Driven Brands Holdings Inc (OQ:DRVN)

Sector:  Consumer Non-Cyclicals Industry:  Personal Services
See Regulatory Filings on SEC
Company Contact
Address: 440 S. Church Street, Suite 700
Tel: N/A
IR: See website
Key People
Jonathan Fitzpatrick
President, Chief Executive Officer, Director
Gary W. Ferrera
Chief Financial Officer, Executive Vice President
Tracy Ann Gehlan
President, Car Wash International
Daniel R. Rivera
Chief Operating Officer, Executive Vice President
Scott O' Melia
Executive Vice President, General Counsel, Company Secretary
Mo Khalid
Executive Vice President and President of Maintenance
Michael G. Macaluso
Executive Vice President and Group President, Paint, Collision & Glass
Kyle Marshall
Executive Vice President, President, Platform Services
John R Teddy
Executive Vice President and President, Car Wash North America
Business Overview
Driven Brands Holdings Inc. is an automotive services company providing a range of consumer and commercial automotive needs. The Company's segments include Maintenance, Car Wash, Paint, Collision & Glass, and Platform Services. The Maintenance segment is primarily comprised of the Take 5 Oil Change (Take 5 Oil) and Meineke Car Care Centers (Meineke) brands. It includes oil changes and other regularly scheduled or as-needed automotive services, including vehicle component repair and replacement. The Car Wash segment primarily consists of express-style exterior car wash services that utilize an automated conveyor belt to pull vehicles along a track where they are machine washed and it is primarily offered through the IMO brand. Paint, Collision & Glass segment primarily consists of the CARSTAR, ABRA, Fix Auto, Maaco, Uniban and AGN brands. The Platform segment primarily consists of the 1-800-Radiator & A/C, PH Vitres D'Autos, Spire Supply and Automotive Training Institute (ATI) brands.
Financial Overview
For the 39 weeks ended 30 September 2023, Driven Brands Holdings Inc revenues increased 17% to $1.75B. Net loss totaled $731.8M vs. income of $15.8M. Revenues reflect Maintenance segment increase of 24% to $714.4M, Paint, Collision & Glass segment increase of 33% to $383.4M. Net loss reflects Asset impairment charges and lease termi increase from $2.9M to $117.5M (expense), Selling.
Employees: 11,000 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $4,854M as of Sep 30, 2023
Annual revenue (TTM): $2,290M as of Sep 30, 2023
EBITDA (TTM): $486.26M as of Sep 30, 2023
Net annual income (TTM): -$704.42M as of Sep 30, 2023
Free cash flow (TTM): -$401.06M as of Sep 30, 2023
Net Debt Last Fiscal Year: $2,698M as of Sep 30, 2023
Shares outstanding: 163,959,225 as of Nov 6, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.