Stock Analiz

Dutch Bros Inc. BROS

Restaurants · IPO 2021 · data as of November 13, 2026

$35.90Market cap $5.0B
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Dutch Bros Inc. (BROS) is a consumer discretionary company listed in the US with a market value of about $5.0B. In the twelve months to September 30, 2026 it had revenue of $2.0B and net income of $102M, a net margin of 5.1%.

Its overall Stock Analiz score is 1.6 out of 5 (weak). The strongest part is future growth (4/5); the weakest is value (0/5).

Key numbers: a P/E of 46.0, a price to free cash flow of 54.5, 5-year revenue growth of 38% a year, a 5-year average ROIC of -14%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 53% below the current price.

Score: 1.6 / 5

Value0/5
Future growth4/5
Track record1/5
Financial health2/5
Shareholder returns1/5

Checks passed

  • Revenue growth above 10% last year
  • 3-year revenue growth above 10% a year
  • Profit margin improving
  • Strong R&D investment or growth above 20%
  • 5-year revenue growth above 8% a year
  • Positive free cash flow
  • Interest covered more than 5 times
  • Stock-based pay below 5% of revenue

Checks not passed

  • P/E below 25
  • P/E below the industry median
  • P/FCF below 20
  • Price below intrinsic value (DCF, moderate assumptions)
  • PEG below 1.5
  • 3-year free cash flow growth above 10% a year
  • 5-year EPS growth above 10% a year
  • 5-year average ROIC above 12%

Valuation

P/E (TTM)46.0
Forward P/E36.3
P/FCF54.5
P/S2.5
P/B6.0
EV/EBITDA16.8
PEG—
Dividend yield0.00%
FCF yield1.8%
Shareholder yield0.0%
Intrinsic value vs. price−53%

Growth and quality

Revenue growth (1 yr)27.9%
Revenue growth (5 yrs, per year)38.0%
EPS growth (5 yrs, per year)—
FCF growth (3 yrs, per year)—
Net margin (5-yr avg.)0.9%
ROIC (5-yr avg.)-13.6%
Profitable years (of last 10)3
Years paying a dividend—

Financials, last 7 years

Fiscal yearTTM2025202420232022202120202019
Revenue$2.0B$1.6B$1.3B$966M$739M$498M$327M$238M
Net income$102M$80M$35M$2M-$5M-$13M$0$0
Free cash flow$91M$54M$25M-$89M-$128M-$38M$13M$17M
EPS (diluted)$0.78$0.64$0.34$0.03$-0.09$-0.28——
Net margin5.1%4.9%2.8%0.2%-0.6%-2.5%0.0%0.0%
ROIC—10.3%7.6%4.1%-0.5%-89.5%8.3%—

From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.

What analysts expect

The average 12-month price target from 26 analysts is $55.04, 53% above the current price; targets range from $29.00 to $79.00; the consensus rating is “Strong buy”; expected EPS is $0.92 for the fiscal year ending December 31, 2026.

Frequently asked questions

What is Dutch Bros’s P/E ratio?

About 46.0, based on the last twelve months of diluted earnings per share (forward P/E about 36.3).

Is Dutch Bros stock undervalued?

Our DCF model with moderate assumptions puts its intrinsic value about 53% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.

Does Dutch Bros pay a dividend?

Not currently.

Is Dutch Bros a good stock to buy?

We do not give buy or sell advice. Dutch Bros scores 1.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.

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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.