Dutch Bros Inc.

BROS Consumer Cyclical Restaurants

Dutch Bros Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 27.9% from fiscal 2024.

Revenue
+29.8%
EPS
+42.9%
Free cash flow
+429.1%
Total debt
−99.2%

Quarter to September 2026, against a year earlier

34.91 9.08 −20.64%
Market cap
$6.0B
P/E
44.8×
Fwd P/E
51.6×
Dividend yield
—
F-score
5/9
Altman Z
2.99
Beneish M
−2.09
Dividend safety
70/100

Dutch Bros Inc. (BROS) Net margin

Alert me on Net margin

Dutch Bros Inc.'s net margin over the twelve months to 30 September 2026 was 5.08%, up 0.2 percentage points from fiscal 2025 (4.87%). Over the past ten years it has ranged from −2.55% (fiscal 2021) to 11.9% (fiscal 2019); the current reading is higher than 86% of that period. That is above the Restaurants industry median of 1.83% and above the Consumer Cyclical sector median of 2.12%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 4.87% 2.12
FY2024 2.75% 2.57
FY2023 0.18% 0.82
FY2022 −0.64% 1.91
FY2021 −2.55% (4.30)
FY2020 1.75% (10.16)
FY2019 11.9% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 4.94% (1.85)
Jun 2026 6.79% 3.32
Mar 2026 3.47% (1.35)
Dec 2025 4.82% 0.69
21 more quarters

Against its own ten years

Low −2.55% High 11.9%
Ten-year median 1.75%
Current reading's percentile 100

Net margin against peers

Company Net margin
WING Wingstop Inc. compare 16.0%
DPZ Domino's Pizza Inc compare 12.0%
EAT Brinker International, Inc. compare 8.44%
YUMC Yum China compare 7.90%
TXRH Texas Roadhouse, Inc. compare 6.63%
CAKE The Cheesecake Factory Incorporated compare 5.20%
BROS Dutch Bros Inc. 5.08%
CAVA CAVA Group, Inc. compare 4.50%
JMKE Jersey Mike�s Subs Inc. compare 0.00%
Restaurants industry median 1.83%
Consumer Cyclical sector median 2.12%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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