DUTCH BROS INC-CLASS A (BROS) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:BROS • US26701L1008

57.04 USD
+4.62 (+8.81%)
At close: Feb 6, 2026
56.9008 USD
-0.14 (-0.24%)
After Hours: 2/6/2026, 8:20:32 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, BROS scores 5 out of 10 in our fundamental rating. BROS was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. BROS scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. BROS shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year BROS was profitable.
  • BROS had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: BROS reported negative net income in multiple years.
  • BROS had a positive operating cash flow in each of the past 5 years.
BROS Yearly Net Income VS EBIT VS OCF VS FCFBROS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

1.2 Ratios

  • BROS has a Return On Assets (2.12%) which is in line with its industry peers.
  • With a decent Return On Equity value of 9.46%, BROS is doing good in the industry, outperforming 68.94% of the companies in the same industry.
  • BROS has a Return On Invested Capital of 3.89%. This is comparable to the rest of the industry: BROS outperforms 43.18% of its industry peers.
Industry RankSector Rank
ROA 2.12%
ROE 9.46%
ROIC 3.89%
ROA(3y)0.37%
ROA(5y)-0.24%
ROE(3y)1.1%
ROE(5y)-2.02%
ROIC(3y)N/A
ROIC(5y)N/A
BROS Yearly ROA, ROE, ROICBROS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

1.3 Margins

  • The Profit Margin of BROS (4.04%) is comparable to the rest of the industry.
  • BROS's Profit Margin has declined in the last couple of years.
  • BROS has a Operating Margin of 9.95%. This is comparable to the rest of the industry: BROS outperforms 57.58% of its industry peers.
  • BROS's Operating Margin has declined in the last couple of years.
  • BROS has a worse Gross Margin (29.45%) than 75.00% of its industry peers.
  • In the last couple of years the Gross Margin of BROS has declined.
Industry RankSector Rank
OM 9.95%
PM (TTM) 4.04%
GM 29.45%
OM growth 3YN/A
OM growth 5Y-5.29%
PM growth 3YN/A
PM growth 5Y-25.4%
GM growth 3Y-0.28%
GM growth 5Y-4.98%
BROS Yearly Profit, Operating, Gross MarginsBROS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 20 -20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BROS is destroying value.
  • BROS has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for BROS has been reduced compared to 5 years ago.
  • The debt/assets ratio for BROS has been reduced compared to a year ago.
BROS Yearly Shares OutstandingBROS Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 50M 100M 150M
BROS Yearly Total Debt VS Total AssetsBROS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • An Altman-Z score of 3.07 indicates that BROS is not in any danger for bankruptcy at the moment.
  • BROS has a better Altman-Z score (3.07) than 78.79% of its industry peers.
  • BROS has a debt to FCF ratio of 9.26. This is a negative value and a sign of low solvency as BROS would need 9.26 years to pay back of all of its debts.
  • BROS has a better Debt to FCF ratio (9.26) than 62.88% of its industry peers.
  • A Debt/Equity ratio of 0.89 indicates that BROS is somewhat dependend on debt financing.
  • BROS's Debt to Equity ratio of 0.89 is fine compared to the rest of the industry. BROS outperforms 60.61% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 9.26
Altman-Z 3.07
ROIC/WACC0.45
WACC8.64%
BROS Yearly LT Debt VS Equity VS FCFBROS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

  • A Current Ratio of 1.52 indicates that BROS should not have too much problems paying its short term obligations.
  • BROS has a Current ratio of 1.52. This is in the better half of the industry: BROS outperforms 71.97% of its industry peers.
  • A Quick Ratio of 1.32 indicates that BROS should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.32, BROS is doing good in the industry, outperforming 68.94% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.52
Quick Ratio 1.32
BROS Yearly Current Assets VS Current LiabilitesBROS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

