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Side-by-side financial comparison of BRINKER INTERNATIONAL, INC (EAT) and ON Semiconductor (ON). Click either name above to swap in a different company.

ON Semiconductor is the larger business by last-quarter revenue ($1.6B vs $1.5B, roughly 1.1× BRINKER INTERNATIONAL, INC). ON Semiconductor runs the higher net margin — 16.4% vs 8.8%, a 7.6% gap on every dollar of revenue. On growth, BRINKER INTERNATIONAL, INC posted the faster year-over-year revenue change (6.9% vs -10.0%). ON Semiconductor produced more free cash flow last quarter ($372.4M vs $155.2M). Over the past eight quarters, BRINKER INTERNATIONAL, INC's revenue compounded faster (13.9% CAGR vs -12.3%).

Brinker International, Inc. is an American multinational hospitality industry company that owns Chili's and Maggiano's Little Italy restaurant chains. Founded in 1975 and based in Dallas, Texas, Brinker currently owns, operates, or franchises 1,672 restaurants under the names Chili's Grill & Bar and Maggiano's Little Italy worldwide.

Fairchild Semiconductor International, Inc. was an American semiconductor company based in San Jose, California. It was founded in 1957 as a division of Fairchild Camera and Instrument by the "traitorous eight" who defected from Shockley Semiconductor Laboratory. It became a pioneer in the manufacturing of transistors and of integrated circuits. Schlumberger bought the firm in 1979 and sold it to National Semiconductor in 1987; Fairchild was spun off as an independent company again in 1997. I...

EAT vs ON — Head-to-Head

Bigger by revenue
ON
ON
1.1× larger
ON
$1.6B
$1.5B
EAT
Growing faster (revenue YoY)
EAT
EAT
+16.9% gap
EAT
6.9%
-10.0%
ON
Higher net margin
ON
ON
7.6% more per $
ON
16.4%
8.8%
EAT
More free cash flow
ON
ON
$217.2M more FCF
ON
$372.4M
$155.2M
EAT
Faster 2-yr revenue CAGR
EAT
EAT
Annualised
EAT
13.9%
-12.3%
ON

