Stocks · Consumer Cyclical · Restaurants

Darden Restaurants, Inc. DRI

$200.33 +1.48% Close, Oct 2, 2026 · NYSE · Market cap $22.94B

High qualityLow risk

Next earnings report: Dec 17, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Revenue over the last four quarters was $13.37B, up 8.1% from a year earlier.
  2. Diluted EPS over the last four quarters was $10.24, up 9.8% year over year.
  3. The diluted share count fell 2.7% in a year, mainly through buybacks.

PromtFinance scores

Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth58Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 32%
  • EPS growth (TTM, YoY)Top 41%
  • FCF growth (TTM, YoY)Bottom 38%
  • Revenue growth, 3-year CAGRTop 24%
  • Revenue growth accelerationBottom 27%
Quality83Strong

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 24%
  • Gross marginTop 6%
  • Operating marginTop 29%
  • Cash conversion (OCF / net income)Bottom 39%
  • Accruals (lower is better)Bottom 40%
  • Net debt / EBITDA (lower is better)Bottom 49%
  • Interest coverTop 28%
Value40Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 43%
  • Free-cash-flow yieldBottom 43%
  • EBITDA / enterprise valueBottom 45%
  • Sales / enterprise valueBottom 27%
  • P/E vs own 5-year history (lower is better)Top 50%
Momentum64Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 32%
  • 6-month returnTop 47%
  • 1-year return vs S&P 500Top 37%
  • Distance from 52-week highTop 17%
  • Trend checklist (0–4)Bottom 47%
Revisions21Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 29%
  • Consecutive EPS beatsBottom 13%
  • Share of analysts rating BuyTop 26%
  • Upside to consensus price targetBottom 31%
Stability91Exceptional

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 22%
  • Maximum drawdown, 3 yearsTop 3%
  • Beta vs S&P 500 (lower is better)Top 10%
  • Net debt / EBITDA (lower is better)Bottom 49%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)9.4%8.1%↓
EPS growth (YoY)17.0%9.8%↓
Gross margin33.9%69.4%↑
Operating margin11.6%11.7%↑
FCF margin8.7%7.9%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)8.1%9.4%↓Top 32%
EPS growth (TTM, YoY)9.8%17.0%↓Top 41%
Gross margin69.4%33.9%↑Top 6%
Operating margin11.7%11.6%↑Top 29%
Net margin8.8%8.9%↓—
Free-cash-flow margin7.9%8.7%↓—
Return on invested capital12.4%—Top 24%
Revenue growth, 3-year CAGR8.0%—Top 24%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.51×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-4.6%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.6%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+17.3 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
2.94×
Interest cover (operating income / interest)How many times operating profit covers interest.
10.6×

Shareholder returns

Dividend yield (dividends paid, TTM)
3.06%
Net buyback yield (TTM)
2.94%
Shareholder yield
6.00%
Share count change, 1 year
-2.7%
Share count change, 3-year CAGR
-2.1%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Aug 30, 2026 (filed Oct 2, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
0
Beats in the last 8 reports
3 of 8
Average EPS surprise, last 4
+0.1%
Average 2-day reaction, last 8
+1.8%
Positive 20 days after report
3 of 7

Analysts

Consensus price target
$237.79
Target vs current price
+18.7%
Analysts with a rating
60
Share rating Buy or Strong Buy
65%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Sep 24, 2026+0.0%-3.0%-9.6%——
Jun 25, 2026+0.8%-0.3%-5.4%-9.1%-2.0%
Mar 19, 2026+0.3%+1.8%+0.5%-2.0%+5.4%
Dec 18, 2025-1.0%+1.8%+0.2%+13.2%+7.6%
Sep 18, 2025-1.5%-7.7%-10.6%-9.8%-12.2%
Jun 20, 2025+0.3%+1.4%-3.0%-5.9%-4.8%
Mar 20, 2025+0.0%+5.8%+10.3%+5.2%+15.6%
Dec 19, 2024-0.5%+14.7%+18.0%+16.7%+17.7%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Sep 24, 2026$2.05$2.05+0.0%$3.20B
Jun 25, 2026$3.66$3.63+0.8%$3.72B
Mar 19, 2026$2.95$2.94+0.3%$3.35B
Dec 18, 2025$2.08$2.10-1.0%$3.10B
Sep 18, 2025$1.97$2.00-1.5%$3.04B
Jun 20, 2025$2.98$2.97+0.3%$3.27B
Mar 20, 2025$2.80$2.80+0.0%$3.16B
Dec 19, 2024$2.03$2.04-0.5%$2.89B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)19.6×19.6×52thTop 43%
P/E (forward)17.8×———
EV / EBITDA13.5×——Bottom 45%
EV / Sales2.20×——Bottom 27%
Free-cash-flow yield4.61%——Bottom 43%
Earnings yield5.11%——Top 43%

