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Restaurant Brands International Inc.(QSR US)

$75.41-0.070.09%Ext:$76.36+0.951.26%(After Hours · 23:02:54 UTC)
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
Logo
  • Home
  • AI Agent
  • Annotations
  • Files
  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy
  • Get the full experience

    We save the real magic for signed-in users.

HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Restaurant Brands International Inc.(QSR US)

$75.41-0.070.09%Ext:$76.36+0.951.26%(After Hours · 23:02:54 UTC)
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
QSR US​
Ask AI

Restaurant Brands International Inc. — Company Profile

Restaurant Brands International Inc. (RBI), a prominent quick-service restaurant enterprise, maintains its headquarters in Toronto, Canada. Established in 1954, the company operates globally, managing and franchising four distinct and widely recognized brands: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). Through its Tim Hortons segment, RBI offers a diverse menu at its coffee, tea, and donut establishments. This includes a selection of hot and cold specialty beverages like espresso-based drinks, a variety of freshly baked goods such as donuts, Timbits, bagels, muffins, cookies, and pastries, alongside savory options like grilled paninis, classic sandwiches, wraps, and soups. Burger King, a renowned fast-food hamburger chain within RBI's portfolio, provides patrons with its signature flame-grilled hamburgers, an array of chicken and other specialized sandwiches, French fries, and various soft drinks. The company's Popeyes Louisiana Kitchen outlets are celebrated for their distinctive Louisiana-style fried chicken, chicken tenders, and fried shrimp and other seafood options, complemented by regional specialties like red beans and rice. Furthermore, RBI's Firehouse Subs restaurants serve a range of submarine sandwiches, beverages, and local culinary delights. Demonstrating significant international reach, RBI had approximately 29,000 restaurants spread across 100 countries under its four brands as of February 15, 2022.

Sector
Consumer Staples
Industry
Consumer Staples Distribution & Retail
Exchange
UN
CEO
Joshua Arthur Kobza
Headquarters
Miami, FL, US
IPO Date
Dec 11, 2014
Employees
53,500
Website
www.rbi.com

Key Metrics

Price
$69.91
Market Cap
$24.26B
Revenue (TTM)
$2.26B
Net Income (TTM)
$338.00M
EPS (TTM)
0.97
P/E (TTM)
25.40
P/B (TTM)
6.48
Dividend Yield
3.40%
ROE (TTM)
9.03%
ROA (TTM)
1.36%
Operating Margin
26.99%
Beta
0.11

Dividends

Last Dividend
$0.65
Last Yield
0.03%

Summary

Restaurant Brands International Inc. (RBI), a prominent quick-service restaurant enterprise, maintains its headquarters in Toronto, Canada. Established in 1954, the company operates globally, managing and franchising four distinct and widely recognized brands: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). Through its Tim Hortons segment, RBI offers a diverse menu at its coffee, tea, and donut establishments. This includes a selection of hot and cold specialty beverages like espresso-based drinks, a variety of freshly baked goods such as donuts, Timbits, bagels, muffins, cookies, and pastries, alongside savory options like grilled paninis, classic sandwiches, wraps, and soups. Burger King, a renowned fast-food hamburger chain within RBI's portfolio, provides patrons with its signature flame-grilled hamburgers, an array of chicken and other specialized sandwiches, French fries, and various soft drinks. The company's Popeyes Louisiana Kitchen outlets are celebrated for their distinctive Louisiana-style fried chicken, chicken tenders, and fried shrimp and other seafood options, complemented by regional specialties like red beans and rice. Furthermore, RBI's Firehouse Subs restaurants serve a range of submarine sandwiches, beverages, and local culinary delights. Demonstrating significant international reach, RBI had approximately 29,000 restaurants spread across 100 countries under its four brands as of February 15, 2022.

