MarketBrain

Restaurant Brands International Inc.

Financial highlights

MetricFY December 31, 2025FY December 31, 2024FY December 31, 2023FY December 31, 2022FY December 31, 2021
Revenue$9.4B$8.4B$7.0B$6.5B$5.7B
Operating income$2.2B$2.4B$2.1B$1.9B$1.9B
Cost of revenue$2.4B$2.3B$1.9B
Cash from operations$1.7B$1.5B$1.3B$1.5B$1.7B
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
Share repurchases$0$0$500.0M$326.0M$551.0M
Total assets$25.6B$24.6B$23.4B$22.7B$23.2B
Total liabilities$20.5B$19.8B$18.7B$18.5B$19.4B
Total debt$13.4B$13.8B$13.0B$13.0B$13.1B

Shares outstanding 347.0M · Free float 98.4%

Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.