Dutch Bros Inc.BROS

Market cap

$10.1B

P/E ratio

	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Net income (loss)	-120	-19	10	66
Depreciation and amortization	25	45	69	93
Paid-in-Kind Interest	0	1	1	1
Non-cash donation expense	-	-	-	2
Gain on disposal of assets	-1	0	0	1
Equity-based compensation	158	42	39	11
Deferred income taxes	3	-1	-6	-15
Remeasurement gain on TRAs	-	-3	-3	-4
Non-cash operating lease cost	-	10	11	16
Accounts receivable, net	-0	1	-3	1
Inventories, net	8	16	8	-10
Prepaid expenses and other current assets	4	1	5	2
Other long-term assets	-0	-1	1	-1
Accounts payable	2	2	4	4
Accrued compensation and benefits	-	-	12	18
Other accrued liabilities	10	6	4	11
Other current liabilities	5	1	0	1
Deferred revenue	12	3	6	14
Other long-term liabilities	-0	-1	-	-
Operating lease liabilities	-	-10	-9	-8
Net cash provided by operating activities	80	60	140	246
Purchases of property and equipment	118	188	228	222
Proceeds from disposal of fixed assets	3	1	1	10
Acquisition of shops from franchisees	5	6	-	-
Net cash used in investing activities	-121	-193	-227	-212
Proceeds from line of credit	65	158	90	2
Payments on line of credit	15	10	203	2
Payments on finance lease liabilities	-	6	12	11
Proceeds from long-term debt	200	1	2	150
Payments on long-term debt	228	2	3	11
Payments of debt issuance costs	2	3	1	-
Proceeds from Issuance of Common Stock, Net of Stock Issuance Cost	-	-	331	-
Payment of deferred offering costs	-	-	1	-
Tax withholding payments upon vesting of equity awards	11	4	2	1
Distributions to non-controlling interest holders	-	-	-	2
Net cash provided by financing activities	28	134	201	125
Net increase in cash and cash equivalents	-13	2	113	160
Interest paid	7	18	35	39
Income Taxes Paid, Net	-	-	-	2
Capital Expenditures Incurred but Not yet Paid	6	7	14	13
Transfer Of Line Of Credit Facility To Long Term Debt	-	100	-	-