Statement
Assets, liabilities and equity aligned across the annual filing history, in USD millions.
Assets
+2.2% YoYReported for FY 2026
Liabilities
+3.7% YoYReported for FY 2026
Equity
-4.5% YoYReported for FY 2026
Equity mix
-1.2 ppEquity share of the capital base
Table view
Balance sheet, reported dollar amounts — FY 2026
Every figure is the balance as filed. Each filing badge opens the SEC index page for that fiscal year.
Structure
Assets plotted against the liabilities and equity stack, so you can see how the balance sheet is financed.
Liabilities and equity stack to the capital base; assets are the dashed reference line.
Composition
The same split read as a share of total capital rather than in absolute dollars.
Percentages are measured against total capital for each fiscal year.
Trend
How assets, liabilities and equity have moved across the annual balance sheet window.
Switching between bar and line keeps the selected year order.
Commentary
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Earlier AI snapshot · Generated Aug 1, 2026. The filing-backed figures above are the current source of truth.
Darden Restaurants’ balance sheet shows steady expansion over the five-year period, with total assets rising from $10.1 billion in 2022 to $12.9 billion in 2026, a gain of roughly 27%. The growth was especially strong from 2023 through 2026, suggesting continued investment in restaurant operations, capital expenditures, and working capital as the company scaled. Total liabilities also increased materially, from $7.9 billion to $10.7 billion, which indicates that much of the asset growth was financed through obligations rather than equity alone. Stockholders’ equity was comparatively stable, moving within a narrow range of about $2.2 billion to $2.3 billion. Equity ticked up modestly through 2025 before easing to $2.2 billion in 2026, likely reflecting a combination of earnings retention, share repurchases, dividends, or other capital management actions. Overall, the company’s leverage appears to have increased somewhat as liabilities grew faster than equity, but the balance sheet remains typical for a mature restaurant operator, where lease-related obligations and steady cash generation often support moderate leverage.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.