Krispy Kreme, Inc. Financial Ratios — DNUT Stock

Profitability (USD)

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	-9.06	-2.56	-1.29	-3.21	0.27	-57.8
Return on Assets (%)	- -	- -	-2.17	-0.79	-0.5	-1.19	0.1	-18.21
Return on Capital (%)	- -	- -	- -	- -	- -	- -	0.54	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	-0.07	- -
Gross Margin (%)	69.03	72.69	72.29	74.42	73.45	73.71	75.43	75.53
EBITDA Margin (%)	10.54	10.61	7.55	10.31	9.1	8.25	7.5	-21.82
Operating Margin (%)	5.41	5.48	1.41	3.37	2.17	2.5	-0.05	-2.19
Incremental Operating Margin (%)	- -	5.79	- -	11.74	- -	5.74	207.82	22.7
Pretax Margin (%)	-2.23	-2.23	-4.62	-0.3	-0.53	-2.43	1.19	-35.77
Profit Margin (%)	-1.77	-3.9	-5.73	-1.77	-1.02	-2.25	0.19	-33.87
Net Income to Common Margin (%)	-1.77	-3.9	-5.73	-1.77	-1.02	-2.25	0.19	-33.87
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	80.7	- -
Dvd Payout Ratio (%)	-276.13	-8.59	-0.07	-930.25	-1,215.25	-66.61	522.43	-2.24
Sustainable Growth Rate (%)	- -	- -	-9.07	-26.35	-16.93	-5.34	-1.13	-59.1

Credit (USD)

Credit Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	1,502	1,593	1,182	1,235	1,396	1,353	1,425
ST Debt	- -	93	87	87	83	105	103	117
LT Debt	- -	1,409	1,506	1,096	1,152	1,291	1,250	1,308
Total Debt/EBITDA	- -	14.76	18.82	8.29	8.87	10.04	10.84	-4.29
Net Debt/EBITDA	- -	10.46	13.39	4.75	5.34	6.14	6.98	-2.82
Total Debt/EBIT	- -	39.53	372.29	28.77	42.62	106.21	-154.88	-3.04
Net Debt/EBIT	- -	28.02	264.99	16.5	25.67	64.9	-99.82	-1.99
EBITDA to Interest Expense	1.79	1.7	1.48	3.32	4.08	2.76	2.08	-5.05
EBITDA-CapEx/Interest Expense	-3.42	-2.08	-1.54	-0.54	0.81	0.35	0.07	-6.54
EBIT to Interest Expense	0.92	0.88	0.28	1.09	0.97	0.84	-0.01	-0.51
Interest Expense	47	60	57	43	34	50	60	66
Common Equity/Total Assets	- -	25.56	22.37	39.16	38	36.09	36.93	25.07
Long-Term Debt/Equity (%)	- -	159.47	177.58	82.02	88.68	102.17	109.92	200.34
Long-Term Debt/Capital (%)	- -	59.06	61.7	43.51	45.46	48.54	50.2	62.94
Long-Term Debt/Total Assets (%)	- -	49.01	49.22	34.83	36.58	39.84	40.69	50.43
Total Debt/Equity (%)	- -	170.03	187.82	88.53	95.08	110.48	118.97	218.29
Total Debt/Capital (%)	- -	62.97	65.26	46.96	48.74	52.49	54.33	68.58
Total Debt/Total Assets (%)	- -	52.25	52.06	37.59	39.22	43.08	44.04	54.95
Net Debt to Equity	- -	120.54	133.69	50.79	57.26	67.5	76.68	143.3
Net Debt/Capital (%)	- -	45.31	47.17	27.36	29.77	32.54	35.43	45.96
EBITDA	84	102	85	143	139	139	125	-332
EBITDA-CapEx	-160	-125	-88	-23	28	18	4	-430
Operating Income (Loss)	43	53	16	47	33	42	-1	-33

