Restaurant Financial Statements From 2010 to 2024

QSR Stock  CAD 96.68  0.78  0.80%   
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
2.6 B
Profit Margin
0.1601
Market Capitalization
43.9 B
Enterprise Value Revenue
4.7082
Revenue
7.9 B
We have found one hundred twenty available trending fundamental ratios for Restaurant Brands, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Restaurant Brands' recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.

Restaurant Brands Total Revenue

4.79 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 Depreciation And Amortization of 176 M, Interest Expense of 489.1 M or Selling General Administrative of 617.8 M, as well as many indicators such as Price To Sales Ratio of 5.2, Dividend Yield of 0.029 or PTB Ratio of 5.79. Restaurant financial statements analysis is a perfect complement when working with Restaurant Brands Valuation or Volatility modules.
  
This module can also supplement various Restaurant Brands Technical models . Check out the analysis of Restaurant Brands Correlation against competitors.

Restaurant Brands Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets20.7 B23.4 B17.2 B
Slightly volatile
Other Current Liabilities727.8 M781 M621.7 M
Slightly volatile
Total Current Liabilities1.6 B2.1 B1.3 B
Slightly volatile
Total Stockholder Equity2.2 B2.9 B2.5 B
Pretty Stable
Property Plant And Equipment Net2.6 B3.1 B2.2 B
Slightly volatile
Retained Earnings1.7 B1.6 B619.2 M
Slightly volatile
Accounts Payable481.2 M790 M391.2 M
Slightly volatile
Cash1.3 B1.1 B1.1 B
Slightly volatile
Non Current Assets Total18.7 B21.2 B15.4 B
Slightly volatile
Other Assets649.2 M943 M573 M
Slightly volatile
Cash And Short Term Investments1.3 B1.1 B1.1 B
Slightly volatile
Net Receivables504.5 M749 M424 M
Slightly volatile
Good Will5.1 B5.8 B4.1 B
Slightly volatile
Common Stock Shares Outstanding483.8 M456 M431.3 M
Slightly volatile
Non Current Liabilities Total14.2 B16.5 B11.7 B
Slightly volatile
Inventory95.2 M166 M76.4 M
Slightly volatile
Other Current Assets68.8 M119 M94.8 M
Slightly volatile
Total Liabilities15.9 B18.7 B13.2 B
Slightly volatile
Total Current AssetsB2.2 B1.7 B
Slightly volatile
Intangible Assets10.2 B11.1 B8.4 B
Slightly volatile
Common Stock1.9 BB1.5 B
Slightly volatile
Short and Long Term Debt Total12.5 B14.5 B9.8 B
Slightly volatile
Other Liabilities2.8 B2.5 B2.3 B
Slightly volatile
Current Deferred Revenue212.4 M325 M163.3 M
Slightly volatile
Long Term Debt11.5 B12.9 BB
Slightly volatile
Common Stock Total EquityB2.8 B1.6 B
Slightly volatile
Liabilities And Stockholders Equity22.1 B23.4 B17.3 B
Slightly volatile
Deferred Long Term Liabilities1.5 B1.7 B1.2 B
Slightly volatile
Long Term Investments196.2 M313.9 M192.3 M
Slightly volatile
Property Plant And Equipment Gross3.1 B4.3 B2.4 B
Slightly volatile
Short and Long Term Debt96 M101 M946.1 M
Slightly volatile
Short Term Debt160.9 M248 M174.5 M
Very volatile
Property Plant Equipment2.7 B3.5 B2.2 B
Slightly volatile
Long Term Debt Total12.5 B15.2 B10.9 B
Slightly volatile
Capital Lease Obligations1.1 B1.6 B698.6 M
Slightly volatile
Non Current Liabilities Other22.8 M24 M536.4 M
Pretty Stable
Net Invested Capital16.2 B15.8 B14.5 B
Slightly volatile
Capital Stock1.7 BB1.9 B
Slightly volatile

