Krispy Kreme (DNUT) Financials

$2.90 -0.03 (-1.02%)

Closing price 05/30/2025 04:00 PM Eastern

Extended Trading

$2.90 0.00 (0.00%)

As of 05/30/2025 07:55 PM Eastern

Annual Income Statements for Krispy Kreme

This table shows Krispy Kreme's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/29/2024	12/31/2023	1/1/2023
Net Income / (Loss) Attributable to Common Shareholders	3.10	-38	-16
Consolidated Net Income / (Loss)	3.82	-37	-8.78
Net Income / (Loss) Continuing Operations	3.82	-37	-8.78
Total Pre-Tax Income	20	-41	-8.16
Total Operating Income	-8.74	13	29
Total Gross Profit	1,665	1,686	1,530
Total Revenue	1,665	1,686	1,530
Total Cost of Revenue	0.00	0.00	0.00
Total Operating Expenses	1,674	1,673	1,501
Selling, General & Admin Expense	1,084	1,043	927
Marketing Expense	457	489	449
Depreciation Expense	134	126	110
Other Operating Expenses / (Income)	-3.97	10	10
Other Special Charges / (Income)	3.41	4.12	4.23
Total Other Income / (Expense), net	29	-54	-37
Interest Expense	60	50	34
Other Income / (Expense), net	89	-3.80	-3.04
Income Tax Expense	16	-4.35	0.61
Net Income / (Loss) Attributable to Noncontrolling Interest	0.72	1.28	6.85
Basic Earnings per Share	$0.02	($0.23)	($0.10)
Weighted Average Basic Shares Outstanding	169.34M	168.29M	167.47M
Diluted Earnings per Share	$0.02	($0.23)	($0.10)
Weighted Average Diluted Shares Outstanding	171.50M	168.29M	167.47M
Weighted Average Basic & Diluted Shares Outstanding	170.30M	168.70M	168.10M
Cash Dividends to Common per Share	$0.04	$0.04	$0.04

This table shows Krispy Kreme's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/29/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	10/1/2023	7/2/2023	4/2/2023	1/1/2023	10/2/2022
Net Income / (Loss) Attributable to Common Shareholders	-22	40	-5.49	-8.53	2.61	-40	0.22	-0.30	-2.72	-13
Consolidated Net Income / (Loss)	-22	38	-4.93	-6.66	1.88	-40	0.08	1.64	-0.99	-12
Net Income / (Loss) Continuing Operations	-22	38	-4.93	-6.66	1.88	-40	0.08	1.64	-0.99	-12
Total Pre-Tax Income	-25	55	-8.54	-2.40	-20	-16	-7.48	1.96	-6.04	-12
Total Operating Income	-11	-16	6.86	12	-5.34	-2.11	5.65	15	5.21	-1.03
Total Gross Profit	404	380	439	443	451	407	409	419	501	378
Total Revenue	404	380	439	443	451	407	409	419	405	378
Total Operating Expenses	416	396	432	431	456	409	403	404	496	379
Selling, General & Admin Expense	267	263	277	277	275	264	252	253	247	232
Marketing Expense	111	107	120	119	127	114	121	128	213	114
Depreciation Expense	34	31	35	34	37	32	29	28	26	28
Other Operating Expenses / (Income)	2.46	-5.78	-0.85	0.20	16	-1.10	0.31	-5.26	8.36	2.96
Other Special Charges / (Income)	0.72	0.62	0.97	1.11	1.19	1.06	1.10	0.76	0.71	1.20
Total Other Income / (Expense), net	-13	71	-15	-14	-14	-14	-13	-13	-11	-11
Interest Expense	16	16	14	14	13	13	12	12	10	8.87
Other Income / (Expense), net	2.56	88	-0.95	-0.57	-0.77	-0.97	-1.06	-1.00	-0.95	-1.65
Income Tax Expense	-2.38	18	-3.61	4.26	-21	24	-7.56	0.32	-5.06	0.29
Net Income / (Loss) Attributable to Noncontrolling Interest	0.28	-1.99	0.56	1.87	-0.73	0.20	-0.14	1.95	1.73	1.22
Basic Earnings per Share	($0.13)	$0.23	($0.03)	($0.05)	$0.01	($0.24)	$0.00	$0.00	($0.02)	($0.08)
Weighted Average Basic Shares Outstanding	169.34M	169.60M	169.10M	168.69M	168.29M	168.22M	168.18M	168.14M	167.47M	167.43M
Diluted Earnings per Share	($0.13)	$0.23	($0.03)	($0.05)	$0.01	($0.24)	$0.00	$0.00	($0.02)	($0.08)
Weighted Average Diluted Shares Outstanding	171.50M	171.49M	169.10M	168.69M	168.29M	168.22M	170.66M	168.14M	167.47M	167.43M
Weighted Average Basic & Diluted Shares Outstanding	170.30M	170M	169.60M	168.70M	168.70M	168.60M	168.20M	168.20M	168.10M	167.44M

