Brinker International, Inc. (EAT) Key Metrics

NYSE: EATValuation, returns, debt and efficiency ratios over 10 years.

EAT valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$8.55B
Enterprise value
$10.45B
P/E (TTM)
18.8
10-yr median 16.8
Forward P/E
16.2
PEG ratio
1.88
Price / sales
1.5
10-yr median 0.7
Price / book
19.8
10-yr median 22.4
EV / EBITDA
12.4
10-yr median 11.5
Dividend yield
—
Beta
1.26

EAT key metrics, FY2017–FY2026

Fiscal year ended June 30, 2026 · U.S. dollars

EAT valuation Price multiples at each fiscal year-end price.

P/E ratio−28.8%
15.5
FY2026 · hover or tap a bar for each year
FY2017: 12.9 (−2.7%)FY2018: 17.5 (+35.2%)FY2019: 9.9 (−43.3%)FY2020: 38.3 (+285.2%)FY2021: 21.9 (−42.8%)FY2022: 8.5 (−61.0%)FY2023: 16.1 (+87.9%)FY2024: 21.3 (+32.7%)FY2025: 21.7 (+1.9%)FY2026: 15.5 (−28.8%)
FY2017FY2026
Price / sales−16.1%
1.3
FY2026 · hover or tap a bar for each year
FY2017: 0.6 (−24.4%)FY2018: 0.7 (+13.4%)FY2019: 0.5 (−32.0%)FY2020: 0.3 (−36.6%)FY2021: 0.9 (+184.7%)FY2022: 0.3 (−69.4%)FY2023: 0.4 (+50.9%)FY2024: 0.7 (+88.0%)FY2025: 1.5 (+106.1%)FY2026: 1.3 (−16.1%)
FY2017FY2026
Price / book−24.3%
17.0
FY2026 · hover or tap a bar for each year
FY2024: 84.0FY2025: 22.4 (−73.3%)FY2026: 17.0 (−24.3%)
FY2017FY2026
EV / EBITDA−21.3%
10.9
FY2026 · hover or tap a bar for each year
FY2017: 7.9 (−0.5%)FY2018: 9.7 (+23.7%)FY2019: 7.2 (−25.9%)FY2020: 14.5 (+101.4%)FY2021: 13.9 (−3.9%)FY2022: 10.0 (−28.1%)FY2023: 12.1 (+20.4%)FY2024: 13.1 (+8.4%)FY2025: 13.9 (+6.1%)FY2026: 10.9 (−21.3%)
FY2017FY2026
Price / free cash flow−32.8%
13.5
FY2026 · hover or tap a bar for each year
FY2017: 9.2 (−3.1%)FY2018: 12.0 (+31.0%)FY2019: 34.1 (+183.5%)FY2020: 6.6 (−80.5%)FY2021: 10.5 (+57.3%)FY2022: 9.9 (−5.7%)FY2023: 23.1 (+134.0%)FY2024: 14.8 (−35.7%)FY2025: 20.1 (+35.5%)FY2026: 13.5 (−32.8%)
FY2017FY2026
Free cash flow yield+2.4 pts
7.4%
FY2026 · hover or tap a bar for each year
FY2017: 10.9% (+0.3 pts)FY2018: 8.3% (−2.6 pts)FY2019: 2.9% (−5.4 pts)FY2020: 15.0% (+12.1 pts)FY2021: 9.6% (−5.5 pts)FY2022: 10.1% (+0.6 pts)FY2023: 4.3% (−5.8 pts)FY2024: 6.7% (+2.4 pts)FY2025: 5.0% (−1.8 pts)FY2026: 7.4% (+2.4 pts)
FY2017FY2026

EAT valuation history

Fiscal year-endToday10-year median

EAT returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

EAT debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

EAT cash returned to shareholders

DividendsBuybacksFree cash flow

EAT price vs earnings per share

Share price at year-endEPS (right axis)

