Restaurant Brands International revenue and financials
$70.24Change from previous close: +0.53%Absolute change: +$0.37
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,714 | 1,503 | 1,323 | 1,490 | 1,726 | 921 | 1,476 | 1,165 | 1,391 | 1,250 |
| Depreciation and amortization | 301 | 264 | 191 | 190 | 201 | 189 | 185 | 180 | 182 | 172 |
| Capital expenditure | -265 | -201 | -120 | -100 | -106 | -117 | -62.0 | -86.0 | -37.0 | -34.0 |
| Investing cash flow | -318 | -660 | 11.0 | -64.0 | -1,103 | — | — | — | — | — |
| Financing cash flow | -1,436 | -625 | -1,374 | -1,307 | -1,093 | — | — | — | — | — |
| Dividends paid | -1,108 | -1,029 | -990 | -971 | -974 | -959 | -901 | -728 | -664 | -538 |
| Share repurchases | 0.0 | 0.0 | -500 | -326 | -551 | 0.0 | 0.0 | — | — | — |
| Debt issued | 0.0 | 2,450 | 55.0 | 2.0 | — | — | — | — | — | — |
| Debt repaid | -427 | -2,190 | -92.0 | -94.0 | — | — | — | — | — | — |
| Effect of exchange rates | 16.0 | -23.0 | 1.0 | -28.0 | -3.0 | — | — | — | — | — |
| Net change in cash | -171 | 195 | -39.0 | 91.0 | -473 | — | — | — | — | — |
| Free cash flow | 1,302 | 1,302 | 1,203 | 1,390 | 1,620 | — | — | — | — | — |
| Levered free cash flow | 1,390 | 1,468 | 1,119 | 1,250 | 1,373 | — | — | — | — | — |