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QSR

Restaurant Brands International Inc.

Company overview

Market capitalization
$32.47B
Employees
53,500
Latest publication
2026-09-29
About Restaurant Brands International Inc.

Restaurant Brands International Inc. operates as a quick service restaurant company in Canada, the United States, and internationally. It operates through six segments: Tim Hortons, Burger King, Popeyes Louisiana Kitchen, Firehouse Subs, International, and Restaurant Holdings. The company owns and franchises Tim Hortons, a coffee and baked good restaurant chain that offers beverages, sandwiches, wraps, flatbread pizzas, and others; Burger King, a quick service hamburger restaurant chain that offers flame-grilled hamburgers, chicken, and other sandwiches; Popeyes, a quick service chicken concept that offers a Louisiana style menu, including fried bone-in chicken, chicken sandwiches, chicken tenders, wings, fried shrimp, and regional items; and Firehouse Subs, which offers subs with meats and cheese, as well as chili, soups, soft drinks, and other sides. Restaurant Brands International Inc. was founded in 1954 and is headquartered in Miami, Florida.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ3 20142014-09-30 · USDQ2 20142014-06-30 · USDQ1 20142014-03-31 · USDQ4 20132013-12-31 · USDQ3 20132013-09-30 · USDQ2 20132013-06-30 · USDQ1 20132013-03-31 · USD
Total Revenue2,520,000,000USD278,900,000USD261,200,000USD240,900,000USD265,200,000USD275,100,000USD278,300,000USD327,700,000USD
Cost Of Revenue1,623,000,000USD57,900,000USD51,400,000USD52,900,000USD56,600,000USD63,400,000USD83,300,000USD144,400,000USD
Gross Profit897,000,000USD221,000,000USD209,800,000USD188,000,000USD208,600,000USD211,700,000USD195,000,000USD183,300,000USD
Selling General Administrative181,000,000USD43,500,000USD43,500,000USD44,800,000USD51,400,000USD56,800,000USD58,400,000USD64,400,000USD
General And Administrative Expenses181,000,000USD———————
Total Operating Expenses181,000,000USD220,100,000USD58,300,000USD56,700,000USD69,500,000USD68,000,000USD63,400,000USD80,900,000USD
Operating Income716,000,000USD900,000USD151,500,000USD131,300,000USD158,100,000USD153,600,000USD152,500,000USD120,800,000USD
Total Other Income Expense Net-124,000,000USD-51,300,000USD-50,600,000USD-50,000,000USD-50,700,000USD-50,200,000USD-69,300,000USD-67,500,000USD
Interest Income5,000,000USD———————
Income Before Tax592,000,000USD-50,400,000USD100,900,000USD81,300,000USD90,400,000USD95,300,000USD83,200,000USD53,300,000USD
Income Tax Expense-73,000,000USD-26,900,000USD25,800,000USD20,900,000USD23,600,000USD27,100,000USD20,300,000USD17,500,000USD
Equity Method Income Loss2,000,000USD———————
Discontinued Operations0USD0USD0USD0USD0USD0USD0USD0USD
Net Income665,000,000USD-23,500,000USD75,100,000USD60,400,000USD66,800,000USD68,200,000USD62,900,000USD35,800,000USD
Minority Interest158,000,000USD0USD0USD0USD2,461,200,000USD0USD0USD0USD
Net Income Applicable To Common Shares665,000,000USD-75,100,000USD75,100,000USD60,400,000USD66,800,000USD68,200,000USD62,900,000USD35,800,000USD
Research Development—0USD0USD0USD0USD0USD0USD0USD
Selling And Marketing Expenses—600,000USD100,000USD200,000USD————
Unclassified Operating Expenses—176,000,000USD14,700,000USD11,700,000USD18,100,000USD11,200,000USD5,000,000USD16,500,000USD
Interest Expense—49,200,000USD48,700,000USD48,100,000USD51,500,000USD50,900,000USD50,600,000USD49,600,000USD
Net Income From Continuing Ops—0USD0USD0USD233,700,000USD0USD0USD0USD
Ebit—-1,200,000USD149,600,000USD129,400,000USD158,100,000USD153,600,000USD152,500,000USD120,800,000USD
