Darden Restaurants Inc (DRI)

Return on equity (ROE)

May 31, 2024 May 26, 2024 May 31, 2023 May 28, 2023 May 31, 2022
Net income US$ in thousands 1,027,600 1,027,600 981,900 981,900 952,800
Total stockholders’ equity US$ in thousands 2,242,500 2,242,500 2,201,500 2,201,500 2,198,200
ROE 45.82% 45.82% 44.60% 44.60% 43.34%

May 31, 2024 calculation

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

Based on the provided data, Darden Restaurants Inc has displayed a consistent and improving trend in its return on equity (ROE) over the years. The ROE increased from 43.34% on May 31, 2022, to 45.82% on both May 26, 2024, and May 31, 2024. This indicates that the company's ability to generate profits from its shareholders' equity has been strengthening over time, reflecting positively on its financial performance and operational efficiency. Darden Restaurants Inc's sustained growth in ROE suggests effective management of assets and liabilities, as well as profitable utilization of shareholder investments to create value for the company.