GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Darden Restaurants Inc (NYSE:DRI) » Definitions » Pretax Margin %

Darden Restaurants (Darden Restaurants) Pretax Margin % : 11.80% (As of Feb. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Darden Restaurants Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Darden Restaurants's Pre-Tax Income for the three months ended in Feb. 2024 was $351 Mil. Darden Restaurants's Revenue for the three months ended in Feb. 2024 was $2,975 Mil. Therefore, Darden Restaurants's pretax margin for the quarter that ended in Feb. 2024 was 11.80%.

The historical rank and industry rank for Darden Restaurants's Pretax Margin % or its related term are showing as below:

DRI' s Pretax Margin % Range Over the Past 10 Years
Min: -2.06   Med: 7.76   Max: 11.36
Current: 10.43


DRI's Pretax Margin % is ranked better than
83.95% of 349 companies
in the Restaurants industry
Industry Median: 2.93 vs DRI: 10.43

Darden Restaurants Pretax Margin % Historical Data

The historical data trend for Darden Restaurants's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Darden Restaurants Pretax Margin % Chart

Darden Restaurants Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.19 -2.06 8.01 11.36 10.68

Darden Restaurants Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.85 12.73 8.17 8.85 11.80

Competitive Comparison of Darden Restaurants's Pretax Margin %

For the Restaurants subindustry, Darden Restaurants's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Darden Restaurants's Pretax Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Darden Restaurants's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Darden Restaurants's Pretax Margin % falls into.



Darden Restaurants Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Darden Restaurants's Pretax Margin for the fiscal year that ended in May. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2023 )/Revenue (A: May. 2023 )
=1120.5/10487.8
=10.68 %

Darden Restaurants's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=350.9/2974.8
=11.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Darden Restaurants  (NYSE:DRI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Darden Restaurants Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Darden Restaurants's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Darden Restaurants (Darden Restaurants) Business Description

Traded in Other Exchanges
Address
1000 Darden Center Drive, Orlando, FL, USA, 32837
Darden Restaurants is the largest restaurant operator in the U.S. full-service space, with consolidated revenue of $10.5 billion in fiscal 2023 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of 10 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V's, Bahama Breeze, and The Capital Burger. Darden generates revenue almost exclusively from company-owned restaurants, though a small network of franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of its fiscal 2023, the company operated 1,914 restaurants in the U.S.
Executives
John W. Madonna officer: SVP, Corporate Controller 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Douglas J. Milanes officer: SVP, Chief Supply Chain Ofcr 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Melvin John Martin officer: President, SRG 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Sarah H. King officer: SVP, Chief HR Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Susan M. Connelly officer: SVP, Chief Comm & PA Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Lee Eugene I Jr officer: President, Speciality Rest Grp 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Rajesh Vennam officer: SVP, CFO and Treasurer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Ricardo Cardenas officer: SVP Chief Strategy Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Matthew R Broad officer: SVP General Counsel C/O DARDEN RESTAURANTS, INC., 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Todd Burrowes officer: President, LongHorn Steakhouse 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Daniel J. Kiernan officer: President, Olive Garden 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
William S Simon director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Nana Mensah director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Richard L. Renninger officer: SVP, Chief Development Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Timothy J Wilmott director C/O PENN NATIONAL GAMING, INC., 825 BERKSHIRE BLVD., SUITE 200, WYOMISSING PA 19610

Darden Restaurants (Darden Restaurants) Headlines

From GuruFocus

Q4 2019 Darden Restaurants Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2023 Darden Restaurants Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Darden Restaurants Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Darden Restaurants Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Darden Restaurants Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2021 Darden Restaurants Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2023 Darden Restaurants Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024