Restaurant Brands International QSR Distributions from Equity Affiliates

Segments

TH$3M0.0%

BK$0—

FHS$0—

INTL$0—

PLK$0—

RH$0—

Revenue$2.3B+7.3%

Gross profit$1.1B+8.9%

Operating income$606.0M+39.3%

Net income$445.0M+101%

EPS (diluted)$0.97+98.0%

Cash & equivalents$1.0B+12.6%

Total debt$15.6B-1.5%

Total equity$3.7B+20.1%

Total assets$24.9B0.0%

Operating cash flow$227.0M+92.4%

CapEx$58.0M-9.4%

Free cash flow$169.0M+213%

Market cap$25.79B+20.2%

Enterprise value$40.43B+11.2%

P/E19.9×+2.0×

P/S2.7×+0.3×

Gross margin65.3%+0.9pp

Operating margin24.7%-1.6pp

Net margin13.5%-1.7pp

FCF margin16.3%+2.2pp

Return on equity37.9%-6.1pp

Debt / equity4.2×-0.9×

Current ratio1×0.0×