Restaurant Brands Operating Expenses 2013-2026 | QSR

Restaurant Brands annual/quarterly operating expenses history and growth rate from 2013 to 2026. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Restaurant Brands operating expenses for the quarter ending March 31, 2026 were $1.658B, a 0.96% decline year-over-year.
  • Restaurant Brands operating expenses for the twelve months ending March 31, 2026 were $7.216B, a 11.6% increase year-over-year.
  • Restaurant Brands annual operating expenses for 2025 were $7.232B, a 20.8% increase from 2024.
  • Restaurant Brands annual operating expenses for 2024 were $5.987B, a 20.44% increase from 2023.
  • Restaurant Brands annual operating expenses for 2023 were $4.971B, a 7.9% increase from 2022.
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Restaurant Brands Annual Operating Expenses
(Millions of US $)
2025 $7,232
2024 $5,987
2023 $4,971
2022 $4,607
2021 $3,860
2020 $3,546
2019 $3,596
2018 $3,440
2017 $2,841
2016 $2,479
2015 $2,860
2014 $1,018
2013 $624
2012 $1,553
Restaurant Brands Quarterly Operating Expenses
(Millions of US $)
2026-03-31 $1,658
2025-12-31 $1,845
2025-09-30 $1,786
2025-06-30 $1,927
2025-03-31 $1,674
2024-12-31 $1,661
2024-09-30 $1,714
2024-06-30 $1,417
2024-03-31 $1,195
2023-12-31 $1,352
2023-09-30 $1,255
2023-06-30 $1,221
2023-03-31 $1,143
2022-12-31 $1,343
2022-09-30 $1,165
2022-06-30 $1,098
2022-03-31 $1,001
2021-12-31 $1,130
2021-09-30 $962
2021-06-30 $950
2021-03-31 $818
2020-12-31 $985
2020-09-30 $920
2020-06-30 $805
2020-03-31 $836
2019-12-31 $968
2019-09-30 $887
2019-06-30 $909
2019-03-31 $832
2018-12-31 $869
2018-09-30 $897
2018-06-30 $841
2018-03-31 $833
2017-12-31 $729
2017-09-30 $729
2017-06-30 $718
2017-03-31 $664
2016-12-31 $620
2016-09-30 $655
2016-06-30 $616
2016-03-31 $588
2015-12-31 $735
2015-09-30 $676
2015-06-30 $740
2015-03-31 $709
2014-12-31 $513
2014-09-30 $278
2014-06-30 $110
2014-03-31 $110
2013-12-31
2012-12-31
Sector Industry Market Cap Revenue
Retail/Wholesale Retail - Food & Restaurants $26.515B $9.434B
Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies. It is the parent company to Tim Hortons, Burger King and Popeyes. These independently-operated brands have been serving their respective customers, franchisees and communities customers for more than 40 years and have similar franchise business models with complementary daypart mixes.Restaurant Brands has three operating and reportable segments: Tim Hortons, Burger King and Popeye's Louisiana Kitchen. While the Tim Hortons brand maintains a strong base of restaurants across Canada, the United States and the Middle East; Burger King mostly serves customers in the United States and in markets outside. Popeye's Louisiana Kitchen operates restaurants in the United States and 25 other countries.
Stock Name Country Market Cap PE Ratio
McDonald's (MCD) United States $217.286B 25.06
Starbucks (SBUX) United States $110.056B 48.54
Compass Group (CMPGY) United Kingdom $46.830B 0.00
Yum! Brands (YUM) United States $44.674B 26.74
Chipotle Mexican Grill (CMG) United States $44.400B 29.39
Darden Restaurants (DRI) United States $22.035B 19.28
Yum China (YUMC) China $17.476B 19.83
Domino's Pizza Inc (DPZ) United States $12.305B 20.83
Aramark (ARMK) United States $11.265B 22.68
Texas Roadhouse (TXRH) United States $10.791B 26.88
CAVA (CAVA) United States $9.885B 157.30
Dutch Bros (BROS) United States $9.195B 87.31
Brinker (EAT) United States $6.756B 15.59
Wingstop (WING) United States $4.915B 44.09
Shake Shack (SHAK) United States $4.210B 75.28
Biglari Holdings (BH.A) $4.012B 32.61
Cheesecake Factory (CAKE) United States $2.949B 15.69
Mitchells & Butlers Plc (MBPFF) United Kingdom $2.039B 0.00
SSP Group (SSPPF) United Kingdom $1.996B 0.00
Arcos Dorados Holdings (ARCO) $1.791B 32.69
Wendy's (WEN) United States $1.312B 7.74
Papa John's (PZZA) United States $1.172B 24.92
J D Wetherspoon Plc (JDWPY) United Kingdom $1.007B 0.00
Super Hi Holding (HDL) Singapore $0.962B 21.14
BJ's Restaurants (BJRI) United States $0.793B 16.55
Biglari Holdings (BH) United States $0.748B 6.08
Sweetgreen (SG) United States $0.729B 0.00
First Watch Restaurant (FWRG) United States $0.707B 37.03
Kura Sushi USA (KRUS) United States $0.669B 0.00
Cracker Barrel Old Country Store (CBRL) United States $0.635B 34.21
Bloomin' Brands (BLMN) United States $0.505B 5.16
Dave & Buster's Entertainment (PLAY) United States $0.447B 0.00
Portillo's (PTLO) United States $0.436B 21.41
Nathan's Famous (NATH) United States $0.416B 19.56
El Pollo Loco Holdings (LOCO) United States $0.416B 14.02
DINE BRANDS GLOBAL, INC (DIN) United States $0.335B 5.88
Denny's (DENN) United States $0.322B 16.03
Jack In The Box (JACK) United States $0.218B 3.25
RCI Hospitality Holdings (RICK) United States $0.186B 20.14
MasterBeef Group (MB) Hong Kong, SAR China $0.097B 0.00
TH (THCH) China $0.067B 0.00
Red Robin Gourmet Burgers (RRGB) United States $0.062B 0.00
ONE Group Hospitality (STKS) United States $0.054B 0.00
GEN Restaurant (GENK) United States $0.049B 0.00
Noodles (NDLS) United States $0.048B 0.00
Rave Restaurant (RAVE) United States $0.033B 11.75
Happy City Holdings (HCHL) Hong Kong, SAR China $0.030B 0.00
Ark Restaurants (ARKR) United States $0.025B 0.00
Rocky Mountain Chocolate Factory (RMCF) United States $0.020B 0.00
FAT Brands (FATBB) United States $0.014B 0.00
Good Times Restaurants (GTIM) United States $0.013B 8.40
CCH Holdings (CCHH) $0.012B 0.00
BT Brands (BTBD) United States $0.010B 0.00
Twin Hospitality Group (TWNP) United States $0.007B 0.00
FAT Brands (FAT) United States $0.004B 0.00