Restaurant Brands International Inc. Website

Restaurant Brands International Inc.

NYSE-QSR

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

5,603

4,968

5,739

6,505

7,022

7,476

Total Revenues % Chg.

4.6%

-11.3%

15.5%

13.3%

7.9%

10.3%

Cost of Goods Sold, Total

3,211

2,995

3,365

3,907

4,220

4,559

Gross Profit

2,392

1,973

2,374

2,598

2,802

2,917

Selling General & Admin Expenses, Total

369

391

450

561

647

677

Other Operating Expenses

—

-4

-8

—

14

18

9

Other Operating Expenses, Total

365

383

450

575

665

686

Operating Income

2,027

1,590

1,924

2,023

2,137

2,231

Interest Expense, Total

-552

-517

-508

-540

-622

-634

Interest And Investment Income

20

9

3

7

40

44

Net Interest Expenses

-532

-508

-505

-533

-582

-590

Income (Loss) On Equity Invest.

11

-39

-4

-44

8

98

Currency Exchange Gains (Loss)

15

-100

76

4

-20

16

EBT, Excl. Unusual Items

1,521

943

1,491

1,450

1,543

1,755

Restructuring Charges

—

—

—

—

—

—

—

—

—

—

Merger & Related Restructuring Charges

—

—

—

-18

-24

-19

-13

Gain (Loss) On Sale Of Assets

-7

-6

-2

-4

-16

-37

Legal Settlements

-2

-7

-81

-11

-1

-4

Other Unusual Items

—

-60

-114

-27

-46

-54

-82

EBT, Incl. Unusual Items

1,452

816

1,363

1,365

1,453

1,619

Income Tax Expense

341

66

110

-117

-265

-198

Earnings From Continuing Operations

1,111

750

1,253

1,482

1,718

1,817

Minority Interest

-468

-264

-415

-474

-528

-547

Net Income

643

486

838

1,008

1,190

1,270

Preferred Dividend and Other Adjustments

—

—

—

—

—

—

—

Net Income to Common Incl Extra Items

643

486

838

1,008

1,190

1,270

Net Income to Common Excl. Extra Items

643

486

838

1,008

1,190

1,270

Total Shares Outstanding

298.3

304.7

309

307.1

312.5

316.9

Weighted Avg. Shares Outstanding

268

302

310

307

312

315

Weighted Avg. Shares Outstanding Dil

469

468

464

455

456

454

EPS

2.4

1.6

2.7

3.3

3.8

4

EPS Diluted

2.4

1.6

2.7

3.3

3.8

4

EBITDA

2,212

1,779

2,125

2,213

2,328

2,435

Effective Tax Rate

23.5%

8.1%

8.1%

-8.6%

-18.2%

-12.2%