DARDEN RESTAURANTS INC（DRI）の決算・業績分析
DARDEN RESTAURANTS INCの2025年有価証券報告書をAI分析。売上高$12.1B(+6.0%)。営業利益$1.4B。Consumer Discretionary。
目次
DARDEN RESTAURANTS INCの2025年度 業績サマリー
DARDEN RESTAURANTS INC（証券コード: DRI）の2025年度決算・業績分析。売上高は$12.1B（前年比+6.0%）。営業利益は$1.4B（前年比+3.7%）。純利益は$1.0B（前年比+2.1%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
DARDEN RESTAURANTS INCの2024年度 注目ポイント
※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。
- Revenue surged 33.8% YoY to $9.6B (XBRL), driven by strong performance across restaurant segments.
- Operating income grew 79.2% YoY to $1.2B (XBRL), with net income rising 51.4% to $953M (XBRL).
- ROE reached 33.9% (XBRL), reflecting strong equity returns despite a high debt-to-equity ratio of 2.86x (XBRL).
- Free cash flow (FCF) totaled $888M (XBRL), with $1.1B allocated to share repurchases (XBRL).
DARDEN RESTAURANTS INCの売上高変化の要因
- •Revenue increased 33.8% YoY to $9.6B (XBRL), with a 5-year CAGR of 5.4% (XBRL). Historical data shows revenue growth from $7.2B in FY2023 to $10.5B projected for FY2025 (XBRL). Operating income grew 79.2% YoY to $1.2B (XBRL), with a 5-year CAGR of 9.4% (XBRL). Net income rose 51.4% YoY to $953M (XBRL), reflecting a 5-year CAGR of 10.5% (XBRL).
DARDEN RESTAURANTS INCの営業利益変化の要因
- •Gross margin stood at 19.8% (XBRL), operating margin at 12.1% (XBRL), and net margin at 9.9% (XBRL). Operating income grew 79.2% YoY (XBRL), while EBITDA reached $1.5B (15.9% margin) (XBRL). Gross profit remained stable at $1.9B (XBRL).
DARDEN RESTAURANTS INCの事業リスクと対応
Inflation and rising costs for commodities, labor, healthcare, and utilities could compress margins (10-K).
Labor cost pressures from minimum wage increases and regulatory changes in employment practices (10-K).
Fluctuations in utility prices and service interruptions (10-K).
Macroeconomic risks like recession, inflation, and interest rates affecting consumer behavior (10-K).
Competitive pressures from market conditions, consumer preferences, and demographic trends (10-K).
DARDEN RESTAURANTS INCの今後の見通し・業績予想
DARDEN RESTAURANTS INCの事業内容
Darden Restaurants Inc. operates full-service restaurants and generates revenue through restaurant operations, franchising, and franchise royalties (10-K). Key segments include Olive Garden (largest Italian restaurant operator in the U.S.), LongHorn Steakhouse, Fine Dining (Ruth’s Chris, The Capital Grille, Eddie V’s), and Other Business (Cheddar’s, Yard House, Bahama Breeze, etc.) (10-K). The company does not report significant customer concentration, as revenue primarily derives from diners and franchisees (10-K). Competitive landscape details are not explicitly mentioned in the 10-K.
DARDEN RESTAURANTS INCのAI業績分析レポート（2024年度）
Darden Restaurants Inc. (DRI) FY2024 Annual Report Analysis
Highlights
Business Overview
Darden operates full-service restaurants and generates revenue through restaurant operations, franchising, and franchise royalties (10-K). Key segments include Olive Garden, LongHorn Steakhouse, Fine Dining (Ruth’s Chris, The Capital Grille, Eddie V’s), and Other Business (Cheddar’s, Yard House, Bahama Breeze, etc.) (10-K). No significant customer concentration is reported (10-K). Competitive landscape details are not explicitly mentioned in the 10-K.
Revenue Analysis
Revenue increased 33.8% YoY to $9.6B (XBRL), with a 5-year CAGR of 5.4% (XBRL). Operating income grew 79.2% YoY to $1.2B (XBRL), with a 5-year CAGR of 9.4% (XBRL). Net income rose 51.4% YoY to $953M (XBRL), reflecting a 5-year CAGR of 10.5% (XBRL). Historical data shows revenue growth from $7.2B in FY2023 to $10.5B projected for FY2025 (XBRL).
Profitability Analysis
Gross margin was 19.8% (XBRL), operating margin 12.1% (XBRL), and net margin 9.9% (XBRL). Operating income grew 79.2% YoY (XBRL), while EBITDA reached $1.5B (15.9% margin) (XBRL). Gross profit remained stable at $1.9B (XBRL).
Balance Sheet Analysis
Equity ratio was 27.5% (XBRL), with total equity increasing from $2.3B in FY2023 to $2.8B in FY2024 (XBRL). Long-term debt totaled $885M (XBRL), resulting in net debt of $464M (0.3x EBITDA) (XBRL). Total assets rose to $10.2B in FY2024 (XBRL), but current ratio was weak at 0.51x (XBRL).
Cash Flow Analysis
Operating cash flow (OCF) reached $1.3B (XBRL), with FCF of $888M (XBRL) after $377M in CapEx (XBRL). Financing activities included $563M in dividends paid (XBRL) and $1.1B in share repurchases (XBRL). Cash balances stood at $421M (XBRL).
Working Capital Analysis
Cash conversion cycle (CCC) was -2 days (XBRL), with receivables days at 3 days (XBRL), inventory days at 11 days (XBRL), and payables days at 16 days (XBRL). Asset turnover was 0.94x (XBRL).
Risks
Outlook
Historical time series data indicates sustained revenue growth, with operating income and net income increasing over the past five years (XBRL). However, management guidance and forward-looking trends are not explicitly detailed in the 10-K.
Historical Time Series
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | 8.1B | 8.5B | 7.8B | 7.2B | 9.6B | 10.5B |
| Operating Income | 767M | 832M | 48M | 649M | 1.2B | 1.2B |
| Net Income | 596M | 713M | -52M | 629M | 953M | 982M |
| Total Assets | 5.9B | 9.9B | 10.7B | 10.1B | 10.2B | 11.3B |
| Total Equity | 2.1B | 2.2B | 2.4B | 2.3B | 2.8B | 2.2B |
| Operating Cash Flow | 1.0B | 1.3B | 717M | 1.2B | 1.3B | 1.6B |
Consumer Discretionaryの企業一覧
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