DRI (Darden Restaurants) EV-to-OCF: 16.25 (As of Aug. 05, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DRI Darden Restaurants Inc DRI
85 GF Score
Price $208.85
GF Value $210.45
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Darden Restaurants EV-to-OCF?

Darden Restaurants DRI +2.09% 85 EV-to-OCF is 16.25 as of Aug. 05, 2026, which is 6% above its 10-year median of 15.40. GuruFocus rates DRI with a GF Score™ of 85/100 and a GF Value™ of $210.45 (Fairly Valued). The stock has 4 warning signs investors should review. Among 365 Restaurants companies, Darden Restaurants ranks worse than 70.14% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Darden Restaurants's Enterprise Value is $30,026 Mil. Darden Restaurants's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was $1,848 Mil. Therefore, Darden Restaurants's EV-to-OCF for today is 16.25.

The historical rank and industry rank for Darden Restaurants's EV-to-OCF or its related term are showing as below:

DRI' s EV-to-OCF Range Over the Past 10 Years
Min: 7.66   Med: 15.4   Max: 44.21
Current: 16.25

During the past 13 years, the highest EV-to-OCF of Darden Restaurants was 44.21. The lowest was 7.66. And the median was 15.40.

DRI's EV-to-OCF is ranked worse than
70.14% of 365 companies
in the Restaurants industry
Industry Median: 10.05 vs DRI: 16.25

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-05), Darden Restaurants's stock price is $208.85. Darden Restaurants's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $10.380. Therefore, Darden Restaurants's PE Ratio (TTM) for today is 20.12.


Darden Restaurants  (NYSE:DRI) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Darden Restaurants's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=208.85/10.380
=20.12

Darden Restaurants's share price for today is $208.85.
Darden Restaurants's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.380.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Darden Restaurants EV-to-OCF Related Terms


Darden Restaurants EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Darden Restaurants's EV-to-OCF 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.

Darden Restaurants EV-to-OCF Chart

Darden Restaurants Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.89 15.28 14.34 18.29 15.94

Darden Restaurants Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EV-to-OCF 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.29 16.99 15.82 17.56 15.94

DRI vs YUMC, TXRH, DPZ: EV-to-OCF Comparison

For the Restaurants subindustry, Darden Restaurants's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Darden Restaurants's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Darden Restaurants's EV-to-OCF falls into.


DRI
85GF Score
Darden Restaurants Inc DRI
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Darden Restaurants EV-to-OCF Calculation

Darden Restaurants's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=30026.038/1848.3
=16.25

Darden Restaurants's current Enterprise Value is $30,026 Mil.
Darden Restaurants's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,848 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 16.25 mean?
Darden Restaurants (DRI) has a EV-to-OCF of 16.25 as of Aug. 05, 2026. This is near median its historical median of 15.40. Over the past decade, Darden Restaurants' EV-to-OCF has ranged from 7.66 to 44.21. According to the industry distribution chart, Darden Restaurants ranks #256 out of 365 companies in the Restaurants industry, placing it in the top 70.1%.
Is Darden Restaurants' EV-to-OCF too high?
Darden Restaurants' current EV-to-OCF of 16.25 is near median its 10-year median of 15.40. Over the past 10 years, this metric has ranged from a low of 7.66 to a high of 44.21. The Restaurants industry median EV-to-OCF is 10.05. Darden Restaurants' value of 16.25 is 61.7% above this industry median. Based on the distribution chart, Darden Restaurants ranks #256 out of 365 companies in the Restaurants industry, which is below the industry midpoint. Overall, Darden Restaurants has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Darden Restaurants' EV-to-OCF compare to YUMC and TXRH?
According to the Restaurants industry distribution chart, Darden Restaurants ranks #256 out of 365 companies for EV-to-OCF. This places Darden Restaurants in the lower half of its industry. The industry median EV-to-OCF is 10.05. Darden Restaurants' value of 16.25 is 61.7% above this benchmark. Historically, Darden Restaurants' own EV-to-OCF has ranged from 7.66 to 44.21 over the past decade. While the company's 10-year median is 15.40 vs. the industry median of 10.05, Darden Restaurants has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Restaurants company?
The median EV-to-OCF among Restaurants companies is 10.05, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Darden Restaurants's current EV-to-OCF of 16.25 is 61.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Restaurants industry, the median EV-to-OCF is 10.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Darden Restaurants's current EV-to-OCF is 16.25, which is near median its own 10-year median of 15.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Darden Restaurants stock overvalued right now?
Based on GuruFocus' analysis, Darden Restaurants (DRI) is currently considered Fairly Valued. The stock's GF Value™ is $210.45, compared to a current price of $208.85 — trading 0.8% below its estimated fair value. The current EV-to-OCF is 16.25, which is near median its 10-year median of 15.40 and 61.7% above the Restaurants industry median of 10.05. Darden Restaurants' overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Darden Restaurants (DRI), the current EV-to-OCF is 16.25 as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Darden Restaurants (DRI) Overvalued in 2026?

Based on GuruFocus' analysis, Darden Restaurants stock appears to be undervalued. The current stock price of $208.85 is trading 0.8% below its estimated GF Value™ of $210.45. GuruFocus considers Darden Restaurants to be Fairly Valued.

Key valuation signals for DRI:

  • EV-to-OCF: 16.25 (near median its 10-year median of 15.40)
  • GF Value™: $210.45 vs. price of $208.85 (0.8% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 61.7% above the Restaurants median (#256 of 365)

No single metric tells the full story. See the DRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Darden Restaurants Business Description

Address 1000 Darden Center Drive, Orlando, FL, USA, 32837
Darden Restaurants is the largest global full-service dining operator, with over $12 billion in system sales across 2,159 company-owned stores at the end of fiscal 2025, spanning the US and Canada. The firm operates 10 banners in four segments, including Olive Garden (43% of sales), LongHorn Steakhouse (25%), and fine dining (21%), which includes The Capital Grille, Ruth's Chris, and Eddie V's. The other 11% of sales comes from smaller concepts such as Yard House and Cheddar's. Darden primarily generates revenue through sales of food and beverage items at its company-owned restaurants. It also earns royalties on sales from 154 franchised locations in US and international markets, which sit within the other segment but are immaterial to consolidated results.
85GF Score

Get the complete analysis for DRI

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$208.85
Price
$210.45
GF Value