DRI Darden Restaurants PE ratio, current and historical analysis
The current P/E ratio for Darden Restaurants stock as of Nov 21, 2024 is 18.87. This is calculated based on the TTM EPS of $8.72 and the stock price of $164.56 per share. The PE ratio has increased by 3% from its last 4 quarters average of 18.3.
DRI PE ratio history
The average historical PE ratio of Darden Restaurants for the last ten years is 20.06. The current price-to-earnings ratio of 18.87 is 6% less than the historical average. Analyzing the last ten years, DRI's PE ratio reached its highest point in the May 2021 quarter at 29.65, when the price was $143.23 and the EPS was $4.83. The lowest point was recorded in the Nov 2014 quarter, when it reached 11.08 with a price of $55.85 and an EPS of $5.04.
Darden Restaurants PE ratio by year
Maximum annual increase: 94.66% in 2016
Maximum annual decrease: -48.13% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 17.22 | -13.94% |
| 2023 | 20.01 | 18.4% |
| 2022 | 16.9 | -43% |
| 2021 | 29.65 | N/A |
| 2020 | N/A | N/A |
| 2019 | 20.78 | 13.74% |
| 2018 | 18.27 | -20.01% |
| 2017 | 22.84 | -0.48% |
| 2016 | 22.95 | 94.66% |
| 2015 | 11.79 | -48.13% |
DRI average PE ratio chart
Currently, DRI's PE ratio is above its 3-year average, but it is under its 5 and 10-year averages.
DRI PE vs peers
DRI's PE ratio is less than its peer stocks CBRL and BJRI, but it is above DIN's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DIN Dine Brands Global Inc | 5.46 | $499.02M |
| DRI Darden Restaurants Inc | 18.87 | $19.34B |
| CBRL Cracker Barrel Old Country Store Inc | 25.89 | $1.06B |
| BJRI BJs RESTAURANTS INC | 26.76 | $787.63M |
| BLMN Bloomin' Brands Inc | N/A | $1.09B |
Frequently asked questions
What is Darden Restaurants's PE ratio?
As of Nov 21, 2024, DRI stock has a price to earnings ratio of 18.87.
What is the 3-year average PE ratio for Darden Restaurants (DRI)?
The average PE ratio for DRI stock over the past 3 years is 18.64.
What is the 5-year average PE ratio for Darden Restaurants (DRI)?
The average PE ratio for DRI stock over the past 5 years is 20.21.
What is the highest PE ratio for DRI?
Over the last ten years, the quarterly PE ratio reached its highest level at 29.65 in the May 2021 quarter.
How does the current PE ratio for DRI compare to its historical average?
The current PE ratio of DRI is 6% lower than the 10-year historical average.
How is DRI's PE ratio calculated (Darden Restaurants PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 21, 2024), Darden Restaurants's share price is $164.56. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $8.72. Therefore, Darden Restaurants's price to earnings ratio for today is 18.87. PE RATIO(18.87) = STOCK PRICE($164.56) / TTM EPS($8.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.