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Brinker International

NYSE:EAT
Snowflake Description

Established dividend payer with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EAT
NYSE
$2B
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

Brinker International, Inc., together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants in the United States and internationally. The last earnings update was 46 days ago. More info.


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EAT Share Price and Events
7 Day Returns
-0.9%
NYSE:EAT
1.6%
US Hospitality
1.6%
US Market
1 Year Returns
15.5%
NYSE:EAT
-8.5%
US Hospitality
3.2%
US Market
EAT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Brinker International (EAT) -0.9% -4.4% -9.1% 15.5% -5.6% -16.5%
US Hospitality 1.6% 0.4% 13.3% -8.5% 34.9% 15%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • EAT outperformed the Hospitality industry which returned -8.5% over the past year.
  • EAT outperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
EAT
Industry
5yr Volatility vs Market

Value

 Is Brinker International undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Brinker International to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Brinker International.

NYSE:EAT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 17 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:EAT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.965 (1 + (1- 21%) (77.91%))
1.374
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.37
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.374 * 5.96%)
10.92%

Discounted Cash Flow Calculation for NYSE:EAT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Brinker International is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:EAT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.92%)
2019 84.00 Analyst x1 75.73
2020 157.00 Analyst x1 127.61
2021 153.00 Analyst x1 112.11
2022 151.49 Est @ -0.99% 100.08
2023 151.68 Est @ 0.13% 90.34
2024 153.06 Est @ 0.91% 82.18
2025 155.28 Est @ 1.45% 75.17
2026 158.14 Est @ 1.84% 69.02
2027 161.46 Est @ 2.11% 63.53
2028 165.17 Est @ 2.29% 58.59
Present value of next 10 years cash flows $854.36
NYSE:EAT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $165.17 × (1 + 2.73%) ÷ (10.92% – 2.73%)
$2,071.67
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,071.67 ÷ (1 + 10.92%)10
$734.87
NYSE:EAT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $854.36 + $734.87
$1,589.23
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,589.23 / 37.50
$42.38
NYSE:EAT Discount to Share Price
Calculation Result
Value per share (USD) From above. $42.38
Current discount Discount to share price of $43.54
= -1 x ($43.54 - $42.38) / $42.38
-2.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Brinker International is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Brinker International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Brinker International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:EAT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-26) in USD $3.58
NYSE:EAT Share Price ** NYSE (2019-03-19) in USD $43.54
United States of America Hospitality Industry PE Ratio Median Figure of 73 Publicly-Listed Hospitality Companies 21.13x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Brinker International.

NYSE:EAT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:EAT Share Price ÷ EPS (both in USD)

= 43.54 ÷ 3.58

12.15x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brinker International is good value based on earnings compared to the US Hospitality industry average.
  • Brinker International is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Brinker International's expected growth come at a high price?
Raw Data
NYSE:EAT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts
-2.5%per year
United States of America Hospitality Industry PEG Ratio Median Figure of 52 Publicly-Listed Hospitality Companies 1.44x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

NYSE:EAT PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.15x ÷ -2.5%

-4.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brinker International earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Brinker International's assets?
Raw Data
NYSE:EAT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-26) in USD $-22.87
NYSE:EAT Share Price * NYSE (2019-03-19) in USD $43.54
United States of America Hospitality Industry PB Ratio Median Figure of 108 Publicly-Listed Hospitality Companies 2.13x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
NYSE:EAT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:EAT Share Price ÷ Book Value per Share (both in USD)

= 43.54 ÷ -22.87

-1.9x

* Primary Listing of Brinker International.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brinker International has negative assets, we can't compare the value of its assets to the US Hospitality industry average.
X
Value checks
We assess Brinker International's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Brinker International has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Brinker International expected to perform in the next 1 to 3 years based on estimates from 17 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-2.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Brinker International expected to grow at an attractive rate?
  • Brinker International's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Brinker International's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Brinker International's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:EAT Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:EAT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts -2.5%
NYSE:EAT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 17 Analysts 2%
United States of America Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 11.1%
United States of America Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:EAT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:EAT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 3,349 309 150 6
2020-06-30 3,261 310 143 17
2019-06-30 3,209 315 154 17
NYSE:EAT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-26 3,174 221 149
2018-09-26 3,150 284 142
2018-06-27 3,135 284 126
2018-03-28 3,129 307 133
2017-12-27 3,127 292 128
2017-09-27 3,132 298 137
2017-06-28 3,151 315 151
2017-03-29 3,222 341 162
2016-12-28 3,236 381 178
2016-09-28 3,253 417 191
2016-06-29 3,257 400 201
2016-03-23 3,140 393 196

