vs
BRINKER INTERNATIONAL, INC（EAT）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是BRINKER INTERNATIONAL, INC的1.2倍（$1.8B vs $1.5B），BRINKER INTERNATIONAL, INC净利率更高（8.8% vs 6.0%，领先2.8%），美泰同比增速更快（7.3% vs 6.9%），过去两年美泰的营收复合增速更高（47.7% vs 13.9%）
Brinker International, Inc.是美国跨国餐饮企业，成立于1975年，总部位于得克萨斯州达拉斯，旗下拥有Chili's和Maggiano's Little Italy两大知名连锁餐饮品牌，目前在全球持有、运营或特许经营的上述品牌门店总计达1672家。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
EAT vs MAT — 直观对比
营收规模更大
MAT
是对方的1.2倍
$1.5B
营收增速更快
MAT
高出0.4%
6.9%
净利率更高
EAT
高出2.8%
6.0%
两年增速更快
MAT
近两年复合增速
13.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.8B |
| 净利润 | $128.5M | $106.2M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 11.6% | 8.0% |
| 净利率 | 8.8% | 6.0% |
| 营收同比 | 6.9% | 7.3% |
| 净利润同比 | 8.4% | -24.6% |
| 每股收益（稀释后） | $2.86 | $0.32 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收EATMAT
| Q4 25 | $1.5B | $1.8B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.5B | $1.0B | ||
| Q1 25 | $1.4B | $826.6M | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.2B | $1.1B | ||
| Q1 24 | $1.1B | $809.5M |
净利润EATMAT
| Q4 25 | $128.5M | $106.2M | ||
| Q3 25 | $99.5M | $278.4M | ||
| Q2 25 | $107.0M | $53.4M | ||
| Q1 25 | $119.1M | $-40.3M | ||
| Q4 24 | $118.5M | $140.9M | ||
| Q3 24 | $38.5M | $372.4M | ||
| Q2 24 | $57.3M | $56.9M | ||
| Q1 24 | $48.7M | $-28.3M |
毛利率EATMAT
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | — | 53.1% | ||
| Q2 24 | — | 49.2% | ||
| Q1 24 | — | 48.0% |
营业利润率EATMAT
| Q4 25 | 11.6% | 8.0% | ||
| Q3 25 | 8.7% | 21.9% | ||
| Q2 25 | 9.8% | 7.7% | ||
| Q1 25 | 11.0% | -6.4% | ||
| Q4 24 | 11.5% | 9.6% | ||
| Q3 24 | 5.0% | 26.5% | ||
| Q2 24 | 6.1% | 7.7% | ||
| Q1 24 | 6.2% | -4.4% |
净利率EATMAT
| Q4 25 | 8.8% | 6.0% | ||
| Q3 25 | 7.4% | 16.0% | ||
| Q2 25 | 7.3% | 5.2% | ||
| Q1 25 | 8.4% | -4.9% | ||
| Q4 24 | 8.7% | 8.6% | ||
| Q3 24 | 3.4% | 20.2% | ||
| Q2 24 | 4.7% | 5.3% | ||
| Q1 24 | 4.3% | -3.5% |
每股收益（稀释后）EATMAT
| Q4 25 | $2.86 | $0.32 | ||
| Q3 25 | $2.17 | $0.88 | ||
| Q2 25 | $2.31 | $0.16 | ||
| Q1 25 | $2.56 | $-0.12 | ||
| Q4 24 | $2.61 | $0.40 | ||
| Q3 24 | $0.84 | $1.09 | ||
| Q2 24 | $1.22 | $0.17 | ||
| Q1 24 | $1.08 | $-0.08 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $15.0M | $1.2B |
| 总债务越低越好 | $451.3M | $2.3B |
| 股东权益账面价值 | $379.3M | $2.2B |
| 总资产 | $2.7B | $6.6B |
| 负债/权益比越低杠杆越低 | 1.19× | 1.04× |
8季度趋势，按日历期对齐
现金及短期投资EATMAT
| Q4 25 | $15.0M | $1.2B | ||
| Q3 25 | $33.6M | $691.9M | ||
| Q2 25 | $18.9M | $870.5M | ||
| Q1 25 | $17.5M | $1.2B | ||
| Q4 24 | $14.8M | $1.4B | ||
| Q3 24 | $16.2M | $723.5M | ||
| Q2 24 | $64.6M | $722.4M | ||
| Q1 24 | $15.5M | $1.1B |
总债务EATMAT
