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Brinker International

DB:BKJ
Snowflake Description

6 star dividend payer and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BKJ
DB
$392M
Market Cap
  1. Home
  2. DE
  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 67 days ago. More info.


Add to Portfolio Compare Print
  • Brinker International has significant price volatility in the past 3 months.
BKJ Share Price and Events
7 Day Returns
-27%
DB:BKJ
-6.8%
DE Hospitality
-0.6%
DE Market
1 Year Returns
-76.4%
DB:BKJ
-48.1%
DE Hospitality
-20.9%
DE Market
BKJ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Brinker International (BKJ) -27% -66.9% -75.3% -76.4% -76.8% -83.8%
DE Hospitality -6.8% -31.3% -57.6% -48.1% -63.2% -70.6%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • BKJ underperformed the Hospitality industry which returned -48.1% over the past year.
  • BKJ underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
BKJ
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

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

DB:BKJ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 19 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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 DB:BKJ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.78
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.782 (1 + (1- 21%) (661.99%))
3.594
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:BKJ 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.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:BKJ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 189.73 Analyst x3 171.72
2021 161.16 Analyst x2 132.01
2022 222.00 Analyst x1 164.58
2023 214.00 Analyst x1 143.59
2024 212.00 Analyst x1 128.74
2025 210.47 Est @ -0.72% 115.68
2026 209.17 Est @ -0.62% 104.05
2027 208.01 Est @ -0.55% 93.65
2028 206.96 Est @ -0.5% 84.33
2029 205.99 Est @ -0.47% 75.97
Present value of next 10 years cash flows $1,214.00
DB:BKJ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $205.99 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$1,885.93
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,885.93 ÷ (1 + 10.49%)10
$695.50
DB:BKJ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,214.00 + $695.50
$1,909.50
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,909.50 / 37.41
$51.05
DB:BKJ Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:BKJ represents 0.8787x of NYSE:EAT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.8787x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 51.05 x 0.8787
€44.85
Value per share (EUR) From above. €44.85
Current discount Discount to share price of €9.20
= -1 x (€9.20 - €44.85) / €44.85
79.5%

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

Current Discount
Amount off the current price Brinker International is available for.
Intrinsic value
>50%
Share price is €9.2 vs Future cash flow value of €44.85
Current Discount Checks
For Brinker International to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Brinker International's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Brinker International's share price is below the future cash flow value, and at a substantial discount (> 40%).
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
DB:BKJ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-25) in USD $3.72
NYSE:EAT Share Price ** NYSE (2020-04-03) in USD $10.47
Germany Hospitality Industry PE Ratio Median Figure of 9 Publicly-Listed Hospitality Companies 21.1x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

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

** Primary Listing of Brinker International.

DB:BKJ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 10.47 ÷ 3.72

2.81x

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 DE Hospitality industry average.
  • Brinker International is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Brinker International's expected growth come at a high price?
Raw Data
DB:BKJ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts
29.9%per year
Europe Hospitality Industry PEG Ratio Median Figure of 63 Publicly-Listed Hospitality Companies 0.96x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

DB:BKJ PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 2.81x ÷ 29.9%

0.09x

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

  • Brinker International is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Brinker International's assets?
Raw Data
DB:BKJ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-25) in USD $-15.21
NYSE:EAT Share Price * NYSE (2020-04-03) in USD $10.47
Germany Hospitality Industry PB Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 1.73x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:BKJ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 10.47 ÷ -15.21

-0.69x

* 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 DE 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 5/6, 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 19 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
29.9%
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 growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Brinker International's earnings growth is expected to exceed the Germany market average.
  • Brinker International's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:BKJ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:BKJ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts 29.9%
DB:BKJ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts 4.1%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 28.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
DB:BKJ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:BKJ Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-06-30
2023-06-30 3,588 155 1
2022-06-30 3,548 324 137 11
2021-06-30 3,475 307 93 18
2020-06-30 3,252 276 49 19
2020-04-05
DB:BKJ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-25 3,329 299 139
2019-09-25 3,250 250 143
2019-06-26 3,218 213 155
2019-03-27 3,201 197 152
2018-12-26 3,174 221 149
2018-09-26 3,150 284 142
2018-06-27 3,135 285 126
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

