BRINKER INTERNATIONAL, INC(EAT)Stock Analysis
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Rank #149 of 2,879 stocksTOP 10%
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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
EAT Stock Analysis & AI Quality Score
AI stock analysis and institutional research for BRINKER INTERNATIONAL, INC (EAT), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores EAT at 74.7/100 on a 32-signal composite quality model, placing it at rank #149 of 2,879 stocks — the top 10% of the AI-ranked universe. EAT scores in the top quartile across balance sheet strength (95.4), earnings quality (90.4), revenue scale (79.8). Areas of concern include institutional flow (39.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q3 2026), BRINKER INTERNATIONAL, INC reports quarterly revenue of $1.5B, net income of $127.9M, an operating margin of 11.3%. Top institutional holders of EAT by reported 13-F value include BlackRock,, FMR, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. EAT trades on the NYSE exchange and files with the SEC under CIK 703351. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate EAT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for BRINKER INTERNATIONAL, INC directly from SEC EDGAR. BRINKER INTERNATIONAL, INC's 13F Pro composite quality score has ranged between 36 and 75 since 2021, currently 74.7 — an improving long-term trajectory across 30 quarterly and live scoring snapshots.
What's Driving EAT's Business? Latest 10-Q Breakdown
AI-extracted from BRINKER INTERNATIONAL, INC's 10-Q filed 2026-04-29 — Q3 FY2026 (quarter ended March 25, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q3 revenues grew 3.2% YoY to $1,470.2M; Chili's comparable restaurant sales up 4.0%, while Maggiano's declined 4.6% due to traffic headwinds and banquet charge elimination.
Biggest Revenue Drivers
Total revenue: $1,470.2M+3.2% YoY
Comparable restaurant sales up 4.0% from menu pricing and favorable mix, partially offset by 1.2% traffic decline.
Comparable restaurant sales down 4.6% driven by 10.4% traffic decline and restaurant closures; banquet income reduction from elimination of service charges.
Largest Expense Items
Unfavorable commodity inflation in meat, seafood, poultry (1.3% of sales), partially offset by 1.2% menu pricing benefit.
Favorable 0.6% as percentage of sales despite wage inflation; sales leverage partially offset higher manager salaries and health insurance.
Unfavorable 0.5% as percentage of sales from higher repairs, delivery fees, rent; partially offset by sales leverage.
Higher payroll and corporate technology initiatives offset by lower professional fees and performance-based compensation.
Margins: Operating income increased 6.2% to $166.6M as comparable restaurant sales growth and favorable pricing more than offset commodity cost inflation and wage pressure. Operating margin expanded to 11.3% from 11.0% YoY, driven by sales leverage in restaurant labor and modest improvement in food costs as a percentage of sales.
Watch Items from the Filing
- Maggiano's segment revenue declined 11.1% in Q3 with traffic down 10.4%; segment operating income fell to $4.6M from $10.7M YoY, signaling continued brand challenges despite Back to Maggiano's turnaround strategy.
- Management is actively assessing early redemption of $350M 8.25% notes callable July 15, 2026; early redemption premium ranges from 4.125% to 2.063% if redeemed before July 15, 2028.
- Outstanding lease guarantees on divested brands total $9.0M (down from $11.9M); company has received default notices on certain leases where current lessees failed to pay rent obligations.
