Darden Restaurants, Inc.

DRI

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

5/31/2025

Revenue

12,077

Cost of Revenue

9,434

Gross Profit

2,643

Gross Margin

21.9%

Operating Income

1,362

Operating Margin

11.3%

Net Income

1,050

Net Margin

8.7%

EPS (Basic)

$8.93

EPS (Diluted)

$8.86

EBITDA

1,882

EBITDA Margin

15.6%

2024

5/31/2024

Revenue

11,390

Cost of Revenue

8,956

Gross Profit

2,435

Gross Margin

21.4%

Operating Income

1,314

Operating Margin

11.5%

Net Income

1,028

Net Margin

9.0%

EPS (Basic)

$8.57

EPS (Diluted)

$8.51

EBITDA

1,779

EBITDA Margin

15.6%

2023

5/31/2023

Revenue

10,488

Cost of Revenue

8,379

Gross Profit

2,109

Gross Margin

20.1%

Operating Income

1,202

Operating Margin

11.5%

Net Income

982

Net Margin

9.4%

EPS (Basic)

$8.06

EPS (Diluted)

$7.99

EBITDA

1,597

EBITDA Margin

15.2%

2022

5/31/2022

Revenue

9,630

Cost of Revenue

7,635

Gross Profit

1,995

Gross Margin

20.7%

Operating Income

1,162

Operating Margin

12.1%

Net Income

953

Net Margin

9.9%

EPS (Basic)

$7.46

EPS (Diluted)

$7.39

EBITDA

1,533

EBITDA Margin

15.9%

2021

5/31/2021

Revenue

7,196

Cost of Revenue

5,703

Gross Profit

1,494

Gross Margin

20.8%

Operating Income

649

Operating Margin

9.0%

Net Income

629

Net Margin

8.7%

EPS (Basic)

$4.83

EPS (Diluted)

$4.77

EBITDA

993

EBITDA Margin

13.8%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2025	2024	2023	2022	2021
Revenue	12,077	11,390	10,488	9,630	7,196
Cost of Revenue	9,434	8,956	8,379	7,635	5,703
Gross Profit	2,643	2,435	2,109	1,995	1,494
Gross Margin	21.9%	21.4%	20.1%	20.7%	20.8%
Operating Income	1,362	1,314	1,202	1,162	649
Operating Margin	11.3%	11.5%	11.5%	12.1%	9.0%
Net Income	1,050	1,028	982	953	629
Net Margin	8.7%	9.0%	9.4%	9.9%	8.7%
EPS (Basic)	$8.93	$8.57	$8.06	$7.46	$4.83
EPS (Diluted)	$8.86	$8.51	$7.99	$7.39	$4.77
EBITDA	1,882	1,779	1,597	1,533	993
EBITDA Margin	15.6%	15.6%	15.2%	15.9%	13.8%