| Q4 25 | $451.3M | $2.3B | ||
| Q3 25 | $525.8M | $2.3B | ||
| Q2 25 | $426.0M | $2.3B | ||
| Q1 25 | $518.3M | $2.3B | ||
| Q4 24 | $652.0M | $2.3B | ||
| Q3 24 | $806.9M | $2.3B | ||
| Q2 24 | $786.3M | $2.3B | ||
| Q1 24 | $818.5M | $2.3B |
股东权益EATMAT
| Q4 25 | $379.3M | $2.2B | ||
| Q3 25 | $343.9M | $2.3B | ||
| Q2 25 | $370.9M | $2.2B | ||
| Q1 25 | $259.0M | $2.1B | ||
| Q4 24 | $131.5M | $2.3B | ||
| Q3 24 | $12.7M | $2.3B | ||
| Q2 24 | $39.4M | $2.0B | ||
| Q1 24 | $-46.7M | $2.0B |
总资产EATMAT
| Q4 25 | $2.7B | $6.6B | ||
| Q3 25 | $2.7B | $6.6B | ||
| Q2 25 | $2.7B | $6.2B | ||
| Q1 25 | $2.6B | $6.2B | ||
| Q4 24 | $2.6B | $6.5B | ||
| Q3 24 | $2.5B | $6.5B | ||
| Q2 24 | $2.6B | $5.9B | ||
| Q1 24 | $2.5B | $6.1B |
负债/权益比EATMAT
| Q4 25 | 1.19× | 1.04× | ||
| Q3 25 | 1.53× | 1.03× | ||
| Q2 25 | 1.15× | 1.08× | ||
| Q1 25 | 2.00× | 1.10× | ||
| Q4 24 | 4.96× | 1.03× | ||
| Q3 24 | 63.54× | 1.01× | ||
| Q2 24 | 19.96× | 1.18× | ||
| Q1 24 | — | 1.15× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $218.9M | $796.6M |
| 自由现金流经营现金流 - 资本支出 | $155.2M | — |
| 自由现金流率自由现金流/营收 | 10.7% | — |
| 资本支出强度资本支出/营收 | 4.4% | — |
| 现金转化率经营现金流/净利润 | 1.70× | 7.50× |
| 过去12个月自由现金流最近4个季度 | $455.9M | — |
8季度趋势，按日历期对齐
经营现金流EATMAT
| Q4 25 | $218.9M | $796.6M | ||
| Q3 25 | $120.8M | $72.0M | ||
| Q2 25 | $186.0M | $-300.1M | ||
| Q1 25 | $212.0M | $24.8M | ||
| Q4 24 | $218.2M | $862.1M | ||
| Q3 24 | $62.8M | $155.8M | ||
| Q2 24 | $141.5M | $-252.9M | ||
| Q1 24 | $130.1M | $35.5M |
自由现金流EATMAT
| Q4 25 | $155.2M | — | ||
| Q3 25 | $62.2M | — | ||
| Q2 25 | $106.1M | — | ||
| Q1 25 | $132.4M | — | ||
| Q4 24 | $168.9M | — | ||
| Q3 24 | $6.3M | — | ||
| Q2 24 | $83.5M | — | ||
| Q1 24 | $78.7M | — |
自由现金流率EATMAT
| Q4 25 | 10.7% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 7.3% | — | ||
| Q1 25 | 9.3% | — | ||
| Q4 24 | 12.4% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 6.9% | — | ||
| Q1 24 | 7.0% | — |
资本支出强度EATMAT
| Q4 25 | 4.4% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 5.5% | — | ||
| Q1 25 | 5.6% | — | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 5.0% | — | ||
| Q2 24 | 4.8% | — | ||
| Q1 24 | 4.6% | — |
现金转化率EATMAT
| Q4 25 | 1.70× | 7.50× | ||
| Q3 25 | 1.21× | 0.26× | ||
| Q2 25 | 1.74× | -5.62× | ||
| Q1 25 | 1.78× | — | ||
| Q4 24 | 1.84× | 6.12× | ||
| Q3 24 | 1.63× | 0.42× | ||
| Q2 24 | 2.47× | -4.45× | ||
| Q1 24 | 2.67× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
EAT
| Chilis Restaurants | $1.3B | 91% |
| Maggianos Restaurants | $134.9M | 9% |
| Franchise Revenues | $13.4M | 1% |
MAT
| North America Segment | $1.0B | 58% |
| International Segment | $745.6M | 42% |
