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Brinker International (Brinker International) EBIT

: $211 Mil (TTM As of Dec. 2023)
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Brinker International's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $63 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $211 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Brinker International's annualized ROC % for the quarter that ended in Dec. 2023 was 9.53%. Brinker International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Brinker International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.18%.


Brinker International EBIT Historical Data

The historical data trend for Brinker International's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brinker International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 233.40 64.50 201.40 161.30 145.70

Brinker International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.00 64.80 59.30 24.20 62.50

Competitive Comparison

For the Restaurants subindustry, Brinker International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brinker International EV-to-EBIT Distribution

For the Restaurants industry and Consumer Cyclical sector, Brinker International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Brinker International's EV-to-EBIT falls into.



Brinker International EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $211 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brinker International  (NYSE:EAT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Brinker International's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=259.2 * ( 1 - 8.08% )/( (2485.7 + 2512.1)/ 2 )
=238.25664/2498.9
=9.53 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Brinker International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=250/( ( (1931.8 + max(-257.5, 0)) + (1918.7 + max(-279.2, 0)) )/ 2 )
=250/( ( 1931.8 + 1918.7 )/ 2 )
=250/1925.25
=12.99 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.2 + 87.6 + 24.2) - (353.6 + 64.9 + 0)
=-257.5

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(79.4 + 89.4 + 19.7) - (377.3 + 90.4 + 0)
=-279.2

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Brinker International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=210.8/4073.089
=5.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brinker International EBIT Related Terms

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Brinker International (Brinker International) Business Description

Traded in Other Exchanges
Address
3000 Olympus Boulevard, Dallas, TX, USA, 75019
Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment.
Executives
Joseph G Taylor officer: VP, Corp. Affairs & Inv. Rel. 6820 LBJ FREEWAY, DALLAS TX 75240
Douglas N. Comings officer: SVP & COO, Chili's Grill & Bar 3000 OLYMPUS DR., DALLAS TX 75019
James M Butler officer: SVP Chief Supply Chain Officer 3000 OLYMPUS BLVD., DALLAS TX 75019
Wade Allen officer: SVP & Chief Digital Officer 6820 LBJ FREEWAY, DALLAS X1 75240
Steve Provost officer: Pres., Maggiano's Little Italy 4024 COLGATE, UNIVERSITY PARK TX 75225
Rick Badgley officer: SVP & Chief People Officer 6820 LBJ FREEWAY, DALLAS TX 75240
George S Felix officer: SVP, Chief Marketing Officer 3000 OLYMPUS BLVD., DALLAS TX 75019
Kevin Hochman director, officer: Pres. & CEO & Pres. of Chili's 3000 OLYMPUS BLVD., DALLAS TX 75019
Prashant Ranade director 507 PLYMOUTH AVENUE, NE, GRAND RAPIDS MI 49505
Wyman Roberts officer: SVP, Maggiano's President 3853 WATERCREST DRIVE, LONGWOOD FL 32779
Ramona Hood director 3000 OLYMPUS BLVD., DALLAS TX 75019
Daniel S Fuller officer: SVP, General Counsel & Sec. 120 HOLLYWOOD DR., COPPELL TX 75019
Harriet Edelman director
Charles A Lousignont officer: SVP Supply Chain Mgmt 6820 LBJ FREEWAY, DALLAS TX 75240
Joseph Michael Depinto director C/O OFFICEMAX INCORPORATED, NAPERVILLE IL 60563