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Restaurant Brands International Inc (QSR.TO)

Restaurant Brands International Inc (QSR.TO)
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Restaurant Brands generates about $44 billion in system sales across more than 32,000 restaurants in over 120 markets, making it one of the largest restaurant companies globally. Its banners include Burger King (7,082 stores), Tim Hortons (4,539), Popeyes (3,520), and Firehouse Subs (1,345), concentrated in the US and Canada, with these brands also comprising 15,639 franchised international locations as of year-end 2024. The firm primarily earns revenue from franchise and property fees, supply chain sales within the Tim Hortons segment, company-operated restaurants, and advertising royalties.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 9,434,000 8,406,000 7,022,000 6,505,000 5,739,000
Sales Growth +12.23% +19.71% +7.95% +13.35% +15.52%
Net Income 776,000 1,021,000 1,190,000 1,008,000 838,000
Net Income Growth -24.00% -14.20% +18.06% +20.29% +72.43%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 25,615,000 24,632,000 23,391,000 22,746,000 23,246,000
Total Assets Growth +3.99% +5.31% +2.84% -2.15% +2.06%
Total Liabilities 20,456,000 19,789,000 18,661,000 18,478,000 19,393,000
Total Liabilities Growth +3.37% +6.04% +0.99% -4.72% +1.77%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 1,714,000 1,503,000 1,323,000 1,490,000 1,726,000
Operating Cash Flow Growth +14.04% +13.61% -11.21% -13.67% +87.41%
Net Cash Flow -187,000 218,000 -40,000 119,000 -470,000
Change in Net Cash Flow -185.78% +645.00% -133.61% +125.32% -2,338.10%
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