Brinker International Inc (EAT)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,796,000 | 2,570,200 | 2,379,500 | 2,155,100 | 1,870,900 |
| Revenue | US$ in thousands | 4,415,100 | 4,133,200 | 3,804,100 | 3,337,800 | 3,078,500 |
| Gross profit margin | 63.33% | 62.18% | 62.55% | 64.57% | 60.77% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,796,000K ÷ $4,415,100K
= 63.33%
The gross profit margin of Brinker International Inc has demonstrated fluctuation over the past five years, ranging from 60.77% in June 2020 to 64.57% in June 2021. The gross profit margin for June 2022 was 62.55%, slightly lower than the previous year. However, the margin improved to 62.18% in June 2023 before reaching 63.33% in June 2024.
Overall, Brinker International Inc has maintained relatively healthy gross profit margins above 60% during this period, indicating efficient cost management and pricing strategies. The increase in the gross profit margin from 2020 to 2021 suggests successful revenue generation and cost controls. However, the subsequent slight decline in 2022 was followed by a recovery in 2023 and 2024.
The consistent gross profit margin above 60% reflects Brinker International Inc's ability to effectively control costs related to producing goods or services. Investors and analysts may view this trend positively, as it indicates the company's ability to generate profits from its core operations and manage its cost structure effectively.
Peer comparison
Jun 30, 2024