Restaurant Financial Statements From 2010 to 2025

QSR Stock  USD 67.51  1.45  2.19%   
Restaurant Brands financial statements provide useful quarterly and yearly information to potential Restaurant Brands International investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Restaurant Brands financial statements helps investors assess Restaurant Brands' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Restaurant Brands' valuation are summarized below:
Gross Profit
B
Profit Margin
0.1215
Market Capitalization
29.7 B
Enterprise Value Revenue
4.2828
Revenue
8.4 B
There are over one hundred nineteen available trending fundamental ratios for Restaurant Brands, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to check out Restaurant Brands' recent fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction.

Restaurant Brands Total Revenue

8.83 Billion

Check Restaurant Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Restaurant Brands' main balance sheet or income statement drivers, such as Interest Expense of 309.7 M, Selling General Administrative of 583.6 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0298 or PTB Ratio of 5.75. Restaurant financial statements analysis is a perfect complement when working with Restaurant Brands Valuation or Volatility modules.
  
Check out the analysis of Restaurant Brands Correlation against competitors.

Restaurant Brands Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets14.4 B24.6 B17.1 B
Slightly volatile
Other Current Liabilities599.6 M1.1 B642.3 M
Slightly volatile
Total Current Liabilities1.2 B2.4 B1.4 B
Slightly volatile
Total Stockholder Equity2.3 B3.1 B2.6 B
Pretty Stable
Other Liabilities1.6 B2.5 BB
Slightly volatile
Retained EarningsB1.9 B710.4 M
Slightly volatile
Accounts Payable803.2 M765 M438.9 M
Slightly volatile
Cash900.4 M1.3 BB
Slightly volatile
Other Assets1.1 BB568.6 M
Slightly volatile
Long Term Debt7.4 B13.5 B8.9 B
Slightly volatile
Good Will3.3 BB4.1 B
Slightly volatile
Inventory149.1 M142 M84.9 M
Slightly volatile
Other Current Assets97.8 M108 M93.9 M
Very volatile
Total Liabilities11.1 B19.8 B13.2 B
Slightly volatile
Intangible Assets6.9 B10.9 B8.3 B
Slightly volatile
Common Stock1.3 B2.4 B1.5 B
Slightly volatile
Property Plant Equipment1.8 B3.5 B2.1 B
Slightly volatile
Common Stock Shares Outstanding478.2 M454 M432.4 M
Slightly volatile
Property Plant And Equipment Net2.7 B4.1 B2.3 B
Slightly volatile
Non Current Assets Total19.2 B22.4 B15.9 B
Slightly volatile
Cash And Short Term Investments1.3 B1.3 B1.1 B
Slightly volatile
Net Receivables524.7 M698 M442.4 M
Slightly volatile
Non Current Liabilities Total14.6 B17.4 B12.1 B
Slightly volatile
Total Current AssetsB2.3 B1.7 B
Slightly volatile
Short and Long Term Debt Total1.9 BB8.7 B
Slightly volatile
Current Deferred Revenue212.4 M373.8 M176.5 M
Slightly volatile
Common Stock Total EquityB2.4 B1.6 B
Slightly volatile
Liabilities And Stockholders Equity22.5 B24.6 B17.8 B
Slightly volatile
Deferred Long Term Liabilities1.5 B1.5 B1.1 B
Slightly volatile
Long Term Investments41 M43.2 M120.3 M
Pretty Stable
Short and Long Term Debt347.1 M222 M916.5 M
Slightly volatile
Short Term Debt189.9 M222 M205.2 M
Very volatile
Noncontrolling Interest In Consolidated Entity1.5 B1.6 BB
Slightly volatile
Retained Earnings Total Equity678.7 M1.3 B597 M
Slightly volatile
Long Term Debt Total12.3 B14.8 B11.1 B
Slightly volatile
Capital Lease Obligations2.4 B2.3 B776.8 M
Slightly volatile
Non Current Liabilities Other27.6 M29 M1.1 B
Pretty Stable
Cash And EquivalentsB1.1 B1.3 B
Slightly volatile
Net Invested Capital16.5 B16.8 B14.7 B
Slightly volatile
Capital Stock2.4 B2.4 BB
Slightly volatile