This table details how cash moves in and out of Krispy Kreme's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/29/2024	12/31/2023	1/1/2023
Net Change in Cash & Equivalents	-9.30	2.88	-3.46
Net Cash From Operating Activities	46	46	140
Net Cash From Continuing Operating Activities	46	46	140
Net Income / (Loss) Continuing Operations	3.82	-37	-8.78
Consolidated Net Income / (Loss)	3.82	-37	-8.78
Depreciation Expense	134	126	110
Amortization Expense	-5.91	-10	0.00
Non-Cash Adjustments To Reconcile Net Income	-54	62	42
Changes in Operating Assets and Liabilities, net	-32	-95	-4.13
Net Cash From Investing Activities	19	-113	-121
Net Cash From Continuing Investing Activities	19	-113	-121
Purchase of Property, Plant & Equipment	-121	-121	-112
Acquisitions	-35	-1.42	-18
Sale of Property, Plant & Equipment	0.18	0.22	1.08
Divestitures	124	0.00	0.00
Other Investing Activities, net	51	10	7.49
Net Cash From Financing Activities	-74	72	-17
Net Cash From Continuing Financing Activities	-74	72	-17
Repayment of Debt	-713	-1,090	-101
Repurchase of Common Equity	-5.49	-1.88	-16
Payment of Dividends	-65	-39	-35
Issuance of Debt	676	1,176	149
Issuance of Common Equity	1.56	0.29	0.59
Other Financing Activities, net	32	26	-14
Effect of Exchange Rate Changes	-0.46	-1.93	-4.97

This table details how cash moves in and out of Krispy Kreme's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/29/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	10/1/2023	7/2/2023	4/2/2023	1/1/2023	10/2/2022
Net Change in Cash & Equivalents	3.43	-3.22	-4.50	-5.00	12	-0.83	-3.11	-5.65	7.23	2.29
Net Cash From Operating Activities	27	3.26	33	-18	1.51	-2.22	36	10	69	17
Net Cash From Continuing Operating Activities	27	3.26	33	-18	1.51	-2.22	36	10	69	17
Net Income / (Loss) Continuing Operations	-22	38	-4.93	-6.66	1.88	-40	0.08	1.64	-0.99	-12
Consolidated Net Income / (Loss)	-22	38	-4.93	-6.66	1.88	-40	0.08	1.64	-0.99	-12
Depreciation Expense	34	31	35	34	37	32	29	28	26	28
Non-Cash Adjustments To Reconcile Net Income	11	-82	8.81	8.50	26	7.32	12	16	25	8.27
Changes in Operating Assets and Liabilities, net	4.26	16	-2.29	-50	-60	1.67	-0.94	-35	19	-7.75
Net Cash From Investing Activities	-25	110	-36	-29	-34	-34	-28	-16	-34	-39
Net Cash From Continuing Investing Activities	-25	110	-36	-29	-34	-34	-28	-16	-34	-39
Purchase of Property, Plant & Equipment	-34	-26	-32	-29	-33	-34	-28	-27	-37	-24
Acquisitions	-5.33	-27	-	-	-1.42	-	-	-	0.01	-
Divestitures	6.48	-	-	-	-	-	-	-	-	-
Other Investing Activities, net	7.11	45	-0.94	0.02	-0.20	0.06	0.08	10	2.72	1.59
Net Cash From Financing Activities	3.40	-118	-3.33	44	44	35	-9.70	1.81	-31	28
Net Cash From Continuing Financing Activities	3.40	-118	-3.33	44	44	35	-9.70	1.81	-31	28
Repayment of Debt	-167	-239	-174	-132	-119	-49	-64	-857	-31	-20
Repurchase of Common Equity	-1.12	-0.09	-3.47	-0.80	-0.27	-1.46	-0.15	0.00	-14	-0.06
Payment of Dividends	-12	-39	-7.07	-6.88	-8.56	-7.52	-16	-7.02	-6.06	-7.89
Issuance of Debt	186	125	186	180	131	56	98	892	28	69
Issuance of Common Equity	1.20	-	-	-	0.29	-	-	-	13	-
Other Financing Activities, net	-3.34	35	-3.83	4.10	41	38	-27	-26	-20	-12
Effect of Exchange Rate Changes	-1.55	1.20	1.71	-1.83	0.86	0.22	-1.64	-1.37	3.00	-3.49

This table presents Krispy Kreme's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/29/2024	12/31/2023	1/1/2023
Total Assets	3,072	3,241	3,149
Total Current Assets	173	174	178
Cash & Equivalents	29	38	35
Restricted Cash	0.35	0.43	0.36
Accounts Receivable	68	59	51
Inventories, net	28	35	46
Prepaid Expenses	32	25	27
Current Deferred & Refundable Income Taxes	16	16	18
Plant, Property, & Equipment, net	0.00	0.00	0.00
Total Noncurrent Assets	2,899	3,067	2,970
Long-Term Investments	91	2.81	-
Goodwill	1,048	1,102	1,088
Intangible Assets	820	946	966
Other Noncurrent Operating Assets	941	1,016	916
Total Liabilities & Shareholders' Equity	3,072	3,241	3,149
Total Liabilities	1,908	1,977	1,850
Total Current Liabilities	486	526	516
Short-Term Debt	56	55	40
Accounts Payable	123	156	225
Accrued Expenses	124	134	104
Other Current Liabilities	182	180	147
Total Noncurrent Liabilities	1,421	1,451	1,333
Long-Term Debt	845	837	739
Noncurrent Deferred Revenue	41	36	38
Noncurrent Deferred & Payable Income Tax Liabilities	131	124	143
Other Noncurrent Operating Liabilities	405	455	413
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,164	1,264	1,299
Total Preferred & Common Equity	1,135	1,170	1,196
Total Common Equity	1,135	1,170	1,196
Common Stock	1,468	1,445	1,428
Retained Earnings	-300	-279	-217
Accumulated Other Comprehensive Income / (Loss)	-32	7.25	-9.15
Other Equity Adjustments	-1.91	-3.85	-4.81
Noncontrolling Interest	30	94	103

