Brinker International Inc (EAT)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 164,900 | 151,700 | 148,400 | 129,700 | 90,800 | 80,000 | 68,100 | 70,100 | 115,200 | 169,600 | 169,300 | 148,400 | 145,200 | -11,300 | -22,500 | -1,700 | 4,900 | 122,200 | 150,500 | 156,500 |
| 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 |
| Pretax margin | 3.73% | 3.54% | 3.50% | 3.10% | 2.20% | 1.96% | 1.71% | 1.81% | 3.03% | 4.47% | 4.65% | 4.27% | 4.35% | -0.39% | -0.77% | -0.06% | 0.16% | 3.65% | 4.52% | 4.82% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $164,900K ÷ $4,415,100K
= 3.73%
Brinker International Inc's pretax margin has shown fluctuating performance over the past few quarters. The pretax margin is a key profitability metric that reflects the company's ability to generate earnings before taxes relative to its total revenue.
From the data provided, we observe that the pretax margin has ranged from a low of -0.77% in March 2021 to a high of 4.82% in December 2019. It is important to note that negative pretax margins, as seen in some quarters, indicate that the company incurred losses before considering taxes.
In recent quarters, the pretax margin has generally been on an upward trend, with the most recent figure for June 2024 standing at 3.73%. This improvement suggests that Brinker International Inc has been able to control its expenses relative to its revenue, leading to a higher level of profitability before taxes.
However, it is essential for investors and stakeholders to continue monitoring the pretax margin trend to assess the company's efficiency in managing costs and generating profits. Additionally, comparing the pretax margin with industry benchmarks and historical performance can provide valuable insights into Brinker International Inc's overall financial health and operational effectiveness.
Peer comparison
Jun 30, 2024