NASDAQ : DRVN
Driven Brands Holdings Inc. — Financial statements
Consumer Discretionary · Auto & Truck Dealerships · United States
Last price 12.07 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.99B
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Financial statements
Driven Brands Holdings Inc. (DRVN) reported revenue of 1.93B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.93B | 1.86B | 1.75B | 1.71B | 2.03B | 1.47B |
| Cost of Revenue | 1.07B | 1.03B | 952.14M | 1.00B | 1.15B | 817.03M |
| Gross Profit | 866.46M | 837.39M | 800.34M | 705.14M | 879.52M | 650.25M |
| Selling, General & Admin | 461.63M | 496.30M | 464.99M | 389.56M | 401.66M | 292.26M |
| Operating Expenses | 547.54M | 578.15M | 543.98M | 466.14M | 548.82M | 407.54M |
| Operating Income | 318.92M | 259.24M | 256.36M | 239.00M | 330.71M | 242.71M |
| Interest Expense | -98.03M | -121.20M | -156.99M | -160.40M | -114.10M | -75.91M |
| Currency Exchange Gain (Loss) | -4.56M | 14.71M | -17.53M | 4.08M | -17.17M | -20.68M |
| EBT Excluding Unusual Items | 216.33M | 152.75M | 81.84M | 82.67M | 199.44M | 146.11M |
| Merger & Restructuring Charges | -28.13M | -28.13M | -56.54M | -123.82M | -131.10M | -65.64M |
| Other Unusual Items | -28.21M | -5.39M | -205.00K | -45.58M | ||
| Pretax Income | 159.99M | 119.23M | 25.09M | -41.15M | 68.34M | 34.89M |
| Income Tax Expense | -3.25M | -12.84M | 24.55M | 5.64M | 25.17M | 25.36M |
| Earnings From Continuing Operations | 163.24M | 132.07M | 546.00K | -46.78M | 43.17M | 9.54M |
| Earnings From Discontinued Operations | 2.03M | 8.09M | -298.00M | -752.15M | ||
| Net Income to Company | 165.27M | 140.16M | -297.45M | -798.93M | 43.17M | 9.54M |
| Minority Interest in Earnings | 15.00K | 96.00K | ||||
| Net Income | 165.27M | 140.16M | -297.45M | -798.93M | 43.19M | 9.63M |
| Preferred Dividends & Other Adjustments | 480.00K | 1.06M | 10.00K | 914.00K | 207.00K | |
| Net Income to Common | 164.79M | 139.10M | -297.46M | -798.93M | 42.27M | 9.43M |
| Shares Outstanding (Basic) | 164.15M | 162.84M | 160.32M | 161.92M | 162.76M | 160.68M |
| Shares Outstanding (Diluted) | 164.75M | 163.85M | 160.32M | 161.92M | 166.74M | 164.64M |
| EPS (Basic) | 1.00 | 0.85 | -1.86 | -4.93 | 0.26 | 0.06 |
| EPS (Diluted) | 1.00 | 0.85 | -1.86 | -4.94 | 0.25 | 0.06 |
| Free Cash Flow | 133.78M | 107.77M | -44.68M | -367.91M | -239.03M | 123.07M |
| Free Cash Flow Per Share | 0.81 | 0.66 | -0.28 | -2.27 | -1.43 | 0.75 |
| Gross Margin | 44.86% | 44.96% | 45.67% | 41.23% | 43.26% | 44.32% |
| Operating Margin | 16.51% | 13.92% | 14.63% | 13.98% | 16.27% | 16.54% |
| Profit Margin | 8.53% | 7.47% | -16.97% | -46.72% | 2.08% | 0.64% |
| Free Cash Flow Margin | 6.93% | 5.79% | -2.55% | -21.52% | -11.76% | 8.39% |
| EBITDA | 404.83M | 341.10M | 335.35M | 315.57M | 477.87M | 355.49M |
| EBITDA Margin | 20.96% | 18.31% | 19.14% | 18.45% | 23.50% | 24.23% |
| D&A For EBITDA | 85.91M | 81.86M | 78.99M | 76.58M | 147.16M | 112.78M |
| EBIT | 318.92M | 259.24M | 256.36M | 239.00M | 330.71M | 242.71M |
| EBIT Margin | 16.51% | 13.92% | 14.63% | 13.98% | 16.27% | 16.54% |
| Effective Tax Rate | 97.82% | 36.83% | 72.67% | |||
| Revenue as Reported | 1.93B | 1.86B | 1.75B | 1.71B | 2.03B | 1.47B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 183.95M | 102.94M | 103.44M | 176.52M | 227.11M | 523.41M |
| Cash & Short-Term Investments | 183.95M | 102.94M | 103.44M | 176.52M | 227.11M | 523.41M |
| Accounts Receivable | 155.25M | 131.96M | 146.37M | 151.26M | 179.89M | 117.90M |
| Other Receivables | 48.45M | 49.27M | 26.58M | 15.93M | 15.07M | 6.87M |
| Receivables | 203.69M | 181.22M | 172.95M | 167.19M | 194.96M | 124.77M |
| Inventory | 52.09M | 52.38M | 48.89M | 83.17M | 72.04M | 46.99M |
| Prepaid Expenses | 30.30M | 50.10M | 24.07M | 46.71M | 38.93M | 23.33M |
| Restricted Cash | 100.00K | 162.00K | 358.00K | 657.00K | 792.00K | 792.00K |
| Other Current Assets | 83.82M | 154.05M | 258.15M | 346.86M | 37.58M | 49.63M |
| Total Current Assets | 553.95M | 540.85M | 607.85M | 821.11M | 571.41M | 768.93M |
| Property, Plant & Equipment | 1.04B | 985.26M | 861.24M | 2.83B | 2.84B | 2.35B |
| Goodwill | 1.21B | 1.22B | 1.21B | 1.46B | 2.28B | 1.91B |
| Other Intangible Assets | 606.31M | 617.85M | 634.79M | 739.40M | 765.90M | 816.18M |
| Long-Term Deferred Tax Assets | 3.92M | 3.98M | 7.20M | 3.66M | 2.91M | 1.51M |
| Long-Term Deferred Charges | 7.82M | 7.82M | 7.25M | 6.31M | 7.12M | 10.57M |
| Other Long-Term Assets | 113.26M | 786.15M | 1.93B | 56.56M | 30.56M | 3.18M |
| Total Assets | 3.54B | 4.16B | 5.25B | 5.91B | 6.50B | 5.86B |
| Accounts Payable | 128.47M | 93.03M | 86.19M | 67.53M | 60.61M | 83.03M |
| Accrued Expenses | 166.82M | 145.93M | 117.85M | 166.74M | 235.55M | 249.03M |
| Current Portion of Long-Term Debt | 26.24M | 270.01M | 28.28M | 28.25M | 28.25M | 22.94M |
| Current Portion of Leases | 53.78M | 47.83M | 79.36M | 81.50M | 60.69M | |
| Current Income Taxes Payable | 2.23M | 2.65M | 5.59M | 5.40M | 4.45M | 11.05M |
| Other Current Liabilities | 52.97M | 160.41M | 163.04M | 79.89M | 95.06M | 51.03M |
| Total Current Liabilities | 376.73M | 725.81M | 448.78M | 427.17M | 505.42M | 477.78M |
| Long-Term Debt | 1.66B | 1.86B | 2.64B | 2.90B | 2.66B | 2.33B |
| Long-Term Leases | 535.27M | 520.69M | 453.73M | 1.35B | 1.22B | 959.56M |
| Long-Term Unearned Revenue | 29.87M | 30.36M | 31.89M | 30.51M | 30.05M | 28.24M |
| Pension & Post-Retirement Benefits | 6.00M | |||||
| Long-Term Deferred Tax Liabilities | 26.44M | 13.55M | 31.89M | 154.74M | 276.75M | 257.07M |
| Other Long-Term Liabilities | 78.71M | 238.70M | 1.10B | 148.33M | 145.33M | 161.11M |
| Total Liabilities | 2.71B | 3.39B | 4.71B | 5.00B | 4.85B | 4.21B |
| Common Stock | 1.65M | 1.65M | 1.64M | 1.64M | 1.67M | 1.67M |
| Additional Paid-In Capital | 1.75B | 1.74B | 1.71B | 1.65B | 1.63B | 1.61B |
| Retained Earnings | -864.13M | -953.21M | -1.09B | -710.09M | 84.80M | 41.61M |
| Comprehensive Income & Other | -49.72M | -17.65M | -72.07M | -37.88M | -62.44M | -5.03M |
| Total Common Equity | 833.29M | 767.20M | 543.77M | 906.08M | 1.65B | 1.64B |
| Minority Interest | 644.00K | 631.00K | 1.10M | |||
| Shareholders' Equity | 833.29M | 767.20M | 543.77M | 906.72M | 1.65B | 1.65B |
| Total Liabilities & Equity | 3.54B | 4.16B | 5.25B | 5.91B | 6.50B | 5.86B |
