Driven Brands (DRVN) stock price, revenue, and financials
Driven Brands market cap is $4.4 b, and annual revenue was $904.2 m in FY 2020
$27.97
$4.4 B
DRVN Mkt cap, 20-Jun-2022$371.1 M
Driven Brands Revenue Q3, 2021Driven Brands Net income (Q3, 2021)33.1 M
Driven Brands EBIT (Q3, 2021)63.7 M
Driven Brands Cash, 25-Sept-2021115.4 M
Driven Brands EV6.8 B
Driven Brands Revenue Breakdown
Driven Brands revenue breakdown by business segment: 15.4% from Platform Services, 18.3% from Paint, Collision & Glass, 46.1% from Maintenance, 16.6% from Car Wash and 3.6% from Other
Driven Brands revenue breakdown by geographic segment: 7.4% from Rest of world, 79.8% from United States and 12.8% from Canada
Driven Brands Income Statement
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Revenue | 492.7m | 600.3m | 904.2m |
Revenue growth, % | 22% | 51% | |
Sales and marketing expense | 75.0m | 69.8m | 62.0m |
General and administrative expense | 125.8m | 142.2m | 218.3m |
Operating expense total | 434.5k | 530.3k | 809.5m |
Depreciation and amortization | 19.8m | 24.2m | 62.1m |
EBIT | 58.2m | 70.0m | 94.7m |
EBIT margin, % | 12% | 12% | 10% |
Interest expense | 41.8m | 56.8m | 95.6m |
Pre tax profit | 9.9m | 12.6m | 7.2m |
Income tax expense | 2.8m | 4.8m | 11.4m |
Net Income | 7.1m | 7.8m | (4.2m) |
EPS | 0.1 | 0.1 | 0.0 |
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|
Revenue | 180.1m | 167.8m | 267.8m | 329.4m | 374.8m | 371.1m |
General and administrative expense | 51.1m | 45.5m | 56.6m | 69.1m | 77.9m | 71.6m |
Operating expense total | 164.4m | 146.5m | 229.7m | 279.7m | 311.2m | 307.4m |
Depreciation and amortization | 7.8m | 8.6m | 16.2m | 23.9m | 26.4m | 28.4m |
EBIT | 15.7m | 21.3m | 38.0m | 49.7m | 63.6m | 63.7m |
EBIT margin, % | 9% | 13% | 14% | 15% | 17% | 17% |
Interest expense | 17.5m | 17.9m | 29.6m | 18.1m | 16.6m | 17.7m |
Pre tax profit | (5.3m) | 4.6m | 10.0m | (24.4m) | 52.2m | 45.0m |
Income tax expense | (1.3m) | 1.5m | 5.9m | (4.4m) | 17.0m | 11.9m |
Net Income | (3.9m) | 3.1m | 4.1m | (19.9m) | 35.2m | 33.1m |
EPS | 0.0 | 0.0 | 0.0 | (0.1) | 0.2 | 0.2 |
Driven Brands Balance Sheet
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Cash | 37.5m | 34.9m | 172.6m |
Accounts Receivable | 42.1m | 74.1m | 84.8m |
Prepaid Expenses | 11.2m | 14.5m | 25.1m |
Inventories | 8.5m | 26.1m | 43.0m |
Current Assets | 120.2m | 185.3m | 373.7m |
PP&E | 92.7m | 134.4m | 827.4m |
Goodwill | 588.2m | 870.6m | 1.7b |
Total Assets | 1.3b | 1.9b | 4.7b |
Accounts Payable | 31.3m | 58.9m | 67.8m |
Short-term debt | 7.3m | 13.1m | 23.0m |
Current Liabilities | 90.5m | 158.8m | 305.4m |
Long-term debt | 693.9m | 1.3b | 2.9b |
Total Debt | 701.2m | 1.3b | 2.9b |
Total Liabilities | 869.2m | 1.6b | 3.5b |
Total Equity | 437.7m | 289.9m | 1.1b |
Debt to Equity Ratio | 1.6 x | 4.5 x | 2.7 x |
Debt to Assets Ratio | 0.5 x | 0.7 x | 0.6 x |
Financial Leverage | 3 x | 6.5 x | 4.2 x |
Quarterly
| USD | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|
Cash | 184.4m | 175.4m | 147.3m | 115.4m |
Accounts Receivable | 88.3m | 104.2m | 106.8m | 110.9m |
Prepaid Expenses | 17.1m | 45.7m | 28.2m | 26.0m |