Restaurant Brands Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative583.6 M733 M552.7 M
Slightly volatile
Total Revenue8.8 B8.4 B4.6 B
Slightly volatile
Gross Profit1.9 BBB
Slightly volatile
Operating Income2.5 B2.4 B1.4 B
Slightly volatile
Cost Of Revenue5.7 B5.4 B2.5 B
Slightly volatile
Net Income549.1 MB639.5 M
Slightly volatile
Depreciation And Amortization188 M264 M164.9 M
Slightly volatile
Selling And Marketing Expenses37.1 M65.5 M48.7 M
Slightly volatile
Other Operating Expenses3.4 BB2.9 B
Slightly volatile
EBIT1.7 B2.4 B1.4 B
Slightly volatile
EBITDA1.9 B2.7 B1.6 B
Slightly volatile
Total Operating Expenses682.6 M733 M584.7 M
Slightly volatile
Interest Income37 M39 M254.5 M
Slightly volatile
Reconciled Depreciation217.1 M264 M191.5 M
Slightly volatile

Restaurant Brands Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures108.2 M201 M86 M
Slightly volatile
Total Cash From Operating Activities845.8 M1.5 B982.5 M
Slightly volatile
Dividends Paid1.1 BB610.9 M
Slightly volatile
End Period Cash Flow1.2 B1.3 B1.1 B
Slightly volatile
Stock Based Compensation180.6 M172 M75.2 M
Slightly volatile
Free Cash Flow1.1 B1.3 B911.7 M
Slightly volatile
Begin Period Cash Flow1.2 B1.1 BB
Slightly volatile
Depreciation185.1 M264 M162.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.352.47354.6152
Slightly volatile
Dividend Yield0.02980.04950.0323
Slightly volatile
PTB Ratio5.756.68577.4867
Very volatile
Days Sales Outstanding48.8330.308143.1874
Pretty Stable
Book Value Per Share12.3815.181813.7749
Pretty Stable
Free Cash Flow Yield0.05170.06260.0573
Slightly volatile
Operating Cash Flow Per Share3.074.71163.3917
Slightly volatile
Stock Based Compensation To Revenue0.0130.02050.0148
Slightly volatile
Capex To Depreciation0.390.76140.4979
Very volatile
PB Ratio5.756.68577.4867
Very volatile
EV To Sales2.422.55186.3271
Slightly volatile
Free Cash Flow Per Share2.844.08153.1202
Slightly volatile
ROIC0.05920.08590.0717
Slightly volatile
Inventory Turnover63.537.901472.3747
Slightly volatile
Net Income Per Share2.03.20062.1984
Slightly volatile
Days Of Inventory On Hand9.159.630216.074
Very volatile
Payables Turnover7.027.03537.7224
Slightly volatile
Sales General And Administrative To Revenue0.140.08720.1283
Very volatile
Capex To Revenue0.02150.02390.0217
Slightly volatile
Cash Per Share3.184.18183.6169
Slightly volatile
POCF Ratio23.4913.833925.5332
Slightly volatile
Interest Coverage2.464.19242.8995
Slightly volatile
Payout Ratio0.661.00780.7187
Slightly volatile
Capex To Operating Cash Flow0.110.13370.1244
Slightly volatile
PFCF Ratio27.4315.969631.7474
Slightly volatile
Days Payables Outstanding84.7451.881370.6143
Pretty Stable
ROE0.240.32830.2681
Slightly volatile
EV To Operating Cash Flow13.5614.271731.8265
Slightly volatile
PE Ratio37.8820.364843.154
Slightly volatile
Return On Tangible Assets0.10.13220.1223
Slightly volatile
EV To Free Cash Flow15.6516.47538.4266
Slightly volatile
Earnings Yield0.03450.04910.0384
Slightly volatile
Intangibles To Total Assets0.580.68640.6967
Slightly volatile
Current Ratio1.550.96531.5263
Slightly volatile
Receivables Turnover7.6612.0439.6588
Very volatile
Graham Number17.5826.496819.5759
Slightly volatile
Shareholders Equity Per Share11.049.74929.2674
Pretty Stable
Debt To Equity0.610.64053.5572
Slightly volatile
Capex Per Share0.660.63010.2984
Slightly volatile
Revenue Per Share27.6726.351115.3492
Slightly volatile
Interest Debt Per Share7.658.053329.1321
Slightly volatile
Debt To Assets0.07680.08090.4952
Slightly volatile
Enterprise Value Over EBITDA7.658.05215.7775
Slightly volatile
Short Term Coverage Ratios9.76.770310.4518
Slightly volatile
Price Earnings Ratio37.8820.364843.154
Slightly volatile
Operating Cycle69.4539.938459.9783
Very volatile
Price Book Value Ratio5.756.68577.4867
Very volatile
Days Of Payables Outstanding84.7451.881370.6143
Pretty Stable
Dividend Payout Ratio0.661.00780.7187
Slightly volatile
Price To Operating Cash Flows Ratio23.4913.833925.5332
Slightly volatile
Price To Free Cash Flows Ratio27.4315.969631.7474
Slightly volatile
Operating Profit Margin0.260.28780.2987
Pretty Stable
Company Equity Multiplier6.017.92037.0677
Slightly volatile
Long Term Debt To Capitalization0.590.36270.7232
Very volatile
Total Debt To Capitalization0.60.39040.7256
Very volatile
Return On Capital Employed0.0670.10860.0823
Pretty Stable
Debt Equity Ratio0.610.64053.5572
Slightly volatile
Ebit Per Revenue0.260.28780.2987
Pretty Stable
Quick Ratio1.50.90521.4768
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.981.2221.923
Slightly volatile
Cash Ratio1.00.56430.9756
Slightly volatile
Operating Cash Flow Sales Ratio0.260.17880.2231
Slightly volatile
Days Of Inventory Outstanding9.159.630216.074
Very volatile
Days Of Sales Outstanding48.8330.308143.1874
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.720.86630.865
Slightly volatile
Cash Flow Coverage Ratios0.790.75450.1862
Slightly volatile
Price To Book Ratio5.756.68577.4867
Very volatile
Fixed Asset Turnover1.52.05631.9033
Very volatile
Capital Expenditure Coverage Ratio7.17.477613.6566
Pretty Stable
Price Cash Flow Ratio23.4913.833925.5332
Slightly volatile
Enterprise Value Multiple7.658.05215.7775
Slightly volatile
Debt Ratio0.07680.08090.4952
Slightly volatile
Cash Flow To Debt Ratio0.790.75450.1862
Slightly volatile
Price Sales Ratio2.352.47354.6152
Slightly volatile
Return On Assets0.02930.04150.0342
Slightly volatile
Asset Turnover0.190.34130.2542
Very volatile
Net Profit Margin0.120.12150.1388
Slightly volatile
Gross Profit Margin0.550.35970.4947
Pretty Stable
Price Fair Value5.756.68577.4867
Very volatile
Return On Equity0.240.32830.2681
Slightly volatile

