Dutch Bros BROS Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 25.3%-0.6pp | 25.9%-0.4pp | 26.3%-0.4pp | 26.7%+0.4pp | 26.3%-0.2pp | |
| Operating margin | 9.4%-0.4pp | 9.8%+0.5pp | 9.3%+0.1pp | 9.2%+1.0pp | 8.2%-0.1pp | |
| Net margin | 4.6%-0.3pp | 4.9%+0.8pp | 4%— | —— | —— | |
| Returns | ||||||
| Return on equity | 12.4%-0.7pp | 13.1%+2.6pp | 10.5%— | —— | —— | |
| Return on invested capital | 11.4%-0.6pp | 12%+1.0pp | 11%+0.4pp | 10.6%+1.0pp | 9.6%-0.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.3×-0.2× | 1.5×0.0× | 1.5×-0.1× | 1.6×-0.3× | 1.9×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 1.6×0.0× | 1.6×0.0× | 1.6×0.0× | 1.5×-0.2× | 1.7×0.0× | |
| Net debt / EBITDA | 3×+0.1× | 3×-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 / earnings | 79.9×-17.5× | 97.4×-9.6× | 107×— | —— | —— | |
| Price / sales | 3.7×-1.1× | 4.7×+0.4× | 4.3×-1.8× | 6.2×+0.9× | 5.3×+0.6× | |
| Price / book | 9.2×-2.2× | 11.4×+1.3× | 10.1×-3.9× | 14×+2.1× | 12×+0.9× | |
| EV / EBITDA | 25.1×-6.0× | 31.1×+1.7× | 29.4×-11.2× | 40.6×+3.1× | 37.6×+4.4× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
