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Stocks / United States / DRI · Retail-Eating Places · NYSE

Darden Restaurants Inc. (DRI)

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Darden Restaurants Inc. (DRI) reported revenue of $3.7 billion for Q4 FY2026, the quarter ended 31 May 2026, up 13.7% on the same quarter a year earlier. Net income was $405 million, up 33.2% on the year, and diluted earnings per share $3.51. The figures are the company's own, from the 10-K it filed with the SEC on 24 July 2026.

Revenue$3.7 billionup 13.7%
Net income$405 millionup 33.2%
Diluted EPS$3.51
QuarterQ4 FY2026ended 31 May 2026

Ratios

From the filings

ROE54.7%
ROCE41.2%
Operating margin12.0%
Net margin9.1%
FCF marginn/a
Interest covern/a
Debt to equity0.74
Cash conversionn/a
Share count, 1 year-2.5%
Sales CAGR, 3 years8.0%
Profit CAGR, 3 years7.1%
EPS, TTM$10.38

At the close of 21 September 2026

Price$211.31
Market cap$24.1 billion
Stock P/E20.36
Price to book10.92
EV / EBITDA11.91
Dividend yield2.8%
Market cap / sales1.82
52-week high$227.68
52-week low$169.21
Price, 1 year14.4%
Price CAGR, 3 years13.8%
Price CAGR, 5 years7.0%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Darden Restaurants Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on DRI

Filings12 in twelve months: 3 current reports (8-K), about 3 results of operations; 1 charter or bylaw amendment, or fiscal year change
Planned insider sales21 Form 144 notices in twelve months, $25.0 million; latest 5 August 2026
Options tapeput/call 0.79 by open interest on 23 September 2026; the straddle prices a 7.9% move to 16 October 2026
Holders8 of the followed funds hold it; largest Geode Capital Management; 6 Schedule 13D or 13G filings in twelve months
Insider trading26 sales and 0 purchases on Form 4 in twelve months
Congress1 House trade disclosed in six months
Short interest6.7 million shares short, 7.24 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 3 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026 *
Revenue2,7312,7272,9752,9572,7572,8903,1583,2723,0453,1023,3453,719
Gross profit519513614619518564667724574581704823
Gross margin19%19%21%21%19%20%21%22%19%19%21%22%
Operating income253278387395269292418383339320406517
Operating margin9%10%13%13%10%10%13%12%11%10%12%14%
Pre-tax income223241351360232246373336294272357466
Tax rate13%12%11%14%11%12%13%10%12%13%13%12%
Net income194212313308207215323304258237307405
Net margin7%8%11%10%8%7%10%9%8%8%9%11%
Diluted EPS$1.59$1.76$2.60$2.56$1.74$1.82$2.74$2.56$2.19$2.03$2.65$3.51
Capital expenditure151162148140145169158172174201166193
Buybacks14318132.797.317214253.051.0183224127137
Dividends paid158157156156166164164164175174172172
Shares outstanding120m119m119m119m118m117m117m117m116m115m115m114m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2015FY2016FY2017 FY2018FY2019FY2020FY2021FY2022FY2023 FY2024 FY2025FY2026TTM
Revenue6,7646,9347,1708,0808,5107,8077,1969,63010,48811,39012,07713,21113,211
Gross profit1,1791,3031,3301,4931,5941,1701,4021,9021,9912,2902,4732,6822,682
Gross margin17.4%18.8%18.5%18.5%18.7%15.0%19.5%19.7%19.0%20.1%20.5%20.3%20.3%
Operating income36862267876783247.96491,1621,2021,3141,3621,5831,583
Operating margin5.4%9.0%9.4%9.5%9.8%0.6%9.0%12.1%11.5%11.5%11.3%12.0%12.0%
Interest expense18616534.415244.349.347.540.950.293.5116126n/a
Pre-tax income175450637606782-1615761,0941,1201,1761,1871,3891,389
Income tax-21.190.01551.963.7-112-55.9139137145136175175
Effective tax rate-12.0%20.0%24.3%0.3%8.1%n/a-9.7%12.7%12.2%12.3%11.5%12.6%12.6%
Net income710375479596713-52.46299539821,0281,0501,2071,207
Net margin10.5%5.4%6.7%7.4%8.4%-0.7%8.7%9.9%9.4%9.0%8.7%9.1%9.1%
Diluted EPS$5.47$2.90$3.80$4.73$5.69-$0.43$4.77$7.39$7.99$8.51$8.86$10.38$10.38
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2015FY2016FY2017 FY2018FY2019FY2020FY2021FY2022FY2023 FY2024 FY2025FY2026TTM
Capital expenditure296228293396452460255377565601645734734
Depreciation and amortisation319290273313337356351368388460516561561
Share-based compensation53.737.340.742.859.853.072.460.567.568.579.179.179.1
Buybacks50218523023520833045.41,071459454418672672
Dividends paid279268279314371322203563590628658693693
Dividend per share$2.20$2.10$2.24$2.52$3.00$2.64$1.55$4.40$4.84$5.24$5.60$6.00n/a
Diluted shares, weighted130m129m126m126m125m123m132m129m123m121m118m116m116m
Shares outstanding at period end127m126m125m124m123m130m131m124m121m119m117m114m114m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2015FY2016FY2017 FY2018FY2019FY2020FY2021FY2022FY2023 FY2024 FY2025FY2026TTM
Total assets5,9954,5835,2925,4705,8939,94610,65610,13610,24211,32312,58712,86212,862
Cash and equivalents5362752331474577631,215421368195240220220
Receivables78.064.075.983.788.349.868.272.080.279.193.8130130
Inventory164175179205207207191271288290312326326
Goodwill8728721,2021,1841,1841,0371,0371,0371,0371,3911,6591,6581,658
Long-term debt1,4674409379269289299309018851,3702,1291,6381,638
Borrowings, as the company tags them1,4784509509399399399399399391,4392,1892,1892,189
Operating lease liabilitiesn/an/an/an/a3544,2764,0883,7563,6683,7053,8173,7223,722
Finance lease liabilitiesn/an/an/an/an/a3685551,0191,1731,3571,5841,7221,722
Shareholders' equity2,3341,9522,1022,1952,3932,3312,8132,1982,2022,2422,3112,2082,208
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded6.7%12.9%8.0%9.4%
Profit growth, compounded12.4%13.9%7.1%15.0%
Return on equity, average33.4%46.8%48.6%54.7%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Retail-Eating Places

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McDonald's Corp. MCD$175.4 billion20.14n/a46.2%6.3%n/a2.9%
Chipotle Mexican Grill Inc. CMG$41.9 billion30.4064.5%14.7%7.3%0.00n/a
YUM Brands Inc. YUM$38.0 billion17.53n/a31.0%10.3%n/a2.0%
Darden Restaurants Inc. DRI$24.1 billion20.3654.7%12.0%9.4%0.742.8%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-K31 May 202624 July 2026EDGAR
10-Q22 February 202627 March 2026EDGAR
10-Q23 November 202530 December 2025EDGAR
10-Q24 August 202526 September 2025EDGAR
10-K25 May 202518 July 2025EDGAR
10-Q23 February 20251 April 2025EDGAR
10-Q24 November 20242 January 2025EDGAR
10-Q25 August 202427 September 2024EDGAR
10-K26 May 202419 July 2024EDGAR
10-Q25 February 20242 April 2024EDGAR

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