Discontinued — last reported Q4 '23
Restaurant Brands International Tim Hortons brand — CapEx remained flat by 0.0% to $12.75M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 70.0%, from $7.50M to $12.75M. Over 2 years (FY 2021 to FY 2023), Tim Hortons brand — CapEx shows a downward trend with a -8.6% CAGR.
Higher spending may indicate aggressive expansion or modernization, while lower spending could signal capital efficiency or a shift toward asset-light strategies.
This metric represents the cash outflows used by the business segment to acquire, upgrade, and maintain physical assets...
Peers in the quick-service restaurant industry typically report this as 'Capital Expenditures' or 'Additions to Property and Equipment' within segment disclosures.
qsr_segment_tim_hortons_brand_capital_expenditures| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $61.00M | $30.00M | $51.00M |
| YoY Change | — | -50.8% | +70.0% |