Driven Brands Holdings Inc.
DRVNFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/28/2024
Revenue
2,340
Cost of Revenue
1,114
Gross Profit
1,225
Gross Margin
52.4%
Operating Income
-140
Operating Margin
-6.0%
Net Income
-292
Net Margin
-12.5%
EPS (Basic)
$-1.79
EPS (Diluted)
$-1.82
EBITDA
28
EBITDA Margin
1.2%
2023
12/31/2023
Revenue
2,304
Cost of Revenue
1,272
Gross Profit
1,032
Gross Margin
44.8%
Operating Income
-687
Operating Margin
-29.8%
Net Income
-745
Net Margin
-32.3%
EPS (Basic)
$-4.50
EPS (Diluted)
$-4.53
EBITDA
-506
EBITDA Margin
-22.0%
2022
12/31/2022
Revenue
2,033
Cost of Revenue
1,066
Gross Profit
968
Gross Margin
47.6%
Operating Income
200
Operating Margin
9.8%
Net Income
43
Net Margin
2.1%
EPS (Basic)
$0.26
EPS (Diluted)
$0.25
EBITDA
330
EBITDA Margin
16.2%
2021
12/31/2021
Revenue
1,467
Cost of Revenue
742
Gross Profit
725
Gross Margin
49.4%
Operating Income
177
Operating Margin
12.1%
Net Income
10
Net Margin
0.7%
EPS (Basic)
$0.06
EPS (Diluted)
$0.06
EBITDA
224
EBITDA Margin
15.2%
2020
12/31/2020
Revenue
904
Cost of Revenue
347
Gross Profit
557
Gross Margin
61.6%
Operating Income
95
Operating Margin
10.5%
Net Income
-4
Net Margin
-0.5%
EPS (Basic)
$-0.02
EPS (Diluted)
$-0.02
EBITDA
165
EBITDA Margin
18.2%