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	0.1	0.08	0.07	0.07	0.07	0.06	0.09
Current Ratio	- -	0.31	0.33	0.3	0.35	0.33	0.36	0.38
Quick Ratio	- -	0.22	0.23	0.19	0.2	0.22	0.23	0.25
CFO/Avg Current Liab	- -	- -	0.07	0.28	0.27	0.09	0.09	0.07
Common Equity/Total Assets	- -	25.56	22.37	39.16	38	36.09	36.93	25.07
Long-Term Debt/Equity (%)	- -	159.47	177.58	82.02	88.68	102.17	109.92	200.34
Long-Term Debt/Capital (%)	- -	59.06	61.7	43.51	45.46	48.54	50.2	62.94
Long-Term Debt/Total Assets (%)	- -	49.01	49.22	34.83	36.58	39.84	40.69	50.43
Total Debt/Equity (%)	- -	170.03	187.82	88.53	95.08	110.48	118.97	218.29
Total Debt/Capital (%)	- -	62.97	65.26	46.96	48.74	52.49	54.33	68.58
Total Debt/Total Assets (%)	- -	52.25	52.06	37.59	39.22	43.08	44.04	54.95
CFO/Total Liabilities	- -	4.06	1.3	7.8	7.56	2.3	2.37	1.75
CFO/CapEx	0.61	0.36	0.17	0.85	1.25	0.38	0.38	0.35
Altman's Z-Score	- -	- -	- -	1.7	1.55	1.57	1.2	0.14

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	30.4	34.29	37.65	39.22	32.24	26.91
Days Sales Outstanding	- -	- -	12.01	10.65	9.69	9.31	11.32	13.57
Inventory Turnover	- -	- -	10.18	9.65	10.02	10.95	13.02	13.55
Days Inventory Outstanding	- -	- -	35.85	37.81	36.43	33.33	28.03	26.95
Accounts Payable Turnover	- -	- -	2.27	2.12	2.05	2.26	2.88	2.88
Accounts Payable Turnover Days	- -	- -	160.46	172.25	178.03	161.38	126.84	126.66
Cash Conversion Cycle	- -	- -	-112.6	-123.79	-131.9	-118.74	-87.49	-86.15
Inventory to Cash Days	- -	- -	-23.85	-27.17	-26.74	-24.03	-16.71	-13.38
Inventories	- -	23	39	35	46	35	28	27
Raw Materials	- -	14	16	15	21	21	21	18
Work In Process	- -	- -	1	1	- -	- -	- -	- -
Finished Goods	- -	8	21	19	25	14	7	9
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	2,706	2,158	2,391	1,560	695
- Cash & Cash Equivalents	- -	35	37	39	35	38	29	42
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	149	164	104	103	94	3	3
+ Total Debt	- -	1,502	1,593	1,182	1,235	1,396	1,353	1,425
Enterprise Value	- -	- -	- -	3,954	3,460	3,843	2,887	2,080
Total Capital	- -	2,386	2,442	2,518	2,534	2,660	2,490	2,078
Total Debt/Capital (%)	- -	62.97	65.26	46.96	48.74	52.49	54.33	68.58
Total Debt / EV	- -	- -	- -	0.3	0.36	0.36	0.47	0.69
EV/Sales	- -	- -	- -	2.86	2.26	2.28	1.73	1.37
EV/EBITDA	- -	- -	- -	27.71	24.85	27.64	23.12	- -
EV/EBIT	- -	- -	- -	96.2	119.41	292.38	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	50.27	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	2,389	2,149	2,386	1,574	692
Diluted Enterprise Value	- -	- -	- -	3,637	3,451	3,838	2,900	2,077
EV per Share	- -	- -	- -	23.64	20.58	22.79	16.98	12.12
TTM Sales	796	959	1,122	1,384	1,530	1,686	1,665	1,523
TTM EBITDA	84	102	85	143	139	139	125	-332
TTM Operating Income	43	53	16	47	33	42	-1	-33
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	57	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	-63	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	-97.1	76.48	-31.45	-20.99	-10.81
EV/EBIT	- -	- -	- -	96.2	119.41	292.38	- -	- -
Enterprise Value	- -	- -	- -	3,954	3,460	3,843	2,887	2,080
Low Price	- -	- -	- -	14	11.43	13.5	9.18	2.61
EV/Sales	- -	- -	- -	2.86	2.26	2.28	1.73	1.37
EV/EBITDA	- -	- -	- -	27.71	24.85	27.64	23.12	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	502.01	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	692.56	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	804.81	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	502.01	- -
Price/Book Value	- -	- -	- -	2.2	1.8	2.04	1.38	1.07
Price/Book Value Average	- -	- -	- -	2.02	1.92	2.07	1.9	1
Price/Book Value High	- -	- -	- -	2.2	2.35	2.25	2.2	2.37
Price/Book Value Low	- -	- -	- -	1.9	1.61	1.95	1.38	0.69
Price/Tangible Book Value	- -	- -	- -	-3.12	-2.52	-2.72	-2.13	-0.81
Price/Tangible Book Value Average	- -	- -	- -	-2.87	-2.68	-2.76	-2.94	-0.76
Price/Tangible Book Value High	- -	- -	- -	-3.12	-3.28	-2.99	-3.41	-1.79
Price/Tangible Book Value Low	- -	- -	- -	-2.7	-2.24	-2.59	-2.13	-0.52
Price/Sales	- -	- -	- -	1.73	1.4	1.42	0.93	0.45
Price/Sales Average	- -	- -	- -	1.58	1.5	1.44	1.29	0.43
Price/Sales High	- -	- -	- -	1.73	1.83	1.56	1.5	1.01
Price/Sales Low	- -	- -	- -	1.49	1.25	1.35	0.93	0.29
Price/Cash Flow	- -	- -	- -	16.92	15.37	52.4	33.9	20.4
Price/Cash Flow Average	- -	- -	- -	15.53	16.39	53.17	46.77	19.13
Price/Cash Flow High	- -	- -	- -	16.92	20.07	57.57	54.35	45.24
Price/Cash Flow Low	- -	- -	- -	14.64	13.69	49.88	33.9	13.13
Price/Free Cash Flow Average	- -	- -	- -	-89.16	81.56	-31.91	-28.96	-10.14
Price/Free Cash Flow High	- -	- -	- -	-97.1	99.86	-34.56	-33.65	-23.98
Price/Free Cash Flow Low	- -	- -	- -	-84.02	68.14	-29.93	-20.99	-6.96
EV/Sales Average	- -	- -	- -	2.7	2.36	2.3	2.09	1.34
EV/Sales High	- -	- -	- -	2.86	2.69	2.42	2.3	1.92
EV/Sales Low	- -	- -	- -	2.59	2.11	2.21	1.73	1.2
EV/EBITDA Average	- -	- -	- -	26.15	25.88	27.89	27.86	- -
EV/EBITDA High	- -	- -	- -	27.71	29.59	29.34	30.66	- -
EV/EBITDA Low	- -	- -	- -	25.15	23.16	26.81	23.12	- -
EV/EBIT Average	- -	- -	- -	90.81	124.35	295.05	- -	- -
EV/EBIT High	- -	- -	- -	96.2	142.17	310.35	- -	- -
EV/EBIT Low	- -	- -	- -	87.33	111.29	283.62	- -	- -
Last Price	- -	- -	- -	16.18	12.83	14.18	9.18	4.05
High Price	- -	- -	- -	16.18	16.76	15.58	14.71	8.98
Enterprise Value Average	- -	- -	- -	3,733	3,603	3,878	3,479	2,037
Enterprise Value High	- -	- -	- -	3,954	4,120	4,080	3,828	2,925
Enterprise Value Low	- -	- -	- -	3,589	3,224	3,728	2,887	1,832

