This page shows Driven Brands Holdings Inc. (DRVN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Positive operating cash is being absorbed by reinvestment and interest costs, leaving reported losses and limited balance-sheet flexibility.
From FY2022 to FY2024, operating cash flow remained positive even as net income swung to a-$292M loss, so the earnings deterioration was not matched by a collapse in cash coming in. But FY2024 capex of$289M still exceeded operating cash flow of$241M , meaning cash generation at the operating line did not translate into owner cash.
The balance sheet is more debt-heavy than it was two years ago: debt to equity reached 4.4x in FY2024 while equity fell to
Near-term liquidity looks more workable than the loss figures imply, with a current ratio of 1.5x and cash of
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Driven Brands Holdings Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Driven Brands Holdings Inc. has an operating margin of 12.4%, meaning the company retains $12 of operating profit per $100 of revenue. This results in a moderate score of 47/100, indicating healthy but not exceptional operating efficiency. This is up from 11.4% the prior year.
Driven Brands Holdings Inc.'s revenue grew 6.3% year-over-year to $1.9B, a solid pace of expansion. This earns a growth score of 41/100.
Driven Brands Holdings Inc. has a moderate D/E ratio of 2.45. This balance of debt and equity financing earns a leverage score of 52/100.
Driven Brands Holdings Inc.'s current ratio of 0.75 is below the typical benchmark, resulting in a score of 9/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Driven Brands Holdings Inc.'s free cash flow margin of 5.8% results in a low score of 20/100. Capital expenditures of $222.8M absorb a large share of operating cash flow.
Driven Brands Holdings Inc. generates a 18.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -53.8% the prior year.
Driven Brands Holdings Inc. scores 0.66, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.3B) relative to total liabilities ($3.4B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Driven Brands Holdings Inc. passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Driven Brands Holdings Inc. generates $2.36 in operating cash flow ($330.5M OCF vs $140.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Driven Brands Holdings Inc. earns $1.9 in operating income for every $1 of interest expense ($231.1M vs $121.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Driven Brands Holdings Inc. generated $1.9B in revenue in fiscal year 2025. This represents an increase of 6.3% from the prior year.
Driven Brands Holdings Inc.'s EBITDA was $313.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 12.3% from the prior year.
Driven Brands Holdings Inc. reported $140.2M in net income in fiscal year 2025. This represents an increase of 147.9% from the prior year.
Driven Brands Holdings Inc. earned $0.85 per diluted share (EPS) in fiscal year 2025. This represents an increase of 145.7% from the prior year.
Cash & Balance Sheet
Driven Brands Holdings Inc. generated $107.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 341.2% from the prior year.
Driven Brands Holdings Inc. held $102.9M in cash against $1.9B in long-term debt as of fiscal year 2025.
Driven Brands Holdings Inc. had 165M shares outstanding in fiscal year 2025. This represents an increase of 0.4% from the prior year.
Margins & Returns
Driven Brands Holdings Inc.'s operating margin was 12.4% in fiscal year 2025, reflecting core business profitability. This is up 1.0 percentage points from the prior year.
Driven Brands Holdings Inc.'s net profit margin was 7.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 24.2 percentage points from the prior year.
Driven Brands Holdings Inc.'s ROE was 18.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 72.1 percentage points from the prior year.
Capital Allocation
Driven Brands Holdings Inc. spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Driven Brands Holdings Inc. invested $222.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 22.8% from the prior year.
DRVN Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $460.1M-4.0% | $479.5M+0.9% | $475.2M+6.2% | $447.6M+4.8% | $427.2M-4.1% | $445.3M-2.0% | $454.5M+6.8% | $425.4M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | $143.2M-4.8% | $150.5M+20.7% | $124.7M-22.7% | $161.4M+17.7% | $137.1M+16.2% | $117.9M+3.3% | $114.2M |
| Operating Income | $78.2M+53.0% | $51.1M+8.6% | $47.0M-14.1% | $54.8M+246.7% | $15.8M-67.2% | $48.2M-33.4% | $72.4M+14.0% | $63.5M |
| Interest Expense | N/A | $25.2M-19.2% | $31.1M-14.1% | $36.3M-3.8% | $37.7M-13.5% | $43.6M+26.9% | $34.3M-21.5% | $43.8M |
| Income Tax | N/A | -$34.3M-522.5% | $8.1M+49.1% | $5.5M+107.7% | -$70.4M-564.5% | $15.2M+5.5% | $14.4M+124.9% | $6.4M |
| Net Income | $21.2M-61.5% | $55.0M+1.8% | $54.0M+444.5% | $9.9M+103.2% | -$306.8M-1952.7% | -$14.9M-149.6% | $30.2M+607.8% | $4.3M |
| EPS (Diluted) | $0.13-60.6% | $0.330.0% | $0.33+450.0% | $0.06+103.1% | $-1.92-1645.5% | $-0.11-184.6% | $0.13+225.0% | $0.04 |
DRVN Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.2B+0.2% | $4.2B-3.5% | $4.3B-18.7% | $5.3B+0.8% | $5.3B-8.1% | $5.7B-1.1% | $5.8B-1.0% | $5.8B |
| Current Assets | $540.9M+0.4% | $538.6M-21.4% | $685.2M+12.0% | $611.8M+0.6% | $607.9M-11.7% | $688.0M-1.5% | $698.4M-7.8% | $757.5M |
| Cash & Equivalents | $102.9M-7.1% | $110.8M+4.8% | $105.7M+10.7% | $95.5M-7.7% | $103.4M-1.0% | $104.5M+49.8% | $69.8M-34.1% | $105.8M |
| Inventory | $52.4M+10.4% | $47.5M-1.7% | $48.3M-0.8% | $48.7M-0.5% | $48.9M-2.0% | $49.9M-5.1% | $52.6M-2.8% | $54.1M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $1.2B+0.3% | $1.2B0.0% | $1.2B+0.7% | $1.2B+0.1% | $1.2B-0.7% | $1.2B-2.0% | $1.2B-0.1% | $1.2B |
| Total Liabilities | $3.4B-0.7% | $3.4B-5.6% | $3.6B-23.2% | $4.7B+0.1% | $4.7B-2.7% | $4.8B-1.7% | $4.9B-1.8% | $5.0B |
| Current Liabilities | $725.8M+8.2% | $671.0M-1.2% | $679.2M+42.2% | $477.7M+6.4% | $448.8M+4.7% | $428.8M+8.2% | $396.3M-14.9% | $465.8M |
| Long-Term Debt | $1.9B-3.2% | $1.9B-7.3% | $2.1B-19.8% | $2.6B-1.5% | $2.7B-2.6% | $2.7B-4.3% | $2.9B-1.6% | $2.9B |
| Total Equity | $767.2M+4.3% | $735.3M+7.3% | $685.1M+17.8% | $581.4M+6.9% | $543.8M-38.0% | $876.9M+2.1% | $858.6M+3.7% | $828.3M |
| Retained Earnings | -$953.2M+2.2% | -$974.4M+5.3% | -$1.0B+5.0% | -$1.1B+0.9% | -$1.1B-39.0% | -$786.6M-2.4% | -$768.4M+2.7% | -$790.0M |
DRVN Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $90.6M+1.4% | $89.4M+20.3% | $74.3M-2.7% | $76.3M+106.3% | $37.0M-64.8% | $105.3M+150.2% | $42.1M-29.4% | $59.6M |
| Capital Expenditures | $54.4M+24.5% | $43.7M-23.2% | $56.9M-16.1% | $67.8M+2.5% | $66.1M-0.7% | $66.6M+0.2% | $66.4M-25.8% | $89.5M |
| Free Cash Flow | $36.2M-20.8% | $45.7M+162.5% | $17.4M+102.9% | $8.6M+129.4% | -$29.1M-175.3% | $38.7M+258.8% | -$24.4M+18.5% | -$29.9M |
| Investing Cash Flow | -$13.9M-115.7% | $88.3M-56.9% | $205.0M+538.6% | -$46.7M-2633.1% | $1.8M-97.8% | $82.3M+32284.3% | $254K+100.7% | -$34.3M |
| Financing Cash Flow | -$69.1M+60.2% | -$173.3M+36.8% | -$274.2M-466.1% | -$48.4M+36.7% | -$76.5M+38.8% | -$124.9M-80.7% | -$69.1M-107.2% | -$33.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | $0+100.0% | -$2K | N/A | N/A |
DRVN Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 17.0%+6.3pp | 10.7%+0.8pp | 9.9%-2.3pp | 12.2%+8.5pp | 3.7%-7.1pp | 10.8%-5.1pp | 15.9%+1.0pp | 14.9% |
| Net Margin | 4.6%-6.9pp | 11.5%+0.1pp | 11.4%+9.2pp | 2.2%+74.0pp | -71.8%-68.5pp | -3.4%-10.0pp | 6.6%+5.6pp | 1.0% |
| Return on Equity | 2.8%-4.7pp | 7.5%-0.4pp | 7.9%+6.2pp | 1.7%+58.1pp | -56.4%-54.7pp | -1.7%-5.2pp | 3.5%+3.0pp | 0.5% |
| Return on Assets | 0.5%-0.8pp | 1.3%+0.1pp | 1.3%+1.1pp | 0.2%+6.0pp | -5.8%-5.6pp | -0.3%-0.8pp | 0.5%+0.4pp | 0.1% |
| Current Ratio | 0.75-0.1 | 0.80-0.2 | 1.01-0.3 | 1.28-0.1 | 1.35-0.3 | 1.60-0.2 | 1.76+0.1 | 1.63 |
| Debt-to-Equity | 2.45-0.2 | 2.65-0.4 | 3.06-1.4 | 4.50-0.4 | 4.89+1.8 | 3.11-0.2 | 3.33-0.2 | 3.50 |
| FCF Margin | 7.9%-1.7pp | 9.5%+5.9pp | 3.7%+1.8pp | 1.9%+8.7pp | -6.8%-15.5pp | 8.7%+14.1pp | -5.4%+1.7pp | -7.0% |
Note: The current ratio is below 1.0 (0.75), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Driven Brands Holdings Inc.'s annual revenue?
Driven Brands Holdings Inc. (DRVN) reported $1.9B in total revenue for fiscal year 2025. This represents a 6.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Driven Brands Holdings Inc.'s revenue growing?
Driven Brands Holdings Inc. (DRVN) revenue grew by 6.3% year-over-year, from $1.8B to $1.9B in fiscal year 2025.
Is Driven Brands Holdings Inc. profitable?
Yes, Driven Brands Holdings Inc. (DRVN) reported a net income of $140.2M in fiscal year 2025, with a net profit margin of 7.5%.
What is Driven Brands Holdings Inc.'s EBITDA?
Driven Brands Holdings Inc. (DRVN) had EBITDA of $313.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Driven Brands Holdings Inc. have?
As of fiscal year 2025, Driven Brands Holdings Inc. (DRVN) had $102.9M in cash and equivalents against $1.9B in long-term debt.
What is Driven Brands Holdings Inc.'s operating margin?
Driven Brands Holdings Inc. (DRVN) had an operating margin of 12.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Driven Brands Holdings Inc.'s net profit margin?
Driven Brands Holdings Inc. (DRVN) had a net profit margin of 7.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Driven Brands Holdings Inc.'s return on equity (ROE)?
Driven Brands Holdings Inc. (DRVN) has a return on equity of 18.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Driven Brands Holdings Inc.'s free cash flow?
Driven Brands Holdings Inc. (DRVN) generated $107.8M in free cash flow during fiscal year 2025. This represents a 341.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Driven Brands Holdings Inc.'s operating cash flow?
Driven Brands Holdings Inc. (DRVN) generated $330.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Driven Brands Holdings Inc.'s total assets?
Driven Brands Holdings Inc. (DRVN) had $4.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Driven Brands Holdings Inc.'s capital expenditures?
Driven Brands Holdings Inc. (DRVN) invested $222.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Driven Brands Holdings Inc.'s current ratio?
Driven Brands Holdings Inc. (DRVN) had a current ratio of 0.75 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Driven Brands Holdings Inc.'s debt-to-equity ratio?
Driven Brands Holdings Inc. (DRVN) had a debt-to-equity ratio of 2.45 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Driven Brands Holdings Inc.'s return on assets (ROA)?
Driven Brands Holdings Inc. (DRVN) had a return on assets of 3.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Driven Brands Holdings Inc.'s Altman Z-Score?
Driven Brands Holdings Inc. (DRVN) has an Altman Z-Score of 0.66, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Driven Brands Holdings Inc.'s Piotroski F-Score?
Driven Brands Holdings Inc. (DRVN) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Driven Brands Holdings Inc.'s earnings high quality?
Driven Brands Holdings Inc. (DRVN) has an earnings quality ratio of 2.36x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Driven Brands Holdings Inc. cover its interest payments?
Driven Brands Holdings Inc. (DRVN) has an interest coverage ratio of 1.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Driven Brands Holdings Inc.?
Driven Brands Holdings Inc. (DRVN) scores 28 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.