15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 9.1% per year over the past 5 years.
Operating margin has expanded, at 11.3% in the latest year.
Free cash flow has grown 32.8% per year over the past 5 years.
Financial health
Total debt ($2.1B) exceeds cash ($240M); net debt is $1.9B.
Total debt has grown faster than revenue (12.2% vs 9.1% per year).
Operating income covered interest expense 12× in the latest year.
Total debt is 1.1× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 62.7% of earnings and 62.0% of free cash flow.
The dividend has grown 15.4% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
2025
$12.1B
$1.0B
20.5%
11.3%
$1.1B
$2.1B
$240M
2024
$11.4B
$1.0B
20.1%
11.5%
$1.0B
$1.5B
$195M
2023
$10.5B
$982M
19.0%
11.5%
$988M
$885M
$368M
2022
$9.6B
$953M
19.7%
12.1%
$888M
$901M
$421M
2021
$7.2B
$629M
19.5%
9.0%
$939M
$930M
$1.2B
2020
$7.8B
-$52M
15.0%
0.6%
$258M
$1.2B
$763M
2019
$8.5B
$713M
18.7%
9.8%
$816M
$928M
$457M
2018
$8.1B
$596M
18.5%
9.5%
$624M
$927M
$147M
2017
$7.2B
$479M
18.5%
9.4%
$623M
$937M
$233M
2016
$6.9B
$375M
18.8%
9.0%
$592M
$440M
$275M
2015
—
$710M
—
—
$578M
$1.5B
$536M
2014
—
$286M
—
—
$141M
$2.7B
$98M
2013
—
$412M
—
—
$84M
$2.7B
$88M
2012
—
$476M
—
—
$56M
$2.1B
$71M
2011
—
$476M
—
—
$347M
$1.6B
$71M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Feb '26
$3.3B
$307M
21.0%
12.1%
$452M
$2.4B
$240M
Nov '25
$3.1B
$237M
18.7%
10.3%
$120M
$2.6B
$224M
Aug '25
$3.0B
$258M
18.9%
11.1%
$168M
$2.3B
$211M
May '25
$3.3B
$304M
22.1%
11.7%
$285M
$2.1B
$240M
Feb '25
$3.2B
$323M
21.3%
13.2%
$430M
$2.2B
$224M
Nov '24
$2.9B
$215M
19.7%
10.1%
$219M
$2.4B
$217M
Aug '24
$2.8B
$207M
19.0%
9.8%
$128M
$1.7B
$193M
May '24
$3.0B
$308M
21.8%
13.4%
$286M
$1.5B
$195M
Feb '24
$3.0B
$313M
20.6%
13.0%
$437M
$1.5B
$244M
Nov '23
$2.7B
$212M
18.8%
10.2%
$179M
$1.7B
$196M
Aug '23
$2.7B
$195M
19.0%
9.3%
$118M
$1.6B
$192M
May '23
$2.8B
$315M
20.7%
13.5%
$258M
$885M
$368M
Feb '23
$2.8B
$287M
20.0%
12.6%
$375M
$881M
$275M
Nov '22
$2.5B
$187M
16.6%
9.4%
$50M
$944M
$241M
Aug '22
$2.4B
$193M
17.3%
10.0%
$305M
$895M
$378M
May '22
$2.6B
$282M
19.9%
13.0%
$247M
$901M
$421M
Feb '22
$2.4B
$247M
19.4%
12.3%
$333M
$916M
$555M
Nov '21
$2.3B
$193M
18.8%
10.7%
$211M
$929M
$746M
Aug '21
$2.3B
$231M
20.9%
12.2%
$98M
$937M
$948M
May '21
$2.3B
$369M
22.6%
14.2%
$370M
$930M
$1.2B
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 18.7× (Mar '23) to 23.2× (Jun '26).
The price-to-sales ratio has risen from 1.8× (Mar '23) to 2.0× (Jun '26).
The dividend yield has fallen from 3.2% (Mar '23) to 2.7% (Jun '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 9.1% per year. These are computed facts, not advice.
How much debt does DRI have?
As of FY2025, Darden Restaurants reported $2.1B of total debt against $240M of cash; operating income covered interest expense 12×.
What is DRI's profit margin?
In FY2025, gross margin was 20.5%, operating margin 11.3%, and net margin 8.7%.
What is DRI's P/E ratio?
As of Jun '26, Darden Restaurants traded at a price-to-earnings ratio of about 23.2× (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.