DARDEN RESTAURANTS INC DRI

Consumer discretionary SIC 5812 - Retail-Eating Places NAICS Accommodation and Food Services › Food Services and Drinking Places › Restaurants and Other Eating Places derived NYSE

Darden Restaurants, Inc. ("Darden," the "Company," "we," "us," or "our") is a full-service restaurant company, and as of May 31, 2026, we owned and operated 2,202 restaurants through subsidiaries in the United States under the Olive Garden®, LongHorn Steakhouse®, Yard House®, Ruth's Chris Steak House® ("Ruth's Chris"), Cheddar's Scratch Kitchen®, The Capital Grille®, Chuy's®, Seasons 52®, Eddie V's Prime Seafood® ("Eddie V's"), Bahama Breeze®, and The Capital Burger® trademarks. As of May 31, 2026, we also had 167 restaurants operated by independent third parties pursuant to area development and franchise agreements, four restaurants operating under contractual agreements, and one restaurant that we jointly own with a third party and operate independently.

Last close 212.40 2026-10-23
Market cap $24.23B 2026-05-31 share count
52-week range 169.00 - 229.76

Valuation FY2025 figures against the last close

P/S1.8x
P/E20.5x
P/FCF21.7x
EV/EBITDA12.3x
Dividend yield2.9%
Diluted EPS10.38

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $13.21B$12.08B$11.39B$10.49B$9.63B$7.20B$7.81B$8.51B$8.08B$7.17B
Gross profit $2.68B$2.47B$2.29B$1.99B$1.90B$1.40B$1.17B$1.59B$1.49B$1.33B
SG&A $514.4M$520.3M$479.2M$386.1M$373.2M$396.2M$376.4M$405.5M$409.8M$387.7M
Total operating expenses $11.63B$10.71B$10.08B$9.29B$8.47B$6.55B$7.76B$7.68B$7.31B$6.49B
Operating income $1.58B$1.36B$1.31B$1.20B$1.16B$648.7M$47.9M$832.5M$766.8M$677.5M
Interest expense $126.5M$115.9M$93.5M$50.2M$40.9M$47.5M$49.3M$44.3M$152.4M$34.4M
Pre-tax income $1.39B$1.19B$1.18B$1.12B$1.09B$576.5M-$161.0M$782.3M$605.7M$637.3M
Income tax $174.9M$136.2M$145.0M$137.0M$138.8M$55.9M$111.8M$63.7M$1.9M$154.8M
Net income $1.21B$1.05B$1.03B$981.9M$952.8M$629.3M-$52.4M$713.4M$596.0M$479.1M
EPS, basic 10.458.938.578.067.464.83-0.435.784.813.85
EPS, diluted 10.388.868.517.997.394.77-0.435.694.733.80
Shares, diluted (wtd. avg.) 116.3M118.4M120.8M122.9M129.0M131.8M122.7M125.4M126.0M126.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $219.5M$240.0M$194.8M$416.2M$472.1M$1.21B$763.3M$457.3M$146.9M$233.1M
Receivables $129.9M$93.8M$79.1M$80.2M$72.0M$68.2M$49.8M$88.3M$83.7M$75.9M
Inventory $326.3M$311.6M$290.5M$287.9M$270.6M$190.8M$206.9M$207.3M$205.3M$178.9M
Total current assets $942.9M$937.7M$822.8M$997.7M$1.18B$1.87B$1.10B$892.6M$553.6M$587.9M
Property, plant and equipment ——————$2.76B$2.55B$2.43B$2.27B
Goodwill $1.66B$1.66B$1.39B$1.04B$1.04B$1.04B$1.04B$1.18B$1.18B$1.20B
Other intangibles —$14.3M$16.2M$11.3M$13.3M$15.3M$17.4M$49.9M$57.3M$20.1M
Total assets $12.86B$12.59B$11.32B$10.24B$10.14B$10.66B$9.95B$5.89B$5.47B$5.29B
Accounts payable $427.7M$439.6M$399.5M$426.2M$366.9M$304.5M$249.4M$332.6M$277.0M$249.5M
