Dutch Bros Inc.

Dutch Bros Inc.

36.16
CHF
-3.95
(-9.85%)
0.82EPS
Nov 04Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.1
7
10.86
14.25
15.56
12.38
13.07
14.6
Basic EPS, GAAP
0.61
- -
-0.28
-0.09
0.03
0.34
0.64
0.72
Free Cash Flow per Basic Share
0.37
0.28
-0.83
-2.47
-1.43
0.24
0.43
0.74
Dividend per Share
0.14
0.17
4.65
- -
- -
- -
- -
- -
Book Value per Share
1.67
1.62
1.9
2.23
4.52
4.66
5.36
5.78
Tangible Book Value per Share
1.09
1
1.3
1.7
4.18
4.63
5.35
5.78
Basic Weighted Avg Shares
47
47
46
52
62
104
125
129
Sales/Revenue/Turnover
238
327
498
739
966
1,281
1,638
1,882
Operating Margin (%)
12.71
3.36
-22.34
-0.35
4.79
8.28
9.84
9.57
Depreciation Expense
10
16
25
45
69
93
115
135
Net Income, GAAP
28
- -
-13
-5
2
35
80
92
Effective Tax Rate (%)
0.31
12.22
- -
- -
41.18
21.72
13.53
16.28
Profit Margin (%)
11.91
- -
-2.55
-0.64
0.18
2.75
4.87
4.91
Working Capital
4
3
-77
-130
67
155
117
91
LT Debt
44
74
83
495
652
898
1,049
1,162
Total Equity
78
76
214
252
676
764
898
975
Return on Invested Capital (%)
- -
6.5
- -
- -
2.44
5.43
7.55
7.52
Return on Capital (%)
- -
-1.87
- -
- -
1.12
1.65
3.62
3.84
Return on Common Equity (%)
- -
- -
-14.87
-4.25
0.7
7.82
13.11
12.88

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
40
43
46
LT Borrowings
196
195
195
LT Finance Leases
852
922
967
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
127
127
138
Market Capitalization
6,471
6,780
- -

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
357
340
352
Cash, Cash Equivalents & STI
269
264
269
Accounts Receivable, Net
18
19
19
Inventories
49
37
41
Total Current Liabilities
240
255
261
Payables & Accruals
38
99
114
ST Debt
40
43
46
Deferred Revenue
56
57
47

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
79.59%
17.54%
Free Cash Flow
- -
-39.12%
120.34%
Net Income, GAAP
- -
- -
126.45%
Sales/Revenue/Turnover
- -
38.34%
27.88%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
275
325
338
343
1,281
2025
355
416
424
444
1,638
2026
464
551
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.12
0.11
0.03
0.34
2025
0.13
0.2
0.14
0.17
0.64
2026
0.13
0.28
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Christine Barone
Full Time Employees
32,000
Sector
Consumer services
Industry
Restaurants
Address
1930 W Rio Salado Pkwy Tempe AZ United States 85281
IPO Date
Sep 15, 2021
Business
Dutch Bros Inc. (NYSE: BROS) operates and franchises drive-thru coffee shops focused on hand-crafted beverages with an emphasis on speed and service. The company offers espresso-based drinks including hot and cold options; cold brew coffee; proprietary Blue Rebel energy drinks; teas; lemonades; smoothies; freezes; hot cocoa; and limited snacks such as muffin tops and granola bars. Dutch Bros serves a broad customer base including commuters, students, and younger adults through its customizable menu featuring unique flavor combinations and seasonal specials. Founded in 1992 by brothers Dane and Travis Boersma with a pushcart in Grants Pass, Oregon, Dutch Bros is headquartered in Tempe, Arizona, following a relocation announced in June 2025 after initial moves in 2024. The company operates approximately 1,081 locations across 24 states, primarily in the western U.S. with expansion reaching Florida, through a mix of company-owned and franchised shops; it shifted away from new franchising in 2017 to prioritize company-operated growth. Recent developments include a licensing agreement with Trilliant Food & Nutrition LLC announced in early 2025 to launch Dutch Bros-branded coffee and beverages in 50,000 U.S. retail outlets; opening of a 65,000-square-foot distribution and roasting center in Melissa, Texas, in 2024; strong Q3 2025 financial results with 25% year-over-year revenue growth and 5.7% same-shop sales increase; and ambitious expansion plans targeting 2,029 shops by 2029 supported by mobile ordering enhancements introduced late 2024 and a planned food menu expansion in 2026.

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