Ebitda—15,300,000USD165,400,000USD145,800,000USD175,500,000USD169,400,000USD168,500,000USD137,400,000USD
Depreciation And Amortization—16,500,000USD15,800,000USD16,400,000USD17,400,000USD15,800,000USD16,000,000USD16,600,000USD
Reconciled Depreciation—16,500,000USD15,800,000USD16,400,000USD————
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Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20132013-12-31 · USDFY 20122012-12-31 · USDFY 20112011-12-31 · USDFY 20092009-12-31 · USDFY 20082008-12-31 · USDFY 20072007-12-31 · USDFY 20062006-12-31 · USDFY 20052005-12-31 · USD
Total Revenue1,146,300,000USD1,970,900,000USD2,335,700,000USD2,502,200,000USD2,537,400,000USD2,455,000,000USD2,234,000,000USD2,048,000,000USD
Cost Of Revenue347,700,000USD1,152,300,000USD1,398,900,000USD1,544,900,000USD1,582,900,000USD1,478,000,000USD1,354,000,000USD1,265,000,000USD
Gross Profit798,600,000USD818,600,000USD936,800,000USD957,300,000USD954,500,000USD977,000,000USD880,000,000USD783,000,000USD
Selling General Administrative198,600,000USD224,500,000USD337,400,000USD497,500,000USD490,400,000USD500,000,000USD474,000,000USD454,000,000USD
Selling And Marketing Expenses6,200,000USD48,300,000USD——————
Unclassified Operating Expenses71,600,000USD128,100,000USD——————
Total Operating Expenses276,400,000USD400,900,000USD——————
Operating Income522,200,000USD417,700,000USD434,600,000USD330,500,000USD345,200,000USD355,000,000USD290,000,000USD241,000,000USD
Interest Expense196,500,000USD221,700,000USD0USD0USD0USD0USD0USD0USD
Income Before Tax322,200,000USD159,700,000USD146,800,000USD284,300,000USD284,800,000USD293,000,000USD223,000,000USD80,000,000USD
Income Tax Expense88,500,000USD42,000,000USD39,800,000USD97,500,000USD84,700,000USD103,000,000USD75,000,000USD53,000,000USD
Net Income233,700,000USD117,700,000USD107,000,000USD186,800,000USD200,100,000USD190,000,000USD148,000,000USD27,000,000USD
Net Income From Continuing Ops233,700,000USD———————
Ebit512,800,000USD368,700,000USD——————
Ebitda578,600,000USD482,900,000USD——————
Depreciation And Amortization65,800,000USD114,200,000USD——————
Total Other Income Expense Net-200,000,000USD-258,000,000USD——————
Minority Interest2,461,200,000USD———————
Net Income Applicable To Common Shares233,700,000USD117,700,000USD107,000,000USD186,800,000USD200,100,000USD190,000,000USD148,000,000USD27,000,000USD
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Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Assets25,022,000,000USD24,880,000,000USD25,615,000,000USD25,669,000,000USD25,688,000,000USD24,881,000,000USD24,632,000,000USD25,071,000,000USD
Total Current Assets2,343,000,000USD2,154,000,000USD2,830,000,000USD3,015,000,000USD2,788,000,000USD2,530,000,000USD2,282,000,000USD2,255,000,000USD
Other Current Assets256,000,000USD172,000,000USD668,000,000USD832,000,000USD817,000,000USD795,000,000USD108,000,000USD217,000,000USD
Other Non Current Assets1,357,000,000USD———————
Total Liabilities19,627,000,000USD———————
Total Current Liabilities2,314,000,000USD2,178,000,000USD2,891,000,000USD2,847,000,000USD2,754,000,000USD2,627,000,000USD2,364,000,000USD2,208,000,000USD
Other Current Liabilities146,000,000USD———————
Other Non Current Liabilities900,000,000USD———————
Total Stockholder Equity3,850,000,000USD3,743,000,000USD3,634,000,000USD3,381,000,000USD3,317,000,000USD3,116,000,000USD3,110,000,000USD3,236,000,000USD
Total Equity Including Noncontrolling Interest5,395,000,000USD———————
Short Long Term Debt48,000,000USD75,000,000USD68,000,000USD116,000,000USD221,000,000USD218,000,000USD222,000,000USD126,000,000USD
Long Term Debt13,206,000,000USD13,228,000,000USD13,250,000,000USD13,415,000,000USD13,428,000,000USD13,441,000,000USD13,455,000,000USD13,571,000,000USD
