The Inventing Press

Restaurant Brands International Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$9.4B$8.4B$7.0B$6.5B$5.7B
Cost of revenue$2.4B$2.3B$1.9B
Operating income$2.2B$2.4B$2.1B$1.9B$1.9B
Pretax income$1.7B$1.8B$1.5B$1.4B$1.4B
Income tax expense$483.0M$364.0M-$265.0M-$117.0M$110.0M
Net income$1.1B$1.4B$1.7B$1.5B$1.3B
Balance Sheet
Current assets$2.8B$2.3B$2.2B$2.0B$1.8B
Total assets$25.6B$24.6B$23.4B$22.7B$23.2B
Current liabilities$2.9B$2.4B$2.1B$2.1B$1.9B
Total liabilities$20.5B$19.8B$18.7B$18.5B$19.4B
Total debt$13.4B$13.8B$13.0B$13.0B$13.1B
Stockholders' equity$3.6B$3.1B$2.9B$2.5B$2.2B
Cash Flow Statement
Cash from operations$1.7B$1.5B$1.3B$1.5B$1.7B
Depreciation and amortization$210.0M$186.0M$137.0M$135.0M$148.0M
Stock-based compensation$151.0M$172.0M$194.0M$136.0M$102.0M
Capital expenditure$265.0M$201.0M$120.0M$100.0M$106.0M
Free cash flow$1.4B$1.3B$1.2B$1.4B$1.6B
Dividends paid$1.1B$1.0B$990.0M$971.0M$974.0M
Share repurchases$0$0$500.0M$326.0M$551.0M

Shares outstanding 347.0M · Free float 62.0%

Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.