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Dutch Bros BROS Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin25.3%-0.6pp25.9%-0.4pp26.3%-0.4pp26.7%+0.4pp26.3%-0.2pp
Operating margin9.4%-0.4pp9.8%+0.5pp9.3%+0.1pp9.2%+1.0pp8.2%-0.1pp
Net margin4.6%-0.3pp4.9%+0.8pp4%
Returns
Return on equity12.4%-0.7pp13.1%+2.6pp10.5%
Return on invested capital11.4%-0.6pp12%+1.0pp11%+0.4pp10.6%+1.0pp9.6%-0.5pp
Efficiency
Asset turnover0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×
Liquidity
Current ratio1.3×-0.2×1.5×0.0×1.5×-0.1×1.6×-0.3×1.9×+0.2×
Leverage
Debt-to-equity1.6×0.0×1.6×0.0×1.6×0.0×1.5×-0.2×1.7×0.0×
Net debt / EBITDA+0.1×-0.1×3.1×0.0×3.1×-0.3×3.4×+0.1×
Per Share
Book value per share$5.47+1.0%$5.41+5.0%$5.15+2.8%$5.02+1.7%$4.93-4.5%
Valuation
Market capitalization$6.44B-17.2%$7.78B+17.0%$6.65B-25.6%$8.93B+24.5%$7.18B+20.4%
Price / earnings79.9×-17.5×97.4×-9.6×107×
Price / sales3.7×-1.1×4.7×+0.4×4.3×-1.8×6.2×+0.9×5.3×+0.6×
Price / book9.2×-2.2×11.4×+1.3×10.1×-3.9×14×+2.1×12×+0.9×
EV / EBITDA25.1×-6.0×31.1×+1.7×29.4×-11.2×40.6×+3.1×37.6×+4.4×

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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.