Restaurant Brands International Inc - Understand $qsr stock

$QSR Market Cap: $31.2 Billion

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Financial Snapshot

Revenue

$7.476B

TTM

Gross Margin

63.97%

TTM

Net Earnings

$1.501B

TTM

Current Assets

$2.030B

Q2 2024

Current Liabilities

$2.617B

Q2 2024

Current Ratio

77.57%

Q2 2024

Total Assets

$24.85B

Q2 2024

Total Liabilities

$19.90B

Q2 2024

Book Value

$4.951B

Q2 2024

Cash

$942.0M

Q2 2024

P/E

20.79

Sep 18, 2024 EST

Free Cash Flow

$1.177B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$7.022B	$6.505B	$5.739B	$4.968B	$5.603B	$5.357B	$4.576B	$4.146B	$4.052B	$1.199B	$1.146B	$1.971B
YoY Change	7.95%	13.35%	15.52%	-11.33%	4.59%	17.07%	10.37%	2.31%	238.02%	4.58%	-41.84%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$7.022B	$6.505B	$5.739B	$4.968B	$5.603B	$5.357B	$4.576B	$4.146B	$4.052B	$1.199B	$1.146B	$1.971B
Cost Of Revenue	$2.435B	$2.312B	$1.890B	$1.610B	$1.813B	$1.818B	$1.850B	$1.727B	$1.810B	$156.4M	$195.3M	$1.037B
Gross Profit	$4.587B	$4.193B	$3.849B	$3.358B	$3.790B	$3.539B	$2.726B	$2.419B	$2.243B	$826.5M	$743.1M	$727.4M
Gross Profit Margin	65.32%	64.46%	67.07%	67.59%	67.64%	66.06%	59.57%	58.35%	55.35%	68.94%	64.83%	36.91%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$2.451B	$2.155B	$1.923B	$1.264B	$1.264B	$1.214B	$416.0M	$319.0M	$437.7M	$345.4M	$242.4M	$347.6M
YoY Change	13.74%	12.06%	52.14%	0.0%	4.12%	191.83%	30.41%	-27.12%	26.72%	42.49%	-30.26%
% of Gross Profit	53.43%	51.4%	49.96%	37.64%	33.35%	34.3%	15.26%	13.19%	19.52%	41.79%	32.62%	47.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$137.0M	$135.0M	$148.0M	$140.0M	$136.0M	$148.0M	$150.0M	$144.0M	$154.9M	$51.20M	$49.70M	$102.2M
YoY Change	1.48%	-8.78%	5.71%	2.94%	-8.11%	-1.33%	4.17%	-7.04%	202.54%	3.02%	-51.37%
% of Gross Profit	2.99%	3.22%	3.85%	4.17%	3.59%	4.18%	5.5%	5.95%	6.91%	6.19%	6.69%	14.05%
Operating Expenses	$2.469B	$2.194B	$1.943B	$1.264B	$1.264B	$1.214B	$416.0M	$319.0M	$437.7M	$345.4M	$242.4M	$347.6M
YoY Change	12.53%	12.92%	53.72%	0.0%	4.12%	191.83%	30.41%	-27.12%	26.72%	42.49%	-30.26%
Operating Profit	$2.051B	$1.898B	$1.879B	$1.422B	$2.007B	$1.917B	$1.735B	$1.667B	$1.192B	$181.1M	$522.2M	$417.7M
YoY Change	8.06%	1.01%	32.14%	-29.15%	4.69%	10.49%	4.08%	39.83%	558.31%	-65.32%	25.02%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	-$582.0M	-$533.0M	-$505.0M	-$508.0M	-$532.0M	-$535.0M	-$512.0M	-$467.0M	-$478.3M	-$279.7M	-$200.0M	-$223.8M
YoY Change	9.19%	5.54%	-0.59%	-4.51%	-0.56%	4.49%	9.64%	-2.36%	71.0%	39.85%	-10.63%
% of Operating Profit	-28.38%	-28.08%	-26.88%	-35.72%	-26.51%	-27.91%	-29.51%	-28.01%	-40.12%	-154.45%	-38.3%	-53.58%
Other Income/Expense, Net									-$2.600M	-$900.0K	-$1.700M	-$2.700M
YoY Change									188.89%	-47.06%	-37.04%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$1.453B	$1.365B	$1.363B	$816.0M	$1.452B	$1.382B	$1.101B	$1.200B	$546.9M	-$261.7M	$127.4M	$159.7M
YoY Change	6.45%	0.15%	67.03%	-43.8%	5.07%	25.52%	-8.25%	119.42%	-308.98%	-305.42%	-20.23%
Income Tax	-$265.0M	-$117.0M	$110.0M	$66.00M	$341.0M	$238.0M	-$134.0M	$244.0M	$162.2M	$15.30M	$88.50M	$42.00M
% Of Pretax Income	-18.24%	-8.57%	8.07%	8.09%	23.48%	17.22%	-12.17%	20.33%	29.66%		69.47%	26.3%
Net Earnings	$1.718B	$1.482B	$1.253B	$750.0M	$1.111B	$1.144B	$1.235B	$956.0M	$511.7M	$161.4M	$233.7M	$117.7M
YoY Change	15.92%	18.28%	67.07%	-32.49%	-2.88%	-7.37%	29.18%	86.83%	217.04%	-30.94%	98.56%
Net Earnings / Revenue	24.47%	22.78%	21.83%	15.1%	19.83%	21.36%	26.99%	23.06%	12.63%	13.46%	20.39%	5.97%
Basic Earnings Per Share	$3.82	$3.28	$2.71	$1.61	$2.40	$2.46	$2.64	$1.48	$0.51	-$1.16	$0.67	$0.34
Diluted Earnings Per Share	$3.76	$3.25	$2.69	$1.60	$2.37	$2.42	$2.54	$1.45	$0.50	-$2.32	$0.65	$0.33