Deferred Revenue Non Current496,000,000USD———————
Inventory224,000,000USD203,000,000USD205,000,000USD216,000,000USD167,000,000USD159,000,000USD142,000,000USD169,000,000USD
Property Plant Equipment Net4,194,000,000USD4,233,000,000USD4,264,000,000USD4,167,000,000USD4,152,000,000USD4,079,000,000USD4,088,000,000USD4,099,000,000USD
Goodwill6,183,000,000USD———————
Intangible Assets10,945,000,000USD11,079,000,000USD11,190,000,000USD11,130,000,000USD11,279,000,000USD10,932,000,000USD10,922,000,000USD11,347,000,000USD
Accounts Payable884,000,000USD813,000,000USD866,000,000USD826,000,000USD763,000,000USD697,000,000USD765,000,000USD754,000,000USD
Short Term Debt212,000,000USD286,000,000USD268,000,000USD316,000,000USD422,000,000USD413,000,000USD415,000,000USD322,000,000USD
Common Stock2,870,000,000USD2,902,000,000USD2,859,000,000USD2,502,000,000USD2,469,000,000USD2,430,000,000USD2,357,000,000USD2,300,000,000USD
Retained Earnings2,179,000,000USD1,903,000,000USD1,795,000,000USD1,902,000,000USD1,794,000,000USD1,811,000,000USD1,860,000,000USD1,794,000,000USD
Accumulated Other Comprehensive Income-1,199,000,000USD-1,062,000,000USD-1,020,000,000USD-1,023,000,000USD-946,000,000USD-1,125,000,000USD-1,107,000,000USD-858,000,000USD
Cash And Equivalents1,063,000,000USD—1,163,000,000USD1,206,000,000USD1,026,000,000USD899,000,000USD1,334,000,000USD1,176,000,000USD
Total Liab—19,589,000,000USD20,456,000,000USD20,504,000,000USD20,598,000,000USD20,057,000,000USD19,789,000,000USD20,032,000,000USD
Other Current Liab—990,000,000USD1,680,000,000USD1,611,000,000USD1,130,000,000USD1,146,000,000USD649,000,000USD672,000,000USD
Capital Stock—2,902,000,000USD2,859,000,000USD2,502,000,000USD2,469,000,000USD2,430,000,000USD2,357,000,000USD2,300,000,000USD
Good Will—6,251,000,000USD6,306,000,000USD6,221,000,000USD6,301,000,000USD6,099,000,000USD5,986,000,000USD6,187,000,000USD
Cash—1,012,000,000USD1,163,000,000USD1,206,000,000USD1,026,000,000USD899,000,000USD1,334,000,000USD1,176,000,000USD
Cash And Short Term Investments—1,012,000,000USD1,163,000,000USD1,206,000,000USD1,026,000,000USD899,000,000USD1,334,000,000USD1,176,000,000USD
Current Deferred Revenue—89,000,000USD77,000,000USD94,000,000USD266,000,000USD249,000,000USD307,000,000USD256,000,000USD
Net Debt—14,671,000,000USD16,416,000,000USD14,636,000,000USD14,970,000,000USD15,047,000,000USD14,622,000,000USD14,831,000,000USD
Short Long Term Debt Total—15,683,000,000USD17,579,000,000USD15,842,000,000USD15,996,000,000USD15,946,000,000USD15,956,000,000USD16,007,000,000USD
Net Receivables—767,000,000USD794,000,000USD761,000,000USD778,000,000USD677,000,000USD698,000,000USD693,000,000USD
Property Plant Equipment Gross—5,506,000,000USD5,509,000,000USD5,377,000,000USD5,340,000,000USD5,210,000,000USD5,175,000,000USD5,382,000,000USD
Common Stock Shares Outstanding—459,000,000shares457,000,000shares457,000,000shares457,000,000shares456,000,000shares455,000,000shares454,000,000shares
Non Current Assets Total—22,726,000,000USD22,785,000,000USD22,654,000,000USD22,900,000,000USD22,351,000,000USD22,350,000,000USD22,816,000,000USD
Non Current Liabilities Total—17,411,000,000USD17,565,000,000USD17,657,000,000USD17,844,000,000USD17,430,000,000USD17,425,000,000USD17,824,000,000USD
Non Current Liabilities Other—63,000,000USD57,000,000USD47,000,000USD27,000,000USD29,000,000USD29,000,000USD28,000,000USD
Non Currrent Assets Other—883,000,000USD856,000,000USD952,000,000USD954,000,000USD931,000,000USD964,000,000USD944,000,000USD
Net Working Capital—-24,000,000USD-61,000,000USD168,000,000USD34,000,000USD-97,000,000USD-82,000,000USD47,000,000USD
Unclassified Non Current Assets—280,000,000USD-856,000,000USD-952,000,000USD-954,000,000USD-931,000,000USD-964,000,000USD-944,000,000USD
Unclassified Current Liabilities—-75,000,000USD-68,000,000USD-116,000,000USD-48,000,000USD-96,000,000USD—78,000,000USD
Unclassified Non Current Liabilities—4,120,000,000USD4,258,000,000USD4,195,000,000USD4,389,000,000USD3,960,000,000USD3,941,000,000USD4,225,000,000USD
Unclassified Equity—-2,902,000,000USD-2,859,000,000USD-2,502,000,000USD-2,469,000,000USD-2,430,000,000USD-2,357,000,000USD-2,300,000,000USD
Other Assets——1,025,000,000USD1,136,000,000USD1,168,000,000USD1,241,000,000USD1,354,000,000USD1,183,000,000USD
SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Total Assets25,615,000,000USD24,632,000,000USD23,391,000,000USD22,746,000,000USD23,246,000,000USD22,777,000,000USD22,360,000,000USD20,141,000,000USD
Intangible Assets11,190,000,000USD10,922,000,000USD11,107,000,000USD10,991,000,000USD11,417,000,000USD10,701,000,000USD10,563,000,000USD10,463,000,000USD
Other Current Assets668,000,000USD108,000,000USD119,000,000USD123,000,000USD86,000,000USD72,000,000USD52,000,000USD60,000,000USD
Total Liab20,456,000,000USD19,789,000,000USD18,661,000,000USD18,478,000,000USD19,393,000,000USD19,056,000,000USD18,101,000,000USD16,523,000,000USD
Total Stockholder Equity3,634,000,000USD3,110,000,000USD2,866,000,000USD2,499,000,000USD2,237,000,000USD2,167,000,000USD2,490,000,000USD1,611,000,000USD
Other Current Liab1,680,000,000USD649,000,000USD652,000,000USD631,000,000USD653,000,000USD534,000,000USD503,000,000USD497,000,000USD
Common Stock2,859,000,000USD2,357,000,000USD1,973,000,000USD2,057,000,000USD2,156,000,000USD2,399,000,000USD2,478,000,000USD1,737,000,000USD
Capital Stock2,859,000,000USD2,357,000,000USD1,973,000,000USD2,057,000,000USD2,156,000,000USD2,399,000,000USD2,478,000,000USD1,737,000,000USD
Retained Earnings1,795,000,000USD1,860,000,000USD1,599,000,000USD1,121,000,000USD791,000,000USD622,000,000USD775,000,000USD674,000,000USD
Good Will6,306,000,000USD5,986,000,000USD5,775,000,000USD5,688,000,000USD6,006,000,000USD5,739,000,000USD5,651,000,000USD5,486,000,000USD
Other Assets1,025,000,000USD1,354,000,000USD1,262,000,000USD905,000,000USD842,000,000USD2,042,000USD494,000,000USD437,000,000USD
Cash1,163,000,000USD1,334,000,000USD1,139,000,000USD1,178,000,000USD1,087,000,000USD1,560,000,000USD1,533,000,000USD913,000,000USD
Cash And Equivalents1,163,000,000USD1,334,000,000USD1,139,000,000USD1,178,000,000USD1,087,000,000USD1,560,000,000USD1,533,000,000USD913,000,000USD
Cash And Short Term Investments1,163,000,000USD1,334,000,000USD1,139,000,000USD1,178,000,000USD1,087,000,000USD1,560,000,000USD1,533,000,000USD913,000,000USD
Total Current Assets2,830,000,000USD2,282,000,000USD2,173,000,000USD2,048,000,000USD1,816,000,000USD2,264,000,000USD2,196,000,000USD1,500,000,000USD
Total Current Liabilities2,891,000,000USD2,364,000,000USD2,144,000,000USD2,116,000,000USD1,878,000,000USD1,601,000,000USD1,703,000,000USD1,408,000,000USD
Current Deferred Revenue77,000,000USD307,000,000USD325,000,000USD273,000,000USD269,000,000USD233,000,000USD203,000,000USD194,000,000USD
Net Debt16,416,000,000USD14,622,000,000USD13,376,000,000USD13,313,000,000USD13,533,000,000USD12,563,000,000USD11,933,000,000USD11,419,000,000USD
Short Term Debt268,000,000USD415,000,000USD248,000,000USD264,000,000USD236,000,000USD248,000,000USD227,000,000USD91,000,000USD
Short Long Term Debt68,000,000USD222,000,000USD101,000,000USD127,000,000USD96,000,000USD111,000,000USD101,000,000USD91,000,000USD
Short Long Term Debt Total17,579,000,000USD15,956,000,000USD14,515,000,000USD14,491,000,000USD14,620,000,000USD14,123,000,000USD13,466,000,000USD12,332,000,000USD