Website
www.rbi.com
Location
Miami, FL, US
Phone19058456511
Employees53,500
CEOJoshua Arthur Kobza
Sector
Consumer Staples
Industry
Consumer Staples Distribution & Retail
IPO DateDec 11, 2014

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1.4K)

Expand
  • SC 13GRestaurant Brands International Inc.30 Oct
  • 10-QQ3ended 30 Sept 202629 Oct
  • 8-KResults of Operations and Financial Condition29 Oct
  • Form 4CURTIS THOMAS BENJAMIN6 Oct
  • Form 4Granat Jill6 Oct
  • Form 4Kobza Joshua6 Oct
  • Form 4Schwan Axel6 Oct
  • Form 4DOYLE J PATRICK6 Oct
  • Form 4Friesner Jacqueline6 Oct
  • Form 4Siddiqui Sami A.6 Oct
  • Form 4PERDUE PETER6 Oct
  • Form 4SANTELMO THIAGO T6 Oct
  • Form 4Fulton Duncan6 Oct
  • Form 4Housman Jeffrey6 Oct
  • Form 4Schwan Axel9 Sep
  • Form 144Schwan Axel4 Sep
  • Form 4CURTIS THOMAS BENJAMIN25 Aug
  • Form 144CURTIS THOMAS BENJAMIN21 Aug
  • SC 13G/ARestaurant Brands International Inc.14 Aug
  • Form 43G Restaurant Brands Holdings General Partner Ltd.12 Aug

News

  • Happy Belly Food Group's Heal Wellness QSR Announces the Grand Opening of Its 55th Location in Richmond Hill, Ontario6 Nov
  • Higher Margins, Better ROIC And Capable Management Define Pershing Square's Q3 2026 Portfolio4 Nov
  • Happy Belly Food Group's Heal Wellness QSR Secures Real Estate Location for Multi-Unit Franchisee in Windsor, Ontario3 Nov
  • Critical Survey: Red Rock Resorts (NASDAQ:RRR) vs. Restaurant Brands International (NYSE:QSR)3 Nov
  • Restaurant Brands International: Burger King Continues To Sizzle, But Popeyes Has Me Worried31 Oct
  • What Restaurant Brands International (QSR) Said on Its Q3 Earnings Call31 Oct
  • Popeyes' parent company blames ‘complicated' chicken wings for mixed third-quarter results — customers lament fewer options30 Oct
  • Restaurant Brands: A Zombie Stock, But Burger King Shines29 Oct
  • Restaurant Brands International Inc. (QSR) Q3 2026 Earnings Call Transcript29 Oct
  • Restaurant Brands (QSR) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates29 Oct
  • Restaurant Brands International Profit, Revenue Rise on U.S. Burger King Sales29 Oct
  • Restaurant Brands (QSR) Beats Q3 Earnings Estimates29 Oct
  • Alphabet's Earnings Fumble Triggers Pre-Market Selloff29 Oct
  • Restaurant Brands reports mixed results as Burger King's U.S. turnaround shows signs of success29 Oct
  • Restaurant Brands tops sales estimates as Burger King deals draw diners29 Oct
  • Restaurant Brands International Inc. Reports Third Quarter 2026 Results29 Oct
  • Restaurant Brands International: Burger King Gains, But Tim Hortons Sags27 Oct
  • Will Restaurant Brands (QSR) Beat Estimates Again in Its Next Earnings Report?26 Oct
  • Why Placer.ai Traffic Data Predicts a Surprise for Restaurant Brands (QSR) on Oct 2925 Oct
  • Restaurant earnings will test whether owning more brands pays off23 Oct

