Saturday 17 October 2026 Export BROS’s income statement to Excel — free account

Dutch Bros Inc.

Dutch Bros Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 27.9% from fiscal 2024. In the quarter to June 2026, revenue grew 32.5%, EPS grew 40.0%, free cash flow grew 12.0% and total debt fell 65.8%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

41.06 0.04 −0.10%

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Market cap: $7.2B
P/E: 57.0×
Fwd P/E: 65.2×
Dividend yield: —
F-score: 5/9
Altman Z: 2.99
Beneish M: −2.09
Dividend safety: 70/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.21

Total sells 633.18

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	1	—	—	1	—	—
Sell	3	—	—	—	—	—	6	4	—	—	—	—

Insider Ownership 4.45%

Capital & Financial Ratios $m

Market Cap 7,180.00

Revenue 1,882.46

Net Income 131.71

Free Cash Flow 95.12

Net Debt (70.14)

Current Ratio 1.35

Debt/Equity 0.20

P/E ratio 57.03

Fwd P/E 65.20

P/S ratio 2.93

P/B ratio 5.66

Past 5Y EPS Growth 42.22%

This Y EPS Growth 26.18%

Next Y EPS Growth 32.78%

Next Y revenue growth 30.15%

Next 5Y EPS Growth 28.65%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 2.75%

10-year low 10-year high

P/S against its own 10 years 38.26%

10-year low 10-year high

P/B against its own 10 years 24.31%

10-year low 10-year high

EV/Sales against its own 10 years 28.01%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	134	293	269	269
Receivables	9	11	18	19
Inventory	47	36	49	41
Other	—	—	—	—
	205	358	357	352

	2023	2024	2025	Q'26
Payables	30	32	38	44
ST’ Debt	4	17	4	4
Other	6	83	99	123
	138	203	240	261

Compound Annual Growth %

	10y	5y	3y
Sales	—	37.99%	30.39%
Cash Flow	—	40.73%	70.26%
Earnings	—	69.39%	0.00%
Book Value	—	0.00%	52.74%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	464	551	—	—	—
’25	355	416	424	444	1,638
’24	275	325	338	343	1,281
’23	197	250	265	254	966
’22	152	186	199	202	739
’21	99	129	130	140	498
’20	—	—	87	90	327

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	85	112	—	—	—
’25	37	90	89	80	296
’24	41	60	83	62	246
’23	3	43	49	45	140
’22	(1)	17	26	17	60
’21	15	41	16	8	80
’20	—	21	22	11	54

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	28	40	—	—	—
’25	(9)	36	19	9	54
’24	(16)	4	27	20	34
’23	(40)	(16)	(16)	(15)	(87)
’22	(41)	(25)	(25)	(36)	(127)
’21	8	14	(21)	(36)	(35)
’20	—	6	11	(9)	13

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.13	0.28	—	—	—
’25	0.13	0.20	0.14	0.17	0.64
’24	0.08	0.12	0.11	0.03	0.34
’23	(0.07)	0.05	0.07	(0.02)	0.03
’22	(0.10)	(0.02)	0.03	(0.01)	(0.09)
’21	—	—	(0.15)	(0.06)	(0.31)
’20	—	—	0.13	—	0.11

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	32.42	20.05	22.67	25.46	47.16	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	81.40	66.00	41.44	56.10	86.88
People
People	Employees	—	—	—	—	7,500	19,000	22,000	24,000	26,000	32,000
	Revenue/emp, $m	—	—	—	0.00	0.04	0.03	0.03	0.04	0.05	0.05
Income, $m
Income, $m	Revenue	—	—	—	238	327	498	739	966	1,281	1,638
	Gross margin, %	—	—	—	40.30	35.41	30.79	24.48	26.02	26.55	25.88
	EBT	—	—	—	28	7	(120)	(17)	17	85	136
	EBT margin, %	—	—	—	11.95	2.11	(24.01)	(2.25)	1.75	6.63	8.28
	Net income	—	0	—	28	6	(118)	(19)	10	66	117
	Depreciation	—	—	—	10	16	25	45	69	93	115
Per share, $
Per share, $	Revenue	—	—	—	4.78	0.00	10.86	14.25	15.56	12.38	13.07
	Earnings	—	—	—	0.57	0.11	(0.31)	(0.09)	0.16	0.34	0.64
	Cash flow	—	—	—	1.14	0.00	1.75	1.15	2.25	2.38	2.36
	Capex	—	—	—	(0.79)	0.00	(2.52)	(3.60)	(3.66)	(2.05)	(1.92)
	Free cash flow	—	—	—	0.35	0.00	(0.77)	(2.44)	(1.41)	0.33	0.43
	Book value	—	—	—	(17.24)	0.00	4.66	4.86	10.89	7.38	7.16
	Shares, m	—	—	—	50	0	46	52	62	104	125
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	1,035.33	154.06	95.66
	P/S	—	—	—	4.52	4.52	4.69	1.91	2.00	4.23	4.68
	P/B	—	—	—	0.00	0.00	10.92	5.59	2.85	7.10	8.55
	EV/Sales	—	—	—	5.11	5.11	4.82	2.33	2.34	4.19	4.64
	EV/FCF	—	—	—	86.74	86.74	(67.93)	(13.62)	(25.87)	156.15	139.57
Cash, $m
Cash, $m	Operating cash flow	—	—	—	57	54	80	60	140	246	296
	Capex	—	—	—	(39)	(40)	(116)	(187)	(227)	(212)	(241)
	Free cash flow	—	—	—	17	13	(35)	(127)	(87)	34	54
Balance, $m
Balance, $m	Working capital	—	—	—	4	3	(77)	(130)	67	155	117
	Total debt	—	—	—	47	78	83	336	465	237	200
	Net debt	—	—	—	31	46	65	316	332	(56)	(69)
	Shareholders’ equity	—	—	—	(860)	(1,460)	214	252	676	764	898
Returns, %
Returns, %	ROA	—	—	—	33.74	2.68	(3.12)	(0.55)	0.12	1.65	2.90
	ROIC	—	—	—	0.00	0.00	(24.97)	(0.29)	2.87	9.37	12.16
	ROE	—	—	—	(2.45)	(0.49)	2.04	(2.04)	0.37	4.90	9.61

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
YUMC Yum China	$15.3B	16.5×	14.7×	+12.59% (above 0%: growing)	+20.69% (above 0%: growing)	+3.10% (above 0%: growing)	22.21%	11.09%	Compare
TXRH Texas Roadhouse, Inc.	$11.2B	26.9×	26.6×	+11.11% (above 0%: growing)	−0.53% (below 0%: shrinking)	+120.59% (above 0%: growing)	16.80%	8.50%	Compare
DPZ Domino's Pizza Inc	$10.0B	17.0×	16.4×	+3.36% (above 0%: growing)	+12.90% (above 0%: growing)	−3.26% (below 0%: shrinking)	40.18%	20.39%	Compare
EAT Brinker International, Inc.	$8.6B	18.2×	11.3×	+5.06% (above 0%: growing)	+27.80% (above 0%: growing)	+48.74% (above 0%: growing)	18.75%	10.87%	Compare
BROS Dutch Bros Inc.	$7.2B	57.0×	65.2×	+32.48% (above 0%: growing)	+40.00% (above 0%: growing)	+11.97% (above 0%: growing)	27.42%	12.78%
CAVA CAVA Group, Inc.	$6.5B	101×	131×	+31.30% (above 0%: growing)	+25.00% (above 0%: growing)	+52.60% (above 0%: growing)	44.93%	7.29%	Compare
CAKE The Cheesecake Factory Incorporated	$5.8B	30.0×	16.3×	+7.72% (above 0%: growing)	+24.58% (above 0%: growing)	+220.39% (above 0%: growing)	17.64%	7.63%	Compare
WING Wingstop Inc.	$3.6B	31.2×	31.6×	+6.44% (above 0%: growing)	+19.79% (above 0%: growing)	−45.18% (below 0%: shrinking)	86.49%	29.44%	Compare
SHAK Shake Shack, Inc.	$3.0B	71.2×	45.8×	+17.16% (above 0%: growing)	−9.30% (below 0%: shrinking)	−102.73% (below 0%: shrinking)	25.58%	4.97%	Compare
Median of peers	$7.5B	28.4×	21.5×	+9.42%	+20.24%	+25.92%	23.90%	9.69%

All 56 Restaurants stocks →

Dutch Bros Inc. (BROS) key facts

Strength: Dutch Bros Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 27.9% from fiscal 2024.
Strength: Net income was $117.3 million, or $0.64 per share (basic), a net margin of 4.87%.
Dutch Bros Inc. (BROS) is a Restaurants company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, BROS traded at $41.06, a market capitalization of $7.2 billion.
At that price the stock trades at 57.0× trailing-twelve-month earnings and 2.9× sales; its P/E is higher than 3% of its own readings over the past ten years.
Return on equity was 9.61% and debt-to-equity 0.20.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.99 (safe zone) for fiscal 2025.