Long Term Debt13,250,000,000USD13,455,000,000USD12,854,000,000USD12,839,000,000USD12,916,000,000USD12,397,000,000USD11,759,000,000USD11,823,000,000USD
Net Receivables794,000,000USD698,000,000USD749,000,000USD614,000,000USD547,000,000USD536,000,000USD527,000,000USD452,000,000USD
Inventory205,000,000USD142,000,000USD166,000,000USD133,000,000USD96,000,000USD96,000,000USD84,000,000USD75,000,000USD
Accounts Payable866,000,000USD765,000,000USD790,000,000USD758,000,000USD614,000,000USD464,000,000USD644,000,000USD513,000,000USD
Property Plant Equipment Net4,264,000,000USD4,088,000,000USD3,074,000,000USD3,032,000,000USD3,165,000,000USD3,183,000,000USD3,183,000,000USD1,996,000,000USD
Property Plant Equipment Gross5,509,000,000USD5,175,000,000USD4,261,000,000USD4,093,000,000USD4,144,000,000USD3,183,000,000USD3,929,000,000USD0USD
Accumulated Other Comprehensive Income-1,020,000,000USD-1,107,000,000USD-706,000,000USD-679,000,000USD-710,000,000USD-854,000,000USD-763,000,000USD-800,000,000USD
Common Stock Shares Outstanding457,000,000shares454,000,000shares456,000,000shares455,000,000shares464,000,000shares468,000,000shares469,000,000shares473,000,000shares
Non Current Assets Total22,785,000,000USD22,350,000,000USD21,218,000,000USD20,698,000,000USD21,430,000,000USD20,513,000,000USD20,164,000,000USD18,641,000,000USD
Non Current Liabilities Total17,565,000,000USD17,425,000,000USD16,517,000,000USD16,362,000,000USD17,515,000,000USD17,455,000,000USD16,398,000,000USD15,115,000,000USD
Non Current Liabilities Other57,000,000USD29,000,000USD24,000,000USD2,210,000,000USD1,822,000,000USD3,633,000,000USD2,787,000,000USD1,547,000,000USD
Non Currrent Assets Other856,000,000USD964,000,000USD902,000,000USD380,000,000USD518,000,000USD619,000,000USD767,000,000USD696,000,000USD
Net Working Capital-61,000,000USD-82,000,000USD29,000,000USD-68,000,000USD-62,000,000USD663,000,000USD493,000,000USD92,000,000USD
Unclassified Non Current Assets-856,000,000USD-964,000,000USD-902,000,000USD-298,000,000USD-518,000,000USD268,958,000USD-542,000,000USD-491,000,000USD
Unclassified Current Liabilities-68,000,000USD—28,000,000USD63,000,000USD——25,000,000USD22,000,000USD
Unclassified Non Current Liabilities4,258,000,000USD3,941,000,000USD3,639,000,000USD-2,185,000,000USD-1,793,000,000USD-3,661,000,000USD-2,799,000,000USD-2,768,000,000USD
Unclassified Equity-2,859,000,000USD-2,357,000,000USD-1,973,000,000USD-2,057,000,000USD-2,156,000,000USD-2,399,000,000USD-2,478,000,000USD-1,737,000,000USD
Deferred Long Term Liab———1,313,000,000USD1,374,000,000USD1,425,000,000USD1,564,000,000USD1,519,000,000USD
Other Liab———2,185,000,000USD3,196,000,000USD3,661,000,000USD3,087,000,000USD2,994,000,000USD
Net Tangible Assets———-14,180,000,000USD-15,186,000,000USD-14,273,000,000USD-13,724,000,000USD-14,338,000,000USD
Short Term Investments—————66,000USD—0USD
Long Term Investments——————48,000,000USD54,000,000USD
Accumulated Depreciation———————0USD
Additional Paid In Capital———————0USD
Treasury Stock———————0USD
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Depreciation155,000,000USD
Stock Based Compensation70,000,000USD
Deferred Income Tax-215,000,000USD
Other Non Cash Items7,000,000USD
Change To Liabilities42,000,000USD
Change In Working Capital7,000,000USD
Operating Cash Flow757,000,000USD
Capital Expenditures-109,000,000USD
Other Investing Activities45,000,000USD
Unclassified Investing Cash Flow4,000,000USD
Investing Cash Flow-60,000,000USD
Net Debt Issuance-57,000,000USD
Net Common Stock Issuance-170,000,000USD
Common Dividends Paid-579,000,000USD
Other Financing Activities-1,000,000USD
