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).
Recovery is being driven by stronger cash conversion and lower financing drag, not just higher earnings, while free cash flow turns positive.
From FY2023 to FY2025, long-term debt fell from$2.91B to$1.88B , shrinking the fixed financing load on the business. With operating cash flow reaching$330.5M in FY2025 and net income back to$140.2M , the recovery looks like a true cash-and-balance-sheet improvement rather than a paper rebound alone.
Even after that repair, near-term liquidity is tighter than the headline profit suggests: FY2025 ended with a current ratio of 0.7x and only
The sharper change is in capital intensity: capital spending fell to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. 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 strong profitability earns a score of 73/100, reflecting efficient cost management and pricing power. 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 48/100.
Driven Brands Holdings Inc. has elevated debt relative to equity (D/E of 2.45), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 9/100, reflecting increased financial risk.
Driven Brands Holdings Inc.'s current ratio of 0.75 is below the typical benchmark, resulting in a score of 10/100. 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 24/100. Capital expenditures of $222.8M absorb a large share of operating cash flow.
Driven Brands Holdings Inc.'s ROE of 17.2% shows moderate profitability relative to equity, earning a score of 53/100. This is up from -53.8% the prior year.
Driven Brands Holdings Inc. scores 0.70, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.5B) relative to total liabilities ($3.4B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Driven Brands Holdings Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 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 $2.50 in operating cash flow ($330.5M OCF vs $132.1M 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 $132.1M in net income in fiscal year 2025. This represents an increase of 145.2% 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 7.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 23.8 percentage points from the prior year.
Driven Brands Holdings Inc.'s ROE was 17.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 71.0 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 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $484.4M+5.3% | $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 |
| 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 | $131.8M | N/A | $143.2M-4.8% | $150.5M+20.7% | $124.7M | N/A | $137.1M+16.2% | $117.9M |
| Operating Income | $67.4M-13.8% | $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 |
| Interest Expense | $23.5M | N/A | $25.2M-19.2% | $31.1M-14.1% | $36.3M | N/A | $43.6M+26.9% | $34.3M |
| Income Tax | $9.4M | N/A | -$34.3M-522.5% | $8.1M+49.1% | $5.5M | N/A | $15.2M+5.5% | $14.4M |
| Net Income | $54.8M+158.8% | $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 |
| EPS (Diluted) | $0.33+153.8% | $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 |
DRVN Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.5B-16.9% | $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 |
| Current Assets | $501.4M-7.3% | $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 |
| Cash & Equivalents | $133.4M+29.6% | $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 |
| Inventory | $49.5M-5.5% | $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 |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $1.2B-0.5% | $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 |
| Total Liabilities | $2.7B-21.6% | $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 |
| Current Liabilities | $362.3M-50.1% | $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 |
| Long-Term Debt | $1.7B-11.8% | $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 |
| Total Equity | $796.7M+3.8% | $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 |
| Retained Earnings | -$898.4M+5.8% | -$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 |
DRVN Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $57.2M-36.9% | $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 |
| Capital Expenditures | $34.1M-37.3% | $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 |
| Free Cash Flow | $23.1M-36.2% | $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 |
| Investing Cash Flow | $440.0M+3268.0% | -$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 |
| Financing Cash Flow | -$501.6M-626.4% | -$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 |
| 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 | N/A | $0+100.0% | -$2K | N/A |
DRVN Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 13.9%-3.1pp | 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% |
| Net Margin | 11.3%+6.7pp | 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% |
| Return on Equity | 6.9%+4.1pp | 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% |
| Return on Assets | 1.6%+1.1pp | 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% |
| Current Ratio | 1.38+0.6 | 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 |
| Debt-to-Equity | 2.08-0.4 | 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 |
| FCF Margin | 4.8%-3.1pp | 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% |
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 $132.1M in fiscal year 2025, with a net profit margin of 7.1%.
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 7.1% 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 17.2% 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 3.2% 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 0.70, 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 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 2.50x, 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 36 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.