This table presents Krispy Kreme's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/29/2024	6/30/2024	3/31/2024	10/1/2023	7/2/2023	4/2/2023	10/2/2022
Total Assets	3,065	3,223	3,234	3,187	3,174	3,145	3,102
Total Current Assets	164	168	174	160	159	156	175
Cash & Equivalents	25	29	33	26	27	30	28
Restricted Cash	0.47	0.48	0.48	0.43	0.34	0.41	0.40
Accounts Receivable	62	57	57	50	49	52	47
Inventories, net	31	39	39	35	34	36	49
Prepaid Expenses	26	24	25	31	32	21	33
Current Deferred & Refundable Income Taxes	19	18	18	18	17	16	17
Plant, Property, & Equipment, net	0.00	0.00	543	0.00	0.00	476	0.00
Total Noncurrent Assets	2,901	3,055	2,517	3,027	3,015	2,514	2,927
Long-Term Investments	91	-	-	-	-	-	-
Goodwill	1,060	1,096	1,099	1,092	1,099	1,094	1,074
Intangible Assets	832	928	939	949	960	964	966
Other Noncurrent Operating Assets	918	1,031	480	986	955	456	887
Total Liabilities & Shareholders' Equity	3,065	3,223	3,234	3,187	3,174	3,145	3,102
Total Liabilities	1,856	1,994	1,986	1,938	1,868	1,838	1,828
Total Current Liabilities	475	494	490	525	447	446	509
Short-Term Debt	48	60	60	43	41	40	40
Accounts Payable	123	135	129	179	216	205	188
Accrued Expenses	120	114	117	165	96	83	112
Other Current Liabilities	185	184	184	138	93	118	169
Total Noncurrent Liabilities	1,381	1,501	1,496	1,413	1,421	1,392	1,319
Long-Term Debt	805	895	882	827	814	777	739
Noncurrent Deferred Revenue	50	37	37	34	33	40	40
Noncurrent Deferred & Payable Income Tax Liabilities	119	116	123	110	134	142	140
Other Noncurrent Operating Liabilities	407	453	454	442	439	432	401
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,209	1,229	1,248	1,249	1,306	1,307	1,274
Total Preferred & Common Equity	1,180	1,135	1,153	1,152	1,208	1,204	1,173
Total Common Equity	1,180	1,135	1,153	1,152	1,208	1,204	1,173
Common Stock	1,462	1,456	1,451	1,439	1,434	1,433	1,425
Retained Earnings	-271	-305	-293	-276	-229	-224	-209
Accumulated Other Comprehensive Income / (Loss)	-9.28	-13	-1.21	-7.52	7.78	-0.92	-37
Other Equity Adjustments	-1.92	-2.87	-3.63	-3.82	-3.81	-4.83	-4.81
Noncontrolling Interest	29	94	95	97	98	103	100

This table displays calculated financial ratios and metrics derived from Krispy Kreme's official financial filings.

