Darden Restaurants (DRI) Financial Statements

Price: $199.93
Market Cap: $23.42B
Avg Volume: 1.20M
Country: US
Industry: Restaurants
Sector: Consumer Cyclical
Beta: 1.272
52W Range: $135.87-203.47
Website: Darden Restaurants

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Darden Restaurants.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$12.00B$12.00B$9.00B$9.00B$6.00B$6.00B$3.00B$3.00B$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Operating Expenses
Operating Income
Operating Expenses & Income$1.50B$1.50B$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown May 26, 2024 May 28, 2023 May 29, 2022 May 30, 2021 May 31, 2020 May 26, 2019 May 27, 2018 May 28, 2017 May 29, 2016 May 31, 2015
Revenue $11.39B $10.49B $9.63B $7.20B $7.81B $8.51B $8.08B $7.17B $6.93B $6.76B
Cost of Revenue $8.98B $8.40B $7.63B $5.70B $6.40B $6.66B $6.33B $5.60B $5.39B $5.34B
Gross Profit $2.41B $2.08B $2.00B $1.49B $1.41B $1.85B $1.75B $1.57B $1.54B $1.42B
Gross Profit Ratio 21.16% 19.90% 20.72% 20.80% 18.04% 21.73% 21.60% 21.89% 22.23% 21.03%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $479.20M $386.10M $373.20M $396.20M $376.40M $405.50M $409.80M $387.70M $384.90M $430.20M
Selling and Marketing Expenses $144.50M $118.30M $93.20M $91.10M $238.00M $255.30M $252.30M $239.70M $238.00M $243.30M
Selling General and Administrative Expenses $623.70M $504.40M $466.40M $487.30M $614.40M $660.80M $662.10M $627.40M $622.90M $673.50M
Other Expenses $472.30M $387.80M $368.40M $350.90M $355.90M $336.70M $313.10M $272.90M $290.20M $319.30M
Operating Expenses $1.10B $892.20M $834.80M $838.20M $970.30M $997.50M $975.20M $900.30M $913.10M $992.80M
Cost and Expenses $10.08B $9.30B $8.47B $6.54B $7.37B $7.66B $7.31B $6.50B $6.31B $6.33B
Interest Income $4.50M $7.80M $1.90M $1.70M $4.90M $3.80M $800.00K $1.30M $1.10M $600.00K
Interest Expense $143.20M $61.70M $70.60M $65.20M $62.20M $54.00M $161.90M $41.50M $173.60M $192.90M
Depreciation and Amortization $459.90M $387.80M $368.40M $350.90M $355.90M $336.70M $313.10M $272.90M $290.20M $319.30M
EBITDA $1.78B $1.59B $1.54B $993.40M $257.00M $1.17B $978.40M $951.70M $771.00M $554.10M
EBITDA Ratio 15.59% 14.95% 15.85% 14.07% 15.17% 14.18% 13.45% 13.02% 13.33% 11.99%
Operating Income $1.31B $1.20B $1.16B $648.70M $828.30M $832.50M $766.80M $677.50M $622.20M $367.60M
Operating Income Ratio 11.54% 11.46% 12.07% 9.01% 10.61% 9.78% 9.49% 9.45% 8.97% 5.43%
Total Other Income Expenses Net $-138.70M $-81.30M $-68.70M $-72.20M $-599.10M $-50.20M $-161.10M $-40.20M $-172.50M $-254.40M
Income Before Tax $1.18B $1.12B $1.09B $576.50M $-161.00M $782.30M $605.70M $637.30M $449.70M $175.30M
Income Before Tax Ratio 10.32% 10.68% 11.36% 8.01% -2.06% 9.19% 7.50% 8.89% 6.49% 2.59%
Income Tax Expense $145.00M $137.00M $138.80M $-55.90M $-111.80M $63.70M $1.90M $154.80M $90.00M $-21.10M