Short-term debt $693.6M$0$86.8M$0—$0$270.0M$0——
Total current liabilities $3.01B$2.25B$2.19B$1.94B$1.85B$1.85B$1.79B$1.47B$1.38B$1.29B
Long-term debt $1.64B$2.13B$1.37B$884.9M$901.0M$929.8M$928.8M$927.7M$926.5M$936.6M
Total liabilities $10.65B$10.28B$9.08B$8.04B$7.94B$7.84B$7.61B$3.50B$3.27B$3.19B
Retained earnings -$108.4M-$16.1M-$35.5M-$32.5M-$25.9M$522.3M$143.5M$806.6M$657.6M$560.1M
Total equity $2.21B$2.31B$2.24B$2.20B$2.20B$2.81B$2.33B$2.39B$2.19B$2.10B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.85B$1.71B$1.62B$1.55B$1.26B$1.19B$717.4M$1.27B$1.02B$916.3M
Depreciation and amortisation $561.1M$516.1M$459.9M$387.8M$368.4M$350.9M$355.9M$336.7M$313.1M$272.9M
Stock-based compensation $79.1M$79.1M$68.5M$67.5M$60.5M$72.4M$53.0M$59.8M$42.8M$40.7M
Capital expenditure $734.0M$644.6M$601.2M$564.9M$376.9M$254.9M$459.9M$452.0M$396.0M$293.0M
Investing cash flow -$711.4M-$1.28B-$1.32B-$568.4M-$389.0M-$263.7M-$544.0M-$462.6M-$451.1M-$1.07B
Financing cash flow -$1.16B-$385.8M-$483.4M-$1.03B-$1.61B-$478.9M$138.7M-$484.2M-$636.6M$129.2M
Dividends paid $693.0M$658.5M$628.4M$589.8M$563.0M$202.6M$322.3M$370.8M$313.5M$279.1M
Buybacks $671.7M$418.2M$453.9M$458.7M$1.07B$45.4M$330.3M$207.5M$234.8M$230.2M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-342023.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -5B 0 5B 10B 15B Revenue, FY2016: 7.2B Gross profit, FY2016: 1.3B Net income, FY2016: 479.1M Revenue, FY2017: 8.1B Gross profit, FY2017: 1.5B Net income, FY2017: 596M Revenue, FY2018: 8.5B Gross profit, FY2018: 1.6B Net income, FY2018: 713.4M Revenue, FY2019: 7.8B Gross profit, FY2019: 1.2B Net income, FY2019: -52.4M Revenue, FY2020: 7.2B Gross profit, FY2020: 1.4B Net income, FY2020: 629.3M Revenue, FY2021: 9.6B Gross profit, FY2021: 1.9B Net income, FY2021: 952.8M Revenue, FY2022: 10.5B Gross profit, FY2022: 2B Net income, FY2022: 981.9M Revenue, FY2023: 11.4B Gross profit, FY2023: 2.3B Net income, FY2023: 1B Revenue, FY2024: 12.1B Gross profit, FY2024: 2.5B Net income, FY2024: 1B Revenue, FY2025: 13.2B Gross profit, FY2025: 2.7B Net income, FY2025: 1.2B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $7.17B $8.08B $8.51B $7.81B $7.20B $9.63B $10.49B $11.39B $12.08B $13.21B
Gross profit $1.33B $1.49B $1.59B $1.17B $1.40B $1.90B $1.99B $2.29B $2.47B $2.68B
Net income $479.1M $596.0M $713.4M -$52.4M $629.3M $952.8M $981.9M $1.03B $1.05B $1.21B

Recent filings and events

  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed Form 10-K
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 5812

TickerCompanyMarket capP/ERevenue growth
MCD MCDONALDS CORP $175.82B 20.8x 3.7%
YUM YUM BRANDS INC $40.85B 27.0x 8.8%
CMG CHIPOTLE MEXICAN GRILL INC $34.82B 24.1x 5.4%
QSR Restaurant Brands International Inc. $26.22B 32.1x 12.2%
YUMC Yum China Holdings, Inc. $15.25B 17.7x 4.4%
ARMK Aramark $13.86B 43.1x 6.4%
TXRH Texas Roadhouse, Inc. $10.87B 27.2x 9.4%
EAT BRINKER INTERNATIONAL, INC $7.63B 16.8x 7.9%