| Total Debt | 2.22B | 2.71B | 3.17B | 4.35B | 3.99B | 3.37B |
| Net Cash (Debt) | -2.04B | -2.61B | -3.07B | -4.17B | -3.77B | -2.85B |
| Net Cash Per Share | -12.36 | -15.90 | -19.16 | -25.78 | -22.58 | -17.30 |
| Filing Date Shares Outstanding | 164.98M | 164.93M | 163.84M | 163.97M | 167.44M | 167.51M |
| Total Common Shares Outstanding | 164.98M | 164.53M | 163.84M | 163.97M | 167.40M | 167.51M |
| Working Capital | 177.22M | -184.95M | 159.07M | 393.94M | 65.99M | 291.14M |
| Book Value Per Share | 5.05 | 4.66 | 3.32 | 5.53 | 9.87 | 9.82 |
| Tangible Book Value | -982.25M | -1.07B | -1.30B | -1.29B | -1.39B | -1.08B |
| Tangible Book Value Per Share | -5.95 | -6.50 | -7.91 | -7.86 | -8.30 | -6.46 |
| Land | 38.03M | 20.63M | 138.24M | 127.61M | 152.84M | |
| Buildings | 93.16M | 69.51M | 644.69M | 641.52M | 671.52M | |
| Machinery | 231.69M | 191.82M | 617.69M | 448.58M | 357.01M | |
| Construction In Progress | 28.11M | 55.59M | 129.07M | 313.82M | 133.72M | |
| Leasehold Improvements | 322.18M | 262.39M | 275.48M | 228.01M | 172.74M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 165.27M | 140.16M | -297.45M | -798.93M | 43.19M | 9.63M |
| Depreciation & Amortization | 85.91M | 81.86M | 78.99M | 76.58M | 147.16M | 112.78M |
| Other Amortization | 29.81M | 27.43M | 20.58M | 12.98M | 8.45M | 7.00M |
| Loss (Gain) From Sale of Assets | -4.22M | -28.05M | 26.68M | 14.63M | -34.85M | -11.35M |
| Asset Writedown & Restructuring Costs | 31.87M | 56.44M | 56.54M | 974.79M | 131.10M | 3.26M |
| Stock-Based Compensation | 20.07M | 32.28M | 52.10M | 20.29M | 20.58M | 4.30M |
| Provision & Write-off of Bad Debts | 12.86M | 18.72M | 8.96M | 10.69M | 5.78M | 1.85M |
| Other Operating Activities | -11.34M | -14.97M | -44.77M | -121.19M | 37.16M | 73.84M |
| Change in Accounts Receivable | 5.98M | -12.09M | -37.57M | 17.26M | -58.84M | -36.40M |
| Change in Inventory | -3.10M | -1.48M | -2.33M | -3.77M | -22.71M | -5.72M |
| Change in Accounts Payable | 6.70M | 604.00K | 24.56M | 18.00M | -34.63M | 6.91M |
| Change in Unearned Revenue | -1.10M | -1.54M | 1.28M | 2.07M | 1.93M | 6.68M |
| Change in Income Taxes | -14.42M | -6.31M | -12.92M | -1.13M | -12.34M | 4.47M |
| Change in Other Net Operating Assets | -33.18M | -15.90M | -65.81M | -101.06M | -34.79M | 106.58M |
| Operating Cash Flow | 312.84M | 330.54M | 243.95M | 228.57M | 197.18M | 283.83M |
| Capital Expenditures | -179.06M | -222.77M | -288.63M | -596.48M | -436.20M | -160.76M |
| Sale of Property, Plant & Equipment | 194.33M | |||||
| Cash Acquisitions | -5.22M | -11.25M | -2.99M | -59.57M | -763.06M | -800.83M |
| Divestitures | 498.73M | 280.65M | 96.00M | 9.99M | 25.19M | 2.52M |
| Other Investing Activities | 186.29M | 186.10M | 51.37M | 194.66M | 333.80M | 144.13M |
| Investing Cash Flow | 500.74M | 232.73M | 50.08M | -451.41M | -840.28M | -814.94M |
| Long-Term Debt Issued | 782.00M | 320.79M | 378.00M | 800.00M | 1.48B | |
| Long-Term Debt Repaid | -1.33B | -574.47M | -163.54M | -462.28M | -1.27B | |
| Net Debt Issued (Repaid) | -715.55M | -550.09M | -253.68M | 214.46M | 337.72M | 208.84M |
| Issuance of Common Stock | 6.12M | 340.00K | 761.23M | |||
