Brinker International Inc (EAT)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 229,600 | 144,400 | 159,500 | 199,300 | 62,600 |
| Revenue | US$ in thousands | 4,415,100 | 4,133,200 | 3,804,100 | 3,337,800 | 3,078,500 |
| Operating profit margin | 5.20% | 3.49% | 4.19% | 5.97% | 2.03% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $229,600K ÷ $4,415,100K
= 5.20%
Brinker International Inc's operating profit margin has exhibited fluctuations over the past five years. The company's operating profit margin was 5.20% in 2024, representing an improvement from the previous year's margin of 3.49% in 2023. This suggests that Brinker International Inc was able to generate a higher percentage of operating profit relative to its revenue in 2024 compared to 2023.
Looking further back, the operating profit margin was 4.19% in 2022 and 5.97% in 2021. The dip in 2022 followed by a significant increase in 2021 indicates some variability in the company's ability to generate operating profit during these years. However, the latest year's margin of 5.20% is more aligned with the higher margin observed in 2021.
In contrast, Brinker International Inc's operating profit margin was considerably lower in 2020, at 2.03%. This suggests that the company faced challenges in generating operating profit relative to its revenue in that particular year.
Overall, the trend in Brinker International Inc's operating profit margin shows some variability, with fluctuations observed over the past five years. The recent improvement in 2024 compared to the previous year is a positive sign, but it is essential for the company to maintain and potentially enhance its operating profit margin in the future to ensure sustainable profitability.
Peer comparison
Jun 30, 2024