Metric	2024	2023	2022
Period end date	12/29/2024	12/31/2023	1/1/2023
Growth Metrics	-	-	-
Revenue Growth	-1.23%	10.21%	10.51%
EBITDA Growth	66.08%	-8.26%	-3.07%
EBIT Growth	754.12%	-63.97%	-33.34%
NOPAT Growth	-118.32%	-54.63%	-29.50%
Net Income Growth	110.41%	-317.63%	40.88%
EPS Growth	108.70%	-130.00%	44.44%
Operating Cash Flow Growth	0.63%	-67.43%	-1.00%
Free Cash Flow Firm Growth	368.55%	-623.36%	-175.71%
Invested Capital Growth	-7.98%	3.50%	1.43%
Revenue Q/Q Growth	-2.74%	2.82%	2.27%
EBITDA Q/Q Growth	-1.24%	-2.37%	-7.33%
EBIT Q/Q Growth	-3.43%	-52.56%	-27.63%
NOPAT Q/Q Growth	41.84%	-44.50%	166.68%
Net Income Q/Q Growth	-86.31%	7.26%	-150.21%
EPS Q/Q Growth	-87.50%	11.54%	-66.67%
Operating Cash Flow Q/Q Growth	125.78%	-59.74%	23.55%
Free Cash Flow Firm Q/Q Growth	14.01%	-16.79%	0.00%
Invested Capital Q/Q Growth	0.03%	0.95%	0.90%
Profitability Metrics	-	-	-
Gross Margin	100.00%	100.00%	100.00%
EBITDA Margin	12.46%	7.41%	8.90%
Operating Margin	-0.52%	0.78%	1.89%
EBIT Margin	4.79%	0.55%	1.70%
Profit (Net Income) Margin	0.23%	-2.17%	-0.57%
Tax Burden Percent	19.30%	89.40%	107.50%
Interest Burden Percent	24.76%	-438.58%	-31.47%
Effective Tax Rate	80.70%	0.00%	0.00%
Return on Invested Capital (ROIC)	-0.08%	0.44%	1.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.59%	-5.31%	-3.09%
Return on Net Nonoperating Assets (RNNOA)	0.40%	-3.30%	-1.67%
Return on Equity (ROE)	0.31%	-2.86%	-0.67%
Cash Return on Invested Capital (CROIC)	8.23%	-2.99%	-0.42%
Operating Return on Assets (OROA)	2.53%	0.29%	0.82%
Return on Assets (ROA)	0.12%	-1.15%	-0.28%
Return on Common Equity (ROCE)	0.30%	-2.64%	-0.61%
Return on Equity Simple (ROE_SIMPLE)	0.34%	-3.13%	-0.73%
Net Operating Profit after Tax (NOPAT)	-1.69	9.20	20
NOPAT Margin	-0.10%	0.55%	1.33%
Net Nonoperating Expense Percent (NNEP)	-0.67%	5.76%	4.09%
Return On Investment Capital (ROIC_SIMPLE)	-0.08%	0.43%	0.98%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	65.10%	61.89%	60.62%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	100.52%	99.22%	98.11%
Earnings before Interest and Taxes (EBIT)	80	9.35	26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	208	125	136
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.46	2.14	1.41
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.99	1.49	1.10
Price to Earnings (P/E)	535.00	0.00	0.00
Dividend Yield	1.44%	0.94%	1.39%
Earnings Yield	0.19%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.27	1.63	1.24
Enterprise Value to Revenue (EV/Rev)	1.48	2.05	1.65
Enterprise Value to EBITDA (EV/EBITDA)	11.88	27.60	18.58
Enterprise Value to EBIT (EV/EBIT)	30.89	369.01	97.54
Enterprise Value to NOPAT (EV/NOPAT)	0.00	374.85	124.75
Enterprise Value to Operating Cash Flow (EV/OCF)	53.81	75.73	18.10
Enterprise Value to Free Cash Flow (EV/FCFF)	14.77	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.77	0.71	0.60
Long-Term Debt to Equity	0.73	0.66	0.57
Financial Leverage	0.67	0.62	0.54
Leverage Ratio	2.60	2.49	2.39
Compound Leverage Factor	0.64	-10.93	-0.75
Debt to Total Capital	43.62%	41.36%	37.49%
Short-Term Debt to Total Capital	2.73%	2.54%	1.93%
Long-Term Debt to Total Capital	40.89%	38.82%	35.57%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.45%	4.37%	4.93%
Common Equity to Total Capital	54.93%	54.28%	57.57%
Debt to EBITDA	4.34	7.13	5.72
Net Debt to EBITDA	3.76	6.80	5.46
Long-Term Debt to EBITDA	4.07	6.70	5.43
Debt to NOPAT	-534.45	96.86	38.41
Net Debt to NOPAT	-463.03	92.36	36.65
Long-Term Debt to NOPAT	-501.02	90.92	36.44
Altman Z-Score	0.89	1.04	0.83
Noncontrolling Interest Sharing Ratio	5.11%	7.67%	7.84%
Liquidity Ratios	-	-	-
Current Ratio	0.36	0.33	0.35
Quick Ratio	0.20	0.19	0.17
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	167	-62	-8.60
Operating Cash Flow to CapEx	38.00%	37.57%	126.37%
Free Cash Flow to Firm to Interest Expense	2.78	-1.24	-0.25
Operating Cash Flow to Interest Expense	0.76	0.90	4.10
Operating Cash Flow Less CapEx to Interest Expense	-1.24	-1.50	0.86
Efficiency Ratios	-	-	-
Asset Turnover	0.53	0.53	0.49
Accounts Receivable Turnover	26.21	30.53	31.04
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00
Days Sales Outstanding (DSO)	13.93	11.96	11.76
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	13.93	11.96	11.76
Capital & Investment Metrics	-	-	-
Invested Capital	1,945	2,114	2,042
Invested Capital Turnover	0.82	0.81	0.75
Increase / (Decrease) in Invested Capital	-169	71	29
Enterprise Value (EV)	2,466	3,449	2,530
Market Capitalization	1,656	2,505	1,684
Book Value per Share	$6.67	$6.94	$7.15
Tangible Book Value per Share	($4.31)	($5.21)	($5.12)
Total Capital	2,065	2,155	2,078
Total Debt	901	891	779
Total Long-Term Debt	845	837	739
Net Debt	781	850	743
Capital Expenditures (CapEx)	121	121	111
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-286	-336	-334
Debt-free Net Working Capital (DFNWC)	-257	-297	-298
Net Working Capital (NWC)	-313	-352	-338
Net Nonoperating Expense (NNE)	-5.50	46	29
Net Nonoperating Obligations (NNO)	781	850	743
Total Depreciation and Amortization (D&A)	128	116	110
Debt-free, Cash-free Net Working Capital to Revenue	-17.18%	-19.93%	-21.82%
Debt-free Net Working Capital to Revenue	-15.42%	-17.64%	-19.49%
Net Working Capital to Revenue	-18.81%	-20.88%	-22.11%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.02	($0.23)	($0.10)
Adjusted Weighted Average Basic Shares Outstanding	169.34M	168.29M	167.47M
Adjusted Diluted Earnings per Share	$0.02	($0.23)	($0.10)
Adjusted Weighted Average Diluted Shares Outstanding	171.50M	168.29M	167.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	170.30M	168.70M	168.10M
Normalized Net Operating Profit after Tax (NOPAT)	-3.73	12	23
Normalized NOPAT Margin	-0.22%	0.72%	1.52%
Pre Tax Income Margin	1.19%	-2.43%	-0.53%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	1.33	0.19	0.76
NOPAT to Interest Expense	-0.03	0.18	0.59
EBIT Less CapEx to Interest Expense	-0.68	-2.22	-2.48
NOPAT Less CapEx to Interest Expense	-2.04	-2.23	-2.65
Payout Ratios	-	-	-
Dividend Payout Ratio	1,711.01%	-106.68%	-400.58%
Augmented Payout Ratio	1,854.89%	-111.81%	-588.35%

