Company research / QSR

Restaurant Brands International Inc. (QSR)

CIK 0001618756 · NYSE · Retail-Eating Places

  • Sector Retail Trade
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Restaurant Brands International Inc. reported revenue of $9.43B. Revenue grew 12.2% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $9.70B.

Key ratios (year ended 2025-12-31)

23.3%
Operating margin
11.4%
Net margin
20.8%
Return on year-end equity
12.2%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-06

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$9.70B$9.43B$8.41B$7.02B$6.50B$5.74B$4.97B$5.60B$5.36B$4.58B$4.15B
Cost of Revenuen/an/an/a$2.44B$2.31B$1.89B$1.61B$1.81B$1.82B$1.85B$1.73B
Operating Income$2.61B$2.20B$2.42B$2.05B$1.90B$1.88B$1.42B$2.01B$1.92B$1.74B$1.67B
Depreciation & Amortization$308.00M$301.00M$264.00M$191.00M$190.00M$201.00M$189.00M$185.00M$180.00M$182.00M$172.00M
EBITDA$2.91B$2.50B$2.68B$2.24B$2.09B$2.08B$1.61B$2.19B$2.10B$1.92B$1.84B
Net Income$1.70B$1.07B$1.45B$1.72B$1.48B$1.25B$750.00M$1.11B$1.14B$1.24B$956.00M
EPS (Diluted)n/a$2.35$3.18$3.76$3.25$2.69$1.60$2.37$2.42$2.54$1.45
Total Assets$25.02B$25.61B$24.63B$23.39B$22.75B$23.25B$22.78B$22.36B$20.14B$21.22B$19.12B
Total Liabilities$19.63B$20.46B$19.79B$18.66B$18.48B$19.39B$19.06B$18.10B$16.52B$16.66B$12.34B
Long-Term Debt$13.25B$13.28B$13.64B$12.92B$12.93B$12.98B$12.48B$11.83B$11.89B$11.86B$8.48B
Shareholders' Equity$5.39B$5.16B$4.84B$4.73B$4.27B$3.85B$3.72B$4.26B$3.62B$4.56B$3.49B
Cash & Equivalentsn/an/an/an/an/an/an/an/a$913.00M$1.10B$1.48B
Operating Cash Flow$1.90B$1.71B$1.50B$1.32B$1.49B$1.73B$921.00M$1.48B$1.17B$1.39B$1.25B
Capital Expenditures$272.00M$265.00M$201.00M$120.00M$100.00M$106.00M$117.00M$62.00M$86.00M$37.00M$34.00M
Free Cash Flow$1.63B$1.45B$1.30B$1.20B$1.39B$1.62B$804.00M$1.41B$1.08B$1.35B$1.22B
Share Repurchases$170.00M$0$0$500.00M$326.00M$551.00M$0$0n/an/an/a
Dividends Paid$1.14B$1.11B$1.03B$990.00M$971.00M$974.00M$959.00M$901.00M$728.00M$664.00M$538.00M
Shares Outstanding349.21M346.32M324.43M312.45M307.14M309.03M304.72M298.28M251.53M243.90M234.24M
Dividends Per Sharen/a$2.48$2.32$2.20$2.16$2.12$2.08$2.00$1.80$0.78$0.62
Weighted Average Diluted Sharesn/a457.00M454.00M456.00M455.00M464.00M468.00M469.00M473.00M477.00M470.00M
EPS (Basic)n/a$2.36$3.21$3.82$3.28$2.71$1.61$2.40$2.46$2.64$1.48

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