Darden Restaurants Inc (DRI)
Total 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 |
| Total assets | US$ in thousands | 12,587,000 | 11,323,000 | 11,323,000 | 10,241,500 | 10,241,500 |
| Total asset turnover | 0.96 | 1.01 | 1.01 | 1.02 | 1.02 |
May 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $12,076,700K ÷ $12,587,000K
= 0.96
The total asset turnover ratio for Darden Restaurants Inc has exhibited minor fluctuations over the analyzed period. As of May 28, 2023, and May 31, 2023, the ratio was consistently recorded at 1.02, indicating that the company generated approximately $1.02 in sales for every dollar of total assets during this period. Moving forward to May 26, 2024, and May 31, 2024, the ratio slightly declined to 1.01, suggesting a marginal decrease in efficiency in utilizing assets to generate sales. The most recent data as of May 31, 2025, shows a further decline to 0.96, representing a decrease in asset utilization efficiency by approximately 4.5% from the initial 2023 levels. This downward trend in the ratio indicates that Darden Restaurants Inc has become less effective at converting its total assets into sales over the analyzed period, which could reflect operational changes, strategic shifts, or external market factors impacting sales performance relative to asset base.
Peer comparison
May 31, 2025