Restaurant Brands International Inc. ('RBI') is one of the world's largest quick service restaurant companies with approximately $31 billion in annual system-wide sales and 27,000 restaurants in more than 100 countries and U.S. territories. RBI owns three of the world's most prominent and iconic quick service restaurant brands - TIM HORTONS®, BURGER KING®, and POPEYES®. These independently operated brands have been serving their respective guests, franchisees and communities for over 45 years.
Company profile
Ticker
QSR
Exchange
Website
CEO
Jose Cil
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
1011773 B.C. Unlimited Liability Co, 9060669 Canada Inc.
SEC CIK
Corporate docs
Subsidiaries
1011778 B.C. Unlimited Liability Company • 1011778 Subco Holdings ULC • 1013414 B.C. Unlimited Liability Company • 1013421 B.C. Unlimited Liability Company • 1014369 B.C. Unlimited Liability Company • 1019334 B.C. Unlimited Liability Company • 1028539 B.C. Unlimited Liability Company • 1029261 B.C. Unlimited Liability Company • 1057772 B.C. Unlimited Liability Company • 1112090 B.C. Unlimited Liability Company ...
QSR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
23 May 23
10-Q
2023 Q1
Quarterly report
2 May 23
8-K
Restaurant Brands International Inc. Reports First Quarter 2023 Results
2 May 23
PX14A6G
Letter to shareholders
1 May 23
PX14A6N
Letter to shareholders
1 May 23
ARS
2022 FY
Annual report to shareholders
12 Apr 23
DEFA14A
Additional proxy soliciting materials
12 Apr 23
DEF 14A
Definitive proxy
12 Apr 23
424B3
Prospectus supplement
1 Mar 23
8-K
Restaurant Brands International Inc. Announces Receipt of Exchange Notice, Intent to Use Common Shares to Satisfy Exchange
28 Feb 23
Transcripts
QSR
Earnings call transcript
2023 Q1
2 May 23
QSR
Earnings call transcript
2022 Q4
14 Feb 23
QSR
Earnings call transcript
2022 Q3
3 Nov 22
QSR
Earnings call transcript
2022 Q2
4 Aug 22
QSR
Earnings call transcript
2022 Q1
3 May 22
QSR
Earnings call transcript
2021 Q4
15 Feb 22
QSR
Earnings call transcript
2021 Q3
25 Oct 21
QSR
Earnings call transcript
2021 Q2
30 Jul 21
QSR
Earnings call transcript
2021 Q1
30 Apr 21
QSR
Earnings call transcript
2020 Q4
11 Feb 21
Latest ownership filings
3
JORDANA FRIBOURG
2 Jun 23
4
Matthew Dunnigan
23 May 23
144
Notice of proposed sale of securities
19 May 23
4
Ali Hedayat
10 May 23
4
Sami A. Siddiqui
10 May 23
144
Notice of proposed sale of securities
9 May 23
144
Notice of proposed sale of securities
8 May 23
4
AXEL MR SCHWAN
8 May 23
4
David Chan Shear
8 May 23
4
Jill Granat
8 May 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.03 bn | 1.03 bn | 1.03 bn | 1.03 bn | 1.03 bn | 1.03 bn |
| Cash burn (monthly) | 48.33 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 102.96 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 930.04 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 19.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 418 |
| Opened positions | 75 |
| Closed positions | 42 |
| Increased positions | 117 |
| Reduced positions | 158 |
| 13F shares | Current |
|---|---|
| Total value | 16.13 tn |
| Total shares | 381.50 mm |
| Total puts | 2.24 mm |
| Total calls | 2.73 mm |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| 3G Restaurant Brands Holdings General Partner | 132.66 mm | $8.47 bn |
| Capital World Investors | 40.10 mm | $2.59 tn |
| Pershing Square Capital Management | 24.19 mm | $1.56 tn |
| RY Royal Bank Of Canada | 21.35 mm | $1.38 tn |
| EdgePoint Investment | 13.10 mm | $846.69 bn |
| Vanguard | 11.07 mm | $716.20 bn |
| Capital Research Global Investors | 10.27 mm | $664.14 bn |
| Beutel, Goodman & Co | 8.58 mm | $562.97 bn |
| Jarislowsky, Fraser | 7.93 mm | $520.65 bn |
| BMO Bank of Montreal | 5.92 mm | $398.50 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 19 May 23 | Matthew Dunnigan | Common Shares | Sell | Dispose S | No | No | 73.21 | 45,000 | 3.29 mm | 39,390.925 |
| 19 May 23 | Matthew Dunnigan | Common Shares | Option exercise | Acquire M | No | No | 42.26 | 30,000 | 1.27 mm | 84,390.925 |
| 19 May 23 | Matthew Dunnigan | Option Common Shares | Option exercise | Dispose M | No | No | 42.26 | 30,000 | 1.27 mm | 0 |
| 8 May 23 | Ali Hedayat | Common Shares | Sell | Dispose S | No | No | 72.54 | 7,772 | 563.78 k | 17,677 |
| 8 May 23 | Ali Hedayat | Common Shares | Option exercise | Acquire M | No | No | 46.77 | 10,000 | 467.70 k | 25,449 |
| 8 May 23 | Ali Hedayat | Option Common Shares | Option exercise | Dispose M | No | No | 46.77 | 10,000 | 467.70 k | 11,381 |
| 8 May 23 | Sami A. Siddiqui | Common Shares | Sell | Dispose S | Yes | No | 72.4 | 15,000 | 1.09 mm | 116,634 |
| 5 May 23 | Axel MR Schwan | Common Shares | Sell | Dispose S | No | No | 71.25 | 34,000 | 2.42 mm | 106,304.573 |
News
TD Cowen Maintains Outperform Rating for Restaurant Brands Intl: Here's What You Need To Know
31 May 23
TD Cowen Maintains Outperform on Restaurant Brands Intl, Raises Price Target to $85
31 May 23
Restaurant Brands Says Ten Individuals Nominated By Board For Election As Directors Were Elected
23 May 23
Bill Ackman Is Long The American Wallet: Big Bets On Lowe's, Chipotle And Others
15 May 23
'Coffee Chain Tim Hortons To Open Stores In South Korea' - Reuters News
10 May 23
Press releases
Tims China Selected for Inclusion in the MSCI China All Shares Small Cap Index
1 Jun 23
Tims China Announces First Quarter 2023 Financial Results
30 May 23
Restaurant Brands International Inc. to Participate in Bernstein Annual Strategic Decisions Conference
25 May 23
Restaurant Brands International Inc. Announces Election of Directors
23 May 23
Tims China Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants
12 May 23