Brinker International Inc (EAT)
Fixed asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,384,200 | 4,415,100 | 4,133,200 | 3,804,100 | 3,337,800 |
| Property, plant and equipment | US$ in thousands | — | 1,974,900 | 808,300 | 816,700 | 1,782,200 |
| Fixed asset turnover | — | 2.24 | 5.11 | 4.66 | 1.87 |
June 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,384,200K ÷ $—K
= —
The fixed asset turnover ratio for Brinker International Inc. has exhibited notable fluctuations over the specified period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the ratio was 1.87, indicating that each dollar invested in fixed assets generated approximately $1.87 in sales. This ratio experienced a substantial increase by June 30, 2022, reaching 4.66, suggesting a significant improvement in the utilization efficiency of fixed assets to generate sales. The upward trend continued into June 30, 2023, with the ratio slightly increasing to 5.11, further reflecting enhanced asset utilization and possibly better operational efficiency or capital deployment strategies.
However, a marked decline is observed at June 30, 2024, when the ratio decreased to 2.24. This decrease could imply a deterioration in asset utilization efficiency, potentially due to factors such as asset underutilization, increased asset base without proportional sales growth, or investments in assets not immediately contributing to revenue. The absence of data for June 30, 2025, precludes further assessment of the trend beyond 2024.
Overall, the pattern indicates a period of efficiency improvement followed by a substantial reduction in fixed asset productivity. Such fluctuations may warrant further analysis to identify underlying causes, including changes in operational scale, asset management strategies, or external factors impacting sales relative to fixed asset investments.
Peer comparison
Jun 30, 2025