Brinker International Inc (EAT)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 460,000 | 164,900 | 90,800 | 115,200 | 145,200 |
| Revenue | US$ in thousands | 5,384,200 | 4,415,100 | 4,133,200 | 3,804,100 | 3,337,800 |
| Pretax margin | 8.54% | 3.73% | 2.20% | 3.03% | 4.35% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $460,000K ÷ $5,384,200K
= 8.54%
The pretax margin of Brinker International Inc. demonstrates notable fluctuations over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the pretax margin was 4.35% as of June 30, 2021, but experienced a decline in the subsequent year, decreasing to 3.03% by June 30, 2022. This downward trend continued into June 30, 2023, reaching a low of 2.20%, indicating a period of narrowing profitability before taxes.
However, starting in the fiscal year ending June 30, 2024, the pretax margin showed a recovery with an increase to 3.73%. The most significant change is observed in the fiscal year ending June 30, 2025, where the pretax margin rises sharply to 8.54%. This substantial increase suggests a significant improvement in profitability before tax expenses relative to revenues during this period.
Overall, the pretax margin pattern indicates initial pressures on profitability, followed by a notable recovery culminating in a marked enhancement in operational performance or cost management efficiency in the latest fiscal year. The trend underscores a potential positive shift in the company's underlying earnings capacity before tax, especially in the context of the jump observed at the end of the period.
Peer comparison
Jun 30, 2025