BRINKER INTERNATIONAL, INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data BRINKER INTERNATIONAL, INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	3,151	3,135	3,218	3,079	3,338	3,804	4,133	4,415	5,384	5,807
Cost of revenue	791	796	823	799	868	1,049	1,146	1,108	1,351	1,488
Gross profit	2,360	2,339	2,395	2,280	2,470	2,756	2,987	3,308	4,034	4,320
General and administrative	133	136	149	136	135	144	155	184	222	236
Operating expenses	2,583	2,587
Operating income	256	226	231	62.6	199	160	144	230	512	620
Interest expense	49.6	59	61.6	59.6	56.2	46.1	54.9	65	53.1	40.5
Other non-operating income	1.9	3.1	2.7	1.9	2.1	1.8	1.3	0.3	1.1	1.5
Pre-tax income	209	170	172	4.9	145	115	90.8	165	460	581
Income tax	57.7	44.3	16.9	-19.5	13.6	-2.4	-11.8	9.6	76.9	93.9
Net income	151	126	155	24.4	132	118	103	155	383	487
EBITDA	413	378	378	225	350	321	310	398	716	837
EPS, basic	2.98	2.75	4.04	0.64	2.89	2.62	2.33	3.49	8.60	11.16
EPS, diluted	2.94	2.72	3.96	0.63	2.83	2.58	2.28	3.40	8.32	10.87
Shares, basic (weighted)	50.6	45.7	38.3	38.2	45.5	44.8	44.1	44.4	44.6	43.6
Shares, diluted (weighted)	51.2	46.3	39.1	38.9	46.6	45.6	45	45.7	46.1	44.8
Dividend per share	1.36	1.52	1.52	1.14

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	9	10.9	13.4	43.9	23.9	13.5	15.1	64.6	18.9	110
Receivables	44.7	53.7	55	52.3	65.2	66.4	60.9	60.6	73.4	81.4
Inventory	25	24.2	23.2	27.3	28.9	35.6	34.5	34.5	35.2	34.5
Other current assets									24.6	23.8
Total current assets	144	156	177	224	207	201	183	234	207	308
Property, plant and equipment	1,001	939	755	805	775	817	808	880	953	967
Lease right-of-use assets			0	1,055	1,007	1,161	1,135	1,095	1,149	1,206
Goodwill	164	164	166	188	188	195	195	195	195	195
Intangible assets	27.5	24	22.3	23	21.1	27.4	23.9	19.9	17.4	15.3
Other non-current assets	30.2	30.7	26.4	22.9	25.3	21	48.2	55.5	56.3	55.1
Total assets	1,404	1,347	1,258	2,356	2,275	2,484	2,487	2,593	2,679	2,815
Accounts payable	104	105	97.5	105	128	134	126	161	169	169
Accrued liabilities	70.3	74.5	82.1	65.2	122	111	106	131	156	146
Deferred revenue		0	1.4	1.1	106	83.9	73	64.8	57.2	52.8
Short-term debt	9.65	7.1	9.7	12.2	21.5	20.3	10.2	14.1	17.6	25.1
Total current liabilities	436	434	422	498	572	558	536	622	676	677
Long-term debt	1,320	1,500	1,207	1,209	918	989	912	786	426	420
Lease liabilities			0	1,062	1,007	1,151	1,126	1,085	1,135	1,194
Other non-current liabilities	6.21	6	153	67.1	82	54.3	57.4	60.6	70.8	80.6
Total liabilities	1,897	2,066	2,037	2,835	2,578	2,753	2,631	2,554	2,308	2,371
Total debt	1,292	1,513	1,222	1,225	943	1,012	929	805	448	448
Paid-in capital	502	512	522	669	685	691	690	708	715	683
Retained earnings	2,627	2,683	2,771	-398	-266	-148	-352	-197	187	674
Treasury stock	-3,629	-3,925	-4,083	-752	-725	-812	-482	-472	-530	-912
Other comprehensive income	-11.9	-5.8	-5.6	-6.2	-4.7	-5.3	-6	-6.3	-6.4	-6.7
Shareholders' equity	-494	-718	-778	-479	-303	-268	-144	39.4	371	444
Total equity	-494	-718	-778	-479	-303	-268	-144	39.4	371	444
Total liabilities and equity	1,404	1,347	1,258	2,356	2,275	2,484	2,487	2,593	2,679	2,815
Shares outstanding	48.4	40.8	37.5	45	45.9	43.8	44.6	45	44.5	42.2

