Flagship explainer

What drives DUTCH BROS INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity13%Tax burden59%net income ÷ pretax incomeInterest burden84%pretax ÷ operating incomeOperating margin10%operating income ÷ revenueAsset turnover0.59×revenue ÷ average assetsEquity multiplier4.52×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$79.8MFY2025
Income before tax$136MFY2025
Operating income$161MFY2025
$1.6BFY2025
Ending assets$3.0BFY2025
Beginning assets$2.5BFY2024
$681MFY2025
$537MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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