DRIDarden Restaurants

$226.34+29% 1Y

The business

How DRI's business earns

Darden Restaurants earns 28% on the capital it employs against an estimated 9.0% cost of capital.

28%

Return on invested capital · cost of capital 9.0% · 19 points above the estimated cost of capital

Operating margin
12%

Operating margin · Restaurants median 7.7% · 12 months to Aug 30, 2026

Cash conversion
1.31×

Cash conversion · 1.41× a year ago · operating cash flow divided by operating profit after tax

Share count, year on year
−2.7%

Share count, year on year · fewer shares than a year ago

Operating margin by fiscal year
Operating margin by fiscal year
YearOperating margin
FY20219.0%
FY202212%
FY202311%
FY202412%
FY202511%
FY202612%
Details›
Gross margin12 months to Aug 30, 2026
20%
Operating margin12 months to Aug 30, 2026
12%
Net margin12 months to Aug 30, 2026
8.8%
Free cash flow margin
7.9%
Revenue, trailing twelve months
$13.4B
Free cash flow, trailing twelve months
$1.05B
Net income, trailing twelve months
$1.18B
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
28%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.

On the leaderboards#18highest return on capital employed36%
Darden Restaurants (DRI) Margins and Return on Capital · Ryufin