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	151	126	155	24.4	132	118	103	155	383	487
Depreciation and amortization	156	151	148	162	150	161	165	168	204	217
Stock-based compensation	14.5	14.2	16.4	14.8	16.4	18.6	14.4	25.9	31.4	32.2
Deferred income tax	-22.6	3.4	-75.8	8.6	-12.4	-11.6	-31	-20.6	12.5	32.3
Change in inventory	0	0	1	-2.8	-2.2	-5.5	0	-0.5	-1.3	0.3
Change in payables	3	1.6	-4.1	9.8	21.1	0.2	-5.8	30.8	-7.6	9
Cash from operations	315	285	213	245	370	252	256	422	679	789
Capital expenditures	-103	-101	-168	-105	-94	-150	-185	-199	-265	-232
Acquisitions	0	0	-3.1	-94.6	0	-107	0	0
Cash from investing	-99.4	-77.8	321	-194	-90.9	-234	-174	-192	-263	-231
Debt issued	350	0	0		0	0	350	0	0
Debt repaid	-3.8	-260	-9.5		-20	-23.7	-322	-20.1	-376	-24.1
Stock issued	5.6	0	0	147	0	0	12.5	27.9	8.3	0.7
Share buybacks	-371	-303	-168	-32.4	-4.2	-101	-5	-25.8	-90.2	-444
Dividends paid	-70.8	-70	-60.3	-57.4	-1.5	-1.1	-0.6	-0.2	0	0
Cash from financing	-238	-205	-532	-20.5	-299	-28.4	-80.5	-180	-461	-467
Net change in cash	-22.4	1.9	2.5	30.5	-20	-10.4	1.6	49.5	-45.7	91.1
Free cash flow	213	183	45.1	141	276	102	71.4	223	414	558
Interest paid	39.8	53.1	55.5	53.1	49.5	41	51	50.3	55.1	38.7
Income taxes paid	89	56	106	-7.2	9.7	-4.7	12.4	26.1	64.3	66

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $207.20 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	74.4%	Gross profit / revenue.
Operating margin	10.7%	Operating income / revenue.
EBITDA margin	14.4%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	10.0%	Pre-tax income / revenue.
Net margin	8.4%	Net income / revenue.
FCF margin	9.6%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	13.6%	Cash from operations / revenue.
Effective tax rate	16.2%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	119.6%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	17.7%	Net income / average total assets.
Return on invested capital (ROIC)	65.7%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue	0.6%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	4.0%	Capital expenditures / revenue.
D&A / revenue	3.7%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	7.9%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	12.0%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	11.7%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	7.1%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	13.1%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	11.8%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	21.1%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	62.5%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	25.5%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	16.8%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	39.3%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	19.1%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	27.1%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	68.1%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	29.9%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	30.6%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	68.3%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	30.9%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	16.3%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	45.5%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	16.4%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	34.8%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	98.4%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	15.1%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	19.6%	Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y	5.1%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	4.2%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	4.4%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-2.8%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.1%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-0.8%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	0.45x	Current assets / current liabilities.
Quick ratio	0.28x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.16x	(Cash + short-term investments) / current liabilities.
Debt / equity	1.01x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	15.9%	Total debt / total assets.
Liabilities / assets	84.2%	Total liabilities / total assets.
Net debt	$338.0M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	0.40x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	15.3x	Operating income / interest expense.
Working capital	-$369.0M	Current assets - current liabilities.
Goodwill and intangibles / assets	7.5%	(Goodwill + intangible assets) / total assets.
Tangible book value	$233.9M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	2.11x	Revenue / average total assets.
Fixed asset turnover	6.05x	Revenue / average property, plant and equipment.
Inventory turnover	42.7x	Cost of revenue / average inventory.
Days inventory	9 days	365 x average inventory / cost of revenue.
Receivables turnover	75.0x	Revenue / average receivables.
Days sales outstanding	5 days	365 x average receivables / revenue.
Days payables	41 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	-28 days	Days inventory + days sales outstanding - days payables.
FCF conversion	114.5%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	29.4%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$10.87	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	$11.16	Net income per basic share, as reported (split-adjusted).
Revenue per share	$129.63	Revenue / diluted weighted shares.
FCF per share	$12.44	Free cash flow / diluted weighted shares.
Operating cash flow per share	$17.62	Cash from operations / diluted weighted shares.
Book value per share	$10.51	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$5.54	Tangible book value / shares outstanding.
Cash per share	$2.61	(Cash + short-term investments) / shares outstanding.
Payout ratio	0.0%	Dividends paid / net income, when net income is positive.
Dividends / FCF	0.0%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	79.6%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$8.89B	Share price x shares outstanding.
Enterprise value	$9.22B	Market cap + total debt - cash - short-term investments.
P/E	18.2x	Market cap / net income. Only when net income is positive.
P/S	1.53x	Market cap / revenue.
P/B	20.0x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	38.0x	Market cap / tangible book value, when positive.
P/FCF	15.9x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	11.3x	Market cap / cash from operations, when positive.
EV/Sales	1.59x	Enterprise value / revenue.
EV/EBIT	14.9x	Enterprise value / operating income, when both are positive.
EV/EBITDA	11.0x	Enterprise value / EBITDA, when both are positive.
EV/FCF	16.5x	Enterprise value / free cash flow, when both are positive.
FCF yield	6.3%	Free cash flow / market cap.
Earnings yield	5.5%	Net income / market cap (the inverse of P/E).
Dividend yield	0.0%	Dividends paid over the period / market cap.
Shareholder yield	5.0%	(Dividends paid + share buybacks) / market cap.
PEG	0.27x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was BRINKER INTERNATIONAL, INC's revenue in fiscal 2026?

BRINKER INTERNATIONAL, INC reported revenue of $5.81B for fiscal 2026, 7.9% higher than the year before.

Was BRINKER INTERNATIONAL, INC profitable in fiscal 2026?

Yes. Net income was $487.0M, a net margin of 8.4%.

How much free cash flow did BRINKER INTERNATIONAL, INC generate in fiscal 2026?

Cash from operations of $789.4M minus capital expenditures of $231.9M left free cash flow of $557.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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