TORVANTA
Consumer Discretionary · S&P 500 · data as of 2026-10-05

DRI stock analysis: Darden

Darden (DRI) is an S&P 500 company in Restaurants.

The model's view of DRI · subscribers

Where DRI ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with DRI · updated 2026-10-05 · from prices and SEC filings

DRI price performance

DRI against the S&P 500, one year
-10%+0%+10%+20%S&P 500 +18%DRI +7%2025-09-292026-10-05
Year to date+11.1%S&P 500 +14.5% · behind by 3.5 pts
1 year+6.7%S&P 500 +17.0% · behind by 10.4 pts
3 years+56.1%S&P 500 +89.3% · behind by 33.1 pts
5 years+50.3%S&P 500 +91.3% · behind by 41.0 pts

Total returns with dividends reinvested.

DRI factor grades

Each grade compares DRI with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

CValueP/E 19.2x (industry 19.1x)FCF yield 1.9% (industry 4.3%)
BGrowthRevenue growth +9% (industry +7%)EPS growth +17% (industry +4%)
CProfitabilityOperating margin 12.0% (industry 17.1%)ROIC 32.0% (industry 51.1%)
B+Momentum12-month change +7%From 52-wk high -12%

DRI in plain numbers

DRI key statistics

SectorConsumer Discretionary
IndustryRestaurants
IndexS&P 500
Market value$22.8B
Revenue growth (y/y)+9%
Free-cash-flow yield1.9%
Dividend yield3.1%
Next earnings (expected)2026-12-17
Valuation measures
Market value$22.8B
Enterprise value$24.9B
P/E (trailing)19.2x
Forward P/E (Torvanta estimate)18.0x
PEG (Torvanta estimate)2.73
Price / sales1.7x
Price / book10.3x
EV / revenue1.9x
EV / EBITDA11.6x
Financial highlights
Revenue, last 12 months$13.2B
Net income, last 12 months$1.2B
EPS, last 12 months (GAAP)$10.38
Gross margin20.3%
Operating margin12.0%
Net margin9.1%
Return on equity53.4%
Return on invested capital32.0%
Cash$219.5M
Total debt$2.3B
Debt / equity1.06x
Current ratio0.31x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

DRI earnings trends

Revenue vs earnings
$0$929.7M$1.9B$2.8B$3.7BAug 2024 Revenue: $2.8BNov 2024 Revenue: $2.9BFeb 2025 Revenue: $3.2BMay 2025 Revenue: $3.3BAug 2025 Revenue: $3.0BNov 2025 Revenue: $3.1BFeb 2026 Revenue: $3.3BMay 2026 Revenue: $3.7BAug 2024 Net income: $207.2MNov 2024 Net income: $215.1MFeb 2025 Net income: $323.4MMay 2025 Net income: $303.8MAug 2025 Net income: $257.8MNov 2025 Net income: $237.2MFeb 2026 Net income: $306.8MMay 2026 Net income: $404.9MAug 2024Nov 2024Feb 2025May 2025Aug 2025Nov 2025Feb 2026May 2026Net margin: 7.5%Net margin: 7.4%Net margin: 10.2%Net margin: 9.3%Net margin: 8.5%Net margin: 7.6%Net margin: 9.2%Net margin: 10.9%0%5%11%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.9$1.8$2.6$3.5Aug 2024 EPS (GAAP, diluted): $1.7Nov 2024 EPS (GAAP, diluted): $1.8Feb 2025 EPS (GAAP, diluted): $2.7May 2025 EPS (GAAP, diluted): $2.6Aug 2025 EPS (GAAP, diluted): $2.2Nov 2025 EPS (GAAP, diluted): $2.0Feb 2026 EPS (GAAP, diluted): $2.7May 2026 EPS (GAAP, diluted): $3.5Aug 2024Nov 2024Feb 2025May 2025Aug 2025Nov 2025Feb 2026May 2026■ EPS (GAAP, diluted) Change from a year earlier: Aug 2025 +26% · Nov 2025 +12% · Feb 2026 -3% · May 2026 +37%

From the company's 10-Q and 10-K filings with the SEC.

Darden financials (from SEC filings)

Fiscal yearFY2022FY2023FY2024FY2025FY2026
Revenue$9.6B$10.5B$11.4B$12.1B$13.2B
Net income$1.0B$1.0B$1.0B$1.0B$1.2B
EPS (GAAP)$7.39$8.00$8.51$8.87$10.38

DRI earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-06-25$3.51+37%+14%+0.7%
2026-03-19$2.65-3%+6%+2.8%
2025-12-18$2.03+12%+7%-1.5%
2025-09-18$2.19+26%+10%-12.5%
2025-06-20$2.57+0%+11%-1.4%
2025-03-20$2.74+5%+6%+6.5%

About Darden

HeadquartersOrlando, FL
Industry (SEC code)Retail-Eating Places
Fiscal year endsMay 30
Incorporated inFL
Listed onNYSE

From the company's SEC registration record.

Companies similar to DRI

CompanyMarket valueP/ERevenue growthOperating margin12-month change
DRI Darden$22.8B19.2x+9%12.0%+7%
YUM Yum Brands$37.4B17.2x+10%31.0%-7%compare
CMG Chipotle$39.0B28.3x+7%14.7%-26%compare
DPZ Dominos Pizza$9.8B16.9x+5%19.5%-29%compare
SBUX Starbucks$107.7B54.3x+4%7.8%+12%
MCD McDonalds$164.9B18.9x+6%46.2%-21%

All Consumer Discretionary stock ratings

Frequently asked questions

Is DRI stock a buy?

Torvanta does not tell individuals what to buy. Its grades for DRI are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is DRI's P/E ratio?

DRI trades at about 19.2 times its last 12 months of GAAP earnings reported to the SEC, and about 18.0 times Torvanta's own estimate of the next 12 months.

When does DRI report earnings next?

Based on its filing history, Torvanta expects Darden to report around 2026-12-17.

Does DRI pay a dividend?

Yes. Its dividend yield is about 3.1%, and it has raised its dividend 5 years in a row.

How has DRI performed against the S&P 500?

Over the past year DRI returned +6.7%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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