← Restaurant Brands International Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $4.1b $4.6b $5.4b $5.6b $5.0b $5.7b $6.5b $7.0b $8.4b $9.4b
Cost of Revenue $1.7b $1.9b $1.8b $1.8b $1.6b $1.9b $2.3b $2.4b $5.3b $6.5b
Operating expenses:
Operating Income (Loss) $1.7b $1.7b $1.9b $2.0b $1.4b $1.9b $1.9b $2.1b $2.4b $2.2b
Additional Financial Items
Amortization of Intangible Assets $71.9m $72.4m $70.0m $44.0m $43.0m $41.0m $39.0m $37.0m $58.0m $69.0m
Equity Securities, FV-NI, Realized Gain (Loss) — — — $0 $0 $0 $0 $0 $0 $0
Foreign Currency Transaction Gain (Loss), before Tax $20.1m ($77.3m) $33.0m $15.0m ($100.0m) $76.0m $4.0m ($20.0m) $71.0m ($209.0m)
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — $1.5b $816.0m $1.4b $1.4b $1.5b $317.0m $284.0m
Income (Loss) from Continuing Operations, Per Basic Share — — — — — — — $4 $3 $3
Income (Loss) from Continuing Operations, Per Diluted Share — — — — — — — $4 $3 $3
Income (Loss) from Equity Method Investments $20.2m $12.4m $22.0m $11.0m ($39.0m) ($4.0m) ($44.0m) $8.0m $69.0m $11.0m
Investment Income, Interest $4.1m $26.4m $15.0m $20.0m $9.0m $3.0m $7.0m $40.0m $39.0m $31.0m
Lease Income — — — $176.0m $109.0m $793.0m $813.0m $851.0m $837.0m $832.0m
Operating Lease, Lease Income — — — $833.0m $718.0m $787.0m $806.0m $839.0m $833.0m $828.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — $1.5b $816.0m $1.4b $1.4b $1.5b $1.8b $1.7b
Gain (Loss) on Derivative Instruments, Net, Pretax — — $40.0m $49.0m ($32.0m) ($87.0m) $9.0m $151.0m $191.0m $198.0m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $243.9m $133.6m $238.0m $341.0m $66.0m $110.0m $117.0m $265.0m $364.0m $1.2b
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — $0 $0 ($126.0m)
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic $345.6m $626.1m $612.0m $643.0m $486.0m $838.0m $1.0b $1.2b $1.0b $868.0m
Net Income (Loss) Available to Common Stockholders, Basic $345.6m $626.1m $612.0m $643.0m $486.0m $838.0m $1.0b $1.2b $1.0b $776.0m
Net Income (Loss) Attributable to Noncontrolling Interest $340.3m $586.5m $532.0m $468.0m $264.0m $415.0m $474.0m $528.0m $424.0m $299.0m
Earnings Per Share, Basic $1.48 $2.64 $2.46 $2.40 $1.61 $2.71 $3.28 $3.82 $3.21 $2.36
Earnings Per Share, Diluted $1.45 $2.54 $2.42 $2.37 $1.60 $2.69 $3.25 $3.76 $3.18 $2.35
Common Stock, Dividends, Per Share, Declared $0.62 $0.78 $1.80 $2.00 $2.08 $2.12 $2.16 $2.20 $2.32 $2.48
Weighted Average Number of Shares Outstanding, Basic 232.9m 237.0m 249.0m 268.0m 302.0m 310.0m 307.0m 312.0m 319.0m 329.0m
Weighted Average Number of Shares Outstanding, Diluted 470.0m 477.4m 473.0m 469.0m 468.0m 464.0m 455.0m 456.0m 454.0m 457.0m
General and Administrative Expense — — — — — $508.0m $631.0m $704.0m $733.0m $741.0m
Selling, General and Administrative Expense $318.6m $415.5m $1.2b $1.3b $1.3b — — — — —
Interest Income (Expense), Nonoperating, Net ($466.9m) ($512.2m) ($535.0m) ($532.0m) ($508.0m) ($505.0m) ($533.0m) ($582.0m) ($577.0m) ($516.0m)
Current Income Tax Expense (Benefit) $163.8m $608.8m $209.0m $283.0m $274.0m $115.0m ($57.0m) $165.0m $369.0m $386.0m
Income Tax Expense (Benefit) $243.9m ($133.6m) $238.0m $341.0m $66.0m $110.0m ($117.0m) ($265.0m) $364.0m $483.0m
Other Operating Income (Expense), Net $700k ($109.2m) ($8.0m) $10.0m ($105.0m) ($7.0m) ($25.0m) ($55.0m) $59.0m ($261.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.