Brinker International Inc (EAT)

Return on assets (ROA)

		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
Net income (ttm)	US$ in thousands	155,300	152,200	154,200	140,000	102,600	88,600	74,500	74,200	117,600	152,400	149,700	134,100	131,600	7,400	4,300	20,200	24,400	120,300	139,300	143,400
Total assets	US$ in thousands	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	2,335,300	2,356,000	2,585,400	2,503,700	2,491,000
ROA		5.99%	6.10%	6.14%	5.66%	4.13%	3.58%	2.96%	2.98%	4.73%	6.20%	6.09%	5.73%	5.78%	0.32%	0.18%	0.86%	1.04%	4.65%	5.56%	5.76%

June 30, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $155,300K ÷ $2,593,100K
= 5.99%

The return on assets (ROA) for Brinker International Inc has shown fluctuations over the quarters, ranging from a low of 0.18% in March 2021 to a high of 6.20% in March 2022.

Generally, ROA measures a company's ability to generate profit from its assets. A higher ROA indicates that the company is more efficient in using its assets to generate earnings. In the case of Brinker International Inc, the ROA has generally been above 4%, indicating a reasonable level of profitability relative to its asset base.

The steady improvement in ROA from March 2021 to March 2022 suggests that the company may have implemented strategies to enhance its asset efficiency and profitability during this period. However, the slight decline in ROA in the most recent quarter, from 6.14% in December 2023 to 5.99% in June 2024, may warrant further investigation to understand the factors contributing to this decrease.

Overall, the trend in Brinker International Inc's ROA indicates that the company has been reasonably effective in generating profits from its assets, but monitoring future changes in this ratio will be important to assess the company's ongoing financial performance.