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EAT

BRINKER INTERNATIONAL, INC.
CIK 0000703351 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
68.9
composite ยท 4 signals ยท ELEVATED

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-05 ยท FY 2025-06-25 ยท ELEVATED91.3

Tax arbitrage

ETR 16.7% vs 21% statutory โ€” gap persistent across 2 of 3 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-15) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-06-25": 0.1672,
    "2024-06-26": 0.0582,
    "2023-06-28": -0.13
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-06-25": 0.0428,
    "2024-06-26": 0.1518,
    "2023-06-28": 0.34
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-06-25",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/703351/000070335125000035/0000703351-25-000035-index.htm",
    "form": "10-K",
    "filed": "2025-08-15"
  }
}
P-13 ยท FY 2025-06-25 ยท ELEVATED20.0

Zombie / distress

Altman Z'' 0.94 in the distress zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-15) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-06-25": 9.642,
    "2024-06-26": 3.532,
    "2023-06-28": 2.63,
    "2022-06-29": 3.46
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 0.94,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": 512000000,
    "interest_expense_t": 53100000
  },
  "stale": false,
  "latest_filing_period": "2025-06-25",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/703351/000070335125000035/0000703351-25-000035-index.htm",
    "form": "10-K",
    "filed": "2025-08-15"
  }
}
P-01 ยท FY 2025-06-25 ยท CLEAN18.9

Earnings quality

Beneish M-Score -2.84 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-15) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.837,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.993,
    "GMI": 1,
    "AQI": 0.994,
    "SGI": 1.219,
    "DEPI": 0.908,
    "SGAI": 1,
    "LVGI": 1.051,
    "TATA": -0.11
  },
  "defaulted_to_neutral": [
    "GMI",
    "SGAI"
  ],
  "sloan_accruals": -0.1123,
  "inputs": {
    "revenue_t": 5384200000,
    "revenue_t1": 4415100000,
    "total_assets_t": 2678600000,
    "net_income_t": 383100000,
    "cfo_t": 679000000
  },
  "stale": false,
  "latest_filing_period": "2025-06-25",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/703351/000070335125000035/0000703351-25-000035-index.htm",
    "form": "10-K",
    "filed": "2025-08-15"
  }
}
P-12 ยท FY 2025-06-25 ยท CLEAN10.6

Restatement predictor

F-Score 0.32 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-15) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.317,
  "probability": 0.00117,
  "components": {
    "rsst": -0.1123,
    "drec": 0.0049,
    "dinv": 0.0003,
    "soft": 0.6373,
    "dcs": 0.2166,
    "droa": 0.0831,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-06-25",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/703351/000070335125000035/0000703351-25-000035-index.htm",
    "form": "10-K",
    "filed": "2025-08-15"
  }
}