What does indefinite-lived intangible assets mean?

This represents intangible assets, such as iconic brand names or trademarks, that are expected to generate cash flows for an unlimited period. Unlike finite-lived assets, these are not amortized but are tested annually for impairment. They represent the core long-term value of the company's brand portfolio.

Restaurant Brands International QSR Indefinite-Lived Intangible Assets

Indefinite-Lived Intangible Assets at other companies

El Pollo LocoLOCO

$61.89M0.0%

WingstopWING

$32.7M0.0%

Dine Brands GlobalDIN

$473.5M—

Portillo's Inc.PTLO

$221.73M-1.0%

Segments

By segment

See full

TH$6.15B+3.0%

BK$2.14B+2.0%

PLK$1.36B0.0%

FHS$816M0.0%

Other financials

Income statement

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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%

Balance sheet

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Cash & equivalents$1.0B+12.6%

Total debt$15.6B-1.5%

Total equity$3.7B+20.1%

Total assets$24.9B0.0%

Cash flow

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Operating cash flow$227.0M+92.4%

CapEx$58.0M-9.4%

Free cash flow$169.0M+213%

Valuation

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Market cap$25.16B+20.8%

Enterprise value$39.8B+11.6%

P/E19.4×+2.0×

P/S2.6×+0.3×

Profitability

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Gross margin65.3%+0.9pp

Operating margin24.7%-1.6pp

Net margin13.5%-1.7pp

FCF margin16.3%+2.2pp

Returns & leverage

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Return on equity37.9%-6.1pp

Debt / equity4.2×-0.9×

Current ratio1×0.0×

Where this comes from

Reported directly by Restaurant Brands International in its filing.

Tagged under the XBRL concept us-gaap:IndefiniteLivedIntangibleAssetsExcludingGoodwill.

The official record: Restaurant Brands International’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Restaurant Brands International's indefinite-lived intangible assets?: Restaurant Brands International (QSR) reported indefinite-lived intangible assets of $10.46B in Q1 2026.
What does indefinite-lived intangible assets mean?: This represents intangible assets, such as iconic brand names or trademarks, that are expected to generate cash flows for an unlimited period. Unlike finite-lived assets, these are not amortized but are tested annually for impairment. They represent the core long-term value of the company's brand portfolio.