What is Restaurant Brands International's firehouse subs brand — goodwill?

Restaurant Brands International (QSR) reported firehouse subs brand — goodwill of $193.00M in Q1 2024.

How has Restaurant Brands International's firehouse subs brand — goodwill changed year-over-year?

Restaurant Brands International's firehouse subs brand — goodwill decreased by 0.0% year-over-year, from $193.00M to $193.00M.

What does firehouse subs brand — goodwill mean?

The premium paid to acquire the Firehouse Subs business that exceeds the value of its tangible assets.

Discontinued — last reported Q1 '24

Business Segments · Goodwill

Firehouse Subs brand — Goodwill

Restaurant Brands International Firehouse Subs brand — Goodwill remained flat by 0.0% to $193.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $193.00M to $193.00M.

Analysis

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2021

Last reportedQ1 2024Apr 30, 2024

Rolls up toGoodwill

How to read this metric

A stable or increasing balance suggests the business is meeting or exceeding the performance expectations set at the time of acquisition, while a decrease indicates a potential impairment of the asset.

Detailed definition

This represents the excess of the purchase price paid for the Firehouse Subs business over the fair value of its identif...

Peer comparison

Commonly reported as a component of total goodwill for companies that have grown through the acquisition of restaurant chains.

Metric ID: qsr_segment_firehouse_subs_brand_goodwill

Historical Data

10 periods

	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24
Value	$253.00M	$264.00M	$194.00M	$192.00M	$193.00M	$193.00M	$193.00M	$193.00M	$193.00M	$193.00M
QoQ Change	—	+4.3%	-26.5%	-1.0%	+0.5%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%
YoY Change	—	—	—	—	-23.7%	-26.9%	-0.5%	+0.5%	+0.0%	+0.0%

Range$192.00M – $264.00M

CAGR-11.3%

Avg YoY Growth-8.4%

Median YoY Growth-0.3%

Current Streak6 quarters growth

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Frequently Asked Questions

What is Restaurant Brands International's firehouse subs brand — goodwill?: Restaurant Brands International (QSR) reported firehouse subs brand — goodwill of $193.00M in Q1 2024.
How has Restaurant Brands International's firehouse subs brand — goodwill changed year-over-year?: Restaurant Brands International's firehouse subs brand — goodwill decreased by 0.0% year-over-year, from $193.00M to $193.00M.
What does firehouse subs brand — goodwill mean?: The premium paid to acquire the Firehouse Subs business that exceeds the value of its tangible assets.