Dutch BrosBROS +2.93%77 Return-on-Tangible-Asset is 2.11% as of Mar. 2026, which is 134% above its 10-year median of 0.90. GuruFocus rates BROS with a GF Score™ of 77/100 and a GF Value™ of $52.73 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 363 Restaurants companies, Dutch Bros ranks better than 52.07% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Dutch Bros's annualizedNet Income for the quarter that ended in Mar. 2026 was $64 Mil. Dutch Bros's average total tangible assets for the quarter that ended in Mar. 2026 was $3,057 Mil. Therefore, Dutch Bros's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.11%.
The historical rank and industry rank for Dutch Bros's Return-on-Tangible-Asset or its related term are showing as below:
BROS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.36 Med: 0.9 Max: 20.1
Current: 2.77
During the past 7 years, Dutch Bros's highest Return-on-Tangible-Asset was 20.10%. The lowest was -3.36%. And the median was 0.90%.
BROS's Return-on-Tangible-Asset is ranked better than 52.07% of 363
companies
in the Restaurants industry
Industry Median: 2.41
vs BROS: 2.77
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Dutch Bros Return-on-Tangible-Asset Related Terms
Dutch Bros Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Dutch Bros's Return-on-Tangible-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.
BROS vs DPZ, CAVA, LKNCY: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, Dutch Bros's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.
Dutch Bros Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Dutch Bros's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Dutch Bros's Return-on-Tangible-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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.11% mean?
Dutch Bros (BROS) has a Return-on-Tangible-Asset of 2.11% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Dutch Bros and its competitors. This is 134% above median its historical median of 0.90. According to the industry distribution chart, Dutch Bros ranks #174 out of 363 companies in the Restaurants industry, placing it in the top 47.9%.
Is Dutch Bros' Return-on-Tangible-Asset too high?
Dutch Bros' current Return-on-Tangible-Asset of 2.11% is 134% above median its 10-year median of 0.90. The Restaurants industry median Return-on-Tangible-Asset is 2.41. Dutch Bros' value of 2.11% is 12.4% below this industry median. Based on the distribution chart, Dutch Bros ranks #174 out of 363 companies in the Restaurants industry, which is above the industry midpoint. Overall, Dutch Bros has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dutch Bros' Return-on-Tangible-Asset compare to DPZ and CAVA?
According to the Restaurants industry distribution chart, Dutch Bros ranks #174 out of 363 companies for Return-on-Tangible-Asset. This puts Dutch Bros in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Dutch Bros' value of 2.11% is 12.4% below this benchmark. While the company's 10-year median is 0.90 vs. the industry median of 2.41, Dutch Bros has consistently been below 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 Return-on-Tangible-Asset for a Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.41, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dutch Bros's current Return-on-Tangible-Asset of 2.11% is 12.4% below 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Dutch Bros and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dutch Bros's current Return-on-Tangible-Asset is 2.11%, which is 134% above median its own 10-year median of 0.90. 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 $52.73, compared to a current price of $67.56 — trading 28.1% above its estimated fair value. The current Return-on-Tangible-Asset is 2.11%, which is 134% above median its 10-year median of 0.90 and 12.4% below the Restaurants industry median of 2.41. Dutch Bros' overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Dutch Bros (BROS), the current Return-on-Tangible-Asset is 2.11% 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 28.1% above its estimated GF Value™ of $52.73.
GuruFocus considers Dutch Bros to be Modestly Overvalued.
Key valuation signals for BROS:
Return-on-Tangible-Asset: 2.11% (134% above median its 10-year median of 0.90)
GF Value™: $52.73 vs. price of $67.56 (28.1% above fair value)
Industry Position: 12.4% below the Restaurants median (#174 of 363)
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.
77GF Score
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