EAT
Brinker International, Inc.
EAT has the edge over NKE overall, supported by stronger modeled upside and stronger fundamentals.
NKE
NIKE, Inc.
NKE has slightly lower modeled downside risk, despite its lower overall score.
EAT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
EAT's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
NKE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Strong |
NKE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
EAT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $127 | -35% |
| Forward | 14x | $198 | — |
| Current | 17x | $198 | — |
| Fair | 18x | $203 | +2.7% |
| Expensive | 31x | $356 | +80% |
Historical ranges are pointers, not guarantees.
EAT's PE is in its fair range at 17x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
NKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $37.76 | — |
| Cheap | 23x | $47.70 | +26% |
| Forward | 30x | $37.76 | — |
| Fair | 33x | $68.16 | +80% |
| Expensive | 47x | $97.86 | +159% |
Historical ranges are pointers, not guarantees.
NKE has the edge over EAT in the historical PE scenario, which offers more potential upside but is not a forecast.
EAT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Moderate |
EAT has the edge over NKE on the outlook, with more favorable valuation and earnings expectations.
NKE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Decline | |
| Improving | |
| Moderate | |
| Low |
Analysts expect NKE's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
EAT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $14.08 | +24% |
| Q3 2026 | $11.34 | +18% |
| Q2 2026 | $10.87 | +31% |
| Q1 2026 | $10.21 | +41% |
| Q4 2025 | $9.90 | +72% |
| Q3 2025 | $9.65 | +137% |
| Q2 2025 | $8.32 | +145% |
| Q1 2025 | $7.23 | +112% |
| Q4 2024 | $5.75 | +67% |
EAT has the edge over NKE on earnings, with more consistent year-over-year improvement.
NKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -39% |
| Q3 2026 | $2.09 | +7.2% |
| Q2 2026 | $2.10 | -2.8% |
| Q1 2026 | $1.51 | -50% |
| Q4 2025 | $1.70 | -48% |
| Q3 2025 | $1.95 | -44% |
| Q2 2025 | $2.16 | -42% |
| Q1 2025 | $3.01 | -11% |
| Q4 2024 | $3.24 | -5.3% |
NKE's earnings per share have fallen from their peak: $2.09 over the past year, against $3.82 in late 2021.
EAT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.5B | +9.4% |
| Q2 2026 | $1.5B | +5.1% |
| Q1 2026 | $1.5B | +3.2% |
| Q4 2025 | $1.5B | +6.9% |
| Q3 2025 | $1.3B | +18% |
| Q2 2025 | $1.5B | +21% |
| Q1 2025 | $1.4B | +27% |
| Q4 2024 | $1.4B | +26% |
EAT has the edge over NKE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | +1.5 points |
| Q2 2026 | 11% | +1.1 points |
| Q1 2026 | 11% | +0.3 points |
| Q4 2025 | 12% | +0.1 points |
| Q3 2025 | 8.7% | +3.8 points |
| Q2 2025 | 9.8% | +3.7 points |
| Q1 2025 | 11% | +4.8 points |
| Q4 2024 | 11% | +5.7 points |
EAT has the edge over NKE on profitability, with a higher operating margin.
NKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11.2B | -4.3% |
| Q2 2026 | $11B | -1.1% |
| Q1 2026 | $11.3B | +0.1% |
| Q4 2025 | $12.4B | +0.6% |
| Q3 2025 | $11.7B | +1.1% |
| Q2 2025 | $11.1B | -12% |
| Q1 2025 | $11.3B | -9.3% |
| Q4 2024 | $12.4B | -7.7% |
NKE's revenue fell from its 2023 peak and has held roughly level since: $11.2B last quarter, down 4.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.2% | +0.3 points |
| Q2 2026 | 12% | +9.2 points |
| Q1 2026 | 5.8% | -1.7 points |
| Q4 2025 | 8% | -3.4 points |
| Q3 2025 | 7.9% | -3.4 points |
| Q2 2025 | 2.9% | -11 points |
| Q1 2025 | 7.5% | -3.8 points |
| Q4 2024 | 11% | -2.9 points |
NKE's operating margin was 8.2% last quarter, about level with the same quarter a year ago.
EAT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $105.7M | +70% |
| Q2 2026 | $159.2M | +50% |
| Q1 2026 | $180.9M | +37% |
| Q4 2025 | $155.2M | -8.1% |
| Q3 2025 | $62.2M | +887% |
| Q2 2025 | $106.1M | +27% |
| Q1 2025 | $132.4M | +68% |
| Q4 2024 | $168.9M | +248% |
EAT has the edge over NKE on cash flow, with more consistent year-over-year improvement.
NKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$64M | -527% |
| Q2 2026 | $1.5B | +313% |
| Q1 2026 | $284M | -83% |
| Q4 2025 | $386M | -58% |
| Q3 2025 | $15M | -95% |
| Q2 2025 | $363M | -85% |
| Q1 2025 | $1.7B | -11% |
| Q4 2024 | $920M | -65% |
NKE usually generates cash, though not every quarter: the latest was −$64M, but it generated $2.1B over the past year.
EAT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -4% | -1.8M shares |
| 1 year | -6.1% | -2.8M shares |
| 3 years | -5.3% | -2.4M shares |
| 5 years | -8.5% | -4M shares |
| Available history | +13% | +4.9M shares |
EAT has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $165.2M |
| Q2 2026 | $100.5M |
| Q1 2026 | $108.4M |
| Q4 2025 | $100.5M |
| Q3 2025 | $134.5M |
| Q2 2025 | $3.9M |
| Q1 2025 | $1.1M |
| Q4 2024 | $10.4M |
EAT spent $475M buying back its own shares over the past year, about three times what it spent the year before.
NKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +3.2M shares |
| 1 year | +0.4% | +5.2M shares |
| 3 years | -3.8% | -59.1M shares |
| 5 years | -8.4% | -135M shares |
| Available history | -6.9% | -110M shares |
NKE has 1.5B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $20M |
| Q3 2025 | $126M |
| Q2 2025 | $199M |
| Q1 2025 | $506M |
| Q4 2024 | $1.1B |
NKE has spent almost nothing on buybacks in the past year.
EAT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2022 | 2.6x | Moderate |
| Q4 2021 | 2.8x | Moderate |
| Q3 2021 | 2.8x | Moderate |
| Q2 2021 | 2.6x | Moderate |
| Q1 2021 | 4.9x | High |
| Q4 2020 | 5.6x | High |
| Q3 2020 | 5.1x | High |
| Q2 2020 | 5.2x | High |
EAT's net debt is about 2.6 years of its operating earnings (EBITDA), down from 4.9 years a year ago.
NKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 0.2x | Very low |
| Q3 2024 | 0.1x | Very low |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.0x | Very low |
| Q4 2023 | 0.1x | Very low |
NKE's net debt is less than a year of its operating earnings (EBITDA).
EAT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.5 | Neutral |
| Stochastic | 31.9 | Neutral |
EAT's weekly RSI is 52 (neutral) and its Stochastic is 32 (neutral).
NKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 57.5 | Neutral |
NKE's weekly RSI is 40 (neutral) and its Stochastic is 58 (neutral).
EAT PE vs Consumer Cyclical Sector
| Metric | EAT | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 3.3% below |
| PE % | 49 | 47 | 2 pts above |
EAT has the edge over NKE on valuation relative to its sector.
NKE PE vs Consumer Cyclical Sector
| Metric | NKE | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 0.3% above |
| PE % | 2 | 47 | 45 pts below |
NKE is trading at 18x earnings, in line with the Consumer Cyclical sector's median of 18x.
EAT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $200.8 | 1.6% below |
| 20 week MA | $206.9 | 4.5% below |
| 50 week MA | $172.6 | 15% above |
| 100 week MA | $160.5 | 23% above |
| 200 week MA | $106.7 | 85% above |
EAT has the edge over NKE on trend strength, trading above more of its moving averages.
NKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.7 | 2.8% above |
| 20 week MA | $39.2 | 3.6% below |
| 50 week MA | $48.0 | 21% below |
| 100 week MA | $58.4 | 35% below |
| 200 week MA | $79.2 | 52% below |
NKE has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 52% below its 200-week average.
EAT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $41.2 | $57.7 | +40% |
| 2021 | $57.7 | $37.3 | -35% |
| 2022 | $37.3 | $32.9 | -12% |
| 2023 | $32.9 | $43.2 | +31% |
| 2024 | $43.2 | $132.5 | +207% |
| 2025 | $132.5 | $149.6 | +13% |
| 2026 YTD | $149.6 | $197.6 | +32% |
EAT has the edge over NKE on returns for 2026, with the stronger performance.
NKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.6 | $141.6 | +39% |
| 2021 | $141.6 | $165.7 | +17% |
| 2022 | $165.7 | $116.3 | -30% |
| 2023 | $116.3 | $108.6 | -6.6% |
| 2024 | $108.6 | $76.4 | -30% |
| 2025 | $76.4 | $60.9 | -20% |
| 2026 YTD | $60.9 | $37.8 | -38% |
NKE has finished four years in a row lower, and it's down 38% so far in 2026.