- Commodity cost pressures persisted with meat and seafood inflation driving 1.3% unfavorable impact; company relying on menu pricing (4.7% benefit) to offset, risking traffic elasticity.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q3 2026
$1.5B
Net Income
Q3 2026
$127.9M
Free Cash Flow
Q3 2026
$180.9M
Operating Margin
Q3 2026
11.3%
D/E Ratio
Q3 2026
1.10
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+21.9% YoYNet Income
+146.7% YoYOperating Income
+123.0% YoYEPS (Diluted)
+144.7% YoYTotal Assets
+3.3% YoYTotal Debt
-44.6% YoYOp. Cash Flow
+60.9% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $5.38B +21.9% | $4.42B +6.8% | $4.13B +8.7% | $3.80B +14.0% | $3.34B +8.4% | $3.08B |
| Net Income | $383.1M +146.7% | $155.3M +51.4% | $102.6M -12.8% | $117.6M -10.6% | $131.6M +439.3% | $24.4M |
| Operating Income | $512.0M +123.0% | $229.6M +59.0% | $144.4M -9.5% | $159.5M -20.0% | $199.3M +218.4% | $62.6M |
| EPS (Diluted) | $8.32 +144.7% | $3.40 +49.1% | $2.28 -11.6% | $2.58 -8.8% | $2.83 +349.2% | $0.63 |
| Total Assets | $2.68B +3.3% | $2.59B +4.3% | $2.49B +0.1% | $2.48B +9.2% | $2.27B -3.4% | $2.36B |
| Total Debt | $443.6M -44.6% | $800.4M -13.2% | $922.4M -8.6% | $1.01B +7.5% | $939.4M -23.0% | $1.22B |
| Operating Cash Flow | $679.0M +60.9% | $421.9M +64.6% | $256.3M +1.6% | $252.2M -31.8% | $369.7M +50.9% | $245.0M |
AI Insight: EAT Financial Trends
Brinker achieved consistent revenue growth and strengthened its balance sheet, reducing total debt from $800M to $448M over eight quarters.
• Revenue grew from $1,208M in Q2 2024 to $1,470M in Q1 2026, showing sustained momentum.
• Total debt declined from $800M in Q2 2024 to $448M in Q1 2026, improving financial flexibility.
• Equity strengthened dramatically from $39M in Q2 2024 to $406M in Q1 2026.
• Operating cash flow remained strong at $232M in Q1 2026 despite seasonal variations.
⚠ Operating income margin compressed from 11.5% in Q4 2025 to 11.4% in Q1 2026.
⚠ Net income growth has plateaued around $120-130M range over recent quarters.
AI Insight: EAT Ratio Trends
Operating margins surged from 5.0% in Q3 2024 to 11.3% in Q1 2026, while debt-to-equity plummeted from 20.31 to 1.10.
• Operating margin expanded dramatically from 5.0% in Q3 2024 to 11.3% in Q1 2026.
• Debt-to-equity ratio collapsed from 20.31 in Q2 2024 to 1.10 in Q1 2026.
• ROIC more than doubled from 27.0% in Q3 2024 to 78.0% in Q1 2026.
• Net profit margin improved from 3.4% in Q3 2024 to 8.7% in Q1 2026.
⚠ ROIC declined from peak of 78.5% in Q4 2025 to 78.0% in Q1 2026.
⚠ Operating margin dipped sequentially from 11.6% in Q4 2025 to 11.3% in Q1 2026.
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Top Institutional Holders of EAT
BlackRock, Inc.
$940.0M6,583,952 shFMR LLC
$931.9M6,527,171 shVANGUARD PORTFOLIO MANAGEMENT LLC
$351.6M2,462,631 shVANGUARD CAPITAL MANAGEMENT LLC
$278.1M1,947,845 shSTATE STREET CORP
$241.2M1,689,640 shARROWSTREET CAPITAL, LIMITED PARTNERSHIP
$167.1M1,170,612 shCapital World Investors
$163.0M1,141,432 shHolocene Advisors, LP
$162.9M1,141,033 shCITADEL ADVISORS LLC
$161.5M1,131,514 shPoint72 Asset Management, L.P.
$160.5M1,124,008 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $940.0M | 6,583,952 |
| FMR LLC | $931.9M | 6,527,171 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $351.6M | 2,462,631 |
| VANGUARD CAPITAL MANAGEMENT LLC | $278.1M | 1,947,845 |
| STATE STREET CORP | $241.2M | 1,689,640 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $167.1M | 1,170,612 |
| Capital World Investors | $163.0M | 1,141,432 |
| Holocene Advisors, LP | $162.9M | 1,141,033 |
| CITADEL ADVISORS LLC | $161.5M | 1,131,514 |
| Point72 Asset Management, L.P. | $160.5M | 1,124,008 |
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Is EAT a good stock to buy?
13F Pro's AI-powered analysis of BRINKER INTERNATIONAL, INC (EAT) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for EAT are available on the EAT stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own EAT?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling EAT. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of BRINKER INTERNATIONAL, INC's investment landscape.