Restaurant Financial Statements From 2010 to 2025

Restaurant Brands Balance Sheet		Trends
Current Value Last Year Historical Average  10 Year Trend Total Assets 21.2 B 24.6 B 17.7 B Slightly volatile Other Current Liabilities 727.8 M 898.1 M 639 M Slightly volatile Total Current Liabilities 1.7 B 2.4 B 1.4 B Slightly volatile Property Plant And Equipment Net 2.7 B 4.1 B 2.3 B Slightly volatile Retained Earnings 1.9 B 1.8 B 711.2 M Slightly volatile Accounts Payable 509 M 765 M 416.3 M Slightly volatile Cash 1.3 B 1.3 B 1.1 B Slightly volatile Non Current Assets Total 19.2 B 22.4 B 15.9 B Slightly volatile Other Assets 693.3 M 943 M 668.9 M Slightly volatile Cash And Short Term Investments 1.3 B 1.3 B 1.1 B Slightly volatile Net Receivables 524.7 M 698 M 442.4 M Slightly volatile Good Will 5.2 B 6 B 4.3 B Slightly volatile Common Stock Shares Outstanding 475 M 335.6 M 424.8 M Slightly volatile Non Current Liabilities Total 14.6 B 17.4 B 12.1 B Slightly volatile Inventory 99.8 M 142 M 80.8 M Slightly volatile Other Current Assets 96.4 M 108 M 97.4 M Slightly volatile Total Liabilities 16.4 B 19.8 B 13.7 B Slightly volatile Total Current Assets 2 B 2.3 B 1.7 B Slightly volatile Intangible Assets 10.3 B 10.9 B 8.6 B Slightly volatile Common Stock 1.9 B 2.3 B 1.5 B Slightly volatile Short and Long Term Debt Total 12.5 B 16.7 B 10.2 B Slightly volatile Current Deferred Revenue 212.4 M 373.8 M 176.5 M Slightly volatile Liabilities And Stockholders Equity 22.1 B 26.9 B 17.9 B Slightly volatile Short Term Debt 160.9 M 223.2 M 177.5 M Very volatile Other Liabilities 3.1 B 2.5 B 2.6 B Slightly volatile Long Term Debt 12.8 B 13.5 B 10.8 B Slightly volatile Long Term Investments 63.2 M 73.8 M 96.6 M Slightly volatile Short and Long Term Debt 233.1 M 222 M 88.7 M Slightly volatile Property Plant Equipment 2.9 B 3.5 B 2.6 B Slightly volatile Capital Lease Obligations 1.4 B 2.3 B 981.3 M Slightly volatile Non Current Liabilities Other 27.6 M 29 M 350.1 M Slightly volatile Net Invested Capital 18 B 18.5 B 16.5 B Slightly volatile Property Plant And Equipment Gross 4.7 B 5.2 B 4.1 B Slightly volatile
Restaurant Brands Income Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Depreciation And Amortization 176 M 219.7 M 159 M Slightly volatile Interest Expense 501.5 M 591 M 427.9 M Slightly volatile Selling General Administrative 628.8 M 691 M 531.8 M Slightly volatile Selling And Marketing Expenses 90.6 M 86.2 M 59 M Slightly volatile Total Revenue 5.1 B 8.4 B 4.4 B Slightly volatile Gross Profit 2.4 B 3 B 2 B Slightly volatile Other Operating Expenses 3.1 B 5.6 B 2.9 B Slightly volatile Operating Income 1.6 B 2.3 B 1.4 B Slightly volatile EBIT 1.7 B 2.5 B 1.5 B Slightly volatile EBITDA 1.8 B 2.7 B 1.6 B Slightly volatile Cost Of Revenue 2.7 B 5.4 B 2.3 B Slightly volatile Total Operating Expenses 6.4 B 6.1 B 1.3 B Slightly volatile Net Income 845.5 M 1.4 B 692.1 M Slightly volatile Net Income From Continuing Ops 1.3 B 1.4 B 965.1 M Slightly volatile Net Income Applicable To Common Shares 1.1 B 1.7 B 831.6 M Slightly volatile Interest Income 20.6 M 39 M 13.4 M Slightly volatile Reconciled Depreciation 217.4 M 264 M 191.6 M Slightly volatile
