DUTCH BROS INC-CLASS A (BROS) Fundamental Analysis & Valuation

NYSE:BROS • US26701L1008

Current stock price

46.69 USD
-1.33 (-2.77%)
At close:
46.79 USD
+0.1 (+0.21%)
After Hours:

This BROS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. BROS Profitability Analysis

1.1 Basic Checks

  • BROS had positive earnings in the past year.
  • 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.
  • In the past 5 years BROS always reported a positive cash flow from operatings.
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 2025 0 100M -100M 200M

1.2 Ratios

  • BROS's Return On Assets of 2.65% is in line compared to the rest of the industry. BROS outperforms 54.76% of its industry peers.
  • With a decent Return On Equity value of 11.73%, BROS is doing good in the industry, outperforming 71.43% of the companies in the same industry.
  • The Return On Invested Capital of BROS (5.04%) is comparable to the rest of the industry.
  • BROS had an Average Return On Invested Capital over the past 3 years of 4.03%. This is significantly below the industry average of 10.65%.
  • The 3 year average ROIC (4.03%) for BROS is below the current ROIC(5.04%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.65%
ROE 11.73%
ROIC 5.04%
ROA(3y)1.39%
ROA(5y)0.29%
ROE(3y)6.25%
ROE(5y)0.32%
ROIC(3y)4.03%
ROIC(5y)N/A
BROS Yearly ROA, ROE, ROICBROS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30

1.3 Margins

  • Looking at the Profit Margin, with a value of 4.87%, BROS is in line with its industry, outperforming 57.94% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 10.34%, BROS is in line with its industry, outperforming 54.76% of the companies in the same industry.
  • BROS's Operating Margin has improved in the last couple of years.
  • The Gross Margin of BROS (29.05%) is worse than 77.78% of its industry peers.
  • In the last couple of years the Gross Margin of BROS has declined.
Industry RankSector Rank
OM 10.34%
PM (TTM) 4.87%
GM 29.05%
OM growth 3YN/A
OM growth 5Y25.22%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4%
GM growth 5Y-3.29%
BROS Yearly Profit, Operating, Gross MarginsBROS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

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4

2. BROS Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BROS is destroying value.
  • The number of shares outstanding for BROS has been increased compared to 1 year ago.
  • Compared to 5 years ago, BROS has more shares outstanding
  • 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 2025 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 2025 1B 2B 3B

2.2 Solvency

  • BROS has an Altman-Z score of 2.86. This is not the best score and indicates that BROS is in the grey zone with still only limited risk for bankruptcy at the moment.
  • The Altman-Z score of BROS (2.86) is better than 74.60% of its industry peers.
  • BROS has a debt to FCF ratio of 11.40. This is a negative value and a sign of low solvency as BROS would need 11.40 years to pay back of all of its debts.
  • BROS has a Debt to FCF ratio of 11.40. This is comparable to the rest of the industry: BROS outperforms 55.56% of its industry peers.
  • BROS has a Debt/Equity ratio of 0.88. This is a neutral value indicating BROS is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.88, BROS is in line with its industry, outperforming 57.94% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.88
Debt/FCF 11.4
Altman-Z 2.86
ROIC/WACC0.57
WACC8.79%
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 2025 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 1.49 indicates that BROS should not have too much problems paying its short term obligations.
  • BROS has a better Current ratio (1.49) than 69.05% of its industry peers.
  • A Quick Ratio of 1.28 indicates that BROS should not have too much problems paying its short term obligations.
  • The Quick ratio of BROS (1.28) is better than 65.87% of its industry peers.
Industry RankSector Rank
Current Ratio 1.49
Quick Ratio 1.28
BROS Yearly Current Assets VS Current LiabilitesBROS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

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9

3. BROS Growth Analysis

3.1 Past

  • BROS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 49.02%, which is quite impressive.
  • The Earnings Per Share has been growing by 71.75% on average over the past years. This is a very strong growth
  • The Revenue has grown by 27.88% in the past year. This is a very strong growth!
  • The Revenue has been growing by 37.99% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)49.02%
EPS 3Y71.75%
EPS 5YN/A
EPS Q2Q%142.86%
Revenue 1Y (TTM)27.88%
Revenue growth 3Y30.39%
Revenue growth 5Y37.99%
Sales Q2Q%29.41%

3.2 Future

  • BROS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.75% yearly.
  • The Revenue is expected to grow by 22.38% on average over the next years. This is a very strong growth
EPS Next Y21.44%
EPS Next 2Y27.46%
EPS Next 3Y27.9%
EPS Next 5Y27.75%
Revenue Next Year26.21%
Revenue Next 2Y24.61%
Revenue Next 3Y23.62%
Revenue Next 5Y22.38%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of 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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1

4. BROS Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 61.43 indicates a quite expensive valuation of BROS.
  • BROS's Price/Earnings ratio is in line with the industry average.
  • BROS is valuated expensively when we compare the Price/Earnings ratio to 24.88, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 50.59, which means the current valuation is very expensive for BROS.
  • Based on the Price/Forward Earnings ratio, BROS is valued a bit more expensive than 61.11% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of BROS to the average of the S&P500 Index (22.19), we can say BROS is valued expensively.
Industry RankSector Rank
PE 61.43
Fwd PE 50.59
BROS Price Earnings VS Forward Price EarningsBROS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

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 75.40% of the companies in the same industry.
  • BROS's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 141.19
EV/EBITDA 29
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 an expensive valuation of the company.
  • BROS's earnings are expected to grow with 27.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.86
PEG (5Y)N/A
EPS Next 2Y27.46%
EPS Next 3Y27.9%

