Darden Restaurants, Inc. (DRI) Stock

Darden Restaurants, Inc. (DRI) is a Consumer Discretionary stock trading at $217.99 (as of 2026-08-20), with a market capitalization of $24.87B and a trailing P/E of 20.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 29, 2022, it owned and operated 1,867 restaurants, which included 884 under the Olive Garden brand, 546 under the LongHorn Steakhouse brand name, 172 under the Cheddar's Scratch Kitchen brand, 85 under the Yard House brand name, 62 under The Capital Grille brand, 45 under the Seasons 52 brand name, 42 under the Bahama Breeze brand, 28 under the Eddie V's Prime Seafood brand name, and 3 under the Capital Burger brand; and franchised 60 restaurants comprising 35 under the Olive Garden brand, 18 under the LongHorn Steakhouse brand name, 4 under the Cheddar's Scratch Kitchen brand, 2 under The Capital Grille brand name, and 1 under the Bahama Breeze brand.Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida.

Understand Darden Restaurants, Inc.: how it makes money

Darden Restaurants owns and operates full-service restaurants in the United States and Canada, generating money from sales at its restaurant brands (with additional presence in franchised restaurants).

Because Darden is an owner-operator of full-service restaurant brands, its profit model is fundamentally driven by brand-level restaurant sales that translate into brand segment profit, with Olive Garden contributing the largest share of segment sales.

Revenue by segment (latest quarter)
OliveGarden	$1.3B
LongHorn	$0.8B
FineDining	$0.4B
Other	$0.7B

Business quality (Solid): Good brand-level sales and segment profit data are provided for major buckets (Olive Garden, LongHorn, Fine Dining, Other), but the revenue split does not fully reconcile to the provided total revenue number, and franchise details are incomplete.

Valuation: At 23× earnings, DRI trades 17% below the Restaurants, Hotels & Motels average (27×). Note: one-time items can distort reported P/E.

Bull case

Largest sales engine by brand: Olive Garden Segment Sales are the biggest among the provided brand-level sales buckets (1.33B).
Clear brand-level profitability contribution: Olive Garden segment profit is provided (0.33B), supporting that brand sales flow through to segment earnings.

Bear case

Brand concentration risk: With Olive Garden representing the largest provided segment sales bucket (1.33B), weakening at that brand could disproportionately affect overall results.
Lower profitability in other brands: LongHorn Steakhouse segment profit is smaller in the provided data (0.17B), and Fine Dining segment profit is also smaller (0.09B), which can limit upside if costs rise or sales slow.

Valuation — source: SEC EDGAR (first-party)
Price	$217.99
Market Cap	$24.87B
P/E Ratio	20.6
EV / EBITDA	12.7
Price / Book	11.27
Price / Sales	1.88
DCF Value (model)	$167.51
DCF Upside vs Price	-23.2%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$13.21B
Net Margin	9.1%
Revenue Growth (YoY)	9.4%
EPS Growth (YoY)	17.0%

Financial Health — source: SEC EDGAR
Altman Z-Score	2.63 (grey)

Valuation vs Sector & Industry
Stock P/E	20.6
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Restaurants, Hotels & Motels)	26.6
vs Sector	0.6%
vs Industry	-22.4%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	Capital World Investors ($2.93B)
Institutional Holders Tracked	10
Congressional Trades (recent)	10

Company
Sector	Consumer Discretionary
Industry	Restaurants, Hotels & Motels
CEO	Ricardo Cardenas
Employees	191,105
Country	US
IPO Date	1995-05-09

Related Companies (Business model: Restaurant Operator / Franchisor; 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.