Consumer Cyclical / Restaurants

Darden Restaurants, Inc. (DRI)

$198.27
-1.80%
$23.4B
Market Cap
21.5
P/E Ratio
0.59
Beta
2.94%
Dividend Yield
Piotroski 6/9Altman Z 2.5 Gray ZoneBeneish M -2.57 CleanROIC−WACC +2.1%

Quantitative Summary

Deterministic

At 21.5x earnings — a 38% discount to the sector average of 35.0x — DRI is in the lower valuation range. Financial health is average: Piotroski 6/9, Altman Z 2.5. Near modeled fair value — DCF estimates $180 (-6%).

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

Darden Restaurants exhibits a capital allocation profile where the ROIC-WACC spread of 2.2% indicates a modest, albeit positive, economic moat relative to its cost of capital. The DuPont decomposition reveals that the robust 45.4% return on equity is driven primarily by high leverage (equity multiplier of 5.45x) rather than operational efficiency or pricing power, given the net margin sits at a moderate 8.7%. While profitability metrics are strong with an RMW factor score of 0.329 and no red flags for earnings manipulation per the Beneish M-Score of -2.57, solvency concerns emerge from an Altman Z-Score of 2.6, which suggests a heightened probability of financial distress compared to peers. The Piotroski F-Score of 6/9 further contextualizes this by indicating decent fundamental strength but falling short of the threshold for exceptional quality.

Valuation analysis presents a significant divergence between market pricing and intrinsic value models. Trading at a forward P/E multiple of 20.7x, Darden commands less than half the valuation premium seen in its consumer cyclical sector average of 42.1x, reflecting lower growth expectations embedded by the market. This discount aligns with the discounted cash flow model's fair value estimate of $185, which implies a conservative decade-long free cash flow growth rate of only 5.6%. Consequently, current trading levels suggest the stock is priced at approximately -5.6% downside from this DCF-derived benchmark, indicating that the market has already factored in limited expansion potential despite the company's solid profitability factor.

Risk assessment highlights a notable divergence between fundamental quality and recent ownership dynamics. Although Fama-French alpha remains neutral at -0.05%, signaling no abnormal risk-adjusted returns relative to size or value factors over time, insider activity presents a conflicting signal. Over the past 90 days, net insider selling totaling $6.7 million suggests management may view current valuations as less attractive than alternative capital deployment opportunities, potentially offsetting the appeal of the stock's depressed multiple and moderate leverage profile for risk-averse investors.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$198.27
Fair Value
$185
Implied Upside
-6.6%
$185IMPLIED FAIR VALUEFAIRLY VALUEDOVERUNDER
Growth Rate (Y1–5)7%
-10%20%50%
Discount Rate (WACC)8.3%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
5.6%annual FCF growth priced in at $198.27

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 6% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →6.3%8.3%10.3%
2%$235$154$112
3%$299$180$126
4%$420$218$143

Center = base case. Green = >10% upside, Red = >10% downside vs $198.27.

Pre-computed DCF: WACC=8.3%, terminal growth 3%. Fair value $180 (-6.2%). Not investment advice.

Valuation Context

21.5x
DRI P/E
35.0x
Sector Avg
21.3x
5Y Avg P/E
-38%
vs Sector

Currently trading 5% below its 5-year average P/E of 21.3x.

Price Chart with Moving Averages

Loading chart...
SMA 50 SMA 200

Technical Setup

AI Generated

Darden Restaurants, Inc. is currently trading at $193.73 within the Consumer Cyclical sector. Without specific Moving Average Envelope parameters or historical price data points provided in this context, a precise determination of whether the current valuation sits near the upper or lower boundaries of its statistical range cannot be established. The technical implication relies entirely on where this absolute price level aligns relative to the calculated standard deviations from recent mean prices. If the market structure indicates that $193.73 represents an extreme deviation, historical patterns often suggest a potential pullback toward central tendency; conversely, if the price remains within the core band of normal fluctuation, momentum may continue without immediate reversal pressure. The absence of explicit envelope data prevents a definitive assessment of mean-reversion probability at this exact moment. Technical analysis typically posits that assets trading far above their average true range often face downward correction forces, while those deeply below may attract upward support. For DRI specifically, the current figure must be weighed against its own short-term and long-term volatility metrics to gauge distance from equilibrium. Observers should monitor if subsequent price action tests key statistical limits derived from past performance, as such interactions frequently signal shifts in market sentiment or distribution dynamics rather than immediate directional certainty.