9

3. Growth

3.1 Past

  • BROS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.50%, which is quite impressive.
  • The earnings per share for BROS have been decreasing by -11.03% on average. This is quite bad
  • The Revenue has grown by 28.93% in the past year. This is a very strong growth!
  • The Revenue has been growing by 39.97% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)37.5%
EPS 3YN/A
EPS 5Y-11.03%
EPS Q2Q%18.75%
Revenue 1Y (TTM)28.93%
Revenue growth 3Y37.03%
Revenue growth 5Y39.97%
Sales Q2Q%25.24%

3.2 Future

  • Based on estimates for the next years, BROS will show a very strong growth in Earnings Per Share. The EPS will grow by 33.31% on average per year.
  • The Revenue is expected to grow by 24.85% on average over the next years. This is a very strong growth
EPS Next Y36.89%
EPS Next 2Y34.76%
EPS Next 3Y33.54%
EPS Next 5Y33.31%
Revenue Next Year28.78%
Revenue Next 2Y27.22%
Revenue Next 3Y25.7%
Revenue Next 5Y24.85%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
BROS Yearly Revenue VS EstimatesBROS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2B 4B 6B
BROS Yearly EPS VS EstimatesBROS Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 1 2 3 4

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 86.42, which means the current valuation is very expensive for BROS.
  • The rest of the industry has a similar Price/Earnings ratio as BROS.
  • The average S&P500 Price/Earnings ratio is at 27.92. BROS is valued rather expensively when compared to this.
  • Based on the Price/Forward Earnings ratio of 61.58, the valuation of BROS can be described as expensive.
  • Based on the Price/Forward Earnings ratio, BROS is valued a bit more expensive than the industry average as 61.36% of the companies are valued more cheaply.
  • When comparing the Price/Forward Earnings ratio of BROS to the average of the S&P500 Index (27.78), we can say BROS is valued expensively.
Industry RankSector Rank
PE 86.42
Fwd PE 61.58
BROS Price Earnings VS Forward Price EarningsBROS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • BROS's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BROS is more expensive than 78.03% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as BROS.
Industry RankSector Rank
P/FCF 143.47
EV/EBITDA 34.22
BROS Per share dataBROS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BROS does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as BROS's earnings are expected to grow with 33.54% in the coming years.
PEG (NY)2.34
PEG (5Y)N/A
EPS Next 2Y34.76%
EPS Next 3Y33.54%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • BROS does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

DUTCH BROS INC-CLASS A

NYSE:BROS (2/6/2026, 8:20:32 PM)

After market: 56.9008 -0.14 (-0.24%)

