RSTRF · Restaurant Brands International Limited Partnership
$72.33
+0.00 (+0.00%)
At close · Jul 20
Market Cap
$24.27B
Shares
335.60M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$9.43B
+12.2%
FY2025
Net Income
$1.08B
-25.6%
FY2025
Gross Margin
68.94%
+4.1pp
FY2014
Operating Margin
23.34%
-5.4pp
FY2025
Diluted EPS
-$0.20
-130.8%
FY2014
Operating Cash Flow
$1.71B
+14%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $9.59B | $9.43B | $8.41B | $7.02B | $6.51B | $5.74B | $4.97B | $5.6B | $5.36B | $4.58B | $4.15B | $4.05B | $1.2B | $1.15B | $1.97B | |
| $845M | $832M | $837M | $851M | $813M | $793M | $718M | $833M | $744M | $765M | $753M | $760.2M | $242.7M | $213.7M | $151.3M | |
| $2.49B | — | — | $2.44B | $2.31B | $1.89B | $1.61B | $1.81B | $1.82B | $1.85B | $1.73B | $1.81B | $156.4M | $195.3M | $1.04B | |
| — | — | — | — | — | — | — | — | — | — | — | — | $826.5M | $743.1M | $727.4M | |
| — | — | — | — | — | — | — | — | — | — | — | — | 68.94% | 64.83% | 36.91% | |
| $730M | $741M | $733M | $704M | $631M | $484M | $407M | $406M | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | $1.26B | $1.26B | $1.21B | $416M | $319M | $437.7M | $345.4M | $242.4M | $347.6M | |
| $69M | $69M | $58M | $37M | $39M | $41M | $43M | $44M | $70M | $72M | $72M | $78.3M | $35.9M | $36.3M | $38.2M | |
| $308M | $301M | $264M | $191M | $190M | $201M | $189M | $185M | $180M | $182M | $172M | $182M | $68.8M | $65.8M | $114.2M | |
| $7.22B | $7.23B | $5.99B | $4.97B | $4.61B | $3.86B | $3.55B | $3.6B | $3.44B | $2.84B | $2.48B | $2.86B | $1.02B | $624.1M | $1.55B | |
| $2.37B | $2.2B | $2.42B | $2.05B | $1.9B | $1.88B | $1.42B | $2.01B | $1.92B | $1.74B | $1.67B | $1.19B | $181.1M | $522.2M | $417.7M | |
| — | 23.34% | 28.78% | 29.21% | 29.18% | 32.74% | 28.62% | 35.82% | 35.78% | 37.92% | 40.21% | 29.42% | 15.11% | 45.56% | 21.19% | |
| $2.68B | $2.5B | $2.68B | $2.24B | $2.09B | $2.08B | $1.61B | $2.19B | $2.1B | $1.92B | $1.84B | $1.37B | $249.9M | $588M | $531.9M | |
| $29M | $31M | $39M | $40M | $7M | $3M | $9M | $20M | $15M | $26M | $4M | $4.2M | $3.7M | — | — | |
| $8M | $11M | $69M | $8M | -$44M | -$4M | -$39M | $11M | $22M | $12M | $20M | -$4.1M | -$9.5M | -$12.7M | -$4.1M | |
| $1.86B | $1.68B | $1.81B | $1.45B | $1.37B | $1.36B | $816M | $1.45B | $1.38B | $1.1B | $1.2B | $673.9M | -$254M | $322.2M | $159.7M | |
| $439M | $483M | $364M | -$265M | -$117M | $110M | $66M | $341M | $238M | -$134M | $244M | $162.2M | $14.9M | $88.5M | $42M | |
| $1.3B | $1.08B | $1.45B | $1.72B | $1.48B | $1.25B | $750M | $1.11B | $1.14B | $1.24B | $956M | $511.7M | -$277.2M | $233.7M | $117.7M | |
| — | 11.39% | 17.19% | 24.47% | 22.78% | 21.83% | 15.1% | 19.83% | 21.36% | 26.99% | 23.06% | 12.63% | -23.12% | 20.39% | 5.97% | |
| $1M | $1M | $3M | $3M | $3M | $4M | $2M | $2M | $1M | $2M | $3M | $3.4M | $200K | — | — | |
