Darden Restaurants Inc (DRI)
Fixed asset turnover
| May 31, 2025 | May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 12,076,700 | 11,390,000 | 11,391,500 | 10,487,800 | 10,461,500 |
| Property, plant and equipment | US$ in thousands | — | — | 6,691,900 | 7,099,000 | 6,084,700 |
| Fixed asset turnover | — | — | 1.70 | 1.48 | 1.72 |
May 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $12,076,700K ÷ $—K
= —
The fixed asset turnover ratio for Darden Restaurants Inc., as presented in the provided data, indicates a level of efficiency in utilizing fixed assets to generate sales revenue. Specifically, for the fiscal year ending May 28, 2023, the ratio was 1.72, suggesting that the company generated $1.72 in sales for each dollar invested in fixed assets. This efficiency decreased somewhat by the fiscal year ending May 31, 2023, with the ratio declining to 1.48, potentially reflecting reduced utilization or changes in asset base or sales performance during that period.
Looking forward, the ratio for the fiscal year ending May 26, 2024, experienced an increase to 1.70, suggesting a recovery or improvement in asset utilization relative to sales. The data for subsequent periods—May 31, 2024, and May 31, 2025—are either unavailable or not reported, with the latter indicating that the ratio is not provided, possibly due to reporting gaps or static data.
Overall, the trend from May 28, 2023, to May 26, 2024, suggests fluctuations in asset utilization efficiency, with a brief decline followed by recovery. A higher fixed asset turnover ratio generally signifies more efficient use of fixed assets in generating sales, whereas a declining ratio may warrant further investigation into asset management or sales performance. The missing or unavailable data for subsequent periods limits a comprehensive trend analysis beyond that point.
Peer comparison
May 31, 2025