Income StatementBalance SheetCash FlowSegments
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Restaurant Brands International Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Restaurant Brands International holds $24.9B in total assets. Shareholders' equity is $3.7B against $15.6B in total debt. Cash and equivalents total $1.0B. The current ratio is 0.989 and debt-to-equity is 4.18. Based on the Q1 2026 filing.

Total Assets$24.9BTotal Stockholders Equity$3.7BLong Term Debt$13.2BCash And Equivalents$1.0BTotal Current Assets$2.2BTotal Current Liabilities$2.2B
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$26.3B
P/E Ratio20.22
ROE37.88%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$765.0M$697.0M$763.0M$826.0M$866.0M$813.0M
Accrued expenses$1.1B$105.0M$123.0M$139.0M$1.3B$98.0M
Accrued interest$69.0M$96.0M$69.0M$96.0M$69.0M$96.0M
Accrued Manufacturing Costs$143.0M$105.0M$123.0M$139.0M$155.0M$98.0M
Accrued Marketing and Advertising Expenses$35.0M$47.0M$62.0M$68.0M$44.0M$37.0M
Accrued Progress Collections and Price Adjustments$517.0M$501.0M$514.0M$511.0M$517.0M$503.0M
Contract liabilities$517.0M$501.0M$514.0M$511.0M$517.0M$503.0M
Accrued Income Taxes, Current$228.0M$122.0M$173.0M$220.0M$188.0M$114.0M
Gift card liability$236.0M$183.0M$189.0M$170.0M$249.0M$191.0M
Compensation and benefits$143.0M$105.0M$123.0M$139.0M$155.0M$98.0M
Other accrued liabilities$124.0M$102.0M$128.0M$155.0M$230.0M$132.0M
Current portion of long-term debt$187.0M$183.0M$185.0M$79.0M$32.0M$40.0M
Current Portion of Long-Term Debt and Finance Lease Obligations$222.0M$218.0M$221.0M$116.0M$68.0M$75.0M
Deferred revenue—$40.0M$27.0M$14.0M—$40.0M
Derivative Liabilities - Fair Value$1.0M$36.0M$385.0M$262.0M$293.0M$191.0M
Dividends payable$262.0M$282.0M$282.0M$282.0M$283.0M$297.0M
Income taxes payable$228.0M$122.0M$173.0M$220.0M$188.0M$114.0M
Liabilities held for sale$0.0$500.0M$446.0M$458.0M$437.0M$0.0
Note payable to DIRECTV$124.0M$102.0M$128.0M$155.0M$230.0M$132.0M
Operating lease liabilities, current$193.0M$195.0M$201.0M$200.0M$200.0M$211.0M
Restructuring Reserve$16.0M$14.0M$20.0M$23.0M$25.0M$25.0M
Supplier Finance Program Obligations$22.0M$33.0M$32.0M$61.0M$38.0M$50.0M
Total current liabilities$2.4B$2.6B$2.8B$2.8B$2.9B$2.2B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$698.0M$677.0M$778.0M$761.0M$794.0M$767.0M
Allowance for Credit Losses - Receivable (Current)$57.0M$46.0M$58.0M$63.0M$54.0M$37.0M
Assets held for sale$0.0$645.0M$622.0M$631.0M$489.0M$0.0
Cash and cash equivalents$1.3B$899.0M$1.0B$1.2B$1.2B$1.0B
Total Cash, Cash Equivalents, and Restricted Cash (Inclusive)$1.3B$899.0M$1.0B$1.2B$1.2B$1.0B
Derivative Assets - Fair Value$286.0M$201.0M$100.0M$80.0M$66.0M$93.0M
Inventories$142.0M$159.0M$167.0M$216.0M$205.0M$203.0M
Prepaid expenses and other current assets$108.0M$150.0M$195.0M$201.0M$179.0M$172.0M
Total current assets$2.3B$2.5B$2.8B$3.0B$2.8B$2.2B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$1.1B-$1.1B-$946.0M-$1.0B-$1.0B-$1.1B
Common stock$2.4B$2.4B$2.5B$2.5B$2.9B$2.9B
Common Stock Shares Issued324.4M327.6M327.8M327.8M346.3M347.3M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$2.4B$2.4B$2.5B$2.5B$2.9B$2.9B
Noncontrolling interests$1.7B$1.7B$1.8B$1.8B$1.5B$1.5B
Retained earnings$1.9B$1.8B$1.8B$1.9B$1.8B$1.9B
Share Repurchase Authorization Limit—$500.0M$500.0M$500.0M—$966.0M
Share Repurchase Program - Amount Remaining—$500.0M$500.0M$500.0M—$966.0M
Total liabilities and stockholders' equity$24.6B$24.9B$25.7B$25.7B$25.6B$24.9B
Total stockholders' equity$3.1B$3.1B$3.3B$3.4B$3.6B$3.7B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contract Liabilities, Non-Current$517.0M$501.0M$514.0M$511.0M$517.0M$503.0M
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$117.0M$111.0M$104.0M$98.0M$90.0M$84.0M
Defined Benefit Pension Plan Liabilities (Non-Current)$23.0M$23.0M$24.0M$24.0M$23.0M$24.0M
Derivative Liabilities (Non-Current)$1.0M$36.0M$385.0M$260.0M$290.0M$191.0M
Finance lease liabilities$286.0M$280.0M$282.0M$269.0M$261.0M$253.0M
Long-term debt$13.5B$13.4B$13.4B$13.4B$13.3B$13.2B
Deferred revenue, net of current portion$517.0M$501.0M$514.0M$511.0M$517.0M$503.0M
