Driven Brands Holdings Inc. DRVN
Driven Brands is the largest automotive services company in North America with a growing and highly-franchised base of over 4,200 locations across 49 U.S. states and Canada. Our scaled, diversified platform provides high-quality services to an extensive range of retail, commercial, and insurance customers. Our breadth of services covers a wide variety of automotive needs, including routine maintenance services, such as oil changes, as well as paint, collision, glass, and repair services. Our portfolio of brands continues to generate consistent revenue with strong operating margins. Our network generated approximately $1.9 billion in net revenue from approximately $6.1 billion in system-wide sales in 2025.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.86B | $1.75B | $1.71B | $2.03B | $1.47B | $904.2M | $600.3M | — |
| SG&A | $496.3M | $465.0M | $389.6M | $401.7M | $292.3M | $218.3M | $142.2M | — |
| Total operating expenses | $1.63B | $1.55B | $1.59B | $1.83B | $1.29B | $809.5M | $530.3M | — |
| Operating income | $231.1M | $199.8M | $115.2M | $199.6M | $177.1M | $94.7M | $70.0M | — |
| Interest expense | $121.2M | $157.0M | $160.4M | $114.1M | $75.9M | $95.6M | $56.8M | — |
| Pre-tax income | $119.2M | $25.1M | -$41.1M | $68.3M | $34.9M | $7.2M | $12.6M | — |
| Income tax | $12.8M | $24.5M | $5.6M | $25.2M | $25.4M | $11.4M | $4.8M | — |
| Net income | $132.1M | $546.0K | -$46.8M | $43.2M | $9.5M | -$4.2M | $7.7M | — |
| EPS, basic | 0.85 | -1.86 | -4.94 | 0.26 | 0.06 | -0.04 | 0.09 | — |
| EPS, diluted | 0.85 | -1.86 | -4.94 | 0.25 | 0.06 | -0.04 | 0.09 | — |
| Shares, diluted (wtd. avg.) | $163.9M | $161.2M | $161.9M | $166.7M | $164.6M | $104.3M | $89.0M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $105.7M | $69.8M | $132.6M | $150.1M | $523.4M | $172.6M | $34.9M | $37.5M |
| Inventory | $48.3M | $52.6M | $54.1M | $72.0M | $47.0M | $43.0M | — | — |
| Total current assets | $685.2M | $698.4M | $757.5M | $571.4M | $768.9M | $373.7M | — | — |
| Property, plant and equipment | $466.1M | $402.7M | $388.1M | $1.55B | $1.35B | $827.4M | — | — |
| Goodwill | $1.21B | $1.24B | $1.24B | $2.28B | $1.91B | $1.73B | $870.6M | — |
| Other intangibles | $628.8M | $687.5M | $694.3M | $765.9M | $816.2M | $829.3M | — | — |
| Total assets | $4.30B | $5.78B | $5.84B | $6.50B | $5.86B | $4.66B | — | — |
| Accounts payable | $121.5M | $82.5M | $85.3M | $60.6M | $83.0M | $67.8M | — | — |
| Short-term debt | $283.8M | $33.7M | $32.6M | $33.0M | $26.0M | $23.0M | — | — |
| Total current liabilities | $679.2M | $396.3M | $465.8M | $505.4M | $477.8M | $305.4M | — | — |
| Long-term debt | $2.10B | $2.85B | $2.90B | $2.71B | $2.36B | $2.10B | — | — |
| Total liabilities | $3.62B | $4.92B | $5.01B | $4.85B | $4.21B | $3.55B | — | — |
| Retained earnings | -$1.03B | -$768.4M | -$790.0M | $84.8M | $41.6M | $32.0M | — | — |
| Total equity | $685.1M | $858.6M | $828.3M | $1.65B | $1.65B | $1.11B | $289.9M | $437.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $330.5M | $244.0M | $228.6M | $197.2M | $283.8M | $84.0M | $41.4M | — |
| Depreciation and amortisation | $81.9M | $79.0M | $76.6M | $147.2M | $112.8M | $62.1M | $24.2M | — |
| Capital expenditure | $222.8M | $288.6M | $596.5M | $436.2M | $160.8M | $52.5M | $28.2M | — |
| Investing cash flow | $232.7M | $50.1M | -$451.4M | -$840.3M | -$814.9M | -$57.3M | -$482.4M | — |
| Financing cash flow | -$565.0M | -$303.9M | $170.3M | $343.4M | $885.5M | $118.6M | $446.5M | — |
| Buybacks | $0 | $0 | $50.0M | $0 | $43.0M | $0 | $0 | — |
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 0001628280-26-043634.
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