Unclassified Financing Cash Flow54,000,000USD
Financing Cash Flow-753,000,000USD
Effect Of Forex Changes On Cash-8,000,000USD
Change In Cash-91,000,000USD
End Cash Flow1,063,000,000USD
SourceDisclosureDeterministicFinal

Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income338,000,000USD113,000,000USD436,000,000USD263,000,000USD221,000,000USD259,000,000USD357,000,000USD279,942,254USD
Depreciation78,000,000USD82,000,000USD77,000,000USD77,000,000USD71,000,000USD77,000,000USD79,635,000USD58,987,832USD
Stock Based Compensation35,000,000USD38,000,000USD32,000,000USD33,000,000USD48,000,000USD48,000,000USD37,000,000USD41,000,000USD
Other Non Cash Items64,000,000USD255,966,593USD-197,505,803USD106,350,687USD-24,000,000USD-29,000,000USD-7,526,000USD12,789,034USD
Change To Account Receivables30,000,000USD-23,000,000USD6,310,070USD-87,000,000USD15,000,000USD-50,000,000USD-8,874,000USD15,000,000USD
Change To Inventory-5,000,000USD9,000,000USD30,000,000USD9,000,000USD-39,000,000USD29,000,000USD-14,000,000USD7,000,000USD
Change In Working Capital-204,000,000USD52,000,000USD226,000,000USD-13,000,000USD-213,000,000USD115,000,000USD100,000,000USD-52,000,000USD
Total Cash From Operating Activities227,000,000USD540,966,593USD546,494,197USD459,350,687USD118,000,000USD481,000,000USD540,000,000USD332,648,353USD
Capital Expenditures-58,000,000USD-100,076,693USD-61,618,297USD-39,862,027USD-64,000,000USD-77,000,000USD-55,230,000USD-42,876,691USD
Free Cash Flow169,000,000USD440,889,900USD484,875,900USD419,488,660USD54,000,000USD404,000,000USD485,000,000USD289,771,662USD
Investments16,000,000USD18,000,000USD-11,000,000USD-18,000,000USD-184,000,000USD-44,000,000USD-57,000,000USD-528,000,000USD
Total Cashflows From Investing Activities-33,000,000USD-183,597,522USD-10,553,610USD-21,687,546USD-184,000,000USD-44,000,000USD-57,000,000USD-524,381,643USD
Net Borrowings-28,000,000USD-229,000,000USD-132,000,000USD-33,000,000USD-33,000,000USD-26,000,000USD-25,000,000USD—
Total Cash From Financing Activities-306,000,000USD-472,532,107USD-401,354,671USD-300,131,625USD-265,000,000USD-260,000,000USD-253,000,000USD91,000,000USD
Dividends Paid-283,000,000USD-271,759,970USD-284,638,174USD-282,000,000USD-262,000,000USD-262,000,000USD-261,000,000USD-260,887,997USD
Sale Purchase Of Stock-32,000,000USD33,000,000USD20,000,000USD20,000,000USD13,000,000USD78,000,000USD71,000,000USD—
Change In Cash-151,000,000USD-43,000,000USD180,000,000USD127,000,000USD-435,000,000USD158,000,000USD234,138,000USD-106,056,788USD
Begin Period Cash Flow1,163,000,000USD1,206,000,000USD1,026,000,000USD899,000,000USD1,334,000,000USD1,176,000,000USD941,862,000USD1,047,918,638USD
End Period Cash Flow1,012,000,000USD1,163,000,000USD1,206,000,000USD1,026,000,000USD899,000,000USD1,334,000,000USD1,176,000,000USD941,861,850USD
Other Cashflows From Investing Activities4,000,000USD-81,597,522USD50,446,390USD38,312,454USD10,000,000USD22,813,000USD11,246,000USD17,985,731USD
Other Cashflows From Financing Activities9,000,000USD13,347,460USD17,152,336USD8,708,113USD17,000,000USD22,312,035USD21,852,037USD30,287,021USD
Unclassified Operating Cash Flow-84,000,000USD—-27,000,000USD-7,000,000USD15,000,000USD11,000,000USD-26,109,000USD-8,070,767USD
Unclassified Investing Cash Flow5,000,000USD-19,923,307USD11,618,297USD-2,137,973USD54,000,000USD54,187,000USD43,984,000USD28,509,317USD
Unclassified Financing Cash Flow28,000,000USD-18,119,597USD-21,868,833USD-13,839,738USD—-72,312,035USD-59,852,037USD321,600,976USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Net Income1,075,000,000USD1,021,000,000USD1,190,000,000USD1,482,000,000USD1,253,000,000USD750,000,000USD1,111,000,000USD1,144,000,000USD
