Dutch Bros (BROS) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.3B
Gross Profit
340.1M
26.55%
Operating Income
106.1M
8.28%
Net Income
66.4M
5.19%
Balance Sheet Metrics
Total Assets
2.5B
Total Liabilities
1.7B
Shareholders Equity
763.9M
Debt to Equity
2.27
Cash Flow Metrics
Operating Cash Flow
221.0M
Free Cash Flow
24.7M
Revenue & Profitability Trend
Dutch Bros Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.3B | 965.8M | 739.0M | 497.9M | 327.4M |
| Cost of Goods Sold | 940.9M | 714.5M | 558.1M | 344.6M | 211.5M |
| Gross Profit | 340.1M | 251.3M | 180.9M | 153.3M | 115.9M |
| Operating Expenses | 234.0M | 205.1M | 183.5M | 264.5M | 104.9M |
| Operating Income | 106.1M | 46.2M | -2.6M | -111.2M | 11.0M |
| Pre-tax Income | 84.9M | 16.9M | -16.7M | -119.6M | 6.9M |
| Income Tax | 18.4M | 7.0M | 2.6M | -1.6M | 843.0K |
| Net Income | 66.4M | 10.0M | -19.3M | -117.9M | 6.1M |
| EPS (Diluted) | - | $0.03 | -$0.09 | -$0.31 | $0.00 |
Income Statement Trend
Dutch Bros Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 357.9M | 205.3M | 82.3M | 61.3M | 63.1M |
| Non-Current Assets | 2.1B | 1.6B | 1.1B | 492.4M | 196.6M |
| Total Assets | 2.5B | 1.8B | 1.2B | 553.7M | 259.7M |
| Liabilities | |||||
| Current Liabilities | 203.1M | 138.1M | 212.7M | 138.7M | 59.9M |
| Non-Current Liabilities | 1.5B | 950.0M | 721.7M | 201.2M | 123.8M |
| Total Liabilities | 1.7B | 1.1B | 934.4M | 340.0M | 183.7M |
| Equity | |||||
| Total Shareholders Equity | 763.9M | 675.9M | 252.0M | 213.7M | 76.0M |
Balance Sheet Composition
Dutch Bros Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 66.4M | 10.0M | -19.3M | -117.9M | 6.1M |
| Operating Cash Flow | 221.0M | 129.3M | 54.9M | 74.1M | 52.2M |
| Investing Activities | |||||
| Capital Expenditures | -212.1M | -227.3M | -186.5M | -115.7M | -40.5M |
| Investing Cash Flow | -212.1M | -227.3M | -192.6M | -121.1M | -45.6M |
| Financing Activities | |||||
| Dividends Paid | - | 0 | 0 | -213.3M | -7.8M |
| Financing Cash Flow | 125.4M | 88.0M | 282.1M | 12.6M | -14.7M |
| Free Cash Flow | 24.7M | -88.5M | -128.0M | -38.1M | 13.0M |
Cash Flow Trend
Dutch Bros Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
173.36
Forward P/E
125.20
Price to Book
14.13
Price to Sales
8.17
PEG Ratio
125.20
Profitability Ratios
Profit Margin
3.20%
Operating Margin
9.10%
Return on Equity
9.75%
Return on Assets
3.31%
Financial Health
Current Ratio
1.95
Debt to Equity
128.24
Beta
2.74
Per Share Data
EPS (TTM)
$0.39
Book Value per Share
$4.79
Revenue per Share
$12.06
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| bros | 11.1B | 173.36 | 14.13 | 9.75% | 3.20% | 128.24 |
| McDonald's | 207.0B | 25.55 | -60.31 | -216.57% | 31.75% | -15.29 |
| Starbucks | 104.9B | 33.58 | - | -50.54% | 8.61% | -3.42 |
| Chipotle Mexican | 71.1B | 46.71 | 20.41 | 45.57% | 13.59% | 132.72 |
| Yum! Brands | 39.3B | 28.17 | -5.28 | -19.43% | 18.42% | -1.57 |
| Restaurant Brands | 30.1B | 22.35 | 6.93 | 27.75% | 10.83% | 329.95 |
Financial data is updated regularly. All figures are in the company's reporting currency.