Darden Restaurants, Inc. (DRI) Stock Analysis
Consumer Cyclical · Restaurants · NYSE
Darden Restaurants, Inc. (DRI) posted $13.21B in revenue for fiscal 2026 (up 9.4% year over year), at a 9.1% net margin, and has compounded revenue about 12.9%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Darden Restaurants, Inc.
Darden Restaurants, Inc. has grown revenue from $7.17B to $13.21B over the last 10 fiscal years, compounding about 12.9% a year. The most recent year was up 9.4%, so growth has cooled from its longer-run pace.
Net margin sits at 9.1%, up 0.4 points year over year on a 20.3% gross margin. It carries about $1.64B of total debt.
At today's valuation the market is pricing in roughly 8.3% annual free-cash-flow growth — versus the 3.6% it actually delivered over the last five years, so the price already assumes a step-up from the recent record. The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Darden Restaurants, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Darden Restaurants, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.17B | $8.08B | $8.51B | $7.81B | $7.20B | $9.63B | $10.49B | $11.39B | $12.08B | $13.21B |
| Gross profit | $1.33B | $1.49B | $1.59B | $1.17B | $1.40B | $1.90B | $1.99B | $2.29B | $2.47B | $2.68B |
| Net income | $479.10M | $596.00M | $713.40M | $-52.40M | $629.30M | $952.80M | $981.90M | $1.03B | $1.05B | $1.21B |
| Net margin | 6.7% | 7.4% | 8.4% | -0.7% | 8.7% | 9.9% | 9.4% | 9.0% | 8.7% | 9.1% |
Source: Darden Restaurants, Inc. SEC filings (10-K). 19 years of history available in the interactive view.
Darden Restaurants, Inc.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 38.5% while revenue rose 9.4% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
What growth is priced into DRI stock?
At today's market cap of $23.32B, Darden Restaurants, Inc. is priced for free-cash-flow growth of about 8.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.12B from the FY ending 2026-05-31). For comparison, free cash flow actually grew 3.6%/yr over the last five fiscal years and revenue 12.9%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of Darden Restaurants, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Darden Restaurants, Inc. financial history by metric
Compare Darden Restaurants, Inc. with peers
About Darden Restaurants, Inc.
Darden Restaurants, Inc., together with its subsidiaries, owns and operates full-service restaurants in the United States and Canada. The company operates under Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Chuy's, Yard House, Ruth's Chris Steak House, The Capital Grille, Seasons 52, Eddie V's Prime Seafood, Bahama Breeze, The Capital Burger, Darden and Darden Restaurants brand names. Darden Restaurants, Inc. was founded in 1938 and is based in Orlando, Florida.
Darden Restaurants, Inc. — frequently asked questions
What is Darden Restaurants, Inc.'s revenue?
Darden Restaurants, Inc. (DRI) reported revenue of $13.21B for fiscal year 2026, up 9.4% from the prior year, according to its SEC filings.
Is Darden Restaurants, Inc. profitable?
Yes. DRI earned net income of $1.21B in fiscal 2026, a net margin of 9.1%.
What is DRI's P/E ratio?
Darden Restaurants, Inc. trades at a price-to-earnings ratio of about 19.5 based on the latest data in our nightly-refreshed cache.
How fast is Darden Restaurants, Inc. growing?
DRI's revenue grew at roughly 12.9% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Darden Restaurants, Inc. have?
As of fiscal year 2026, DRI carried roughly $1.64B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Darden Restaurants, Inc.'s gross margin?
DRI's gross margin was 20.3% in fiscal 2026 — gross profit of $2.68B on revenue of $13.21B.
What is Darden Restaurants, Inc.'s market cap?
Darden Restaurants, Inc. (DRI) has a market capitalization of about $23.32B, based on the latest data in our nightly-refreshed cache.
When does Darden Restaurants, Inc.'s fiscal year end?
DRI's fiscal year ends in May. Its most recent annual filing covers the fiscal year ending 2026-05-31.
What growth is priced into DRI stock?
At today's market cap of $23.32B, Darden Restaurants, Inc. is priced for free-cash-flow growth of about 8.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.12B from the FY ending 2026-05-31). For comparison, free cash flow actually grew 3.6%/yr over the last five fiscal years and revenue 12.9%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Darden Restaurants, Inc.'s official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.