When did Restaurant Brands International report Q4 2024 earnings?

Restaurant Brands International (QSR) reported Q4 2024 earnings on February 12, 2025 before market open.

What were Restaurant Brands International's Q4 2024 revenue and EPS?

Restaurant Brands International reported revenue of $2.3B and diluted EPS of $0.81 for Q4 2024.

Did Restaurant Brands International beat estimates in Q4 2024?

Revenue beat the consensus estimate of $2.3B by $28.1M. EPS missed the consensus estimate of $1.10 by $0.29.

Where can I find Restaurant Brands International's Q4 2024 SEC filings?

You can read the 10-K periodic report (0001618756-25-000087) directly on SEC EDGAR. The filing index links above go to sec.gov.

Restaurant Brands International QSR Q4 2024 Annual earnings

Reported February 12, 2025 · Before market open

Revenue$2.3BBeat by $28.1M Diluted EPS$0.81Miss by $0.29

Revenue estimate$2.3B

EPS estimate$1.10

Next report

Aug 6, 2026 (In 3 weeks)

Revenue estimate$2.5B

EPS estimate$1.03

Financials

Q4 2024

Income statement

See full

Revenue$2.3B+26.2%

Operating income$635.0M+35.7%

Net income$361.0M-50.3%

EPS (diluted)$0.79-50.6%

Balance sheet

See full

Cash & equivalents$1.3B+17.1%

Total debt$15.9B+10.0%

Total equity$3.1B+8.5%

Total assets$24.6B+5.3%

Cash flow

See full

Operating cash flow$481.0M+19.4%

CapEx$77.0M+63.8%

Free cash flow$404.0M+13.5%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$21.1B-13.7%

Enterprise value$35.69B-5.6%

P/E14.6×+0.4×

P/S2.5×-1.0×

Profitability

See full

Operating margin28.8%-0.4pp

Net margin17.2%-7.3pp

FCF margin15.5%-1.6pp

Returns & leverage

See full

Return on equity48.4%-15.7pp

Debt / equity5.1×+0.1×

Current ratio1×0.0×

Segments

By segment

See full

TH$1.0B+0.9%

RH$445.0M—

BK$374.0M+8.4%

INTL$237.0M+5.8%

PLK$201.0M+10.4%

By product

See full

Royalties$483.0M-0.2%

Advertising revenues and other services$295.0M-5.8%

Franchise fees and other revenue$36.0M-14.3%

By geography

See full

United States$1.1B+68.6%

CANADA$928.0M+0.1%

Versus estimates

Revenue

Q1 2026$2.3BBeat by $20.0M Q4 2025$2.5BBeat by $54.4M Q3 2025$2.4BBeat by $57.5M Q2 2025$2.4BBeat by $69.0M Q1 2025$2.1BMiss by $40.7M

Q4 2024$2.3BBeat by $28.1M

Diluted EPS

Q1 2026$0.86Beat by $0.03 Q4 2025$0.96Beat by $0.01 Q3 2025$1.03Beat by $0.03 Q2 2025$0.94Miss by $0.03 Q1 2025$0.75Miss by $0.03

Q4 2024$0.81Miss by $0.29

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Questions, answered.

When did Restaurant Brands International report Q4 2024 earnings?: Restaurant Brands International (QSR) reported Q4 2024 earnings on February 12, 2025 before market open.
What were Restaurant Brands International's Q4 2024 revenue and EPS?: Restaurant Brands International reported revenue of $2.3B and diluted EPS of $0.81 for Q4 2024.
Did Restaurant Brands International beat estimates in Q4 2024?: Revenue beat the consensus estimate of $2.3B by $28.1M. EPS missed the consensus estimate of $1.10 by $0.29.
Where can I find Restaurant Brands International's Q4 2024 SEC filings?: You can read the 10-K periodic report (0001618756-25-000087) directly on SEC EDGAR. The filing index links above go to sec.gov.