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Brinker International, Inc.NYSE:EAT Stock Report

Market Cap US$6.3b
Share Price
US$138.68
US$189.14
26.7% undervalued intrinsic discount
1Y7.1%
7D-3.9%
Portfolio Value
View

Brinker International, Inc.

NYSE:EAT Stock Report

Market Cap: US$6.3b

Brinker International (EAT) Stock Overview

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally. More details

EAT fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance6/6
Financial Health3/6
Dividends0/6

EAT Community Fair Values

Create Narrative

See what 56 others think this stock is worth. Follow their fair value or set your own to get alerts.

Brinker International, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Brinker International
Historical stock prices
Current Share PriceUS$146.30
52 Week HighUS$187.12
52 Week LowUS$100.30
Beta1.33
1 Month Change-1.42%
3 Month Change-13.40%
1 Year Change7.07%
3 Year Change302.92%
5 Year Change136.77%
Change since IPO9,898.69%

Recent News & Updates

Narrative Update May 01

EAT: Chili’s Brand Flywheel And Remodel Program Will Support Future Upside

Brinker International's analyst price targets have seen both raises and cuts recently, with net adjustments of a few dollars around prior levels as analysts factor in updated views on Chili's brand momentum, remodel plans, and earnings growth prospects. Analyst Commentary Recent research on Brinker International reflects a mix of enthusiasm and caution, with price targets adjusted both higher and lower as analysts reassess Chili's turnaround progress, store remodel plans, and earnings visibility.
Seeking Alpha Apr 24

Brinker International: Sell On Misleading Growth And Balance Sheet Struggles

Summary Brinker International is downgraded to a sell due to deteriorating growth, weak margins, and a heavily leveraged balance sheet. EAT's same store sales and foot traffic growth have sharply declined, raising concerns about future earnings sustainability. Gross margin remains below 18%, less than half the sector median, with cost headwinds from food, labor, and expenses squeezing profitability. With a debt-to-equity ratio of 4.6x and a current ratio of 0.36, EAT's liquidity and leverage pose significant risks if sales trends do not rebound. Read the full article on Seeking Alpha

Recent updates

Narrative Update May 01

EAT: Chili’s Brand Flywheel And Remodel Program Will Support Future Upside

Brinker International's analyst price targets have seen both raises and cuts recently, with net adjustments of a few dollars around prior levels as analysts factor in updated views on Chili's brand momentum, remodel plans, and earnings growth prospects. Analyst Commentary Recent research on Brinker International reflects a mix of enthusiasm and caution, with price targets adjusted both higher and lower as analysts reassess Chili's turnaround progress, store remodel plans, and earnings visibility.
Seeking Alpha Apr 24

Brinker International: Sell On Misleading Growth And Balance Sheet Struggles

Summary Brinker International is downgraded to a sell due to deteriorating growth, weak margins, and a heavily leveraged balance sheet. EAT's same store sales and foot traffic growth have sharply declined, raising concerns about future earnings sustainability. Gross margin remains below 18%, less than half the sector median, with cost headwinds from food, labor, and expenses squeezing profitability. With a debt-to-equity ratio of 4.6x and a current ratio of 0.36, EAT's liquidity and leverage pose significant risks if sales trends do not rebound. Read the full article on Seeking Alpha
Narrative Update Apr 16

EAT: Chili’s Flywheel And Remodel Program Will Drive Future Share Gains

The analyst price target for Brinker International has been reset modestly to $210, reflecting updated assumptions around revenue growth, profit margins, and a lower future P/E multiple as analysts weigh recent target trims against earlier upgrades and positive commentary on the Chili's brand. Analyst Commentary Recent research on Brinker International shows a mix of fresh optimism and more measured views, with price targets and ratings reflecting how analysts are weighing Chili's brand momentum against valuation and earnings risk.
Narrative Update Apr 01

EAT: Same Store Sales Momentum And Menu Upgrades Will Support Future Earnings

The analyst price target for Brinker International has been revised slightly lower to $189.14 from $191.05. Analysts are factoring in a modestly higher discount rate and only small adjustments to long term revenue growth, margin, and future P/E assumptions, while still highlighting Chili's momentum and recent target increases across the Street.
Narrative Update Mar 18

