/
References to Brinker, the Company, we, us, and our in this Form 10-K refer to Brinker International, Inc. and its subsidiaries and any predecessor companies of Brinker International, Inc. We own, develop, operate and franchise the Chili s Grill & Bar ( Chili s ) and Maggiano s Little Italy ( Maggiano s ) restaurant brands.
Operating margin is thin at 9.51%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue up 21.9% YoY with margins expanding 4.3pp.
Net debt of $1.77B represents 4.3x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (FY)
$5.38B
▲ +21.9% YoY
Net Income (TTM)
$463M
▲ +146.7% YoY
Op. Margin
9.51%
▲ +4.3pp YoY
ROIC
20.21%
▲ +9.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$504M
▲ +85.5% YoY
Op. Cash Flow (TTM)
$758M
▲ +60.9% YoY
Net Debt
$1.79B
Cash & Equiv.
$57M
5Y CAGR: +11.8%
5Y CAGR: +24.1%
Continue Research