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Dutch Bros BROS Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin25.3%-1.1pp25.9%-0.7pp26.3%+0.2pp26.7%+0.2pp26.3%-0.3pp
Operating margin9.4%+1.2pp9.8%+1.6pp9.3%+1.5pp9.2%+1.7pp8.2%+1.3pp
Net margin4.6%+1.4pp4.9%+2.1pp4%3.9%3.2%
Returns
Return on equity12.4%+3.9pp13.1%+5.3pp10.5%10%8.6%
Return on invested capital11.4%+1.8pp12%+1.9pp11%+1.8pp10.6%+1.6pp9.6%+1.1pp
Efficiency
Asset turnover0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×-0.1×
Liquidity
Current ratio1.3×-0.6×1.5×-0.3×1.5×-0.4×1.6×-0.5×1.9×-0.3×
Leverage
Debt-to-equity1.6×-0.1×1.6×-0.2×1.6×-0.2×1.5×-0.2×1.7×-0.4×
Net debt / EBITDA-0.3×-0.3×3.1×-0.5×3.1×-0.9×3.4×-0.7×
Per Share
Book value per share$5.47+10.9%$5.41+4.9%$5.15+12.6%$5.02+0.8%$4.93-1.4%
Valuation
Market capitalization$6.44B-10.3%$7.78B+30.4%$6.65B+82.3%$8.93B+127%$7.18B+133%
Price / earnings79.9×-84.9×97.4×-71.7×107×156.1×164.8×
Price / sales3.7×-1.6×4.7×+0.1×4.3×+1.3×6.2×+2.6×5.3×+2.3×
Price / book9.2×-2.7×11.4×+0.3×10.1×+3.2×14×+6.3×12×+4.6×
EV / EBITDA25.1×-12.5×31.1×-2.1×29.4×+5.5×40.6×+13.0×37.6×+12.7×

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Questions, answered.

What are Dutch Bros's profit margins?
Dutch Bros (BROS) runs a 25.3% gross margin and a 9.4% operating margin, with a 4.6% net margin.
Where do Dutch Bros's ratios come from?
Every ratio is computed from Dutch Bros's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.