57.04

+4.62 (+8.81%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)11-05
Earnings (Next)02-12
Inst Owners91.05%
Inst Owner Change0.13%
Ins Owners0.92%
Ins Owner Change-145.14%
Market Cap9.38B
Revenue(TTM)1.54B
Net Income(TTM)62.08M
Analysts84.62
Price Target77.47 (35.82%)
Short Float %9.62%
Short Ratio3.17
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.59%
Min EPS beat(2)7.83%
Max EPS beat(2)41.35%
EPS beat(4)4
Avg EPS beat(4)75.22%
Min EPS beat(4)7.83%
Max EPS beat(4)224.17%
EPS beat(8)8
Avg EPS beat(8)114.38%
EPS beat(12)11
Avg EPS beat(12)95.82%
EPS beat(16)13
Avg EPS beat(16)45.69%
Revenue beat(2)2
Avg Revenue beat(2)0.63%
Min Revenue beat(2)0.27%
Max Revenue beat(2)0.98%
Revenue beat(4)4
Avg Revenue beat(4)2%
Min Revenue beat(4)0.27%
Max Revenue beat(4)5.75%
Revenue beat(8)7
Avg Revenue beat(8)1.8%
Revenue beat(12)9
Avg Revenue beat(12)0.43%
Revenue beat(16)12
Avg Revenue beat(16)0.61%
PT rev (1m)0.49%
PT rev (3m)-1.87%
EPS NQ rev (1m)0.05%
EPS NQ rev (3m)-12.86%
EPS NY rev (1m)0.05%
EPS NY rev (3m)0.49%
Revenue NQ rev (1m)0.11%
Revenue NQ rev (3m)1.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.86%
Valuation
Industry RankSector Rank
PE 86.42
Fwd PE 61.58
P/S 6.1
P/FCF 143.47
P/OCF 33.74
P/B 14.29
P/tB 14.82
EV/EBITDA 34.22
EPS(TTM)0.66
EY1.16%
EPS(NY)0.93
Fwd EY1.62%
FCF(TTM)0.4
FCFY0.7%
OCF(TTM)1.69
OCFY2.96%
SpS9.34
BVpS3.99
TBVpS3.85
PEG (NY)2.34
PEG (5Y)N/A
Graham Number7.7
Profitability
Industry RankSector Rank
ROA 2.12%
ROE 9.46%
ROCE 5.67%
ROIC 3.89%
ROICexc 4.32%
ROICexgc 4.36%
OM 9.95%
PM (TTM) 4.04%
GM 29.45%
FCFM 4.25%
ROA(3y)0.37%
ROA(5y)-0.24%
ROE(3y)1.1%
ROE(5y)-2.02%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-28.12%
ROICexc growth 3YN/A
ROICexc growth 5Y-24.54%
OM growth 3YN/A
OM growth 5Y-5.29%
PM growth 3YN/A
PM growth 5Y-25.4%
GM growth 3Y-0.28%
GM growth 5Y-4.98%
F-Score7
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 9.26
Debt/EBITDA 2.24
Cap/Depr 195.33%
Cap/Sales 13.84%
Interest Coverage 3.91
Cash Conversion 106.2%
Profit Quality 105.35%
Current Ratio 1.52
Quick Ratio 1.32
Altman-Z 3.07
F-Score7
WACC8.64%
ROIC/WACC0.45
Cap/Depr(3y)329.63%
Cap/Depr(5y)343.93%
Cap/Sales(3y)22.13%
Cap/Sales(5y)20.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)37.5%
EPS 3YN/A
EPS 5Y-11.03%
EPS Q2Q%18.75%
EPS Next Y36.89%
EPS Next 2Y34.76%
EPS Next 3Y33.54%
EPS Next 5Y33.31%
Revenue 1Y (TTM)28.93%
Revenue growth 3Y37.03%
Revenue growth 5Y39.97%
Sales Q2Q%25.24%
Revenue Next Year28.78%
Revenue Next 2Y27.22%
Revenue Next 3Y25.7%
Revenue Next 5Y24.85%
EBIT growth 1Y43.75%
EBIT growth 3YN/A
EBIT growth 5Y32.56%
EBIT Next Year188.75%
EBIT Next 3Y66.43%
EBIT Next 5Y49.57%
FCF growth 1Y160.03%
FCF growth 3YN/A
FCF growth 5Y7.46%
OCF growth 1Y148.3%
OCF growth 3Y45.27%
OCF growth 5Y34.16%

DUTCH BROS INC-CLASS A / BROS FAQ

What is the ChartMill fundamental rating of DUTCH BROS INC-CLASS A (BROS) stock?

ChartMill assigns a fundamental rating of 5 / 10 to BROS.


What is the valuation status for BROS stock?

ChartMill assigns a valuation rating of 2 / 10 to DUTCH BROS INC-CLASS A (BROS). This can be considered as Overvalued.


What is the profitability of BROS stock?

DUTCH BROS INC-CLASS A (BROS) has a profitability rating of 3 / 10.


What is the valuation of DUTCH BROS INC-CLASS A based on its PE and PB ratios?

The Price/Earnings (PE) ratio for DUTCH BROS INC-CLASS A (BROS) is 86.42 and the Price/Book (PB) ratio is 14.29.


What is the earnings growth outlook for DUTCH BROS INC-CLASS A?

The Earnings per Share (EPS) of DUTCH BROS INC-CLASS A (BROS) is expected to grow by 36.89% in the next year.