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Dutch Bros BROS EV / sales

EV / sales at other companies

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StarbucksSBUX
3.2×-0.5×
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Yum! BrandsYUM
5.3×-0.4×
The J.M. Smucker Company logo
The J.M. Smucker CompanySJM
1.9×-0.4×
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Restaurant Brands InternationalQSR
4.2×0.0×
McDonald's logo
McDonald'sMCD
10×-0.7×
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Keurig Dr PepperKDP
2.5×-1.4×

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 EV / sales?
Dutch Bros (BROS) reported EV / sales of 4.2× in Q1 2026.
How has Dutch Bros's EV / sales changed year-over-year?
Dutch Bros's EV / sales decreased by 27.7% year-over-year, from 5.8× to 4.2×.
What is the long-term trend for Dutch Bros's EV / sales?
Over 4 years (2021 to 2025), Dutch Bros's EV / sales has grown at a 0.8% compound annual growth rate (CAGR), from 5.1× to 5.2×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.