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Dutch Bros (Dutch Bros) ROE % : -1.61% (As of Dec. 2023)


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What is Dutch Bros ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dutch Bros's annualized net income for the quarter that ended in Dec. 2023 was $-5.6 Mil. Dutch Bros's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $348.0 Mil. Therefore, Dutch Bros's annualized ROE % for the quarter that ended in Dec. 2023 was -1.61%.

The historical rank and industry rank for Dutch Bros's ROE % or its related term are showing as below:

BROS' s ROE % Range Over the Past 10 Years
Min: -14.87   Med: -1.78   Max: 36.39
Current: 0.79

During the past 5 years, Dutch Bros's highest ROE % was 36.39%. The lowest was -14.87%. And the median was -1.78%.

BROS's ROE % is ranked worse than
69.79% of 331 companies
in the Restaurants industry
Industry Median: 8.76 vs BROS: 0.79

Dutch Bros ROE % Historical Data

The historical data trend for Dutch Bros's ROE % 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.

Dutch Bros ROE % Chart

Dutch Bros Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
36.39 - -14.87 -4.25 0.70

Dutch Bros Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 -2.08 -11.94 8.35 7.21 -1.61

Competitive Comparison of Dutch Bros's ROE %

For the Restaurants subindustry, Dutch Bros's ROE %, along with its competitors' market caps and ROE % 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.


Dutch Bros's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Dutch Bros's ROE % distribution charts can be found below:

* The bar in red indicates where Dutch Bros's ROE % falls into.



Dutch Bros ROE % Calculation

Dutch Bros's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=1.718/( (129.118+364.345)/ 2 )
=1.718/246.7315
=0.70 %

Dutch Bros's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-5.608/( (331.676+364.345)/ 2 )
=-5.608/348.0105
=-1.61 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Dutch Bros  (NYSE:BROS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-5.608/348.0105
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.608 / 1016.492)*(1016.492 / 1701.52)*(1701.52 / 348.0105)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.55 %*0.5974*4.8893
=ROA %*Equity Multiplier
=-0.33 %*4.8893
=-1.61 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-5.608/348.0105
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-5.608 / -12.244) * (-12.244 / 8.716) * (8.716 / 1016.492) * (1016.492 / 1701.52) * (1701.52 / 348.0105)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.458 * -1.4048 * 0.86 % * 0.5974 * 4.8893
=-1.61 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Dutch Bros ROE % Related Terms

Thank you for viewing the detailed overview of Dutch Bros's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dutch Bros (Dutch Bros) Business Description

Traded in Other Exchanges
N/A
Address
110 SW 4th Street, Grants Pass, OR, USA, 97526
Dutch Bros Inc is an operator and franchisor of drive-thru coffee shops that are focused on serving hand-crafted beverages. The company's hand-crafted beverage-focused lineup features hot and cold espresso-based beverages, cold brew coffee products, proprietary energy drinks, tea, lemonade, smoothies and other beverages. The company has two reportable operating segments company-operated shops and franchising and other.
Executives
Travis Boersma director, 10 percent owner, officer: Executive Chairman of Board C/O DUTCH BROS INC., PO BOX 1929, GRANTS PASS OR 97528
Dm Trust Aggregator, Llc 10 percent owner PO BOX 398, GRANTS PASS OR 97528
Dm Individual Aggregator, Llc 10 percent owner PO BOX 398, GRANTS PASS OR 97528
Brian Maxwell officer: Chief Operating Officer C/O DUTCH BROS INC., PO BOX 1929, GRANTS PASS OR 97528
Tsg7 A Management Llc 10 percent owner C/O TSG CONSUMER PARTNERS, 1100 LARKSPUR LANDING CIRCLE, SUITE 360, LARKSPUR CA 94939
Charles Jemley officer: Chief Financial Officer C/O FOUR CORNERS PROPERTY TRUST, INC., 591 REDWOOD HIGHWAY, SUITE 1150, MILL VALLEY CA 94941
C. David Cone director 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Sullivan Sean B.a. director 1201 DOWDELL LANE, SAINT HELENA CA 94574
Victoria J Tullett officer: Chief Legal Officer C/O DUTCH BROS INC., 110 SW 4TH STREET, GRANTS PASS OR 97526
Joth Ricci officer: CEO and President C/O DUTCH BROS INC., PO BOX 1929, GRANTS PASS OR 97528
Tana Davila officer: Chief Marketing Officer 110 SW 4TH STREET, GRANTS PASS OR 97526
Christine Barone officer: President C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
John Patrick Graham officer: Chief Marketing Officer C/O ALIGN TECHNOLOGY INC., 2820 ORCHARD PARKWAY, SAN JOSE CA 94131
Ann M Miller director ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Stephen Gillett director 2401 UTAH AVE S, SEATTLE WA 98134

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