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BRINKER INTERNATIONAL, INC（EAT）与Restaurant Brands International Inc.（QSR）财务数据对比。点击上方公司名可切换其他公司
Restaurant Brands International Inc.的季度营收约是BRINKER INTERNATIONAL, INC的1.7倍（$2.5B vs $1.5B）。BRINKER INTERNATIONAL, INC净利率更高（8.8% vs 6.3%，领先2.6%）。Restaurant Brands International Inc.同比增速更快（7.4% vs 6.9%）。Restaurant Brands International Inc.自由现金流更多（$453.0M vs $155.2M）。过去两年Restaurant Brands International Inc.的营收复合增速更高（19.1% 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。
Restaurant Brands International（简称RBI）是美加合资的跨国快餐控股企业，2014年由汉堡王与加拿大咖啡连锁品牌蒂姆·霍顿斯以125亿美元合并成立，后续先后收购Popeyes、Firehouse Subs两大品牌，现为全球第五大快餐运营商，规模仅次于赛百味、麦当劳、星巴克和百胜餐饮。
EAT vs QSR — 直观对比
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $2.5B |
| 净利润 | $128.5M | $155.0M |
| 毛利率 | — | — |
| 营业利润率 | 11.6% | 25.2% |
| 净利率 | 8.8% | 6.3% |
| 营收同比 | 6.9% | 7.4% |
| 净利润同比 | 8.4% | -57.1% |
| 每股收益（稀释后） | $2.86 | $0.33 |
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
| Q4 25 | $1.5B | $2.5B | ||
| Q3 25 | $1.3B | $2.4B | ||
| Q2 25 | $1.5B | $2.4B | ||
| Q1 25 | $1.4B | $2.1B | ||
| Q4 24 | $1.4B | $2.3B | ||
| Q3 24 | $1.1B | $2.3B | ||
| Q2 24 | $1.2B | $2.1B | ||
| Q1 24 | $1.1B | $1.7B |
| Q4 25 | $128.5M | $155.0M | ||
| Q3 25 | $99.5M | $436.0M | ||
| Q2 25 | $107.0M | $263.0M | ||
| Q1 25 | $119.1M | $221.0M | ||
| Q4 24 | $118.5M | $361.0M | ||
| Q3 24 | $38.5M | $357.0M | ||
| Q2 24 | $57.3M | $399.0M | ||
| Q1 24 | $48.7M | $328.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 65.2% |
| Q4 25 | 11.6% | 25.2% | ||
| Q3 25 | 8.7% | 27.1% | ||
| Q2 25 | 9.8% | 20.0% | ||
| Q1 25 | 11.0% | 20.6% | ||
| Q4 24 | 11.5% | 27.7% | ||
| Q3 24 | 5.0% | 25.2% | ||
| Q2 24 | 6.1% | 31.9% | ||
| Q1 24 | 6.2% | 31.3% |
| Q4 25 | 8.8% | 6.3% | ||
| Q3 25 | 7.4% | 17.8% | ||
| Q2 25 | 7.3% | 10.9% | ||
| Q1 25 | 8.4% | 10.5% | ||
| Q4 24 | 8.7% | 15.7% | ||
| Q3 24 | 3.4% | 15.6% | ||
| Q2 24 | 4.7% | 19.2% | ||
| Q1 24 | 4.3% | 18.9% |
| Q4 25 | $2.86 | $0.33 | ||
| Q3 25 | $2.17 | $0.96 | ||
| Q2 25 | $2.31 | $0.57 | ||
| Q1 25 | $2.56 | $0.49 | ||
| Q4 24 | $2.61 | $0.79 | ||
| Q3 24 | $0.84 | $0.79 | ||
| Q2 24 | $1.22 | $0.88 | ||
| Q1 24 | $1.08 | $0.72 |
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 | — |
| 总债务越低越好 | $451.3M | $13.3B |
| 股东权益账面价值 | $379.3M | $3.6B |
| 总资产 | $2.7B | $25.6B |
| 负债/权益比越低杠杆越低 | 1.19× | 3.65× |
8季度趋势，按日历期对齐
| Q4 25 | $15.0M | — | ||
| Q3 25 | $33.6M | — | ||
| Q2 25 | $18.9M | — | ||
| Q1 25 | $17.5M | — | ||
| Q4 24 | $14.8M | — | ||
| Q3 24 | $16.2M | — | ||
| Q2 24 | $64.6M | — | ||
| Q1 24 | $15.5M | — |
| Q4 25 | $451.3M | $13.3B | ||
| Q3 25 | $525.8M | $13.5B | ||
