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DRIVEN BRANDS HOLDINGS INC.

CIK: 1804745 SIC: 7500
$2.17B
Revenue
$-198.04M
Net Income
-
Gross Margin
-7.27%
Op. Margin
$77.91M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 3 of 3 annual reports available (2021 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $2.17B $2.34B $2.03B $1.47B
Revenue Growth % -7.4% 15.1% 38.6% nan%
Operating Expenses $2.32B $2.48B $1.83B $1.29B
Selling General & Admin $638.83M $554.77M $383.48M $292.26M
+ Operating Income $-157.45M $-140.23M $199.60M $177.06M
Operating Margin % -7.3% -6.0% 9.8% 12.1%
Interest Expense $222.09M $147.75M $114.10M $75.91M
Other Income/Expense $-130.83M $-177.41M $-131.26M $-142.17M
Income Tax Expense $-66.47M $-25.14M $25.17M $25.36M
+ Net Income $-198.04M $-292.50M $43.19M $9.63M
Net Margin % -9.1% -12.5% 2.1% 0.7%
Basic EPS -1.21 -1.79 0.26 0.06
Diluted EPS -1.24 -1.82 0.25 0.06
Basic Shares Outstanding 163.9M 160.3M 162.8M 160.7M
Diluted Shares Outstanding 165.1M 160.3M 166.7M 164.6M
Breakdown FY 2024
(Dec 31, 2024)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $169.95M $227.11M $523.41M
Inventory $67.53M $72.04M $46.99M
Total Current Assets $657.44M $571.41M $768.93M
Property Plant & Equipment $1.02B $1.55B $1.35B
Goodwill $1.40B $2.28B $1.91B
Intangible Assets $665.90M $765.90M $816.18M
Other Non-current Assets - $30.56M $3.18M
Total Assets $5.26B $6.50B $5.86B
Accounts Payable $95.26M $60.61M $83.03M
Total Current Liabilities $433.89M $505.42M $468.45M
Long-term Debt $2.66B $2.71B $2.36B
Deferred Tax Liabilities $87.48M $276.75M $257.07M
Total Liabilities $4.65B $4.85B $4.21B
Common Stock $1.64M $1.67M $1.67M
Retained Earnings $-1.00B $84.80M $41.61M
Total Stockholders Equity $607.33M $1.65B $1.64B
Total Liabilities & Equity $5.26B $6.50B $5.86B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $-198.04M $-292.50M $43.19M $9.63M
Depreciation & Amortization $259.64M $180.11M $147.16M $112.78M
Change in Inventory $-8.02M $-2.62M $22.71M $5.72M
Change in Payables $66.91M $29.40M $-34.63M $6.91M
Operating Cash Flow $498.34M $241.45M $197.18M $283.83M
Capital Expenditure $420.43M $288.50M $436.20M $160.76M
Acquisitions $14.38M $2.99M $763.06M $800.83M
Investing Cash Flow $370.98M $59.02M $-840.28M $-814.94M
Debt Repayment $751.73M $465.44M $23.91M $721.50M
Stock Repurchased - - - $43.04M
Financing Cash Flow $-940.64M $-302.84M $343.37M $885.54M
Net Change in Cash $-63.77M $-6.47M $-302.02M $354.99M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $535.68M $502.34M $1.60B $1.50B
Operating Expenses $473.75M $452.70M $1.44B $1.30B
Selling General & Admin $145.18M $149.79M $471.35M $393.42M
Operating Income $61.94M $49.64M $161.31M $207.79M
Interest Expense $23.60M $43.67M $86.69M $111.30M
Other Income/Expense $-22.73M $-44.64M $-78.64M $-125.21M
Income Before Tax $39.20M $4.99M $82.67M $82.58M
Income Tax Expense $-21.66M $16.47M $-7.49M $45.29M
Net Income $60.86M $-14.95M $113.93M $19.47M
Basic EPS 0.37 -0.09 0.69 0.12
Diluted EPS 0.37 -0.09 0.69 0.12
Basic Shares Outstanding $163.90M $159.80M $162.43M $159.74M
Diluted Shares Outstanding $165.12M $159.80M $163.69M $160.71M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $162.03M $149.57M
Inventory $65.19M $66.54M
Total Current Assets $585.13M $657.44M
Property Plant & Equipment $758.87M $711.50M
Goodwill $1.45B $1.40B
Intangible Assets $655.79M $665.90M
Total Assets $4.15B $5.26B
Accounts Payable $89.36M $85.84M
Total Current Liabilities $648.15M $433.89M
Long-term Debt $1.94B $2.66B
Deferred Tax Liabilities $72.25M $87.48M
Total Liabilities $3.36B $4.65B
Common Stock $1.65M $1.64M
Retained Earnings $-888.65M $-1.00B
Total Stockholders Equity $793.49M $607.33M
Total Liabilities & Equity $4.15B $5.26B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $60.86M $-14.95M $113.93M $19.47M
Depreciation & Amortization $34.83M $33.42M $105.11M $131.22M
Change in Inventory - - $-2.66M $-1.34M
Change in Payables - - $-533.00K $11.50M
Operating Cash Flow - - $234.75M $208.51M
Capital Expenditure - - $167.38M $219.31M
Acquisitions - - $8.11M $2.76M
Investing Cash Flow - - $249.84M $51.43M
Debt Repayment - - $370.92M $422.49M
Financing Cash Flow - - $-494.82M $-226.66M
Net Change in Cash - - $-5.52M $33.34M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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