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
EAT
EAT
ON
ON
Revenue
$1.5B
$1.6B
Net Profit
$128.5M
$255.0M
Gross Margin
37.9%
Operating Margin
11.6%
17.0%
Net Margin
8.8%
16.4%
Revenue YoY
6.9%
-10.0%
Net Profit YoY
8.4%
-32.9%
EPS (diluted)
$2.86
$0.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EAT
EAT
ON
ON
Q4 25
$1.5B
$1.6B
Q3 25
$1.3B
$1.5B
Q2 25
$1.5B
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
$1.7B
Q3 24
$1.1B
$1.8B
Q2 24
$1.2B
$1.7B
Q1 24
$1.1B
$1.9B
Net Profit
EAT
EAT
ON
ON
Q4 25
$128.5M
$255.0M
Q3 25
$99.5M
$170.3M
Q2 25
$107.0M
$-486.1M
Q1 25
$119.1M
Q4 24
$118.5M
$379.9M
Q3 24
$38.5M
$401.7M
Q2 24
$57.3M
$338.2M
Q1 24
$48.7M
$453.0M
Gross Margin
EAT
EAT
ON
ON
Q4 25
37.9%
Q3 25
37.6%
Q2 25
20.3%
Q1 25
Q4 24
45.2%
Q3 24
45.4%
Q2 24
45.2%
Q1 24
45.8%
Operating Margin
EAT
EAT
ON
ON
Q4 25
11.6%
17.0%
Q3 25
8.7%
13.2%
Q2 25
9.8%
-39.7%
Q1 25
11.0%
Q4 24
11.5%
23.7%
Q3 24
5.0%
25.3%
Q2 24
6.1%
22.4%
Q1 24
6.2%
28.2%
Net Margin
EAT
EAT
ON
ON
Q4 25
8.8%
16.4%
Q3 25
7.4%
11.6%
Q2 25
7.3%
-33.6%
Q1 25
8.4%
Q4 24
8.7%
22.1%
Q3 24
3.4%
22.8%
Q2 24
4.7%
19.5%
Q1 24
4.3%
24.3%
EPS (diluted)
EAT
EAT
ON
ON
Q4 25
$2.86
$0.63
Q3 25
$2.17
$0.41
Q2 25
$2.31
$-1.15
Q1 25
$2.56
Q4 24
$2.61
$0.88
Q3 24
$0.84
$0.93
Q2 24
$1.22
$0.78
Q1 24
$1.08
$1.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EAT
EAT
ON
ON
Cash + ST InvestmentsLiquidity on hand
$15.0M
$2.9B
Total DebtLower is stronger
$451.3M
$3.4B
Stockholders' EquityBook value
$379.3M
$7.9B
Total Assets
$2.7B
$13.0B
Debt / EquityLower = less leverage
1.19×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EAT
EAT
ON
ON
Q4 25
$15.0M
$2.9B
Q3 25
$33.6M
$2.8B
Q2 25
$18.9M
$3.0B
Q1 25
$17.5M
Q4 24
$14.8M
$3.0B
Q3 24
$16.2M
$2.8B
Q2 24
$64.6M
$2.7B
Q1 24
$15.5M
$2.6B
Total Debt
EAT
EAT
ON
ON
Q4 25
$451.3M
$3.4B
Q3 25
$525.8M
$3.4B
Q2 25
$426.0M
$3.4B
Q1 25
$518.3M
Q4 24
$652.0M
$3.4B
Q3 24
$806.9M
$3.4B
Q2 24
$786.3M
$3.4B
Q1 24
$818.5M
$3.4B
Stockholders' Equity
EAT
EAT
ON
ON
Q4 25
$379.3M
$7.9B
Q3 25
$343.9M
$7.9B
Q2 25
$370.9M
$8.0B
Q1 25
$259.0M
Q4 24
$131.5M
$8.8B
Q3 24
$12.7M
$8.6B
Q2 24
$39.4M
$8.3B
Q1 24
$-46.7M
$8.1B
Total Assets
EAT
EAT
ON
ON
Q4 25
$2.7B
$13.0B
Q3 25
$2.7B
$13.1B
Q2 25
$2.7B
$13.3B
Q1 25
$2.6B
Q4 24
$2.6B
$14.1B
Q3 24
$2.5B
$13.9B
Q2 24
$2.6B
$13.7B
Q1 24
$2.5B
$13.5B
Debt / Equity
EAT
EAT
ON
ON
Q4 25
1.19×
0.43×
Q3 25
1.53×
0.43×
Q2 25
1.15×
0.42×
Q1 25
2.00×
Q4 24
4.96×
0.38×
Q3 24
63.54×
0.39×
Q2 24
19.96×
0.41×
Q1 24
0.42×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EAT
EAT
ON
ON
Operating Cash FlowLast quarter
$218.9M
$418.7M
Free Cash FlowOCF − Capex
$155.2M
$372.4M
FCF MarginFCF / Revenue
10.7%
24.0%
Capex IntensityCapex / Revenue
4.4%
3.0%
Cash ConversionOCF / Net Profit
1.70×
1.64×
TTM Free Cash FlowTrailing 4 quarters
$455.9M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EAT
EAT
ON
ON
Q4 25
$218.9M
$418.7M
Q3 25
$120.8M
$184.3M
Q2 25
$186.0M
$602.3M
Q1 25
$212.0M
Q4 24
$218.2M
$579.7M
Q3 24
$62.8M
$465.8M
Q2 24
$141.5M
$362.2M
Q1 24
$130.1M
$498.7M
Free Cash Flow
EAT
EAT
ON
ON
Q4 25
$155.2M
$372.4M
Q3 25
$62.2M
$106.1M
Q2 25
$106.1M
$454.7M
Q1 25
$132.4M
Q4 24
$168.9M
$434.8M
Q3 24
$6.3M
$293.6M
Q2 24
$83.5M
$207.7M
Q1 24
$78.7M
$276.3M
FCF Margin
EAT
EAT
ON
ON
Q4 25
10.7%
24.0%
Q3 25
4.6%
7.2%
Q2 25
7.3%
31.5%
Q1 25
9.3%
Q4 24
12.4%
25.2%
Q3 24
0.6%
16.7%
Q2 24
6.9%
12.0%
Q1 24
7.0%
14.8%
Capex Intensity
EAT
EAT
ON
ON
Q4 25
4.4%
3.0%
Q3 25
4.3%
5.3%
Q2 25
5.5%
10.2%
Q1 25
5.6%
Q4 24
3.6%
8.4%
Q3 24
5.0%
9.8%
Q2 24
4.8%
8.9%
Q1 24
4.6%
11.9%
Cash Conversion
EAT
EAT
ON
ON
Q4 25
1.70×
1.64×
Q3 25
1.21×
1.08×
Q2 25
1.74×
Q1 25
1.78×
Q4 24
1.84×
1.53×
Q3 24
1.63×
1.16×
Q2 24
2.47×
1.07×
Q1 24
2.67×
1.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EAT
EAT

Chilis Restaurants$1.3B91%
Maggianos Restaurants$134.9M9%
Franchise Revenues$13.4M1%

ON
ON

Industrial Segment$426.3M27%
Other End Markets Segment$337.3M22%
Intelligent Sensing Segments$284.0M18%
Direct Customers$282.4M18%
Intelligent Sensing Group$230.0M15%

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