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Brinker International's earnings are expected to grow significantly at over 20% yearly.
  • Brinker International's revenue is expected to grow by 4.1% 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
DB:BKJ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below

All data from Brinker International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BKJ Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-06-30
2023-06-30
2022-06-30 3.73 4.79 1.75 6.00
2021-06-30 3.06 4.89 -0.08 12.00
2020-06-30 1.73 4.35 -2.50 11.00
2020-04-05
DB:BKJ Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-25 3.72
2019-09-25 3.82
2019-06-26 4.04
2019-03-27 3.83
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

*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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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 4/6, 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 is negative, it can't be compared to the 5-year average.
  • Brinker International's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
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 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BKJ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-25 3,328.70 139.30 152.50
2019-09-25 3,250.10 143.40 153.30
2019-06-26 3,217.90 154.90 149.10
2019-03-27 3,200.90 152.00 143.90
2018-12-26 3,174.10 149.10 139.80
2018-09-26 3,149.80 142.40 137.50
2018-06-27 3,135.40 125.90 136.00
2018-03-28 3,128.96 132.68 132.91
2017-12-27 3,127.10 128.15 132.14
2017-09-27 3,131.75 137.49 132.58
2017-06-28 3,150.80 150.80 132.80
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

*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 DE Hospitality industry average last year based on Return on Assets.
  • Brinker International's use of capital deteriorated 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 1/6, 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 3 months ago.

DB:BKJ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-25 -568.90 1,215.40 12.00
2019-09-25 -585.10 1,240.20 29.00
2019-06-26 -778.20 1,167.90 13.40
2019-03-27 -814.20 1,187.50 12.20
2018-12-26 -855.20 1,230.30 16.20
2018-09-26 -815.90 1,119.00 11.00
2018-06-27 -718.30 1,463.70 10.90
2018-03-28 -608.54 1,325.34 13.40
2017-12-27 -552.86 1,328.91 14.73
2017-09-27 -539.03 1,317.49 8.95
2017-06-28 -493.68 1,284.06 9.06
2017-03-29 -498.70 1,293.63 9.04
2016-12-28 -530.59 1,383.21 34.06
2016-09-28 -551.07 1,408.04 34.16
2016-06-29 -225.58 1,076.72 31.45
2016-03-23 -243.66 1,139.96 68.99
2015-12-23 -164.93 1,120.95 71.29
2015-09-23 -108.14 1,088.93 66.03
2015-06-24 -78.46 970.83 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
  • 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 well covered by operating cash flow (24.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.7x 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 2/6, 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
14.52%
Current annual income from Brinker International dividends. Estimated to be 13.54% next year.
If you bought €2,000 of Brinker International shares you are expected to receive €290 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 Germany (1.7%).
  • Brinker International's dividend is above the markets top 25% of dividend payers in Germany (4.86%).
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
DB:BKJ 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 19 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 11.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

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

DB:BKJ Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-06-30
2023-06-30
2022-06-30 1.39 4.00
2021-06-30 1.33 7.00
2020-06-30 1.51 8.00
2020-04-05
DB:BKJ Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-01-29 1.520 7.500
2019-08-13 1.520 3.596
2019-04-30 1.520 3.817
2019-02-01 1.520 3.467
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

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 (2.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x 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 0.9%) - 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 6/6, 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 $9,953,912
AGE 60
TENURE AS CEO 7.3 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 President of Grill & Bar at Brinker International, Inc. and was its Interim President 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 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. 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.

CEO Compensation
  • Wyman's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Wyman's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

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

3.1
Average Tenure
56
Average Age
  • The tenure for the Brinker International management team is about average.
Management Team

Wyman Roberts

TITLE
CEO, President & Non-Independent Director
COMPENSATION
$10M
AGE
60
TENURE
7.3 yrs

Joe Taylor

TITLE
Executive VP & CFO
COMPENSATION
$1M
AGE
60
TENURE
2.7 yrs

Rick Badgley

TITLE
Executive VP & Chief Administrative Officer
COMPENSATION
$978K
AGE
51
TENURE
0.6 yrs

Steve Provost

TITLE
Executive Vice President & Chief Concept Officer for Chili’s® Grill & Bar
COMPENSATION
$2M
AGE
59
TENURE
11 yrs

