Restaurant Brands International Inc. Income Statement

QSR / Consumer Discretionary|14 years of annual SEC 10-K data (FY2012-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.

Restaurant Brands International Inc. reported $9.4B in revenue and $1.1B in net income for FY2025. Revenue has grown at a 12.8% compound annual rate over the past 13 years.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score 0.76 (distress zone, below 1.8 threshold)
Strong return on equity: 37.9%

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012
Revenue	$9.4B	$8.4B	$7.0B	$6.5B	$5.7B	$5.0B	$5.6B	$5.4B	$4.6B	$4.1B	$4.1B	$1.2B	$1.1B	$2.0B
Cost of Revenue	-	-	$2.4B	$2.3B	$1.9B	$1.6B	$1.8B	$1.8B	$1.9B	$1.7B	$1.8B	$156.4M	$195.3M	$1.0B
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	$826.5M	$743.1M	$727.4M
SG&A Expense	$741.0M	$733.0M	$704.0M	$631.0M	$484.0M	$1.3B	$1.3B	$1.2B	$416.0M	$319.0M	$437.7M	$345.4M	$242.4M	$347.6M
Operating Income	$2.2B	$2.4B	$2.1B	$1.9B	$1.9B	$1.4B	$2.0B	$1.9B	$1.7B	$1.7B	$1.2B	$181.1M	$522.2M	$417.7M
Income Tax	$483.0M	$364.0M	-$265.0M	-$117.0M	$110.0M	$66.0M	$341.0M	$238.0M	-$134.0M	$244.0M	$162.2M	$15.3M	$88.5M	$42.0M
Net Income	$1.1B	$1.4B	$1.7B	$1.5B	$1.3B	$750.0M	$246.0M	$279.0M	$166.6M	$168.3M	$50.6M	$60.4M	$233.7M	$117.7M
EPS (Basic)	$3.82	$3.28	$2.71	$1.61	$2.40	$2.46	$2.64	$1.48	$0.51	-$1.16	$0.67	$0.34	$0.67	$0.34
EPS (Diluted)	$3.76	$3.25	$2.69	$1.60	$2.37	$2.42	$2.54	$1.45	$0.50	-$2.32	$0.65	$0.33	$0.65	$0.33
Shares Outstanding	324.4M	312.5M	307.1M	309.0M	304.7M	298.3M	251.5M	243.9M	234.2M	225.7M	202.1M	202.1M	357.8M	354.1M
Gross Margin	-	-	-	-	-	-	-	-	-	-	-	68.9%	64.8%	36.9%
Operating Margin	23.3%	28.8%	29.2%	29.2%	32.7%	28.6%	35.8%	35.8%	37.9%	40.2%	29.4%	15.1%	45.6%	21.2%
Profit Margin	11.4%	17.2%	24.5%	22.8%	21.8%	15.1%	4.4%	5.2%	3.6%	4.1%	1.3%	5.0%	20.4%	6.0%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Restaurant Brands International Inc. Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

Revenue

$9.4B

$8.4B

$7.0B

$6.5B

$5.7B

$5.0B

$5.6B

$5.4B

$4.6B

$4.1B

$1.2B

$1.1B

$2.0B

Cost of Revenue

$2.4B

$2.3B

$1.9B

$1.6B

$1.8B

$1.9B

$1.7B

$1.8B

$156.4M

$195.3M

$1.0B

Gross Profit

$826.5M

$743.1M

$727.4M

SG&A Expense

$741.0M

$733.0M

$704.0M

$631.0M

$484.0M

$1.3B

$1.2B

$416.0M

$319.0M

$437.7M

$345.4M

$242.4M

$347.6M

Operating Income

$2.2B

$2.4B

$2.1B

$1.9B

$1.4B

$2.0B

$1.9B

$1.7B

$1.2B

$181.1M

$522.2M

$417.7M

Income Tax

$483.0M

$364.0M

-$265.0M

-$117.0M

$110.0M

$66.0M

$341.0M

$238.0M

-$134.0M

$244.0M

$162.2M

$15.3M

$88.5M

$42.0M

Net Income

$1.1B

$1.4B

$1.7B

$1.5B

$1.3B

$750.0M

$246.0M

$279.0M

$166.6M

$168.3M

$50.6M

$60.4M

$233.7M

$117.7M

EPS (Basic)

$3.82

$3.28

$2.71

$1.61

$2.40

$2.46

$2.64

$1.48

$0.51

-$1.16

$0.67

$0.34

$0.67

$0.34

EPS (Diluted)

$3.76

$3.25

$2.69

$1.60

$2.37

$2.42

$2.54

$1.45

$0.50

-$2.32

$0.65

$0.33

$0.65

$0.33

Shares Outstanding

324.4M

312.5M

307.1M

309.0M

304.7M

298.3M

251.5M

243.9M

234.2M

225.7M

202.1M

357.8M

354.1M

Gross Margin

68.9%

64.8%

36.9%

Operating Margin

23.3%

28.8%

29.2%

32.7%

28.6%

35.8%

37.9%

40.2%

29.4%

15.1%

45.6%

21.2%

Profit Margin

11.4%

17.2%

24.5%

22.8%

21.8%

15.1%

4.4%

5.2%

3.6%

4.1%

1.3%

5.0%

20.4%

6.0%