Dutch Bros (BROS) FCF Margin (2020 - 2026)
Dutch Bros (BROS) reported FCF Margin of 13.98% for Q1 2026, up 1642.0% on a YoY basis from 0.8% in Q1 2025, and up 143.57% quarter-over-quarter from 32.08% in Q4 2025.
Dutch Bros (BROS) FCF Margin (2020 - 2026) Analysis & Trends
Dutch Bros has reported FCF Margin for 7 years, with the latest figure at 13.98% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 1642.0% year-over-year to 13.98%; the trailing twelve-month figure through Mar 2026 stood at 7.32% (up 806.0% YoY), and the FY2025 full-year result was 3.32%, up 139.0% from the prior year.
- FCF Margin for Q1 2026 stood at 13.98%, up from 32.08% in the prior quarter.
- The five-year high for FCF Margin was 71.85% in Q4 2022, with the low at 34.57% in Q2 2022.
- Historically, FCF Margin has averaged 6.1% across 5 years, with a median of 5.68% in 2024.
- Annual changes were most pronounced in 2022 — FCF Margin jumped 9773 bps — and 2024, when it slumped 7494 bps.
- Dutch Bros' FCF Margin stood at 71.85% in 2022, then plunged by 75 bps to 17.84% in 2023, then sank by 68 bps to 5.68% in 2024, then slumped by 665 bps to 32.08% in 2025, then jumped by 144 bps to 13.98% in 2026.
- The last three FCF Margin figures came in at 13.98% (Q1 2026), 32.08% (Q4 2025), and 40.06% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 0.96% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 15.25% |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 16.56% |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 7.46% |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 13.51% |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 12.41% |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 10.96% |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 12.77% |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 1.04% |
| 10 | Dutch Bros | 8.99 Bn | 8.95 Bn | 107.48 Mn | 13.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.98% |
| Dec 31, 2025 | -32.08% |
| Sep 30, 2025 | 40.06% |
| Jun 30, 2025 | 8.58% |
| Mar 31, 2025 | -2.44% |
| Dec 31, 2024 | 5.68% |
| Sep 30, 2024 | -23.09% |
| Jun 30, 2024 | 17.62% |
| Mar 31, 2024 | 9.47% |
| Dec 31, 2023 | 17.84% |
| Sep 30, 2023 | 51.86% |
| Jun 30, 2023 | -6.51% |
| Mar 31, 2023 | -20.38% |
| Dec 31, 2022 | 71.85% |
| Sep 30, 2022 | -12.45% |
| Jun 30, 2022 | -34.57% |
| Mar 31, 2022 | -1.78% |
| Dec 31, 2021 | -25.88% |
| Sep 30, 2021 | -17.81% |
| Jun 30, 2021 | 10.65% |