Restaurant Brands International Limited Partnership — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Restaurant Brands International Limited Partnership filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.43B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $8.41B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $7.02B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $6.51B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $5.74B | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | $1.36B | Feb 23, 2021 |
| FY2020 | Sep 30, 2020 | $1.34B | Feb 23, 2021 |
| FY2020 | Jun 30, 2020 | $1.05B | Feb 23, 2021 |
| FY2020 | Mar 31, 2020 | $1.23B | Feb 23, 2021 |
| FY2020 | Dec 31, 2019 | $1.48B | Feb 23, 2021 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2014 | Dec 31, 2014 | $826.50M | Mar 12, 2015 |
| FY2014 | Dec 31, 2013 | $743.10M | Mar 12, 2015 |
| FY2014 | Dec 31, 2012 | $727.40M | Mar 12, 2015 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $139.00M | Feb 23, 2021 |
| FY2020 | Sep 30, 2020 | $223.00M | Feb 23, 2021 |
| FY2020 | Jun 30, 2020 | $164.00M | Feb 23, 2021 |
| FY2020 | Mar 31, 2020 | $224.00M | Feb 23, 2021 |
| FY2020 | Dec 31, 2019 | $257.00M | Feb 23, 2021 |
| FY2020 | Sep 30, 2019 | $351.00M | Feb 23, 2021 |
| FY2020 | Jun 30, 2019 | $257.00M | Feb 23, 2021 |
| FY2020 | Mar 31, 2019 | $246.00M | Feb 23, 2021 |
| FY2019 | Dec 31, 2018 | $301.00M | Feb 21, 2020 |
| FY2019 | Sep 30, 2018 | $250.00M | Feb 21, 2020 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.20B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $2.42B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $2.05B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $1.90B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $1.88B | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | $373.00M | Feb 23, 2021 |
| FY2020 | Sep 30, 2020 | $417.00M | Feb 23, 2021 |
| FY2020 | Jun 30, 2020 | $243.00M | Feb 23, 2021 |
| FY2020 | Mar 31, 2020 | $389.00M | Feb 23, 2021 |
| FY2020 | Dec 31, 2019 | $511.00M | Feb 23, 2021 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $1.26B | Feb 23, 2021 |
| FY2020 | Dec 31, 2019 | $1.26B | Feb 23, 2021 |
| FY2020 | Dec 31, 2018 | $1.21B | Feb 23, 2021 |
| FY2019 | Dec 31, 2017 | $416.00M | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $319.00M | Feb 22, 2019 |
| FY2017 | Dec 31, 2015 | $437.70M | Feb 23, 2018 |
| FY2016 | Dec 31, 2014 | $345.40M | Feb 17, 2017 |
| FY2015 | Dec 31, 2013 | $242.40M | Feb 26, 2016 |
| FY2014 | Dec 31, 2012 | $347.60M | Mar 12, 2015 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.71B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $1.50B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $1.32B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $1.49B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $1.73B | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $921.00M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $1.48B | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | $1.17B | Feb 23, 2021 |
| FY2019 | Dec 31, 2017 | $1.43B | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $1.21B | Feb 22, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $265.00M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $201.00M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $120.00M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $100.00M | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $106.00M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $117.00M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $62.00M | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | $86.00M | Feb 23, 2021 |
| FY2019 | Dec 31, 2017 | $37.00M | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $34.00M | Feb 22, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $25.62B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $24.63B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $23.39B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $22.75B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $23.25B | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $22.78B | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $22.36B | Feb 23, 2021 |
