Restaurant Brands International LP (RSTRF)

RSTRF Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	7,151	6,505	5,739	4,968	5,603
Revenue Growth (YoY)	9.93%	13.35%	15.52%	-11.33%	4.59%
Cost of Revenue	3,001	3,907	3,341	2,138	2,353
Gross Profit	4,150	2,598	2,398	2,830	3,250
Selling, General & Admin	1,975	536	454	1,229	1,208
Other Operating Expenses	1,265	39	20	11	15
Operating Expenses	1,975	575	474	1,240	1,223
Operating Income	2,175	1,898	1,879	1,422	2,007
Interest Income	40	7	3	9.48	20
Interest Expense	592.67	533	505	508	523
Other Expense / Income	680.54	10	18	109.48	54
Pretax Income	1,480	1,365	1,363	816	1,452
Income Tax	-269.86	-117	110	66	341
Net Income	1,212	1,479	1,249	748	1,109
Net Income Growth	-18.06%	18.41%	66.98%	-32.55%	81.21%
Shares Outstanding (Basic)	453	451	462	465	467
Shares Outstanding (Diluted)	453	451	462	465	467
Shares Change	0.51%	-2.36%	-0.73%	-0.36%	11.65%
EPS (Basic)	2.67	3.15	2.68	1.69	2.43
EPS (Diluted)	2.67	3.15	2.68	1.69	2.43
EPS Growth	-15.24%	17.54%	58.58%	-30.45%	66.44%
Free Cash Flow	1,225	1,390	1,620	804	1,414
Free Cash Flow Per Share	2.70	3.08	3.51	1.73	3.03
Gross Margin	58.03%	39.94%	41.78%	56.96%	58.00%
Operating Margin	30.42%	29.18%	32.74%	28.62%	35.82%
Profit Margin	16.95%	22.74%	21.76%	15.06%	19.79%
Free Cash Flow Margin	17.13%	21.37%	28.23%	16.18%	25.24%
Effective Tax Rate	-18.24%	-8.57%	8.07%	8.09%	23.48%
EBITDA	2,370	2,169	2,121	1,740	2,214
EBITDA Margin	33.14%	33.34%	36.96%	35.02%	39.51%
Depreciation & Amortization	194.5	190	201	189	185
EBIT	2,175	1,979	1,920	1,551	2,029
EBIT Margin	30.42%	30.42%	33.46%	31.22%	36.21%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.