Business Segments · Number of restaurants in operation
FHS — Number of restaurants in operation
Restaurant Brands International FHS — Number of restaurants in operation increased by 9.1% to $1.50K in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $1.37K to $1.50K. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2025
Rolls up toNumber of Stores
How to read this metric
Growth indicates successful expansion and market penetration, while a decline may signal store closures or market contraction.
Detailed definition
The total count of active restaurant locations within the segment at the end of the reporting period. This is a primary...
Peer comparison
A standard KPI for all restaurant chains; directly comparable to unit counts at competitors like Subway or Wendy's.
Metric ID:
qsr_segment_fhs_number_of_restaurants_in_operationHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | 1.2K | 1.2K | 1.3K | 1.4K | 1.5K |
| QoQ Change | — | +2.4% | +3.2% | +6.9% | +9.1% |
| YoY Change | — | +2.4% | +3.2% | +6.9% | +9.1% |
Range1.2K – 1.5K
CAGR+23.3%
Avg YoY Growth+5.4%
Median YoY Growth+5.1%
Current Streak4+ quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Restaurant Brands International's fhs — number of restaurants in operation?
- Restaurant Brands International (QSR) reported fhs — number of restaurants in operation of $1.50K in Q4 2025.
- How has Restaurant Brands International's fhs — number of restaurants in operation changed year-over-year?
- Restaurant Brands International's fhs — number of restaurants in operation increased by 9.1% year-over-year, from $1.37K to $1.50K.
- What does fhs — number of restaurants in operation mean?
- The total number of open restaurant locations.