Restaurant brands international inc. (QSR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Revenues [Abstract]
Total revenues

1,225,000

1,479,000

1,458,000

1,400,000

1,266,000

1,385,000

1,375,000

1,343,000

1,254,000

1,234,100

1,208,600

1,132,700

1,000,600

1,111,600

1,075,700

1,040,200

918,500

1,057,000

1,019,700

1,042,200

933,300

417,800

278,900

261,200

240,900

Operating costs and expenses:
Cost of sales

399,000

479,000

475,000

453,000

406,000

470,000

470,000

449,000

429,000

473,100

493,300

460,200

423,400

441,300

457,100

438,000

390,600

454,900

446,600

474,800

433,200

108,700

16,500

15,700

15,500

Franchise and property expenses

126,000

139,000

133,000

135,000

133,000

108,000

107,000

103,000

104,000

134,800

118,500

113,700

111,000

130,500

109,800

111,900

101,800

138,000

114,400

121,700

129,100

64,500

41,400

35,700

37,400

Selling, general and administrative expenses

325,000

316,000

320,000

316,000

312,000

297,000

298,000

318,000

301,000

97,300

100,100

96,700

121,900

90,500

82,200

73,100

73,200

120,400

104,300

102,000

111,000

171,900

78,300

47,000

48,200

(Income) loss from equity method investments

-2,000

0

11,000

-2,000

2,000

5,000

4,000

-1,000

14,000

3,100

4,100

-900

5,700

3,400

2,600

-4,500

18,500

1,600

-1,000

-6,400

1,700

-3,700

4,100

-5,900

-4,000

Other Operating Income (Expense), Net

16,000

-34,000

30,000

-3,000

17,000

1,000

-26,000

30,000

-13,000

-26,900

-21,500

-46,800

-13,800

39,200

-8,700

11,300

-40,800

-23,300

-9,400

-35,200

-37,600

-171,600

-145,900

-5,400

-4,500

Total operating costs and expenses

836,000

968,000

887,000

909,000

832,000

869,000

897,000

841,000

833,000

729,000

729,300

718,300

664,400

619,700

655,200

616,200

587,900

735,000

675,700

740,100

709,200

520,400

278,000

109,700

109,600

Income from operations

389,000

511,000

571,000

491,000

434,000

516,000

478,000

502,000

421,000

505,100

479,300

414,400

336,200

491,900

420,500

424,000

330,600

322,000

344,000

302,100

224,100

-102,600

900

151,500

131,300

Interest Income (Expense), Nonoperating, Net

-119,000

-126,000

-137,000

-137,000

-132,000

-130,000

-135,000

-130,000

-140,000

-136,600

-136,000

-128,000

-111,400

-117,400

-117,300

-117,200

-115,100

-116,000

-116,000

-123,200

-123,100

-127,800

-51,300

-50,600

-50,000

Loss on early extinguishment of debt

-

-

-4,000

-

-

-

0

-

-

-43,400

-58,200

0

-20,400

-

0

0

-

0

-400

-39,900

300

-

-

-

-

Income before income taxes

270,000

366,000

430,000

354,000

302,000

386,000

343,000

372,000

281,000

325,100

285,100

286,400

204,400

374,500

303,200

306,800

215,500

206,000

227,600

139,000

101,300

-385,800

-50,400

100,900

81,300

Income tax expense

46,000

109,000

79,000

97,000

56,000

85,000

93,000

58,000

2,000

-253,000

38,300

42,900

37,800

73,000

64,600

59,200

47,200

21,600

44,700

45,200

50,700

-4,500

-26,900

25,800

20,900

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

224,000

257,000

351,000

257,000

246,000

301,000

250,000

314,000

279,000

578,100

246,800

243,500

166,600

301,500

238,600

247,600

168,300

184,400

182,900

93,800

50,600

-381,300

-23,500

75,100

60,400

Net income attributable to noncontrolling interests

80,000

92,000

150,000

115,000

111,000

138,000

116,000

147,000

131,000

363,700

87,900

86,500

48,900

115,200

84,800

89,200

50,800

65,300

65,800

15,300

-9,800

-

-

-

-

Preferred shares dividends

-

-

-

-

-

-

-

-

-

53,500

67,500

67,500

67,500

67,500

67,500

67,500

67,500

67,500

67,500

67,500

68,700

-

-

-

-

Net Income (Loss) Available to Common Stockholders, Basic

144,000

165,000

201,000

142,000

135,000

163,000

134,000

167,000

148,000

394,900

91,400

89,500

50,200

118,800

86,300

90,900

50,000

51,600

49,600

11,000

-8,300

-510,800

-23,500

75,100

60,400

Earnings Per Share [Abstract]
Earnings Per Share, Basic

0.48

0.55

0.76

0.56

0.53

0.66

0.53

0.67

0.60

1.66

0.39

0.38

0.21

0.50

0.37

0.39

0.22

0.25

0.25

0.05

-0.04

-1.47

-0.07

0.21

0.17

Earnings Per Share, Diluted

0.48

0.54

0.75

0.55

0.53

0.64

0.53

0.66

0.59

1.59

0.37

0.37

0.21

0.50

0.36

0.38

0.21

0.25

0.24

0.05

-0.04

-2.63

-0.07

0.21

0.17

Weighted average shares outstanding
Weighted Average Number of Shares Outstanding, Basic

299,000

298,000

267,000

255,000

252,000

250,000

251,000

249,000

246,000

240,900

236,600

235,800

234,700

234,600

233,900

233,500

230,000

207,000

202,400

202,400

202,200

318,300

352,000

352,300

352,200

Weighted Average Number of Shares Outstanding, Diluted

469,000

470,000

470,000

469,000

467,000

469,000

475,000

474,000

474,000

474,900

478,600

478,000

476,500

470,900

470,600

470,100

468,400

483,900

476,500

476,400

467,200

362,200

352,000

359,400

359,200

Cash dividends declared per common share (in usd per share)

-

-

-

-

-

-

-

-

-

-

0.20

0.19

0.18

-

0.16

0.15

0.14

0.00

0.12

0.10

0.09

0.00

0.08

0.07

0.07

Sales
Sales

503,000

627,000

624,000

589,000

522,000

612,000

609,000

586,000

548,000

605,900

631,600

602,100

550,400

569,500

586,400

558,600

490,500

555,800

545,900

567,800

499,500

111,700

18,900

18,300

18,500

Franchise and property revenues
Total revenues

722,000

852,000

834,000

811,000

744,000

773,000

766,000

757,000

706,000

628,200

577,000

530,600

450,200

542,100

489,300

481,600

428,000

501,200

473,800

474,400

433,800

306,100

260,000

242,900

222,400