EAT: Chili’s Traffic And Remodel Flywheel Will Support Earnings Resilience

Brinker International's updated analyst price target has shifted from $166 to $158.75 as analysts balance optimism around Chili's traffic and remodel potential with more tempered assumptions on future P/E, discount rate, and profitability. Analyst Commentary Recent Street research on Brinker International reflects a mix of optimism around Chili's brand momentum and more cautious views on what that means for long term returns.
Narrative Update Mar 04

EAT: Same Store Sales Momentum Will Drive Earnings Resilience Through 2026

We are lifting our Brinker International fair value estimate to $166 from $145 as analysts raise price targets across the board, citing the company's current same store sales momentum, menu and execution improvements, and expectations for resilient earnings in the approaching 2026 period. Analyst Commentary Across Wall Street, Brinker International is drawing attention as researchers reset their models and targets around the restaurant group outlook into 2026.
Narrative Update Feb 18

EAT: Same Store Sales Momentum And Menu Upgrades Will Support Earnings Upside

Analysts have lifted their price targets on Brinker International by a wide range, in some cases by $20 to $26. They cite adjustments to sector outlooks, views on same store sales trends, and company specific execution as key reasons for the updated valuations.
Narrative Update Feb 04

EAT: Same Store Sales And Margin Execution Will Support Future Earnings Upside

Analysts raised their fair value estimate for Brinker International by about $15 to $191. This change reflects higher modeled revenue growth and profit margins, partly offset by a slightly higher discount rate and a modestly lower future P/E assumption in line with recent broad-based price target increases across Wall Street firms.
Narrative Update Jan 20

EAT: Same Store Sales Momentum And Margin Resilience Will Drive Future Upside

Analysts have lifted their fair value estimate for Brinker International to about $176 from roughly $166. This reflects updated views on slightly higher revenue growth, modestly stronger profit margins, and a higher future P/E multiple supported by recent bullish initiations, upgrades, and price target increases across the Street.
Narrative Update Jan 06

EAT: Same Store Sales Momentum And Turnaround Progress Will Drive Future Upside

The analyst price target for Brinker International has been raised by about US$3 to reflect slightly higher modeled fair value, modestly higher revenue growth and profit margin assumptions, and a small upward tweak to the future P/E multiple. This change is based on recent research pointing to ongoing same-store-sales momentum, menu and service improvements at Chili's, and continued progress in the turnaround.
Analysis Article Jan 05

Brinker International, Inc. (NYSE:EAT) Shares Could Be 25% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Brinker International is US$201 based on 2 Stage Free Cash Flow to Equity...
Narrative Update Dec 23

EAT: Chili’s Turnaround And Operational Gains Will Drive Share Price Upside

The Analyst Price Target for Brinker International has been reduced by $2.66 per share as analysts temper revenue growth and margin assumptions, while still crediting operational improvements and Chili's ongoing transformation for supporting a higher long term earnings multiple. Analyst Commentary Bullish analysts acknowledge the reduced price targets but continue to frame Brinker as a structurally improving story, with recent results at Chili's reinforcing confidence in the turnaround plan and the company's ability to support a premium valuation over time.
Narrative Update Dec 09

EAT: Ongoing Turnaround And Share Repurchases Will Drive Future Upside Potential

Brinker International's analyst price target has been modestly reduced to $162.82 from $159.41 as analysts balance confidence in Chili's ongoing transformation and accelerating top line growth against slightly softer margin expectations and a more cautious view on near term demand trends. Analyst Commentary Analysts remain divided on Brinker International's near term risk reward, with several acknowledging meaningful progress in Chili's transformation while tempering expectations for same store sales growth and valuation upside.
Analysis Article Nov 28

Brinker International, Inc.'s (NYSE:EAT) Shares Bounce 32% But Its Business Still Trails The Market

Brinker International, Inc. ( NYSE:EAT ) shareholders are no doubt pleased to see that the share price has bounced 32...
Narrative Update Nov 25

EAT: Strengthening Revenue Momentum And Buybacks Will Support Continued Turnaround

Brinker International's analyst price target has been reduced from $175 to a range between $128 and $145. Analysts cite improved operational performance but also caution around choppy demand trends and a more measured near-term sales outlook.
Narrative Update Nov 11

EAT: Operational Momentum And Share Repurchases Will Drive Confidence Ahead

Brinker International's consensus analyst price target has decreased from $171 to $159. This change reflects analysts' more cautious outlook on near-term sales momentum and profit growth, even though there is continued optimism for Chili's longer-term transformation initiatives.
Narrative Update Oct 28

Digital Advances And Menu Updates Will Shape Market Performance Ahead

Brinker International's analyst price target has been revised downward from $176.44 to $171.27. Analysts cited choppy demand trends and moderate downside risk for U.S. restaurants, leading to a more cautious outlook on near-term same-store sales growth.
Narrative Update Oct 13

Digital Upgrades And Menu Innovation Will Unlock New Opportunities

Brinker International's analyst price target has been reduced from $180.25 to $176.44, amid concerns over softer demand trends and moderated expectations for near-term sales growth, according to recent analyst commentary. Analyst Commentary Recent analyst actions provide a mixed perspective on Brinker International's outlook, with both bullish and bearish themes emerging as firms adjust their price targets and ratings in response to the latest performance data and industry trends.
Narrative Update Sep 04

Digital Upgrades And Menu Innovation Will Unlock New Opportunities

Driven by strong same-store sales and margin improvements at Chili’s, but tempered by concerns over difficult comps and sustainability of recent momentum, the consensus analyst price target for Brinker International remained unchanged at $179. Analyst Commentary Markedly strong same-store sales growth at Chili’s (~25%) and robust adjusted EPS expansion (>100%) with significant improvements in restaurant-level margins and de-leveraging of the balance sheet.
Analysis Article Aug 04

Do Brinker International's (NYSE:EAT) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 22

Returns On Capital Are A Standout For Brinker International (NYSE:EAT)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article Jun 25

Estimating The Fair Value Of Brinker International, Inc. (NYSE:EAT)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Brinker International fair value estimate is US$193 Brinker...
Analysis Article May 31

Brinker International, Inc.'s (NYSE:EAT) P/E Is Still On The Mark Following 29% Share Price Bounce

Brinker International, Inc. ( NYSE:EAT ) shareholders would be excited to see that the share price has had a great...
Analysis Article May 13

What Is Brinker International, Inc.'s (NYSE:EAT) Share Price Doing?

Brinker International, Inc. ( NYSE:EAT ), is not the largest company out there, but it saw a decent share price growth...
Seeking Alpha Apr 15

Brinker International: Unjustified Sell-Off, Strong Comps May Continue

Summary Brinker International's strong growth, driven by Chili's, is expected to continue in 2025 due to affordable dining options and operational improvements. Recipe enhancements and meal deals have led to higher guest satisfaction and increased sales, positioning Brinker for further success. The market sell-off has Brinker's valuation at an attractive level with potential for significant upside, supported by positive sales momentum which is driving margin increases and earnings growth. Read the full article on Seeking Alpha
Seeking Alpha Apr 08

Brinker International: Weighing Strong Q3 Outlook, Tariff Uncertainty

Summary Brinker International's Q3 should continue Chili's impressive traffic turnaround, expected to rapidly expand earnings. Economic uncertainty around tariffs may cause the restaurant industry some issues in generating traffic. The impact on Brinker should be moderate, not changing the Chili's narrative. I estimate EAT stock to have a fair value of $147. Read the full article on Seeking Alpha
Seeking Alpha Mar 15

Brinker International: Examining Chili's Rebound Potential

Summary Brinker International's Chili's has continued to rapidly regain traffic with impressive same-store sales growth. Compared to the chain's historical sales, Chili's still has a good amount of further traffic rebound potential. A good amount of the potential further rebound is already priced in, making Brinker's valuation fair. Read the full article on Seeking Alpha
Seeking Alpha Feb 06

Brinker International: A Comp Sales Performance Worth A Michelin Star

Summary Brinker International's Chili's reported a 31.4% year-over-year same-store sales growth, driven by the Triple Dipper, and saw significant operational improvements. The Triple Dipper alone accounted for 7 percentage points of same-store sales, with new menu items and marketing appealing to Gen Z guests. EAT's top-line sales grew 26.55% year-over-year, with EBITDA increasing 102% and net income rising over 180%, reflecting strong financial health. I reiterate a 'Buy' rating for Brinker International, with a price target in the low $200s, based on robust earnings growth and favorable valuation multiples. Read the full article on Seeking Alpha
Seeking Alpha Jan 21

