← Back to Screener
US Stock Screener
HomeScreensNewsWatchlist
...

Dutch Bros Inc. (BROS) 10-Year Financial Performance & Capital Metrics

BROS • • Industrial / General
Consumer CyclicalRestaurantsCoffee & Beverage ChainsDrive-Thru Coffee
AboutDutch Bros Inc., together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands. Dutch Bros Inc. was founded in 1992 and is headquartered in Grants Pass, Oregon.Show more
  • Revenue $1.28B +32.6%
  • EBITDA $199M +72.6%
  • Net Income $35M +1952.3%
  • EPS (Diluted) 0.31 +1019.1%
  • Gross Margin 26.55% +2.0%
  • EBITDA Margin 15.54% +30.1%
  • Operating Margin 8.28% +73.0%
  • Net Margin 2.75% +1447.1%
  • ROE 4.9% +1222.6%
  • ROIC 6.05% +81.0%
  • Debt/Equity 1.23 +23.3%
  • Interest Coverage 3.93 +174.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 40.0%

✗Weaknesses

  • ✗Weak 3Y average ROE of 1.1%
  • ✗Shares diluted 84.9% in last year
  • ✗Thin 5Y average net margin of 0.3%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-
5Y39.98%
3Y37.03%
TTM28.93%

Profit (Net Income) CAGR

10Y-
5Y4.43%
3Y-
TTM105.28%

EPS CAGR

10Y-
5Y-12.66%
3Y-
TTM69.3%

ROCE

10Y Avg0.22%
5Y Avg-4.21%
3Y Avg2.86%
Latest5.41%

Peer Comparison

Drive-Thru Coffee
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BROSDutch Bros Inc.7.77B61.14197.2332.64%4.04%7.18%0.32%1.23

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+238.37M327.41M497.88M739.01M965.78M1.28B
Revenue Growth %-0.37%0.52%0.48%0.31%0.33%
Cost of Goods Sold+142.31M211.48M344.57M558.1M714.48M940.89M
COGS % of Revenue0.6%0.65%0.69%0.76%0.74%0.73%
Gross Profit+96.06M115.94M153.3M180.92M251.3M340.13M
Gross Margin %0.4%0.35%0.31%0.24%0.26%0.27%
Gross Profit Growth %-0.21%0.32%0.18%0.39%0.35%
Operating Expenses+65.76M104.94M264.53M183.53M205.07M234.04M
OpEx % of Revenue0.28%0.32%0.53%0.25%0.21%0.18%
Selling, General & Admin65.76M104.94M264.53M183.53M205.07M234.04M
SG&A % of Revenue0.28%0.32%0.53%0.25%0.21%0.18%
Research & Development000000
R&D % of Revenue------
Other Operating Expenses000000
Operating Income+30.3M11M-111.23M-2.61M46.22M106.09M
Operating Margin %0.13%0.03%-0.22%-0%0.05%0.08%
Operating Income Growth %--0.64%-11.11%0.98%18.7%1.3%
EBITDA+39.97M26.54M-86.01M42.12M115.36M199.1M
EBITDA Margin %0.17%0.08%-0.17%0.06%0.12%0.16%
EBITDA Growth %--0.34%-4.24%1.49%1.74%0.73%
D&A (Non-Cash Add-back)9.67M15.54M25.22M44.73M69.14M93M
EBIT30.82M10.64M-112.47M1.36M49.24M111.91M
Net Interest Income+-2.35M-3.74M-7.09M-18.02M-32.32M-27.02M
Interest Income000000
Interest Expense2.35M3.74M7.09M18.02M32.32M27.02M
Other Income/Expense-1.82M-4.1M-8.33M-14.04M-29.3M-21.21M
Pretax Income+28.48M6.9M-119.56M-16.65M16.92M84.89M
Pretax Margin %0.12%0.02%-0.24%-0.02%0.02%0.07%
Income Tax+89K1.18M-1.63M2.6M6.97M18.43M
Effective Tax Rate %1%0.83%0.11%0.29%0.1%0.42%
Net Income+28.39M5.72M-12.68M-4.75M1.72M35.26M
Net Margin %0.12%0.02%-0.03%-0.01%0%0.03%
Net Income Growth %--0.8%-3.21%0.63%1.36%19.52%
Net Income (Continuing)28.39M5.72M-117.93M-19.25M9.95M66.45M
Discontinued Operations000000
Minority Interest00119.21M122.86M311.58M226.5M
EPS (Diluted)+0.610.00-0.28-0.090.030.31
EPS Growth %--1%-0.67%1.3%10.19%
EPS (Basic)0.610.00-0.28-0.090.030.31
Diluted Shares Outstanding46.75M46.75M45.86M51.87M62.07M114.75M
Basic Shares Outstanding46.75M46.75M45.86M51.87M62.07M114.24M
Dividend Payout Ratio-1.35%----

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+36.85M63.07M61.29M82.32M205.26M357.94M
Cash & Short-Term Investments15.58M31.64M18.51M20.18M133.54M293.35M
Cash Only15.58M31.64M18.51M20.18M133.54M293.35M
Short-Term Investments000000
Accounts Receivable6.62M10.84M10.64M11.97M9.12M10.6M
Days Sales Outstanding10.1412.087.85.913.453.02
Inventory10.91M15.58M23.34M39.23M46.95M36.49M
Days Inventory Outstanding2826.8924.7325.6623.9914.15
Other Current Assets3.73M5.01M010.95M15.64M17.5M
Total Non-Current Assets+131.43M196.59M492.41M1.1B1.56B2.14B
Property, Plant & Equipment103.18M165.42M302M782.71M1.12B1.37B
Fixed Asset Turnover2.31x1.98x1.65x0.94x0.86x0.93x
Goodwill16.53M18.07M18.71M21.63M21.63M21.63M
Intangible Assets10.55M11.32M11.1M8.8M5.42M2.95M
Long-Term Investments0000837K832K
Other Non-Current Assets1.18M1.57M1.56M2.13M3.03M1.76M
Total Assets+168.28M259.66M553.7M1.19B1.76B2.5B
Asset Turnover1.42x1.26x0.90x0.62x0.55x0.51x
Asset Growth %-0.54%1.13%1.14%0.49%0.42%
Total Current Liabilities+32.9M59.87M138.73M212.68M138.12M203.07M
Accounts Payable13.04M16.09M20.44M21.27M29.96M32.23M
Days Payables Outstanding33.4627.7721.6513.9115.312.5
Short-Term Debt4.19M21.12M64.21M113.47M4.49M17.31M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K
Other Current Liabilities8.16M11.46M6.92M25.64M22.19M7.14M
Current Ratio1.12x1.05x0.44x0.39x1.49x1.76x
Quick Ratio0.79x0.79x0.27x0.20x1.15x1.58x
Cash Conversion Cycle4.6711.210.8817.6612.134.67
Total Non-Current Liabilities+57.37M123.8M201.24M721.71M949.97M1.53B
Long-Term Debt22.88M74M3.5M96.3M93.17M219.75M
Capital Lease Obligations20.83M079.59M398.36M559.19M678.61M
Deferred Tax Liabilities000000
Other Non-Current Liabilities9.64M45.05M113.12M220.93M290.93M627.77M
Total Liabilities90.27M183.67M339.97M934.38M1.09B1.74B
Total Debt+47.91M95.12M150.69M625.42M676.58M942.91M
Net Debt32.32M63.48M132.18M605.24M543.04M649.55M
Debt / Equity0.61x1.25x0.71x2.48x1.00x1.23x
Debt / EBITDA1.20x3.58x-14.85x5.87x4.74x
Net Debt / EBITDA0.81x2.39x-14.37x4.71x3.26x
Interest Coverage12.91x2.94x-15.68x-0.14x1.43x3.93x
Total Equity+78.02M75.99M213.73M251.98M675.92M763.87M
Equity Growth %--0.03%1.81%0.18%1.68%0.13%
Book Value per Share1.671.634.664.8610.896.66
Total Shareholders' Equity78.02M75.99M94.52M129.12M364.35M537.37M
Common Stock-859.71M-1.46B2K2K2K1K
Retained Earnings00-12.68M-17.31M-15.59M19.67M
Treasury Stock000000
Accumulated OCI000813K544K628K
Minority Interest00119.21M122.86M311.58M226.5M

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+56.7M53.55M80.38M59.88M139.91M246.43M
Operating CF Margin %0.24%0.16%0.16%0.08%0.14%0.19%
Operating CF Growth %--0.06%0.5%-0.25%1.34%0.76%
Net Income28.39M5.72M-119.98M-19.25M1.72M66.45M
Depreciation & Amortization9.67M15.54M25.22M44.73M47.83M93M
Stock-Based Compensation6.76M35.09M157.72M41.66M39.22M11.48M
Deferred Taxes0475K-2.66M1.08M5.95M15.42M
Other Non-Cash Items330K98K2.22M6.8M39.18M13.16M
Working Capital Changes11.56M-3.37M17.86M-15.13M6.02M46.91M
Change in Receivables-612K-4.22M193K-1.32M2.84M-1.47M
Change in Inventory222K-4.59M-7.67M-15.82M010.46M
Change in Payables3.53M-518K2.15M1.61M3.9M3.66M
Cash from Investing+-39.95M-45.57M-121.09M-192.57M-227.28M-212.07M
Capital Expenditures-39.47M-40.58M-118.44M-187.88M-228.46M-221.74M
CapEx % of Revenue0.17%0.12%0.24%0.25%0.24%0.17%
Acquisitions------
Investments------
Other Investing47K99K2.74M1.36M1.18M9.67M
Cash from Financing+-12.68M8.08M27.58M134.36M200.73M125.45M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid-6.63M-7.75M-213.31M000
Share Repurchases------
Other Financing00-17.54M-3M-4.37M-1.89M
Net Change in Cash------
Free Cash Flow+17.24M12.97M-38.07M-128M-88.54M24.69M
FCF Margin %0.07%0.04%-0.08%-0.17%-0.09%0.02%
FCF Growth %--0.25%-3.93%-2.36%0.31%1.28%
FCF per Share0.370.28-0.83-2.47-1.430.22
FCF Conversion (FCF/Net Income)2.00x9.35x-6.34x-12.60x81.44x6.99x
Interest Paid2.42M3.83M7.35M17.61M34.97M39.1M
Taxes Paid103K338K886K1.32M1.73M2.25M

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)36.39%7.43%-8.75%-2.04%0.37%4.9%
Return on Invested Capital (ROIC)20.59%6.6%-34.37%-0.33%3.34%6.05%
Gross Margin40.3%35.41%30.79%24.48%26.02%26.55%
Net Margin11.91%1.75%-2.55%-0.64%0.18%2.75%
Debt / Equity0.61x1.25x0.71x2.48x1.00x1.23x
Interest Coverage12.91x2.94x-15.68x-0.14x1.43x3.93x
FCF Conversion2.00x9.35x-6.34x-12.60x81.44x6.99x
Revenue Growth-37.36%52.06%48.43%30.68%32.64%

Revenue by Segment

2021202220232024
Franchise Fees87.47M93.76M101.91M109.61M
Franchise Fees Growth-7.19%8.69%7.56%
Product and Service, Other6.67M5.55M5.93M5.58M
Product and Service, Other Growth--16.79%6.92%-5.99%

Frequently Asked Questions

Valuation & Price

Dutch Bros Inc. (BROS) has a price-to-earnings (P/E) ratio of 197.2x. This suggests investors expect higher future growth.

Growth & Financials

Dutch Bros Inc. (BROS) reported $1.54B in revenue for fiscal year 2024. This represents a 545% increase from $238.4M in 2019.

Dutch Bros Inc. (BROS) grew revenue by 32.6% over the past year. This is strong growth.

Yes, Dutch Bros Inc. (BROS) is profitable, generating $62.1M in net income for fiscal year 2024 (2.8% net margin).

Dividend & Returns

Dutch Bros Inc. (BROS) has a return on equity (ROE) of 4.9%. This is below average, suggesting room for improvement.

Dutch Bros Inc. (BROS) generated $65.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

VCP Scanner

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screens
  • Valuation
  • Compare
  • Total Return
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Twitter
  • Get Early Access
© 2026 VCP Scanner. All rights reserved.
Made with ❤️ for investors
Not financial advice. Do your own research.