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Dutch Bros BROS Debt-to-assets

Debt-to-assets at other companies

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StarbucksSBUX
0.8×0.0×
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Yum! BrandsYUM
0.4×+0.2×
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The J.M. Smucker CompanySJM
0.4×0.0×
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Restaurant Brands InternationalQSR
0.6×0.0×
McDonald's logo
McDonald'sMCD
0.9×0.0×
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Keurig Dr PepperKDP
0.3×+0.1×

Other financials

Income statement

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Revenue$464.4M+30.8%
Gross profit$107.5M+19.4%
Operating income$34.3M+10.4%
Net income$16.1M+4.8%
EPS (diluted)$0.130.0%

Balance sheet

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Cash & equivalents$263.5M-16.7%
Total debt$1.1B+12.1%
Total equity$696.4M+16.3%
Total assets$3.1B+12.3%

Cash flow

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Operating cash flow$84.7M+130%
CapEx$57.0M+25.1%
Free cash flow$27.7M+420%

Valuation

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Market cap$9.7B-10.3%
Enterprise value$10.58B-7.2%
P/E120.4×-128×
P/S5.6×-2.4×

Profitability

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Gross margin25.3%-1.1pp
Operating margin9.4%+1.2pp
Net margin4.6%+1.4pp
FCF margin5.2%+2.8pp

Returns & leverage

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Return on equity12.4%+3.9pp
Debt / equity1.6×-0.1×
Current ratio1.3×-0.6×

Where this comes from

Calculated from Dutch Bros’s reported figures.

Based on the most recent quarter.

The official record: Dutch Bros’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dutch Bros's debt-to-assets?
Dutch Bros (BROS) reported debt-to-assets of 0.4× in Q1 2026.
How has Dutch Bros's debt-to-assets changed year-over-year?
Dutch Bros's debt-to-assets decreased by 0.2% year-over-year, from 0.4× to 0.4×.
What is the long-term trend for Dutch Bros's debt-to-assets?
Over 5 years (2020 to 2025), Dutch Bros's debt-to-assets has grown at a 25.3% compound annual growth rate (CAGR), from 0.1× to 0.4×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.