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Restaurant Brands International (TSX:QSR) EBIT : C$3,305 Mil (TTM As of Dec. 2024)


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What is Restaurant Brands International EBIT?

Restaurant Brands International's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$910 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$3,305 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Restaurant Brands International's annualized ROC % for the quarter that ended in Dec. 2024 was 7.07%. Restaurant Brands International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 64.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Restaurant Brands International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.09%.


Restaurant Brands International EBIT Historical Data

The historical data trend for Restaurant Brands International's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Restaurant Brands International EBIT Chart

Restaurant Brands International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,674.14 2,360.32 2,549.90 2,747.60 3,419.28

Restaurant Brands International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 634.58 743.13 868.90 782.96 910.38

Competitive Comparison of Restaurant Brands International's EBIT

For the Restaurants subindustry, Restaurant Brands International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Restaurant Brands International's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Restaurant Brands International's EV-to-EBIT falls into.



Restaurant Brands International EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3,305 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Restaurant Brands International  (TSX:QSR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Restaurant Brands International's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=3179.932 * ( 1 - 27.8% )/( (31891.348 + 33097.206)/ 2 )
=2295.910904/32494.277
=7.07 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=33961.177 - 2006.163 - ( 1593.01 - max(0, 2990.957 - 3054.623+1593.01))
=31891.348

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=35093.21 - 2112.83 - ( 1900.55 - max(0, 3367.991 - 3251.165+1900.55))
=33097.206

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Restaurant Brands International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3641.532/( ( (5552.505 + max(-1093.163, 0)) + (5824.174 + max(-1426.125, 0)) )/ 2 )
=3641.532/( ( 5552.505 + 5824.174 )/ 2 )
=3641.532/5688.3395
=64.02 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(938.738 + 228.927 + 293.948) - (2006.163 + 346.778 + 201.835)
=-1093.163

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(994.441 + 202.307 + 153.867) - (2112.83 + 437.383 + 226.527)
=-1426.125

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Restaurant Brands International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=3305.365/54262.564
=6.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Restaurant Brands International EBIT Related Terms

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Restaurant Brands International Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1
Restaurant Brands International is one of the largest restaurant companies in the world, with approximately $44 billion in 2024 systemwide sales across a footprint that spanned more than 32,000 restaurants and more than 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Hortons supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Hortons International, the RBI portfolio is split among Burger King (7,082 units), Tim Hortons (4,539 units), Popeyes Louisiana Kitchen (3,520 units), Firehouse Subs (1,345 units), and international franchise units of those banners (15,639) as of year-end 2024.
Executives
Jonathan Domanko Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Thiago Temer Santelmo Senior Officer
Jeffrey Wayne Klein Senior Officer
Vicente Tome Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Sami Siddiqui Senior Officer
Axel Schwan Senior Officer
Naira Saeed Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Joshua Kobza Senior Officer
Jeffrey Housman Senior Officer
Thomas Benjamin Iv Curtis Senior Officer
Jacqueline Friesner Senior Officer
Duncan Stanley Allpress Fulton Senior Officer
Jill Granat Senior Officer
Michele Keusch Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Joseph Patrick Doyle Director, Senior Officer