All Brands Owned by Restaurant Brands International Inc.

What does Restaurant Brands International own?
RBI owns four quick service restaurant brands: Tim Hortons, Burger King, Popeyes Louisiana Kitchen, and Firehouse Subs. The company operates as a franchisor, with over 33,000 restaurants in more than 120 countries, the majority owned and operated by independent franchisees.

Is Restaurant Brands International publicly traded?
Yes, RBI trades on the New York Stock Exchange under ticker QSR and on the Toronto Stock Exchange under tickers QSR and QSP. The company has been publicly traded since its formation in 2014 through the merger of Burger King and Tim Hortons.

Who founded Restaurant Brands International?
RBI was formed in 2014 through the merger of Burger King Worldwide and Tim Hortons Inc. The merger was engineered by 3G Capital, the Brazilian investment firm that had acquired Burger King in 2010. The deal was valued at approximately $11.4 billion.

Where is Restaurant Brands International headquartered?
RBI is headquartered in Miami, Florida. The company's brands are headquartered in their home markets: Tim Hortons in Canada and Burger King, Popeyes, and Firehouse Subs in the United States.

How many restaurants does RBI operate?
RBI's system includes over 33,000 restaurants in more than 120 countries and territories as of Q1 2026. The vast majority are franchised locations. System-wide sales were approximately $47 billion in 2025.

What is RBI's revenue?
RBI reported total revenues of $9.4 billion for fiscal year 2025, up from $8.4 billion in 2024. Adjusted Operating Income was $2.6 billion. The company's third consecutive year of approximately 8% organic AOI growth.

What are RBI's largest or most valuable brands?
Burger King is the largest brand by restaurant count with over 20,000 locations. Tim Hortons is the largest by revenue contribution, accounting for approximately 42% of system-wide sales. Popeyes is the primary international growth vehicle. Firehouse Subs is the fastest-growing by unit count.

Has RBI made major acquisitions recently?
In 2024, RBI acquired Carrols Restaurant Group, the largest Burger King franchisee in the US, for approximately $1 billion, and Popeyes China. In February 2025, RBI acquired the remaining equity in Burger King China. The company plans to refranchise most company-operated restaurants by the end of 2027.