Restaurant Brands International Inc. (RBI) is a Canadian multinational fast food holding company. It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively. The company is the fifth-largest operator of fast food restaurants in the world after Subway, McDonald's Corporation, Starbucks and Yum! Brands. They are based alongside Tim Hortons in Toronto (previously Oakville, Ontario). For multiple purposes, Burger King, Popeyes, and Firehouse Subs retain their existing operations and headquarters in Florida, with BK and Popeyes in Miami, and Firehouse in Jacksonville. The 2014 merger focused primarily on expanding the international reach of the Tim Hortons brand and providing financial efficiencies for both companies.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| QSR | Restaurant Brands International Inc. | 2025-10-16 18:13:09 | 67.41 | -0.01 | -0.01 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QSR | 0001618756 | Restaurant Brands International Inc. | US76131D1037 | 5299009RXTX9DN9AKJ98 | — | NYSE | 5812 | Retail-Eating Places | 1231 | A6 | 5707 BLUE LAGOON DRIVE | MIAMI | FL | 33126 | UNITED STATES | US | (905) 845-6511 | 5707 BLUE LAGOON DRIVE, MIAMI, FL, 33126 | 5707 BLUE LAGOON DRIVE, MIAMI, FL, 33126 | 9060669 Canada Inc. | Foodservice | 2014-12-15 | Joshua Kobza | 6,300 | http://rbi.com | 22,028,437,126 | 327,777,360 | 316,382,439 | Restaurant Brands International Inc. (RBI) is a Canadian multinational fast food holding company. It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively. The company is the fifth-largest operator of fast food restaurants in the world after Subway, McDonald's Corporation, Starbucks and Yum! Brands. They are based alongside Tim Hortons in Toronto (previously Oakville, Ontario). For multiple purposes, Burger King, Popeyes, and Firehouse Subs retain their existing operations and headquarters in Florida, with BK and Popeyes in Miami, and Firehouse in Jacksonville. The 2014 merger focused primarily on expanding the international reach of the Tim Hortons brand and providing financial efficiencies for both companies. | 2025-10-10 19:23:39 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 22,028,437,126 | -1,907,011,991 | -7.9673 | — | — | — |
| 2023 | 23,935,449,117 | 8,731,704,508 | 57.4313 | 313,350,086 | 5,402,435 | 1.7543 |
| 2022 | 15,203,744,609 | -4,432,116,089 | -22.5715 | 307,947,651 | -1,684,935 | -0.5442 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 37,600 |
| 2023 | 9,000 |
| 2022 | 6,400 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 8,406,000,000 | 7,022,000,000 | 6,505,000,000 |
| Cost Of Revenue | 2,180,000,000 | 2,435,000,000 | 2,312,000,000 |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 733,000,000 | 704,000,000 | 631,000,000 |
| Operating Expenses | 5,987,000,000 | 4,971,000,000 | 4,607,000,000 |
| Operating Income | 2,419,000,000 | 2,051,000,000 | 1,898,000,000 |
| Net Income | 1,445,000,000 | 1,718,000,000 | 1,482,000,000 |
| Earnings Per Share Basic | 3.21 | 3.82 | 3.28 |
| Earnings Per Share Diluted | 3.18 | 3.76 | 3.25 |
| Weighted Average Shares Outstanding Basic | 319,000,000 | 312,000,000 | 307,000,000 |
| Weighted Average Shares Outstanding Diluted | 454,000,000 | 456,000,000 | 455,000,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 1,334,000,000 | 1,139,000,000 | 1,178,000,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 44,000,000 | 61,000,000 | — |
| Inventories | 142,000,000 | 166,000,000 | 133,000,000 |
| Non Trade Receivables | — | — | — |
| Other Assets Current | — | — | — |
| Total Assets Current | 2,282,000,000 | 2,173,000,000 | 2,048,000,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 1,179,000,000 | 1,329,000,000 | 1,400,000,000 |
| Other Assets Non Current | 1,354,000,000 | 1,262,000,000 | 905,000,000 |
| Total Assets Non Current | 4,171,000,000 | 21,218,000,000 | 20,698,000,000 |
| Total Assets | 24,632,000,000 | 23,391,000,000 | 22,746,000,000 |
| Accounts Payable | 765,000,000 | 790,000,000 | 758,000,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 187,000,000 | 67,000,000 | 95,000,000 |
| Other Liabilities Current | 124,000,000 | 117,000,000 | 109,000,000 |
| Total Liabilities Current | 2,364,000,000 | 2,144,000,000 | 2,116,000,000 |
| Long Term Debt | 13,642,000,000 | 12,921,000,000 | 12,934,000,000 |
| Other Liabilities Non Current | 706,000,000 | 996,000,000 | 872,000,000 |
| Total Liabilities Non Current | 17,425,000,000 | 16,517,000,000 | 16,362,000,000 |
| Total Liabilities | 19,789,000,000 | 18,661,000,000 | 18,478,000,000 |
| Common Stock | 2,357,000,000 | 1,973,000,000 | 2,057,000,000 |
