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Restaurant Brands International QSR · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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77.52

-0.22%

Close of 9 Nov 2026, in USD

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About Restaurant Brands International

From its filings with the US Securities and Exchange Commission

SEC filings

Restaurant Brands International is based in Miami, Florida and is incorporated in Ontario, Canada. Its shares trade on NYSE under the ticker QSR. The SEC classifies its business as retail-eating places. In the fiscal year to 31 December 2025, it reported revenue of $9.43bn and net income of $1.07bn. At that date it held total assets of $25.61bn and shareholders' equity of $3.63bn.

In its own words

We own and franchise four iconic brands, Tim Hortons®, Burger King®, Popeyes®, and Firehouse Subs®. Our four iconic brands have complementary daypart mixes and product platforms that benefit from global scale and sharing of best practices while preserving the independence and rich heritage of each brand.

Tim Hortons® - Founded in 1964, Tim Hortons is one of the largest coffee and baked goods restaurant chains in North America and the largest in Canada as measured by total number of restaurants. Tim Hortons restaurants also serve a variety of hot and cold specialty beverages alongside delicious breakfast, lunch, and dinner offerings including sandwiches, wraps, flatbread pizzas, and more.

Burger King® - Founded in 1954, Burger King is the world’s second largest quick service hamburger restaurant chain, as measured by total number of restaurants, and is the Home of the Whopper®. Burger King restaurants feature flame-grilled hamburgers, chicken, and other specialty sandwiches.

Popeyes® - Founded in 1972, Popeyes is the world’s second largest quick service chicken concept, as measured by total number of restaurants, and delivers guests a unique “Louisiana” style menu featuring fried bone-in chicken, chicken tenders, chicken sandwiches, wings, and regional items.

Quoted from its 10-K, filed 20 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Consumer Discretionary
Industry
Hotels, Restaurants & Leisure
Listed since
10 Dec 2014
Employees
53,500
Website
rbi.com ↗
Head office
5707 BLUE LAGOON DRIVE, MIAMI, FL, 33126
Incorporated in
A6
Classification
Retail-Eating Places
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. J. Patrick DoyleExecutive Chairman of the Board, since 2023$116.7m
  • Mr. Joshua KobzaChief Executive Officer$14.5m
  • Mr. Sami SiddiquiChief Financial Officer$5.9m
  • Mr. Thomas CurtisPresident - Burger King U.S. & Canada$6.9m
  • Mr. Jeffrey KleinPresident of Popeyes U.S. and Canada
  • Mr. Thiago SantelmoPresident - International
  • Mr. Axel SchwanPresident - Tim Hortons Canada & U.S$7.0m
  • Mr. Jeff HousmanChief People and Services Officer
  • Ms. Jacqueline FriesnerChief Accounting Officer, Controller
  • Ms. Jill GranatGeneral Counsel, Corporate Secretary$5.0m
  • Mr. Duncan FultonChief Corporate Officer
  • Mr. Ali HedayatLead Independent Director$200,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
66
Environment
72
Social
75
Governance
49
Direct emissions (scope 1)
128,994 t
Energy emissions (scope 2)
66,114 t
Value chain emissions (scope 3)
28,937,358 t
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Established brand portfolio: Restaurant Brands International Inc owns well-known brands such as Burger King, Tim Hortons, and Popeyes Louisiana Kitchen, providing a diversified revenue stream and benefiting from customer loyalty.
  • Global presence: With thousands of restaurant locations worldwide, Restaurant Brands International Inc has a strong global footprint, allowing it to tap into various markets and reach a wide customer base.
  • Operational efficiency: The company has successfully implemented efficient operating systems, supply chain management, and franchising models, enabling cost savings and standardized practices across its brands.

Weaknesses

  • Dependence on franchisees: While franchising offers benefits, Restaurant Brands International Inc relies heavily on its franchisees, making it susceptible to their performance, business decisions, and potential conflicts with franchisees.
  • Risks of brand image damage: As a result of operating in the highly competitive fast-food industry, any negative incidents involving food quality, customer service, or public perception can quickly tarnish the reputation of the company's brands.
  • Inherent industry challenges: Fast-food chains face challenges such as changing consumer preferences, increased health consciousness, and potential regulatory changes, which can impact the company's growth and profitability.

Opportunities

  • Further international expansion: Restaurant Brands International Inc can leverage its global presence to enter new markets with its existing brands or explore opportunities for acquisitions or partnerships to expand its market share.
  • Product diversification: The company can continue to innovate and introduce new menu offerings, including healthier options, plant-based alternatives, or localized menu items, to cater to changing consumer preferences and attract a wider customer base.
  • Digitalization and technology adoption: By investing in digital platforms, mobile apps, and automation technologies, Restaurant Brands International Inc can enhance customer convenience, improve operational efficiency, and drive online sales.

Threats

  • Intense competition: The fast-food industry is highly competitive, with numerous global and local players vying for market share. Competitors offering similar products, competitive pricing, or unique marketing strategies can pose a threat to Restaurant Brands International Inc's market position.
  • Economic downturns and consumer spending: During economic downturns or periods of reduced consumer spending, customers may cut back on discretionary spending, impacting the company's sales and profitability.
  • Changing consumer preferences and health concerns: As consumers become more health-conscious, there is a growing demand for healthier food options and increased scrutiny of fast-food chains. Failure to adapt to evolving preferences or address health concerns can adversely affect the company's performance.

Sources and methodology

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