Inventories | 42.5m | 42.9m | 41.9m | 44.3m |
Current Assets | 366.6m | 411.5m | 366.4m | 339.0m |
PP&E | 899.5m | 766.5m | 938.2m | 1.1b |
Goodwill | 1.6b | 1.7b | 1.8b | 1.8b |
Total Assets | 4.5b | 4.6b | 4.8b | 5.0b |
Accounts Payable | 79.9m | 67.2m | 79.2m | 72.5m |
Short-term debt | 21.0m | 17.1m | 17.8m | 18.3m |
Current Liabilities | 296.1m | 297.4m | 331.7m | 336.6m |
Long-term debt | 2.8b | 2.3b | 2.3b | 2.5b |
Total Debt | 2.8b | 2.3b | 2.4b | 2.5b |
Total Liabilities | 3.4b | 3.0b | 3.1b | 3.3b |
Common Stock | 1.7m | 1.7m | 1.7m | |
Additional Paid-in Capital | 1.6b | 1.6b | 1.6b | |
Retained Earnings | 12.0m | 47.2m | 80.4m | |
Total Equity | 1.1b | 1.6b | 1.7b | 1.7b |
Debt to Equity Ratio | 2.6 x | 1.4 x | 1.4 x | 1.5 x |
Debt to Assets Ratio | 0.6 x | 0.5 x | 0.5 x | 0.5 x |
Financial Leverage | 4.1 x | 2.9 x | 2.9 x | 3 x |
Driven Brands Cash Flow
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Net Income | 7.1m | 7.8m | (4.2m) |
Depreciation and Amortization | 19.8m | 24.2m | 62.1m |
Accounts Receivable | 2.1m | (7.2m) | (11.8m) |
Inventories | (269.0k) | (5.5m) | (2.9m) |
Accounts Payable | (9.1m) | 13.8m | (4.5m) |
Cash From Operating Activities | 38.8m | 41.4m | 84.0m |
Capital Expenditures | (22.2m) | (28.2m) | (52.5m) |
Cash From Investing Activities | (17.8m) | (482.4m) | (57.3m) |
Short-term Borrowings | (19.6m) | 59.5m | (432.8m) |
Long-term Borrowings | (197.8m) | (11.0m) | (448.8m) |
Dividends Paid | (53.0m) | (163.0m) | |
Cash From Financing Activities | (9.5m) | 446.5m | 118.6m |
Net Change in Cash | 11.7m | 5.4m | 149.8m |
Interest Paid | 40.0m | 51.2m | 88.8m |
Income Taxes Paid | 1.0m | 1.8m | 6.2m |
Free Cash Flow | 16.6m | 13.1m | 31.5m |
Quarterly
| USD | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|
Net Income | 18.3m | (3.9m) | (856.0k) | 3.3m | (19.9m) | 15.2m | 48.3m |
Depreciation and Amortization | 15.2m | 7.8m | 16.4m | 32.7m | 23.9m | 50.3m | 78.7m |
Accounts Receivable | (21.4m) | (14.1m) | (26.1m) | (12.3m) | (19.7m) | (24.2m) | (28.8m) |
Inventories | (1.6m) | (1.9m) | (577.0k) | (1.3m) | 135.0k | (396.0k) | (3.3m) |
Accounts Payable | 16.8m | 21.4m | 11.7m | 10.3m | 638.0k | 3.9m | (3.9m) |
Cash From Operating Activities | 31.1m | 5.9m | 13.6m | 66.5m | 32.6m | 124.7m | 198.2m |
Capital Expenditures | (15.7m) | (16.2m) | (24.9m) | (35.1m) | (23.3m) | (46.2m) | (93.6m) |
Cash From Investing Activities | (150.3m) | (17.1m) | (53.4m) | (26.5m) | (4.5m) | (196.8m) | (462.7m) |
Short-term Borrowings | (191.6m) | (132.8m) | (152.8m) | (212.8m) | |||
Long-term Borrowings | (7.7m) | (3.3m) | 12.9m | (12.3m) | (707.8m) | (713.8m) | (718.3m) |
Dividends Paid | (163.0m) | ||||||
Cash From Financing Activities | 402.2m | 34.4m | 62.4m | 111.2m | (29.9m) | 40.8m | 204.8m |
Net Change in Cash | 282.7m | 26.9m | 22.2m | 151.5m | (1.1m) | (29.5m) | (62.0m) |
Interest Paid | 16.0m | 61.9m | 16.4m | 53.8m | |||
Income Taxes Paid | 10.0k | 3.1m | 1.4m | 10.6m | |||
Free Cash Flow | 15.4m | (10.3m) | (11.4m) | 31.3m | 9.3m | 78.5m | 104.6m |
Driven Brands Ratios
| USD | FY, 2018 |
|---|---|
Debt/Equity | 1.6 x |
Debt/Assets | 0.5 x |
Financial Leverage | 3 x |
