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Restaurant Brands International (LTS:0VFA) Gross Profit : C$3,834 Mil (TTM As of Mar. 2024)


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What is Restaurant Brands International Gross Profit?

Restaurant Brands International's gross profit for the three months ended in Mar. 2024 was C$942 Mil. Restaurant Brands International's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$3,834 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Restaurant Brands International's gross profit for the three months ended in Mar. 2024 was C$942 Mil. Restaurant Brands International's Revenue for the three months ended in Mar. 2024 was C$2,354 Mil. Therefore, Restaurant Brands International's Gross Margin % for the quarter that ended in Mar. 2024 was 40.02%.

Restaurant Brands International had a gross margin of 40.02% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of Restaurant Brands International was 72.02%. The lowest was 39.71%. And the median was 42.81%.

Warning Sign:

Restaurant Brands International Inc gross margin has been in long-term decline. The average rate of decline per year is -5.7%.


Restaurant Brands International Gross Profit Historical Data

The historical data trend for Restaurant Brands International's Gross Profit 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 Gross Profit Chart

Restaurant Brands International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,150.03 2,527.22 3,038.72 3,529.38 3,759.16

Restaurant Brands International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 883.92 957.92 1,031.06 902.90 942.11

Competitive Comparison of Restaurant Brands International's Gross Profit

For the Restaurants subindustry, Restaurant Brands International's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Restaurant Brands International's Gross Profit falls into.



Restaurant Brands International Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Restaurant Brands International's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=9420.715 - 5661.552
=3,759

Restaurant Brands International's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2353.91 - 1411.804
=942

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3,834 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Restaurant Brands International's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=942 / 2353.91
=40.02 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Restaurant Brands International  (LTS:0VFA) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Restaurant Brands International had a gross margin of 40.02% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Restaurant Brands International Gross Profit Related Terms

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Restaurant Brands International (LTS:0VFA) 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 $39 billion in 2022 systemwide sales across a footprint that spanned nearly 30,000 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 Restaurant Brands portfolio now includes Burger King (19,000 units), Tim Hortons (5,600 units), Popeyes Louisiana Kitchen (4,100 units) and Firehouse Subs (1,250 units) as of year-end 2022.

Restaurant Brands International (LTS:0VFA) Headlines

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