DRI Financials Darden Restaurants

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 55 d ago Overview →

Growth & profitability

Revenue has grown 12.9% per year over the past 5 years.
Net income has grown faster than revenue (13.9% vs 12.9% per year).
Operating margin has expanded, at 12.0% in the latest year.
Free cash flow has grown 3.6% per year over the past 5 years.

Financial health

Total debt ($1.6B) exceeds cash ($220M); net debt is $1.4B.
Total debt has grown in line with revenue (12.0% vs 12.9% per year).
Operating income covered interest expense 13× in the latest year.
Total debt is 0.8× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 57.4% of earnings and 61.9% of free cash flow.
The dividend has grown 27.9% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$13.2B	$1.2B	20.3%	12.0%	54.7%	9.4%	$1.1B	$1.6B	$220M
2025	$12.1B	$1.0B	20.5%	11.3%	45.4%	8.3%	$1.1B	$2.1B	$240M
2024	$11.4B	$1.0B	20.1%	11.5%	45.8%	9.1%	$1.0B	$1.5B	$195M
2023	$10.5B	$982M	19.0%	11.5%	44.6%	9.6%	$988M	$885M	$368M
2022	$9.6B	$953M	19.7%	12.1%	43.3%	9.4%	$888M	$901M	$421M
2021	$7.2B	$629M	19.5%	9.0%	22.4%	5.9%	$939M	$930M	$1.2B
2020	$7.8B	-$52M	15.0%	0.6%	-2.2%	-0.5%	$258M	$1.2B	$763M
2019	$8.5B	$713M	18.7%	9.8%	29.8%	12.1%	$816M	$928M	$457M
2018	$8.1B	$596M	18.5%	9.5%	27.2%	10.9%	$624M	$927M	$147M
2017	$7.2B	$479M	18.5%	9.4%	22.8%	9.1%	$623M	$937M	$233M
2016	$6.9B	$375M	18.8%	9.0%	19.2%	8.2%	$592M	$440M	$275M
2015	—	$710M	—	—	30.4%	11.8%	$578M	$1.5B	$536M
2014	—	$286M	—	—	13.3%	4.0%	$141M	$2.7B	$98M
2013	—	$412M	—	—	20.0%	5.9%	$84M	$2.7B	$88M
2012	—	$476M	—	—	25.8%	8.0%	$56M	$2.1B	$71M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
May '26	$3.7B	$405M	22.1%	13.9%	18.3%	3.1%	$379M	$1.6B	$220M
Feb '26	$3.3B	$307M	21.0%	12.1%	14.6%	2.4%	$452M	$2.4B	$240M
Nov '25	$3.1B	$237M	18.7%	10.3%	11.4%	1.8%	$120M	$2.6B	$224M
Aug '25	$3.0B	$258M	18.9%	11.1%	11.6%	2.0%	$168M	$2.3B	$211M
May '25	$3.3B	$304M	21.6%	11.7%	13.1%	2.4%	$285M	$2.1B	$240M
Feb '25	$3.2B	$323M	21.3%	13.2%	14.7%	2.6%	$430M	$2.2B	$224M
Nov '24	$2.9B	$215M	19.7%	10.1%	10.4%	1.7%	$219M	$2.4B	$217M
Aug '24	$2.8B	$207M	19.0%	9.8%	9.7%	1.6%	$128M	$1.7B	$193M
May '24	$3.0B	$308M	21.8%	13.4%	13.7%	2.7%	$286M	$1.5B	$195M
Feb '24	$3.0B	$313M	20.6%	13.0%	14.3%	2.8%	$437M	$1.5B	$244M
Nov '23	$2.7B	$212M	18.8%	10.2%	10.4%	1.9%	$179M	$1.7B	$196M
Aug '23	$2.7B	$195M	19.0%	9.3%	9.1%	1.7%	$118M	$1.6B	$192M
May '23	$2.8B	$315M	20.7%	13.5%	14.3%	3.1%	$258M	$885M	$368M
Feb '23	$2.8B	$287M	20.0%	12.6%	14.0%	2.8%	$375M	$881M	$275M
Nov '22	$2.5B	$187M	16.6%	9.4%	9.3%	1.9%	$50M	$944M	$241M
Aug '22	$2.4B	$193M	17.3%	10.0%	9.4%	1.9%	$305M	$895M	$378M
May '22	$2.6B	$282M	19.9%	13.0%	12.8%	2.8%	$247M	$901M	$421M
Feb '22	$2.4B	$247M	19.4%	12.3%	10.8%	2.4%	$333M	$916M	$555M
Nov '21	$2.3B	$193M	18.8%	10.7%	7.6%	1.9%	$211M	$929M	$746M
Aug '21	$2.3B	$231M	20.9%	12.2%	8.4%	2.2%	$98M	$937M	$948M

Valuation over time

How the market has priced DRI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 18.6× (Mar '23) to 20.6× (Sep '26).
The price-to-sales ratio has risen from 1.8× (Mar '23) to 1.9× (Sep '26).
The dividend yield has fallen from 3.2% (Mar '23) to 2.8% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is DRI growing its revenue and profit?

Over the past 5 years, Darden Restaurants's revenue has grown 12.9% per year, and net income grown 13.9% per year. These are computed facts, not advice.

How much debt does DRI have?

As of FY2026, Darden Restaurants reported $1.6B of total debt against $220M of cash; operating income covered interest expense 13×.

What is DRI's profit margin?

In FY2026, gross margin was 20.3%, operating margin 12.0%, and net margin 9.1%.

What is DRI's P/E ratio?

As of Sep '26, Darden Restaurants traded at a price-to-earnings ratio of about 20.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.