Discontinued — last reported Q4 '25

Business Segments · Adjusted Operating Income

FHS — Adjusted Operating Income

Restaurant Brands International FHS — Adjusted Operating Income increased by 14.3% to $16.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.1%, from $13.00M to $16.00M. Over 4 years (FY 2021 to FY 2025), FHS — Adjusted Operating Income shows an upward trend with a 130.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2025

How to read this metric

An increase indicates improved operational efficiency or higher margins, while a decrease suggests rising costs or declining sales performance.

Detailed definition

A non-GAAP measure of profitability that excludes non-recurring items, restructuring costs, and other non-operational ch...

Peer comparison

Standard metric for segment performance analysis; comparable to segment-level EBITDA or operating profit at other multi-brand restaurant companies.

Metric ID: qsr_segment_fhs_adjusted_operating_income

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$500.00K$500.00K$500.00K$14.00M$14.00M$14.00M$14.00M$9.50M$9.50M$9.50M$9.50M$10.00M$13.00M$12.00M$13.00M$11.00M$15.00M$14.00M$16.00M
QoQ Change+0.0%+0.0%>999%+0.0%+0.0%+0.0%-32.1%+0.0%+0.0%+0.0%+5.3%+30.0%-7.7%+8.3%-15.4%+36.4%-6.7%+14.3%
YoY Change>999%>999%>999%-32.1%-32.1%-32.1%-32.1%+5.3%+36.8%+26.3%+36.8%+10.0%+15.4%+16.7%+23.1%
Range$500.00K$16.00M
CAGR+116.0%
Avg YoY Growth+542.8%
Median YoY Growth+16.7%

Frequently Asked Questions

What is Restaurant Brands International's fhs — adjusted operating income?
Restaurant Brands International (QSR) reported fhs — adjusted operating income of $16.00M in Q4 2025.
How has Restaurant Brands International's fhs — adjusted operating income changed year-over-year?
Restaurant Brands International's fhs — adjusted operating income increased by 23.1% year-over-year, from $13.00M to $16.00M.
What is the long-term trend for Restaurant Brands International's fhs — adjusted operating income?
Over 4 years (2021 to 2025), Restaurant Brands International's fhs — adjusted operating income has grown at a 130.0% compound annual growth rate (CAGR), from $2.00M to $56.00M.
What does fhs — adjusted operating income mean?
Core operating profit excluding one-time or non-operational expenses.