Restaurant Brands Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization176 M191 M155 M
Slightly volatile
Interest Expense489.1 M595 M416.2 M
Slightly volatile
Selling General Administrative617.8 M647 M520.4 M
Slightly volatile
Selling And Marketing Expenses90.6 M86.2 M57.9 M
Slightly volatile
Total Revenue4.8 BB4.1 B
Slightly volatile
Gross Profit2.3 B2.8 BB
Slightly volatile
Other Operating Expenses3.1 B4.9 B2.7 B
Slightly volatile
Operating Income1.5 B2.1 B1.3 B
Slightly volatile
EBIT1.7 B2.2 B1.4 B
Slightly volatile
EBITDA1.8 B2.3 B1.5 B
Slightly volatile
Cost Of Revenue2.5 B4.2 B2.1 B
Slightly volatile
Total Operating Expenses664.4 M665 M567.9 M
Slightly volatile
Net Income783.8 M1.2 B638 M
Slightly volatile
Interest Income38 M40 M366.4 M
Slightly volatile
Reconciled Depreciation207 M191 M186.1 M
Slightly volatile

Restaurant Brands Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation203.7 M194 M71 M
Slightly volatile
Free Cash Flow1.1 B1.2 B883.9 M
Slightly volatile
Begin Period Cash Flow1.2 B1.2 BB
Slightly volatile
Depreciation176 M191 M155 M
Slightly volatile
Dividends Paid668.3 M990 M532.5 M
Slightly volatile
Capital Expenditures82.8 M120 M75.1 M
Slightly volatile
Total Cash From Operating Activities1.2 B1.3 B959 M
Slightly volatile
End Period Cash Flow1.3 B1.1 B1.1 B
Slightly volatile
Change To Netincome389.7 M690 M320.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.23.47154.9479
Slightly volatile
Dividend Yield0.0290.04060.0311
Slightly volatile
PTB Ratio5.798.50547.5427
Very volatile
Days Sales Outstanding50.1238.932644.132
Pretty Stable
Book Value Per Share12.4115.160313.6832
Pretty Stable
Free Cash Flow Yield0.05180.04940.0569
Slightly volatile
Operating Cash Flow Per Share3.024.24043.3004
Slightly volatile
Stock Based Compensation To Revenue0.0290.02760.0155
Slightly volatile
Capex To Depreciation0.380.62830.4804
Pretty Stable
PB Ratio5.798.50547.5427
Very volatile
EV To Sales7.765.37636.9348
Pretty Stable
Free Cash Flow Per Share2.813.85583.0541
Slightly volatile
ROIC0.07860.15330.094
Slightly volatile
Inventory Turnover24.1525.421772.0496
Slightly volatile
Net Income Per Share1.953.81412.1283
Slightly volatile
Days Of Inventory On Hand21.4614.357817.3242
Very volatile
Payables Turnover6.965.34187.7642
Slightly volatile
Sales General And Administrative To Revenue0.140.09210.131
Very volatile
Capex To Revenue0.02110.01710.0215
Slightly volatile
Cash Per Share3.163.65063.578
Slightly volatile
POCF Ratio24.1818.425226.3592
Slightly volatile
Interest Coverage2.383.44712.808
Slightly volatile
Payout Ratio0.640.83190.6981
Slightly volatile
Capex To Operating Cash Flow0.10.09070.1231
Slightly volatile
PFCF Ratio28.2520.263132.8539
Slightly volatile
Days Payables Outstanding87.0568.329472.0171
Pretty Stable
ROE0.230.41520.2635
Slightly volatile
EV To Operating Cash Flow34.7328.535634.4081
Slightly volatile
PE Ratio39.1820.484544.76
Slightly volatile
Return On Tangible Assets0.10.18280.1216
Slightly volatile
EV To Free Cash Flow39.7331.38241.4954
Slightly volatile
Earnings Yield0.03410.04880.0376
Slightly volatile
Intangibles To Total Assets0.580.72170.6974
Slightly volatile
Current Ratio1.61.01351.5671
Slightly volatile
Receivables Turnover7.59.37529.4892
Very volatile
Graham Number17.2728.076819.0938
Slightly volatile
Shareholders Equity Per Share11.079.18599.2373