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	160	161	161	167	168	169	170	172
Diluted Weighted Avg Shares	160	160	160	148	167	168	172	171
Basic Weighted Avg Shares	160	160	160	148	167	168	169	171
Revenue per Share	4.98	6.01	7.02	9.38	9.14	10.02	9.83	8.91
EBITDA per Share	0.53	0.64	0.53	0.97	0.83	0.83	0.74	-1.94
Operating Income per Share	0.27	0.33	0.1	0.32	0.2	0.25	-0.01	-0.19
Basic EPS, GAAP	-0.09	-0.23	-0.4	-0.17	-0.09	-0.23	0.02	-3.02
Basic EPS from Cont Ops	-0.08	-0.21	-0.38	-0.1	-0.05	-0.22	0.02	-3.06
Diluted EPS, GAAP	-0.09	-0.23	-0.4	-0.17	-0.09	-0.23	0.02	-3.02
Diluted EPS from Cont Ops	-0.08	-0.21	-0.38	-0.1	-0.05	-0.22	0.02	-3.06
Dividend per Share	0.19	0.02	- -	0.33	0.14	0.14	0.14	0.07
Cash Flow per Share	0.93	0.51	0.18	0.96	0.83	0.27	0.27	0.2
Free Cash Flow per Basic Share	-0.6	-0.91	-0.9	-0.17	0.17	-0.45	-0.44	-0.37
Cash & Equivalents per Share	- -	0.23	0.24	0.23	0.21	0.23	0.17	0.25
Book Value per Share	- -	4.57	4.26	7.36	7.12	6.94	6.67	3.79
Tangible Book Value per Share	- -	-8.08	-8.7	-5.18	-5.1	-5.21	-4.31	-5.01