More info and screens

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

0

5. BROS Dividend Analysis

5.1 Amount

  • No dividends for BROS!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

BROS Fundamentals: All Metrics, Ratios and Statistics

DUTCH BROS INC-CLASS A

NYSE:BROS (3/27/2026, 8:04:00 PM)

After market: 46.79 +0.1 (+0.21%)

46.69

-1.33 (-2.77%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)02-12
Earnings (Next)05-05
Inst Owners93.12%
Inst Owner Change2.94%
Ins Owners0.14%
Ins Owner Change-68.58%
Market Cap7.68B
Revenue(TTM)1.64B
Net Income(TTM)79.84M
Analysts85.19
Price Target77.11 (65.15%)
Short Float %10.34%
Short Ratio2.45
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)38.79%
Min EPS beat(2)7.83%
Max EPS beat(2)69.76%
EPS beat(4)4
Avg EPS beat(4)36.61%
Min EPS beat(4)7.83%
Max EPS beat(4)69.76%
EPS beat(8)8
Avg EPS beat(8)109.39%
EPS beat(12)12
Avg EPS beat(12)106.51%
EPS beat(16)13
Avg EPS beat(16)48.59%
Revenue beat(2)2
Avg Revenue beat(2)1.33%
Min Revenue beat(2)0.27%
Max Revenue beat(2)2.39%
Revenue beat(4)4
Avg Revenue beat(4)1.17%
Min Revenue beat(4)0.27%
Max Revenue beat(4)2.39%
Revenue beat(8)8
Avg Revenue beat(8)2.28%
Revenue beat(12)9
Avg Revenue beat(12)0.54%
Revenue beat(16)12
Avg Revenue beat(16)0.65%
PT rev (1m)0%
PT rev (3m)1.04%
EPS NQ rev (1m)2.23%
EPS NQ rev (3m)-13.43%
EPS NY rev (1m)0.7%
EPS NY rev (3m)0.53%
Revenue NQ rev (1m)0.21%
Revenue NQ rev (3m)0.24%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)0.82%
Valuation
Industry RankSector Rank
PE 61.43
Fwd PE 50.59
P/S 4.69
P/FCF 141.19
P/OCF 25.99
P/B 11.28
P/tB 11.68
EV/EBITDA 29
EPS(TTM)0.76
EY1.63%
EPS(NY)0.92
Fwd EY1.98%
FCF(TTM)0.33
FCFY0.71%
OCF(TTM)1.8
OCFY3.85%
SpS9.96
BVpS4.14
TBVpS4
PEG (NY)2.86
PEG (5Y)N/A
Graham Number8.41
Profitability
Industry RankSector Rank
ROA 2.65%
ROE 11.73%
ROCE 6.12%
ROIC 5.04%
ROICexc 5.58%
ROICexgc 5.64%
OM 10.34%
PM (TTM) 4.87%
GM 29.05%
FCFM 3.32%
ROA(3y)1.39%
ROA(5y)0.29%
ROE(3y)6.25%
ROE(5y)0.32%
ROIC(3y)4.03%
ROIC(5y)N/A
ROICexc(3y)4.5%
ROICexc(5y)N/A
ROICexgc(3y)4.56%
ROICexgc(5y)N/A
ROCE(3y)4.89%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-0.88%
ROICexc growth 3YN/A
ROICexc growth 5Y2.45%
OM growth 3YN/A
OM growth 5Y25.22%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4%
GM growth 5Y-3.29%
F-Score6
Asset Turnover0.54
Health
Industry RankSector Rank
Debt/Equity 0.88
Debt/FCF 11.4
Debt/EBITDA 2.11
Cap/Depr 209.44%
Cap/Sales 14.72%
Interest Coverage 4.35
Cash Conversion 103.86%
Profit Quality 68.15%
Current Ratio 1.49
Quick Ratio 1.28
Altman-Z 2.86
F-Score6
WACC8.79%
ROIC/WACC0.57
Cap/Depr(3y)259.44%
Cap/Depr(5y)333.59%
Cap/Sales(3y)18.56%
Cap/Sales(5y)20.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)49.02%
EPS 3Y71.75%
EPS 5YN/A
EPS Q2Q%142.86%
EPS Next Y21.44%
EPS Next 2Y27.46%
EPS Next 3Y27.9%
EPS Next 5Y27.75%
Revenue 1Y (TTM)27.88%
Revenue growth 3Y30.39%
Revenue growth 5Y37.99%
Sales Q2Q%29.41%
Revenue Next Year26.21%
Revenue Next 2Y24.61%
Revenue Next 3Y23.62%
Revenue Next 5Y22.38%
EBIT growth 1Y36.62%
EBIT growth 3YN/A
EBIT growth 5Y72.79%
EBIT Next Year127.5%
EBIT Next 3Y53.51%
EBIT Next 5Y40.48%
FCF growth 1Y120.34%
FCF growth 3YN/A
FCF growth 5Y33.21%
OCF growth 1Y19.93%
OCF growth 3Y70.26%
OCF growth 5Y40.73%

DUTCH BROS INC-CLASS A / BROS Fundamental Analysis FAQ

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

ChartMill assigns a fundamental rating of 4 / 10 to BROS.


What is the valuation status for BROS stock?

ChartMill assigns a valuation rating of 1 / 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 4 / 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 61.43 and the Price/Book (PB) ratio is 11.28.


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 21.44% in the next year.