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DRVNDriven Brands Holdings Inc.
$15.13$2.5B
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  4. Financial Ratios

Driven Brands Holdings Inc. (DRVN) Financial Ratios

Latest Ratios: P/E Ratio 17.8x · EV/EBITDA 16.1x · ROE 20.4%. (2018–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

DRVN Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Market Cap$2.5B$2.4B$2.6B$2.3B$4.6B$5.5B———
Enterprise Value$5.1B$5.0B$6.4B$6.4B$8.2B$8.3B———
P/E Ratio →17.8017.44——109.24560.33———
P/S Ratio1.341.301.111.002.243.77———
P/B Ratio3.233.174.282.552.753.36———
P/FCF23.1622.53———44.98———
P/OCF7.557.3510.7710.1023.0919.50———

P/E links to full P/E history page with 30-year chart

DRVN EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
EV / Revenue—2.682.752.784.055.67———
EV / EBITDA16.1515.93133.48—23.7728.73———
EV / EBIT21.8722.48——45.1875.14———
EV / FCF—46.27———67.65———

DRVN Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Gross Margin45.0%45.0%52.4%44.8%47.6%49.4%61.6%62.7%41.8%
Operating Margin12.4%12.4%-6.0%-29.8%9.8%12.1%10.5%11.7%11.8%
Net Profit Margin7.5%7.5%-12.5%-32.3%2.1%0.7%-0.5%1.3%1.4%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
ROE20.4%20.4%-38.6%-58.2%2.6%0.7%-0.6%2.1%1.6%
ROA3.0%3.0%-5.2%-12.0%0.7%0.2%-0.1%0.5%0.5%
ROIC4.5%4.5%-2.2%-10.0%3.1%3.2%2.6%3.9%4.0%
ROCE5.6%5.6%-2.7%-12.0%3.5%3.6%3.1%4.8%4.8%

DRVN Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Debt / Equity3.473.476.584.722.372.012.664.541.60
Debt / EBITDA8.508.5083.00—11.2911.4318.7713.958.99
Net Debt / Equity—3.336.304.522.231.702.504.421.52
Net Debt / EBITDA8.178.1779.47—10.649.6317.6613.588.51
Debt / FCF—23.74———22.6887.8897.4039.99
Interest Coverage1.831.83-1.02-4.161.601.461.071.221.39

DRVN Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Current Ratio0.750.751.521.921.131.611.221.171.33
Quick Ratio0.670.671.361.730.991.511.081.001.23
Cash Ratio0.140.140.390.410.451.100.570.220.41
Asset Turnover—0.450.440.390.310.250.190.320.38
Inventory Turnover19.5719.5716.5015.2914.7915.808.068.5533.78
Days Sales Outstanding—35.5230.1626.4935.0031.0435.4747.8832.00

DRVN Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Dividend Yield—————————
Payout Ratio———————2108.4%750.3%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Earnings Yield5.6%5.7%——0.9%0.2%———
FCF Yield4.3%4.4%———2.2%———
Buyback Yield0.0%0.0%0.0%2.2%0.0%0.8%———
Total Shareholder Yield0.0%0.0%0.0%2.2%0.0%0.8%———
Shares Outstanding—$164M$160M$162M$167M$165M$170M$165M$165M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetVulnerable
Cash FlowMixed
Top Statement Risk

High leverage and volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Valuation Reflects Significant Earnings Uncertainty

According to recent market data, DRVN trades at a forward P/E of 11.53, which appears to discount the company's historical volatility and suggests that investors remain skeptical regarding the sustainability of future earnings growth compared to the broader automotive service sector's more stable valuation multiples.

The current P/E of 16.55 relative to a forward P/E of 11.53 implies that the market is pricing in a significant contraction in earnings or a lack of confidence in management's ability to execute on margin expansion. This valuation gap warrants further investigation into whether the stock is a value play or a value trap, given the persistent instability in the company's bottom-line performance.

Capital Returns Hampered by Leverage

Based on reported financial statements, DRVN's ROIC has struggled to exceed 2.3% in recent quarters, indicating that the company is failing to generate returns on invested capital that meaningfully exceed its cost of capital, a trend that appears to be exacerbated by its heavy debt burden.

The low ROIC, which dipped into negative territory in 2024Q4, suggests that the aggressive acquisition strategy has not yet translated into efficient capital compounding. Investors should monitor whether management can improve asset utilization, as the current returns appear insufficient to justify the capital intensity required to maintain the service footprint.

Working Capital Volatility Impedes Efficiency

As reported in quarterly filings, DRVN's cash conversion cycle has fluctuated significantly, reaching 57 days in 2025Q4, which suggests that the company's working capital management is currently inefficient and potentially straining the liquidity needed to support its high-frequency service model.

The variability in DSO and DPO indicates a lack of consistent control over the cash cycle, which is critical for a business model that relies on high throughput. This inefficiency appears to be a structural drag on cash flow, making the company more vulnerable to operational disruptions than its more streamlined peers.

Debt Service Remains Structural Constraint

Based on the latest financial disclosures, DRVN maintains a debt-to-equity ratio of 2.77, which, while improved from previous peaks, continues to signal a capital structure that is highly sensitive to interest rate fluctuations and limits the company's strategic flexibility in a volatile macro environment.

The interest coverage ratio of 2.88 in 2026Q1 suggests that while the company is currently meeting its obligations, the margin for error remains thin. Any further deterioration in operating income could quickly pressure the company's ability to service its debt, necessitating a cautious approach to future inorganic growth.

Misapplication of Standard P/E Multiples

Investors frequently misapply standard P/E multiples to DRVN, failing to account for the significant non-cash amortization charges and pass-through advertising funds that distort GAAP earnings and obscure the company's true underlying cash-generating capacity as a multi-brand service platform.

Using P/E as the primary valuation metric ignores the impact of the company's aggressive acquisition history on the income statement. A more appropriate approach would involve focusing on EV/EBITDA or free cash flow yield, which better capture the operational reality of the business and strip away the noise created by accounting-heavy non-cash expenses.

Download Financial Ratios Data

Includes 30+ ratios · 8 years · Updated daily

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DRVN — Frequently Asked Questions

Quick answers to the most common questions about buying DRVN stock.

What is Driven Brands Holdings Inc.'s P/E ratio?

Driven Brands Holdings Inc.'s current P/E ratio is 17.8x. The historical average is 63.3x. This places it at the 50th percentile of its historical range.

What is Driven Brands Holdings Inc.'s EV/EBITDA?

Driven Brands Holdings Inc.'s current EV/EBITDA is 16.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 22.8x.

What is Driven Brands Holdings Inc.'s ROE?

Driven Brands Holdings Inc.'s return on equity (ROE) is 20.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -8.7%.

Is DRVN stock overvalued?

Based on historical data, Driven Brands Holdings Inc. is trading at a P/E of 17.8x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Driven Brands Holdings Inc.'s profit margins?

Driven Brands Holdings Inc. has 45.0% gross margin and 12.4% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does Driven Brands Holdings Inc. have?

Driven Brands Holdings Inc.'s Debt/EBITDA ratio is 8.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.