Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Darden Restaurants's annualizedGross Profit for the quarter that ended in Feb. 2024 was $2,582 Mil.
Darden Restaurants's average Total Assets over the quarter that ended in Feb. 2024 was $11,340 Mil. Therefore, Darden Restaurants's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 22.77%.
Darden Restaurants Gross-Profit-to-Asset % Historical Data
The historical data trend for Darden Restaurants's Gross-Profit-to-Asset % 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 Annual Data
Trend
May14
May15
May16
May17
May18
May19
May20
May21
May22
May23
Gross-Profit-to-Asset %
32.55
17.78
14.50
19.19
20.45
Darden Restaurants Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
Gross-Profit-to-Asset %
23.27
23.72
20.74
19.48
22.77
Competitive Comparison
For the Restaurants subindustry, Darden Restaurants's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution
For the Restaurants industry and Consumer Cyclical sector, Darden Restaurants's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Darden Restaurants's Gross-Profit-to-Asset % falls into.
* 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.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Feb. 2024) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Darden Restaurants Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Darden Restaurants's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Darden Restaurants (Darden Restaurants) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DRI has been successfully added to your 