Restaurant Brands International
Quick-service restaurants (franchisor) · Canada
Restaurant Brands International is a Miami-based franchisor of Burger King, Tim Hortons, Popeyes and Firehouse Subs, with 33,041 restaurants in over 120 countries that earn it royalties, rent and supply sales.
What makes it different
Burger King rings up most of the sales.
$29.4BBurger King system-wide salesFY2025
One brand generates most of the system-wide sales across all four chains.
How big it is
How big is Restaurant Brands International?
$46.8BSystem-wide salesFY2025
33,041RestaurantsFY2025
~53,500EmployeesFY2025
How it makes money FY2025
Franchise fees, supplies and company stores.
- Franchise and property revenues31%$3.0B
- Supply chain sales31%$2.9B
- Company restaurant sales25%$2.3B
- Advertising revenues and other services13%$1.2B
How the business works
Franchise four brands. Collect fees.
- 1Four global food brands
- 2Operators fund the restaurants
- 3Royalties, rent, supplies
Beyond royalties, RBI rents buildings and sells supplies to franchisees, and since 2024 it has also run restaurants bought from franchisees until it refranchises them.
Who owns it
- 3G Funds21.7%
- Capital World Investors9.7%
- Pershing Square Funds5.9%
CEO: Joshua Kobza
Who it competes with
Key moments
- 1954Burger King founded
- 1964Tim Hortons founded
- 2014Burger King and Tim Hortons combine under RBI
- 2014RBI shares start trading on NYSE and TSX
- 2017Acquires Popeyes
Sources
Every number on this page comes from Restaurant Brands International's own reports.
Full profile
The rest of the story is in the app.
What Restaurant Brands International tracks20 metrics
Restaurants
Burger King restaurants
Tim Hortons restaurants
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from3 regions
United States
Canada
Other countries
The full timeline17 moments
2022
2024
2025
Restaurant Brands International vs McDonald'sside by side
Revenue
Profit
People
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