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Dutch Bros BROS Net margin

Net margin at other companies

Starbucks logo
StarbucksSBUX
3.9%-4.7pp
Yum! Brands logo
Yum! BrandsYUM
20.5%+2.1pp
The J.M. Smucker Company logo
The J.M. Smucker CompanySJM
-14.1%-19.1pp
Restaurant Brands International logo
Restaurant Brands InternationalQSR
13.5%-1.7pp
McDonald's logo
McDonald'sMCD
31.6%-0.1pp
Keurig Dr Pepper logo
Keurig Dr PepperKDP
10.8%+0.2pp

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
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 trailing twelve months.

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 net margin?
Dutch Bros (BROS) reported net margin of 4.6% in Q1 2026.
How has Dutch Bros's net margin changed year-over-year?
Dutch Bros's net margin increased by 44.1% year-over-year, from 3.2% to 4.6%.
What is the long-term trend for Dutch Bros's net margin?
Over 3 years (2021 to 2025), Dutch Bros's net margin has grown at a -26.7% compound annual growth rate (CAGR), from -12.4% to 4.9%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.