What does payment of tax receivable agreement mean?

Represents cash payments made to pre-IPO shareholders or partners under a Tax Receivable Agreement, typically triggered by the realization of tax benefits. These payments reflect the obligation to share tax savings resulting from the step-up in tax basis of assets. It is a critical component for understanding future cash outflows related to corporate structure and historical ownership.

Driven Brands Holdings Inc. DRVN Payment of Tax Receivable Agreement

Payment of Tax Receivable Agreement at other companies

Shake ShackSHAK

$9.25K—

Nextpower Inc. NXT

$24.48M+57.8%

PJT PartnersPJT

$0-100%

Ryan Specialty HoldingsRYAN

$6.29M+16.6%

Moelis & CompanyMC

$32.21M—

Virtu FinancialVIRT

$15.4M-25.9%

Other financials

Income statement

See full

Revenue$484.4M+8.2%

Operating income$67.4M+23.2%

Net income$54.8M+452%

EPS (diluted)$0.33+450%

Balance sheet

See full

Cash & equivalents$180.0M+9.9%

Total debt$2.2B-28.9%

Total equity$796.7M+37.0%

Total assets$3.5B-34.7%

Cash flow

See full

Operating cash flow$57.2M-25.1%

CapEx$34.1M-49.7%

Free cash flow$23.1M+169%

Valuation

See full

Market cap$2.05B-26.2%

Enterprise value$4.08B-28.7%

P/E11.1×—

P/S1.1×-0.5×

Profitability

See full

Operating margin12.8%+2.1pp

Net margin9.7%+6.0pp

FCF margin6.4%—

Returns & leverage

See full

Return on equity26.9%+16.7pp

Debt / equity2.8×-2.6×

Current ratio1.4×+0.1×

Where this comes from

Reported directly by Driven Brands Holdings Inc. in its filing.

Tagged under the XBRL concept drvn:PaymentOfTaxReceivableAgreement.

The official record: Driven Brands Holdings Inc.’s 10-Q, filed June 11, 2026, on SEC EDGAR. View the filing →

Ask your AI about Driven Brands Holdings Inc.'s payment of tax receivable agreement.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Driven Brands Holdings Inc.'s payment of tax receivable agreement?: Driven Brands Holdings Inc. (DRVN) reported payment of tax receivable agreement of -$21.63M in Q1 2026.
What does payment of tax receivable agreement mean?: Represents cash payments made to pre-IPO shareholders or partners under a Tax Receivable Agreement, typically triggered by the realization of tax benefits. These payments reflect the obligation to share tax savings resulting from the step-up in tax basis of assets. It is a critical component for understanding future cash outflows related to corporate structure and historical ownership.