Depreciation301,000,000USD264,000,000USD194,502,713USD190,000,000USD201,000,000USD189,000,000USD185,000,000USD180,000,000USD
Stock Based Compensation151,000,000USD172,000,000USD194,000,000USD136,000,000USD102,000,000USD74,000,000USD68,000,000USD48,000,000USD
Other Non Cash Items202,000,000USD160,000,000USD451,382,977USD52,000,000USD17,000,000USD300,000,000USD-77,000,000USD-113,000,000USD
Change To Account Receivables-89,000,000USD7,000,000USD-147,000,000USD-110,000,000USD8,000,000USD-30,000USD-53,000,000USD-200,000,000USD
Change To Inventory-67,000,000USD30,000,000USD-43,000,000USD-61,000,000USD12,000,000USD-10,000,000USD-15,000,000USD-7,000,000USD
Change In Working Capital-112,000,000USD-109,000,000USD-269,000,000USD-310,000,000USD158,000,000USD-184,000,000USD131,000,000USD-123,000,000USD
Total Cash From Operating Activities1,714,000,000USD1,503,000,000USD1,323,000,000USD1,490,000,000USD1,726,000,000USD921,000,000USD1,476,000,000USD1,165,000,000USD
Capital Expenditures-265,000,000USD-201,000,000USD-120,000,000USD-100,000,000USD-106,000,000USD-117,000,000USD-62,000,000USD-86,000,000USD
Free Cash Flow1,449,000,000USD1,302,000,000USD1,203,000,000USD1,390,000,000USD1,620,000,000USD804,000,000USD1,414,000,000USD1,079,000,000USD
Investments76,000,000USD-660,000,000USD-9,000,000USD71,000,000USD-1,103,000,000USD33,000,000USD24,000,000USD33,000,000USD
Total Cashflows From Investing Activities-399,000,000USD-660,000,000USD11,000,000USD-64,000,000USD-1,103,000,000USD-79,000,000USD-30,000,000USD-44,000,000USD
Net Borrowings-427,000,000USD260,000,000USD-37,000,000USD-92,000,000USD446,000,000USD438,000,000USD-66,000,000USD-2,000,000USD
Total Cash From Financing Activities-1,436,000,000USD-625,000,000USD-1,374,000,000USD-1,307,000,000USD-1,093,000,000USD-821,000,000USD-842,000,000USD-1,285,000,000USD
Dividends Paid-1,108,000,000USD-1,029,000,000USD-990,000,000USD-971,000,000USD-974,000,000USD-959,000,000USD-901,000,000USD-728,000,000USD
Sale Purchase Of Stock33,000,000USD78,000,000USD-500,000,000USD-326,000,000USD-551,000,000USD-298,000,000USD102,000,000USD-621,000,000USD
Change In Cash-171,000,000USD195,000,000USD-39,000,000USD91,000,000USD-473,000,000USD27,000,000USD620,000,000USD-184,000,000USD
Begin Period Cash Flow1,334,000,000USD1,139,000,000USD1,178,000,000USD1,087,000,000USD1,560,000,000USD1,533,000,000USD913,000,000USD1,097,000,000USD
End Period Cash Flow1,163,000,000USD1,334,000,000USD1,139,000,000USD1,178,000,000USD1,087,000,000USD1,560,000,000USD1,533,000,000USD913,000,000USD
Other Cashflows From Investing Activities18,000,000USD7,000,000USD36,000,000USD-35,000,000USD-9,000,000USD5,000,000USD8,000,000USD1,000,000USD
Other Cashflows From Financing Activities66,000,000USD66,000,000USD93,000,000USD54,000,000USD-74,000,000USD4,846,000,000USD2,325,000,000USD2,000,000USD
Unclassified Operating Cash Flow97,000,000USD—-437,885,690USD-60,000,000USD—-208,000,000USD58,000,000USD29,000,000USD
Unclassified Investing Cash Flow-228,000,000USD194,000,000USD104,000,000USD—115,000,000USD——8,000,000USD
Issuance Of Capital Stock—0USD0USD30,000,000USD0USD———
Unclassified Financing Cash Flow——60,000,000USD28,000,000USD60,000,000USD-4,848,000,000USD-2,302,000,000USD64,000,000USD
Change To Liabilities———169,000,000USD149,000,000USD-183,000,000USD112,000,000USD41,000,000USD
Cash And Cash Equivalents Changes———119,000,000USD-470,000,000USD27,000,000USD620,000,000USD-184,000,000USD
Exchange Rate Changes—————6,000,000USD16,000,000USD-20,000,000USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Operating metrics

No operating metrics are currently published for this company.