EAT key metrics

FY2017–FY2026
Brinker International, Inc. key metrics by fiscal year
FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Valuation
Market capitalization$7.53B$8.31B$3.31B$1.65B$1.00B$2.88B$933.6M$1.54B$2.20B$1.95B
Enterprise value$9.17B$9.99B$5.24B$3.79B$3.26B$4.90B$3.29B$2.74B$3.70B$3.27B
P/E ratio15.521.721.316.18.521.938.39.917.512.9
Price / sales1.31.50.70.40.30.90.30.50.70.6
Price / book17.022.484.0———————
Price / free cash flow13.520.114.823.19.910.56.634.112.09.2
Price / operating cash flow9.512.27.86.44.07.83.87.27.76.2
EV / sales1.61.91.20.90.91.51.10.91.21.0
EV / EBITDA10.913.913.112.110.013.914.57.29.77.9
EV / free cash flow16.524.123.553.132.017.823.460.820.215.4
Earnings yield6.5%4.6%4.7%6.2%11.7%4.6%2.6%10.1%5.7%7.7%
Free cash flow yield7.4%5.0%6.7%4.3%10.1%9.6%15.0%2.9%8.3%10.9%
Dividend yield0.0%0.0%0.0%0.0%0.1%0.1%6.1%3.9%3.2%3.6%
Shareholder yield (dividends + buybacks)5.9%1.1%0.8%0.3%10.2%0.2%9.6%14.8%16.9%22.6%
Share price at fiscal year-end$168.00$180.33$72.39$36.60$22.03$61.85$24.00$39.35$47.60$38.10
Per share
Revenue per share$129.63$116.79$96.61$91.85$83.42$71.63$79.14$82.30$67.72$61.48
Earnings per share$10.87$8.31$3.40$2.28$2.58$2.82$0.63$3.96$2.72$2.94
Operating cash flow per share$17.62$14.73$9.23$5.70$5.53$7.93$6.30$5.44$6.14$6.11
Free cash flow per share$12.44$8.97$4.88$1.59$2.23$5.92$3.61$1.15$3.96$4.15
Cash per share$2.46$0.41$1.41$0.34$0.30$0.51$1.13$0.34$0.24$0.18
Book value per share$9.90$8.05$0.86−$3.21−$5.88−$6.51−$12.32−$19.90−$15.51−$9.63
Tangible book value per share$5.22$3.44−$3.84−$8.07−$10.76−$11.00−$17.73−$24.71−$19.57−$13.37
Dividends per share$0.00$0.00$0.00$0.01$0.02$0.03$1.48$1.54$1.51$1.38
Capex per share$5.18$5.75$4.35$4.11$3.30$2.02$2.69$4.29$2.19$2.00
Debt per share$39.20$36.74$43.74$48.01$49.85$43.86$61.69$31.18$32.54$25.94
Shares outstanding44.8M46.1M45.7M45.0M45.6M46.6M38.9M39.1M46.3M51.2M
Change in shares outstanding−2.8%+0.9%+1.6%−1.3%−2.1%+19.8%−0.5%−15.6%−9.7%−12.7%
Returns & profitability
Return on equity (ROE)119.6%186.7%————————
Return on invested capital (ROIC)25.1%21.2%10.9%7.2%8.6%10.1%5.4%34.5%20.8%−22.0%
Return on assets (ROA)17.7%14.5%6.1%4.1%4.9%5.7%1.4%11.9%9.2%10.5%
Return on tangible assets18.7%15.5%6.5%4.5%5.2%6.4%1.1%14.5%10.9%12.4%
Free cash flow margin9.6%7.7%5.1%1.7%2.7%8.3%4.6%1.4%5.8%6.7%
Income quality (OCF / net income)1.621.772.722.502.142.8110.041.372.262.07
Financial health
Total debt$1.76B$1.69B$2.00B$2.16B$2.27B$2.04B$2.40B$1.22B$1.51B$1.33B
Cash & short-term investments$110.0M$18.9M$64.6M$15.1M$13.5M$23.9M$43.9M$13.4M$10.9M$9.1M
Net debt$1.65B$1.67B$1.93B$2.15B$2.26B$2.02B$2.36B$1.21B$1.50B$1.32B
Debt / equity3.964.5750.74———————
Debt / assets0.620.630.770.870.910.901.020.971.120.95
Net debt / EBITDA1.962.334.836.836.945.7410.393.163.933.17
Current ratio0.450.310.380.340.360.360.450.420.360.33
Quick ratio0.320.170.230.170.200.220.290.250.200.17
Interest coverage15.39.63.52.63.53.51.13.73.8-5.2
Working capital−$369.0M−$468.6M−$388.2M−$352.6M−$356.8M−$364.4M−$273.5M−$244.6M−$278.0M−$292.0M
Invested capital$2.09B$2.05B$1.97B$2.00B$1.99B$1.72B$1.88B$427.5M$777.5M$826.7M
Tangible asset value$233.9M$158.8M−$175.3M−$363.2M−$490.6M−$512.6M−$689.7M−$966.0M−$906.1M−$685.1M
Net current asset value−$2.06B−$2.10B−$2.32B−$2.45B−$2.55B−$2.37B−$2.61B−$1.86B−$1.91B−$1.75B
Graham number$49.22$38.79$8.12———————
Graham net-net per share−$48.07−$47.48−$52.51−$56.12−$57.90−$52.52−$69.05−$49.51−$42.74−$35.49
Capital allocation
Dividends paid$0$0$200,000$600,000$1.1M$1.5M$57.4M$60.3M$70.0M$70.8M
Share buybacks (net)$443.9M$90.2M$25.8M$5.0M$100.9M$4.2M$32.4M$167.7M$303.2M$370.9M
Dividend payout ratio0.0%0.0%0.1%0.6%0.9%1.1%235.2%38.9%55.6%46.9%
Dividends + buybacks / free cash flow79.6%21.8%11.7%7.8%100.1%2.1%63.9%505.5%203.8%207.8%
Capex / revenue4.0%4.9%4.5%4.5%4.0%2.8%3.4%5.2%3.2%3.3%
Capex / operating cash flow29.4%39.1%47.1%72.1%59.6%25.4%42.7%78.8%35.6%32.8%
Capex / depreciation1.061.281.161.100.910.630.641.140.670.66
Stock-based compensation / revenue0.6%0.6%0.6%0.3%0.5%0.5%0.5%0.5%0.5%0.5%
SG&A / revenue4.1%4.1%4.2%3.7%3.8%4.0%4.4%4.6%4.3%4.2%
Efficiency
Days sales outstanding4.94.55.05.87.69.69.37.05.75.2
Days of inventory on hand7.07.48.69.19.510.310.29.610.010.0
Days payables outstanding13.013.613.813.114.515.013.813.714.714.1
Cash conversion cycle (days)-1.1-1.7-0.21.92.75.05.72.91.01.2
Receivables turnover74.4580.3672.6862.7247.8237.9539.1452.2063.7569.81
Payables turnover28.0126.7526.4627.9525.2324.3726.3826.6624.7725.87
Inventory turnover52.0949.3542.4640.1038.3035.3435.7938.1736.3736.39
Asset turnover2.112.041.741.661.601.441.702.472.282.20
Average receivables$78.0M$67.0M$60.8M$65.9M$79.5M$88.0M$78.7M$61.6M$49.2M$45.1M
Average payables$168.7M$164.6M$143.2M$130.0M$131.0M$116.3M$101.2M$101.1M$104.5M$99.8M
Average inventory$90.7M$89.2M$89.2M$90.6M$86.3M$80.2M$74.6M$70.6M$71.1M$71.0M
Intangibles / total assets7.5%7.9%8.3%8.8%9.0%9.2%8.9%14.9%13.9%13.6%

