Brinker International Inc (EAT)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 2,593,100 | 2,487,000 | 2,484,400 | 2,274,900 | 2,356,000 |
| Operating ROA | 8.85% | 5.81% | 6.42% | 8.76% | 2.66% |
June 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $229,600K ÷ $2,593,100K
= 8.85%
Brinker International Inc's operating return on assets (ROA) has shown variability over the past five years. The operating ROA ranged from 2.66% in June 2020 to 8.85% in June 2024. This indicates fluctuations in the company's ability to generate operating income relative to its total assets.
The increase in operating ROA from 2.66% in June 2020 to 8.85% in June 2024 suggests an improvement in the company's operational efficiency and profitability over this period. This may be attributed to effective cost management, revenue growth, or asset utilization.
However, the variability in operating ROA from year to year, as seen in the fluctuations between 5.81% in 2023 and 6.42% in 2022, indicates some level of inconsistency in the company's performance in leveraging its assets to generate operating profits.
Overall, Brinker International Inc's operating ROA trend suggests a mix of positive and potentially concerning signals regarding the company's operational performance and asset utilization efficiency. Further analysis and consideration of industry benchmarks may provide additional insights into the company's financial health and operational effectiveness.
Peer comparison
Jun 30, 2024