Restaurant Brands Cash Flow Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Stock Based Compensation 180.6 M 172 M 75.8 M Slightly volatile Free Cash Flow 1.1 B 1.3 B 911.7 M Slightly volatile Begin Period Cash Flow 1.2 B 1.1 B 1 B Slightly volatile Depreciation 184.8 M 264 M 162.3 M Slightly volatile Dividends Paid 704 M 1 B 565.7 M Slightly volatile Capital Expenditures 211.1 M 201 M 91 M Slightly volatile Total Cash From Operating Activities 1.2 B 1.5 B 995.3 M Slightly volatile End Period Cash Flow 1.3 B 1.3 B 1.1 B Slightly volatile Issuance Of Capital Stock 25.6 M 27 M 54.7 M Slightly volatile
Financial Ratios		Trends
Current Value Last Year Historical Average  10 Year Trend Price To Sales Ratio 2.35 2.4735 4.6152 Slightly volatile Dividend Yield 0.0298 0.0495 0.0323 Slightly volatile PTB Ratio 5.75 6.6857 7.4867 Very volatile Days Sales Outstanding 48.83 30.3081 43.1874 Pretty Stable Book Value Per Share 12.38 15.1818 13.7749 Pretty Stable Free Cash Flow Yield 0.0517 0.0626 0.0573 Slightly volatile Operating Cash Flow Per Share 3.07 4.7116 3.3917 Slightly volatile Stock Based Compensation To Revenue 0.013 0.0205 0.0148 Slightly volatile Capex To Depreciation 0.39 0.7614 0.4979 Very volatile PB Ratio 5.75 6.6857 7.4867 Very volatile EV To Sales 2.42 2.5518 6.3271 Slightly volatile Free Cash Flow Per Share 2.84 4.0815 3.1202 Slightly volatile ROIC 0.0592 0.0859 0.0717 Slightly volatile Inventory Turnover 63.5 37.9014 72.3747 Slightly volatile Net Income Per Share 2.0 3.2006 2.1984 Slightly volatile Days Of Inventory On Hand 9.15 9.6302 16.074 Very volatile Payables Turnover 7.02 7.0353 7.7224 Slightly volatile Sales General And Administrative To Revenue 0.14 0.0872 0.1283 Very volatile Capex To Revenue 0.0215 0.0239 0.0217 Slightly volatile Cash Per Share 3.18 4.1818 3.6169 Slightly volatile POCF Ratio 23.49 13.8339 25.5332 Slightly volatile Interest Coverage 2.46 4.1924 2.8995 Slightly volatile Payout Ratio 0.66 1.0078 0.7187 Slightly volatile Capex To Operating Cash Flow 0.11 0.1337 0.1244 Slightly volatile PFCF Ratio 27.43 15.9696 31.7474 Slightly volatile Days Payables Outstanding 84.74 51.8813 70.6143 Pretty Stable ROE 0.24 0.3283 0.2681 Slightly volatile EV To Operating Cash Flow 13.56 14.2717 31.8265 Slightly volatile PE Ratio 37.88 20.3648 43.154 Slightly volatile Return On Tangible Assets 0.1 0.1322 0.1223 Slightly volatile EV To Free Cash Flow 15.65 16.475 38.4266 Slightly volatile Earnings Yield 0.0345 0.0491 0.0384 Slightly volatile Intangibles To Total Assets 0.58 0.6864 0.6967 Slightly volatile Current Ratio 1.55 0.9653 1.5263 Slightly volatile Receivables Turnover 7.66 12.043 9.6588 Very volatile Graham Number 17.58 26.4968 19.5759 Slightly volatile Shareholders Equity Per Share 11.04 9.7492 9.2674 Pretty Stable Debt To Equity 0.61 0.6405 3.5572 Slightly volatile Capex Per Share 0.66 0.6301 0.2984 Slightly volatile Revenue Per Share 27.67 26.3511 15.3492 Slightly volatile Interest Debt Per Share 7.65 8.0533 29.1321 Slightly volatile Debt To Assets 0.0768 0.0809 0.4952 Slightly volatile Enterprise Value Over EBITDA 7.65 8.052 15.7775 Slightly volatile Short Term Coverage Ratios 9.7 6.7703 10.4518 Slightly volatile Price Earnings Ratio 37.88 20.3648 43.154 Slightly volatile Operating Cycle 69.45 39.9384 59.9783 Very volatile Price Book Value Ratio 5.75 6.6857 7.4867 