Darden Restaurants Inc (DRI)
Consumer Discretionary · Restaurants · US stock · S&P 500 component
$216.35
▲ +2.04 (0.95%)
Fair valueFair
$309 +42.6% to fair value
$154fair band $216–$401$463
Day's range
$214.99 – $218.93
52-week range
$163.80 – $227.90
About Darden Restaurants Inc
Darden Restaurants owns and operates full-service restaurant brands in the United States and Canada, with Olive Garden and LongHorn Steakhouse among its best known. It earns money by selling meals and drinks to dine-in and takeout guests, and it also licenses some brands abroad. Food, labour and occupancy costs are its main expenses, so traffic, menu pricing and cost control shape results.
The company reported trailing revenue of $13.4 billion and three-year growth of 8.0% a year. Profitability figures show an operating margin of 11.7% and a return on invested capital of 31%. Its net debt to EBITDA ratio stands at 1.1 times. The dividend yield is 2.9%. Its X-Ray Score is 52 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $163.80 – $227.90Volume 1,129,600Daily, split-adjusted
Vitals
Market cap$24.8B
52-week range$163.80 – $227.90
Volume (last day)1,129,600
P/E (TTM)21.2
EBIT / EV yield5.8%
Free-cash-flow yield–
Dividend yield2.9%
Revenue (TTM)$13.4B
Net income (TTM)$1.2B
Operating margin11.7%
Return on capital30.6%
Debt incl. leases$2.6B
Cash & securities$221M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$309model spread $287 – $334
Fair
+42.6% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $216
Undervalued < $216Fair $216 – $401Overvalued > $401
10-year DCF (market-scaled)
$391
Peer multiples
$211
Earnings power floor (not blended)
$120
Fundamentals-adjusted multiple
$323
Growth the price implies
6.8%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Discretionary peers. Open a lens to see the numbers behind it.
Valuation
Fair
53/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield5.8%
Fair value vs price1.4×
Growth
Fair
68/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)8.0%
EPS growth (3y)9.1%
Growth consistency100%
Profitability
Fair
53/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital30.6%
Operating margin11.7%
Gross profitability20.5%
Financial health
Weak
38/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA1.1×
Interest coverNo interest cost
Dividends
Fair
54/100
Dividend is typical for its sector.
See the numbers →
Dividend yield2.9%
Dividend growth5.5%
Quarterly results: last 6 quarters
+10.6%
May '25
+10.4%
Aug '25
+7.3%
Nov '25
+5.9%
Feb '26
+13.7%
May '26
+5.1%
Aug '26
Revenue against the same quarter a year earlier. Latest quarter revenue $3.2B, diluted EPS $2.04.
Compare with peers
DPZ Dominos Pizza Inc63 CMG Chipotle Mexican Grill...60 MCD Mcdonalds Corp53 YUM Yum Brands Inc47Other Restaurants companies by X-Ray Score.
Fundamentals checklist
● 2 Good · ● 6 Average · ● 5 BadCash quality
Risk models
Altman Z''Bad
Piotroski F-ScoreBad
Growth
EPS growth (3y)Average
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalAverage
Operating marginBad
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 49/100.
Financials
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $9.6B | $10.5B | $11.4B | $12.1B | $13.2B |
| Operating income | $1.2B | $1.2B | $1.3B | $1.4B | $1.6B |
| Net income | $953M | $982M | $1.0B | $1.0B | $1.2B |
| Operating cash flow | – | – | – | – | – |
| Operating margin | 12.1% | 11.5% | 11.5% | 11.3% | 12.0% |
| Free cash flow | – | – | – | – | – |
| Diluted EPS | $7.39 | $7.99 | $8.51 | $8.86 | $10.38 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 1 neutral · 3 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 204.0 | Bullish |
| EMA 10 | 206.4 | Bullish |
| SMA 20 | 202.6 | Bullish |
| EMA 20 | 205.0 | Bullish |
| SMA 50 | 210.0 | Bullish |
| EMA 50 | 206.0 | Bullish |
| SMA 100 | 205.6 | Bullish |
| EMA 100 | 204.7 | Bullish |
| SMA 200 | 201.6 | Bullish |
| EMA 200 | 200.8 | Bullish |
Oscillators (daily)
| RSI (14) | 63.86 | Neutral |
| MACD (12, 26) | 0.50 | Bullish |
| Momentum (12) | 12.87 | Bullish |
| Stochastic %K (14) | 90.72 | Bearish |
| Williams %R (14) | -9.28 | Bearish |
| CCI (20) | 152.6 | Bearish |
Pivot points (classic, last session)
S3 210.6 | S2 212.8 | S1 214.6 | Pivot 216.8 | R1 218.5 | R2 220.7 | R3 222.5 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
6.24 USD
Yield on today's price
2.88%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 9 Oct 2026 | 1.6200 |
| 10 Jul 2026 | 1.6200 |
| 10 Apr 2026 | 1.5000 |
| 9 Jan 2026 | 1.5000 |
| 10 Oct 2025 | 1.5000 |
| 10 Jul 2025 | 1.5000 |
| 10 Apr 2025 | 1.4000 |
| 10 Jan 2025 | 1.4000 |
| 10 Oct 2024 | 1.4000 |
| 10 Jul 2024 | 1.4000 |
| 9 Apr 2024 | 1.3100 |
| 9 Jan 2024 | 1.3100 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
DRI SEC filings
2 Oct 2026
10-QSEC EDGAR
Quarterly report
24 Sep 2026
8-KSEC EDGAR
Shareholder vote results
24 Sep 2026
8-KSEC EDGAR
Results of operations
10 Aug 2026
DEF 14ASEC EDGAR
Proxy statement
24 Jul 2026
10-KSEC EDGAR
Annual report
25 Jun 2026
8-KSEC EDGAR
Results of operations
27 Mar 2026
10-QSEC EDGAR
Quarterly report
19 Mar 2026
8-KSEC EDGAR
Results of operations
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.