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$1.139B	$1.178B	$1.087B	$1.560B	$1.533B	$913.0M	$1.097B	$1.460B	$758.0M	$1.803B	$787.0M
YoY Change	-3.31%	8.37%	-30.32%	1.76%	67.91%	-16.77%	-24.86%	92.61%	-57.96%	129.1%
Cash & Equivalents	$1.139B	$1.178B	$1.087B	$1.560B	$1.533B	$913.0M	$1.097B	$1.460B	$758.0M	$1.803B	$787.0M
Short-Term Investments
Other Short-Term Assets	$119.0M	$123.0M	$86.00M	$72.00M	$52.00M	$60.00M	$85.00M	$162.0M	$87.00M	$280.0M	$81.00M
YoY Change	-3.25%	43.02%	19.44%	38.46%	-13.33%	-29.41%	-47.53%	86.21%	-68.93%	245.68%
Inventory	$166.0M	$133.0M	$96.00M	$96.00M	$84.00M	$75.00M	$78.00M	$72.00M	$81.00M	$98.00M	$1.000M
Prepaid Expenses
Receivables	$749.0M	$614.0M	$547.0M	$536.0M	$527.0M	$452.0M	$489.0M	$404.0M	$420.0M	$428.0M	$175.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$24.00M	$32.00M	$30.00M
Total Short-Term Assets	$2.173B	$2.048B	$1.816B	$2.264B	$2.196B	$1.500B	$1.750B	$2.097B	$1.370B	$2.641B	$1.074B
YoY Change	6.1%	12.78%	-19.79%	3.1%	46.4%	-14.29%	-16.55%	53.07%	-48.13%	145.9%
Property, Plant & Equipment	$3.074B	$3.032B	$3.165B	$3.183B	$3.183B	$1.996B	$2.133B	$2.055B	$2.151B	$2.437B	$802.0M
YoY Change	1.39%	-4.2%	-0.57%	0.0%	59.47%	-6.42%	3.8%	-4.46%	-11.74%	203.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$82.00M	$80.00M	$66.00M	$48.00M	$54.00M	$71.00M	$92.00M	$117.0M	$141.0M	$163.0M
YoY Change		2.5%	21.21%	37.5%	-11.11%	-23.94%	-22.83%	-21.37%	-17.02%	-13.5%
Other Assets	$1.262B	$905.0M	$762.0M	$824.0M	$719.0M	$642.0M	$425.0M	$978.0M	$1.052B	$444.0M	$364.0M
YoY Change	39.45%	18.77%	-7.52%	14.6%	11.99%	51.06%	-56.54%	-7.03%	136.94%	21.98%
Total Long-Term Assets	$21.22B	$20.70B	$21.43B	$20.51B	$20.16B	$18.64B	$19.47B	$17.03B	$17.04B	$18.70B	$4.755B
YoY Change	2.51%	-3.42%	4.47%	1.73%	8.17%	-4.28%	14.36%	-0.08%	-8.88%	293.31%
Total Assets	$23.39B	$22.75B	$23.25B	$22.78B	$22.36B	$20.14B	$21.22B	$19.13B	$18.41B	$21.34B	$5.829B
YoY Change
Accounts Payable	$790.0M	$758.0M	$614.0M	$464.0M	$644.0M	$513.0M	$496.0M	$370.0M	$362.0M	$223.0M	$31.00M
YoY Change	4.22%	23.45%	32.33%	-27.95%	25.54%	3.43%	34.05%	2.21%	62.33%	619.35%
Accrued Expenses	$536.0M	$496.0M	$462.0M	$542.0M	$515.0M	$383.0M	$703.0M	$258.0M	$297.0M	$283.0M	$169.0M
YoY Change	8.06%	7.36%	-14.76%	5.24%	34.46%	-45.52%	172.48%	-13.13%	4.95%	67.46%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$101.0M	$127.0M	$96.00M	$111.0M	$101.0M	$91.00M	$78.00M	$94.00M	$56.00M	$1.129B	$81.00M
YoY Change	-20.47%	32.29%	-13.51%	9.9%	10.99%	16.67%	-17.02%	67.86%	-95.04%	1293.83%
Total Short-Term Liabilities	$2.144B	$2.116B	$1.878B	$1.601B	$1.703B	$1.408B	$1.655B	$1.211B	$1.121B	$1.946B	$346.0M
