Explain this page
Arphra AIPlain-English read on Driven Brands Holdings Inc.’s valuationIncome statement
| In USD | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Revenue & profit | |||||||||
| Revenue | $904.2M | $1.47B | $2.03B | $2.3B | $2.34B | $2B | $2.18B | $2.38B | $2.71B |
| Cost of revenue | $346.96M | $742.27M | $1.07B | $1.27B | $1.11B | $1.06B | $1.15B | $1.26B | $1.41B |
| Gross profit | $557.24M | $725.01M | $967.51M | $1.03B | $1.23B | $949.35M | $1.07B | $1.16B | $1.32B |
| Gross margin | +61.63% | +49.41% | +47.59% | +44.79% | +52.37% | +47.43% | +48.95% | +48.57% | +48.85% |
| Operating | |||||||||
| Research & development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, general & administrative | $280.27M | $367.03M | $489.65M | $559.41M | $656.39M | $499.31M | $568.91M | $614.26M | $682.98M |
| Total operating expenses | $462.51M | $547.95M | $767.91M | $1.72B | $1.37B | $1.13B | $1.22B | $1.38B | $1.57B |
| Operating income | $94.73M | $177.07M | $199.6M | -$686.53M | -$140.23M | -$173.12M | -$186.7M | -$210.45M | -$236.46M |
| Operating margin | +10.48% | +12.07% | +9.82% | -29.80% | -5.99% | -8.65% | -8.58% | -8.83% | -8.73% |
| EBITDA | $164.92M | $223.58M | $329.59M | -$506.24M | $27.71M | -$29.95M | -$33.05M | -$37.36M | -$42.5M |
| EBIT | $102.8M | $110.81M | $182.44M | -$683.46M | -$160.68M | -$187.19M | -$195.07M | -$212.5M | -$248.59M |
| Below the line | |||||||||
| Interest expense | $95.65M | $75.91M | $114.1M | $164.2M | $156.96M | $131.69M | $140.24M | $150.98M | $179.52M |
| Interest income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other income / expense | -$87.57M | -$142.17M | -$131.26M | -$161.12M | -$177.41M | — | — | — | — |
| Pre-tax income | $7.16M | $34.89M | $68.34M | -$847.65M | -$317.64M | -$304.31M | -$341.81M | -$380.75M | -$411.9M |
| Income tax expense | $11.37M | $25.36M | $25.17M | -$102.69M | -$25.14M | -$115.44M | -$126.36M | -$139.83M | -$156.24M |
| Earnings | |||||||||
| Net income | -$4.2M | $9.63M | $43.19M | -$744.96M | -$292.5M | -$279.75M | -$312.6M | -$342.69M | -$388.39M |
| Net income · continuing ops | -$4.22M | $9.54M | $43.17M | -$744.96M | -$292.5M | -$292.8M | -$301.11M | -$342.38M | -$378.71M |
| Net margin | -0.46% | +0.66% | +2.12% | -32.33% | -12.50% | -13.98% | -14.36% | -14.38% | -14.34% |
| EPS · basic | $-0.02 | $0.06 | $0.26 | $-4.50 | $-1.79 | $1.20 | $1.50 | $1.78 | $2.03 |
| EPS · diluted | $-0.02 | $0.06 | $0.25 | $-4.53 | $-1.82 | $1.20 | $1.48 | $1.75 | $2.01 |
| EPS · low estimate | — | — | — | — | — | $1.06 | $1.45 | $1.62 | $1.94 |
| EPS · high estimate | — | — | — | — | — | $1.29 | $1.51 | $1.87 | $2.06 |
| Shares · basic | 169.99M | 160.68M | 162.76M | 161.92M | 160.32M | 160.57M | 158.78M | 159.57M | 160.81M |
| Shares · diluted | 169.99M | 164.64M | 166.74M | 161.92M | 160.32M | 161.64M | 159.85M | 161.7M | 159.74M |
| Coverage | |||||||||
| Analysts (revenue) | — | — | — | — | — | 7 | 7 | 4 | 3 |
| Analysts (EPS) | — | — | — | — | — | 6 | 6 | 2 | 1 |
Coverage notes. Historical figures come’s as-reported income statements / balance sheets / cash flows in our data warehouse. Forecast columns (italicised, faint accent tint) carry vendor-supplied numbers where available (revenue + EPS consensus) and ratio-derived values for every other line. Margins / ratios are the trailing-3y average from history applied to the forecast revenue; values are clamped to enforce P&L identity (gross ≥ operating, EBITDA ≥ operating, net ≤ operating) and balance-sheet identity (assets = liabilities + equity by construction). Cash-flow FCF reconciles to OCF + CapEx. USD conversion uses the period-end close of the issuer's reported/USD pair from forex_prices_daily; share counts stay unconverted.
Financials
Full income statement, balance sheet, and cash-flow history is included with Pro.
Upgrade to Pro