Restaurant Brands International Limited Partnership Overview
Pro stress-test →Restaurant Brands International operates and franchises quick service restaurants globally across six segments: Tim Hortons, Burger King, Popeyes Louisiana Kitchen, Firehouse Subs, International, and Restaurant Holdings. The company operates 33,041 restaurants in more than 120 countries and territories as of December 31, 2025.
Strategic Profile
Pro stress-test →Over 95% of locations are franchised, providing a capital-efficient model with diversified brand exposure across coffee/breakfast (Tim Hortons), burgers (Burger King), fried chicken (Popeyes), and premium subs (Firehouse Subs). Q1 2026 revenues reached $2.26 billion, driven by higher supply chain sales and franchise and property revenues.
Competitive Landscape
Pro stress-test →Restaurant Brands competes in the global quick service restaurant sector. Primary competitors include Yum! Brands (KFC, Taco Bell, Pizza Hut), McDonald's, and Dine Brands (IHOP, Applebee's). RBI's strength lies in brand diversity and international reach; competitive pressure comes from labor costs, commodity inflation, and consumer spending shifts.
Industry Context
Restaurant Brands International Limited Partnership operates in Quick service restaurants (QSR).
Key facts
Founded: 1954 · Headquarters: Toronto, Canada · Employees: Not disclosed · Revenue: $46.76B (2025 annual) · Market cap: $26.03B