| Retained Earnings | 1,860,000,000 | 1,599,000,000 | 1,121,000,000 |
| Accumulated Other Comprehensive Income | -1,107,000,000 | -706,000,000 | -679,000,000 |
| Total Shareholders Equity | 3,110,000,000 | 2,866,000,000 | 2,499,000,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 264,000,000 | 191,000,000 | 190,000,000 |
| Share Based Compensation Expense | 172,000,000 | 194,000,000 | 136,000,000 |
| Other Non Cash Income Expense | -19,000,000 | -26,000,000 | -19,000,000 |
| Change In Accounts Receivable | -7,000,000 | 147,000,000 | 110,000,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | -30,000,000 | 22,000,000 | 169,000,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 1,503,000,000 | 1,323,000,000 | 1,490,000,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 201,000,000 | 120,000,000 | 100,000,000 |
| Acquisition Of Business | 508,000,000 | 0 | 12,000,000 |
| Other Investing Activities | 27,000,000 | 18,000,000 | 35,000,000 |
| Cash From Investing Activities | -660,000,000 | 11,000,000 | -64,000,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 744,000,000 | 691,000,000 | 664,000,000 |
| Issuance Of Common Stock | 0 | 0 | 30,000,000 |
| Repurchase Of Common Stock | 0 | 500,000,000 | 326,000,000 |
| Issuance Of Long Term Debt | 2,450,000,000 | 55,000,000 | 2,000,000 |
| Repayment Of Long Term Debt | 2,190,000,000 | 92,000,000 | 94,000,000 |
| Other Financing Activities | -2,000,000 | -4,000,000 | -3,000,000 |
| Cash From Financing Activities | -625,000,000 | -1,374,000,000 | -1,307,000,000 |
| Change In Cash | 195,000,000 | -39,000,000 | 91,000,000 |
| Cash At End Of Period | 1,334,000,000 | 1,139,000,000 | 1,178,000,000 |
| Income Taxes Paid | 293,000,000 | 290,000,000 | 275,000,000 |
| Interest Paid | 785,000,000 | 761,000,000 | 487,000,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 3.21 | 3.82 | 3.28 |
| Price To Earnings Ratio | 20.3053 | 20.4529 | 19.7165 |
| Earnings Growth Rate | -15.9686 | 16.4634 | 21.0332 |
| Price Earnings To Growth Ratio | -1.2716 | 1.2423 | 0.9374 |
| Book Value Per Share | 15.1818 | 15.1603 | 13.9023 |
| Price To Book Ratio | 4.2933 | 5.1536 | 4.6518 |
| Ebitda | 2,002,000,000 | 2,199,000,000 | 1,947,000,000 |
| Enterprise Value | 33,287,420,000 | 36,225,560,000 | 31,704,690,000 |
| Dividend Yield | 0.0358 | 0.0283 | 0.0334 |
| Dividend Payout Ratio | 0.5149 | 0.4022 | 0.448 |
| Debt To Equity Ratio | 4.4466 | 4.5318 | 5.2137 |
| Capital Expenditures | 114,000,000 | 120,000,000 | 80,000,000 |
| Free Cash Flow | 1,389,000,000 | 1,203,000,000 | 1,410,000,000 |
| Return On Equity | 0.4646 | 0.5994 | 0.593 |
| One Year Beta | 0.6288 | 0.6543 | 0.6943 |
| Three Year Beta | 0.6702 | 0.6832 | 0.9269 |
| Five Year Beta | 0.8837 | 0.8648 | 0.8624 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Kobza Joshua | Chief Executive Officer | 2025-10-07 | 1,130 | A | 126,765 |
| Kobza Joshua | Chief Executive Officer | 2025-10-07 | 178 | A | 20,064 |
| Kobza Joshua | Chief Executive Officer | 2025-10-07 | 1,406 | A | 157,619 |
| Siddiqui Sami A. | Chief Financial Officer | 2025-10-07 | 21 | A | 2,461 |
| Siddiqui Sami A. | Chief Financial Officer | 2025-10-07 | 43 | A | 4,875 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| John Boozman | Senator | 2025-03-06 | Sale (Full) | 2025-02-04 | Joint | $1,001 - $15,000 |
| Thomas H Tuberville | Senator | 2024-05-15 | Sale (Full) | 2024-04-04 | Joint | $1,001 - $15,000 |
| Thomas H Tuberville | Senator | 2023-05-12 | Purchase | 2023-04-03 | Joint | $1,001 - $15,000 |
| Thomas H Tuberville | Senator | 2023-05-11 | Purchase | 2023-04-03 | Joint | $1,001 - $15,000 |
| Ron L Wyden | Senator | 2020-06-04 | Purchase | 2020-05-05 | Spouse | $15,001 - $50,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| BURNEY CO/ | 2025-09-30 | 253,994 | 3,960 | 64.1399 |
| City State Bank | 2025-09-30 | 31,429 | 490 | 64.1408 |
| TRUST CO OF TOLEDO NA /OH/ | 2025-09-30 | 3,271 | 51 | 64.1373 |
| Blue Trust, Inc. | 2025-09-30 | 34,828 | 543 | 64.14 |
| Avanza Fonder AB | 2025-09-30 | 1,927,466 | 21,589 | 89.28 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| INCOME FUND OF AMERICA | 2025-07-31 | Class R-6 | RIDGX | 10,712,603 | 726,957,239.58 | 0.5433 |
| INCOME FUND OF AMERICA | 2025-07-31 | Class F-2 | AMEFX | 10,712,603 | 726,957,239.58 | 0.5433 |
| INCOME FUND OF AMERICA | 2025-07-31 | Class 529-F-1 | CIMFX | 10,712,603 | 726,957,239.58 | 0.5433 |
| INCOME FUND OF AMERICA | 2025-07-31 | Class 529-E | CIMEX | 10,712,603 | 726,957,239.58 | 0.5433 |
| INCOME FUND OF AMERICA | 2025-07-31 | Class 529-C | CIMCX | 10,712,603 | 726,957,239.58 | 0.5433 |