| $1.3B | $1.07B | $1.44B | $1.72B | $1.48B | $1.25B | $748M | $1.11B | $1.14B | $1.21B | $683M | $237.1M | -$829.3M | $233.7M | $117.7M | |
| $1.46B | $1.27B | $902M | $1.7B | $1.53B | $1.5B | $651M | $1.37B | $590M | — | — | — | — | — | — | |
| USD/shares | — | — | — | — | — | — | — | — | — | — | — | — | -$0.20 | $0.67 | — |
| USD/shares | — | — | — | — | — | — | — | — | — | — | — | — | -$0.20 | $0.65 | — |
| shares | — | — | — | — | — | — | — | — | — | — | 429.8M | 465.5M | 351.9M | 351M | 349.7M |
| shares | — | — | — | — | — | — | — | — | — | — | 429.8M | 465.5M | 351.9M | 357.8M | 354.1M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2012–FY2025: $7.3M in buybacks, $9.43B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Restaurants median 1.51×
EV/EBIT
—
Restaurants median 21.48×
P/E (TTM)
—
Restaurants median 25.25×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Tim Hortons | $4,247,000,000 | $4,040,000,000 | $3,972,000,000 | $3,801,000,000 | $3,331,000,000 | $2,810,000,000 | $3,344,000,000 | $3,292,000,000 |
| Restaurant Holdings | $1,840,000,000 | $1,116,000,000 | — | — | — | — | — | — |
| Burger King | $1,316,000,000 | $1,333,000,000 | $1,297,000,000 | $1,196,000,000 | $1,156,000,000 | $1,602,000,000 | $1,777,000,000 | $1,651,000,000 |
| International Segment | $998,000,000 | $935,000,000 | $874,000,000 | $751,000,000 | $688,000,000 | — | — | — |
| Popeyes Louisiana Kitchen | $800,000,000 | $768,000,000 | $692,000,000 | $619,000,000 | $559,000,000 | $556,000,000 | $482,000,000 | $414,000,000 |
| Firehouse Subs | $232,000,000 | $214,000,000 | $187,000,000 | $138,000,000 | $5,000,000 | $0 | $0 | — |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $4,557,000,000 | $3,783,000,000 | $2,518,000,000 | $2,270,000,000 | $2,003,000,000 | $1,889,000,000 | $1,930,000,000 | $1,785,000,000 |
| Canada | $3,846,000,000 | $3,684,000,000 | $3,630,000,000 | $3,484,000,000 | $3,048,000,000 | $2,546,000,000 | $3,037,000,000 | $2,984,000,000 |
| Others | $1,031,000,000 | $939,000,000 | $874,000,000 | $751,000,000 | $688,000,000 | $533,000,000 | $636,000,000 | $588,000,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Royalty Property Revenue and Franchisor | $2,960,000,000 | $2,919,000,000 | $2,903,000,000 | $2,661,000,000 | $2,443,000,000 | $2,121,000,000 | $2,381,000,000 | $3,002,000,000 |
| Royalty | $1,977,000,000 | $1,940,000,000 | $1,920,000,000 | $1,737,000,000 | $1,561,000,000 | $1,327,000,000 | $1,459,000,000 | $2,165,000,000 |
| Advertising | $1,217,000,000 | $1,187,000,000 | $1,169,000,000 | $1,025,000,000 | $918,000,000 | $834,000,000 | $860,000,000 | — |
| Franchisor | $151,000,000 | $142,000,000 | $132,000,000 | $111,000,000 | $89,000,000 | $76,000,000 | $89,000,000 | $93,000,000 |
| Franchise and Property Revenue | — | — | — | — | — | $2,955,000,000 | $3,241,000,000 | $3,002,000,000 |
| Product | — | — | $2,950,000,000 | $2,819,000,000 | $2,378,000,000 | $2,013,000,000 | $2,362,000,000 | $2,355,000,000 |