Krispy Kreme (DNUT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Krispy Kreme

NasdaqGS•Consumer Defensive•Grocery Stores

$3.11-0.01(<0.01%)After hours

Market Cap

$526.36M

P/S

0.4x

P/B

0.8x

Krispy Kreme, Inc., together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and internationally. It operates in three segments: U.S., International, and Market Development. The company offers doughnut experiences through hot light theater and fresh shops, delivers fresh daily branded cabinets and merchandising units within grocery and convenience stores, quick service restaurants, club memberships, drug stores, and digital channels, including delivery apps. It also operates Krispy Kreme company-owned shops and franchise shops. The company was formerly known as Krispy Kreme Doughnuts, Inc. and changed its name to Krispy Kreme, Inc. in May 2021. Krispy Kreme, Inc. was founded in 1937 and is based in Charlotte, North Carolina.

How this company scores

WeakMetricSide Score: 38/100

Strongest: Balance Sheet & Red Flags (12/25); weakest: Profitability (6/25).

Profitability6/25

Growth10/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality10/25

Strengths

Profit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 537.2x5y range 65.8x – 537.2x

P/S · 0.4x5y range 0.3x – 1.7x

Currently below its 18-quarter median.

P/B · 0.8x5y range 0.6x – 2.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $526.36M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.47B
Q. Revenue: $331.00M
TTM EBITDA: $97.46M
TTM Op. Income: $-29.05M
Q. Op. Income: $-10.98M
TTM Net Income: $-90.32M
Q. Net Income: $-20.31M
EPS: $-0.12
Shares Out.: $172.58M

$1.47B in TTM revenue declined 4.8% YoY, reaching $331.00M last quarter. TTM EBITDA of $97.46M and TTM operating income of $-29.05M show growth is flowing through to the bottom line. However, net income is negative at $90.32M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 7 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 4.8%
Op. Margin: -3.3%
Net Margin: -6.1%

Op. margin of -3.3% is up 111.1% YoY — cost efficiency is improving. Net margin at -6.1% Over the past year, operating margin is up 97% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.4x
P/B Ratio: 0.8x

P/S of 0.4x and P/B of 0.8x. P/S is low relative to typical market levels. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.36B
Cash: $21.82M
Long-Term Debt: $794.21M
Book Value: $619.78M
D/E Ratio: 1.3
Debt/EBITDA: 49.5

With $2.36B in assets and $794.21M in long-term debt, D/E is 1.3and book value is $619.78M — moderate leverage. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-10.21M
TTM Free Cash Flow: $37.34M
FCF Margin: 2.5%
FCF / Net Income: -0.4

TTM FCF of $37.34M on $-10.21M in operating cash flow. The FCF / Net Income ratio of -0.4x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.