(BROS) Dutch Bros - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US26701L1008

Coffee, Energy Drink, Smoothies, Shakes

Stock: Restaurants
Age 4.4y

MCap 10,229m
Avg Vol 2.77M (172M USD)

Beta 1.634
Volatility 50.83%

EPS (Earnings per Share)

EPS CAGR: 8.38%
EPS Trend: 49.0%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 34.32%
Rev. Trend: 98.3%

Last SUE: 1.31
Qual. Beats: 6

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	50.8%
Value at Risk 5%th	69.1%
Relative Tail Risk	-17.39%

Reward TTM
Sharpe Ratio	0.26
Alpha	-21.14
CAGR/Max DD	0.48

Character TTM
Hurst Exponent	0.524
Beta	1.634
Beta Downside	1.748

Drawdowns 3y
Max DD	44.17%
Mean DD	22.78%
Median DD	25.57%

Description: BROS Dutch Bros January 03, 2026

Dutch Bros Inc. (NYSE:BROS) operates a network of drive-thru coffee shops across the United States, split between Company-Operated Shops and franchised locations. The brand portfolio includes Dutch Bros, Dutch Bros Coffee, Dutch Bros Rebel, and Blue Rebel, all sold primarily through physical drive-thru outlets and online ordering channels.

Founded in 1992 and headquartered in Grants Pass, Oregon, the company reported FY 2023 revenue of approximately $1.5 billion and grew its store count to roughly 800 locations, with franchisees now accounting for about 30 percent of total outlets. Same-store sales rose ~15 percent year-over-year, driven by higher average ticket size (≈ $7.20) and strong demand for the higher-margin Rebel energy-drink line.

Key economic drivers for Dutch Bros include discretionary consumer spending trends, coffee bean price volatility, and labor-cost inflation-factors that disproportionately affect drive-thru concepts with lower overhead than full-service cafés. At the sector level, the continued shift toward on-the-go coffee consumption and the expansion of franchise models are boosting scalability and cash-flow generation for players like Dutch Bros.

For a deeper, data-rich analysis of Dutch Bros’ valuation and scenario modeling, consult the ValueRay platform.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income: 62.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA 2.67 > 1.0
NWC/Revenue: 7.59% < 20% (prev 13.55%; Δ -5.96% < -1%)
CFO/TA 0.10 > 3% & CFO 278.1m > Net Income 62.1m
Net Debt (769.4m) to EBITDA (239.2m): 3.22 < 3
Current Ratio: 1.52 > 1.5 & < 3
Outstanding Shares: last quarter (127.4m) vs 12m ago 11.49% < -2%
Gross Margin: 26.33% > 18% (prev 0.26%; Δ 2607 % > 0.5%)
Asset Turnover: 57.43% > 50% (prev 49.04%; Δ 8.40% > 0%)
Interest Coverage Ratio: 5.09 > 6 (EBITDA TTM 239.2m / Interest Expense TTM 27.4m)

Altman Z'' (< 1.1 .. > 2.6) 0.74

A: 0.04 (Total Current Assets 341.1m - Total Current Liabilities 224.5m) / Total Assets 2.92b
B: 0.03 (Retained Earnings 78.1m / Total Assets 2.92b)
C: 0.05 (EBIT TTM 139.3m / Avg Total Assets 2.68b)
D: 0.04 (Book Value of Equity 78.3m / Total Liabilities 2.06b)
Altman-Z'' Score: 0.74 = B

ValueRay F-Score (Strict, 0-100) 65.99

1. Piotroski: 7.0pt
2. FCF Yield: 0.59%
3. FCF Margin: 4.25%
4. Debt/Equity: 1.58
5. Debt/Ebitda: 3.22
6. ROIC - WACC: 2.10%
7. RoE: 10.22%
8. Revenue Trend: 98.30%
9. EPS Trend: 49.04%

What is the price of BROS shares?

As of January 23, 2026, the stock is trading at USD 61.18 with a total of 3,002,602 shares traded.
Over the past week, the price has changed by -2.10%, over one month by -4.97%, over three months by +6.42% and over the past year by +1.90%.

