Brinker International Inc (EAT)

Return on total capital

		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 interest and tax (EBIT) (ttm)	US$ in thousands	229,900	216,100	210,800	189,300	145,700	131,700	116,700	116,000	161,300	217,500	220,200	202,500	201,400	47,200	36,200	57,600	64,500	181,700	211,000	217,400
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	39,400	-46,700	-109,500	-156,300	-144,300	-210,300	-267,500	-296,600	-268,100	-311,200	-327,400	-325,500	-303,300	-390,600	-444,100	-465,100	-479,100	-574,700	-568,900	-585,100
Return on total capital		583.50%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

June 30, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $229,900K ÷ ($—K + $39,400K)
= 583.50%

Brinker International Inc's return on total capital for the period ending June 30, 2024, reported at 583.50%, reflects a substantial profitability generated in relation to the company's total invested capital. This high return on total capital indicates that Brinker International Inc is effectively utilizing its resources and assets to generate profits for its stakeholders. However, it is essential to monitor this ratio over multiple periods to assess the consistency and sustainability of this performance. Moreover, the lack of data for earlier periods limits the ability to analyze the trend in return on total capital for a more comprehensive evaluation of the company's financial performance.