This table displays calculated financial ratios and metrics derived from Krispy Kreme's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/29/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	10/1/2023	7/2/2023	4/2/2023	1/1/2023	10/2/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-10.40%	-6.75%	7.32%	5.67%	11.44%	7.91%	8.96%	12.46%	9.17%	10.13%
EBITDA Growth	-9.39%	296.28%	27.73%	0.19%	-9.88%	2.03%	-14.94%	-7.84%	-25.96%	-4.87%
EBIT Growth	-46.53%	2,419.42%	28.93%	-18.74%	-243.48%	-15.29%	-32.11%	-20.78%	-69.96%	-344.96%
NOPAT Growth	-115.52%	-635.79%	21.51%	-33.48%	-202.48%	-105.74%	-24.81%	15.14%	-65.07%	-156.30%
Net Income Growth	-1,277.00%	193.33%	-5,970.24%	-505.29%	291.17%	-240.02%	103.49%	-74.54%	-123.00%	-215.57%
EPS Growth	-1,400.00%	195.83%	0.00%	0.00%	150.00%	-200.00%	100.00%	-100.00%	-200.00%	-100.00%
Operating Cash Flow Growth	1,688.69%	246.87%	-7.41%	-270.82%	-97.81%	-113.21%	40.56%	-63.49%	62.81%	-59.93%
Free Cash Flow Firm Growth	313.83%	294.21%	87.16%	-30.35%	-197.67%	-142.61%	-124.23%	97.97%	0.00%	98.53%
Invested Capital Growth	-7.98%	-7.13%	0.96%	2.97%	3.50%	3.45%	6.27%	2.64%	1.43%	1.44%
Revenue Q/Q Growth	6.36%	-13.43%	-0.88%	-1.82%	10.69%	-0.37%	-2.40%	3.55%	7.17%	0.61%
EBITDA Q/Q Growth	-75.61%	174.02%	-10.51%	51.53%	6.65%	-11.68%	-29.81%	36.30%	20.74%	-26.37%
EBIT Q/Q Growth	-112.50%	1,110.34%	-47.86%	285.76%	-97.86%	-167.28%	-67.14%	227.98%	258.99%	-139.62%
NOPAT Q/Q Growth	26.05%	-326.67%	-42.40%	323.21%	-152.48%	-137.43%	-68.47%	243.88%	606.91%	-113.68%
Net Income Q/Q Growth	-158.99%	861.96%	25.99%	-453.85%	104.68%	-48,026.19%	-94.89%	266.90%	91.68%	-391.69%
EPS Q/Q Growth	-156.52%	866.67%	40.00%	-600.00%	104.17%	0.00%	0.00%	100.00%	75.00%	-300.00%
Operating Cash Flow Q/Q Growth	729.09%	-90.18%	287.69%	-1,270.97%	168.08%	-106.19%	246.24%	-85.00%	311.07%	-34.17%
Free Cash Flow Firm Q/Q Growth	15.99%	984.52%	70.89%	30.97%	-5.35%	41.52%	-195.45%	-63.53%	14.14%	45.95%
Invested Capital Q/Q Growth	0.03%	-9.77%	-0.07%	1.89%	0.95%	-1.91%	1.92%	2.55%	0.90%	0.76%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	123.75%	100.00%
EBITDA Margin	6.21%	27.09%	8.56%	9.48%	6.14%	6.37%	7.19%	10.00%	7.60%	6.74%
Operating Margin	-2.85%	-4.21%	1.56%	2.69%	-1.18%	-0.52%	1.38%	3.57%	1.29%	-0.27%
EBIT Margin	-2.21%	18.83%	1.35%	2.56%	-1.35%	-0.76%	1.12%	3.33%	1.05%	-0.71%
Profit (Net Income) Margin	-5.49%	9.89%	-1.12%	-1.51%	0.42%	-9.88%	0.02%	0.39%	-0.24%	-3.14%
Tax Burden Percent	90.32%	68.00%	57.73%	277.51%	-9.61%	253.34%	-1.12%	83.83%	16.31%	102.55%
Interest Burden Percent	274.45%	77.24%	-144.53%	-21.18%	320.96%	515.27%	-163.15%	14.06%	-142.04%	431.63%
Effective Tax Rate	0.00%	32.00%	0.00%	0.00%	0.00%	0.00%	0.00%	16.17%	0.00%	0.00%
Return on Invested Capital (ROIC)	-1.63%	-2.43%	0.89%	1.51%	-0.67%	-0.29%	0.75%	2.28%	0.68%	-0.14%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.37%	3.70%	-0.22%	-0.25%	0.03%	-5.15%	0.24%	0.80%	0.03%	-1.70%
Return on Net Nonoperating Assets (RNNOA)	-2.26%	2.38%	-0.15%	-0.17%	0.02%	-3.26%	0.14%	0.44%	0.02%	-0.94%
Return on Equity (ROE)	-3.90%	-0.05%	0.73%	1.35%	-0.65%	-3.55%	0.89%	2.72%	0.69%	-1.08%
Cash Return on Invested Capital (CROIC)	8.23%	7.25%	-0.58%	-2.59%	-2.99%	-2.59%	-5.24%	-1.70%	-0.42%	0.00%
Operating Return on Assets (OROA)	-1.17%	10.31%	0.73%	1.37%	-0.71%	-0.39%	0.58%	1.67%	0.51%	-0.34%
Return on Assets (ROA)	-2.89%	5.42%	-0.61%	-0.81%	0.22%	-5.15%	0.01%	0.20%	-0.12%	-1.51%
Return on Common Equity (ROCE)	-3.70%	-0.05%	0.68%	1.24%	-0.60%	-3.27%	0.83%	2.51%	0.64%	-1.00%
Return on Equity Simple (ROE_SIMPLE)	0.00%	2.36%	-4.40%	-3.90%	0.00%	-3.43%	-0.92%	-1.13%	0.00%	-0.30%
Net Operating Profit after Tax (NOPAT)	-8.05	-11	4.80	8.34	-3.73	-1.48	3.95	13	3.64	-0.72
NOPAT Margin	-1.99%	-2.87%	1.09%	1.88%	-0.83%	-0.36%	0.97%	2.99%	0.90%	-0.19%
Net Nonoperating Expense Percent (NNEP)	1.73%	-6.13%	1.11%	1.77%	-0.71%	4.86%	0.51%	1.48%	0.65%	1.56%
