Darden Restaurants Inc financial data

Symbol
DRI on NYSE
Industry
Retail-Eating Places
Location
1000 Darden Center Drive, Orlando, Florida
State of incorporation
Florida
Fiscal year end
May 26
Latest financial report
Q1 2024 - Apr 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 41.2 % -20.5%
Quick Ratio 13.6 % -10.5%
Debt-to-equity 416 % +8.42%
Return On Equity 48.3 % +5.99%
Return On Assets 9.36 % -0.64%
Operating Margin 11.6 % +2.21%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 119M shares -1.3%
Common Stock, Shares, Outstanding 121M shares -2.26%
Entity Public Float 18B USD +0.26%
Weighted Average Number of Shares Outstanding, Basic 119M shares -1.65%
Weighted Average Number of Shares Outstanding, Diluted 120M shares -1.71%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 11.2B USD +8.53%
General and Administrative Expense 477M USD +28.5%
Costs and Expenses 9.91B USD +8.22%
Operating Income (Loss) 1.29B USD +11%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.17B USD +7.4%
Income Tax Expense (Benefit) 132M USD -4.35%
Net Income (Loss) Attributable to Parent 1.03B USD +9.08%
Earnings Per Share, Basic 8.6 USD/shares +11.5%
Earnings Per Share, Diluted 8.52 USD/shares +11.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 244M USD -11.4%
Inventory, Net 298M USD -2.52%
Assets, Current 876M USD -1.63%
Operating Lease, Right-of-Use Asset 3.49B USD +1.71%
Goodwill 1.4B USD +34.7%
Other Assets, Noncurrent 340M USD +15.5%
Assets 11.4B USD +12.7%
Accounts Payable, Current 406M USD -4.2%
Employee-related Liabilities, Current 196M USD +16.5%
Liabilities, Current 2.27B USD +16.5%
Contract with Customer, Liability, Noncurrent 5M USD +92.3%
Deferred Income Tax Liabilities, Net 241M USD +64.9%
Operating Lease, Liability, Noncurrent 3.77B USD +0.96%
Other Liabilities, Noncurrent 1.52B USD +15.3%
Liabilities 9.18B USD +14.3%
Common Stocks, Including Additional Paid in Capital 2.25B USD +1.79%
Accumulated Other Comprehensive Income (Loss), Net of Tax 29.7M USD +29600%
Retained Earnings (Accumulated Deficit) -102M USD +40%
Stockholders' Equity Attributable to Parent 2.18B USD +6.7%
Liabilities and Equity 11.4B USD +12.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Financing Activities 409M USD
Net Cash Provided by (Used in) Investing Activities -854M USD -623%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 121M shares -2.26%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -176M USD -385%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 268M USD -19.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 34.3M USD +62.6%
Deferred Tax Assets, Valuation Allowance 21.1M USD +1.44%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.57B USD +0.78%
Operating Lease, Liability 3.85B USD -2.32%
Payments to Acquire Property, Plant, and Equipment 151M USD +22.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.06B USD +12.4%
Lessee, Operating Lease, Liability, to be Paid 5.46B USD -1.52%
Operating Lease, Liability, Current 193M USD +6.76%
Lessee, Operating Lease, Liability, to be Paid, Year Two 386M USD +2.77%
Lessee, Operating Lease, Liability, to be Paid, Year One 379M USD +1.53%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -56.1M USD -116%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.61B USD +0.46%
Lessee, Operating Lease, Liability, to be Paid, Year Three 389M USD +2.34%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -69.2M USD -772%
Current Income Tax Expense (Benefit) 193M USD +17.2%
Preferred Stock, Shares Authorized 25M shares 0%
Unrecognized Tax Benefits 23M USD +3.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 392M USD +2.78%
Operating Lease, Payments 368M USD -1.87%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 25.6M USD -64.8%
Current Federal Tax Expense (Benefit) 166M USD +82.9%
Depreciation, Depletion and Amortization 437M USD +14%
Deferred Tax Assets, Net of Valuation Allowance 1.55B USD +0.77%
Share-based Payment Arrangement, Expense 72.7M USD +15%
Deferred State and Local Income Tax Expense (Benefit) 13.1M USD
Interest Expense 50.2M USD +22.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares