Latest Ratios: P/E Ratio 14.5x · EV/EBITDA 14.7x · ROE 20.4%. (2018–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.0B | $2.4B | $2.6B | $2.3B | $4.6B | $5.5B | — | — | — |
| Enterprise Value | $4.6B | $5.0B | $6.4B | $6.4B | $8.2B | $8.3B | — | — | — |
| P/E Ratio → | 14.51 | 17.44 | — | — | 109.24 | 560.33 | — | — | — |
| P/S Ratio | 1.09 | 1.30 | 1.11 | 1.00 | 2.24 | 3.77 | — | — | — |
| P/B Ratio | 2.63 | 3.17 | 4.28 | 2.55 | 2.75 | 3.36 | — | — | — |
| P/FCF | 18.88 | 22.53 | — | — | — | 44.98 | — | — | — |
| P/OCF | 6.16 | 7.35 | 10.77 | 10.10 | 23.09 | 19.50 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.68 | 2.75 | 2.78 | 4.05 | 5.67 | — | — | — |
| EV / EBITDA | 14.67 | 15.93 | 133.48 | — | 23.77 | 28.73 | — | — | — |
| EV / EBIT | 19.87 | 22.48 | — | — | 45.18 | 75.14 | — | — | — |
| EV / FCF | — | 46.27 | — | — | — | 67.65 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.0% | 45.0% | 52.4% | 44.8% | 47.6% | 49.4% | 61.6% | 62.7% | 41.8% |
| Operating Margin | 12.4% | 12.4% | -6.0% | -29.8% | 9.8% | 12.1% | 10.5% | 11.7% | 11.8% |
| Net Profit Margin | 7.5% | 7.5% | -12.5% | -32.3% | 2.1% | 0.7% | -0.5% | 1.3% | 1.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 20.4% | 20.4% | -38.6% | -58.2% | 2.6% | 0.7% | -0.6% | 2.1% | 1.6% |
| ROA | 3.0% | 3.0% | -5.2% | -12.0% | 0.7% | 0.2% | -0.1% | 0.5% | 0.5% |
| ROIC | 4.5% | 4.5% | -2.2% | -10.0% | 3.1% | 3.2% | 2.6% | 3.9% | 4.0% |
| ROCE | 5.6% | 5.6% | -2.7% | -12.0% | 3.5% | 3.6% | 3.1% | 4.8% | 4.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.47 | 3.47 | 6.58 | 4.72 | 2.37 | 2.01 | 2.66 | 4.54 | 1.60 |
| Debt / EBITDA | 8.50 | 8.50 | 83.00 | — | 11.29 | 11.43 | 18.77 | 13.95 | 8.99 |
| Net Debt / Equity | — | 3.33 | 6.30 | 4.52 | 2.23 | 1.70 | 2.50 | 4.42 | 1.52 |
| Net Debt / EBITDA | 8.17 | 8.17 | 79.47 | — | 10.64 | 9.63 | 17.66 | 13.58 | 8.51 |
| Debt / FCF | — | 23.74 | — | — | — | 22.68 | 87.88 | 97.40 | 39.99 |
| Interest Coverage | 1.83 | 1.83 | -1.02 | -4.16 | 1.60 | 1.46 | 1.07 | 1.22 | 1.39 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.75 | 0.75 | 1.52 | 1.92 | 1.13 | 1.61 | 1.22 | 1.17 | 1.33 |
| Quick Ratio | 0.67 | 0.67 | 1.36 | 1.73 | 0.99 | 1.51 | 1.08 | 1.00 | 1.23 |
| Cash Ratio | 0.14 | 0.14 | 0.39 | 0.41 | 0.45 | 1.10 | 0.57 | 0.22 | 0.41 |
| Asset Turnover | — | 0.45 | 0.44 | 0.39 | 0.31 | 0.25 | 0.19 | 0.32 | 0.38 |
| Inventory Turnover | 19.57 | 19.57 | 16.50 | 15.29 | 14.79 | 15.80 | 8.06 | 8.55 | 33.78 |
| Days Sales Outstanding | — | 35.52 | 30.16 | 26.49 | 35.00 | 31.04 | 35.47 | 47.88 | 32.00 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | 2108.4% | 750.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.9% | 5.7% | — | — | 0.9% | 0.2% | — | — | — |
| FCF Yield | 5.3% | 4.4% | — | — | — | 2.2% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 2.2% | 0.0% | 0.8% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 2.2% | 0.0% | 0.8% | — | — | — |
| Shares Outstanding | — | $164M | $160M | $162M | $167M | $165M | $170M | $165M | $165M |
Includes 30+ ratios · 8 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying DRVN stock.
Driven Brands Holdings Inc.'s current P/E ratio is 14.5x. The historical average is 63.3x.
Driven Brands Holdings Inc.'s current EV/EBITDA is 14.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 22.8x.
Driven Brands Holdings Inc.'s return on equity (ROE) is 20.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -8.7%.
Based on historical data, Driven Brands Holdings Inc. is trading at a P/E of 14.5x. Compare with industry peers and growth rates for a complete picture.
Driven Brands Holdings Inc. has 45.0% gross margin and 12.4% operating margin. Operating margin between 10-20% is typical for established companies.
Driven Brands Holdings Inc.'s Debt/EBITDA ratio is 8.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.
Key Metrics
Top Statement Risk
Goodwill impairment and leverage risk
Metrics are mathematically derived from official filings.
Margin Volatility Masks Underlying Earning Power
Gross margin swung from 58.8% in 2024Q1 to -5.2% in 2025Q4, with operating margin ranging from -56.5% to 26.9%, indicating severe instability in core profitability, per reported financials.
The extreme margin swings, including a negative gross margin in 2025Q4, suggest that the company's cost structure is not stable, possibly due to impairments or one-time charges. The latest quarter's 30.7% gross margin and 17.6% operating margin appear more normalized, but the historical volatility warrants caution. Investors should monitor whether the recent improvement is sustainable or a temporary rebound from the 2024Q4 trough.
Return on Capital Remains Subdued
ROIC has been consistently low, ranging from -5.2% in 2024Q4 to 3.1% in 2026Q2, while ROE improved to 11.6% in 2026Q2 from -39.7% in 2024Q4, per reported figures.
The low ROIC, even in the best quarter, suggests that the company is not generating sufficient returns on its invested capital, which may indicate value destruction. The improvement in ROE is partly driven by a shrinking equity base due to accumulated deficits, not necessarily operational efficiency. This implies that the company's capital allocation, heavily skewed toward acquisitions, has not yet yielded adequate returns.
Working Capital Efficiency Shows Mixed Signals
Cash conversion cycle improved from 35 days in 2024Q1 to 17 days in 2026Q1, but DSO spiked to 68 days in 2025Q4, indicating inconsistent receivables management, based on financial statements.
The reduction in CCC suggests better working capital management, but the volatility in DSO, which ranged from 31 to 68 days, indicates that the company's receivables collection is not stable. The asset turnover ratio has been low, around 0.10, reflecting a heavy asset base relative to revenue, which may be due to the large goodwill and intangibles from acquisitions. This inefficiency in asset utilization could pressure returns.
Leverage Eases but Remains Elevated
Debt-to-equity improved from 4.70 in 2024Q1 to 2.66 in 2026Q2, while interest coverage rose to 333,905 in 2026Q2, but this is distorted by the anomalous revenue quarter, per reported data.
The deleveraging trend is positive, but the debt-to-equity ratio remains high, indicating that the company still carries significant debt relative to equity. The interest coverage ratio in 2026Q2 is implausibly high due to the revenue anomaly, and excluding that, coverage has been thin, around 1.6-2.9 in recent quarters. This suggests that debt service is manageable but leaves little room for earnings shocks.
Liquidity Position Improves but Remains Volatile
Current ratio rose from 0.75 in 2025Q4 to 1.47 in 2026Q2, with quick ratio at 1.33, indicating a stronger short-term buffer, per financial statements.
The improvement in liquidity is encouraging, but the volatility in the current ratio, which dipped below 1.0 in 2025Q4, suggests that the company's short-term obligations have at times exceeded its current assets. The quick ratio, excluding inventory, is also above 1.0, indicating that the company can cover short-term liabilities without relying on inventory sales. However, the reliance on cash from operations, which has been uneven, could strain liquidity under stress.
Misapplied P/E Ratio Obscures Earnings Distortions
The trailing P/E of 15.56 is misleading given the anomalous 2026Q2 net income of $9.5B, which inflates earnings and understates the true valuation, based on reported figures.
The P/E ratio is commonly used to assess valuation, but for Driven Brands, the earnings base is distorted by non-recurring items and the revenue anomaly, making the P/E unreliable. A more appropriate metric would be EV/EBITDA, which at 15.15 is still elevated but provides a clearer picture of operating performance. Investors should adjust for one-time charges and use normalized earnings to avoid overpaying for a company with volatile profitability.