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

6/9
Piotroski F-Score
Average — mixed operational signals
2.5
Altman Z-Score
Grey Zone — between 1.8 and 3.0 thresholds. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.57
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

21.9%
Gross Margin
8.7%
Net Margin
10.4%
ROIC
8.3%
WACC
ROIC − WACC Spread: +2.1%— Positive spread.
+6.0%
Revenue Growth (YoY)
+2.1%
Earnings Growth (YoY)
1.0B
Free Cash Flow
64%
FCF Payout Ratio

✅ Conservative payout — room for dividend increases.

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

8.7%
Net Profit Margin
NI ÷ Revenue
×
0.96x
Asset Turnover
Revenue ÷ Assets
×
5.45x
Equity Multiplier
Assets ÷ Equity
=
45.4%
Return on Equity
⚠️ High equity multiplier — ROE is being amplified by leverage, not operational excellence.

Balance Sheet Health

4.45x
Debt / Equity
0.42x
Current Ratio
7.7x
Interest Coverage
1.0x
Net Debt / EBITDA
4.26%
FCF Yield
1.9B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
-$7M
Net Selling
0
Buy Transactions
9
Sale Transactions
2026-03-23SIMON WILLIAM S. JR.Sold 2/8 qtrsSale$468,082
2026-03-23SIMON WILLIAM S. JR.Sold 2/8 qtrsSale$475,839
2026-02-20KENNINGHAM DARYL AOther149 shares
2026-01-23SONSTEBY CHARLES MSold 2/8 qtrsSale$641,210
2026-01-22KING SARAH HSold 3/8 qtrsSale$951,636

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $2.97
Act: $2.98
+0.4%
Q3
✗ Miss
Est: $2.01
Act: $1.97
-2.0%
Q2
✗ Miss
Est: $2.10
Act: $2.08
-0.8%
Q1
✓ Beat
Est: $2.94
Act: $2.95
+0.3%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Dividend History

$1.5000
Latest Dividend
$5.80
2025 Total
+7.0%
YoY Growth
5 yrs
Consecutive Increases
Annual Dividends per Share
$2.12
2016
$2.38
2017
$2.76
2018
$3.26
2019
$1.18
2020
$3.45
2021
$4.62
2022
$5.04
2023
$5.42
2024
$5.80
2025
$3.00
2026
DateAmountChange
2026-04-10$1.50000.0%
2026-01-09$1.50000.0%
2025-10-10$1.50000.0%
2025-07-10$1.5000+7.1%
2025-04-10$1.40000.0%
2025-01-10$1.40000.0%
2024-10-10$1.40000.0%
2024-07-10$1.4000+6.9%
2024-04-09$1.31000.0%
2024-01-09$1.31000.0%
2023-10-06$1.31000.0%
2023-07-07$1.3100+8.3%
Stock Splits
2015-11-10: 1.118693:12002-05-02: 1.5:1

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

26.3%
Annual Volatility
-0.05
Sharpe (1Y)
-23.9%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.66
Market β
Mkt-RF
+0.291
Size (SMB)
Small-cap tilt
+0.082
Value (HML)
Neutral
+0.329
Profit (RMW)
Robust
+0.606
Invest (CMA)
Conservative
Alpha (annual): -0.05%
R²: 26.8%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

17.9
Forward P/E
1.80
PEG Ratio
11.12
Price/Book
1M
Avg Volume
$228.27
52W High
$169.00
52W Low
49%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$4.0B
Tracked Passive Exposure
8
ETFs Holding DRI
0.06%
Avg Weight in ETFs
$6.4T
Total ETF AUM

When investors buy or sell ETFs like SCHD or XLY, the fund manager is mechanically forced to buy or sell DRI shares regardless of Darden Restaurants, Inc.'s individual fundamentals. We estimate $4.0B of passive capital is structurally linked to DRI through 8 tracked ETFs. Index rebalances and ETF creation/redemption cycles can create noticeable volume spikes unrelated to company news.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Darden Restaurants, Inc. to visualize passive redemption contagion across ETFs and collateral stocks.

DRI Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
DRIEpicenterVTIETFVOOETFIVVETFAMZNLow RiskAMZNLow RiskTSLALow RiskTSLALow RiskHDLow Risk
DRI Price Drop (%)0

If Darden Restaurants, Inc. (DRI) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies AMAZON.COM INC (AMZN) as the most exposed collateral stock, sharing 1 ETFs with DRI. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 31 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

DRI Ownership Dynamics

Passive funds hold 1 in every 5 DRI shares, reducing daily market volatility.

Ticker
DRI
Total Shares
115M
ETF Lock-Up
18.7%
Display Mode
Total Float Impact
18.7%Locked Float

Darden Restaurants, Inc. (DRI) exerts notable gravity on the passive index market, currently representing 0.9% of the Schwab U.S. Dividend Equity ETF (SCHD) and 0.5% of the State Street Consumer Discretionary Select Sector SPDR ETF (XLY). Across 31 tracked ETFs, approximately 21M shares (18.7% of float) are held by passive funds and rarely trade on the open market. This level of passive ownership means index rebalances can create outsized volume events.

Float lock-up computed from 31 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

DRI Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
DRI
PRICE
$198.27
FLOOR (POC)
$202.41
STRENGTH
Medium
$169$172$175$177$180$183$1867%$1896%$191$194$1977%$2009%$198.27$202POC 10%$2059%$2086%$2117%$2137%$216$219$222
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for Darden Restaurants, Inc. over the past year sits near $202.41 (10% of 252-day volume). The current price of $198.27 sits 2.0% below the POC — suggesting potential mean-reversion upside if institutional demand reasserts at this level.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

DRI Capital Efficiency

How efficiently does Darden Restaurants, Inc. convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$1.0B
EBITDA
$1.9B
FCF Conversion
55%
Reinvestment Rate
45%
55% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
10.4%
ROIC − WACC Spread
2.1%

Darden Restaurants, Inc. converts 55% of its EBITDA into free cash flow, a healthy conversion rate indicating efficient capital management — the business generates substantial cash after reinvestment. The positive ROIC-WACC spread of 2.1% confirms that reinvested capital creates shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-1218$195.80$3,524.4
2026-05-077,660$195.70$1.5M
2026-05-04751$194.76$146,264.76
2026-04-28199$198.70$39,541.3
2026-04-201,003$201.07$201,673.21
2026-04-103$196.34$589.02
2026-04-01150$196.04$29,406
2026-03-31149$195.05$29,062.45
2026-03-2512$200.52$2,406.24
2026-03-209,920$204.42$2.0M
2026-03-1313,608$198.43$2.7M
2026-03-11596$203.47$121,268.12
2026-03-10104,128$201.64$21.0M
2026-03-0682$206.21$16,909.22
2026-03-0516$203.41$3,254.56
2026-02-276,688$214.83$1.4M
2026-02-2571$213.92$15,188.32
2026-02-092,599$216.27$562,085.73
2026-02-0686$213.56$18,366.16
2026-02-0519,655$212.22$4.2M
2026-02-0397$200.90$19,487.3
2026-02-0272$199.35$14,353.2
2026-01-299,300$196.50$1.8M
2026-01-26325$206.17$67,005.25
2026-01-2048,063$214.62$10.3M
2026-01-15896$207.87$186,251.52
2026-01-1212,016$202.36$2.4M
2026-01-091,444$202.50$292,410
2026-01-0728$200.25$5,607
2026-01-0560$187.21$11,232.6

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
CUBE0.4180.384Moderate
CMG0.4130.475Moderate
EXR0.4100.416Moderate
VRTPX0.4000.301Moderate
SBUX0.3890.465Moderate
TJX0.3790.406Moderate
SWK0.3780.437Moderate
AMP0.3710.351Moderate
ITW0.3700.378Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare DRI to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.