NYSE:QSR
Restaurant Brands International Inc.
Restaurant Brands International Inc.'s revenue grew 12.2% in fiscal 2025 to $9.4B while operating margin fell to 23.3%, its lowest in 10 years. Free cash flow was $1.4B, 15.4% of revenue, and the diluted share count rose 0.7%.Summary generated from Restaurant Brands International Inc.'s SEC filings. Latest annual report filed Feb 20, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$9.4B
Revenue growth+12.2%
Revenue, 5-yr CAGR+13.7%
Gross marginn/a
Operating margin23.3%
Net margin11.4%
ROIC10.1%
Return on equity31.9%
Debt / equity3.65
Free cash flow$1.4B
FCF margin15.4%
Share count change+0.7%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 5,739 | 6,505 | 7,022 | 8,406 | 9,434 |
| Operating income | 1,879 | 1,898 | 2,051 | 2,419 | 2,202 |
| Net income | 1,253 | 1,482 | 1,718 | 1,445 | 1,075 |
| Free cash flow | 1,620 | 1,390 | 1,203 | 1,302 | 1,449 |
Recent filings
- 4Insider transaction report
Oct 6, 2026 - 4Insider transaction report
Oct 6, 2026 - 8-KRegulation FD disclosure
Aug 10, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KResults of a shareholder vote
Jun 3, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 6, 2026 - 8-KResults of operations and financial condition
May 6, 2026