Kelly Baltes

TITLE
Executive VP & President of Maggiano’s Little Italy
COMPENSATION
$1M
AGE
53
TENURE
1.8 yrs

Mika Ware

TITLE
VP of Finance & Investor Relations

Charlie Lousignont

TITLE
Senior VP & Chief Supply Chain Officer
AGE
60
TENURE
5.4 yrs

Doug Comings

TITLE
Senior VP & COO for Chili's Grill & Bar
AGE
46
TENURE
3.8 yrs

Larry Konecny

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

Wade Allen

TITLE
Senior VP & Chief Digital Officer
AGE
42
TENURE
2.3 yrs
Board of Directors Tenure

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

6.4
Average Tenure
60
Average Age
  • The tenure for the Brinker International board of directors is about average.
Board of Directors

Joe DePinto

TITLE
Independent Chairman of the Board
COMPENSATION
$375K
AGE
56
TENURE
6.4 yrs

Wyman Roberts

TITLE
CEO, President & Non-Independent Director
COMPENSATION
$10M
AGE
60
TENURE
7.2 yrs

George Mrkonic

TITLE
Independent Vice Chairman
COMPENSATION
$219K
AGE
67

Harriet Edelman

TITLE
Independent Director
COMPENSATION
$225K
AGE
63
TENURE
12.1 yrs

Bill Giles

TITLE
Independent Director
COMPENSATION
$232K
AGE
60
TENURE
7.1 yrs

Jim Katzman

TITLE
Independent Director
COMPENSATION
$207K
AGE
51
TENURE
2.3 yrs

Prashant Ranade

TITLE
Independent Director
COMPENSATION
$46K
AGE
66
TENURE
1 yrs

Cindy Davis

TITLE
Independent Director
COMPENSATION
$185K
AGE
57
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Brinker International individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
12. Mar 20 Buy Kelly Baltes Individual 11. Mar 20 11. Mar 20 1,000 €19.16 €19,157
10. Mar 20 Buy Kelly Baltes Individual 09. Mar 20 09. Mar 20 1,000 €22.12 €22,124
09. Mar 20 Buy Prashant Ranade Individual 05. Mar 20 05. Mar 20 600 €28.47 €17,084
09. Mar 20 Buy Kelly Baltes Individual 06. Mar 20 06. Mar 20 500 €25.79 €12,893
02. Mar 20 Buy Wyman Roberts Individual 02. Mar 20 02. Mar 20 4,425 €30.40 €134,517
02. Mar 20 Buy Joseph Taylor Individual 28. Feb 20 28. Feb 20 2,500 €30.98 €77,450
27. Feb 20 Buy Kelly Baltes Individual 25. Feb 20 26. Feb 20 1,000 €35.55 €34,460
05. Sep 19 Sell Michaela Ware Individual 04. Sep 19 04. Sep 19 -968 €35.74 €-34,597
23. Aug 19 Buy Kelly Baltes Individual 20. Aug 19 20. Aug 19 1,550 €34.26 €53,110
20. Aug 19 Buy Kelly Baltes Individual 16. Aug 19 16. Aug 19 850 €34.25 €29,109
20. Aug 19 Sell Wade Allen Individual 19. Aug 19 19. Aug 19 -725 €35.82 €-25,971
09. May 19 Buy Kelly Baltes Individual 08. May 19 08. May 19 800 €37.53 €30,020
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

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 September 25, 2019, it owned, operated, or franchised 1,672 restaurants comprising 1,619 restaurants under the Chili's Grill & Bar name and 53 restaurants under the Maggiano’s Little Italy brand name. The company was founded in 1975 and is based in Dallas, Texas.

Details
Name: Brinker International, Inc.
BKJ
Exchange: DB
Founded: 1975
$363,020,096
37,406,847
Website: http://www.brinker.com
Address: Brinker International, Inc.
3000 Olympus Boulevard,
Dallas,
Texas, 75019,
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
BRSE BKJ Common Stock Berne Stock Exchange CH CHF 06. Jan 1984
Number of employees
Current staff
Staff numbers
56,147
Brinker International employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 21:36
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/04/03
Last earnings filing: 2020/01/29
Last earnings reported: 2019/12/25
Last annual earnings reported: 2019/06/26


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.