| FY2019 | Jan 1, 2019 | $21.18B | Feb 21, 2020 |
| FY2019 | Dec 31, 2018 | $20.14B | Feb 21, 2020 |
| FY2019 | Jan 1, 2018 | $21.31B | Feb 21, 2020 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $20.46B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $19.79B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $18.66B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $18.48B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $19.39B | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $19.06B | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $18.10B | Feb 23, 2021 |
| FY2019 | Jan 1, 2019 | $17.54B | Feb 21, 2020 |
| FY2019 | Dec 31, 2018 | $16.52B | Feb 21, 2020 |
| FY2019 | Jan 1, 2018 | $17.00B | Feb 21, 2020 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2018 | $3.62B | Feb 21, 2020 |
| FY2019 | Jan 1, 2018 | $4.31B | Feb 21, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.31B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $5.99B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $5.78B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $5.69B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $6.01B | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $5.74B | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $5.65B | Feb 23, 2021 |
| FY2019 | Jan 1, 2019 | $5.49B | Feb 21, 2020 |
| FY2019 | Dec 31, 2018 | $5.49B | Feb 21, 2020 |
| FY2019 | Jan 1, 2018 | $5.78B | Feb 21, 2020 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $0 | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $0 | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $0 | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $0 | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $0 | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $0 | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $0 | Feb 23, 2021 |
| FY2019 | Dec 31, 2018 | $0 | Feb 21, 2020 |
| FY2018 | Dec 31, 2017 | $0 | Feb 22, 2019 |
| FY2014 | Dec 31, 2013 | $225.50M | Mar 12, 2015 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2019 | $1.53B | Feb 21, 2020 |
| FY2019 | Jan 1, 2019 | $913.00M | Feb 21, 2020 |
| FY2019 | Dec 31, 2018 | $913.00M | Feb 21, 2020 |
| FY2019 | Jan 1, 2018 | $1.10B | Feb 21, 2020 |
| FY2018 | Dec 31, 2017 | $1.10B | Feb 22, 2019 |
| FY2018 | Dec 31, 2016 | $1.44B | Feb 22, 2019 |
| FY2018 | Dec 31, 2015 | $788.00M | Feb 22, 2019 |
| FY2017 | Dec 31, 2014 | $1.80B | Feb 23, 2018 |
| FY2016 | Dec 31, 2013 | $786.90M | Feb 17, 2017 |
| FY2015 | Dec 31, 2012 | $546.70M | Feb 26, 2016 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $13.28B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $13.64B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $12.92B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $12.93B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $12.98B | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $12.48B | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $11.83B | Feb 23, 2021 |
| FY2019 | Dec 31, 2018 | $11.89B | Feb 21, 2020 |
| FY2018 | Dec 31, 2017 | $11.86B | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $8.49B | Feb 23, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2015 | Dec 31, 2014 | 0 | Feb 26, 2016 |
| FY2015 | Sep 30, 2014 | 0 | Feb 26, 2016 |
| FY2015 | Jun 30, 2014 | 0 | Feb 26, 2016 |
| FY2015 | Mar 31, 2014 | 0 | Feb 26, 2016 |
| FY2014 | Dec 31, 2013 | 0 | Mar 12, 2015 |
| FY2014 | Sep 30, 2013 | 0 | Mar 12, 2015 |
| FY2014 | Jun 30, 2013 | 0 | Mar 12, 2015 |
| FY2014 | Mar 31, 2013 | 0 | Mar 12, 2015 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2015 | Dec 31, 2014 | 0 | Feb 26, 2016 |
| FY2015 | Sep 30, 2014 | 0 | Feb 26, 2016 |
| FY2015 | Jun 30, 2014 | 0 | Feb 26, 2016 |
| FY2015 | Mar 31, 2014 | 0 | Feb 26, 2016 |
| FY2014 | Dec 31, 2013 | 0 | Mar 12, 2015 |
| FY2014 | Sep 30, 2013 | 0 | Mar 12, 2015 |
| FY2014 | Jun 30, 2013 | 0 | Mar 12, 2015 |
| FY2014 | Mar 31, 2013 | 0 | Mar 12, 2015 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2015 | Dec 31, 2014 | $105.60M | Feb 26, 2016 |
| FY2015 | Dec 31, 2013 | $84.30M | Feb 26, 2016 |
| FY2014 | Dec 31, 2012 | $14.00M | Mar 12, 2015 |