Darden Operating Income from 2010 to 2024

DRI Stock  USD 166.97  3.47  2.12%   
Darden Restaurants' Operating Income is increasing with slightly volatile movements from year to year. Operating Income is estimated to finish at about 1.5 B this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Darden Restaurants generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1994-08-31
Previous Quarter
278.5 M
Current Value
387.8 M
Quarterly Volatility
260.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Depreciation And Amortization of 281.9 M, Interest Expense of 58.5 M or Total Revenue of 6.8 B, as well as many exotic indicators such as Short Term Coverage Ratios of 2.5, Price To Sales Ratio of 0.79 or Dividend Yield of 0.0352. Darden financial statements analysis is a perfect complement when working with Darden Restaurants Valuation or Volatility modules.
  
This module 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.

Latest Darden Restaurants' Operating Income Growth Pattern

Below is the plot of the Operating Income of Darden Restaurants over the last few years. Operating Income is the amount of profit realized from Darden Restaurants operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Darden Restaurants is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Darden Restaurants' Operating Income 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Darden Operating Income Regression Statistics

Arithmetic Mean789,469,567
Geometric Mean695,900,556
Coefficient Of Variation47.16
Mean Deviation282,830,147
Median739,600,000
Standard Deviation372,282,071
Sample Variance138593.9T
Range1.3B
R-Value0.87
Mean Square Error36841.4T
R-Squared0.75
Significance0.000028
Slope72,244,052
Total Sum of Squares1940315.2T

Darden Operating Income History

20241.5 B
20231.4 B
20221.2 B
20211.2 B
2020648.7 M
2019828.3 M
2018832.5 M

Other Fundumenentals of Darden Restaurants

Darden Restaurants Operating Income component correlations

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0.720.760.690.050.570.510.140.030.70.790.180.490.460.53-0.30.590.450.080.560.57-0.160.10.15-0.230.460.520.060.55
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0.940.690.35-0.330.540.050.330.080.960.420.290.170.20.66-0.670.580.150.130.840.49-0.43-0.01-0.08-0.290.620.55-0.310.89
-0.360.05-0.06-0.33-0.260.24-0.43-0.71-0.37-0.010.56-0.15-0.150.040.34-0.490.45-0.82-0.3-0.440.070.130.670.5-0.35-0.270.33-0.53
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0.250.080.350.13-0.820.160.140.150.750.220.23-0.760.460.37-0.340.110.46-0.090.110.440.41-0.16-0.52-0.510.230.19-0.140.25
0.890.560.340.84-0.30.660.230.50.110.90.320.180.160.190.63-0.490.640.070.110.47-0.34-0.04-0.16-0.370.550.43-0.290.85
0.640.570.780.49-0.440.80.470.490.260.620.38-0.020.810.840.6-0.090.9-0.270.440.47-0.09-0.45-0.64-0.740.470.42-0.270.67
-0.31-0.160.17-0.430.07-0.240.44-0.310.12-0.350.12-0.340.380.21-0.640.7-0.050.410.41-0.34-0.09-0.160.130.05-0.45-0.380.23-0.5
-0.140.1-0.16-0.010.13-0.41-0.44-0.340.27-0.120.29-0.14-0.63-0.7-0.19-0.32-0.350.16-0.16-0.04-0.45-0.160.390.310.040.250.56-0.07
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-0.30.060.17-0.310.33-0.4-0.15-0.610.35-0.330.41-0.11-0.14-0.18-0.20.16-0.390.12-0.14-0.29-0.270.230.560.250.250.050.39-0.31
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Click cells to compare fundamentals

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 Operating Income, 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 2024
Operating Income1.4 B1.5 B
Non Operating Income Net Other-10 M-10.5 M

Darden Restaurants Investors Sentiment

The influence of Darden Restaurants' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Darden. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Darden Restaurants' public news can be used to forecast risks associated with an investment in Darden. The trend in average sentiment can be used to explain how an investor holding Darden can time the market purely based on public headlines and social activities around Darden Restaurants. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Darden Restaurants' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Darden Restaurants' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Darden Restaurants' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Darden Restaurants.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Darden Restaurants in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Darden Restaurants' short interest history, or implied volatility extrapolated from Darden Restaurants options trading.

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 Stock

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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 instruments. 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
When determining whether Darden Restaurants offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Darden Restaurants' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Darden Restaurants Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Darden Restaurants Stock:
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 the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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
0.11
Dividend Share
5.14
Earnings Share
8.53
Revenue Per Share
93.095
Quarterly Revenue Growth
0.068
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 if Darden Restaurants is a good investment 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.