Dutch Bros Inc (BROS) - Net Assets
Based on the latest financial reports, Dutch Bros Inc (BROS) has net assets worth $897.87 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.01 Billion) and total liabilities ($2.11 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Dutch Bros Inc (BROS) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $897.87 Million |
| % of Total Assets | 29.84% |
| Annual Growth Rate | 50.24% |
| 5-Year Change | 320.1% |
| 10-Year Change | N/A |
| Growth Volatility | 77.37 |
Dutch Bros Inc - Net Assets Trend (2019–2025)
This chart illustrates how Dutch Bros Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Dutch Bros Inc for the complete picture of this company's asset base.
Annual Net Assets for Dutch Bros Inc (2019–2025)
The table below shows the annual net assets of Dutch Bros Inc from 2019 to 2025. For live valuation and market cap data, see how much is Dutch Bros Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $897.87 Million | +17.54% |
| 2024-12-31 | $763.87 Million | +13.01% |
| 2023-12-31 | $675.92 Million | +168.25% |
| 2022-12-31 | $251.98 Million | +17.90% |
| 2021-12-31 | $213.73 Million | +181.26% |
| 2020-12-31 | $75.99 Million | -2.60% |
| 2019-12-31 | $78.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dutch Bros Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9950800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $99.51 Million | 14.62% |
| Common Stock | $1.00K | 0.00% |
| Other Comprehensive Income | $48.00K | 0.01% |
| Other Components | $581.26 Million | 85.38% |
| Total Equity | $680.82 Million | 100.00% |
Dutch Bros Inc Competitors by Market Cap
The table below lists competitors of Dutch Bros Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Molson Coors Brewing Co Class B
NYSE:TAP
|
$7.51 Billion |
|
Yes Bank Limited
NSE:YESBANK
|
$7.51 Billion |
|
Neway Valve suzhou Co Ltd
SHG:603699
|
$7.51 Billion |
|
SHIZUOKA FIN. GROUP INC.
F:P2U
|
$7.51 Billion |
|
Lottomatica Group SpA
NYSE:LOTMY
|
$7.49 Billion |
|
Element Solutions Inc
NYSE:ESI
|
$7.48 Billion |
|
Merlin Properties SOCIMI SA
MC:MRL
|
$7.48 Billion |
|
The Mosaic Company
NYSE:MOS
|
$7.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dutch Bros Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 537,369,000 to 680,818,000, a change of 143,449,000 (26.7%).
- Net income of 79,842,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 580,000.
- Other factors increased equity by 64,187,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $79.84 Million | +11.73% |
| Other Comprehensive Income | $-580.00K | -0.09% |
| Other Changes | $64.19 Million | +9.43% |
| Total Change | $- | 26.69% |
Book Value vs Market Value Analysis
This analysis compares Dutch Bros Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 35.39x to 10.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $1.67 | $59.06 | x |
| 2020-12-31 | $1.63 | $59.06 | x |
| 2021-12-31 | $2.06 | $59.06 | x |
| 2022-12-31 | $2.49 | $59.06 | x |
| 2023-12-31 | $5.87 | $59.06 | x |
| 2024-12-31 | $4.68 | $59.06 | x |
| 2025-12-31 | $5.41 | $59.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dutch Bros Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.87%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 4.42x
- Recent ROE (11.73%) is above the historical average (6.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 36.39% | 11.91% | 1.42x | 2.16x | $20.58 Million |
| 2020 | 7.53% | 1.75% | 1.26x | 3.42x | $-1.87 Million |
| 2021 | -13.41% | -2.55% | 0.90x | 5.86x | $-22.13 Million |
| 2022 | -3.68% | -0.64% | 0.62x | 9.19x | $-17.66 Million |
| 2023 | 0.47% | 0.18% | 0.55x | 4.84x | $-34.72 Million |
| 2024 | 6.56% | 2.75% | 0.51x | 4.65x | $-18.48 Million |
| 2025 | 11.73% | 4.87% | 0.54x | 4.42x | $11.76 Million |
Industry Comparison
This section compares Dutch Bros Inc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $187,326,394
- Average return on equity (ROE) among peers: -0.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dutch Bros Inc (BROS) | $897.87 Million | 36.39% | 2.35x | $7.50 Billion |
| Arcos Dorados Holdings Inc (ARCO) | $351.58 Million | 22.42% | 3.28x | $1.18 Billion |
| Ark Restaurants Corp (ARKR) | $1.60 Million | 56.25% | 4.94x | $24.16 Million |
| Flanigans Enterprises Inc (BDL) | $1.20 Million | 33.33% | 13.25x | $57.30 Million |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $2.74K |
| Biglari Holdings Inc (BH) | $167.05 Million | 13.82% | 1.37x | $626.69 Million |
| Biglari Holdings Inc (BH-A) | $311.24 Million | 9.03% | 0.81x | $334.37 Million |
| BJs Restaurants Inc (BJRI) | $332.45 Million | 9.50% | 0.51x | $714.98 Million |
| Bloomin Brands Inc (BLMN) | $337.17 Million | 1.60% | 8.41x | $485.45 Million |
| Black Rock Coffee Bar, Inc. Class A Common Stock (BRCB) | $104.71 Million | -15.70% | 2.21x | $211.49 Million |
About Dutch Bros Inc
Dutch Bros Inc., together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company sells and distributes coffee, coffee-related products, and accessories. It operates through Company-Operated Shops and Franchising and Other segments. The company sells its products under various brands such as Dutch Bros, Dutch Bros Coffee, Dutch Bros Rebel, Dutch Bros, and… Read more