Return On Investment Capital (ROIC_SIMPLE)	-0.39%	-	-	-	-0.17%	-	-	-	0.18%	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-23.75%	0.00%
SG&A Expenses to Revenue	66.17%	69.27%	63.12%	62.52%	61.02%	64.73%	61.57%	60.36%	61.04%	61.56%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	102.85%	104.21%	98.44%	97.31%	101.18%	100.52%	98.62%	96.43%	122.47%	100.27%
Earnings before Interest and Taxes (EBIT)	-8.94	72	5.91	11	-6.10	-3.08	4.58	14	4.25	-2.68
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	25	103	38	42	28	26	29	42	31	25
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.46	1.57	1.59	2.21	2.14	1.80	2.02	2.14	1.41	1.61
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.99	1.08	1.04	1.49	1.49	1.26	1.52	1.63	1.10	1.26
Price to Earnings (P/E)	535.00	65.60	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	1.44%	1.29%	1.31%	0.92%	0.94%	1.14%	0.96%	0.91%	1.39%	1.24%
Earnings Yield	0.19%	1.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.27	1.34	1.31	1.65	1.63	1.44	1.58	1.65	1.24	1.35
Enterprise Value to Revenue (EV/Rev)	1.48	1.53	1.63	2.08	2.05	1.84	2.09	2.20	1.65	1.83
Enterprise Value to EBITDA (EV/EBITDA)	11.88	12.43	21.24	28.45	27.60	23.52	26.44	26.11	18.58	18.65
Enterprise Value to EBIT (EV/EBIT)	30.89	31.58	351.04	528.28	369.01	152.77	167.61	155.47	97.54	76.47
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	357.05	502.85	374.85	181.53	194.39	185.78	124.75	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	53.81	128.64	190.94	203.56	75.73	26.61	25.51	28.44	18.10	24.22
Enterprise Value to Free Cash Flow (EV/FCFF)	14.77	17.83	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.77	0.70	0.78	0.76	0.71	0.70	0.65	0.63	0.60	0.61
Long-Term Debt to Equity	0.73	0.67	0.73	0.71	0.66	0.66	0.62	0.59	0.57	0.58
Financial Leverage	0.67	0.64	0.69	0.66	0.62	0.63	0.58	0.55	0.54	0.55
Leverage Ratio	2.60	2.54	2.52	2.50	2.49	2.49	2.40	2.36	2.39	2.39
Compound Leverage Factor	7.14	1.96	-3.65	-0.53	8.00	12.85	-3.91	0.33	-3.39	10.33
Debt to Total Capital	43.62%	41.34%	43.72%	43.02%	41.36%	41.08%	39.57%	38.47%	37.49%	37.94%
Short-Term Debt to Total Capital	2.73%	2.31%	2.74%	2.75%	2.54%	2.05%	1.88%	1.89%	1.93%	1.96%
Long-Term Debt to Total Capital	40.89%	39.03%	40.98%	40.26%	38.82%	39.03%	37.68%	36.57%	35.57%	35.98%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.45%	1.43%	4.30%	4.32%	4.37%	4.57%	4.53%	4.86%	4.93%	4.89%
Common Equity to Total Capital	54.93%	57.23%	51.98%	52.66%	54.28%	54.35%	55.91%	56.67%	57.57%	57.17%
Debt to EBITDA	4.34	4.06	7.17	7.54	7.13	6.80	6.71	6.16	5.72	5.30
Net Debt to EBITDA	3.76	3.50	6.95	7.27	6.80	6.60	6.50	5.93	5.46	5.10
Long-Term Debt to EBITDA	4.07	3.83	6.72	7.05	6.70	6.46	6.39	5.86	5.43	5.02
Debt to NOPAT	-534.45	-294.02	120.51	133.19	96.86	52.53	49.32	43.83	38.41	-25.60
Net Debt to NOPAT	-463.03	-253.69	116.83	128.44	92.36	50.95	47.76	42.22	36.65	-24.67
Long-Term Debt to NOPAT	-501.02	-277.61	112.96	124.66	90.92	49.90	46.97	41.67	36.44	-24.28
Altman Z-Score	0.79	0.99	0.84	1.07	1.02	0.89	1.09	1.15	0.81	0.88
Noncontrolling Interest Sharing Ratio	5.11%	5.14%	7.56%	7.75%	7.67%	7.81%	7.64%	7.83%	7.84%	7.42%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.36	0.35	0.34	0.36	0.33	0.30	0.36	0.35	0.35	0.34
Quick Ratio	0.20	0.18	0.17	0.18	0.19	0.14	0.17	0.18	0.17	0.15
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	161	138	-16	-54	-75	-71	-122	-41	-25	-29
Operating Cash Flow to CapEx	79.74%	12.48%	104.92%	-60.92%	4.61%	-6.47%	129.39%	39.04%	189.31%	71.39%
Free Cash Flow to Firm to Interest Expense	10.30	8.51	-1.08	-3.92	-5.57	-5.57	-10.11	-3.44	-2.45	-3.31
Operating Cash Flow to Interest Expense	1.73	0.20	2.30	-1.29	0.11	-0.17	2.98	0.86	6.71	1.89
Operating Cash Flow Less CapEx to Interest Expense	-0.44	-1.41	0.11	-3.40	-2.32	-2.85	0.68	-1.35	3.17	-0.76
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.53	0.55	0.54	0.54	0.53	0.52	0.51	0.50	0.49	0.48
