Brinker International Inc (EAT)

Operating return on assets (Operating ROA)

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating income	US$ in thousands	553,800	229,600	144,400	159,500	199,300
Total assets	US$ in thousands	2,678,600	2,593,100	2,487,000	2,484,400	2,274,900
Operating ROA		20.67%	8.85%	5.81%	6.42%	8.76%

June 30, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $553,800K ÷ $2,678,600K
= 20.67%

The analysis of Brinker International Inc.'s Operating Return on Assets (Operating ROA) over the specified period reveals notable fluctuations and trends. As of June 30, 2021, the Operating ROA was recorded at 8.76%. This figure decreased in the subsequent year to 6.42% by June 30, 2022, indicating a decline in the company's efficiency in generating operating income relative to its assets. The trend continued into June 30, 2023, with the Operating ROA further diminishing to 5.81%, suggesting a persistent decline in asset utilization profitability.

However, a significant turnaround is observed in the subsequent years. By June 30, 2024, the Operating ROA surged markedly to 8.85%, surpassing the levels observed in 2021 and 2022, and indicating an improvement in operational efficiency relative to assets. The most notable increase occurs in the fiscal year ending June 30, 2025, where the Operating ROA skyrocketed to 20.67%. This sharp rise signifies a substantial enhancement in the company's operational profitability relative to its assets, potentially reflecting successful strategic initiatives, cost management, revenue growth, or operational restructuring.

In conclusion, the trend showcases a period of decline in Operating ROA from 2021 through 2023, followed by a remarkable recovery and substantial increase in 2024 and 2025. The recent data suggests a significant strengthening of Brinker International Inc.'s ability to generate operating income efficiently from its assets, with the 2025 figure indicating a potentially very favorable operational position.