Brinker International Inc (EAT)

Operating profit margin

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 23, 2020	Sep 23, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Operating income (ttm)	US$ in thousands	229,600	215,800	210,100	188,400	144,400	129,800	115,000	114,100	159,500	215,400	218,200	200,500	199,300	45,500	34,400	55,800	62,600	179,800	208,900	215,000
Revenue (ttm)	US$ in thousands	4,415,100	4,282,400	4,245,300	4,190,200	4,133,200	4,079,200	3,976,400	3,883,200	3,804,100	3,791,200	3,639,200	3,474,100	3,337,800	2,892,400	2,924,000	3,032,600	3,078,500	3,349,400	3,328,700	3,250,100
Operating profit margin		5.20%	5.04%	4.95%	4.50%	3.49%	3.18%	2.89%	2.94%	4.19%	5.68%	6.00%	5.77%	5.97%	1.57%	1.18%	1.84%	2.03%	5.37%	6.28%	6.62%

June 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $229,600K ÷ $4,415,100K
= 5.20%

The operating profit margin of Brinker International Inc has shown fluctuations over the past several quarters. The margin was relatively steady around 5-6% from December 2021 to March 2023, before experiencing a significant drop to 2.89% in December 2022. Subsequently, there was a slight recovery in the margin in the following quarters, reaching 5.20% in June 2024.

The downward trend observed from December 2021 to December 2022 could indicate challenges or inefficiencies affecting the company's operating profitability during that period. However, the subsequent improvement in the margin suggests that management may have taken steps to address these issues and enhance operational efficiency.

It is important for stakeholders to closely monitor Brinker International Inc's operating profit margin to assess the company's ability to generate profits from its core business activities and to evaluate its overall financial performance and management effectiveness.