Driven Brands Holdings Inc. (DRVN) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 26	$0.24	$0.34	+41.7%	—	$484.4M	—
Q3 25	$0.3	$0.34	+13.3%	—	$535.7M	—
Q2 25	$0.34	$0.36	+5.9%	—	$551M	—
Q1 25	$0.24	$0.27	+12.5%	—	$516.2M	—
Q4 24	$0.18	$0.3	+66.7%	—	$564.1M	—
Q3 24	$0.22	$0.26	+18.2%	—	$591.7M	—
Q2 24	$0.28	$0.35	+25.0%	—	$611.6M	—
Q1 24	$0.19	$0.23	+21.1%	—	$572.2M	—
Q4 23	$0.19	$0.19	0.0%	—	$553.7M	—
Q3 23	$0.18	$0.2	+11.1%	—	$581M	—
Q2 23	$0.31	$0.29	-6.5%	—	$606.9M	—
Q1 23	$0.23	$0.25	+8.7%	—	$562.5M	—
Q4 22	$0.24	$0.25	+4.2%	—	$539.7M	—
Q3 22	$0.27	$0.32	+18.5%	—	$516.6M	—
Q2 22	$0.29	$0.35	+20.7%	—	$508.6M	—
Q1 22	$0.21	$0.28	+33.3%	—	$468.3M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.85	—	—	$1.9B	—
FY24	—	-$1.79	—	—	$2.3B	—
FY23	—	-$4.5	—	—	$2.3B	—
FY22	—	$0.26	—	—	$2B	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$492.7M	$600.3M	$904.2M	$1.5B	$2B	$2.3B	$2.3B	$1.9B
YoY change	—	+21.8%	+50.6%	+62.3%	+38.6%	+13.3%	+1.54%	-20.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	492.7M	600.3M	904.2M	1.5B	2B	2.3B	2.3B	1.9B
Cost of revenue	163.8M	223.7M	347M	630M	920.2M	1.1B	1.3B	916.3M
Gross profit	328.9M	376.6M	557.2M	837.3M	1.1B	1.2B	1.1B	946.2M
Gross margin	66.7%	62.7%	61.6%	57.1%	54.7%	51.7%	46.4%	50.8%
Research & development	—	—	—	—	—	—	—	—
Selling, general & administrative	200.8M	212M	280.3M	367M	471.5M	540.4M	656.4M	605.1M
Operating expenses	250.9M	270.8M	376.6M	481.8M	619.8M	704.7M	796M	605.1M
Operating income	58.2M	81.6M	118.6M	242.7M	346M	310.5M	249M	259.2M
Operating margin	11.8%	13.6%	13.1%	16.5%	17%	13.5%	10.6%	13.9%
Non-operating income, net	-6.5M	-12.2M	-15.8M	-131.9M	-163.6M	-994M	-409.7M	-18.8M
Pretax income	9.9M	12.6M	7.2M	34.9M	68.3M	-847.7M	-317.6M	119.2M
Income tax	2.8M	4.8M	11.4M	25.4M	25.2M	-102.7M	-25.1M	-12.8M
Net income	7.1M	7.8M	-4.2M	9.5M	43.2M	-745M	-292.5M	140.2M
Net margin	1.43%	1.29%	-0.47%	0.65%	2.12%	-32.3%	-12.5%	7.53%
EBITDA	78M	105.8M	180.7M	355.5M	493.2M	485.8M	437.4M	411.4M
EPS	0.04	0.05	-0.02	0.06	0.26	-4.5	-1.79	0.85
Diluted EPS	0.04	0.05	-0.02	0.06	0.25	-4.53	-1.82	0.85

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	581M	553.7M	572.2M	611.6M	591.7M	564.1M	516.2M	551M	535.7M	259.6M	484.4M	507.4M
Cost of revenue	288.1M	263.7M	271.4M	286.1M	307.2M	312.5M	253.4M	267.8M	265.9M	129.2M	235M	252.4M
Gross profit	293M	290M	300.8M	325.4M	284.4M	251.6M	262.8M	283.2M	269.8M	130.4M	249.4M	255M
Gross margin	50.4%	52.4%	52.6%	53.2%	48.1%	44.6%	50.9%	51.4%	50.4%	50.2%	51.5%	50.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	150.1M	134.7M	140.5M	146M	176.6M	193.3M	168.4M	210.2M	173.1M	53.5M	160.6M	159.8M
Operating expenses	190.3M	177M	178M	187.5M	178.1M	216.7M	203.4M	210.2M	173.1M	53.5M	160.6M	159.8M
Operating income	57M	66.9M	79.6M	93.3M	63M	13.1M	61.3M	38.1M	61.9M	97.9M	67.4M	73M
Operating margin	9.81%	12.1%	13.9%	15.3%	10.6%	2.32%	11.9%	6.92%	11.6%	37.7%	13.9%	14.4%
Non-operating income, net	-966.9M	-18.3M	-25.4M	-13.4M	-24.5M	-346.3M	-210K	12.2M	870K	-31.7M	-10.8M	-1.2M
Pretax income	-951.1M	4.7M	10.4M	48M	-5.1M	-371M	24.5M	18.9M	39.2M	36.6M	33.2M	51M
Income tax	-151.8M	17.9M	6.2M	17.9M	9.8M	-59M	7M	7.1M	-21.7M	-5.4M	9.4M	13.8M
Net income	-799.3M	-13.1M	4.3M	30.2M	-14.9M	-312M	5.5M	47.6M	60.9M	26.2M	54.8M	34.2M
Net margin	-137.6%	-2.37%	0.74%	4.93%	-2.53%	-55.3%	1.07%	8.63%	11.4%	10.1%	11.3%	6.75%
EBITDA	103.6M	112.9M	124.2M	139M	107.4M	66.8M	98.5M	79.9M	105.3M	129.8M	94M	100.7M
EPS	-4.82	-0.08	0.03	0.18	-0.09	-1.91	0.04	0.29	0.37	0.13	0.33	0.21
Diluted EPS	-4.83	-0.08	0.03	0.18	-0.09	-1.94	0.04	0.29	0.37	0.13	0.33	0.21

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	5.4B	4.4B	2.3B	2.6B	2.4B	1.9B
Enterprise value	—	—	—	8.2B	8.1B	6.4B	6.4B	5B	4.1B
Shares outstanding	164.7M	164.7M	170M	160.7M	162.8M	161.9M	160.3M	162.8M	162.8M

Valuation

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	566.5	103	—	—	17.2	12.4
P/S	—	—	—	3.68	2.19	1	1.11	1.3	1.05
P/B	—	—	—	3.28	2.69	2.55	4.26	3.15	2.44
EV/EBITDA	—	—	—	23	16.5	13.2	14.7	12.1	10
EV/Sales	—	—	—	5.58	4	2.78	2.74	2.67	2.11
Earnings yield	—	—	—	0.18%	0.97%	—	—	5.81%	8.04%
FCF yield	—	—	—	2.28%	-5.38%	-15.6%	-1.82%	4.47%	13.8%
PEG	—	—	—	—	—	—	—	—	-0.45

Profitability

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	66.7%	62.7%	61.6%	57.1%	54.7%	51.7%	46.4%	50.8%	50.3%
Operating margin	11.8%	13.6%	13.1%	16.5%	17%	13.5%	10.6%	13.9%	16.8%
Net margin	1.43%	1.29%	-0.47%	0.65%	2.12%	-32.3%	-12.5%	7.53%	8.56%
ROE	1.61%	2.67%	-0.38%	0.58%	2.61%	-82.2%	-48.2%	18.3%	20.7%
ROA	0.54%	0.41%	-0.09%	0.16%	0.66%	-12.6%	-5.56%	3.37%	5.1%
ROIC	3.78%	3.2%	0%	1.5%	4.09%	6.2%	5.62%	7.8%	10.5%
Return on tangible assets	-0.81%	-0.64%	0.92%	2.36%	10.4%	-49%	-26%	28.7%	-191.8%

Financial health

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.33	1.17	1.22	1.61	1.13	1.92	1.52	0.75	1.47
Quick ratio	1.23	1	1.08	1.51	0.99	1.73	1.36	0.67	1.33
Debt / equity	1.6	4.54	2.66	2.01	2.37	4.72	6.58	3.47	2.66
Debt / assets	0.54	0.7	0.63	0.57	0.6	0.72	0.76	0.64	0.63
Net debt / EBITDA	8.51	12.1	15.3	7.85	7.48	8.44	8.75	6.22	4.74
Interest coverage	1.24	1.22	1.07	1.46	1.6	-4.16	-1.02	1.98	2.64
Effective tax rate	28.4%	38.4%	100%	72.7%	36.8%	0%	0%	0%	0%

Per share

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	2.99	3.64	5.32	9.13	12.5	14.2	14.6	11.4	11.8
EPS (basic)	0.04	0.05	-0.02	0.06	0.26	-4.5	-1.79	0.85	0.85
EPS (diluted)	0.04	0.05	-0.02	0.06	0.25	-4.53	-1.82	0.85	0.99
Book value per share	2.66	1.76	6.51	10.2	10.2	5.6	3.79	4.71	5.05
FCF per share	0.1	0.08	0.19	0.77	-1.47	-2.23	-0.29	0.66	0.81
Cash per share	0.23	0.21	1.02	3.26	1.4	1.09	1.06	0.63	1.11
Capex per share	0	0	0.59	0.9	2.05	1.2	0.32	1.37	1.09

Capital allocation

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0%	0%	11.1%	9.82%	16.4%	8.45%	2.2%	12%	10%
Capex / operating cash flow	0%	0%	575.1%	222.2%	314.8%	-28.2%	-22.4%	67.4%	57.2%
Payout ratio	750.3%	2.1K%	0%	0%	—	—	—	—	0%
Dividend yield	—	—	—	0%	—	—	—	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	37.5M	34.9M	172.6M	523.4M	227.1M	176.5M	170M	102.9M
Receivables	42.1M	74.1M	84.8M	117.9M	179.9M	151.3M	179.6M	132M
Inventory	8.5M	26.1M	43M	47M	72M	83.2M	67.5M	52.4M
Total current assets	120.2M	185.3M	373.7M	768.9M	571.4M	821.1M	657.4M	540.9M
Property, plant & equipment	86.3M	127.4M	1.4B	1.7B	2.2B	2.2B	1.9B	892.1M
Goodwill & intangibles	2.2B	3.1B	5.1B	5.5B	6.1B	4.4B	4.1B	3.7B
Total assets	1.3B	1.9B	4.7B	5.9B	6.5B	5.9B	5.3B	4.2B
Accounts payable	31.3M	58.9M	67.8M	83M	60.6M	67.5M	95.3M	93M
Short-term debt	7.3M	13.1M	23M	26M	33M	32.7M	33.2M	276.7M
Total current liabilities	90.5M	158.8M	305.4M	477.8M	505.4M	427.2M	433.9M	725.8M
Long-term debt	693.9M	1.3B	2.9B	3.3B	3.9B	4.2B	4B	2.4B
Total liabilities	869.2M	1.6B	3.5B	4.2B	4.8B	5B	4.7B	3.4B
Shareholders' equity	437.7M	289.9M	1.1B	1.6B	1.7B	906.7M	607.3M	767.2M
Total debt	701.2M	1.3B	2.9B	3.3B	3.9B	4.3B	4B	2.7B
Net debt	663.7M	1.3B	2.8B	2.8B	3.7B	4.1B	3.8B	2.6B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	211.3M	176.5M	165.5M	148.8M	204.2M	170M	152M	166.1M	162M	102.9M	133.4M	183.9M
Receivables	165.6M	151.3M	166M	195.3M	171.9M	179.6M	201.2M	204.3M	188.2M	132M	154.1M	155.2M
Inventory	83.4M	83.2M	82.9M	70.5M	69.9M	67.5M	63.8M	67.2M	65.2M	52.4M	49.5M	52.1M
Total current assets	857.8M	821.1M	815.8M	757.6M	747.2M	657.4M	671.4M	736.7M	585.1M	540.9M	501.4M	553.9M
Property, plant & equipment	2.8B	2.2B	2.8B	2.8B	2.8B	1.9B	1.3B	1.3B	1.3B	892.1M	1B	1B
Goodwill & intangibles	4.4B	4.4B	4.3B	4.3B	4.2B	4.1B	4.2B	4.2B	4.2B	3.7B	3.6B	3.6B
Total assets	5.9B	5.9B	5.9B	5.8B	5.8B	5.3B	5.3B	4.3B	4.2B	4.2B	3.5B	3.5B
Accounts payable	90.4M	67.5M	82.8M	72.1M	78.8M	95.3M	110.4M	118.9M	89.4M	93M	105.4M	128.5M
Short-term debt	31.9M	32.7M	33M	33.3M	32.9M	33.2M	32.2M	282.2M	277.8M	276.7M	25.4M	26.2M
Total current liabilities	475.3M	427.2M	439.1M	359.2M	393.7M	433.9M	457.3M	661.1M	648.1M	725.8M	362.3M	376.7M
Long-term debt	4.2B	4.2B	4.2B	4.2B	4B	4B	3.1B	2.6B	2.5B	2.4B	2.2B	2.2B
Total liabilities	5B	5B	5B	4.9B	4.8B	4.7B	4.7B	3.5B	3.4B	3.4B	2.7B	2.7B
Shareholders' equity	880.9M	906.7M	906.8M	942.8M	962.8M	607.3M	643.2M	743.4M	793.5M	767.2M	796.7M	833.3M
Total debt	4.2B	4.3B	4.3B	4.2B	4.1B	4B	3.2B	2.9B	2.8B	2.7B	2.2B	2.2B
Net debt	4B	4.1B	4.1B	4.1B	3.9B	3.8B	3B	2.7B	2.6B	2.6B	2.1B	2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	7.1M	7.8M	-4.2M	9.5M	43.2M	-745M	-292.5M	140.2M
Depreciation & amortization	19.8M	24.2M	62.1M	112.8M	147.2M	175.3M	188.4M	152.1M
Stock-based compensation	1.2M	1.2M	1.3M	4.3M	20.6M	15.3M	48.1M	32.3M
Change in working capital	-13.5M	8.4M	-57.3M	-76.4M	-133.9M	-45M	-94.1M	-42M
Operating cash flow	23.2M	49.8M	17.4M	64.9M	106M	-690.7M	-229.6M	330.5M
Capital expenditure	0	0	100.2M	144.1M	333.8M	194.7M	51.4M	-222.8M
Investing cash flow	4.4M	-454.2M	95.3M	-510M	-404.1M	145.1M	347.5M	159.6M
Dividends paid	-53M	-163M	0	0	—	—	—	—
Share repurchases	—	0	0	-43M	0	-50M	0	0
Financing cash flow	-29.1M	446.5M	-314.2M	867M	343M	412.6M	-302.8M	-565M
Net change in cash	-1.6M	42.2M	-201.4M	421.9M	45M	-133M	-184.9M	-74.8M
Free cash flow	16.6M	13.1M	31.5M	123.1M	-239M	-361.3M	-47.1M	107.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-799.3M	-13.1M	4.3M	30.2M	-14.9M	-312M	5.5M	43.1M	50M	26.2M	54.8M	34.2M
Depreciation & amortization	46.6M	46M	44.6M	45.7M	44.4M	53.7M	37.2M	41.8M	43.4M	31.8M	26.5M	27.6M
Stock-based compensation	2.7M	5.6M	11.9M	11M	12.8M	12.5M	11.8M	10.8M	5.2M	4M	5.7M	5.1M
Change in working capital	29.6M	-16.8M	-24.5M	-70.2M	-3.7M	4.3M	-16M	-10.8M	-23.3M	5.2M	-21.1M	1.1M
Operating cash flow	-857.7M	34M	46M	24.1M	45.3M	-344.9M	39.1M	79.2M	84.1M	95.8M	57.2M	75.7M
Capital expenditure	28.6M	22.4M	4.5M	7.3M	6.1M	33.4M	8.7M	-59.9M	-42.7M	-55.4M	-34.1M	-46.8M
Investing cash flow	22.5M	23.6M	55.2M	66.7M	148.8M	76.8M	12.2M	190.2M	-33.9M	-54.9M	432.8M	-29.5M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-49.2M	0	—	—	2K	0	—	—	—	—	—	—
Financing cash flow	-286.6M	12.8M	-33.2M	-68.8M	-170.6M	-30.2M	-47.8M	-273.5M	-293.2M	50.8M	-501.6M	-6.2M
Net change in cash	-1.1B	70.5M	68M	21.9M	23.5M	-298.3M	3.6M	-4.1M	-243M	91.7M	-11.7M	40M
Free cash flow	-65.1M	-90.7M	-29.2M	-19.5M	37.9M	-36.3M	18.9M	19.3M	41.4M	40.4M	23.1M	28.9M

Driven Brands Holdings Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement