Darden Income Tax Expense from 2010 to 2024

DRI Stock  USD 166.69  1.70  1.03%   
Darden Restaurants' Income Tax Expense is increasing with very volatile movements from year to year. Income Tax Expense is predicted to flatten to about 91.5 M. For the period between 2010 and 2024, Darden Restaurants, Income Tax Expense quarterly trend regression had mean deviation of  72,867,858 and range of 273.3 M. View All Fundamentals
 
Income Tax Expense  
First Reported
1994-08-31
Previous Quarter
50 M
Current Value
24.5 M
Quarterly Volatility
27.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Darden Restaurants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Darden Restaurants' main balance sheet or income statement drivers, such as Depreciation And Amortization of 289.8 M, Interest Expense of 150.4 M or Total Revenue of 7 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0335 or PTB Ratio of 4.12. Darden financial statements analysis is a perfect complement when working with Darden Restaurants Valuation or Volatility modules.
  
Check out the analysis of Darden Restaurants Correlation against competitors.
For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.

Latest Darden Restaurants' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Darden Restaurants over the last few years. It is Darden Restaurants' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Darden Restaurants' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Darden Income Tax Expense Regression Statistics

Arithmetic Mean60,618,156
Geometric Mean54,415,901
Coefficient Of Variation141.41
Mean Deviation72,867,858
Median90,000,000
Standard Deviation85,721,874
Sample Variance7348.2T
Range273.3M
R-Value0.11
Mean Square Error7821.4T
R-Squared0.01
Significance0.70
Slope2,067,523
Total Sum of Squares102875.4T

Darden Income Tax Expense History

202491.5 M
2023145 M
2022137 M
2021138.8 M
2020-55.9 M
2019-111.8 M
201863.7 M

About Darden Restaurants Financial Statements

Investors use fundamental indicators, such as Darden Restaurants' Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Darden Restaurants' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense145 M91.5 M

Currently Active Assets on Macroaxis

When determining whether Darden Restaurants offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Darden Restaurants' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Darden Restaurants Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Darden Restaurants Stock:
Check out the analysis of Darden Restaurants Correlation against competitors.
For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Darden Restaurants. If investors know Darden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Darden Restaurants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.087
Dividend Share
5.33
Earnings Share
8.66
Revenue Per Share
95.695
Quarterly Revenue Growth
0.01
The market value of Darden Restaurants is measured differently than its book value, which is the value of Darden that is recorded on the company's balance sheet. Investors also form their own opinion of Darden Restaurants' value that differs from its market value or its book value, called intrinsic value, which is Darden Restaurants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Darden Restaurants' market value can be influenced by many factors that don't directly affect Darden Restaurants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Darden Restaurants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Darden Restaurants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Darden Restaurants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.