Brinker International Inc (EAT)
Return on equity (ROE)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 155,300 | 102,600 | 117,600 | 131,600 | 24,400 |
| Total stockholders’ equity | US$ in thousands | 39,400 | -144,300 | -268,100 | -303,300 | -479,100 |
| ROE | 394.16% | — | — | — | — |
June 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $155,300K ÷ $39,400K
= 394.16%
The return on equity (ROE) for Brinker International Inc as of June 30, 2024, stands at an impressive 394.16%. However, there is no data available for ROE in the previous years, namely in 2023, 2022, 2021, and 2020. This exceptional ROE figure for 2024 indicates that the company is generating substantial profits relative to its shareholder equity, reflecting strong financial performance and effective utilization of shareholder funds. It suggests that Brinker International Inc is efficiently leveraging its equity to generate profits for its shareholders. Potential factors contributing to such a high ROE could include effective cost management, revenue growth, operational efficiency, or successful investment strategies. Further analysis of the company's financial statements and performance trends would provide more insights into the sustainability and drivers of this exceptional ROE.
Peer comparison
Jun 30, 2024