Restaurant Brands International Inc.

QSR ·Consumer Cyclical, Restaurants, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012
Revenue $4.58B $4.15B $4.05B $1.20B $1.15B $1.97B
Cost of Revenue $1.85B $1.73B $1.81B $156.4M $195.3M $1.04B
Gross Profit $2.73B $2.42B $2.24B $826.5M $743.1M $727.4M
Gross Margin 59.6% 58.3% 55.3% 68.9% 64.8% 36.9%
Operating Expenses
Research & Development
SG&A Expense $416.0M $319.0M $437.7M $345.4M $242.4M $347.6M
Operating Income $1.74B $1.67B $1.19B $181.1M $522.2M $417.7M
Operating Margin 37.9% 40.2% 29.4% 15.1% 45.6% 21.2%
Interest Expense
Pretax Income $1.10B $1.20B $673.9M $-254.0M $322.2M $159.7M
Income Tax Expense $-134.0M $244.0M $162.2M $15.3M $88.5M $42.0M
Net Income $1.24B $956.0M $511.7M $158.0M $233.7M $117.7M
Net Margin 27.0% 23.1% 12.6% 13.2% 20.4% 6.0%
EPS (Basic) $2.64 $1.48 $0.51 $-1.16 $0.67 $0.34
EPS (Diluted) $2.54 $1.45 $0.50 $-2.32 $0.65 $0.33
Shares Outstanding (Basic) 237.0M 233.0M 203.5M 343.7M 351.0M 349.7M
Shares Outstanding (Diluted) 477.0M 470.0M 476.0M 358.2M 357.8M 354.1M
Dividends Per Share $0.78 $0.62 $0.44 $0.30 $0.24 $0.04
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