Carrols Restaurant Group

A Little About Us Carrols Corporation is headquartered in Syracuse, New York. Carrols owns and operates more than 700 restaurants under the Burger King brand. Carrols operates in 16 states and employs over 18,000 people. A Word From the President, CEO, and Chairman: Daniel T. Accordino Carrols' greatest asset is its people. One of the greatest pleasures of my job is visiting with our restaurant staffs and discussing each person's career growth with Carrols. It is truly amazing how long many of our restaurant level and District Supervisory staff have been with Carrols. The tenure of our employees is quite unique for the restaurant business. My sense is that Carrols' people stay with us because we care. We are committed to each individual's career development. At Carrols, you are not just a number and this is not simply a job. Carrols is interested in creating opportunities for you; for your career. Of course, career advancement is a mutual responsibility. Your obligation is to work hard and smart and have the desire to learn and advance. Our obligation is to create an environment where you can do just that. We are committed to your development, your nurturing and your training. This commitment manifests itself in classroom training, in-restaurant training and personal career counseling with your District Supervisor. Due to our size and continued growth, career opportunities are always present at Carrols. These opportunities are even more likely to become available due to our policy of "promotion from within". It is our philosophy and our strong desire to fill each of our management openings by promoting an existing Carrols' employee. If you are a dynamic individual who is frustrated by bureaucracy and tenure rules, Carrols is for you. We offer quick advancement, training and no pre-determined time requirements. All we want are the best employees in the business.
Syracuse, US
Size (employees)
21,500 (est)+6%
Carrols Restaurant Group was founded in 1960 and is headquartered in Syracuse, US

Carrols Restaurant Group Office Locations

Carrols Restaurant Group has an office in Syracuse
Syracuse, US (HQ)
968 James St

Carrols Restaurant Group Data and Metrics

Carrols Restaurant Group Financial Metrics

Carrols Restaurant Group's revenue was reported to be $943.6 m in FY, 2016 which is a 10% increase from the previous period.
$, USD

Revenue (FY, 2016)

943.6 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

693.5 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

45.5 m

EBIT (FY, 2016)

35.7 m

Market capitalization (23-Jun-2017)

430.2 m

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

2 m
Carrols Restaurant Group's current market capitalization is $430.2 m.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


663.5 m692.8 m859 m943.6 m

Revenue growth, %


Cost of goods sold

201.5 m209.7 m240.3 m250.1 m

Gross profit

462 m483.1 m618.7 m693.5 m

Gross profit Margin, %


Operating expense total

668.6 m700.3 m827.8 m907.9 m


(5.1 m)(7.6 m)31.2 m35.7 m

EBIT margin, %


Interest expense

18.8 m18.8 m18.6 m18.3 m

Pre tax profit

(23.9 m)(26.4 m)4 k17.4 m

Income tax expense

(10.4 m)11.8 m(28.1 m)

Net Income

(13.5 m)(38.1 m)4 k45.5 m
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


8.3 m21.2 m22.3 m2 m


2.9 m3 m5.3 m7.5 m

Current Assets

28.7 m43.3 m45 m29.7 m


152.2 m179.4 m220.1 m247.8 m


8.2 m17.8 m20.4 m22.9 m

Total Assets

329.5 m369.4 m427.3 m490.2 m

Accounts Payable

14.7 m19.2 m20.4 m22.4 m

Total Debt

159.3 m158.7 m

Current Liabilities

50.6 m55.2 m71.3 m68.9 m

Additional Paid-in Capital

69.3 m137.6 m139.1 m141.1 m

Retained Earnings

7.2 m(31 m)(31 m)14.5 m

Total Equity

77.2 m106.5 m108 m154.7 m

Debt to Equity Ratio

2.1 x1.5 x

Debt to Assets Ratio

0.5 x0.4 x

Financial Leverage

4.3 x3.5 x4 x3.2 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(13.5 m)(38.1 m)4 k45.5 m

Depreciation and Amortization

33.6 m36.9 m39.8 m47.3 m

Accounts Receivable

3.7 m(1.1 m)(2.1 m)(1.5 m)

Accounts Payable

(2.7 m)2.2 m2.1 m1.7 m

Cash From Investing Activities

(50.5 m)(68 m)(103.4 m)(96.2 m)
Y, 2016

Financial Leverage

3.2 x

Carrols Restaurant Group Market Value History

Carrols Restaurant Group Online and Social Media Presence

Carrols Restaurant Group Company Life and Culture

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