Pretty Stable
Debt To Equity3.294.52023.8381
Slightly volatile
Capex Per Share0.210.38460.2462
Slightly volatile
Revenue Per Share12.0222.506413.5724
Slightly volatile
Interest Debt Per Share29.0243.429532.1363
Slightly volatile
Debt To Assets0.420.55380.5236
Pretty Stable
Enterprise Value Over EBITDA18.1215.382916.892
Slightly volatile
Short Term Coverage Ratios10.113.09910.7239
Slightly volatile
Price Earnings Ratio39.1820.484544.76
Slightly volatile
Operating Cycle71.5853.290561.4562
Very volatile
Price Book Value Ratio5.798.50547.5427
Very volatile
Days Of Payables Outstanding87.0568.329472.0171
Pretty Stable
Dividend Payout Ratio0.640.83190.6981
Slightly volatile
Price To Operating Cash Flows Ratio24.1818.425226.3592
Slightly volatile
Price To Free Cash Flows Ratio28.2520.263132.8539
Slightly volatile
Operating Profit Margin0.260.29210.2994
Pretty Stable
Company Equity Multiplier5.988.16157.0089
Slightly volatile
Long Term Debt To Capitalization0.620.81770.7492
Slightly volatile
Total Debt To Capitalization0.620.81880.7522
Slightly volatile
Return On Capital Employed0.06530.09650.0804
Pretty Stable
Debt Equity Ratio3.294.52023.8381
Slightly volatile
Ebit Per Revenue0.260.29210.2994
Pretty Stable
Quick Ratio1.540.93611.5176
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.041.19191.9738
Slightly volatile
Cash Ratio1.030.53131.005
Slightly volatile
Operating Cash Flow Sales Ratio0.190.18840.2214
Slightly volatile
Days Of Inventory Outstanding21.4614.357817.3242
Very volatile
Days Of Sales Outstanding50.1238.932644.132
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.730.90930.8655
Slightly volatile
Cash Flow Coverage Ratios0.080.10210.099
Pretty Stable
Price To Book Ratio5.798.50547.5427
Very volatile
Fixed Asset Turnover1.52.28431.8931
Very volatile
Capital Expenditure Coverage Ratio13.1711.02514.4733
Pretty Stable
Price Cash Flow Ratio24.1818.425226.3592
Slightly volatile
Enterprise Value Multiple18.1215.382916.892
Slightly volatile
Debt Ratio0.420.55380.5236
Pretty Stable
Cash Flow To Debt Ratio0.080.10210.099
Pretty Stable
Price Sales Ratio5.23.47154.9479
Slightly volatile
Return On Assets0.0290.05090.0337
Slightly volatile
Asset Turnover0.190.30020.2484
Pretty Stable
Net Profit Margin0.130.16950.1406
Slightly volatile
Gross Profit Margin0.560.3990.5043
Very volatile
Price Fair Value5.798.50547.5427
Very volatile
Return On Equity0.230.41520.2635
Slightly volatile

Restaurant Fundamental Market Drivers

Forward Price Earnings13.3156
Cash And Short Term Investments1.1 B

About Restaurant Brands Financial Statements

Restaurant Brands investors utilize fundamental indicators, such as revenue or net income, to predict how Restaurant Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue325 M212.4 M
Total RevenueB4.8 B
Cost Of Revenue4.2 B2.5 B
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.09  0.14 
Capex To Revenue 0.02  0.02 
Revenue Per Share 22.51  12.02 
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 together with Restaurant Stock

  0.77CEF Sprott Physical GoldPairCorr

Moving against Restaurant Stock

  0.49SLF-PG Sun Life NonPairCorr
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
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:
Check out the analysis of Restaurant Brands Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.