Dutch BrosBROS +2.93%79 Net Margin % is 3.47% as of Mar. 2026, which is 136% above its 10-year median of 1.47. GuruFocus rates BROS with a GF Score™ of 79/100 and a GF Value™ of $52.66 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 361 Restaurants companies, Dutch Bros ranks better than 68.98% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Dutch Bros's Net Income for the
three
months ended in Mar. 2026 was $16 Mil. Dutch Bros's Revenue for the
three
months ended in Mar. 2026 was $464 Mil. Therefore, Dutch Bros's net margin for the quarter that ended in Mar. 2026 was 3.47%.
The historical rank and industry rank for Dutch Bros's Net Margin % or its related term are showing as below:
BROS'
s Net Margin % Range Over the Past 10 Years
Min: -2.55 Med: 1.47 Max: 11.91
Current: 4.61
BROS's Net Margin % is ranked better than 68.98% of 361
companies
in the Restaurants industry
Industry Median: 2.23
vs BROS: 4.61
Dutch Bros (NYSE:BROS) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Dutch Bros Net Margin % Related Terms
Dutch Bros Net Margin % Historical Data
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The historical data trend for Dutch Bros's Net Margin % 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.
For the Restaurants subindustry, Dutch Bros's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Dutch Bros's Net Margin % distribution charts can be found below:
* The bar in red indicates where Dutch Bros's Net Margin % 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.
Dutch Bros (BROS) has a Net Margin % of 3.47% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Dutch Bros and its competitors. This is 136% above median its historical median of 1.47. According to the industry distribution chart, Dutch Bros ranks #112 out of 361 companies in the Restaurants industry, placing it in the top 31%.
Is Dutch Bros' Net Margin % too high?
Dutch Bros' current Net Margin % of 3.47% is 136% above median its 10-year median of 1.47. The Restaurants industry median Net Margin % is 2.23. Dutch Bros' value of 3.47% is 55.6% above this industry median. Based on the distribution chart, Dutch Bros ranks #112 out of 361 companies in the Restaurants industry, which is above the industry midpoint. Overall, Dutch Bros has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dutch Bros' Net Margin % compare to DPZ and CAVA?
According to the Restaurants industry distribution chart, Dutch Bros ranks #112 out of 361 companies for Net Margin %. This puts Dutch Bros in the upper half of its industry. The industry median Net Margin % is 2.23. Dutch Bros' value of 3.47% is 55.6% above this benchmark. While the company's 10-year median is 1.47 vs. the industry median of 2.23, Dutch Bros 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 Net Margin % for a Restaurants company?
The median Net Margin % among Restaurants companies is 2.23, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dutch Bros's current Net Margin % of 3.47% is 55.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Dutch Bros and its competitors. For the Restaurants industry, the median Net Margin % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dutch Bros's current Net Margin % is 3.47%, which is 136% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dutch Bros stock overvalued right now?
Based on GuruFocus' analysis, Dutch Bros (BROS) is currently considered Modestly Overvalued. The stock's GF Value™ is $52.66, compared to a current price of $67.56 — trading 28.3% above its estimated fair value. The current Net Margin % is 3.47%, which is 136% above median its 10-year median of 1.47 and 55.6% above the Restaurants industry median of 2.23. Dutch Bros' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Dutch Bros (BROS), the current Net Margin % is 3.47% as of Mar. 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 Dutch Bros (BROS) Overvalued in 2026?
Based on GuruFocus' analysis, Dutch Bros stock appears to be overvalued.
The current stock price of $67.56 is trading 28.3% above its estimated GF Value™ of $52.66.
GuruFocus considers Dutch Bros to be Modestly Overvalued.
Key valuation signals for BROS:
Net Margin %: 3.47% (136% above median its 10-year median of 1.47)
GF Value™: $52.66 vs. price of $67.56 (28.3% above fair value)
Industry Position: 55.6% above the Restaurants median (#112 of 361)
No single metric tells the full story. See the BROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. It derives maximum revenue from Company-operated shops.
79GF Score
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