Darden Restaurants IncDarden Restaurants Inc
Darden Restaurants Inc

Darden Restaurants Inc

DRI
Consumer Discretionary·Hotels, Restaurants & Leisure

Darden Restaurants, Inc. is a full-service restaurant company, which engages in the provision of restaurant services. It operates through the following segments: Olive Garden, LongHorn Steakhouse, Fine Dining, and Other Business. The Olive Garden segment is the largest full-service dining Italian restaurant operator. The LongHorn Steakhouse segment includes the results of the company-owned LongHorn Steakhouse restaurants. The Fine Dining segment consists of the premium brands that operate within the fine-dining sub-segment of full-service dining and includes the results of its company-owned The Capital Grille and Eddie V's restaurants. The Other Business segment aggregates the remaining brands and includes the results of its company-owned Cheddar's Scratch Kitchen, Yard House, Seasons 52 and Bahama Breeze restaurants, and from franchises and consumer-packaged goods sales. The company was founded by William B. Darden in 1938 and is headquartered in Orlando, FL.

Florida; U.S.A
Market cap
$22.7BNo data
Revenue
$13.2B+9.4% YoY
Net income
$1.2B+15.0% YoY
Free cash flow
$-95.4M+14.2% YoY

Market

Listed stock
DRIPriceNYSE
Loading…Loading…1Y

Financial performance

Revenue
$13.2B+9.4% YoY
Operating income
$1.6B+16.2% YoY
Net income
$1.2B+15.0% YoY
Free cash flow
$-95.4M+14.2% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2022 $9.6B, 2023 $10.5B, 2024 $11.4B, 2025 $12.1B, 2026 $13.2B. Operating income: 2022 $1.2B, 2023 $1.2B, 2024 $1.3B, 2025 $1.4B, 2026 $1.6B. Net income: 2022 $952.8M, 2023 $981.9M, 2024 $1B, 2025 $1B, 2026 $1.2B. Free cash flow: 2022 $-88.3M, 2023 $-363.6M, 2024 $-204.2M, 2025 $-111.2M, 2026 $-95.4M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
9.4%+336 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2022-05-29 $1.2B, 2023-05-28 $1.2B, 2024-05-26 $1.3B, 2025-05-25 $1.4B, 2026-05-31 $1.6B. Net income: 2022-05-29 $952.8M, 2023-05-28 $981.9M, 2024-05-26 $1B, 2025-05-25 $1B, 2026-05-31 $1.2B. Free cash flow: 2022-05-29 $-88.3M, 2023-05-28 $-363.6M, 2024-05-26 $-204.2M, 2025-05-25 $-111.2M, 2026-05-31 $-95.4M

Growth heatmap

2023202420252026CAGR
Revenue
+8.9%
+8.6%
+6.0%
+9.4%
+8.2%
Gross profit
+3.3%
+15.3%
+9.1%
+8.5%
+9.0%
Operating income
+3.4%
+9.4%
+3.7%
+16.2%
+8.0%
Free cash flow
-311.8%
+43.8%
+45.5%
+14.2%
No data

Earnings quality

Operating cash flow
$638.6M+19.7% YoY
Net income
$1.2B+15.0% YoY
Free cash flow
$-95.4M+14.2% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2026-05-31 53%, 2025-05-25 51%, 2024-05-26 39%, 2023-05-28 21%, 2022-05-29 30%. Free cash flow: 2026-05-31 -8%, 2025-05-25 -11%, 2024-05-26 -20%, 2023-05-28 -37%, 2022-05-29 -9%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
No data
Diluted shares
Latest
No data

Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
No data
No data
Price to sales
No data
No data
No data
No data
EV / EBITDA
No data
No data
No data
No data
Free cash flow yield
No data
No data
No data
No data