Restaurant Brands International
At a glance
Restaurant Brands International reported 2025 revenue of $9.43B, up 12.2% from $8.41B in 2024. Over 4 years since 2021 ($5.74B), that is growth of about 13.2% a year. Operating margin was 23.3%, down from 32.7% in 2021. 2025 was the highest revenue year in this period.
In the last 12 months 12 insiders reported 0 open-market purchases and 39 sales ($55.7M). None of the sales were flagged as 10b5-1 plan trades. The largest was a sale of $15M by Chief Executive Officer Joshua Kobza on Mar 18, 2026.
Restaurant Brands International filed 8 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), regulation fd disclosure (1), shareholder vote results (1) and material agreement (1). It reported a material agreement or a completed acquisition or disposal 1 time.
3 of the 20 investors tracked here held Restaurant Brands International at the last quarter end, worth $1.68B combined. It is the largest weight for Pershing Square (12.2% of its portfolio), followed by Baupost Group (9%). Reduced: Baupost Group and Bridgewater Associates.
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | $1.25B | $1.48B | $1.72B | $1.45B | $1.07B |
| Diluted EPS | $2.69 | $3.25 | $3.76 | $3.18 | $2.35 |
| Dividend per share | $2.12 | $2.16 | $2.20 | $2.32 | $2.48 |
Fiscal year ends Dec 31 · incorporated in A6
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined