Darden Gross Profit from 2010 to 2023

DRI Stock  USD 150.52  0.53  0.35%   
Darden Restaurants Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is estimated to finish at about 1.6 B this year. For the period between 2010 and 2023, Darden Restaurants, Gross Profit quarterly trend regression had mean deviation of 261,627,068 and r-value of  0.55. Darden Restaurants Net Loss Income from Discontinued Operations is increasing as compared to previous years. The last year's value of Net Loss Income from Discontinued Operations was reported at 3.2 Million. The current Operating Income is estimated to increase to about 49.2 M, while Direct Expenses is projected to decrease to under 5.9 B.
  
Check Darden Restaurants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Darden main balance sheet or income statement drivers, such as Direct Expenses of 5.9 B, Cost of Revenue of 6.7 B or Gross Profit of 1.6 B, as well as many exotic indicators such as Interest Coverage of 0.86, Long Term Debt to Equity of 0.57 or PPandE Turnover of 2.61. Darden financial statements analysis is a perfect complement when working with Darden Restaurants Valuation or Volatility modules. It can also supplement Darden Restaurants' financial leverage analysis and stock options assessment as well as various Darden Restaurants Technical models . Check out the analysis of Darden Restaurants Correlation against competitors. For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.

Darden Restaurants Quarterly Gross Profit

442.7 Million

Darden Gross Profit Breakdown

Showing smoothed Gross Profit of Darden Restaurants with missing and latest data points interpolated. Gross profit is a required income statement account that reflects total revenue of Darden Restaurants minus its cost of goods sold. It is profit before Darden Restaurants operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue Revenues less cost of revenue [CoR] directly attributable to the revenue generation activity.Darden Restaurants' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Darden Restaurants' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported B10 Years Trend
Up
Slightly volatile
   Gross Profit   
       Timeline  

Darden Gross Profit Regression Statistics

Arithmetic Mean1,674,826,316
Geometric Mean1,649,874,251
Coefficient Of Variation17.44
Mean Deviation261,627,068
Median1,849,000,000
Standard Deviation292,086,465
Range699,900,000
R-Value0.55
R-Squared0.30
Significance0.041029
Slope38,488,768

Darden Gross Profit History

20231.6 B
20221.4 B
2019B
20141.8 B

About Darden Restaurants Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Darden Restaurants income statement, its balance sheet, and the statement of cash flows. Darden Restaurants investors use historical funamental indicators, such as Darden Restaurants's Gross Profit, to determine how well the company is positioned to perform in the future. Although Darden Restaurants investors may use each financial statement separately, they are all related. The changes in Darden Restaurants's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Darden Restaurants's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Darden Restaurants Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Darden Restaurants. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Gross Profit1.4 B1.6 B

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Our tools can tell you how much better you can do entering a position in Darden Restaurants without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Darden Restaurants

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Darden Restaurants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Darden Restaurants will appreciate offsetting losses from the drop in the long position's value.

Moving together with Darden Restaurants

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The ability to find closely correlated positions to Darden Restaurants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Darden Restaurants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Darden Restaurants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Darden Restaurants to buy it.
The correlation of Darden Restaurants is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Darden Restaurants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Darden Restaurants moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Darden Restaurants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Darden Restaurants Correlation against competitors. For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Darden Restaurants' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Darden Restaurants. If investors know Darden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Darden Restaurants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.026
Dividend Share
4.62
Earnings Share
7.27
Revenue Per Share
80.422
Quarterly Revenue Growth
0.094
The market value of Darden Restaurants is measured differently than its book value, which is the value of Darden that is recorded on the company's balance sheet. Investors also form their own opinion of Darden Restaurants' value that differs from its market value or its book value, called intrinsic value, which is Darden Restaurants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Darden Restaurants' market value can be influenced by many factors that don't directly affect Darden Restaurants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Darden Restaurants' value and its price as these two are different measures arrived at by different means. Investors typically determine Darden Restaurants value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Darden Restaurants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.