Discounted Cash Flow

Brinker International, Inc.

EAT · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $3.3b $200.7m $281.9m 6.2% $3.47
2017 $3.2b (-3.3%) $150.8m (-24.9%) $210.3m (-25.4%) 4.8% (-22.3%) $2.98 (-14.1%)
2018 $3.1b (-0.5%) $125.9m (-16.5%) $183.2m (-12.9%) 4.0% (-16.1%) $2.75 (-7.7%)
2019 $3.2b (2.6%) $154.9m (23.1%) $45.1m (-75.4%) 4.8% (19.9%) $4.04 (46.9%)
2020 $3.1b (-4.3%) $24.4m (-84.2%) $140.5m (211.5%) 0.8% (-83.5%) $0.64 (-84.2%)
2021 $3.3b (8.4%) $131.6m (439.3%) $275.7m (96.2%) 3.9% (397.4%) $2.89 (351.6%)
2022 $3.8b (14.0%) $117.6m (-10.6%) $101.9m (-63.0%) 3.1% (-21.6%) $2.62 (-9.3%)
2023 $4.1b (8.7%) $102.6m (-12.8%) $71.4m (-29.9%) 2.5% (-19.7%) $2.33 (-11.1%)
2024 $4.4b (6.8%) $155.3m (51.4%) $223.0m (212.3%) 3.5% (41.7%) $3.49 (49.8%)
2025 $5.4b (21.9%) $383.1m (146.7%) $413.7m (85.5%) 7.1% (102.3%) $8.60 (146.4%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model