Restaurant Brands International Inc
MEX : QSR NFinancials
Income statement · full history
USD in millions · per-share amounts unscaled. Each period shows the value from the latest filing that prints it.
| Reported line item | Jan 1, 2019 to Dec 31, 2019 | Jan 1, 2020 to Dec 31, 2020 | Jan 1, 2021 to Dec 31, 2021 | Jan 1, 2022 to Dec 31, 2022 | Jan 1, 2023 to Dec 31, 2023 |
|---|---|---|---|---|---|
| Total revenues | 5,603 | 4,968 | 5,739 | 6,505 | 7,022 |
| Cost of sales | 1,813 | 1,610 | 1,890 | 2,312 | 2,435 |
| Franchise and property expenses | 533R | 515R | 489 | 518 | 512 |
| Advertising expenses and other services | 870 | 986 | 1,077 | 1,273 | |
| Advertising expensesno longer reported | 865 | 870 | 962 | ||
| General and administrative expenses | 406 | 407 | 484R | 631 | 704 |
| (Income) loss from equity method investments | (11) | 39 | 4 | 44 | (8) |
| Other operating expenses (income), net | (10) | 105 | 7 | 25 | 55 |
| Total operating costs and expenses | 3,596 | 3,546 | 3,860 | 4,607 | 4,971 |
| Income from operations | 2,007 | 1,422 | 1,879 | 1,898 | 2,051 |
| Interest expense, net | 532 | 508 | 505 | 533 | 582 |
| Loss on early extinguishment of debt | 23 | 98 | 11 | 0 | 16 |
| Income before income taxes | 1,452 | 816 | 1,363 | 1,365 | 1,453 |
| Income tax (benefit) expense | 341 | 66 | 110 | (117) | (265) |
| Net income | 1,111 | 750 | 1,253 | 1,482 | 1,718 |
| Net income attributable to noncontrolling interests (Note 12) | 468 | 264 | 415 | 474 | 528 |
| Net income attributable to common shareholders | 643 | 486 | 838 | 1,008 | 1,190 |
| Basic (in dollars per share) | 2.40 | 1.61 | 2.71 | 3.28 | 3.82 |
| Diluted (in dollars per share) | 2.37 | 1.60 | 2.69 | 3.25 | 3.76 |
| Basic (in shares) | 268 | 302 | 310 | 307 | 312 |
| Diluted (in shares) | 469 | 468 | 464 | 455 | 456 |
History starts FY2019, the period ended Dec 31, 2019 — the earliest period our structured-data source covers, not the company’s first year.
21 reported lines · 5 periods · values taken from the latest filing that prints each period.
- R3 restated by the filer — hover for the figure as first reported.
- italic2 from an earlier filing than the rest of the column.
- no longer reported1 lines the filer stopped printing.
- — the filer printed the line and left the period empty. An empty cell means the line was not printed at all; it is never a zero.
102 of 102 values link to the exact element in the filer’s own document.
Every line and every caption is the company’s own. Each period carries the value from the latest filing that prints it, which is why a restated period shows the restated number with the figure as first reported kept underneath.
Nothing on this table is computed by us: no fourth quarter, no growth rate, no margin. Marks describe the filer’s own restatements.