Revenue breakdown

PeriodDimensionBusiness / regionRevenueCurrencySource
Q2 2026Quarterly · 2026-06-30GeographyCanada1,037,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30GeographyOthers286,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30GeographyUnited States1,197,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductAdvertising Services322,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductFranchisor34,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductOther218,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductProduct1,405,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductProperty Revenues0USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductRoyalty537,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductSupply Chain Sales Revenue4,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30SegmentBurger King342,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30SegmentFirehouse Subs62,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30SegmentInternational274,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30SegmentPopeyes Louisiana Kitchen199,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30SegmentRestaurant Holdings506,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30SegmentTim Hortons1,137,000,000USDDisclosure
Q1 2026Quarterly · 2026-03-31GeographyCanada902,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31GeographyOthers263,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31GeographyUnited States1,099,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31ProductAdvertising Services297,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31ProductFranchisor36,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31ProductOther194,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31ProductProduct1,245,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31ProductRoyalty488,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31ProductSupply Chain Sales Revenue4,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31SegmentBurger King317,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31SegmentFirehouse Subs60,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31SegmentInternational253,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31SegmentPopeyes Louisiana Kitchen190,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31SegmentRestaurant Holdings448,000,000USD0001618756-26-000029
Q1 2026Quarterly · 2026-03-31SegmentTim Hortons997,000,000USD0001618756-26-000029
Q4 2025Quarterly · 2025-12-31GeographyCanada1,011,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31GeographyOthers284,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31GeographyUnited States1,171,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31SegmentBurger King332,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31SegmentFirehouse Subs59,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31SegmentInternational262,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31SegmentPopeyes Louisiana Kitchen195,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31SegmentRestaurant Holdings480,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31SegmentTim Hortons1,136,000,000USDLegacy provider
FY 2025Yearly · 2025-12-31GeographyCanada3,846,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31GeographyOthers1,031,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31GeographyUnited States4,557,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31ProductAdvertising Services1,217,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31ProductFranchisor151,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31ProductOther814,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31ProductProduct5,257,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31ProductRoyalty1,977,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31ProductSales Revenue18,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31SegmentBurger King1,316,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31SegmentFirehouse Subs232,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31SegmentInternational998,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31SegmentPopeyes Louisiana Kitchen800,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31SegmentRestaurant Holdings1,840,000,000USD0001618756-26-000017
FY 2025Yearly · 2025-12-31SegmentTim Hortons4,247,000,000USD0001618756-26-000017
Q3 2025Quarterly · 2025-09-30GeographyCanada1,028,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30GeographyOthers273,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30GeographyUnited States1,148,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30ProductAdvertising Services314,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30ProductFranchisor41,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30ProductOther213,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30ProductProduct1,357,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30ProductRoyalty520,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30ProductSupply Chain Sales Revenue4,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30SegmentBurger King338,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30SegmentFirehouse Subs60,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30SegmentInternational268,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30SegmentPopeyes Louisiana Kitchen201,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30SegmentRestaurant Holdings459,000,000USD0001618756-25-000300
Q3 2025Quarterly · 2025-09-30SegmentTim Hortons1,125,000,000USD0001618756-25-000300
Q2 2025Quarterly · 2025-06-30GeographyCanada992,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30GeographyOthers253,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30GeographyUnited States1,165,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30ProductAdvertising Services318,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30ProductFranchisor41,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30ProductOther215,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30ProductProduct1,332,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30ProductRoyalty500,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30ProductSupply Chain Sales Revenue4,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30SegmentBurger King338,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30SegmentFirehouse Subs59,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30SegmentInternational250,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30SegmentPopeyes Louisiana Kitchen210,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30SegmentRestaurant Holdings469,000,000USD0001618756-25-000292
Q2 2025Quarterly · 2025-06-30SegmentTim Hortons1,083,000,000USD0001618756-25-000292
Q1 2025Quarterly · 2025-03-31GeographyCanada815,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31GeographyOthers221,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31GeographyUnited States1,073,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31ProductAdvertising Services277,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31ProductFranchisor33,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31ProductOther181,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31ProductProduct1,169,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31ProductRoyalty445,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31ProductSupply Chain Sales Revenue4,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31SegmentBurger King308,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31SegmentFirehouse Subs54,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31SegmentInternational218,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31SegmentPopeyes Louisiana Kitchen194,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31SegmentRestaurant Holdings432,000,000USD0001618756-26-000029
Q1 2025Quarterly · 2025-03-31SegmentTim Hortons903,000,000USD0001618756-26-000029

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.