Restaurant Brands International revenue and financials
$69.87Change from previous close: −0.06%Absolute change: −$0.04
In the fiscal year ended December 2025, Restaurant Brands International reported revenue of $9.43B (+12.23% year over year). Net income was $1.08B, a net margin of 11.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +12.23%
- 2025 vs 2024
- Net income growth
- −25.61%
- 2025 vs 2024
- Net margin
- 11.4%
- 2024: 17.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 9,434 | 8,406 | 7,022 | 6,505 | 5,739 | 4,968 | 5,603 | 5,357 | 4,576 | 4,146 |
| Cost of revenue | 6,241 | 5,382 | 2,435 | 2,312 | 1,890 | 1,610 | 1,813 | 1,818 | 1,850 | 1,727 |
| Gross profit | 3,193 | 3,024 | 2,802 | 2,598 | 2,374 | — | — | — | — | — |
| Selling, general and administrative | 690 | 691 | 647 | 561 | 450 | — | — | — | — | — |
| Operating income | 2,202 | 2,419 | 2,051 | 1,898 | 1,879 | 1,422 | 2,007 | 1,917 | 1,735 | 1,667 |
| EBIT | 2,493 | 2,324 | 2,137 | 2,023 | 1,924 | — | — | — | — | — |
| EBITDA | 2,794 | 2,588 | 2,328 | 2,213 | 2,125 | — | — | — | — | — |
| Interest expense | 547 | 616 | 622 | 540 | 508 | — | — | — | — | — |
| Pre-tax income | 1,684 | 1,809 | 1,453 | 1,365 | 1,363 | — | — | — | — | — |
| Income tax | 483 | 364 | -265 | -117 | 110 | 66.0 | 341 | 238 | -134 | 244 |
| Net income | 1,075 | 1,445 | 1,718 | 1,482 | 1,253 | 750 | 1,111 | 1,144 | 1,235 | 956 |
| Net income to common shareholders | 776 | 1,021 | 1,190 | 1,008 | 838 | — | — | — | — | — |
| Basic EPS | 2.36 | 3.21 | 3.82 | 3.28 | 2.71 | 1.61 | 2.40 | 2.46 | 2.64 | 1.48 |
| Diluted EPS | 2.35 | 3.18 | 3.76 | 3.25 | 2.69 | 1.60 | 2.37 | 2.42 | 2.54 | 1.45 |
| Average shares (basic) | 329 | 319 | 312 | 307 | 310 | — | — | — | — | — |
| Average shares (diluted) | 457 | 454 | 456 | 455 | 464 | 468 | 469 | 473 | 477 | 470 |
| Dividend per share | 2.48 | 2.32 | 2.20 | 2.16 | 2.12 | — | — | — | — | — |