P/E over the past five years

Range 16.3× – 25.1× since Aug 29, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+4.1%
Earnings per share growth (TTM)
+9.8%
Change in P/E multiple
-3.0%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
+1.1%
200-day average slope (20 days)
+1.5%
Distance from 50-day average
-5.4%
Distance from 200-day average
-1.8%
RSI (14)
42.4
Relative volume
0.82×

Risk and drawdowns

Volatility, 60 days (annualized)
31.1%
Volatility vs own 5-year history
75th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.53
Correlation with S&P 500
0.29
Current drawdown from 1-year high
-12.0%
Maximum drawdown, 3 years
-25.1%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Sep 27, 2021Jun 16, 2022-30.0%182 days231 days (May 18, 2023)
Jun 20, 2025Nov 20, 2025-25.1%107 days180 days (Aug 12, 2026)
Jul 20, 2023Oct 13, 2023-22.2%60 days96 days (Mar 4, 2024)
Mar 6, 2024Jul 10, 2024-21.5%86 days100 days (Nov 29, 2024)
Aug 12, 2026Sep 30, 2026-15.1%34 daysNot yet recovered

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$22.94B
P/E (TTM)
19.6
EPS, diluted (TTM)
$10.24
Revenue (TTM)
$13.37B
Dividend yield
3.86%
52-week range
$169.00 – $229.76
FY 2022FY 2023FY 2024FY 2025FY 2026
Revenue$9.63B$10.49B$11.39B$12.08B$13.21B
Gross profit$2.00B$2.11B$2.43B$2.64B$9.17B
Operating income$1.16B$1.20B$1.31B$1.36B$1.58B
Net income$952.8M$981.9M$1.03B$1.05B$1.21B
EPS (diluted)$7.39$7.99$8.51$8.86$10.39
Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026Q4 2026Q1 2027
Revenue$2.89B$3.16B$3.27B$3.04B$3.10B$3.35B$3.72B$3.20B
Net income$215.1M$323.4M$303.8M$257.8M$237.2M$306.8M$404.9M$233.4M
EPS (diluted)$1.82$2.74$2.58$2.19$2.03$2.65$3.52$2.04
FY 2022FY 2023FY 2024FY 2025FY 2026
Operating cash flow$1.26B$1.55B$1.61B$1.71B$1.85B
Capital expenditure-$399.1M-$593.8M-$628.3M-$671.9M-$734.0M
Free cash flow$857.0M$951.8M$983.6M$1.04B$1.12B
Dividends paid-$563.0M-$589.8M-$628.4M-$658.5M-$693.0M
Net share buybacks-$1.03B-$423.3M-$410.3M-$362.6M-$646.7M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$220.5M
Total assets
$13.23B
Total liabilities
$11.16B
Total debt
$6.63B
Net debt
$6.41B
Shareholders’ equity
$2.07B

As of Aug 30, 2026 (filed Oct 2, 2026).

Dividends

Ex-dateAmountPaid
Oct 9, 2026$1.62Nov 2, 2026
Jul 10, 2026$1.62Aug 3, 2026
Apr 10, 2026$1.50May 1, 2026
Jan 9, 2026$1.50Feb 2, 2026
Oct 10, 2025$1.50Nov 3, 2025
Jul 10, 2025$1.50Aug 1, 2025
Apr 10, 2025$1.40May 1, 2025
Jan 10, 2025$1.40Feb 3, 2025

Short interest

Shares sold short
6,118,094
Days to cover
5.56
Change vs previous report
-8.0%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Nov 10, 2015
10,000-for-8,939
May 2, 2002
3-for-2