Mentions in Filings

  • … ween new technologies and consumerism, with particular strategic expertise and networks in AI infrastructure, data systems, and CPG businesses. Since December 2024, Mr. Becker has served as a Data Engineer at <strong>Restaurant Brands International</strong> (NYSE: QSR) where, from Miami, he leads an international team overseeing finance, data, and analytics across several of their investments, including the Tim Hortons, Popeyes, and Burger King franchises worldwi …
    Iron Horse Acquisition II Corp.Restaurant Brands International Inc.·S-4/A - REGISTRATION STATEMENT·Q4 26·10 Nov
  • … and September 28, 2025, respectively. (6) Investments Equity Method Investment Wendy’s has a 50% share in a partnership in a Canadian restaurant real estate joint venture (“TimWen”) with a subsidiary of <strong>Restaurant Brands International Inc.</strong>, a quick-service restaurant company that owns the Tim Hortons® brand (Tim Hortons is a registered trademark of Tim Hortons USA Inc.). The Company has significant influence over this investee. Such investmen …
    Wendy's CoRestaurant Brands International Inc.·10-Q - Quarterly report Q3·Q3 27·5 Nov
  • Exhibit 31.2 CERTIFICATION I, Sami Siddiqui, certify that: 1. I have reviewed this quarterly report on Form 10-Q of <strong>Restaurant Brands International</strong> Limited Partnership; 2.Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to t …
    Restaurant Brands International Limited PartnershipRestaurant Brands International Inc.·EX-31.2 - 10-Q - Quarterly report Q3·Q3 26·29 Oct
  • Exhibit 32.1 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the Quarterly Report on Form 10-Q of <strong>Restaurant Brands International</strong> Limited Partnership (the “Partnership”) for the quarter ended September 30, 2026 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Joshua Kobza, Chief Executive Officer of Restaurant B …
    Restaurant Brands International Limited PartnershipRestaurant Brands International Inc.·EX-32.1 - 10-Q - Quarterly report Q3·Q3 26·29 Oct
  • Exhibit 31.1 CERTIFICATION I, Joshua Kobza, certify that: 1. I have reviewed this quarterly report on Form 10-Q of <strong>Restaurant Brands International</strong> Limited Partnership; 2.Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to th …
    Restaurant Brands International Limited PartnershipRestaurant Brands International Inc.·EX-31.1 - 10-Q - Quarterly report Q3·Q3 26·29 Oct
  • Exhibit 32.2 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the Quarterly Report on Form 10-Q of <strong>Restaurant Brands International</strong> Limited Partnership (the “Partnership”) for the quarter ended September 30, 2026 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Sami Siddiqui, Chief Financial Officer of Restaurant …
    Restaurant Brands International Limited PartnershipRestaurant Brands International Inc.·EX-32.2 - 10-Q - Quarterly report Q3·Q3 26·29 Oct

Key Stats

Trading

Px/Chg 1D$69.91 / +0.22%
Avg Volume3.54M
Beta0.11
Mkt Cap24.26B
FD Mkt Cap27.17B

Float

Shrs Out/Float346.97M / 298.26M
Short Float0.06%
Days to Cover5.19
Stock Repurchased$32.00M

Current Valuation

EV40.48B
EV/EBITDA15.77
EV/Sales4.22
P/B6.48
P/S2.53
FCF Yield0.70%
ROE9.03%
ROA1.36%
Current Ratio0.99

Dividend

Cash$0.65
Yield3.40%
Yield (TTM)3.40%

Estimates

P/E25.40
Est P/E0.00
Est EPS0.83
Est PEG0.00

Valuation

Metric5Yr AvgMay '23Apr '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings75.0521.5019.3621.21241.4071.76
Price / Sales6.193.333.282.5811.0610.71
Price / Book Value7.538.678.046.967.516.48
Price / Free Cash Flow51.3615.5919.1516.6361.87143.53
ENTERPRISE VALUE METRICS
Enterprise Value39,748.136,756.238,278.138,011.945,218.840,475.4
Enterprise Value / Sales10.375.655.454.5218.3417.88
Enterprise Value / EBITDA34.6817.7817.1014.2765.0659.17
Enterprise Value / EBIT38.7919.5818.6915.8473.0566.79

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue13.2%5,739.06,505.07,022.08,406.09,434.0
Gross Income13%2,374.02,598.02,802.03,024.03,876.0
EBITDA4.3%2,045.02,067.02,239.02,664.02,424.0
EBIT4.5%1,844.01,877.02,048.02,400.02,200.0
Net Income-1.9%838.01,008.01,190.01,021.0776.0
EPS (Diluted)-3.3%2.693.253.763.182.35
BALANCE SHEET
Cash & ST Inv1.7%1,087.01,178.01,139.01,334.01,163.0
Total Assets2.5%23,246.022,746.023,391.024,632.025,615.0
Total Liabilities1.3%19,393.018,478.018,661.019,789.020,456.0
Total Shareholder Equity12.9%2,237.02,499.02,866.03,110.03,634.0
CASH FLOW
Net Operating Cash Flow-17.4%1,726.01,490.01,323.01,503.01,714.0
Cap Ex25.7%-106.0-100.0-120.0-201.0-265.0
Free Cash Flow-2.8%1,620.01,390.01,203.01,302.01,449.0

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)75.43
Basic Shares346.97
Market Cap26,171.7
Diluted Shares457.00
Fully Diluted Shares Outstanding457.00
Fully Diluted Market Cap34,471.5
+Consolidated Debt15,457.0
−In-the-Money Convertible Debt—
+Capital Leases2,184.0
+Operating Leases—
−Cash & Equivalents-974.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,588.0
+Pension Liabilities—
Enterprise Value42,242.7

