Brinker International Inc. (EAT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$3.09	$3.07	-0.6%	—	—	—
Q4 26	$2.86	$2.9	+1.4%	—	—	—
Q3 26	$2.63	$2.87	+9.1%	—	—	—
Q2 26	$1.77	$1.93	+9.0%	—	—	—
Q1 26	$2.47	$2.49	+0.8%	—	—	—
Q4 25	$2.57	$2.66	+3.5%	—	—	—
Q3 25	$1.86	$2.8	+50.5%	—	—	—
Q2 25	$0.69	$0.95	+37.7%	—	—	—
Q1 25	$1.72	$1.61	-6.4%	—	—	—
Q4 24	$1.15	$1.24	+7.8%	—	—	—
Q3 24	$0.95	$0.99	+4.2%	—	—	—
Q2 24	$0.05	$0.28	+460.0%	—	—	—
Q1 24	$1.32	$1.39	+5.3%	—	—	—
Q4 23	$1.2	$1.23	+2.5%	—	—	—
Q3 23	$0.52	$0.76	+46.2%	—	—	—
Q2 23	-$0.61	-$0.57	+6.6%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$11.2	—	—	$5.8B	—
FY25	—	$8.6	—	—	$5.4B	—
FY24	—	$3.49	—	—	$4.4B	—
FY23	—	$2.33	—	—	$4.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$3.2B	$3.1B	$3.2B	$3.1B	$3.3B	$3.8B	$4.1B	$4.4B	$5.4B	$5.8B
YoY change	-3.28%	-0.49%	+2.63%	-4.33%	+8.42%	+14%	+8.65%	+6.82%	+21.9%	+7.86%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	3.2B	3.1B	3.2B	3.1B	3.3B	3.8B	4.1B	4.4B	5.4B	5.8B
Cost of revenue	2.6B	2.6B	2.7B	2.7B	2.8B	3.3B	3.6B	3.8B	4.4B	4.7B
Gross profit	568.1M	548M	522.9M	408.6M	503.3M	499.2M	500.1M	627.3M	982.4M	1.1B
Gross margin	18%	17.5%	16.2%	13.3%	15.1%	13.1%	12.1%	14.2%	18.2%	18.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	132.8M	136M	149.1M	136.3M	134.8M	144.1M	154.5M	183.7M	222M	235.7M
Operating expenses	137.6M	140.3M	122.5M	143.2M	140.8M	149.7M	158.2M	183.7M	222M	235.7M
Operating income	272.1M	260.6M	226.2M	103.1M	212.3M	190.7M	177.1M	272.8M	553.8M	628.5M
Operating margin	8.64%	8.31%	7.03%	3.35%	6.36%	5.01%	4.28%	6.18%	10.3%	10.8%
Non-operating income, net	-14M	-31.4M	7.2M	-38.6M	-10.9M	-29.4M	-31.4M	-42.9M	-40.7M	-7.1M
Pretax income	208.5M	170.2M	171.8M	4.9M	145.2M	115.2M	90.8M	164.9M	460M	580.9M
Income tax	57.7M	44.3M	16.9M	-19.5M	13.6M	-2.4M	-11.8M	9.6M	76.9M	93.9M
Net income	150.8M	125.9M	154.9M	24.4M	131.6M	117.6M	102.6M	155.3M	383.1M	487M
Net margin	4.79%	4.02%	4.81%	0.79%	3.94%	3.09%	2.48%	3.52%	7.12%	8.39%
EBITDA	432.4M	406M	381M	264.1M	360.1M	346.2M	338.2M	428M	743.9M	847.7M
EPS	2.98	2.75	4.04	0.64	2.89	2.62	2.33	3.49	8.6	11.2
Diluted EPS	2.94	2.72	3.96	0.63	2.83	2.58	2.28	3.4	8.32	10.9