Is BROS a buy, sell or hold?

Dutch Bros has received a consensus analysts rating of 4.56. Therefore, it is recommended to buy BROS.

Strong Buy: 10
Buy: 5
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the BROS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	77	25.8%
Analysts Target Price	77	25.8%
ValueRay Target Price	63.9	4.5%

BROS Fundamental Data Overview January 18, 2026

P/E Trailing = 126.8367
P/E Forward = 68.4932
P/S = 6.6539
P/B = 11.8294
Revenue TTM = 1.54b USD
EBIT TTM = 139.3m USD
EBITDA TTM = 239.2m USD
Long Term Debt = 196.0m USD (from longTermDebt, last quarter)
Short Term Debt = 36.5m USD (from shortTermDebt, last quarter)
Debt = 1.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 769.4m USD (from netDebt column, last quarter)
Enterprise Value = 11.00b USD (10.23b + Debt 1.04b - CCE 267.2m)
Interest Coverage Ratio = 5.09 (Ebit TTM 139.3m / Interest Expense TTM 27.4m)
EV/FCF = 168.2x (Enterprise Value 11.00b / FCF TTM 65.4m)
FCF Yield = 0.59% (FCF TTM 65.4m / Enterprise Value 11.00b)
FCF Margin = 4.25% (FCF TTM 65.4m / Revenue TTM 1.54b)
Net Margin = 4.04% (Net Income TTM 62.1m / Revenue TTM 1.54b)
Gross Margin = 26.33% ((Revenue TTM 1.54b - Cost of Revenue TTM 1.13b) / Revenue TTM)
Gross Margin QoQ = 25.21% (prev 28.87%)
Tobins Q-Ratio = 3.76 (Enterprise Value 11.00b / Total Assets 2.92b)
Interest Expense / Debt = 0.65% (Interest Expense 6.70m / Debt 1.04b)
Taxrate = 21.92% (7.66m / 34.9m)
NOPAT = 108.8m (EBIT 139.3m * (1 - 21.92%))
Current Ratio = 1.52 (Total Current Assets 341.1m / Total Current Liabilities 224.5m)
Debt / Equity = 1.58 (Debt 1.04b / totalStockholderEquity, last quarter 656.6m)
Debt / EBITDA = 3.22 (Net Debt 769.4m / EBITDA 239.2m)
Debt / FCF = 11.76 (Net Debt 769.4m / FCF TTM 65.4m)
Total Stockholder Equity = 607.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.32% (Net Income 62.1m / Total Assets 2.92b)
RoE = 10.22% (Net Income TTM 62.1m / Total Stockholder Equity 607.3m)
RoCE = 17.34% (EBIT 139.3m / Capital Employed (Equity 607.3m + L.T.Debt 196.0m))
RoIC = 12.99% (NOPAT 108.8m / Invested Capital 837.6m)
WACC = 10.89% (E(10.23b)/V(11.27b) * Re(11.94%) + D(1.04b)/V(11.27b) * Rd(0.65%) * (1-Tc(0.22)))
Discount Rate = 11.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 41.42%
[DCF Debug] Terminal Value 58.44% ; FCFF base≈65.4m ; Y1≈42.9m ; Y5≈19.6m
Fair Price DCF = N/A (negative equity: EV 257.6m - Net Debt 769.4m = -511.8m; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 49.04 | EPS CAGR: 8.38% | SUE: -4.0 | # QB: 0
Revenue Correlation: 98.30 | Revenue CAGR: 34.32% | SUE: 1.31 | # QB: 6
EPS next Quarter (2026-03-31): EPS=0.18 | Chg30d=+0.001 | Revisions Net=+2 | Analysts=16
EPS next Year (2026-12-31): EPS=0.90 | Chg30d=+0.004 | Revisions Net=+0 | Growth EPS=+32.8% | Growth Revenue=+25.6%

Additional Sources for BROS Stock

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