Darden Restaurants, Inc. (DRI) FCF Payout Ratio: 45.04%
Is Darden Restaurants, Inc.’s FCF payout ratio high or low?
Darden Restaurants, Inc.'s FCF payout ratio of 45.04% is 36% below its 5-year average of 70.90%, near the low end of its 5-year range (21.91%–148.32%).
29.35% below its 12-month average of 63.75%.
DRI FCF Payout Ratio Chart
DRI Average FCF Payout Ratio Chart
DRI Current vs Average FCF Payout Ratio Chart
DRI FCF Payout Ratio Metrics
FCF PAYOUT RATIO
45.04%
FCF PAYOUT RATIO AVG TTM
63.75%
FCF PAYOUT RATIO AVG 3Y
63.79%
FCF PAYOUT RATIO AVG 5Y
70.90%
FCF PAYOUT RATIO AVG 10Y
57.59%
FCF PAYOUT RATIO AVG 15Y
53.49%
FCF PAYOUT RATIO AVG 20Y
43.83%
CURRENT VS TTM AVG
-29.35%
CURRENT VS 3Y AVG
-29.39%
CURRENT VS 5Y AVG
-36.47%
CURRENT VS 10Y AVG
-21.80%
CURRENT VS 15Y AVG
-15.80%
CURRENT VS 20Y AVG
+2.75%
Payout Ratio Comparison
FCF Payout Ratio
45.0%
Earnings Payout Ratio
67.2%
Dividend Yield
2.81%
FCF Yield
6.29%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.04B | $658.50M | 63.6% |
| 2024 | $983.60M | $628.40M | 63.9% |
| 2023 | $951.80M | $589.80M | 62.0% |
| 2022 | $857.00M | $563.00M | 65.7% |
| 2021 | $924.90M | $202.60M | 21.9% |
| 2020 | $217.30M | $322.30M | 148.3% |
| 2019 | $783.60M | $370.80M | 47.3% |
| 2018 | $587.30M | $313.50M | 53.4% |
| 2017 | $584.40M | $279.10M | 47.8% |
| 2016 | $549.70M | $268.20M | 48.8% |
| 2015 | $2.56B | $278.90M | 10.9% |
| 2014 | $24.10M | $288.30M | n/m |
| 2013 | $263.70M | $258.20M | 97.9% |
| 2012 | ($126.30M) | $223.90M | N/A (Loss) |
| 2011 | $332.90M | $175.50M | 52.7% |
| 2010 | $469.90M | $140.00M | 29.8% |
| 2009 | $247.10M | $110.20M | 44.6% |
| 2008 | $305.00M | $100.90M | 33.1% |
| 2007 | $261.20M | $65.70M | 25.2% |
| 2006 | $378.94M | $59.21M | 15.6% |
| 2005 | $254.00M | $12.51M | 4.9% |
| 2004 | $171.09M | $12.98M | 7.6% |
| 2003 | $86.02M | $13.50M | 15.7% |
| 2002 | $189.75M | $9.22M | 4.9% |
| 2001 | $65.43M | $9.46M | 14.5% |
| 2000 | $68.17M | $10.13M | 14.9% |
| 1999 | $224.50M | $10.90M | 4.9% |
| 1998 | $123.90M | $11.70M | 9.4% |
| 1997 | $29.50M | $12.40M | 42.0% |
| 1996 | $80.10M | $12.60M | 15.7% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Darden Restaurants, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Darden Restaurants, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Darden Restaurants, Inc. (DRI)?
- The FCF payout ratio for DRI stock is 45.04%.
- Is Darden Restaurants, Inc.'s FCF payout ratio high or low?
- Darden Restaurants, Inc.'s FCF payout ratio of 45.04% is 36% below its 5-year average of 70.90%, near the low end of its 5-year range (21.91%–148.32%).
- What is the TTM average FCF payout ratio for Darden Restaurants, Inc. (DRI)?
- The TTM average FCF payout ratio for DRI stock is 63.75%.
- What is the 3Y average FCF payout ratio for Darden Restaurants, Inc. (DRI)?
- The 3Y average FCF payout ratio for DRI stock is 63.79%.
- What is the 5Y average FCF payout ratio for Darden Restaurants, Inc. (DRI)?
- The 5Y average FCF payout ratio for DRI stock is 70.90%.
- What is the 10Y average FCF payout ratio for Darden Restaurants, Inc. (DRI)?
- The 10Y average FCF payout ratio for DRI stock is 57.59%.
- What is the 15Y average FCF payout ratio for Darden Restaurants, Inc. (DRI)?
- The 15Y average FCF payout ratio for DRI stock is 53.49%.
- What is the 20Y average FCF payout ratio for Darden Restaurants, Inc. (DRI)?
- The 20Y average FCF payout ratio for DRI stock is 43.83%.
Darden Restaurants, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-05-25 | 63.62% |
| 2024-05-26 | 63.89% |
| 2023-05-31 | 61.97% |
| 2022-05-29 | 65.69% |
| 2021-05-30 | 21.91% |
| 2020-05-31 | 148.32% |
| 2019-05-31 | 47.32% |
| 2018-05-31 | 53.38% |
| 2017-05-31 | 47.76% |
| 2016-05-31 | 48.79% |
| 2015-05-31 | 10.88% |
| 2013-05-31 | 97.91% |
| 2011-05-31 | 52.72% |
| 2010-05-31 | 29.79% |
| 2009-05-31 | 44.60% |
| 2008-05-31 | 33.08% |
| 2007-05-31 | 25.15% |
| 2006-05-31 | 15.62% |
| 2005-05-31 | 4.92% |
| 2004-05-31 | 7.59% |
| 2003-05-31 | 15.70% |
| 2002-05-31 | 4.86% |
| 2001-05-31 | 14.45% |
| 2000-05-31 | 14.86% |
| 1999-05-31 | 4.86% |
| 1998-05-31 | 9.44% |
| 1997-05-31 | 42.03% |
| 1996-05-31 | 15.73% |
About Darden Restaurants, Inc.
Darden Restaurants, Inc., through its various subsidiaries, focuses on the ownership and operation of full-service dining establishments across both the United States and Canada. As of May 29, 2022, the company's extensive portfolio comprised 1,867 directly managed restaurants. These included a significant presence from its flagship brands: 884 Olive Garden outlets, 546 LongHorn Steakhouse locations, 172 Cheddar's Scratch Kitchens, 85 Yard House venues, 62 Capital Grille branches, 45 Seasons 52 restaurants, 42 Bahama Breeze sites, 28 Eddie V's Prime Seafood establishments, and 3 Capital Burger eateries. In addition to its owned operations, Darden also oversees 60 franchised restaurants, specifically 35 Olive Garden units, 18 LongHorn Steakhouse units, 4 Cheddar's Scratch Kitchens, 2 Capital Grille locations, and 1 Bahama Breeze restaurant. The company, which originated in 1968, is headquartered in Orlando, Florida.
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- CEO
- Ricardo Cardenas