Brinker International Inc (EAT)

Operating return on assets (Operating ROA)

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 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 31, 2020 Dec 23, 2020
Operating income (ttm) US$ in thousands 553,800 466,100 379,100 285,500 253,300 215,800 210,100 188,400 144,400 144,000 129,200 128,300 173,700 215,400 218,200 200,500 197,000 120,800 93,000 17,700
Total assets US$ in thousands 2,678,600 2,571,900 2,560,300 2,533,100 2,593,100 2,495,700 2,510,700 2,474,800 2,487,000 2,478,100 2,519,600 2,493,800 2,484,400 2,458,800 2,457,300 2,339,400 2,274,900 2,309,000 2,357,700 2,357,700
Operating ROA 20.67% 18.12% 14.81% 11.27% 9.77% 8.65% 8.37% 7.61% 5.81% 5.81% 5.13% 5.14% 6.99% 8.76% 8.88% 8.57% 8.66% 5.23% 3.94% 0.75%

June 30, 2025 calculation

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

The operating return on assets (ROA) for Brinker International Inc exhibits notable fluctuations over the analyzed period. Starting from a low point of 0.75% as of December 23, 2020, the metric experienced a significant upward trajectory through mid-2021, reaching 8.66% by June 30, 2021, and maintaining similar levels through September and December of that year, with values around 8.5% to 8.9%. This increase suggests improved operational efficiency and profitability relative to total assets during this period, possibly reflecting recovery from the initial impacts of the COVID-19 pandemic.

Between early 2022 and late 2023, the operating ROA demonstrated some volatility, declining to approximately 5.14% by September 2022 and remaining relatively flat through December 2022 and March 2023, indicating a period of stabilization or modest operational challenges.

Starting in mid-2023, a positive trend resumed, culminating in an operating ROA of 14.81% as of December 31, 2024. The upward momentum persisted into the subsequent quarters, with projections reaching 20.67% by June 30, 2025. This substantial increase suggests ongoing enhancements in operational performance and asset utilization, possibly driven by strategic initiatives, operational efficiencies, or improved revenue streams.

Overall, the data depicts a trajectory from depressed levels in late 2020, driven by pandemic-related disruptions, toward a phase of sustained growth and operational efficiency gains commencing around mid-2023. The trend indicates a firm moving towards more effective asset management and profitability, with future projections pointing to continued positive momentum.