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Dutch Bros BROS Return on invested capital

Return on invested capital at other companies

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StarbucksSBUX
14%-5.5pp
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BRCBRCC
-17.4%-30.0pp
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3.4%+2.0pp
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-5.7%-2.0pp
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7.8%-8.4pp
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Wendy'sWEN
8.3%+1.3pp

Other financials

Income statement

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Revenue$550.9M+32.5%
Gross profit$151.1M+25.8%
Operating income$70.4M+28.8%
Net income$37.4M+46.0%
EPS (diluted)$0.28+40.0%

Balance sheet

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Cash & equivalents$268.6M+5.6%
Total debt$1.2B+21.4%
Total equity$797.7M+25.4%
Total assets$3.4B+20.1%

Cash flow

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Operating cash flow$112.2M+24.8%
CapEx$72.3M+33.3%
Free cash flow$39.9M+11.9%

Valuation

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Market cap$9.01B+22.8%
Enterprise value$9.93B+23.2%
P/E97.5×-30.6×
P/S4.8×-0.3×

Profitability

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Gross margin25.1%-1.6pp
Operating margin9.6%+0.3pp
Net margin4.9%+1.0pp
FCF margin5%0.0pp

Returns & leverage

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Return on equity12.9%+2.9pp
Debt / equity1.5×0.0×
Current ratio1.4×-0.3×

Where this comes from

Calculated from Dutch Bros’s reported figures.

Based on trailing twelve months.

The source filing: Dutch Bros’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 5, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001866581-26-000133

FAQ

What is Dutch Bros's return on invested capital?
Dutch Bros (BROS) reported return on invested capital of 11.7% in Q2 2026.
How has Dutch Bros's return on invested capital changed year-over-year?
Dutch Bros's return on invested capital increased by 10.0% year-over-year, from 10.6% to 11.7%.
What is the long-term trend for Dutch Bros's return on invested capital?
Over 3 years (2021 to 2025), Dutch Bros's return on invested capital has grown at a -56.0% compound annual growth rate (CAGR), from -140.9% to 12%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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