Very volatile Days Of Payables Outstanding 84.74 51.8813 70.6143 Pretty Stable Dividend Payout Ratio 0.66 1.0078 0.7187 Slightly volatile Price To Operating Cash Flows Ratio 23.49 13.8339 25.5332 Slightly volatile Price To Free Cash Flows Ratio 27.43 15.9696 31.7474 Slightly volatile Operating Profit Margin 0.26 0.2878 0.2987 Pretty Stable Company Equity Multiplier 6.01 7.9203 7.0677 Slightly volatile Long Term Debt To Capitalization 0.59 0.3627 0.7232 Very volatile Total Debt To Capitalization 0.6 0.3904 0.7256 Very volatile Return On Capital Employed 0.067 0.1086 0.0823 Pretty Stable Debt Equity Ratio 0.61 0.6405 3.5572 Slightly volatile Ebit Per Revenue 0.26 0.2878 0.2987 Pretty Stable Quick Ratio 1.5 0.9052 1.4768 Slightly volatile Dividend Paid And Capex Coverage Ratio 1.98 1.222 1.923 Slightly volatile Cash Ratio 1.0 0.5643 0.9756 Slightly volatile Operating Cash Flow Sales Ratio 0.26 0.1788 0.2231 Slightly volatile Days Of Inventory Outstanding 9.15 9.6302 16.074 Very volatile Days Of Sales Outstanding 48.83 30.3081 43.1874 Pretty Stable Free Cash Flow Operating Cash Flow Ratio 0.72 0.8663 0.865 Slightly volatile Cash Flow Coverage Ratios 0.79 0.7545 0.1862 Slightly volatile Price To Book Ratio 5.75 6.6857 7.4867 Very volatile Fixed Asset Turnover 1.5 2.0563 1.9033 Very volatile Capital Expenditure Coverage Ratio 7.1 7.4776 13.6566 Pretty Stable Price Cash Flow Ratio 23.49 13.8339 25.5332 Slightly volatile Enterprise Value Multiple 7.65 8.052 15.7775 Slightly volatile Debt Ratio 0.0768 0.0809 0.4952 Slightly volatile Cash Flow To Debt Ratio 0.79 0.7545 0.1862 Slightly volatile Price Sales Ratio 2.35 2.4735 4.6152 Slightly volatile Return On Assets 0.0293 0.0415 0.0342 Slightly volatile Asset Turnover 0.19 0.3413 0.2542 Very volatile Net Profit Margin 0.12 0.1215 0.1388 Slightly volatile Gross Profit Margin 0.55 0.3597 0.4947 Pretty Stable Price Fair Value 5.75 6.6857 7.4867 Very volatile Return On Equity 0.24 0.3283 0.2681 Slightly volatile
Restaurant Brands Valuation Data		Trends
Current Value Last Year Historical Average  10 Year Trend Market Cap 16.6 B 18.7 B 20.4 B Slightly volatile Enterprise Value 17.2 B 19.3 B 21 B Slightly volatile

About Restaurant Brands Financial Statements

Pair Trading with Restaurant Brands

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Restaurant Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Restaurant Brands will appreciate offsetting losses from the drop in the long position's value.When determining whether Restaurant Brands is a strong investment it is important to analyze Restaurant Brands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Restaurant Brands' future performance. For an informed investment choice regarding Restaurant Stock, refer to the following important reports:

How To Invest In Restaurant Details

Is Restaurant Stock a good investment? Details

What is Restaurant Brands' Net Worth? Details

Largest Hotels, Restaurants & Leisure Companies View

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Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Restaurant Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Restaurant Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Restaurant Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.