| Repurchase of Common Stock | -3.98M | -4.39M | -1.59M | -49.96M | -43.04M | |
| Other Financing Activities | -30.70M | -10.49M | -48.66M | -326.00K | 5.31M | -41.49M |
| Financing Cash Flow | -750.24M | -564.97M | -303.93M | 170.29M | 343.37M | 885.54M |
| Foreign Exchange Rate Adjustments | -1.30M | 5.65M | -4.10M | 484.00K | -2.28M | 558.00K |
| Net Cash Flow | 62.04M | 3.95M | -14.01M | -52.06M | -302.02M | 354.99M |
| Free Cash Flow | 133.78M | 107.77M | -44.68M | -367.91M | -239.03M | 123.07M |
| Free Cash Flow Margin | 6.93% | 5.79% | -2.55% | -21.52% | -11.76% | 8.39% |
| Free Cash Flow Per Share | 0.81 | 0.66 | -0.28 | -2.27 | -1.43 | 0.75 |
| Levered Free Cash Flow | 267.64M | 100.91M | 118.42M | -813.90M | -221.91M | 194.91M |
| Unlevered Free Cash Flow | 321.60M | 166.93M | 206.78M | -723.96M | -159.05M | 235.36M |
| Cash Interest Paid | 96.61M | 120.77M | 147.75M | 156.08M | 113.23M | 75.81M |
| Cash Income Tax Paid | 9.53M | 24.85M | 37.14M | 22.95M | 17.22M | 12.76M |
| Change in Working Capital | -39.13M | -36.71M | -92.80M | -68.63M | -161.39M | 82.51M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.05B | 2.44B | 2.66B | 2.34B | 4.57B | 5.57B |
| Enterprise Value | 4.08B | 5.03B | 6.54B | 6.37B | 8.16B | 8.06B |
| Last Close Price | 12.40 | 14.82 | 16.22 | 14.26 | 27.31 | 33.30 |
| PE Ratio | 12.44 | 17.52 | 108.15 | 591.38 | ||
| Forward PE | 9.55 | 10.84 | 14.07 | 13.62 | 21.26 | 35.58 |
| PS Ratio | 1.06 | 1.31 | 1.52 | 1.37 | 2.25 | 3.80 |
| PB Ratio | 2.46 | 3.18 | 4.89 | 2.58 | 2.77 | 3.39 |
| P/FCF Ratio | 15.29 | 22.61 | 45.29 | |||
| P/OCF Ratio | 6.54 | 7.37 | 10.91 | 10.23 | 23.19 | 19.64 |
| PEG Ratio | 0.61 | 0.98 | 0.81 | 1.12 | 1.20 | 0.77 |
| EV/Sales Ratio | 2.11 | 2.70 | 3.73 | 3.73 | 4.01 | 5.49 |
| EV/EBITDA Ratio | 10.08 | 14.75 | 19.49 | 20.19 | 17.07 | 22.68 |
| EV/EBIT Ratio | 12.80 | 19.41 | 25.49 | 26.66 | 24.67 | 33.21 |
| EV/FCF Ratio | 30.51 | 46.68 | 65.50 | |||
| Debt / Equity Ratio | 2.67 | 3.53 | 5.84 | 4.80 | 2.41 | 2.05 |
| Debt / EBITDA Ratio | 4.54 | 6.42 | 7.77 | 11.34 | 6.58 | 7.21 |
| Debt / FCF Ratio | 16.60 | 25.13 | 27.40 | |||
| Net Debt / Equity Ratio | 2.44 | 3.40 | 5.65 | 4.60 | 2.28 | 1.73 |
| Net Debt / EBITDA Ratio | 5.03 | 7.64 | 9.16 | 13.23 | 7.88 | 8.01 |
| Net Debt / FCF Ratio | 15.22 | 24.17 | -68.74 | -11.35 | -15.75 | 23.14 |
| Asset Turnover | 0.49 | 0.40 | 0.31 | 0.28 | 0.33 | 0.28 |
| Inventory Turnover | 17.86 | 20.25 | 14.42 | 12.95 | 19.39 | 18.15 |
| Quick Ratio | 1.03 | 0.39 | 0.62 | 0.81 | 0.83 | 1.36 |
| Current Ratio | 1.47 | 0.74 | 1.35 | 1.92 | 1.13 | 1.61 |
| Return on Equity (ROE) | 20.71% | 20.15% | 0.07% | -3.65% | 2.62% | 0.69% |
| Return on Assets (ROA) | 5.10% | 3.44% | 2.87% | 2.41% | 3.35% | 2.89% |
| Return on Invested Capital (ROIC) | 11.12% | 7.42% | 0.13% | 4.55% | 4.21% | 1.57% |
| Return on Capital Employed (ROCE) | 10.10% | 7.50% | 5.30% | 4.40% | 5.50% | 4.50% |
| Earnings Yield | 8.04% | 5.75% | -11.17% | -34.17% | 0.95% | 0.17% |
| FCF Yield | 6.54% | 4.42% | -1.68% | -15.74% | -5.23% | 2.21% |
| Buyback Yield / Dilution | -2.13% | -2.20% | 0.99% | 2.89% | -1.27% | -57.83% |