| Q2 25 | $426.0M | $13.6B | ||
| Q1 25 | $518.3M | $13.6B | ||
| Q4 24 | $652.0M | $13.6B | ||
| Q3 24 | $806.9M | $13.7B | ||
| Q2 24 | $786.3M | $13.7B | ||
| Q1 24 | $818.5M | $12.9B |
| Q4 25 | $379.3M | $3.6B | ||
| Q3 25 | $343.9M | $3.4B | ||
| Q2 25 | $370.9M | $3.3B | ||
| Q1 25 | $259.0M | $3.1B | ||
| Q4 24 | $131.5M | $3.1B | ||
| Q3 24 | $12.7M | $3.2B | ||
| Q2 24 | $39.4M | $3.1B | ||
| Q1 24 | $-46.7M | $3.0B |
| Q4 25 | $2.7B | $25.6B | ||
| Q3 25 | $2.7B | $25.7B | ||
| Q2 25 | $2.7B | $25.7B | ||
| Q1 25 | $2.6B | $24.9B | ||
| Q4 24 | $2.6B | $24.6B | ||
| Q3 24 | $2.5B | $25.1B | ||
| Q2 24 | $2.6B | $24.8B | ||
| Q1 24 | $2.5B | $23.1B |
| Q4 25 | 1.19× | 3.65× | ||
| Q3 25 | 1.53× | 3.99× | ||
| Q2 25 | 1.15× | 4.10× | ||
| Q1 25 | 2.00× | 4.37× | ||
| Q4 24 | 4.96× | 4.39× | ||
| Q3 24 | 63.54× | 4.22× | ||
| Q2 24 | 19.96× | 4.46× | ||
| Q1 24 | — | 4.35× |
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 | $555.0M |
| 自由现金流经营现金流 - 资本支出 | $155.2M | $453.0M |
| 自由现金流率自由现金流/营收 | 10.7% | 18.4% |
| 资本支出强度资本支出/营收 | 4.4% | 4.1% |
| 现金转化率经营现金流/净利润 | 1.70× | 3.58× |
| 过去12个月自由现金流最近4个季度 | $455.9M | $1.4B |
8季度趋势，按日历期对齐
| Q4 25 | $218.9M | $555.0M | ||
| Q3 25 | $120.8M | $592.0M | ||
| Q2 25 | $186.0M | $449.0M | ||
| Q1 25 | $212.0M | $118.0M | ||
| Q4 24 | $218.2M | $481.0M | ||
| Q3 24 | $62.8M | $540.0M | ||
| Q2 24 | $141.5M | $334.0M | ||
| Q1 24 | $130.1M | $148.0M |
| Q4 25 | $155.2M | $453.0M | ||
| Q3 25 | $62.2M | $531.0M | ||
| Q2 25 | $106.1M | $411.0M | ||
| Q1 25 | $132.4M | $54.0M | ||
| Q4 24 | $168.9M | $404.0M | ||
| Q3 24 | $6.3M | $485.0M | ||
| Q2 24 | $83.5M | $291.0M | ||
| Q1 24 | $78.7M | $122.0M |
| Q4 25 | 10.7% | 18.4% | ||
| Q3 25 | 4.6% | 21.7% | ||
| Q2 25 | 7.3% | 17.1% | ||
| Q1 25 | 9.3% | 2.6% | ||
| Q4 24 | 12.4% | 17.6% | ||
| Q3 24 | 0.6% | 21.2% | ||
| Q2 24 | 6.9% | 14.0% | ||
| Q1 24 | 7.0% | 7.0% |
| Q4 25 | 4.4% | 4.1% | ||
| Q3 25 | 4.3% | 2.5% | ||
| Q2 25 | 5.5% | 1.6% | ||
| Q1 25 | 5.6% | 3.0% | ||
| Q4 24 | 3.6% | 3.4% | ||
| Q3 24 | 5.0% | 2.4% | ||
| Q2 24 | 4.8% | 2.1% | ||
| Q1 24 | 4.6% | 1.5% |
| Q4 25 | 1.70× | 3.58× | ||
| Q3 25 | 1.21× | 1.36× | ||
| Q2 25 | 1.74× | 1.71× | ||
| Q1 25 | 1.78× | 0.53× | ||
| Q4 24 | 1.84× | 1.33× | ||
| Q3 24 | 1.63× | 1.51× | ||
| Q2 24 | 2.47× | 0.84× | ||
| Q1 24 | 2.67× | 0.45× |
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% |
QSR
| CA | $1.0B | 41% |
| Other | $330.0M | 13% |
| Advertising | $308.0M | 12% |
| Others | $284.0M | 12% |
| Popeyes Louisiana Kitchen | $195.0M | 8% |
| Burger King | $185.0M | 8% |
| Royalty | $87.0M | 4% |
| Firehouse Subs | $59.0M | 2% |
| Franchisor | $7.0M | 0% |
