BROS Stock Analysis: Dutch Bros | NYSE
Restaurants | NYSE, USA | Market Cap: 11.404m USD | 12M Return: -1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 247M
EPS Trend: 92.6%
Qual. Beats: 0
Rev. Trend: 100.0%
Qual. Beats: 8
Warnings
Tailwinds
No distinct edge detected
Seasonality 4.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Dutch Bros Inc. (BROS) operates and franchises drive-thru coffee shops across the United States, selling coffee, related beverages, and accessories. Its business is organized into two segments: Company-Operated Shops and Franchising and Other, with its products sold under the Dutch Bros and Blue Rebel brands. Founded in 1992, the company is headquartered in Tempe, Arizona, and trades on the NYSE as a large-cap Consumer Discretionary stock within the GICS Restaurants sub-industry.
The drive-thru-only format is a defining feature of the business model, distinguishing it from traditional café-based coffee chains by emphasizing speed, high volume, and lower build-out costs per location. The dual company-operated and franchise structure is also standard within the U.S. restaurant industry, allowing Dutch Bros to expand its footprint while generating revenue from franchise fees, royalties, and supply distribution in addition to direct retail sales.
- New shop openings drive double-digit unit growth
- Same-shop sales growth lifts company-operated segment revenue
- Coffee and dairy input costs pressure restaurant-level margins
| Net Income: 80.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 1.76 > 1.0 |
| NWC/Revenue: 4.88% < 20% (prev 13.68%; Δ -8.79% < -1%) |
| CFO/TA 0.11 > 3% & CFO 343.4m > Net Income 80.6m |
| Net Debt (1.86b) to EBITDA (265.1m): 7.01 < 3 |
| Current Ratio: 1.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (127.4m) vs 12m ago 4.84% < -2% |
| Gross Margin: 25.18% > 18% (prev 26.32%; Δ -1.14% > 0.5%) |
| Asset Turnover: 59.53% > 50% (prev 49.22%; Δ 10.31% > 0%) |
| Interest Coverage Ratio: 5.42 > 6 (EBIT TTM 152.4m / Interest Expense TTM 28.1m) |
| A: 0.03 (Total Current Assets 340.5m - Total Current Liabilities 255.2m) / Total Assets 3.11b |
| B: 0.04 (Retained Earnings 115.6m / Total Assets 3.11b) |
| C: 0.05 (EBIT TTM 152.4m / Avg Total Assets 2.94b) |
| D: 0.32 (Book Value of Equity 696.4m / Total Liabilities 2.18b) |
| Altman-Z'' = 0.99 = BB |
| DSRI: 1.26 (Receivables 18.8m/11.6m, Revenue 1.75b/1.36b) |
| GMI: 1.05 (GM 26.32% / 25.18%) |
| AQI: 0.90 (AQ_t 0.31 / AQ_t-1 0.35) |
| SGI: 1.28 (Revenue 1.75b / 1.36b) |
| TATA: -0.08 (NI 80.6m - CFO 343.4m) / TA 3.11b) |
| Beneish M = -2.64 (Cap -4..+1) = A |
As of July 10, 2026, the stock is trading at USD 65.64 with a total of 3,120,511 shares traded. Over the past week, the price has changed by -10.46%, over one month by +13.58%, over three months by +17.53% and over the past year by -1.03%.
Current recommended Stop Loss: 60.90 (which is 7.2% or 1.4 ATR below the current price).
Dutch Bros has received a consensus analysts rating of 4.71. Therefore, it is recommended to buy BROS.
- StrongBuy: 18
- Buy: 5
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 79.4 | 20.9% |
P/E Trailing = 102.0078
P/E Forward = 75.188
P/S = 6.5263
P/B = 14.2148
P/EG = 2.592
Revenue TTM = 1.75b USD
EBIT TTM = 152.4m USD
EBITDA TTM = 265.1m USD
Long Term Debt = 195.4m USD (from longTermDebt, last quarter)
Short Term Debt = 43.0m USD (from shortTermDebt, last quarter)
Debt = 2.12b USD (from shortLongTermDebtTotal, last quarter) + Leases 961.0m
Net Debt = 1.86b USD (calculated: Debt 2.12b - CCE 263.5m)
Enterprise Value = 13.3b USD (11.4b + Debt 2.12b - CCE 263.5m)
Interest Coverage Ratio = 5.42 (Ebit TTM 152.4m / Interest Expense TTM 28.1m)
EV/FCF = 146.1x (Enterprise Value 13.3b / FCF TTM 90.8m)
FCF Yield = 0.68% (FCF TTM 90.8m / Enterprise Value 13.3b)
FCF Margin = 5.20% (FCF TTM 90.8m / Revenue TTM 1.75b)
Net Margin = 4.61% (Net Income TTM 80.6m / Revenue TTM 1.75b)
Gross Margin = 25.18% ((Revenue TTM 1.75b - Cost of Revenue TTM 1.31b) / Revenue TTM)
Gross Margin QoQ = 22.83% (prev 24.15%)
Tobins Q-Ratio = 4.27 (Enterprise Value 13.3b / Total Assets 3.11b)
Interest Expense / Debt = 1.33% (Interest Expense 28.1m / Debt 2.12b)
Taxrate = 14.59% (20.2m / 138.7m)
NOPAT = 130.2m (EBIT 152.4m * (1 - 14.59%))
Current Ratio = 1.33 (Total Current Assets 340.5m / Total Current Liabilities 255.2m)
Debt / Equity = 3.05 (Debt 2.12b / totalStockholderEquity, last quarter 696.4m)
Debt / EBITDA = 7.01 (Net Debt 1.86b / EBITDA 265.1m)
Debt / FCF = 20.46 (Net Debt 1.86b / FCF TTM 90.8m)
Total Stockholder Equity = 667.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.75% (Net Income 80.6m / Total Assets 3.11b)
RoE = 12.07% (Net Income TTM 80.6m / Total Stockholder Equity 667.5m)
RoCE = 17.66% (EBIT 152.4m / Capital Employed (Equity 667.5m + L.T.Debt 195.4m))
RoIC = 4.64% (NOPAT 130.2m / Invested Capital 2.81b)
WACC = 8.91% (E(11.4b)/V(13.5b) * Re(10.36%) + D(2.12b)/V(13.5b) * Rd(1.33%) * (1-Tc(0.15)))
Discount Rate = 10.36% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 26.28%
[DCF] Terminal Value 76.17% ; FCFF base≈67.4m ; Y1≈77.3m ; Y5≈113.7m
[DCF] Fair Price = N/A (negative equity: EV 1.56b - Net Debt 1.86b = -300.8m; debt exceeds intrinsic value)
EPS Correlation: 92.63 | EPS CAGR: 56.84% | SUE: 0.38 | # QB: 0
Revenue Correlation: 99.96 | Revenue CAGR: 30.04% | SUE: 2.08 | # QB: 8
EPS current Quarter (2026-06-30): EPS=0.30 | Chg30d=-0.77% | Revisions=-17% | Analysts=18
EPS next Quarter (2026-09-30): EPS=0.25 | Chg30d=-1.00% | Revisions=-12% | Analysts=18
EPS current Year (2026-12-31): EPS=0.94 | Chg30d=-0.15% | Revisions=+57% | GrowthEPS=+23.5% | GrowthRev=+27.1%
EPS next Year (2027-12-31): EPS=1.25 | Chg30d=+0.46% | Revisions=+38% | GrowthEPS=+33.5% | GrowthRev=+23.1%
[Analyst] Revisions Ratio: +25% (up=11, down=6)