undamentalytics Newsletter
Sign in

Restaurant Brands International Inc. cash flow statement

In fiscal 2025, Restaurant Brands International Inc.'s operations generated $1.71bn of cash; it spent $265m on capital projects, leaving free cash flow of $1.45bn. It returned $1.11bn in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash from operations2243252591,2051,2501,3911,1651,4769211,7261,4901,3231,5031,7141,863
Depreciation and amortisation1146669182172182180185189201190191264301305
Stock-based pay121558513548487484102136194172151142
Capital spending70263111534378662117106100120201265283
Free cash flow1543002281,0901,2161,3541,0791,4148041,6201,3901,2031,3021,4491,580
Free cash flow after stock pay1422851711,0391,1811,3061,0311,3407201,5181,2541,0091,1301,2981,438
Dividends paid14841063625386647289019599749719901,0291,1081,157
Share buybacks—7—————0055132650000444
Shares issued———2————003000——

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: QSR vs YUMQSR vs YUMCCMG vs QSRDRI vs QSR

More: Restaurants stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Restaurant Brands International Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Restaurant Brands International Inc.