Segment data

Revenue

by Products and services

  • Tim Hortons63%
  • Burger King22%
  • Popeyes Louisiana Kitchen12%
  • Firehouse Subs3%

Revenue

by Geography

  • United States48%
  • Canada41%
  • Others11%

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Ask AI

Restaurant Brands International Inc. — Company Profile

Restaurant Brands International Inc. (RBI), a prominent quick-service restaurant enterprise, maintains its headquarters in Toronto, Canada. Established in 1954, the company operates globally, managing and franchising four distinct and widely recognized brands: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). Through its Tim Hortons segment, RBI offers a diverse menu at its coffee, tea, and donut establishments. This includes a selection of hot and cold specialty beverages like espresso-based drinks, a variety of freshly baked goods such as donuts, Timbits, bagels, muffins, cookies, and pastries, alongside savory options like grilled paninis, classic sandwiches, wraps, and soups. Burger King, a renowned fast-food hamburger chain within RBI's portfolio, provides patrons with its signature flame-grilled hamburgers, an array of chicken and other specialized sandwiches, French fries, and various soft drinks. The company's Popeyes Louisiana Kitchen outlets are celebrated for their distinctive Louisiana-style fried chicken, chicken tenders, and fried shrimp and other seafood options, complemented by regional specialties like red beans and rice. Furthermore, RBI's Firehouse Subs restaurants serve a range of submarine sandwiches, beverages, and local culinary delights. Demonstrating significant international reach, RBI had approximately 29,000 restaurants spread across 100 countries under its four brands as of February 15, 2022.

Sector
Consumer Staples
Industry
Consumer Staples Distribution & Retail
Exchange
UN
CEO
Joshua Arthur Kobza
Headquarters
Miami, FL, US
IPO Date
Dec 11, 2014
Employees
53,500
Website
www.rbi.com

Key Metrics

Price
$69.91
Market Cap
$24.26B
Revenue (TTM)
$2.26B
Net Income (TTM)
$338.00M
EPS (TTM)
0.97
P/E (TTM)
25.40
P/B (TTM)
6.48
Dividend Yield
3.40%
ROE (TTM)
9.03%
ROA (TTM)
1.36%
Operating Margin
26.99%
Beta
0.11

Dividends

Last Dividend
$0.65
Last Yield
0.03%

Summary

Restaurant Brands International Inc. (RBI), a prominent quick-service restaurant enterprise, maintains its headquarters in Toronto, Canada. Established in 1954, the company operates globally, managing and franchising four distinct and widely recognized brands: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). Through its Tim Hortons segment, RBI offers a diverse menu at its coffee, tea, and donut establishments. This includes a selection of hot and cold specialty beverages like espresso-based drinks, a variety of freshly baked goods such as donuts, Timbits, bagels, muffins, cookies, and pastries, alongside savory options like grilled paninis, classic sandwiches, wraps, and soups. Burger King, a renowned fast-food hamburger chain within RBI's portfolio, provides patrons with its signature flame-grilled hamburgers, an array of chicken and other specialized sandwiches, French fries, and various soft drinks. The company's Popeyes Louisiana Kitchen outlets are celebrated for their distinctive Louisiana-style fried chicken, chicken tenders, and fried shrimp and other seafood options, complemented by regional specialties like red beans and rice. Furthermore, RBI's Firehouse Subs restaurants serve a range of submarine sandwiches, beverages, and local culinary delights. Demonstrating significant international reach, RBI had approximately 29,000 restaurants spread across 100 countries under its four brands as of February 15, 2022.

Website
www.rbi.com
Location
Miami, FL, US
Phone19058456511
Employees53,500
CEOJoshua Arthur Kobza
Sector
Consumer Staples
Industry
Consumer Staples Distribution & Retail
IPO DateDec 11, 2014

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1.4K)

Expand
  • SC 13GRestaurant Brands International Inc.30 Oct
  • 10-QQ3ended 30 Sept 202629 Oct
  • 8-KResults of Operations and Financial Condition29 Oct
  • Form 4CURTIS THOMAS BENJAMIN6 Oct
  • Form 4Granat Jill6 Oct
  • Form 4Kobza Joshua6 Oct
  • Form 4Schwan Axel6 Oct
  • Form 4DOYLE J PATRICK6 Oct
  • Form 4Friesner Jacqueline6 Oct
  • Form 4Siddiqui Sami A.6 Oct
  • Form 4PERDUE PETER6 Oct
  • Form 4SANTELMO THIAGO T6 Oct
  • Form 4Fulton Duncan6 Oct
  • Form 4Housman Jeffrey6 Oct
  • Form 4Schwan Axel9 Sep
  • Form 144Schwan Axel4 Sep
  • Form 4CURTIS THOMAS BENJAMIN25 Aug
  • Form 144CURTIS THOMAS BENJAMIN21 Aug
  • SC 13G/ARestaurant Brands International Inc.14 Aug
  • Form 43G Restaurant Brands Holdings General Partner Ltd.12 Aug

News

  • Happy Belly Food Group's Heal Wellness QSR Announces the Grand Opening of Its 55th Location in Richmond Hill, Ontario6 Nov
  • Higher Margins, Better ROIC And Capable Management Define Pershing Square's Q3 2026 Portfolio4 Nov
  • Happy Belly Food Group's Heal Wellness QSR Secures Real Estate Location for Multi-Unit Franchisee in Windsor, Ontario3 Nov
  • Critical Survey: Red Rock Resorts (NASDAQ:RRR) vs. Restaurant Brands International (NYSE:QSR)3 Nov
  • Restaurant Brands International: Burger King Continues To Sizzle, But Popeyes Has Me Worried31 Oct
  • What Restaurant Brands International (QSR) Said on Its Q3 Earnings Call31 Oct
  • Popeyes' parent company blames ‘complicated' chicken wings for mixed third-quarter results — customers lament fewer options30 Oct
  • Restaurant Brands: A Zombie Stock, But Burger King Shines29 Oct
  • Restaurant Brands International Inc. (QSR) Q3 2026 Earnings Call Transcript29 Oct
  • Restaurant Brands (QSR) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates29 Oct
  • Restaurant Brands International Profit, Revenue Rise on U.S. Burger King Sales29 Oct
  • Restaurant Brands (QSR) Beats Q3 Earnings Estimates29 Oct
  • Alphabet's Earnings Fumble Triggers Pre-Market Selloff29 Oct
  • Restaurant Brands reports mixed results as Burger King's U.S. turnaround shows signs of success29 Oct
  • Restaurant Brands tops sales estimates as Burger King deals draw diners29 Oct
  • Restaurant Brands International Inc. Reports Third Quarter 2026 Results29 Oct
  • Restaurant Brands International: Burger King Gains, But Tim Hortons Sags27 Oct
  • Will Restaurant Brands (QSR) Beat Estimates Again in Its Next Earnings Report?26 Oct
  • Why Placer.ai Traffic Data Predicts a Surprise for Restaurant Brands (QSR) on Oct 2925 Oct
  • Restaurant earnings will test whether owning more brands pays off23 Oct

Mentions in Filings

  • … ween new technologies and consumerism, with particular strategic expertise and networks in AI infrastructure, data systems, and CPG businesses. Since December 2024, Mr. Becker has served as a Data Engineer at <strong>Restaurant Brands International</strong> (NYSE: QSR) where, from Miami, he leads an international team overseeing finance, data, and analytics across several of their investments, including the Tim Hortons, Popeyes, and Burger King franchises worldwi …
    Iron Horse Acquisition II Corp.Restaurant Brands International Inc.·S-4/A - REGISTRATION STATEMENT·Q4 26·10 Nov
  • … and September 28, 2025, respectively. (6) Investments Equity Method Investment Wendy’s has a 50% share in a partnership in a Canadian restaurant real estate joint venture (“TimWen”) with a subsidiary of <strong>Restaurant Brands International Inc.</strong>, a quick-service restaurant company that owns the Tim Hortons® brand (Tim Hortons is a registered trademark of Tim Hortons USA Inc.). The Company has significant influence over this investee. Such investmen …
    Wendy's CoRestaurant Brands International Inc.·10-Q - Quarterly report Q3·Q3 27·5 Nov
  • Exhibit 31.2 CERTIFICATION I, Sami Siddiqui, certify that: 1. I have reviewed this quarterly report on Form 10-Q of <strong>Restaurant Brands International</strong> Limited Partnership; 2.Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to t …
    Restaurant Brands International Limited PartnershipRestaurant Brands International Inc.·EX-31.2 - 10-Q - Quarterly report Q3·Q3 26·29 Oct
  • Exhibit 32.1 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the Quarterly Report on Form 10-Q of <strong>Restaurant Brands International</strong> Limited Partnership (the “Partnership”) for the quarter ended September 30, 2026 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Joshua Kobza, Chief Executive Officer of Restaurant B …
    Restaurant Brands International Limited PartnershipRestaurant Brands International Inc.·EX-32.1 - 10-Q - Quarterly report Q3·Q3 26·29 Oct
  • Exhibit 31.1 CERTIFICATION I, Joshua Kobza, certify that: 1. I have reviewed this quarterly report on Form 10-Q of <strong>Restaurant Brands International</strong> Limited Partnership; 2.Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to th …
    Restaurant Brands International Limited PartnershipRestaurant Brands International Inc.·EX-31.1 - 10-Q - Quarterly report Q3·Q3 26·29 Oct
  • Exhibit 32.2 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the Quarterly Report on Form 10-Q of <strong>Restaurant Brands International</strong> Limited Partnership (the “Partnership”) for the quarter ended September 30, 2026 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Sami Siddiqui, Chief Financial Officer of Restaurant …
    Restaurant Brands International Limited PartnershipRestaurant Brands International Inc.·EX-32.2 - 10-Q - Quarterly report Q3·Q3 26·29 Oct

