Skip to content
AnalystLens
Back to QSRCash Flow

Restaurant Brands International Free Cash Flow 2012-2026 | QSR

Annual FY2012–FY2025 · quarterly through Q3 FY2026

Latest annual · FY2025

$1.45B

+11.3%YoY vs FY2024Source: 10-KFY2025

From $154.2M in FY2012 to $1.45B in FY2025: 9.4× in 13 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$169M+213.0%$479M+16.5%$479M−9.8%Not reported
FY25$54M−55.7%$411M+41.2%$531M+9.5%$453M+12.1%
FY24$122M+58.4%$291M−19.6%$485M+18.9%$404M+13.5%
FY23$77M−65.6%$362M−13.2%$408M+9.1%$356M−5.1%
FY22$224M−10.8%$417M−6.9%$374M−23.0%$375M−13.8%
Share11%24%35%31%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+12.5%

FY2020
$804.0M
FY2025
$1.45B

5 years selected · on the chart

Free Cash Flow History

Year-over-year comparison from 10-K annual reports

  1. $1.45B
YoY changeLargest recent move+101.5%in FY21Latest +11.3%

1 older move runs past ±150% (largest +377.0%); point at, tap or drag across the bars to read one.

Free Cash Flow, period by period

PeriodValueChangeSource
FY2025$1.45B+11.3%10-K
FY2024$1.30B+8.2%10-K
FY2023$1.20B−13.5%10-K
FY2022$1.39B−14.2%10-K
FY2021$1.62B+101.5%10-K
FY2020$804.0M−43.1%10-K
FY2019$1.41B+31.0%10-K
FY2018$1.08B−20.3%10-K
FY2017$1.35B+9.6%10-K
FY2016$1.24B+13.4%10-K
FY2015$1.09B+377.0%10-K
FY2014$228.4M−23.8%10-K
FY2013$299.7M+94.4%10-K
FY2012$154.2M—10-K

What is Restaurant Brands International's current free cash flow?

Restaurant Brands International (QSR) annual free cash flow for 2025 was $1.45B, a 11.29% increase from 2024. Restaurant Brands International free cash flow for the quarter ending September 30, 2026 was $479.0M.

What was Restaurant Brands International's free cash flow in 2024?

Restaurant Brands International annual free cash flow for 2024 was $1.30B, a 8.23% increase from 2023.

What was Restaurant Brands International's free cash flow in 2023?

Restaurant Brands International annual free cash flow for 2023 was $1.20B, a 13.45% decline from 2022.

What is Restaurant Brands International's 5-year free cash flow CAGR?

Restaurant Brands International free cash flow grew at a compound annual growth rate (CAGR) of 12.50% from FY2020 to FY2025, going from $804.0M to $1.45B over 5 years.

Company
Restaurant Brands International
Ticker
QSR
Sector
Consumer
Industry
Retail-Eating Places