Brinker International, Inc.EAT
NYSE•Consumer Cyclical•Restaurants
Brinker International, Inc., together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands. The company was founded in 1975 and is headquartered in Dallas, Texas.
Brinker International, Inc. (EAT) reported trailing twelve months revenue of $5.73B as of March 2026, a 11.8% increase year-over-year. Quarterly revenue reached $1.47B, reflecting continued top-line momentum.
Brinker International, Inc. generated $462.90M in TTM net income, with quarterly EBITDA of $221.60M. The operating margin expanded from 11.0% to 11.3%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (11.3%) and net margin (8.7%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 8.4% a year ago, signaling stronger bottom-line efficiency.
EAT trades at a P/E of 14.8x (below the broader market average) and a P/S of 1.2x. The price-to-book ratio of 16.9x indicates a significant premium over book value.
The company generated $180.90M in free cash flow over the trailing twelve months, a 36.6% increase year-over-year, indicating cash generation ability. The balance sheet shows $2.77B in total assets with $424.40M in long-term debt against $406.00M in stockholders equity for a debt-to-equity ratio of 1.0. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~9.4% on average, but show some variability — pricing power may be sensitive to market conditions.
Consistently high ROE averaging 332.3% suggests a durable competitive advantage and efficient capital allocation.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (7 of 7 quarters up), with ~29.9% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~10.4% — no sign of cost or pricing stress.
FCF covers net income by 1.0x on average — earnings are well-supported by cash generation.
D/E ratio is 1.0 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 2.9% — net buybacks are reducing shares outstanding and boosting per-share value.