Net Income $1.03B $981.90M $952.80M $629.30M $-49.20M $713.40M $596.00M $479.10M $375.00M $709.50M
Net Income Ratio 9.02% 9.36% 9.89% 8.75% -0.63% 8.38% 7.38% 6.68% 5.41% 10.49%
EPS $8.57 $8.06 $7.46 $4.83 $-0.40 $5.78 $4.81 $3.85 $2.94 $5.56
EPS Diluted $8.51 $7.99 $7.39 $4.77 $-0.40 $5.69 $4.73 $3.80 $2.90 $5.47
Weighted Average Shares Outstanding 119.90M 121.90M 127.80M 130.40M 122.70M 123.50M 124.00M 124.30M 127.40M 127.70M
Weighted Average Shares Outstanding Diluted 120.80M 122.90M 129.00M 131.80M 122.70M 125.40M 126.00M 126.00M 129.30M 129.70M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$12.00B$12.00B$9.00B$9.00B$6.00B$6.00B$3.00B$3.00B$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Equity$3.50B$3.50B$2.80B$2.80B$2.10B$2.10B$1.40B$1.40B$700.00M$700.00M$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown May 26, 2024 May 28, 2023 May 29, 2022 May 30, 2021 May 31, 2020 May 26, 2019 May 27, 2018 May 28, 2017 May 29, 2016 May 31, 2015
Cash and Cash Equivalents $194.80M $367.80M $420.60M $1.21B $763.30M $457.30M $146.90M $233.10M $274.80M $535.90M
Short Term Investments $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $194.80M $367.80M $420.60M $1.21B $763.30M $457.30M $146.90M $233.10M $274.80M $535.90M
Net Receivables $79.10M $80.20M $72.00M $68.20M $49.80M $88.30M $83.70M $75.90M $64.00M $78.00M
Inventory $290.50M $287.90M $270.60M $190.80M $206.90M $207.30M $205.30M $178.90M $175.40M $163.90M
Other Current Assets $258.40M $261.80M $416.20M $397.40M $81.40M $139.70M $117.70M $100.00M $306.10M $278.60M
Total Current Assets $822.80M $997.70M $1.18B $1.87B $1.10B $892.60M $553.60M $799.80M $820.30M $1.06B
Property Plant Equipment Net $7.61B $7.10B $6.82B $6.65B $6.73B $2.55B $2.43B $2.27B $2.04B $3.22B
Goodwill $1.39B $1.04B $1.04B $1.04B $1.04B $1.18B $1.18B $1.20B $872.30M $872.40M
Intangible Assets $1.24B $806.30M $806.30M $806.30M $805.90M $950.80M $950.80M $950.20M $574.60M $574.60M
Goodwill and Intangible Assets $2.63B $1.84B $1.84B $1.84B $1.84B $2.13B $2.13B $2.15B $1.45B $1.45B
Long Term Investments $- $-142.20M $- $-221.60M $-56.10M $-156.90M $-114.00M $-211.80M $- $-
Tax Assets $- $142.20M $201.10M $221.60M $56.10M $156.90M $114.00M $211.80M $- $-
Other Non-Current Assets $255.70M $301.10M $90.50M $295.70M $275.30M $313.10M $351.70M $280.20M $273.80M $275.50M
Total Non-Current Assets $10.50B $9.24B $8.96B $8.79B $8.84B $5.00B $4.92B $4.70B $3.76B $4.94B
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $11.32B $10.24B $10.14B $10.66B $9.95B $5.89B $5.47B $5.50B $4.58B $5.99B
Account Payables $399.50M $426.20M $366.90M $304.50M $249.40M $332.60M $277.00M $249.50M $241.90M $198.80M
Short Term Debt $352.70M $241.40M $230.50M $184.30M $436.30M $2.90M $- $- $- $15.00M
Tax Payables $121.70M $73.70M $96.60M $96.40M $49.60M $65.80M $56.60M $56.10M $49.10M $64.10M
Deferred Revenue $591.80M $512.00M $498.00M $474.20M $467.90M $428.50M $415.80M $388.60M $360.40M $328.60M