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Brinker International's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Brinker International's revenue is expected to grow by 2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:EAT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below

All data from Brinker International Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:EAT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 4.39 4.84 4.05 3.00
2020-06-30 4.02 4.34 3.76 13.00
2019-06-30 3.96 4.05 3.88 10.00
NYSE:EAT Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-26 3.58
2018-09-26 3.26
2018-06-27 2.75
2018-03-28 2.81
2017-12-27 2.66
2017-09-27 2.81
2017-06-28 2.98
2017-03-29 3.11
2016-12-28 3.28
2016-09-28 3.37
2016-06-29 3.47
2016-03-23 3.30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Brinker International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Brinker International's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Brinker International has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Brinker International performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Brinker International's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Brinker International's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Brinker International's 1-year earnings growth exceeds its 5-year average (16.2% vs -4.8%)
  • Brinker International's earnings growth has exceeded the US Hospitality industry average in the past year (16.2% vs 11.8%).
Earnings and Revenue History
Brinker International's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Brinker International Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:EAT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-26 3,174.12 149.08 139.81
2018-09-26 3,149.82 142.38 137.51
2018-06-27 3,135.42 125.88 136.01
2018-03-28 3,129.00 132.70 132.82
2017-12-27 3,127.10 128.15 132.14
2017-09-27 3,131.75 137.49 132.58
2017-06-28 3,150.84 150.82 132.82
2017-03-29 3,221.86 162.46 134.42
2016-12-28 3,235.86 177.59 128.66
2016-09-28 3,253.42 190.65 127.02
2016-06-29 3,257.49 200.62 127.59
2016-03-23 3,139.96 195.63 128.17
2015-12-23 3,099.53 203.55 133.19
2015-09-23 3,053.82 197.16 133.94
2015-06-24 3,002.28 194.66 133.47
2015-03-25 2,998.01 168.29 133.79
2014-12-24 2,973.09 159.13 132.61
2014-09-24 2,935.85 157.57 130.31
2014-06-25 2,909.50 154.04 132.09
2014-03-26 2,879.68 171.59 131.04
2013-12-25 2,863.15 167.27 131.02
2013-09-25 2,847.25 164.71 131.69
2013-06-26 2,849.72 163.36 134.54
2013-03-27 2,844.40 164.00 141.64
2012-12-26 2,843.69 156.98 147.66
2012-09-26 2,835.83 155.48 147.84
2012-06-27 2,820.72 151.23 143.39
2012-03-28 2,809.84 146.15 139.85

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Brinker International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Brinker International used its assets more efficiently than the US Hospitality industry average last year based on Return on Assets.
  • Brinker International has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Brinker International's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Brinker International has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Brinker International's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Brinker International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Brinker International's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Brinker International's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Brinker International's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Brinker International has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Brinker International Company Filings, last reported 2 months ago.

NYSE:EAT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-26 -855.20 1,272.00 16.20
2018-09-26 -815.90 1,160.40 11.00
2018-06-27 -718.31 1,506.71 10.87
2018-03-28 -608.54 1,369.01 13.40
2017-12-27 -552.86 1,373.52 14.73
2017-09-27 -539.03 1,362.67 8.95
2017-06-28 -493.68 1,329.48 9.06
2017-03-29 -498.70 1,329.46 9.04
2016-12-28 -530.59 1,420.03 34.06
2016-09-28 -551.07 1,445.83 34.16
2016-06-29 -225.58 1,114.26 31.45
2016-03-23 -243.66 1,178.27 68.99
2015-12-23 -164.93 1,160.10 71.29
2015-09-23 -108.14 1,128.93 66.03
2015-06-24 -78.46 974.26 55.12
2015-03-25 -32.13 936.32 63.54
2014-12-24 4.94 929.28 78.41
2014-09-24 38.18 893.23 63.69
2014-06-25 63.09 860.19 57.69
2014-03-26 88.11 845.07 64.61
2013-12-25 123.49 833.95 62.66
2013-09-25 119.99 840.83 55.60
2013-06-26 149.36 807.72 59.37
2013-03-27 245.21 704.84 85.69
2012-12-26 252.98 711.63 93.11
2012-09-26 268.09 698.43 64.31
2012-06-27 309.87 615.22 59.10
2012-03-28 333.71 581.96 72.75
  • Brinker International has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Brinker International's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (17.4%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4x coverage).
X
Financial health checks
We assess Brinker International's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Brinker International has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Brinker International's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.49%
Current annual income from Brinker International dividends. Estimated to be 3.88% next year.
If you bought $2,000 of Brinker International shares you are expected to receive $70 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Brinker International's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Brinker International's dividend is below the markets top 25% of dividend payers in United States of America (3.63%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:EAT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below
United States of America Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 46 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:EAT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 1.75 4.00
2020-06-30 1.75 8.00
2019-06-30 1.60 8.00
NYSE:EAT Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-01 1.520 3.435
2019-01-29 1.520 3.656
2018-11-02 1.520 3.160
2018-10-30 1.520 3.416
2018-08-27 1.520 3.301
2018-08-14 1.520 3.468
2018-02-06 1.520 3.639
2017-11-16 1.520 4.073
2017-08-10 1.520 4.709
2017-05-25 1.360 3.622
2017-02-09 1.360 3.163
2016-11-16 1.360 2.763
2016-08-18 1.360 2.645
2016-05-19 1.280 2.731
2016-02-02 1.280 2.725
2015-10-29 1.280 2.759
2015-08-20 1.280 2.468
2015-05-21 1.120 1.956
2015-02-05 1.120 1.907
2014-10-30 1.120 1.956
2014-08-21 1.120 2.199
2014-05-29 0.960 2.010
2014-02-07 0.960 1.886
2013-11-07 0.960 2.063
2013-08-22 0.960 2.328
2013-05-30 0.800 1.972
2013-02-07 0.800 2.176
2012-11-08 0.800 2.551
2012-08-23 0.800 2.371
2012-05-31 0.640 1.989
2012-02-09 0.640 2.205
2011-11-03 0.640 2.561
2011-08-29 0.640 2.932
2011-06-07 0.560 2.334
2011-02-10 0.560 2.286
2010-11-10 0.560 2.640
2010-08-19 0.560 3.070
2010-03-26 0.560 3.294
2010-01-28 0.440 2.409
2009-10-29 0.440 3.058
2009-08-20 0.440 2.922
2009-05-28 0.440 2.700
2009-03-20 0.440 2.618

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Brinker International's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
X
Income/ dividend checks
We assess Brinker International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Brinker International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Brinker International has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Brinker International's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Wyman Roberts
COMPENSATION $6,818,729
AGE 59
TENURE AS CEO 6.2 years
CEO Bio

Mr. Wyman T. Roberts has been the Chief Executive Officer and President of Brinker International, Inc. since January 1, 2013. He is Interim President of Grill & Bar at Brinker International, Inc. since September 14, 2018. Mr. Roberts served as the President of Chili’s Grill & Bar at Brinker International Inc. since November 2009 until June 29, 2016. He served as the President of Chili’s Grill & Bar and the Border Mexican Grill & Cantina at Brinker International Inc. since November 2009 to June 2016. He served as the Chief Marketing Officer of Brinker International Inc. of On The Border Cafes, Inc. since 2009. He served as the President of Maggiano’s Little Italy concept of Brinker International Inc. from August 2, 2005 to October 2009. He served as Senior Vice President of Brinker International Inc. since August 2, 2005. He joined Brinker International Inc. in 2005. He served as an Executive Vice President and Chief Marketing Officer for Universal Parks & Resorts Vacations (a/k/a Universal City Travel Partners), a division of Vivendi Universal Entertainment at Universal City Development Partners Ltd. from December 2000 to August 2005. Prior to joining Vivendi Universal Entertainment, in 2001, he served as an Executive Vice President of Marketing for Red Lobster Restaurants, where he was responsible for advertising, market research, menu and food development and menu services. He is a 16-year veteran of Darden Restaurants Inc., where he held numerous positions where he reached the role of Executive Vice President, Marketing. He has been an Independent Director of SP Plus Corporation since April 21, 2015. From August 2005 to October 2009, he served as President of Maggiano’s Little Italy and Chief Marketing Officer. Mr. Roberts has been a Non-Independent Director of Brinker International, Inc. since February 2013. Mr. Roberts served as Executive Vice President and Chief Marketing Officer for NBC’s Universal Parks & Resorts from December 2000 until August 2005. Mr. Roberts has a Bachelor’s degree in Finance and an M.B.A from Brigham Young University. Mr. Roberts brings over thirty years of hands-on experience in the casual dining and entertainment industries, serving in various senior leadership roles in both industries, as well as public company board experience. He provides knowledge and understanding of the restaurant industry, and the leadership ability to continue executing on the Company’s strategic vision.

CEO Compensation
  • Wyman's compensation has increased by more than 20% in the past year.
  • Wyman's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Brinker International management team in years:

2.7
Average Tenure
58
Average Age
  • The tenure for the Brinker International management team is about average.
Management Team

Wyman Roberts

TITLE
CEO, President & Non-Independent Director
COMPENSATION
$7M
AGE
59
TENURE
6.2 yrs

Joe Taylor

TITLE
Senior VP & CFO
COMPENSATION
$1M
AGE
59
TENURE
1.6 yrs

Rick Badgley

TITLE
Senior VP & Chief People Officer
COMPENSATION
$1M
AGE
50
TENURE
2.7 yrs

Steve Provost

TITLE
Executive VP and Chief Marketing & Innovation Officer of Chili's Grill & Bar
COMPENSATION
$2M
AGE
58
TENURE
9.9 yrs

Mika Ware

TITLE
VP of Finance & Investor Relations

Charlie Lousignont

TITLE
Senior VP & Chief Supply Chain Officer
AGE
59
TENURE
4.3 yrs

Doug Comings

TITLE
Senior VP & COO for Chili's Grill & Bar
TENURE
2.8 yrs

Larry Konecny

TITLE
Chief Concept Officer of Maggiano's Brand
TENURE
2 yrs

Wade Allen

TITLE
Senior VP & Chief Digital Officer
AGE
41
TENURE
1.2 yrs

Kelly Baltes

TITLE
Executive VP & President of Maggiano’s Little Italy
AGE
52
TENURE
0.7 yrs
Board of Directors Tenure

Average tenure and age of the Brinker International board of directors in years:

5.3
Average Tenure
59
Average Age
  • The tenure for the Brinker International board of directors is about average.
Board of Directors

Joe DePinto

TITLE
Chairman
COMPENSATION
$412K
AGE
55
TENURE
5.3 yrs

Wyman Roberts

TITLE
CEO, President & Non-Independent Director
COMPENSATION
$7M
AGE
59
TENURE
6.1 yrs

George Mrkonic

TITLE
Vice Chairman
COMPENSATION
$209K
AGE
66

Bill Giles

TITLE
Director
COMPENSATION
$222K
AGE
59
TENURE
6 yrs

Harriet Edelman

TITLE
Director
COMPENSATION
$200K
AGE
62
TENURE
11 yrs

Mike George

TITLE
Director
COMPENSATION
$207K
AGE
57
TENURE
6 yrs

Jose Prado Becerra

TITLE
Director
COMPENSATION
$187K
AGE
63
TENURE
3.7 yrs

Jim Katzman

TITLE
Director
COMPENSATION
$160K
AGE
51
TENURE
1.2 yrs

Cindy Davis

TITLE
Director
TENURE
0.2 yrs

John Chidsey

TITLE
Director
AGE
56
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Brinker International insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
07. Feb 19 Buy Charles Lousignont Individual 06. Feb 19 06. Feb 19 2,590 $43.00 $111,370
01. Feb 19 Buy Kelly Baltes Individual 30. Jan 19 30. Jan 19 800 $41.75 $33,396
29. Nov 18 Sell Steve Provost Individual 28. Nov 18 28. Nov 18 -11,985 $51.00 $-611,235
07. Nov 18 Sell Wyman Roberts Individual 06. Nov 18 06. Nov 18 -15,478 $47.55 $-735,979
06. Nov 18 Sell Wade Allen Individual 02. Nov 18 02. Nov 18 -241 $45.13 $-10,877
X
Management checks
We assess Brinker International's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Brinker International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

A Close Look At Brinker International, Inc.’s (NYSE:EAT) 30% ROCE

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Should Brinker International Be Disappointed With Their 24% Profit?

(NYSE:EAT) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 11% in the last quarter. … In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … One flawed but reasonable way to assess how sentiment around a company has changed, is to compare the earnings per share (EPS) with the share price.

Simply Wall St -

Did Brinker International, Inc. (NYSE:EAT) Insiders Sell Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So shareholders might well want to know whether insiders have been buying or selling shares in Brinker International, Inc. … Brinker International Insider Transactions Over The Last Year.

Simply Wall St -

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

In this article I am going to calculate the intrinsic value of Brinker International, Inc. … by taking the expected future cash flows and discounting them to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Should Brinker International, Inc. (NYSE:EAT) Be Part Of Your Dividend Portfolio?

There is a lot to be liked about Brinker International, Inc. … Does Brinker International tick all the boxes of a great dividend stock? … See our latest analysis for Brinker International

Simply Wall St -

Here's What Brinker International, Inc.'s (NYSE:EAT) P/E Ratio Is Telling Us

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … We'll look at Brinker International, Inc.'s (NYSE:EAT) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Brinker International Inc (NYSE:EAT)'s Return on Capital

This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Thus, to understand how your money can grow by investing in Brinker International, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … What is Return on Capital Employed (ROCE)?

Simply Wall St -

How Do Analysts See Brinker International Inc (NYSE:EAT) Performing Over The Next Year?

Looking at Brinker International Inc's (NYSE:EAT) earnings update in June 2018,. … the consensus outlook from analysts appear fairly confident, … with earnings expected to grow by 16% in the upcoming year

Simply Wall St -

Estimating The Intrinsic Value Of Brinker International Inc (NYSE:EAT)

by taking the expected future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF). … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Brinker International Inc (NYSE:EAT): Is Consumer Sector An Attractive Sector Play?

operates in the consumer discretionary industry,. … whose sales are driven primarily by consumer sentiment, which is closely linked to employment and wages. … Consumer discretionary analysts are forecasting for the entire industry,

Simply Wall St -

Company Info

Description

Brinker International, Inc., together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants in the United States and internationally. As of June 27, 2018, it owned, operated, or franchised 1,686 restaurants comprising 997 company-owned restaurants and 689 franchised restaurants under the Chili’s Grill & Bar and Maggiano’s Little Italy brand names. The company was founded in 1975 and is based in Dallas, Texas.

Details
Name: Brinker International, Inc.
EAT
Exchange: NYSE
Founded: 1975
$1,632,750,000
37,500,000
Website: http://www.brinker.com
Address: Brinker International, Inc.
6820 LBJ Freeway,
Dallas,
Texas, 75240,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE EAT Common Stock New York Stock Exchange US USD 06. Jan 1984
DB BKJ Common Stock Deutsche Boerse AG DE EUR 06. Jan 1984
Number of employees
Current staff
Staff numbers
58,478
Brinker International employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:33
End of day share price update: 2019/03/19 00:00
Last estimates confirmation: 2019/03/19
Last earnings filing: 2019/02/01
Last earnings reported: 2018/12/26
Last annual earnings reported: 2018/06/27


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.