gross Profit Margin0.240.18040.2072
Very volatile
Price Fair Value2.954.12185.5289
Slightly volatile

Darden Restaurants Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.7 B1.9 BB
Pretty Stable
Enterprise Value1.7 B1.7 B1.9 B
Very volatile

Darden Fundamental Market Drivers

Forward Price Earnings15.5763
Cash And Short Term Investments367.8 M

Darden Upcoming Events

28th of March 2024
Upcoming Quarterly Report
View
27th of June 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
27th of June 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of May 2023
Last Financial Announcement
View

About Darden Restaurants Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Darden Restaurants income statement, its balance sheet, and the statement of cash flows. Darden Restaurants investors use historical funamental indicators, such as Darden Restaurants's revenue or net income, to determine how well the company is positioned to perform in the future. Although Darden Restaurants investors may use each financial statement separately, they are all related. The changes in Darden Restaurants's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Darden Restaurants's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Darden Restaurants Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Darden Restaurants. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue588.8 M297.3 M
Total Revenue12.1 B6.8 B
Cost Of Revenue9.7 B5.3 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.05  0.07 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.06)(0.07)
Revenue Per Share 63.63  34.98 
Ebit Per Revenue 0.11  0.07 

Pair Trading with Darden Restaurants

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Darden Restaurants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Darden Restaurants will appreciate offsetting losses from the drop in the long position's value.

Moving together with Darden Stock

  0.84DIN Dine Brands Global Financial Report 1st of May 2024 PairCorr

Moving against Darden Stock

  0.46GENK GEN Restaurant GroupPairCorr
  0.45WEN The Wendys Financial Report 8th of May 2024 PairCorr
The ability to find closely correlated positions to Darden Restaurants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Darden Restaurants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Darden Restaurants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Darden Restaurants to buy it.
The correlation of Darden Restaurants is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Darden Restaurants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Darden Restaurants moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Darden Restaurants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Darden Restaurants offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Darden Restaurants' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Darden Restaurants Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Darden Restaurants Stock:
Check out the analysis of Darden Restaurants Correlation against competitors.
For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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Is Darden Restaurants' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Darden Restaurants. If investors know Darden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Darden Restaurants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.11
Dividend Share
5.14
Earnings Share
8.53
Revenue Per Share
93.095
Quarterly Revenue Growth
0.068
The market value of Darden Restaurants is measured differently than its book value, which is the value of Darden that is recorded on the company's balance sheet. Investors also form their own opinion of Darden Restaurants' value that differs from its market value or its book value, called intrinsic value, which is Darden Restaurants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Darden Restaurants' market value can be influenced by many factors that don't directly affect Darden Restaurants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Darden Restaurants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Darden Restaurants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Darden Restaurants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.