Other Current Liabilities $726.80M $684.10M $655.50M $788.90M $589.60M $644.30M $635.10M $595.00M $535.70M $590.20M
Total Current Liabilities $2.19B $1.94B $1.85B $1.85B $1.79B $1.47B $1.38B $1.29B $1.19B $1.20B
Long Term Debt $5.08B $4.55B $5.68B $5.57B $5.57B $927.70M $926.50M $936.60M $564.00M $1.50B
Deferred Revenue Non-Current $- $2.70M $201.10M $2.20M $- $-323.50M $318.00M $282.80M $249.70M $225.90M
Deferred Tax Liabilities Non-Current $- $142.20M $201.10M $221.60M $56.10M $156.90M $114.00M $357.50M $255.20M $341.80M
Other Non-Current Liabilities $1.81B $1.55B $414.70M $421.10M $248.60M $1.10B $963.80M $1.18B $374.60M $392.40M
Total Non-Current Liabilities $6.89B $6.10B $6.09B $5.99B $5.82B $2.03B $1.89B $2.11B $1.44B $2.46B
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $9.08B $8.04B $7.94B $7.84B $7.61B $3.50B $3.27B $3.40B $2.63B $3.66B
Preferred Stock $- $- $- $- $- $- $- $- $- $-
Common Stock $2.25B $2.23B $2.23B $2.29B $2.21B $1.69B $1.63B $1.61B $1.50B $1.41B
Retained Earnings $-35.50M $-32.50M $-25.90M $522.30M $143.50M $806.60M $657.60M $560.10M $547.50M $1.03B
Accumulated Other Comprehensive Income Loss $25.60M $3.20M $-1.90M $4.20M $-17.60M $-98.20M $-85.20M $-62.90M $-87.00M $-86.60M
Other Total Stockholders Equity $- $- $- $- $- $-800.00K $-9.50M $-10.10M $-11.10M $-11.80M
Total Stockholders Equity $2.24B $2.20B $2.20B $2.81B $2.33B $2.39B $2.19B $2.10B $1.95B $2.33B
Total Equity $2.24B $2.20B $2.20B $2.81B $2.33B $2.39B $2.19B $2.10B $1.95B $2.33B
Total Liabilities and Stockholders Equity $11.32B $10.24B $10.14B $10.66B $9.95B $5.89B $5.47B $5.50B $4.58B $5.99B
Minority Interest $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $11.32B $10.24B $10.14B $10.66B $9.95B $5.89B $5.47B $5.50B $4.58B $5.99B
Total Investments $916.00M $-142.20M $- $-221.60M $-56.10M $-156.90M $-114.00M $-211.80M $- $-
Total Debt $5.43B $4.55B $4.86B $5.02B $5.48B $927.70M $926.50M $936.60M $440.00M $1.47B
Net Debt $5.23B $4.18B $4.44B $3.80B $4.71B $470.40M $779.60M $703.50M $165.20M $931.40M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$3.00B$3.00B$2.00B$2.00B$1.00B$1.00B$0.00$0.00-$1.00B-$1.00B-$2.00B-$2.00B201620162017201720182018201920192020202020212021202220222023202320242024
Financing Cash Flow$500.00M$500.00M$0.00$0.00-$500.00M-$500.00M-$1.00B-$1.00B-$1.50B-$1.50B-$2.00B-$2.00B201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown May 26, 2024 May 28, 2023 May 29, 2022 May 30, 2021 May 31, 2020 May 26, 2019 May 27, 2018 May 28, 2017 May 29, 2016 May 31, 2015
Net Income $1.03B $983.50M $954.70M $632.40M $-49.20M $718.60M $603.80M $482.50M $359.70M $196.40M
Depreciation and Amortization $459.90M $387.80M $368.40M $350.90M $355.90M $336.70M $313.10M $272.90M $290.20M $319.30M
Deferred Income Tax $-3.20M $-133.40M $-23.70M $169.20M $-133.60M $47.50M $-20.60M $-22.90M $-10.80M $42.00M
