Darden Restaurants Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.21B | $1.05B | $1.03B | $981.9M | $952.8M | $629.3M | $-52.4M | $713.4M |
| Depreciation & Amortization | $561.1M | $516.1M | $459.9M | $387.8M | $368.4M | $350.9M | $355.9M | $336.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $79.1M | $79.1M | $68.5M | $67.5M | $60.5M | $72.4M | $53.0M | $59.8M |
| Net Cash from Operating Activities | $1.85B | $1.71B | $1.62B | $1.55B | $1.26B | $1.19B | $717.4M | $1.27B |
| Investing Activities | ||||||||
| Capital Expenditures | $734.0M | $644.6M | $601.2M | $564.9M | $376.9M | $254.9M | $459.9M | $452.0M |
| Business Acquisitions | $0 | $613.7M | $701.1M | $0 | $0 | $0 | $55.8M | $0 |
| Net Cash from Investing Activities | $-711.4M | $-1.28B | $-1.32B | $-568.4M | $-389.0M | $-263.7M | $-544.0M | $-462.6M |
| Financing Activities | ||||||||
| Dividends Paid | $693.0M | $658.5M | $628.4M | $589.8M | $563.0M | $202.6M | $322.3M | $370.8M |
| Stock Repurchases | $671.7M | $418.2M | $453.9M | $458.7M | $1.07B | $45.4M | $330.3M | $207.5M |
| Net Cash from Financing Activities | $-1.16B | $-385.8M | $-483.4M | $-1.03B | $-1.61B | $-478.9M | $138.7M | $-484.2M |
| Net Change in Cash | $-26.9M | $34.4M | $-196.1M | $-55.9M | $-742.6M | $451.4M | $306.0M | $310.4M |
| Free Cash Flow | $1.12B | $1.06B | $1.02B | $987.9M | $887.7M | $938.6M | $257.5M | $815.6M |