Restaurant Brands Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap16.6 B18.7 B20.4 B
Slightly volatile
Enterprise Value17.2 B19.3 B21 B
Slightly volatile

Restaurant Fundamental Market Drivers

Forward Price Earnings12.3609
Cash And Short Term Investments1.3 B

Restaurant Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Restaurant Brands Financial Statements

Restaurant Brands shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Restaurant Brands investors may analyze each financial statement separately, they are all interrelated. The changes in Restaurant Brands' assets and liabilities, for example, are also reflected in the revenues and expenses on on Restaurant Brands' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue373.8 M212.4 M
Total Revenue8.4 B8.8 B
Cost Of Revenue5.4 B5.7 B
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.09  0.14 
Capex To Revenue 0.02  0.02 
Revenue Per Share 26.35  27.67 
Ebit Per Revenue 0.29  0.26 

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.

Moving against Restaurant Stock

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The ability to find closely correlated positions to Restaurant Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Restaurant Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Restaurant Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Restaurant Brands International to buy it.
The correlation of Restaurant Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Restaurant Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Restaurant Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Restaurant Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Restaurant Stock Analysis

When running Restaurant Brands' price analysis, check to measure Restaurant Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Restaurant Brands is operating at the current time. Most of Restaurant Brands' value examination focuses on studying past and present price action to predict the probability of Restaurant Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Restaurant Brands' price. Additionally, you may evaluate how the addition of Restaurant Brands to your portfolios can decrease your overall portfolio volatility.