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Restaurant Brands International QSR Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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$10.78M-29.3%

Other financials

Income statement

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Revenue$2.5B+4.6%
Gross profit$1.1B+8.9%
Operating income$716.0M+48.2%
Net income$665.0M+153%
EPS (diluted)$1.45+154%

Balance sheet

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Cash & equivalents$1.1B+3.6%
Total debt$15.6B-2.0%
Total equity$3.9B+16.1%
Total assets$25.0B-2.6%

Cash flow

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Operating cash flow$530.0M+18.0%
CapEx$51.0M+34.2%
Free cash flow$479.0M+16.5%

Valuation

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Market cap$25.77B+20.7%
Enterprise value$40.32B+11.2%
P/E15.2×-2.6×
P/S2.7×+0.3×

Profitability

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Gross margin65.3%+0.9pp
Operating margin26.9%+3.5pp
Net margin17.5%+4.3pp
FCF margin16.8%+2.0pp

Returns & leverage

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Return on equity47.5%+9.8pp
Debt / equity4.1×-0.7×
Current ratio0.0×

Where this comes from

Reported directly by Restaurant Brands International in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Restaurant Brands International’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001618756-26-000045
Line itemAs of / June 30,2026As of / December 31,2025
Shareholders’ equity:
Common shares, no par value; Unlimited shares authorized at June 30, 2026 and December 31, 2025; 349,205,651 shares issued and outstanding at June 30, 2026; 346,323,165 shares issued and outstanding at December 31, 20252,8702,859
Retained earnings2,1791,795
Accumulated other comprehensive income (loss)(1,199)(1,020)
Total Restaurant Brands International Inc. shareholders’ equity3,8503,634
Noncontrolling interests1,5451,525
Total shareholders’ equity5,3955,159
Total liabilities and shareholders’ equity$25,022$25,615

Item 1. Financial Statements

FAQ

What is Restaurant Brands International's noncontrolling interests in subsidiaries?
Restaurant Brands International (QSR) reported noncontrolling interests in subsidiaries of $1.55B in Q2 2026.
How has Restaurant Brands International's noncontrolling interests in subsidiaries changed year-over-year?
Restaurant Brands International's noncontrolling interests in subsidiaries decreased by 12.9% year-over-year, from $1.77B to $1.55B.
What is the long-term trend for Restaurant Brands International's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Restaurant Brands International's noncontrolling interests in subsidiaries has grown at a -0.4% compound annual growth rate (CAGR), from $1.55B to $1.53B.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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