Stock Based Compensation $68.50M $67.50M $60.50M $72.40M $53.00M $59.80M $42.80M $40.70M $37.30M $53.70M
Change in Working Capital $72.00M $124.60M $-117.00M $131.20M $-178.00M $154.70M $-42.10M $122.10M $133.20M $304.90M
Accounts Receivables $9.30M $-65.30M $-3.90M $326.10M $-191.10M $2.10M $-7.20M $-6.50M $14.00M $7.80M
Inventory $5.60M $-17.30M $-79.80M $16.10M $-13.90M $-2.10M $-26.60M $5.00M $-11.80M $64.50M
Accounts Payables $-11.30M $40.90M $43.20M $48.90M $-68.50M $55.00M $12.60M $-9.00M $45.60M $-20.90M
Other Working Capital $68.40M $166.30M $-76.50M $-259.90M $95.50M $99.70M $-20.90M $132.60M $85.40M $253.50M
Other Non Cash Items $-6.00M $115.60M $13.20M $-162.10M $663.20M $-57.90M $104.30M $4.60M $-31.60M $1.94B
Net Cash Provided by Operating Activities $1.62B $1.55B $1.26B $1.19B $711.30M $1.26B $1.00B $899.90M $778.00M $2.86B
Investments in Property Plant and Equipment $-601.20M $-593.80M $-399.10M $-269.10M $-494.00M $-475.80M $-414.00M $-315.50M $-228.30M $-296.50M
Acquisitions Net $-701.10M $25.40M $10.10M $5.40M $-55.80M $13.20M $-40.40M $-764.40M $325.20M $-
Purchases of Investments $- $- $- $- $- $- $- $-900.00K $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $3.70M $1.80M $9.70M
Other Investing Activities $-22.30M $-6.70M $-5.10M $1.70M $5.80M $-8.30M $3.50M $6.30M $308.20M $-351.60M
Net Cash Used for Investing Activities $-1.32B $-568.40M $-389.00M $-263.70M $-544.00M $-462.60M $-450.90M $-1.07B $81.70M $-638.40M
Debt Repayment $566.90M $-19.80M $-12.90M $-277.10M $264.80M $34.70M $-113.60M $501.80M $-1.10B $-1.18B
Common Stock Issued $43.60M $35.40M $40.20M $46.20M $525.90M $59.30M $37.80M $113.10M $99.30M $159.70M
Common Stock Repurchased $-453.90M $-458.70M $-1.07B $-45.40M $-330.30M $-207.50M $-234.80M $-230.20M $-184.80M $-502.30M
Dividends Paid $-628.40M $-589.80M $-563.00M $-202.60M $-322.30M $-370.80M $-313.50M $-279.10M $-268.20M $-278.90M
Other Financing Activities $-11.60M $-200.00K $-2.70M $- $600.00K $100.00K $-12.50M $23.60M $333.10M $19.60M
Net Cash Used Provided by Financing Activities $-483.40M $-1.03B $-1.61B $-478.90M $138.70M $-486.40M $-636.60M $129.20M $-1.12B $-1.78B
Effect of Forex Changes on Cash $- $-7.20M $- $- $- $- $- $- $- $-
Net Change in Cash $-196.10M $-55.90M $-742.60M $451.40M $306.00M $310.40M $-86.20M $-41.70M $-261.10M $437.60M
Cash at End of Period $220.10M $416.20M $472.10M $1.21B $763.30M $457.30M $146.90M $233.10M $274.80M $535.90M
Cash at Beginning of Period $416.20M $472.10M $1.21B $763.30M $457.30M $146.90M $233.10M $274.80M $535.90M $98.30M
Operating Cash Flow $1.62B $1.55B $1.26B $1.19B $711.30M $1.26B $1.00B $899.90M $778.00M $2.86B
Capital Expenditure $-628.30M $-593.80M $-399.10M $-269.10M $-494.00M $-475.80M $-414.00M $-315.50M $-228.30M $-296.50M
Free Cash Flow $993.40M $951.80M $857.00M $924.90M $217.30M $783.60M $587.30M $584.40M $549.70M $2.56B