Dutch Bros Inc. (BROS)
Consumer Discretionary · Quick service beverage retail / specialty coffee
A rapidly expanding drive-thru beverage chain offering hand-crafted, customizable coffee and energy drinks with a loyal digital membership base.
What Dutch Bros Inc. does
Dutch Bros is a high-growth operator and franchisor of drive-thru coffee and beverage shops that focus on serving high-quality, hand-crafted beverages with speed and superior service. Founded in 1992, the company operates a customizable menu spanning coffee-based drinks (approximately 50% of sales), proprietary energy drinks (approximately 25%), and refreshments including teas, lemonades, and smoothies. As of December 31, 2025, Dutch Bros operated 1,136 shops (811 company-operated and 325 franchised) across 25 U.S. states, supported by a digital loyalty program called Dutch Rewards.
Themes: ["Quick service beverages / specialty coffee","Drive-thru restaurant model","Digital loyalty and customer engagement","Customizable, made-to-order beverages","Franchise expansion"]
Fundamentals
- Price$65.64 as of 2026-07-09 close
- Market cap$10.8B as of 2026-07-10
- 1-year return-1.8% as of 2026-07-09 close
- P/E134.22 as of 2026-07-10
- Net margin+4.6% as of 2026-07-10
- Gross margin+28.5% as of 2026-07-10
- ROE+12.1% as of 2026-07-10
- Debt / equity0.88 as of 2026-07-10
- Revenue growth (YoY)+28.4% as of 2026-07-10
- Revenue CAGR (3y)+30.4% SEC XBRL
- Beta2.36 as of 2026-07-10
Key risks (from latest filing)
["Inflation, increased minimum wages, and macroeconomic conditions impacting cost of sales and labor expenses","Supply chain disruptions affecting beverage and food ingredient sourcing","Interest rate and liquidity risks related to existing debt facilities"]
Competitors & peers
- Starbucks (SBUX)
- Dunkin' (DNKN)
- Taco Bell (part of Yum! Brands, YUM)
- Chipotle Mexican Grill (CMG)
- Chick-fil-A
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.