DRIDARDEN RESTAURANTS INC
Retail-Eating Places
- Revenue
- $13.2B
- 9.4% YoY
- Operating margin
- 12.0%
- 6.2% YoY
- EBITDA
- $2.1B
- 14% YoY
- Market cap
- $25.1B
- Employees
- —
- Net debt / EBITDA
- 0.7×
- $1.4B net debt
- AI in 10-K
- 0.5
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo0 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$12M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo154% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo74% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo13% of assetsOver 40% of assets
- Shareholder dissentNo91% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AIYes0.5 per 10K words · 22nd pctBottom quartile of AI mentions in 10-Ks
- Net cashNo0.7× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$25.1B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$24M netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $9.6B | $10.5B | $11.4B | $12.1B | $13.2B | 9.4% |
| Operating income | $1.2B | $1.2B | $1.3B | $1.4B | $1.6B | 16% |
| Net income | $953M | $982M | $1.0B | $1.0B | $1.2B | 15% |
| Operating cash flow | $1.3B | $1.6B | $1.6B | $1.7B | $1.9B | 8.6% |
| Capex | $377M | $565M | $601M | $645M | $734M | 14% |
| Stock-based comp | $61M | $68M | $69M | $79M | $79M | 0.0% |
| Buybacks | $1.1B | $459M | $454M | $418M | $672M | 61% |
| Dividends | $563M | $590M | $628M | $659M | $693M | 5.2% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $24M · 27
- Net
- −$24M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $35M | $35M | 168 | 140 |
| FY2025 | $14M | $32M | 163 | 122 |
| FY2024 | $12M | $7M | 114 | 102 |
| FY2023 | $9M | $15M | 120 | 88 |
| FY2022 | $12M | $9M | 91 | 89 |