Retirement and nonpension postretirement benefit obligations$23.0M$23.0M$24.0M$24.0M$23.0M$24.0M
Operating lease liabilities, non-current$1.8B$1.8B$1.8B$1.8B$1.9B$1.9B
Other non-current liabilities$706.0M$733.0M$1.1B$977.0M$1.0B$931.0M
Lease intangible liabilities, net$30.0M$29.0M$29.0M$26.0M$25.0M$23.0M
Total Carrying Value of Debt$13.7B$13.6B$13.6B$13.6B$13.4B$13.4B
Total liabilities$19.8B$20.1B$20.6B$20.5B$20.5B$19.6B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets$1.2B$1.2B$1.2B$1.2B$1.1B$1.1B
Deferred Tax Assets and Other Non-Current Assets$1.4B$1.2B$1.2B$1.1B$1.0B$1.2B
Equity method investments$113.0M$114.0M$120.0M$117.0M$111.0M$196.0M
Finite Lived Intangible Assets - Gross$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B
Goodwill$6.0B$6.1B$6.3B$6.2B$6.3B$6.3B
Indefinite-Lived Intangible Assets————$10.5B$10.5B
Indefinite-Lived Intangible Assets, Gross————$10.5B$10.5B
Indefinite-Lived Research and Development Assets————$10.5B$10.5B
Indefinite-Lived Trademarks————$10.5B$10.5B
Intangible assets, net$10.9B$696.0M$688.0M$666.0M$11.2B$624.0M
Intangible assets — net$711.0M$696.0M$688.0M$666.0M$648.0M$624.0M
Other intangible assets—net$10.9B$10.9B$11.3B$11.1B$11.2B$11.1B
Operating lease right-of-use assets$1.9B$1.9B$1.9B$1.9B$2.0B$2.0B
Other non-current assets$1.4B$1.2B$1.2B$1.1B$1.0B$1.2B
Operating lease right-of-use assets$1.9B$1.9B$1.9B$1.9B$2.0B$2.0B
Operating Lease Right-of-Use Assets in Other Assets$1.9B$1.9B$1.9B$1.9B$2.0B$2.0B
Other non-current assets$1.4B$29.0M$27.0M$47.0M$1.0B$63.0M
Accumulated depreciation$1.1B$1.1B$1.2B$1.2B$1.2B$1.3B
Property and equipment, net$2.2B$2.2B$2.2B$2.3B$2.3B$2.3B
Software and Technology Licenses, Net$1.4B$1.2B$1.2B$1.1B$1.0B$1.2B
Total assets$24.6B$24.9B$25.7B$25.7B$25.6B$24.9B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Fair Value Measurement Disclosure$1.0M$36.0M$385.0M$262.0M$293.0M$191.0M
Number of Countries of Operation—12000.0%12000.0%12000.0%—12000.0%
Gross Assets/Liabilities$1.0M$36.0M$385.0M$262.0M$293.0M$191.0M
Income taxes payable – long-term$52.0M$53.0M$55.0M$53.0M$77.0M$80.0M
Short-term financing receivables held for investment, allowances$57.0M$46.0M$58.0M$63.0M$54.0M$37.0M
Percent of system-wide restaurants franchised—90.0%90.0%90.0%—95.0%
Cash and cash equivalents, end of period$1.3B$899.0M$1.0B$1.2B$1.2B$1.0B
Common stock, no par value (in dollars per share)$0.00$0.00$0.00$0.00$0.00$0.00
Common stock, shares issued (in shares)$324.4M$327.6M$327.8M$327.8M$346.3M$347.3M
Common Stock, Shares, Outstanding$324.4M$327.6M$327.8M$327.8M$346.3M$347.3M
Deferred income$71.0M$66.0M$77.0M$94.0M$77.0M$89.0M
Deferred income$54.0M$62.0M$60.0M$56.0M$45.0M$47.0M
Contract with Customer, Liability$517.0M$501.0M$514.0M$511.0M$517.0M$503.0M
Long-term debt, gross$13.7B$13.6B$13.6B$13.6B$13.4B$13.4B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$117.0M$111.0M$104.0M$98.0M$90.0M$84.0M
Deferred income taxes$1.2B$1.2B$1.2B$1.2B$1.1B$1.1B
Derivative, gross, assets$286.0M$201.0M$100.0M$80.0M$66.0M$93.0M
Derivatives, gross, liabilities$1.0M$36.0M$385.0M$262.0M$293.0M$191.0M
Derivative Liability, Noncurrent$1.0M$36.0M$385.0M$260.0M$290.0M$191.0M
Assumed conversion of convertible securities, percent—————100.0%
Equity method investments (Note 11)$113.0M$114.0M$120.0M$117.0M$111.0M$196.0M
Finite-Lived Intangible Assets, Accumulated Amortization$444.0M$464.0M$494.0M$496.0M$515.0M$528.0M
Gross Carrying Amount$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B
Trademarks————$10.5B$10.5B
Less: current maturities$222.0M$218.0M$221.0M$116.0M$68.0M$75.0M
Fair value of long-term debt$13.1B$13.2B$13.3B$13.4B$13.3B$13.1B
Noncontrolling interests in subsidiaries$1.7B$1.7B$1.8B$1.8B$1.5B$1.5B
Number of countries in which Visa operates (more than)—$120.0$120.0$120.0—$120.0
Number of Restaurants—$32.1K$32.2K$32.4K—$33.0K
Other accrued liabilities$1.1B$1.0B$1.1B$1.3B$1.3B$1.1B
Severance accrual, current$16.0M$14.0M$20.0M$23.0M$25.0M$25.0M
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$40.0M$27.0M$14.0M—$40.0M
Share Repurchase Program, Remaining Authorized, Amount—$500.0M$500.0M$500.0M—$966.0M
Number of Stores—32149.0032229.0032423.00—32985.00