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	1B	1.1B	1.1B	1.2B	1.1B	1.4B	1.4B	1.5B	1.3B	1.5B	1.5B	1.5B
Cost of revenue	897.7M	923.9M	951.8M	1B	975.6M	1.1B	1.1B	1.2B	1.1B	1.2B	1.2B	1.2B
Gross profit	114.8M	150.2M	168.5M	193.8M	163.4M	268.9M	278.9M	271.2M	229.6M	283.2M	282.1M	288M
Gross margin	11.3%	14%	15%	16%	14.3%	19.8%	19.6%	18.6%	17%	19.5%	19.2%	18.8%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	42.4M	43.2M	46.1M	52M	51.8M	53.1M	58.3M	58.8M	57.2M	59.7M	58.4M	60.4M
Operating expenses	42.4M	43.8M	46.1M	52M	51.8M	53.1M	58.3M	58.8M	57.2M	59.7M	58.4M	60.4M
Operating income	30.5M	65.1M	79.8M	96.8M	65.3M	168.1M	165.9M	154.5M	118.8M	168.9M	168.7M	172.1M
Operating margin	3.01%	6.06%	7.12%	8.01%	5.73%	12.4%	11.6%	10.6%	8.81%	11.6%	11.5%	11.2%
Non-operating income, net	-6.3M	-2.6M	-9.7M	-23.7M	-9.1M	-11.7M	-8.9M	-11.4M	-1.1M	-100K	-1.9M	-4.4M
Pretax income	7.2M	45.8M	53.9M	58M	42.3M	141.7M	143.8M	132.2M	107.6M	158.1M	156.7M	158.5M
Income tax	0	3.7M	5.2M	700K	3.8M	23.2M	24.7M	25.2M	8.1M	29.6M	28.8M	27.4M
Net income	7.2M	42.1M	48.7M	57.3M	38.5M	118.5M	119.1M	107M	99.5M	128.5M	127.9M	131.1M
Net margin	0.71%	3.92%	4.35%	4.74%	3.38%	8.72%	8.36%	7.32%	7.37%	8.85%	8.7%	8.54%
EBITDA	68.9M	104.4M	119.2M	134.5M	106.1M	211M	216.8M	210M	172.2M	223.4M	223M	229.1M
EPS	0.16	0.95	1.1	1.28	0.86	2.67	2.68	2.41	2.23	2.92	2.96	3.08
Diluted EPS	0.16	0.94	1.08	1.24	0.84	2.61	2.56	2.3	2.17	2.86	2.87	2.99

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	—	2.2B	—	916.8M	—	986.9M	1.6B	3.2B	8B	7.3B	8.5B
Enterprise value	—	3.7B	—	3.3B	—	3.2B	3.8B	5.1B	9.7B	9B	10.3B
Shares outstanding	50.6M	45.7M	38.3M	38.2M	45.5M	44.8M	44.1M	44.4M	44.6M	43.6M	43.6M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	—	17.3	—	37.6	—	8.39	15.7	20.7	21	15	18.5
P/S	—	0.69	—	0.3	—	0.26	0.39	0.73	1.49	1.26	1.44
P/B	—	-3.03	—	-1.91	—	-3.68	-11.2	81.6	21.7	16.5	19.1
EV/EBITDA	—	9.04	—	12.4	—	9.38	11.1	12	13.1	10.6	12.2
EV/Sales	—	1.17	—	1.06	—	0.85	0.91	1.17	1.8	1.54	1.77
Earnings yield	—	5.79%	—	2.66%	—	11.9%	6.36%	4.83%	4.76%	6.65%	5.42%
FCF yield	—	8.42%	—	15.3%	—	10.3%	4.42%	6.94%	5.14%	7.61%	4.35%
PEG	—	—	—	—	—	—	—	—	—	—	0.66

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	18%	17.5%	16.2%	13.3%	15.1%	13.1%	12.1%	14.2%	18.2%	18.6%	18.8%
Operating margin	8.64%	8.31%	7.03%	3.35%	6.36%	5.01%	4.28%	6.18%	10.3%	10.8%	11.3%
Net margin	4.79%	4.02%	4.81%	0.79%	3.94%	3.09%	2.48%	3.52%	7.12%	8.39%	8.39%
ROE	-30.5%	-17.5%	-19.9%	-5.09%	-43.4%	-43.9%	-71.1%	394.2%	103.3%	109.8%	119.6%
ROA	10.7%	9.34%	12.3%	1.04%	5.78%	4.73%	4.13%	5.99%	14.3%	17.3%	14.3%
ROIC	23.8%	24.8%	47.7%	5.49%	11.2%	9.58%	8.85%	13%	22.5%	25.2%	25.2%
Return on tangible assets	14.8%	13%	17.5%	1.26%	7.09%	5.77%	5.01%	7.18%	17%	20.3%	20.3%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	0.33	0.36	0.42	0.45	0.36	0.36	0.34	0.38	0.31	0.45	0.46
Quick ratio	0.17	0.2	0.25	0.29	0.22	0.2	0.17	0.23	0.17	0.32	0.32
Debt / equity	-2.69	-2.1	-1.57	-5.01	-6.74	-8.48	-15	50.7	4.57	3.96	3.96
Debt / assets	0.95	1.12	0.97	1.02	0.9	0.91	0.87	0.77	0.63	0.62	0.62
Net debt / EBITDA	3.05	3.68	3.16	8.92	5.61	6.53	6.34	4.52	2.25	1.94	1.94
Interest coverage	5.2	3.88	3.79	1.08	3.58	3.5	2.65	3.54	9.66	15.3	15.3
Effective tax rate	27.7%	26%	9.84%	0%	9.37%	0%	0%	5.82%	16.7%	16.2%	16.2%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	62.2	68.6	84	80.6	73.4	84.9	93.7	99.4	120.7	133.2	133.2
EPS (basic)	2.98	2.75	4.04	0.64	2.89	2.62	2.33	3.49	8.6	11.2	11.2
EPS (diluted)	2.94	2.72	3.96	0.63	2.83	2.58	2.28	3.4	8.32	10.9	10.9
Book value per share	-9.75	-15.7	-20.3	-12.5	-6.67	-5.98	-3.27	0.89	8.32	10.2	10.5
FCF per share	4.2	4.01	1.18	3.68	6.06	2.27	1.62	5.02	9.28	12.8	12.7
Cash per share	0.18	0.24	0.35	1.15	0.53	0.3	0.34	1.45	0.42	2.52	2.63
Capex per share	2.03	2.22	8.31	2.74	2.07	2.9	4.19	4.48	—	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	3.26%	3.23%	9.89%	3.39%	2.82%	3.41%	4.47%	4.5%	—	—	—
Capex / operating cash flow	33.3%	34.9%	127.5%	41.7%	30.9%	47.3%	68.6%	51.8%	—	—	—
Payout ratio	46.9%	55.6%	38.9%	235.2%	1.14%	0.94%	0.58%	0.13%	0%	0%	0%
Dividend yield	—	3.22%	—	6.26%	—	0.11%	0.04%	0.01%	0%	0%	0.75%

Yield

0.75%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.38

ex-dividend Mar 5, 2020

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 5, 2020	$0.38
Dec 5, 2019	$0.38
Sep 5, 2019	$0.38
Jun 6, 2019

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$1B	$1.1B	$1.1B	$1.2B	$1.1B	$1.4B	$1.4B	$1.5B	$1.3B	$1.5B	$1.5B	$1.5B
YoY change	+5.97%	+5.41%	+3.43%	+12.3%	+12.5%	+26.5%	+27.2%	+21%	+18.5%	+6.92%	+3.16%	+5.06%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	9.1M	10.9M	13.4M	43.9M	23.9M	13.5M	15.1M	64.6M	18.9M	110M
Receivables	44.7M	53.7M	55M	52.3M	65.2M	66.4M	60.9M	60.6M	73.4M	81.4M
Inventory	71.4M	70.9M	70.3M	78.9M	81.5M	91.1M	90.1M	88.3M	90.1M	91.3M
Total current assets	144.3M	156.3M	177M	224.4M	207.2M	201.2M	183.3M	234.1M	207M	307.7M
Property, plant & equipment	-654.6M	-734.4M	-699.5M	325.5M	187M	373.3M	307.5M	304.7M	346.6M	357.9M
Goodwill & intangibles	382.9M	375.6M	375.6M	421.2M	418.6M	445M	437.8M	429.4M	424.2M	419.6M
Total assets	1.4B	1.3B	1.3B	2.4B	2.3B	2.5B	2.5B	2.6B	2.7B	2.8B
Accounts payable	104.2M	104.7M	97.5M	104.9M	127.7M	134.3M	125.7M	160.6M	168.5M	168.9M
Short-term debt	9.6M	7.1M	9.7M	129.5M	119.2M	133M	122.6M	128.2M	132.2M	142M
Total current liabilities	436.4M	434.3M	421.6M	497.9M	571.6M	558M	535.9M	622.3M	675.6M	676.7M
Long-term debt	1.3B	1.5B	1.2B	2.3B	1.9B	2.1B	2B	1.9B	1.6B	1.6B
Total liabilities	1.9B	2.1B	2B	2.8B	2.6B	2.8B	2.6B	2.6B	2.3B	2.4B
Shareholders' equity	-493.7M	-718.3M	-778.2M	-479.1M	-303.3M	-268.1M	-144.3M	39.4M	370.9M	443.7M
Total debt	1.3B	1.5B	1.2B	2.4B	2B	2.3B	2.2B	2B	1.7B	1.8B
Net debt	1.3B	1.5B	1.2B	2.4B	2B	2.3B	2.1B	1.9B	1.7B	1.6B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	14.4M	22.7M	15.5M	64.6M	16.2M	14.8M	17.5M	18.9M	33.6M	15M	57.1M	110M
Receivables	49.2M	79.4M	47.6M	60.6M	54.1M	82.7M	57.5M	73.4M	61.6M	105.8M	98.2M	81.4M
Inventory	87.6M	89.4M	87.2M	88.3M	85.4M	90.2M	90.3M	90.1M	88.9M	92.9M	91.7M	91.3M
Total current assets	177.1M	211.3M	170.9M	234.1M	183.6M	210.7M	189.1M	207M	214.5M	240.9M	270.5M	307.7M
Property, plant & equipment	282M	252.8M	267.9M	304.7M	272.7M	267.2M	291.8M	346.6M	360.2M	367.9M	358M	357.9M
Goodwill & intangibles	435.6M	434.2M	431.8M	429.4M	428.4M	426.4M	425.2M	424.2M	423M	422.2M	421.2M	419.6M
Total assets	2.5B	2.5B	2.5B	2.6B	2.5B	2.6B	2.6B	2.7B	2.7B	2.7B	2.8B	2.8B
Accounts payable	141.7M	148.9M	150.5M	160.6M	152.1M	163.5M	185.6M	168.5M	160.3M	163.9M	187.9M	168.9M
Short-term debt	123.1M	122.3M	129.1M	128.2M	129.1M	135.3M	141.9M	132.2M	140.8M	139.2M	140.8M	142M
Total current liabilities	541.6M	590M	579.1M	622.3M	577.5M	644.3M	667.6M	675.6M	616M	669.7M	681.4M	676.7M
Long-term debt	2B	2B	1.9B	1.9B	1.9B	1.7B	1.6B	1.6B	1.7B	1.6B	1.6B	1.6B
Total liabilities	2.6B	2.6B	2.5B	2.6B	2.5B	2.4B	2.3B	2.3B	2.4B	2.4B	2.4B	2.4B
Shareholders' equity	-156.3M	-109.5M	-46.7M	39.4M	12.7M	131.5M	259M	370.9M	343.9M	379.3M	406M	443.7M
Total debt	2.2B	2.1B	2B	2B	2B	1.9B	1.7B	1.7B	1.8B	1.8B	1.7B	1.8B
Net debt	2.1B	2.1B	2B	1.9B	2B	1.8B	1.7B	1.7B	1.8B	1.7B	1.7B	1.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	150.8M	125.9M	154.9M	24.4M	131.6M	117.6M	102.6M	155.3M	383.1M	487M
Depreciation & amortization	156.4M	151.4M	147.6M	162.3M	150.2M	164.4M	168.5M	170.8M	206.6M	218.7M
Stock-based compensation	14.5M	14.2M	16.4M	14.8M	16.4M	18.6M	14.4M	25.9M	31.4M	32.2M
Change in working capital	-8.7M	-29.4M	-98.7M	17.2M	-7.6M	-37.7M	-10.9M	21.4M	-29.9M	1.9M
Operating cash flow	307.7M	290.3M	249.7M	250.4M	304.1M	274.5M	269.5M	384.3M	679M	789.4M
Capital expenditure	-102.6M	-101.3M	318.3M	-104.5M	-94M	-129.8M	-184.9M	-198.9M	—	—
Investing cash flow	-99.4M	-77.8M	321.3M	-194M	-90.9M	-234.2M	-174.2M	-192.2M	1.9M	900K
Dividends paid	-70.8M	-70M	-60.3M	-57.4M	-1.5M	-1.1M	-600K	-200K	0	0
Share repurchases	-370.9M	-303.2M	-167.7M	-32.4M	-4.2M	-100.9M	-5M	-25.8M	-90.2M	-443.9M
Financing cash flow	-376.1M	223.2M	-828.5M	-70.9M	-600.4M	71.6M	-190.5M	-180.2M	-461.3M	-467.3M
Net change in cash	-167.8M	435.7M	-257.5M	-14.5M	-387.2M	111.9M	-95.2M	11.9M	219.6M	323M
Free cash flow	212.5M	183.2M	45.1M	140.5M	275.7M	101.9M	71.4M	223M	413.7M	557.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	7.2M	42.1M	48.7M	57.3M	38.5M	118.5M	119.1M	107M	99.5M	128.5M	127.9M	131.1M
Depreciation & amortization	41.9M	41.3M	42.6M	45M	46.3M	47.7M	54.7M	57.9M	53.6M	54.6M	55M	55.5M
Stock-based compensation	5.7M	4.4M	6.4M	9.4M	7.1M	7.2M	8.8M	8.3M	7.9M	8.1M	8M	8.2M
Change in working capital	15.8M	-6.3M	23.9M	-12M	600K	-1.5M	2.1M	-31.1M	11.7M	-500K	7.5M	-16.8M
Operating cash flow	73.5M	75.8M	123.7M	111.3M	99M	182.9M	193.3M	186M	120.8M	218.9M	232.1M	217.6M
Capital expenditure	-46.9M	-42.6M	-51.4M	-58M	-56.5M	-49.3M	-79.6M	—	—	—	—	—
Investing cash flow	-45.6M	-41.2M	-51.2M	-54.2M	-56.5M	-49.3M	-79.6M	—	700K	0	100K	100K
Dividends paid	0	0	-200K	0	—	—	—	0	—	—	—	—
Share repurchases	-24.7M	-400K	-500K	-200K	-74.8M	-10.4M	-1.1M	-3.9M	-134.5M	-100.5M	-108.4M	-100.5M
Financing cash flow	-200K	-41.7M	-86.1M	-38.2M	-54.7M	-170.3M	-129.7M	-106.6M	-48.2M	-173.8M	-138.9M	-106.4M
Net change in cash	27.7M	-7.1M	-13.6M	18.9M	-12.2M	-36.7M	-16M	79.4M	73.3M	45.1M	93.3M	111.3M
Free cash flow	12.2M	48.6M	78.7M	83.5M	6.3M	168.9M	132.4M	106.1M	62.2M	155.2M	180.9M	159.2M

Date	Ratio
Dec 1, 2006	3:2
Jan 17, 2001	3:2
Mar 31, 1994	3:2
May 14, 1993	3:2
Nov 27, 1991	3:2
Mar 15, 1991	3:2
Jun 19, 1989	3:2

Brinker International Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history