GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands International Inc (TSX:QSR) » Definitions » ROCE %

Restaurant Brands International (TSX:QSR) ROCE % : 11.62% (As of Dec. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Restaurant Brands International ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Restaurant Brands International's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.62%.


Restaurant Brands International ROCE % Historical Data

The historical data trend for Restaurant Brands International's ROCE % 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 ROCE % Chart

Restaurant Brands International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.16 8.67 9.21 9.72 11.35

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
ROCE % 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 8.92 10.39 11.74 10.19 11.62

Restaurant Brands International ROCE % Calculation

Restaurant Brands International's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=3419.28/( ( (31381.366 - 2876.39) + (35093.21 - 3367.991) )/ 2 )
=3419.28/( (28504.976+31725.219)/ 2 )
=3419.28/30115.0975
=11.35 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=3641.532/( ( (33961.177 - 2990.957) + (35093.21 - 3367.991) )/ 2 )
=3641.532/( ( 30970.22 + 31725.219 )/ 2 )
=3641.532/31347.7195
=11.62 %

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

* 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) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Restaurant Brands International ROCE % Related Terms

Thank you for viewing the detailed overview of Restaurant Brands International's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


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
Sami Siddiqui Senior Officer
Jonathan Domanko Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Naira Saeed Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Duncan Stanley Allpress Fulton Senior Officer
Thiago Temer Santelmo Senior Officer
Thomas Benjamin Iv Curtis Senior Officer
Jeffrey Wayne Klein Senior Officer
Vicente Tome Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Axel Schwan Senior Officer
Michele Keusch Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Joshua Kobza Senior Officer
Jeffrey Housman Senior Officer
Jill Granat Senior Officer
Jacqueline Friesner Senior Officer
Joseph Patrick Doyle Director, Senior Officer