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

NYSE:BROS • US26701L1008

Current stock price

52.67 USD
+0.24 (+0.46%)
At close:
53.25 USD
+0.58 (+1.1%)
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.
  • The Return On Equity of BROS (11.73%) is better than 71.43% of its industry peers.
  • BROS has a Return On Invested Capital (5.04%) which 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 10.57%.
  • 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

  • BROS has a Profit Margin of 4.87%. This is comparable to the rest of the industry: BROS outperforms 57.94% of its industry peers.
  • BROS's Operating Margin of 10.34% is in line compared to the rest of the industry. BROS outperforms 54.76% of its industry peers.
  • In the last couple of years the Operating Margin of BROS has grown nicely.
  • BROS has a Gross Margin of 29.05%. This is in the lower half of the industry: BROS underperforms 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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. BROS Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BROS is destroying value.
  • Compared to 1 year ago, BROS has more shares outstanding
  • BROS has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, BROS has an improved debt to assets ratio.
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

  • An Altman-Z score of 3.05 indicates that BROS is not in any danger for bankruptcy at the moment.
  • BROS's Altman-Z score of 3.05 is fine compared to the rest of the industry. BROS outperforms 77.78% 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 (11.40) which is in line with its industry peers.
  • A Debt/Equity ratio of 0.88 indicates that BROS is somewhat dependend on debt financing.
  • BROS has a Debt to Equity ratio of 0.88. This is comparable to the rest of the industry: BROS outperforms 57.94% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.88
Debt/FCF 11.4
Altman-Z 3.05
ROIC/WACC0.57
WACC8.77%
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.
  • Looking at the Current ratio, with a value of 1.49, BROS is in the better half of the industry, outperforming 69.05% of the companies in the same industry.
  • BROS has a Quick Ratio of 1.28. This is a normal value and indicates that BROS is financially healthy and should not expect problems in meeting its short term obligations.
  • BROS's Quick ratio of 1.28 is fine compared to the rest of the industry. BROS outperforms 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

More info and screens

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

9

3. BROS Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 49.02% over the past year.
  • BROS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 71.75% yearly.
  • BROS shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.88%.
  • BROS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 37.99% yearly.
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

  • Based on estimates for the next years, BROS will show a very strong growth in Earnings Per Share. The EPS will grow by 27.75% on average per year.
  • BROS is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.38% yearly.
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

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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

More info and screens

Find the best growth stocksShow best growing peers

1

4. BROS Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 69.30, the valuation of BROS can be described as expensive.
  • Based on the Price/Earnings ratio, BROS is valued a bit more expensive than the industry average as 61.11% of the companies are valued more cheaply.
  • The average S&P500 Price/Earnings ratio is at 25.54. BROS is valued rather expensively when compared to this.
  • Based on the Price/Forward Earnings ratio of 57.07, the valuation of BROS can be described as expensive.
  • Based on the Price/Forward Earnings ratio, BROS is valued a bit more expensive than 61.90% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 22.70. BROS is valued rather expensively when compared to this.
Industry RankSector Rank
PE 69.3
Fwd PE 57.07
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

  • Based on the Enterprise Value to EBITDA ratio, BROS is valued a bit more expensive than 76.98% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BROS indicates a slightly more expensive valuation: BROS is more expensive than 60.32% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 159.27
EV/EBITDA 31.55
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.
  • A more expensive valuation may be justified as BROS's earnings are expected to grow with 27.90% in the coming years.
PEG (NY)3.23
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%

More info and screens

Find the best dividend stocksShow peers with best dividend

BROS Fundamentals: All Metrics, Ratios and Statistics

DUTCH BROS INC-CLASS A

NYSE:BROS (3/24/2026, 4:34:23 PM)

After market: 53.25 +0.58 (+1.1%)

52.67

+0.24 (+0.46%)

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 Cap8.67B
Revenue(TTM)1.64B
Net Income(TTM)79.84M
Analysts85.19
Price Target77.47 (47.09%)
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 69.3
Fwd PE 57.07
P/S 5.29
P/FCF 159.27
P/OCF 29.32
P/B 12.73
P/tB 13.18
EV/EBITDA 31.55
EPS(TTM)0.76
EY1.44%
EPS(NY)0.92
Fwd EY1.75%
FCF(TTM)0.33
FCFY0.63%
OCF(TTM)1.8
OCFY3.41%
SpS9.96
BVpS4.14
TBVpS4
PEG (NY)3.23
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 3.05
F-Score6
WACC8.77%
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 69.3 and the Price/Book (PB) ratio is 12.73.


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.