Key Stats

Trading

Px/Chg 1D$69.91 / +0.22%
Avg Volume3.54M
Beta0.11
Mkt Cap24.26B
FD Mkt Cap27.17B

Float

Shrs Out/Float346.97M / 298.26M
Short Float0.06%
Days to Cover5.19
Stock Repurchased$32.00M

Current Valuation

EV40.48B
EV/EBITDA15.77
EV/Sales4.22
P/B6.48
P/S2.53
FCF Yield0.70%
ROE9.03%
ROA1.36%
Current Ratio0.99

Dividend

Cash$0.65
Yield3.40%
Yield (TTM)3.40%

Estimates

P/E25.40
Est P/E0.00
Est EPS0.83
Est PEG0.00

Valuation

Metric5Yr AvgMay '23Apr '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings75.0521.5019.3621.21241.4071.76
Price / Sales6.193.333.282.5811.0610.71
Price / Book Value7.538.678.046.967.516.48
Price / Free Cash Flow51.3615.5919.1516.6361.87143.53
ENTERPRISE VALUE METRICS
Enterprise Value39,748.136,756.238,278.138,011.945,218.840,475.4
Enterprise Value / Sales10.375.655.454.5218.3417.88
Enterprise Value / EBITDA34.6817.7817.1014.2765.0659.17
Enterprise Value / EBIT38.7919.5818.6915.8473.0566.79

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue13.2%5,739.06,505.07,022.08,406.09,434.0
Gross Income13%2,374.02,598.02,802.03,024.03,876.0
EBITDA4.3%2,045.02,067.02,239.02,664.02,424.0
EBIT4.5%1,844.01,877.02,048.02,400.02,200.0
Net Income-1.9%838.01,008.01,190.01,021.0776.0
EPS (Diluted)-3.3%2.693.253.763.182.35
BALANCE SHEET
Cash & ST Inv1.7%1,087.01,178.01,139.01,334.01,163.0
Total Assets2.5%23,246.022,746.023,391.024,632.025,615.0
Total Liabilities1.3%19,393.018,478.018,661.019,789.020,456.0
Total Shareholder Equity12.9%2,237.02,499.02,866.03,110.03,634.0
CASH FLOW
Net Operating Cash Flow-17.4%1,726.01,490.01,323.01,503.01,714.0
Cap Ex25.7%-106.0-100.0-120.0-201.0-265.0
Free Cash Flow-2.8%1,620.01,390.01,203.01,302.01,449.0

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)75.43
Basic Shares346.97
Market Cap26,171.7
Diluted Shares457.00
Fully Diluted Shares Outstanding457.00
Fully Diluted Market Cap34,471.5
+Consolidated Debt15,457.0
−In-the-Money Convertible Debt—
+Capital Leases2,184.0
+Operating Leases—
−Cash & Equivalents-974.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,588.0
+Pension Liabilities—
Enterprise Value42,242.7

Segment data

Revenue

by Products and services

  • Tim Hortons63%
  • Burger King22%
  • Popeyes Louisiana Kitchen12%
  • Firehouse Subs3%

Revenue

by Geography

  • United States48%
  • Canada41%
  • Others11%

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