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BRINKER INTERNATIONAL, INC（EAT）与棒约翰（PZZA）财务数据对比。点击上方公司名可切换其他公司
BRINKER INTERNATIONAL, INC的季度营收约是棒约翰的2.9倍（$1.5B vs $498.2M）。BRINKER INTERNATIONAL, INC净利率更高（8.8% vs 1.4%，领先7.4%）。BRINKER INTERNATIONAL, INC同比增速更快（6.9% vs -6.1%）。BRINKER INTERNATIONAL, INC自由现金流更多（$155.2M vs $2.1M）。过去两年BRINKER INTERNATIONAL, INC的营收复合增速更高（13.9% vs -1.5%）
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。
棒约翰国际是源自美国的知名披萨餐饮连锁品牌，截至2023年，它是美国市场规模第四大披萨外送连锁餐饮集团，总部设于肯塔基州路易斯维尔与佐治亚州亚特兰大的都会区，在全球多地开设门店，主打披萨外卖业务。
EAT vs PZZA — 直观对比
营收规模更大
EAT
是对方的2.9倍
$498.2M
营收增速更快
EAT
高出13.1%
-6.1%
净利率更高
EAT
高出7.4%
1.4%
自由现金流更多
EAT
多$153.1M
$2.1M
两年增速更快
EAT
近两年复合增速
-1.5%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $498.2M |
| 净利润 | $128.5M | $7.1M |
| 毛利率 | — | — |
| 营业利润率 | 11.6% | 4.9% |
| 净利率 | 8.8% | 1.4% |
| 营收同比 | 6.9% | -6.1% |
| 净利润同比 | 8.4% | -52.2% |
| 每股收益（稀释后） | $2.86 | $0.22 |
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EATPZZA
| Q4 25 | $1.5B | $498.2M | ||
| Q3 25 | $1.3B | $508.2M | ||
| Q2 25 | $1.5B | $529.2M | ||
| Q1 25 | $1.4B | $518.3M | ||
| Q4 24 | $1.4B | $530.8M | ||
| Q3 24 | $1.1B | $506.8M | ||
| Q2 24 | $1.2B | $507.9M | ||
| Q1 24 | $1.1B | $513.9M |
净利润EATPZZA
| Q4 25 | $128.5M | $7.1M | ||
| Q3 25 | $99.5M | $4.7M | ||
| Q2 25 | $107.0M | $9.5M | ||
| Q1 25 | $119.1M | $9.2M | ||
| Q4 24 | $118.5M | $14.8M | ||
| Q3 24 | $38.5M | $41.8M | ||
| Q2 24 | $57.3M | $12.2M | ||
| Q1 24 | $48.7M | $14.6M |
营业利润率EATPZZA
| Q4 25 | 11.6% | 4.9% | ||
| Q3 25 | 8.7% | 3.2% | ||
| Q2 25 | 9.8% | 4.6% | ||
| Q1 25 | 11.0% | 4.6% | ||
| Q4 24 | 11.5% | 5.6% | ||
| Q3 24 | 5.0% | 12.9% | ||
| Q2 24 | 6.1% | 5.6% | ||
| Q1 24 | 6.2% | 6.6% |
净利率EATPZZA
| Q4 25 | 8.8% | 1.4% | ||
| Q3 25 | 7.4% | 0.9% | ||
| Q2 25 | 7.3% | 1.8% | ||
| Q1 25 | 8.4% | 1.8% | ||
| Q4 24 | 8.7% | 2.8% | ||
| Q3 24 | 3.4% | 8.2% | ||
| Q2 24 | 4.7% | 2.4% | ||
| Q1 24 | 4.3% | 2.8% |
每股收益（稀释后）EATPZZA
| Q4 25 | $2.86 | $0.22 | ||
| Q3 25 | $2.17 | $0.13 | ||
| Q2 25 | $2.31 | $0.28 | ||
| Q1 25 | $2.56 | $0.27 | ||
| Q4 24 | $2.61 | $0.46 | ||
| Q3 24 | $0.84 | $1.27 | ||
| Q2 24 | $1.22 | $0.37 | ||
| Q1 24 | $1.08 | $0.44 |
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 | $34.6M |
| 总债务越低越好 | $451.3M | $722.3M |
| 股东权益账面价值 | $379.3M | $-444.8M |
| 总资产 | $2.7B | $837.5M |
| 负债/权益比越低杠杆越低 | 1.19× | — |
8季度趋势，按日历期对齐
现金及短期投资EATPZZA
| Q4 25 | $15.0M | $34.6M | ||
| Q3 25 | $33.6M | $39.0M | ||
| Q2 25 | $18.9M | $33.3M | ||
| Q1 25 | $17.5M | $44.0M | ||
| Q4 24 | $14.8M | $38.0M | ||
| Q3 24 | $16.2M | $17.6M | ||
| Q2 24 | $64.6M | $24.3M | ||
| Q1 24 | $15.5M | $27.8M |
总债务EATPZZA
| Q4 25 | $451.3M | $722.3M | ||
| Q3 25 | $525.8M | — | ||
| Q2 25 | $426.0M | — | ||
| Q1 25 | $518.3M | — | ||
| Q4 24 | $652.0M | — | ||
| Q3 24 | $806.9M | — | ||
| Q2 24 | $786.3M | — | ||
| Q1 24 | $818.5M | — |
股东权益EATPZZA
| Q4 25 | $379.3M | $-444.8M | ||
| Q3 25 | $343.9M | $-439.3M | ||
| Q2 25 | $370.9M | $-432.0M | ||
| Q1 25 | $259.0M | $-431.9M | ||
| Q4 24 | $131.5M | $-429.5M | ||
| Q3 24 | $12.7M | $-430.9M | ||
| Q2 24 | $39.4M | $-461.7M | ||
| Q1 24 | $-46.7M | $-461.9M |
总资产EATPZZA
| Q4 25 | $2.7B | $837.5M | ||
| Q3 25 | $2.7B | $884.1M | ||
| Q2 25 | $2.7B | $890.4M | ||
| Q1 25 | $2.6B | $898.1M | ||
| Q4 24 | $2.6B | $889.0M | ||
| Q3 24 | $2.5B | $860.9M | ||
| Q2 24 | $2.6B | $838.4M | ||
| Q1 24 | $2.5B | $847.2M |
负债/权益比EATPZZA
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.53× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 2.00× | — | ||
| Q4 24 | 4.96× | — | ||
| Q3 24 | 63.54× | — | ||
| Q2 24 | 19.96× | — | ||
| Q1 24 | — | — |
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 | $19.8M |
| 自由现金流经营现金流 - 资本支出 | $155.2M | $2.1M |
| 自由现金流率自由现金流/营收 | 10.7% | 0.4% |
| 资本支出强度资本支出/营收 | 4.4% | 3.6% |
| 现金转化率经营现金流/净利润 | 1.70× | 2.80× |
| 过去12个月自由现金流最近4个季度 | $455.9M | $61.3M |
8季度趋势，按日历期对齐
经营现金流EATPZZA
| Q4 25 | $218.9M | $19.8M | ||
| Q3 25 | $120.8M | $39.3M | ||
| Q2 25 | $186.0M | $35.5M | ||
| Q1 25 | $212.0M | $31.3M | ||
| Q4 24 | $218.2M | $50.7M | ||
| Q3 24 | $62.8M | $13.9M | ||
| Q2 24 | $141.5M | $30.0M | ||
| Q1 24 | $130.1M | $12.0M |
自由现金流EATPZZA
| Q4 25 | $155.2M | $2.1M | ||
| Q3 25 | $62.2M | $22.7M | ||
| Q2 25 | $106.1M | $17.4M | ||
| Q1 25 | $132.4M | $19.1M | ||
| Q4 24 | $168.9M | $25.2M | ||
| Q3 24 | $6.3M | $-3.8M | ||
| Q2 24 | $83.5M | $13.9M | ||
| Q1 24 | $78.7M | $-1.1M |
自由现金流率EATPZZA
| Q4 25 | 10.7% | 0.4% | ||
| Q3 25 | 4.6% | 4.5% | ||
| Q2 25 | 7.3% | 3.3% | ||
| Q1 25 | 9.3% | 3.7% | ||
| Q4 24 | 12.4% | 4.7% | ||
| Q3 24 | 0.6% | -0.8% | ||
| Q2 24 | 6.9% | 2.7% | ||
| Q1 24 | 7.0% | -0.2% |
资本支出强度EATPZZA
| Q4 25 | 4.4% | 3.6% | ||
| Q3 25 | 4.3% | 3.3% | ||
| Q2 25 | 5.5% | 3.4% | ||
| Q1 25 | 5.6% | 2.4% | ||
| Q4 24 | 3.6% | 4.8% | ||
| Q3 24 | 5.0% | 3.5% | ||
| Q2 24 | 4.8% | 3.2% | ||
| Q1 24 | 4.6% | 2.5% |
现金转化率EATPZZA
| Q4 25 | 1.70× | 2.80× | ||
| Q3 25 | 1.21× | 8.36× | ||
| Q2 25 | 1.74× | 3.73× | ||
| Q1 25 | 1.78× | 3.40× | ||
| Q4 24 | 1.84× | 3.43× | ||
| Q3 24 | 1.63× | 0.33× | ||
| Q2 24 | 2.47× | 2.45× | ||
| Q1 24 | 2.67× | 0.82× |
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% |
PZZA
| Commissary | $236.8M | 48% |
| Company Owned Restaurant Sales | $154.4M | 31% |
| Franchisor | $47.5M | 10% |
| Advertising | $37.2M | 7% |
| Other | $22.2M | 4% |
