Restaurant Brands International
Updated: 12/11/2025, 4:05:30 PM Wikipedia source
Restaurant Brands International Inc. (RBI) is a Canadian multinational fast food holding company. It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively. The company is the fifth-largest operator of fast food restaurants in the world after Subway, McDonald's, Starbucks and Yum! Brands. They are based alongside Tim Hortons in Toronto (previously Oakville, Ontario). Burger King, Popeyes, and Firehouse Subs retain their existing operations and headquarters in Florida, with BK and Popeyes in Miami, and Firehouse in Jacksonville. The 2014 merger focused primarily on expanding the international reach of the Tim Hortons brand and providing financial efficiencies for both companies. 3G Restaurant Brands Holdings LP, an affiliate of the Brazilian investment company 3G Capital, owns a 32% stake in Restaurant Brands International. The company is publicly traded on the New York (NYSE) and the Toronto (TSX) stock exchanges. In March 2023, Joshua Kobza was named the CEO of Restaurant Brands International, replacing Jose Cil, who had held the role since 2019.
Infobox
Tables
| Year | Revenue(US$ bn) | Net income(US$ m) | Total assets(US$ bn) | Employees | Systemwiderestaurants |
| 2014 | 1.1 | –277 | 21.3 | 4,600 | 19,043 |
| 2015 | 4.0 | 375 | 18.4 | 4,300 | 19,416 |
| 2016 | 4.1 | 616 | 19.1 | 4,300 | 20,351 |
| 2017 | 4.5 | 626 | 21.2 | 6,200 | 24,407 |
| 2018 | 5.3 | 612 | 20.1 | 6,000 | 25,744 |
| 2019 | 5.6 | 643 | 22.3 | 6,300 | 27,086 |
| 2020 | 4.9 | 486 | 22.7 | 5,200 | 27,025 |
| 2021 | 5.7 | 838 | 23.2 | 5,700 | 29,456 |
| 2022 | 6.5 | 1,008 | 22.7 | 6,400 | |
| 2023 | 7.0 | 1,190 | 23.3 | 9,000 |
References
- company owned only
- "2021 Proxy Statement"https://s26.q4cdn.com/317237604/files/doc_downloads/2021/2021-Proxy-for-website.pdf
- "Restaurant brands international Inc"https://web.archive.org/web/20210212014814/https://s26.q4cdn.com/317237604/files/doc_financials/2020/ar/Restaurant-Brands-International-%E2%80%93-2019-SEC-Form-10-K-Annual-Report.pdf
- "RESTAURANT BRANDS INTERNATIONAL INC. 2019 Form 10-K"https://s26.q4cdn.com/317237604/files/doc_financials/2020/ar/Restaurant-Brands-International-%E2%80%93-2019-SEC-Form-10-K-Annual-Report.pdf
- Toronto Starhttps://www.thestar.com/business/real_estate/2018/04/17/tim-hortons-to-move-its-canadian-head-office.html
- Reutershttps://www.reuters.com/article/us-rstrnt-brnd-stake/3g-capital-selling-3-billion-shares-in-burger-king-owner-idUSKCN1VP20R
- The Globe and Mailhttps://www.theglobeandmail.com/report-on-business/burger-king-in-talks-to-acquire-tim-hortons-report/article20187310/
- "Burger King in Talks to Buy Tim Hortons in Canada Tax Deal"https://online.wsj.com/articles/burger-king-in-talks-to-buy-tim-hortons-1408924294
- CBC Newshttp://www.cbc.ca/news/business/tim-hortons-burger-king-agree-to-merger-deal-1.2746948
- The New York Timeshttps://dealbook.nytimes.com/2014/08/26/burger-king-to-buy-tim-hortons-for-11-4-billion/
- The Globe and Mailhttps://www.theglobeandmail.com/report-on-business/burger-king-tim-hortons-ink-merger-deal-for-125-billion/article20203522/
- Los Angeles Timeshttp://www.latimes.com/business/la-fi-burger-king-tim-hortons-tax-inversion-20140825-story.html
- Wall Street Journalhttps://online.wsj.com/articles/burger-king-tim-hortons-merger-plan-raises-tax-inversion-issue-1409010049
- Financial Posthttp://business.financialpost.com/2014/12/09/tim-hortons-burger-king-takeover-approved/
- CBC Newshttp://www.cbc.ca/news/business/tim-hortons-burger-king-deal-ok-d-by-competition-bureau-1.2815809
- Financial Posthttp://business.financialpost.com/2014/12/04/tim-hortons-burger-king-industry-canada/
- Edmonton Journalhttps://web.archive.org/web/20141216145611/http://www.edmontonjournal.com/business/Hortons+Burger+King+finalize+merger+form+Restaurant+Brands/10463882/story.html
- Nation's Restaurant Newshttps://www.nrn.com/quick-service/burger-king-parent-restaurant-brands-international-expects-40k-restaurants-2028
- "Restaurant Brands to Add Popeyes to Tim Hortons and Burger King"http://www.cbc.ca/news/business/popeyes-tim-hortons-burger-king-1.3991995
- www.prnewswire.comhttp://www.prnewswire.com/news-releases/restaurant-brands-international-inc-announces-successful-completion-of-its-tender-offer-to-purchase-all-of-the-outstanding-shares-of-popeyes-louisiana-kitchen-inc-617157513.html
- CNBChttps://www.cnbc.com/2021/11/15/burger-king-parent-restaurant-brands-international-buys-firehouse-subs-for-1-billion.html
- "Restaurant Brands International Inc. Completes Acquisition of Firehouse Subs and Announces Increase in Borrowings Under Existing Term Loan A Facility"https://www.prnewswire.com/news-releases/restaurant-brands-international-inc-completes-acquisition-of-firehouse-subs-and-announces-increase-in-borrowings-under-existing-term-loan-a-facility-301445924.html
- boerse.dehttps://www.boerse.de/fundamental-analyse/Restaurant-Brands-International-Aktie/CA76131D1033
- "Restaurant Brands International Fundamentals (2013-2021) – boerse.de"https://web.archive.org/web/20221201164438/https://www.boerse.de/fundamental-analyse/Restaurant-Brands-International-Aktie/CA76131D1033
- www.macrotrends.nethttps://www.macrotrends.net/stocks/charts/QSR/restaurant-brands/financial-statements
- CBC Newshttps://www.cbc.ca/news/canada/nova-scotia/is-tim-hortons-canadian-1.7485431
- Bloomberg Businessweekhttps://www.bloomberg.com/news/articles/2014-12-15/berkshire-to-hold-larger-stake-in-burger-king-tim-hortons-parent
- Reutershttps://web.archive.org/web/20190209073233/https://ca.reuters.com/article/businessNews/idCAKCN1PH19U-OCABS
- NASDAQhttps://www.nasdaq.com/articles/warren-buffetts-berkshire-hathaway-sells-off-its-restaurant-brands-stake-2020-08-14#:~:text=A)(NYSE%3A%20BRK.,portfolio%20of%20publicly%20traded%20companies.
- Restaurant Businesshttps://restaurantbusinessonline.com/operations/restaurant-brands-international-makes-strides-commitment-use-100-cage-free-eggs-2030