Brinker International Inc (EAT)

Return on assets (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
Net income (ttm) US$ in thousands 383,100 333,400 263,000 186,600 155,300 152,200 154,200 140,000 102,600 88,600 74,500 74,200 117,600 152,400 149,700 134,100 132,900 68,600 45,400 -15,800
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
ROA 14.30% 12.96% 10.27% 7.37% 5.99% 6.10% 6.14% 5.66% 4.13% 3.58% 2.96% 2.98% 4.73% 6.20% 6.09% 5.73% 5.84% 2.97% 1.93% -0.67%

June 30, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $383,100K ÷ $2,678,600K
= 14.30%

The analysis of Brinker International Inc.'s Return on Assets (ROA) over the presented period indicates a notable trend of improvement in asset utilization efficiency. Starting with a negative ROA of approximately -0.67% at the end of December 2020, the company's profitability relative to its asset base experienced a significant turnaround, reaching positive territory with a value of approximately 1.93% at the end of December 2020.

Throughout the subsequent periods, there was a consistent upward trajectory in ROA, reflecting enhancing operational efficiencies or improved profit margins. By the end of March 2021, the ROA increased to around 2.97%, and further strengthened to approximately 5.84% in June 2021, maintaining a strong positive directional trend through subsequent quarters. Notably, during this period, the ROA stabilized above 5%, indicating effective asset management and improved profitability.

From late 2021 into 2022, the ROA demonstrated some fluctuation, with a slight decline to approximately 2.98% in September 2022, then marginally increasing again to about 2.96% by the end of December 2022. Nevertheless, the trend resumed upward in early 2023, reaching approximately 3.58% in March 2023 and continuing to rise to 4.13% in June 2023, and further to 5.66% in September 2023.

The most recent data points illustrate a remarkable acceleration in ROA, culminating at approximately 6.14% at the end of December 2023. Projections for subsequent quarters depict ongoing growth, with estimates reaching approximately 12.96% by the end of March 2025, and approximately 14.30% by June 2025. This sustained increase suggests enhanced profitability efficiency and effective deployment of assets over the analyzed period.

Overall, the trajectory of Brinker International Inc.’s ROA indicates a meaningful recovery from a negative baseline to increasingly robust profitability levels, reflecting positive operational performance, asset management, and possibly strategic initiatives aimed at improving profitability relative to assets employed.