Brinker International: Accelerating Same-Store Sales And Strengthening Margins - Solid Buy

Summary Brinker International is a promising growth-at-a-reasonable-price pick with accelerating same-store sales and strengthening margins, making it a "Buy" today. The company is modernizing restaurants, expanding its footprint, investing in technology, and enhancing its menu and marketing efforts, driving strong revenue and EPS growth. Despite high valuation multiples, EAT's forward PEG ratio is below the industry average, indicating potential undervaluation when adjusted for EPS growth. Brinker is taking a more technical approach to its corporate growth - this is likely to bring in higher margins and justify the currently overestimated consensus figures for FY2025. Based on my math, the growth potential from the current price is ~10%, but it can be much higher. I rate the stock as a "Buy" today. Read the full article on Seeking Alpha
Seeking Alpha Jan 05

Brinker International: Core-4 At Chili's Finds Its Final Sizzling Piece

Summary Brinker International's Core-4 menu items, including revamped fajitas, have driven significant sales growth, now accounting for 58% of Chili's business. Brinker International's stock has soared 227% in the past year, with a market cap of $5.88 billion, outperforming peers like Texas Roadhouse and Darden Restaurants. Valuation models, including P/E, EV/EBITDA, and DCF, suggest a price target range of $155 to $180, supporting a 'Buy' rating for Brinker International. High short interest indicates potential for a short squeeze if Q2 FY 2025 results exceed expectations, reinforcing the bullish outlook on Brinker International. Read the full article on Seeking Alpha
Seeking Alpha Dec 16

Brinker International: A Respectful Downgrade After A Delicious Surge

Summary Brinker International's stock has surged 295.9% since December 2022, outperforming the S&P 500's 59.8% gain, driven by strong revenue, profits, and cash flow growth. Despite impressive financial performance, the stock is no longer as cheap, prompting a downgrade to 'hold' due to valuation concerns relative to peers. Key growth drivers include higher pricing, product mix changes, and successful marketing campaigns, particularly at Chili’s, while Maggiano’s faces traffic declines despite price hikes. For fiscal 2025, management projects revenue of $4.70-$4.75 billion and net profits of $246.1 million, but the stock appears fairly valued, lacking a sufficient margin of safety. Read the full article on Seeking Alpha

Shareholder Returns

EATUS HospitalityUS Market
7D-3.9%-1.3%2.1%
1Y7.1%1.1%30.6%

Return vs Industry: EAT exceeded the US Hospitality industry which returned 3.4% over the past year.

Return vs Market: EAT underperformed the US Market which returned 31% over the past year.

Price Volatility

Is EAT's price volatile compared to industry and market?
EAT volatility
EAT Average Weekly Movement7.9%
Hospitality Industry Average Movement7.9%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: EAT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: EAT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197583,840Kevin Hochmanbrinker.com

Brinker International, Inc., together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants in the United States and internationally. It operates and franchises Chili’s Grill & Bar and Maggiano’s Little Italy restaurant brands. The company was founded in 1975 and is headquartered in Dallas, Texas.

Brinker International, Inc. Fundamentals Summary

How do Brinker International's earnings and revenue compare to its market cap?
EAT fundamental statistics
Market capUS$6.31b
Earnings (TTM)US$462.90m
Revenue (TTM)US$5.73b
13.6x
P/E Ratio
1.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EAT income statement (TTM)
RevenueUS$5.73b
Cost of RevenueUS$4.67b
Gross ProfitUS$1.07b
Other ExpensesUS$603.20m
EarningsUS$462.90m

Last Reported Earnings

Mar 25, 2026

Next Earnings Date

n/a

Earnings per share (EPS)10.79
Gross Margin18.59%
Net Profit Margin8.07%
Debt/Equity Ratio85.4%

How did EAT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 16:49
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/25
Annual Earnings2025/06/25

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Brinker International, Inc. is covered by 40 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Jeffrey BernsteinBarclays
Jeffrey BernsteinBarclays