Brinker International, Inc. is an American hospitality company that owns, operates, and franchises casual dining restaurants. The company's primary brands are Chili's Grill & Bar and Maggiano's Little Italy, with a global footprint of over 1,600 locations across the United States and nearly 30 other countries. Brinker generates the vast majority of its revenue from company-owned restaurant sales, supplemented by franchise royalties, and focuses on value-driven menu offerings and off-premise dining channels.
Financial Statements
In thousands, USD
FY 2026
FY 2025
FY 2024
FY 2023
Total Revenues
5,807,400
5,384,200
4,415,100
4,133,200
Cost of Sales
4,724,500
4,401,800
3,787,800
3,633,100
Gross Profit
1,082,900
982,400
627,300
500,100
Selling, General & Administrative Expenses
235,700
222,000
183,700
154,500
Depreciation & Amortization Expenses
218,700
206,600
170,800
168,500
Other Operating Expenses
8,600
41,800
43,200
32,700
Operating Profit
619,900
512,000
229,600
144,400
Interest Expense
(40,500)
(53,100)
(65,000)
(54,900)
Non-Operating Income
1,500
1,100
300
1,300
Total Non-Operating Income
(39,000)
(52,000)
(64,700)
(53,600)
Income Before Provision for Income Taxes
580,900
460,000
164,900
90,800
Provision for Income Taxes
93,900
76,900
9,600
(11,800)
Consolidated Net Income
487,000
383,100
155,300
102,600
Net Income Attributable to Common Shareholders
487,000
383,100
155,300
102,600
Basic EPS
11.16
8.60
3.49
2.33
Diluted EPS
10.87
8.32
3.40
2.28
Basic Weighted Average Shares Outstanding
43,600
44,600
44,400
44,100
Diluted Weighted Average Shares Outstanding
44,800
46,100
45,700
45,000
Shares Outstanding
42,888
44,500
45,000
44,600
FY 2026
FY 2025
FY 2024
FY 2023
Cash and Cash Equivalents
—
18,900
64,600
15,100
Total Cash and Cash Equivalents
—
18,900
64,600
15,100
Accounts Receivable
—
73,400
60,600
60,900
Total Trade Receivables
—
73,400
60,600
60,900
Inventories
—
35,200
34,500
34,500
Other Current Assets
—
79,500
74,400
72,800
Total Current Assets
307,700
207,000
234,100
183,300
Net Property, Plant & Equipment
2,173,300
2,101,800
1,974,900
1,943,200
Net Intangible Assets
—
17,400
19,900
23,900
Goodwill
—
194,700
194,800
195,000
Other Long-Term Assets
(1,205,900)
157,700
169,400
141,600
Total Assets
2,815,000
2,678,600
2,593,100
2,487,000
Accounts Payable
—
168,500
160,600
125,700
Accrued Expenses
—
328,800
275,500
222,400
Current Portion of Leases
—
114,600
114,100
112,400
Unearned Revenue
—
57,200
64,800
73,000
Other Current Liabilities
—
6,500
7,300
2,400
Total Current Liabilities
676,700
675,600
622,300
535,900
Long-Term Debt
419,700
426,000
786,300
912,200
Leases
1,194,300
1,135,300
1,084,500
1,125,800
Other Long-Term Liabilities
80,600
70,800
60,600
57,400
Total Long-Term Liabilities
1,694,600
1,632,100
1,931,400
2,095,400
Total Liabilities
2,371,300
2,307,700
2,553,700
2,631,300
Common Stock
—
6,000
6,000
6,000
Treasury Stock
—
(529,700)
(471,500)
(482,400)
Additional Paid-in Capital
—
714,500
707,800
690,000
Accumulated Other Comprehensive Income
—
(6,400)
(6,300)
(6,000)
Retained Earnings
—
186,500
(196,600)
(351,900)
Total Common Shareholders' Equity
—
370,900
39,400
(144,300)
Total Shareholders' Equity
—
370,900
39,400
(144,300)
Total Liabilities and Shareholders' Equity
2,815,000
2,678,600
2,593,100
2,487,000
FY 2026
FY 2025
FY 2024
FY 2023
Net Income
487,000
383,100
155,300
102,600
Depreciation & Amortization
218,700
206,600
170,800
168,500
Share-Based Compensation Expense
32,200
31,400
25,900
14,400
Other Adjustments
56,400
52,600
14,400
(2,400)
Changes in Trade Receivables
—
(12,900)
(600)
700
Changes in Inventories
—
(2,200)
(1,000)
(1,100)
Changes in Accounts Payable
—
(7,600)
30,800
(5,800)
Changes in Accrued Expenses
—
37,900
46,400
4,700
Changes in Income Taxes Payable
—
(500)
4,000
8,000
Changes in Unearned Revenue
—
(7,600)
(8,200)
(10,900)
Changes in Other Operating Activities
—
(500)
(15,400)
(22,400)
Cash from Operating Activities
789,400
679,000
421,900
256,300
Capital Expenditure
(231,900)
(265,300)
(198,900)
(184,900)
Proceeds from Sale of Property, Plant & Equipment
400
1,000
4,700
5,500
Other Investing Activities
500
900
2,000
5,200
Cash from Investing Activities
(231,000)
(263,400)
(192,200)
(174,200)
Issuance of Short-Term Debt
650,000
885,000
389,000
765,000
Repayments of Short-Term Debt
(650,000)
(885,000)
(550,300)
(875,000)
Net Issuance / (Repayments) of Short-Term Debt
0
0
(161,300)
(110,000)
Issuance of Long-Term Debt
—
—
—
350,000
Repayments of Long-Term Debt
(24,100)
(375,800)
(20,100)
(322,100)
Net Issuance / (Repayments) of Long-Term Debt
(24,100)
(375,800)
(20,100)
27,900
Issuance of Common Shares
700
8,300
27,900
12,500
Repurchases of Common Shares
(443,900)
(90,200)
(25,800)
(5,000)
Net Issuance / (Repurchases) of Common Shares
(443,200)
(81,900)
2,100
7,500
Common Share Dividends Paid
—
—
(200)
(600)
Other Financing Activities
—
(3,600)
(700)
(5,300)
Cash from Financing Activities
(467,300)
(461,300)
(180,200)
(80,500)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash