Bloomin' Brands, Inc. (BLMN) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+10.1%

$11.27

vs $10.24 price

Levered DCF

$24.43

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

0.99

Distress zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	65.08×	-8.13×	9.91×	18.23×	8.78×	-10.36×	15.01×	15.42×
P/B	1.61×	7.68×	6×	6.86×	8.74×	397.98×	11.51×	30.04×
P/S	0.14×	0.26×	0.59×	0.46×	0.46×	0.52×	0.47×	0.4×
EV / EBITDA	11.89×	18.09×	9.67×	9.09×	6.88×	50.07×	9.53×	6.93×
Gross margin	13.3%	15.2%	17.3%	16.8%	17.7%	10.6%	16.2%	16.2%
Operating margin	0.9%	3.5%	6.8%	7.6%	7.5%	-5.5%	4.6%	3.5%
Net margin	0.2%	-3.2%	5.9%	2.5%	5.2%	-5.0%	3.2%	2.6%
Current ratio	0.29×	0.34×	0.34×	0.35×	0.36×	0.34×	0.35×	0.42×
Debt / equity	6.06×	16.79×	4.97×	7.97×	9.11×	590.29×	14.69×	19.97×
Interest coverage	0.82×	2.23×	5.42×	5.74×	5.36×	-2.72×	3.88×	3.23×
Dividend yield	7.1%	7.9%	3.4%	2.7%	0.0%	1.1%	1.8%	2.0%
Payout ratio	464.6%	-64.5%	33.9%	48.8%	0.0%	-11.0%	27.4%	31.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	2.5%	-94.5%	60.5%	37.6%	99.6%	-3829.1%	76.7%	195.4%
Return on invested capital	-1.6%	4.3%	10.1%	8.9%	11.9%	-4.4%	6.4%	8.5%
Return on assets	0.3%	-3.8%	7.2%	3.1%	6.5%	-4.7%	3.6%	4.3%
Free cash flow yield	18.1%	0.7%	10.2%	9.2%	14.8%	3.1%	7.9%	4.8%
Earnings yield	1.5%	-12.3%	10.1%	5.5%	11.4%	-9.6%	6.7%	6.5%
Enterprise value	$2.5B	$3.2B	$4.4B	$3.9B	$3.8B	$4B	$4.4B	$2.7B
Net debt / EBITDA	9.34×	12.29×	4.24×	4.79×	3.44×	29.35×	5.28×	2.65×
Cash conversion cycle (days)	1	1	-2	0	1	2	3	0