Accounts Receivable Turnover	26.21	30.61	32.60	31.28	30.53	33.88	34.11	32.58	31.04	27.96
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.38
Fixed Asset Turnover	0.00	0.00	0.00	3.36	0.00	0.00	0.00	3.43	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.09
Days Sales Outstanding (DSO)	13.93	11.92	11.20	11.67	11.96	10.77	10.70	11.20	11.76	13.06
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	968.87
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4,064.05
Cash Conversion Cycle (CCC)	13.93	11.92	11.20	11.67	11.96	10.77	10.70	11.20	11.76	-3,082.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,945	1,944	2,155	2,156	2,114	2,094	2,134	2,094	2,042	2,024
Invested Capital Turnover	0.82	0.85	0.81	0.80	0.81	0.80	0.78	0.76	0.75	0.74
Increase / (Decrease) in Invested Capital	-169	-149	20	62	71	70	126	54	29	29
Enterprise Value (EV)	2,466	2,611	2,829	3,557	3,449	3,010	3,371	3,464	2,530	2,741
Market Capitalization	1,656	1,846	1,809	2,554	2,505	2,068	2,445	2,573	1,684	1,890
Book Value per Share	$6.67	$6.96	$6.73	$6.84	$6.94	$6.85	$7.18	$7.16	$7.15	$7.01
Tangible Book Value per Share	($4.31)	($4.20)	($5.27)	($5.24)	($5.21)	($5.29)	($5.06)	($5.08)	($5.12)	($5.18)
Total Capital	2,065	2,061	2,184	2,190	2,155	2,120	2,161	2,124	2,078	2,052
Total Debt	901	852	955	942	891	871	855	817	779	779
Total Long-Term Debt	845	805	895	882	837	827	814	777	739	739
Net Debt	781	735	926	908	850	845	828	787	743	750
Capital Expenditures (CapEx)	34	26	32	29	33	34	28	27	36	24
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-286	-289	-295	-289	-336	-348	-274	-280	-334	-323
Debt-free Net Working Capital (DFNWC)	-257	-264	-266	-256	-297	-321	-247	-250	-298	-294
Net Working Capital (NWC)	-313	-311	-325	-316	-352	-365	-287	-290	-338	-334
Net Nonoperating Expense (NNE)	14	-48	9.73	15	-5.62	39	3.87	11	4.63	11
Net Nonoperating Obligations (NNO)	781	735	926	908	850	845	828	787	743	750
Total Depreciation and Amortization (D&A)	34	31	32	31	34	29	25	28	26	28
Debt-free, Cash-free Net Working Capital to Revenue	-17.18%	-16.90%	-16.94%	-16.92%	-19.93%	-21.20%	-17.00%	-17.78%	-21.82%	-21.58%
Debt-free Net Working Capital to Revenue	-15.42%	-15.39%	-15.27%	-14.96%	-17.64%	-19.61%	-15.32%	-15.87%	-19.49%	-19.67%
Net Working Capital to Revenue	-18.81%	-18.17%	-18.70%	-18.48%	-20.88%	-22.26%	-17.85%	-18.42%	-22.11%	-22.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.13)	$0.23	($0.03)	($0.05)	$0.01	($0.24)	$0.00	$0.00	($0.02)	($0.08)
Adjusted Weighted Average Basic Shares Outstanding	169.34M	169.60M	169.10M	168.69M	168.29M	168.22M	168.18M	168.14M	167.47M	167.43M
Adjusted Diluted Earnings per Share	($0.13)	$0.23	($0.03)	($0.05)	$0.01	($0.24)	$0.00	$0.00	($0.02)	($0.08)
Adjusted Weighted Average Diluted Shares Outstanding	171.50M	171.49M	169.10M	168.69M	168.29M	168.22M	170.66M	168.14M	167.47M	167.43M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	170.30M	170M	169.60M	168.70M	168.70M	168.60M	168.20M	168.20M	168.10M	167.44M
Normalized Net Operating Profit after Tax (NOPAT)	-7.54	-10	5.48	9.11	-2.90	-0.74	4.72	13	4.14	0.12
Normalized NOPAT Margin	-1.87%	-2.75%	1.25%	2.06%	-0.64%	-0.18%	1.16%	3.14%	1.02%	0.03%
Pre Tax Income Margin	-6.07%	14.54%	-1.95%	-0.54%	-4.34%	-3.90%	-1.83%	0.47%	-1.49%	-3.06%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.57	4.39	0.41	0.83	-0.45	-0.24	0.38	1.16	0.41	-0.30
NOPAT to Interest Expense	-0.52	-0.67	0.33	0.61	-0.28	-0.12	0.33	1.05	0.35	-0.08
EBIT Less CapEx to Interest Expense	-2.75	2.79	-1.78	-1.29	-2.89	-2.92	-1.92	-1.05	-3.13	-2.96
NOPAT Less CapEx to Interest Expense	-2.69	-2.27	-1.86	-1.51	-2.71	-2.79	-1.97	-1.17	-3.19	-2.73
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	1,711.01%	220.14%	-60.10%	-86.65%	-106.68%	-92.61%	-333.08%	-257.24%	-400.58%	-1,170.43%
Augmented Payout Ratio	1,854.89%	236.79%	-72.12%	-92.62%	-111.81%	-132.25%	-461.59%	-367.71%	-588.35%	-1,256.74%

Frequently Asked Questions About Krispy Kreme's Financials

When does Krispy Kreme's fiscal year end?

According to the most recent income statement we have on file, Krispy Kreme's financial year ends in December. Their financial year 2024 ended on December 29, 2024.

How has Krispy Kreme's net income changed over the last 2 years?

Krispy Kreme's net income appears to be on a downward trend, with a most recent value of $3.82 million in 2024, falling from -$8.78 million in 2022. The previous period was -$36.65 million in 2023. View Krispy Kreme's forecast to see where analysts expect Krispy Kreme to go next.

What is Krispy Kreme's operating income?

Krispy Kreme's total operating income in 2024 was -$8.74 million, based on the following breakdown:

Total Gross Profit: $1.67 billion
Total Operating Expenses: $1.67 billion

How has Krispy Kreme revenue changed over the last 2 years?

Over the last 2 years, Krispy Kreme's total revenue changed from $1.53 billion in 2022 to $1.67 billion in 2024, a change of 8.9%.

How much debt does Krispy Kreme have?

Krispy Kreme's total liabilities were at $1.91 billion at the end of 2024, a 3.5% decrease from 2023, and a 3.1% increase since 2022.

How much cash does Krispy Kreme have?

In the past 2 years, Krispy Kreme's cash and equivalents has ranged from $28.96 million in 2024 to $38.19 million in 2023, and is currently $28.96 million as of their latest financial filing in 2024.

How has Krispy Kreme's book value per share changed over the last 2 years?

Over the last 2 years, Krispy Kreme's book value per share changed from 7.15 in 2022 to 6.67 in 2024, a change of -6.6%.

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This page (NASDAQ:DNUT) was last updated on 5/31/2025 by MarketBeat.com Staff

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