YoY Change	1.32%	12.67%	17.3%	-5.99%	20.95%	-14.92%	36.66%	8.03%	-42.39%	462.43%
Long-Term Debt	$13.17B	$13.15B	$13.25B	$12.71B	$12.05B	$12.05B	$12.05B	$8.629B	$8.666B	$9.070B	$2.956B
YoY Change	0.12%	-0.75%	4.22%	5.52%	-0.02%	0.03%	39.59%	-0.43%	-4.45%	206.83%
Other Long-Term Liabilities	$2.055B	$1.899B	$2.892B	$3.318B	$2.787B	$1.547B	$1.455B	$785.0M	$796.0M	$708.0M	$318.0M
YoY Change	8.21%	-34.34%	-12.84%	19.05%	80.16%	6.32%	85.35%	-1.38%	12.43%	122.64%
Total Long-Term Liabilities	$15.22B	$15.05B	$16.14B	$16.03B	$14.83B	$13.60B	$13.50B	$9.414B	$9.462B	$9.778B	$3.274B
YoY Change	1.14%	-6.77%	0.69%	8.06%	9.11%	0.71%	43.4%	-0.51%	-3.23%	198.66%
Total Liabilities	$20.53B	$20.25B	$21.01B	$20.61B	$19.87B	$18.53B	$19.00B	$14.13B	$13.78B	$16.17B	$4.312B
YoY Change	1.37%	-3.63%	1.94%	3.72%	7.23%	-2.46%	34.49%	2.52%	-14.78%	274.95%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	312.0M shares	307.0M shares	310.0M shares	302.0M shares	268.0M shares	249.0M shares	237.0M shares	233.0M shares	203.5M shares	343.7M shares	351.0M shares	349.7M shares
Diluted Shares Outstanding	456.0M shares	455.0M shares	464.0M shares	468.0M shares	469.0M shares	473.0M shares	477.0M shares	470.0M shares	476.0M shares	358.2M shares	357.8M shares	354.1M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $31.204 Billion

About Restaurant Brands International Inc

Restaurant Brands International, Inc. is a holding company, which engages in the operation of quick service restaurants. The company is headquartered in Toronto, Quebec and currently employs 9,000 full-time employees. The company went IPO on 2014-12-10. The company franchises and operates quick service restaurants serving premium coffee and other beverage and food products. Its segments include Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), Firehouse Subs (FHS) and International (INTL). Under the Tim Hortons brand, it operates in the donut/coffee/tea category of the quick service segment of the restaurant industry. Under the Burger King brand, it operates in the fast-food hamburger restaurant category of the quick service segment of the restaurant industry. Under the Popeyes brand, it operates in the chicken category of the quick service segment of the restaurant industry. Under the Firehouse Subs brand, it operates in the specialty subs category of the quick service segment of the restaurant industry. Its menu includes premium blend coffee, tea, espresso-based hot and cold specialty drinks, fresh baked goods, including donuts, bagels and more.

Industry: Retail-Eating Places Peers: