QSR

Restaurant Brands International Inc

74.15

Oct 21 • 3:59 PM ET -0.96 (-1.28%)

74.29

Aftermarket • 7:37 PM ET +0.14 (0.19%)

Consumer Cyclical Restaurants USA Large NYSE

Peers: YUM MCD WEN JMKE DPZ SBUX JACK WING YUMC PZZA

| Held by: IWR IWP IWF DUSA IWD VONG DIHP IWB IWS PID

Scroll to Statements

Index	-
Market Cap	33.70B
Enterprise Value	49.84B
Income	1.27B
Sales	9.70B
Book/sh	8.52
Cash/sh	2.34
Dividend Est.	2.58 (3.48%)
Dividend TTM	2.57 (3.47%)
Dividend Ex-Date	Sep 18, 2026
Dividend Gr. 3/5Y	4.71% 3.58%
Payout	105.53%
Employees	53500
IPO	Dec 10, 2014

P/E	21.92
Forward P/E	16.76
PEG	1.73
P/S	3.47
P/B	8.71
P/C	31.70
P/FCF	22.12
EV/EBITDA	16.92
EV/Sales	5.14
Quick Ratio	0.92
Current Ratio	1.01
Debt/Eq	4.07
LT Debt/Eq	3.99
Option/Short	Yes / Yes

EPS (ttm)	3.38
EPS next Y	4.42
EPS next Q	1.08
EPS this Y	9.79%
EPS next Y	9.21%
EPS next 5Y	9.69%
EPS past 3/5Y	-10.55% 7.87%
Sales past 3/5Y	13.19% 13.68%
EPS Y/Y TTM	40.57%
Sales Y/Y TTM	6.51%
EPS Q/Q	151.21%
Sales Q/Q	4.56%
Earnings	Oct 29 BMO
EPS/Sales Surpr.	3.38% -0.05%

Insider Own	24.36%
Insider Trans	-0.11%
Inst Own	72.04%
Inst Trans	2.19%
ROA	5.51%
ROE	38.96%
ROIC	6.63%
Gross Margin	48.64%
Oper. Margin	27.20%
Profit Margin	13.13%
SMA20	3.37%
SMA50	-1.12%
SMA200	0.43%
Trades

Shs Outstand	346.32M
Shs Float	343.78M
Short Float	5.34%
Short Ratio	6.62
Short Interest	18.35M
52W High	81.96 -9.53%
52W Low	64.52 14.93%
Volatility	1.61% 1.82%
ATR (14)	1.49
RSI (14)	55.46
Beta	0.59
Rel Volume	0.76
Avg Volume	2.77M
Volume	2,113,496

Perf Week	2.40%
Perf Month	3.11%
Perf Quarter	2.45%
Perf Half Y	-6.14%
Perf YTD	8.68%
Perf Year	9.87%
Perf 3Y	13.24%
Perf 5Y	20.59%
Perf 10Y	57.77%
Recom	1.90
Target Price	86.07
Prev Close	75.11
Price	74.15
Change %	-1.28%

Date	Action	Analyst	Rating Change	Price Target Change
Oct-20-26	Initiated	Mizuho	Outperform	$85
Sep-25-26	Downgrade	Argus	Buy → Hold
Sep-16-26	Initiated	Seaport Research Partners	Buy	$88
Mar-02-26	Upgrade	Stifel	Hold → Buy	$90
Mar-02-26	Upgrade	Piper Sandler	Neutral → Overweight	$84
Dec-02-25	Upgrade	Argus	Hold → Buy	$85
Sep-12-25	Downgrade	Northcoast	Buy → Neutral
Aug-15-25	Downgrade	Argus	Buy → Hold
Jul-14-25	Initiated	Melius	Buy	$90
Jun-18-25	Resumed	Scotiabank	Sector Perform	$75
Mar-19-25	Upgrade	Argus	Hold → Buy
Feb-14-25	Downgrade	TD Cowen	Buy → Hold	$70
Feb-13-25	Downgrade	Argus	Buy → Hold
Jan-24-25	Upgrade	Guggenheim	Neutral → Buy	$74 → $71
Oct-22-24	Reiterated	Oppenheimer	Outperform	$89 → $86
Jun-13-24	Initiated	Goldman	Buy	$80
Nov-30-23	Upgrade	Bernstein	Mkt Perform → Outperform	$85
Oct-19-23	Initiated	Deutsche Bank	Buy	$75
Sep-29-23	Upgrade	Loop Capital	Hold → Buy	$77 → $81
Aug-22-23	Upgrade	Northcoast	Neutral → Buy

Show Previous Ratings

Today 01:52PM	Restaurant Brands Needs Tim Hortons Canada To Rebound As Burger King Carries The Load (Earnings Whispers)
Oct-16-26 08:44PM	What Are Starbucks Stock Bulls Not Worried About? (Trefis)
12:27PM	Domino's Pizza Stock Is Waiting On One Answer (Trefis)
Oct-14-26 02:04PM	How Risky Is Chipotle Stock? (Trefis)
01:32PM	Restaurant Brands International gets lift from Burger King turnaround (Proactive)
10:25AM	Loading…
Oct-13-26 10:25AM	Can Chipotle Stock Bounce Off The Current Support? (Trefis)
Oct-09-26 01:39PM	Where Could McDonald's Next Growth Come From? (Trefis)
Oct-08-26 07:12PM	3 reasons why Starbucks buying Chipotle would make zero sense (Yahoo Finance)
04:44PM	Are You Overpaying For Starbucks Stock Versus Its Rivals? (Trefis)
02:52PM	How Much Higher Can Chipotle Stock Go From Here? (Trefis)
01:31PM	3 reasons why Starbucks buying Chipotle would make little sense (Yahoo Finance)
Oct-05-26 02:01PM	McDonald's stock sell-off refuses to stop (Yahoo Finance)
Oct-02-26 07:33AM	Burger King refranchising hundreds of U.S. locations in turnaround push (Quartz)
Sep-29-26 01:53PM	Is Chipotle Worth Its Premium Price Tag Relative to Rivals? (Trefis)
Sep-28-26 05:03PM	How Low Can Dutch Bros Stock Go? (Trefis)
03:48PM	Loading…
Sep-25-26 03:48PM	How Much Should One Number Worry Starbucks Shareholders? (Trefis)
09:43AM	Twilio downgraded, Synopsys upgraded: Wall Street's top analyst calls (The Fly)
Sep-24-26 05:49PM	Your McDonald's Stock Thesis Has One Loose End (Trefis)
05:20PM	One Reason McDonald's Stock Looks Better Than Its Price (Trefis)
Sep-22-26 12:45PM	McDonald's has 1 shot to turn around its dreadful year (Yahoo Finance)
08:07AM	Can Burger King Sustain Momentum? It Starts with Whats Still Left to Do (QSR)
Sep-19-26 08:00AM	Starbucks's Snoopy cups and McDonald's SpongeBob toys are commanding huge markups on eBay (MarketWatch)
Sep-18-26 08:14AM	Restaurant Stocks Are Tumbling. Here's Where Wall Street Sees Opportunity (GuruFocus.com)
07:00AM	Restaurant Brands International Inc's Dividend Analysis (GuruFocus.com)
Sep-17-26 05:26PM	Why Has McDonald's Gone Quiet On Its Low-Income Customer? (Trefis)
Sep-16-26 08:01PM	Chipotle Stock Looks Expensive Until You Price The New Restaurants (Trefis)
09:42AM	Starbucks initiated, Expedia downgraded: Wall Street's top analyst calls (The Fly)
Sep-15-26 07:00AM	Restaurant Brands International to Report Third Quarter 2026 Results on October 29, 2026 (PR Newswire)
Sep-11-26 04:30PM	Restaurant Brands International Inc. Announces Renewal of Normal Course Issuer Bid (PR Newswire)
Sep-03-26 03:24PM	Dutch Bros Stock Is Down Sharply, But History Has A Warning For Dip Buyers (Trefis)
04:15PM	Loading…
Sep-02-26 04:15PM	Restaurant Brands International Inc. to Participate in Barclays 19th Annual Global Consumer Conference (PR Newswire)
Aug-28-26 06:26PM	The $37 Billion Consolation Prize For MCD Shareholders (Trefis)
10:18AM	McDonald's Makes Major Menu Move as Shares Struggle (GuruFocus.com)
Aug-27-26 12:00AM	Firehouse Subs Selects Camp + King As Creative AOR (MediaPost)
Aug-25-26 03:33PM	Yum Brands Stock Zigs When The Market Zags (Trefis)
Aug-19-26 07:51PM	What Could Power The Next Rally In McDonald's Stock (Trefis)
Aug-16-26 08:00PM	How Burger King Revamped Its Whopper and Overtook Wendy's (The Wall Street Journal)
04:00PM	Skyrocketing Beef Prices Finally Have Americans Reaching Their Spending Limit (Bloomberg)
08:30AM	20 reasons why Wendy's may be doomed (Yahoo Finance)
Aug-14-26 09:36AM	Why Taco Bell's former CEO just dissed McDonald's (Yahoo Finance)
Aug-12-26 03:39PM	Wendy's stock surges on potential takeover bid: AlphaSpace breakdown (Yahoo Finance Video)
Aug-11-26 12:51PM	Burger King is back because of the Whopper but its next big opportunity isn't food-related (Yahoo Finance)
Aug-10-26 04:36PM	Restaurant Brands International Inc. Announces Receipt of Exchange Notice for Approximately 2.8 million Class B Exchangeable Limited Partnership Units and Intent to Satisfy with Cash on Hand (PR Newswire)
01:11PM	Wendy's has a massive problem: It's closing restaurants left and right (Yahoo Finance)
12:58AM	Wendy's CEO Bluntly Admits 'We Have Not Consistently Delivered' As Burger King Overtakes It: Retail Says Bullish (Stocktwits)
Aug-08-26 07:30AM	Here's why Wendy's is losing the burger wars (MarketWatch)
Aug-07-26 09:39AM	Burger King vs. McDonald's: Why the king is reigning supreme in the US (Yahoo Finance)
08:30AM	Restaurant Brands International Inc. Q2 2026 Earnings Call Summary (Moby)
Aug-06-26 07:15PM	Restaurant Brands International Inc (QSR) (Q2 2026) Earnings Call Highlights: Strong Burger ... (GuruFocus.com)
04:07PM	Restaurant Brands Stock Slips Despite Burger King's 8.5% U.S. Surge (GuruFocus.com)
12:33PM	Krispy Kreme Posts 43% EBITDA Growth as Turnaround Gains Momentum (Exec Edge)
12:31PM	Restaurant Brands Falls on Burger Kings Best Quarter in Years (Moby)
12:02PM	Restaurant Brands International earnings beat driven by strong Burger King sales growth (Proactive)
08:38AM	Restaurant Brands tops second-quarter earnings forecasts as Burger King drives growth (InvestorsHub)
07:15AM	Restaurant Brands beats Q2 profit expectations on Burger King strength (Investing.com)
07:10AM	Restaurant Brands Q2 2026 earnings beat on Burger King U.S. sales (Quartz)
06:39AM	Restaurant Brands: Q2 Earnings Snapshot (Associated Press)
06:30AM	Restaurant Brands International Inc. Reports Second Quarter 2026 Results (PR Newswire)
Aug-05-26 12:23PM	Chipotle Stock Carries A Premium Built On New Restaurants (Trefis)
Aug-04-26 06:30PM	Bankrupt Fried Chicken Chain Franchisee Is Closing 39 Restaurants After Selling Off The Rest (Money Digest)
Aug-03-26 04:06PM	Buffett-Inspired ETF Owns Berkshire, Apple, Amex and Generates 15% Yield (Barrons.com)
Jul-28-26 11:00AM	Churchs Chicken Readies for Next Growth Phase with Significant Investment (QSR)
Jul-03-26 08:28AM	The Real Risk Squeezing McDonald's Stock (Trefis)
Jun-25-26 11:31PM	A Tale Of Two Wendys: Beneath The Wild Meme-Stock Surge (Trefis)
Jun-23-26 07:00AM	Restaurant Brands International to Report Second Quarter 2026 Results on August 6, 2026 (PR Newswire)
Jun-03-26 04:30PM	Restaurant Brands International Inc. Announces Election of Directors (PR Newswire)
Jun-02-26 10:53AM	Europe's $124.8 Billion Loan Market Faces Repricing Rush (GuruFocus.com)
Jun-01-26 01:52PM	Inside The Starbucks Turnaround: Defying The Retail Meltdown (Trefis)
May-22-26 08:00AM	Restaurant Brands International Inc. to Participate in the Bernstein 42nd Annual Strategic Decisions Conference (PR Newswire)
May-15-26 11:02AM	Microsoft, Meta, Amazon and Google. Is Ackman's Hedge Fund Just a Mag 7 Play? (Barrons.com)
09:26AM	Beef prices have hit record highs: Stat of the day (Yahoo Finance)
May-13-26 12:30PM	Can Project Fresh Save The Wendy's Company? (Trefis)
05:28AM	Dunkin is coming back to Canada after 8 years away (Restaurant Dive)
May-07-26 01:25PM	Shake Shack stumbles as fastfood demand softens; shares plunge (Reuters Videos)
11:21AM	Krispy Kreme 1Q Adjusted EBITDA Jumps 38% Amid Turnaround (Exec Edge)
11:19AM	Burger King president says fast food is 'a zero-sum game' and BK is winning (Yahoo Finance)
05:21AM	Restaurant Brands Internationals Q1 2026 net income rises to $338m (Verdict Food Service)
May-06-26 02:03PM	Popeyes Is Making Sure None of Its Chicken Tenders Are Too Small (Bloomberg) -5.47%
12:53PM	Restaurant Brands International Inc. Q1 2026 Earnings Call Summary (Moby)
12:18PM	Burger King Spiffs Up the Whopper, and Sales Rise (The Wall Street Journal)
12:15PM	Restaurant Brands International Q1 earnings beat driven by Burger King strength (Proactive)
08:13AM	Restaurant Brands (QSR) beats first-quarter estimates as sales growth remains solid, shares fall (InvestorsHub)
07:15AM	Restaurant Brands Q1 2026 earnings beat on Burger King turnaround (Quartz)
07:11AM	Burger King parent Restaurant Brands tops Q1 earnings estimates, but shares dip (Investing.com)
06:44AM	Restaurant Brands: Q1 Earnings Snapshot (Associated Press)
06:30AM	Restaurant Brands International Inc. Reports First Quarter 2026 Results (PR Newswire)
Apr-28-26 09:59AM	The Delivery Deficit Hiding Inside Dominos Q1 Earnings (Trefis)
09:56AM	Chipotle appoints Fernando Machado as chief brand officer (Verdict Food Service)
Apr-27-26 01:02PM	Chipotle appoints Fernando Machado as chief brand officer (Marketing Dive)
Apr-14-26 07:51PM	Chef José Andrés: Restaurants closures are coming if inflation doesn't get under control (Yahoo Finance)
04:52AM	Chicken Salad Chick hires Popeyes exec to lead franchised growth (Restaurant Dive)
Apr-13-26 05:03AM	Popeyes bites into anime fandom with One Piece collaboration (Marketing Dive)
03:15AM	Starbucks upgraded at Jefferies on improved turnaround visibility (Investing.com)
Apr-08-26 07:00AM	Restaurant Brands International to Report First Quarter 2026 Results on May 6, 2026 (PR Newswire)
Apr-06-26 11:54AM	McDonald's is getting eaten alive by revamped Burger King Whopper (Yahoo Finance)
Mar-29-26 03:54AM	Iran war is having negative effects on both restaurant demand and supply, analyst (Investing.com)
Mar-25-26 05:34AM	Popeyes hires US COO from Burger King (Restaurant Dive)
Mar-16-26 06:14AM	Tim Hortons UK&I extends master franchise deal to 2045 (Verdict Food Service)
05:10AM	Burger Kings CMO on firing its mascot as brand evolves in new campaign (Marketing Dive)
Mar-13-26 02:30PM	McDonald's Expands Value Menu With $3 Items (GuruFocus.com)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Schwan Axel	Pres., Tim Hortons US & Canada	Sep 04 '26	Option Exercise	61.14	70,000	4,280,100	267,482	Sep 09 05:02 PM
Schwan Axel	Pres., Tim Hortons US & Canada	Sep 04 '26	Sale	81.14	57,574	4,671,716	209,908	Sep 09 05:02 PM
AXEL SCHWAN	Officer	Sep 04 '26	Proposed Sale	81.14	57,574	4,671,716		Sep 04 04:03 PM
CURTIS THOMAS BENJAMIN	Pres., BK US & CA	Aug 21 '26	Sale	80.72	64,000	5,166,048	38,216	Aug 25 04:40 PM
THOMAS CURTIS	Officer	Aug 21 '26	Proposed Sale	80.72	64,003	5,166,290		Aug 21 07:09 PM
Housman Jeffrey	See Remarks	Mar 20 '26	Option Exercise	55.55	20,000	1,111,000	182,077	Mar 20 05:03 PM
Housman Jeffrey	See Remarks	Mar 20 '26	Sale	73.48	20,000	1,469,616	162,077	Mar 20 05:03 PM
JEFFREY HOUSMAN	Officer	Mar 20 '26	Proposed Sale	73.48	20,000	1,469,616		Mar 20 04:48 PM
Friesner Jacqueline	See Remarks	Mar 16 '26	Sale	74.61	30,000	2,238,315	165,727	Mar 18 05:11 PM
Kobza Joshua	Chief Executive Officer	Mar 18 '26	Option Exercise	56.92	200,000	11,384,000	1,160,769	Mar 18 05:11 PM
Kobza Joshua	Chief Executive Officer	Mar 18 '26	Sale	75.05	200,000	15,009,900	960,769	Mar 18 05:11 PM
Granat Jill	See Remarks	Mar 16 '26	Option Exercise	56.92	25,000	1,423,000	503,845	Mar 18 05:11 PM
Granat Jill	See Remarks	Mar 18 '26	Option Exercise	56.92	25,000	1,423,000	503,845	Mar 18 05:11 PM
Granat Jill	See Remarks	Mar 18 '26	Sale	75.09	25,000	1,877,128	478,845	Mar 18 05:11 PM
Granat Jill	See Remarks	Mar 16 '26	Sale	74.76	25,000	1,868,912	478,845	Mar 18 05:11 PM
SANTELMO THIAGO T	President, International	Mar 17 '26	Option Exercise	55.55	10,000	555,500	88,560	Mar 18 05:11 PM
SANTELMO THIAGO T	President, International	Mar 17 '26	Sale	75.41	10,000	754,147	78,560	Mar 18 05:11 PM
JOSHUA KOBZA	Officer	Mar 18 '26	Proposed Sale	75.05	200,000	15,009,900		Mar 18 04:26 PM
JILL GRANAT	Officer	Mar 18 '26	Proposed Sale	75.09	25,000	1,877,128		Mar 18 04:23 PM
Siddiqui Sami A.	Chief Financial Officer	Mar 16 '26	Option Exercise	55.55	40,000	2,222,000	75,766	Mar 17 06:56 PM
Siddiqui Sami A.	Chief Financial Officer	Mar 17 '26	Option Exercise	55.55	40,000	2,222,000	75,766	Mar 17 06:56 PM
Siddiqui Sami A.	Chief Financial Officer	Mar 17 '26	Sale	75.28	40,000	3,011,300	12,139	Mar 17 06:56 PM
Siddiqui Sami A.	Chief Financial Officer	Mar 16 '26	Sale	74.51	40,000	2,980,380	35,766	Mar 17 06:56 PM
SAMI SIDDIQUI	Officer	Mar 17 '26	Proposed Sale	75.28	40,000	3,011,300		Mar 17 04:22 PM
THIAGO TEMER SANTELMO	Officer	Mar 17 '26	Proposed Sale	75.41	10,000	754,147		Mar 17 04:09 PM
JACQUELINE FRIESNER	Officer	Mar 16 '26	Proposed Sale	74.61	30,002	2,238,464		Mar 16 07:20 PM
JILL GRANAT	Officer	Mar 16 '26	Proposed Sale	74.76	25,000	1,868,912		Mar 16 04:22 PM
SAMI SIDDIQUI	Officer	Mar 16 '26	Proposed Sale	74.51	40,000	2,980,380		Mar 16 04:07 PM
Friesner Jacqueline	See Remarks	Feb 22 '26	Option Exercise	0.00	11,749	0	198,817	Feb 24 06:29 PM
Friesner Jacqueline	See Remarks	Feb 23 '26	Sale	67.51	4,617	311,677	194,201	Feb 24 06:29 PM
Siddiqui Sami A.	Chief Financial Officer	Feb 22 '26	Option Exercise	0.00	32,635	0	44,751	Feb 24 06:29 PM
Siddiqui Sami A.	Chief Financial Officer	Feb 23 '26	Sale	67.51	12,828	866,019	31,923	Feb 24 06:29 PM
PERDUE PETER	President, Popeyes-US & Canada	Feb 22 '26	Option Exercise	0.00	9,790	0	46,788	Feb 24 06:29 PM
PERDUE PETER	President, Popeyes-US & Canada	Feb 23 '26	Sale	67.51	3,882	262,083	42,906	Feb 24 06:29 PM
Granat Jill	See Remarks	Feb 22 '26	Option Exercise	0.00	29,371	0	487,651	Feb 24 06:28 PM
Granat Jill	See Remarks	Feb 23 '26	Sale	67.51	11,525	778,051	476,126	Feb 24 06:28 PM
CURTIS THOMAS BENJAMIN	Pres., BK US & CA	Feb 22 '26	Option Exercise	0.00	39,162	0	115,571	Feb 24 06:28 PM
CURTIS THOMAS BENJAMIN	Pres., BK US & CA	Feb 23 '26	Sale	67.51	15,410	1,040,343	100,161	Feb 24 06:28 PM
Fulton Duncan	Chief Corporate Officer	Feb 22 '26	Option Exercise	0.00	19,256	0	59,985	Feb 24 06:28 PM
Fulton Duncan	Chief Corporate Officer	Feb 23 '26	Sale	67.51	10,308	695,889	49,677	Feb 24 06:28 PM
Housman Jeffrey	See Remarks	Feb 22 '26	Option Exercise	0.00	19,581	0	167,667	Feb 24 06:28 PM
Housman Jeffrey	See Remarks	Feb 23 '26	Sale	67.51	7,705	520,172	159,962	Feb 24 06:28 PM
SANTELMO THIAGO T	President, International	Feb 22 '26	Option Exercise	0.00	15,665	0	79,753	Feb 24 06:28 PM
SANTELMO THIAGO T	President, International	Feb 23 '26	Sale	67.51	5,686	383,883	74,067	Feb 24 06:28 PM
Schwan Axel	Pres., Tim Hortons Americas	Feb 22 '26	Option Exercise	0.00	65,270	0	229,923	Feb 24 06:28 PM
Schwan Axel	Pres., Tim Hortons Americas	Feb 23 '26	Sale	67.51	34,939	2,358,728	194,984	Feb 24 06:28 PM
Granat Jill	See Remarks	Jan 07 '26	Sale	67.44	1,925	129,828	458,280	Jan 08 04:32 PM
Friesner Jacqueline	See Remarks	Jan 07 '26	Sale	67.44	816	55,015	187,069	Jan 08 04:32 PM
Kobza Joshua	Chief Executive Officer	Jan 07 '26	Sale	67.44	3,443	232,220	952,620	Jan 08 04:32 PM
CURTIS THOMAS BENJAMIN	Pres., BK US & CA	Jan 07 '26	Sale	67.44	1,172	79,012	76,410	Jan 08 04:32 PM
SANTELMO THIAGO T	President, International	Jan 07 '26	Sale	67.44	699	47,152	64,088	Jan 08 04:32 PM
PERDUE PETER	President, Popeyes-US & Canada	Jan 07 '26	Sale	67.44	396	26,683	36,997	Jan 08 04:32 PM
Schwan Axel	Pres., Tim Hortons Americas	Jan 07 '26	Sale	67.44	2,187	147,475	164,653	Jan 08 04:32 PM
Fulton Duncan	Chief Corporate Officer	Jan 07 '26	Sale	67.48	1,775	119,799	40,728	Jan 08 04:31 PM
Siddiqui Sami A.	Chief Financial Officer	Jan 07 '26	Sale	67.44	977	65,868	12,116	Jan 08 04:31 PM
Housman Jeffrey	See Remarks	Jan 07 '26	Sale	67.44	1,483	100,043	148,086	Jan 08 04:31 PM
Friesner Jacqueline	See Remarks	Dec 15 '25	Option Exercise	0.00	4,797	0	186,254	Dec 17 05:56 PM
Friesner Jacqueline	See Remarks	Dec 15 '25	Sale	70.87	1,886	133,638	184,057	Dec 17 05:56 PM
SANTELMO THIAGO T	President, International	Dec 15 '25	Option Exercise	0.00	5,500	0	63,575	Dec 17 05:56 PM
SANTELMO THIAGO T	President, International	Dec 15 '25	Sale	70.87	1,996	141,496	60,786	Dec 17 05:56 PM
Schwan Axel	Pres., Tim Hortons Americas	Dec 15 '25	Option Exercise	0.00	10,947	0	164,509	Dec 17 05:56 PM
Schwan Axel	Pres., Tim Hortons Americas	Dec 15 '25	Sale	70.87	5,860	415,326	159,757	Dec 17 05:56 PM
Granat Jill	See Remarks	Dec 15 '25	Option Exercise	0.00	10,327	0	465,942	Dec 17 05:56 PM
Granat Jill	See Remarks	Dec 15 '25	Sale	70.87	5,315	376,724	460,626	Dec 17 05:56 PM
Siddiqui Sami A.	Chief Financial Officer	Dec 15 '25	Option Exercise	0.00	8,717	0	21,522	Dec 17 05:56 PM
Siddiqui Sami A.	Chief Financial Officer	Dec 15 '25	Sale	70.87	10,913	773,424	10,609	Dec 17 05:56 PM
Kobza Joshua	Chief Executive Officer	Dec 15 '25	Option Exercise	0.00	20,252	0	986,754	Dec 17 05:55 PM
Kobza Joshua	Chief Executive Officer	Dec 15 '25	Sale	70.91	25,472	1,806,207	961,282	Dec 17 05:55 PM
PERDUE PETER	President, Popeyes-US & Canada	Dec 15 '25	Option Exercise	0.00	2,306	0	36,798	Dec 17 05:55 PM
PERDUE PETER	President, Popeyes-US & Canada	Dec 15 '25	Sale	70.87	907	64,317	35,408	Dec 17 05:55 PM
Housman Jeffrey	See Remarks	Dec 15 '25	Option Exercise	0.00	7,067	0	151,996	Dec 17 05:55 PM
Housman Jeffrey	See Remarks	Dec 15 '25	Sale	70.87	5,835	413,519	146,162	Dec 17 05:55 PM
Fulton Duncan	Chief Corporate Officer	Dec 15 '25	Option Exercise	0.00	6,596	0	40,142	Dec 17 05:55 PM
Fulton Duncan	Chief Corporate Officer	Dec 15 '25	Sale	70.89	3,531	250,298	37,346	Dec 17 05:55 PM
CURTIS THOMAS BENJAMIN	Pres., BK US & CA	Dec 15 '25	Option Exercise	0.00	8,754	0	80,156	Dec 17 05:55 PM
CURTIS THOMAS BENJAMIN	Pres., BK US & CA	Dec 17 '25	Sale	70.48	4,250	299,540	74,957	Dec 17 05:55 PM
CURTIS THOMAS BENJAMIN	Pres., BK US & CA	Dec 15 '25	Sale	70.87	3,445	244,147	75,407	Dec 17 05:55 PM
THOMAS CURTIS	Officer	Dec 17 '25	Proposed Sale	70.48	4,250	299,540		Dec 17 04:50 PM
Sami Siddiqui	Officer	Dec 15 '25	Proposed Sale	70.45	2,200	155,000		Dec 15 04:42 PM
JOSHUA KOBZA	Officer	Dec 15 '25	Proposed Sale	71.04	5,220	370,854		Dec 15 04:06 PM
Hedayat Ali	Director	Nov 26 '25	Sale	72.77	7,000	509,418	18,962	Dec 01 05:01 PM
DOYLE J PATRICK	Executive Chairman	Nov 21 '25	Option Exercise	0.00	110,451	0	237,452	Nov 25 05:01 PM
DOYLE J PATRICK	Executive Chairman	Nov 21 '25	Sale	69.80	43,597	3,042,920	193,855	Nov 25 05:01 PM

Restaurant Brands International, Inc. is a holding company, which engages in the operation of quick service restaurants. It operates through the following segments: Tim Hortons, Burger King, Popeyes Louisiana Kitchen, Firehouse Subs, International, and Restaurant Holdings. The company was founded on August 25, 2014 and is headquartered in Miami, FL.

Executive ChairmanMr. J. Patrick Doyle

Chief Executive OfficerMr. Joshua Kobza

Chief Financial OfficerMr. Sami A. Siddiqui

General Counsel & Corporate SecretaryMs. Jill M. Granat

President of Tim HortonsMr. Axel Schwan

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QSR

Restaurant Brands International Inc

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