Restaurant Brands International

Entertainment & Publishing Food & Beverage holding company restaurant chain

Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with more than $23 billion in system sales and over 19,000 restaurants in nearly 100 countries and U.S. territories. Restaurant Brands International owns two of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS® and BURGER KING®. These independently operated brands have been serving their respective guests, franchisees and communities for over 50 years. Restaurant Brands International Inc. is committed to growing the TIM HORTONS® and BURGER KING® brands by leveraging their respective core values, employee and franchisee relationships, and long track records of community support. The brands benefit from the global scale and shared best practices that come through common ownership under Restaurant Brands International Inc.

Type

Public

HQ

Oakville, CA

Size (employees)

4,300 (est)

Website

Restaurant Brands International is headquartered in Oakville, CA

Restaurant Brands International Office Locations

Restaurant Brands International has an office in Oakville

Oakville, CA (HQ)

226 Wyecroft Rd

Restaurant Brands International Data and Metrics

Restaurant Brands International Financial Metrics

Restaurant Brands International's revenue was reported to be $1 b in Q1, 2017

Summary

USD

Restaurant Brands International's current market capitalization is $14.6 b.

Income Statement

Annual

USD	FY, 2014	FY, 2015	FY, 2016
Revenue	1.2 b	4.1 b	4.1 b
Revenue growth, %		238%	2%
Cost of goods sold	152.5 m	1.8 b	1.7 b
Gross profit	1 b	2.2 b	2.4 b
Gross profit Margin, %	87%	55%	58%
General and administrative expense	345.4 m	437.7 m	318.6 m
Operating expense total	1 b	2.9 b	2.5 b
EBIT	182.4 m	1.2 b	1.7 b
EBIT margin, %	15%	29%	40%
Interest expense	280.1 m	478.3 m	466.9 m
Pre tax profit	(253.1 m)	673.9 m	1.2 b
Income tax expense	24.3 m	162.2 m	243.9 m
Net Income	(277.4 m)	511.7 m	955.9 m

Quarterly

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	932 m	1 b	1 b	918.5 m	1 b	1.1 b	1 b
Cost of goods sold	436.5 m	475.9 m	446.6 m	388.2 m	435.8 m	455 m	423.4 m
Gross profit	495.5 m	565.5 m	573.1 m	530.3 m	604.4 m	620.7 m	577.2 m
Gross profit Margin, %	53%	54%	56%	58%	58%	58%	58%
General and administrative expense	111 m	102.1 m	104.3 m	73.2 m	73.1 m	82.2 m	121.9 m
Operating expense total	111 m	102.1 m	104.3 m	73.2 m	73.1 m	82.2 m	121.9 m
EBIT	221.8 m	298.3 m	344 m	330.6 m	424 m	420.5 m	336.2 m
EBIT margin, %	24%	29%	34%	36%	41%	39%	34%
Interest expense	123.9 m	123.8 m	116 m	115.1 m	117.2 m	117.3 m	111.4 m
Pre tax profit	98.2 m	134.6 m	227.6 m	215.5 m	306.8 m	303.2 m	204.4 m
Income tax expense	47.3 m	43.8 m	44.7 m	47.2 m	59.2 m	64.6 m	37.8 m
Net Income	50.9 m	90.8 m	182.9 m	168.3 m	247.6 m	238.6 m	166.6 m

Balance Sheet

Annual

USD	FY, 2014	FY, 2015	FY, 2016
Cash	1.8 b	757.8 m	1.5 b
Accounts Receivable		11.3 m	117.4 m
Inventories	47.4 m	7.9 m	71.8 m
Current Assets	2.7 b	1.4 b	2.1 b
Goodwill	5.9 b	4.6 b	4.7 b
Total Assets	21.2 b	18.4 b	19.1 b
Accounts Payable	53.1 m	7.3 m	14 m
Current Liabilities	1.9 b	1.1 b	1.2 b
Total Liabilities			12.3 b
Additional Paid-in Capital	1.2 b
Retained Earnings	227.6 m	245.8 m	445.7 m
Total Equity	4.3 b	2.9 b	3.5 b
Financial Leverage	4.9 x	6.3 x	5.5 x

Quarterly

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	1 b	688.9 m	975.5 m	825.9 m	998.1 m	1.3 b	923.9 m
Inventories							83.3 m
Current Assets	1.7 b	1.4 b	1.6 b	1.5 b	1.6 b	1.9 b	1.6 b
Goodwill	5.4 b	5.4 b	4.6 b	4.8 b	4.8 b	4.8 b	5.8 b
Total Assets	19.4 b	19 b	19 b	19 b	19.1 b	19.2 b	20.8 b
Current Liabilities	939.8 m	1 b	1.2 b	1.1 b	1.1 b	1.2 b	1.3 b
Retained Earnings	201.3 m	190.4 m	220.5 m	263.3 m	318.8 m	367.4 m	453.3 m
Total Equity	3.5 b	3.5 b	3.3 b	3.3 b	3.5 b	3.5 b	3.6 b
Financial Leverage	5.5 x	5.4 x	5.8 x	5.7 x	5.4 x	5.5 x	5.8 x

Cash Flow

Annual

USD	FY, 2014	FY, 2015	FY, 2016
Net Income	(277.4 m)	511.7 m	955.9 m
Depreciation and Amortization	72.9 m	182 m	172.1 m
Accounts Receivable	581 k	(2.7 m)
Inventories	511 k	(162 k)
Cash From Operating Activities	259.3 m	1.2 b	1.3 b
Cash From Investing Activities	(7.8 b)	(61.5 m)	26.9 m
Cash From Financing Activities	8.6 b	(2.1 b)	(590.9 m)
Interest Paid	199.9 m	408.3 m	407.1 m
Income Taxes Paid	35.2 m	208.3 m	159.3 m

Quarterly

Ratios

Restaurant Brands International Acquisitions / Subsidiaries

Acquired Company	Date	Deal Size
Popeyes Louisiana Kitchen	April 11, 2017	$1.8 b
Popeyes Louisiana Kitchen	February 21, 2017	$1.8 m

Restaurant Brands International Market Value History

Market Position of Restaurant Brands International

Competitors

Entertainment & Publishing - Public

The Habit Restaurants

Entertainment & Publishing - Public

Entertainment & Publishing - Public

Entertainment & Publishing - Public

Compare competitors

Restaurant Brands International News and Updates

Restaurant Brands International Company Life and Culture

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