Computed from EAT's annual financial statements (latest annual report filed August 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

EAT valuation and financial ratios

At the end of fiscal 2026 (June 30, 2026), Brinker International traded at 15.5 times earnings, against a 10-year median of 16.8. Based on the latest twelve months, the trailing P/E is 18.8 and the forward P/E is 16.2. Brinker International earned a return on equity of 119.6% and a return on invested capital of 25.1% in fiscal 2026. It ended the year with $1.8 billion of debt and $110.0 million in cash and short-term investments, net debt of $1.6 billion. It returned $443.9 million to shareholders: $0 in dividends and $443.9 million in share buybacks, 80% of free cash flow. The share count fell 12.6% from 51.2M to 44.8M over 9 years.

See the EAT income statement, the EAT chart for price history, or the EAT stock overview for the latest quote and news.

EAT key metrics FAQ

What is Brinker International's P/E ratio?

Brinker International's trailing P/E ratio is 18.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.2. At the end of fiscal 2026 it was 15.5, compared with a 10-year median of 16.8.

What is Brinker International's EV/EBITDA?

Brinker International's enterprise value was 10.9 times EBITDA at the end of fiscal 2026 (enterprise value $9.2 billion, EBITDA $840.1 million); the current EV/EBITDA is 12.4.

What is Brinker International's return on equity?

Brinker International's return on equity (ROE) was 119.6% in fiscal 2026: net income of $487.0 million on average shareholders' equity of $407.3 million. ROE is high partly because years of buybacks have reduced equity on the balance sheet.

What is Brinker International's ROIC?

Brinker International's return on invested capital was 25.1% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Brinker International have?

Brinker International had total debt of $1.8 billion at the end of fiscal 2026, a debt-to-equity ratio of 3.96 and $1.6 billion of net debt (1.96 times EBITDA).

Does Brinker International pay a dividend?

Brinker International did not pay a dividend in fiscal 2026.

Does Brinker International buy back its shares?

Yes. Brinker International spent $443.9 million on net share repurchases in fiscal 2026 Shares outstanding changed −2.8% over the year, to 44.8M..

What is Brinker International's free cash flow yield?

Brinker International generated $557.5 million of free cash flow in fiscal 2026, a free cash flow yield of 7.4% on its market value at year-end ($7.5 billion).

What is Brinker International's current ratio?

Brinker International's current ratio was 0.45 at the end of fiscal 2026: current assets were 0.45 times current liabilities.

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