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Brinker International EAT Gain on termination of lease

Gain on termination of lease at other companies

Schering-Plough logo
Schering-PloughSGP
$129.5K
EAT
Brinker InternationalEAT
$100K-50.0%
RadNet logo
RadNetRDNT
$0+100%
RadNet logo
RadNetRDNT
$0+100%
AVN
AVNSAVNS
$1.73M
AVN
AVNSAVNS
$1.73M

Other financials

Income statement

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Revenue$1.5B+3.2%
Gross profit$1.1B+2.3%
Operating income$166.6M+6.2%
Net income$127.9M+7.4%
EPS (diluted)$2.87+12.1%

Balance sheet

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Cash & equivalents$57.1M+226%
Total debt$1.9B+1.3%
Total equity$406.0M+56.8%
Total assets$2.8B+7.8%

Cash flow

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Operating cash flow$232.1M+9.5%
CapEx$51.2M-35.7%
Free cash flow$180.9M+36.6%

Valuation

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Market cap$9.69B+37.0%
Enterprise value$11.51B+29.8%
P/E20.9×+2.5×
P/S1.7×+0.4×

Profitability

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Gross margin74.6%-0.5pp
Operating margin10.4%+1.8pp
Net margin8.1%+1.6pp
FCF margin8.8%+1.2pp

Returns & leverage

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Return on equity139.2%
Debt / equity4.6×-2.5×
Current ratio0.4×+0.1×

Where this comes from

Reported directly by Brinker International in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnTerminationOfLease.

The source filing: Brinker International’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 4:05 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000703351-26-000015
Line itemThirteen Week Periods Ended / March 25,2026Thirteen Week Periods Ended / March 26,2025Thirty-Nine Week Periods Ended / March 25,2026Thirty-Nine Week Periods Ended / March 26,2025
Loss from natural disasters, net (of insurance recoveries)0.3(2.0)0.7
Restaurant closure asset write-offs and charges0.10.82.22.3
Enterprise system implementation costs2.412.0
Severance and other benefit charges2.01.72.3
Lease contingencies1.51.5
Lease modification gain, net(0.1)(0.2)(2.6)(1.2)
Other0.91.81.3
$2.1$9.0$3.5$30.0

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Brinker International's gain on termination of lease?
Brinker International (EAT) reported gain on termination of lease of $100K in Q1 2026.
How has Brinker International's gain on termination of lease changed year-over-year?
Brinker International's gain on termination of lease decreased by 50.0% year-over-year, from $200K to $100K.
What does gain on termination of lease mean?
Represents the net gain or loss recognized upon the early termination or modification of real estate lease agreements. This typically occurs when a company exits a location before the lease term expires, resulting in a settlement payment or the write-off of associated lease assets and liabilities. It serves as a measure of the financial consequences of real estate portfolio optimization and strategic site selection.

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