Darden Restaurants Inc (DRI)

Return on equity (ROE)

		May 26, 2024	May 28, 2023	May 29, 2022	May 30, 2021	May 31, 2020
Net income	US$ in thousands	1,027,600	981,900	952,800	629,300	-52,400
Total stockholders’ equity	US$ in thousands	2,242,500	2,201,500	2,198,200	2,813,100	2,331,200
ROE		45.82%	44.60%	43.34%	22.37%	-2.25%

May 26, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $1,027,600K ÷ $2,242,500K
= 45.82%

Darden Restaurants Inc's Return on Equity (ROE) has shown a positive trend over the past five years, demonstrating the company's efficiency in utilizing shareholder equity to generate profits. The ROE increased from -2.25% in 2020 to 45.82% in 2024, indicating a significant improvement in profitability and efficiency. This signifies that Darden Restaurants has been able to efficiently generate profits from the equity invested by shareholders. The consistent upward trend in ROE reflects positively on the company's financial management and operational performance. Overall, the improving ROE suggests that Darden Restaurants has been effectively leveraging its equity to drive shareholder value and profitability.