earnings
confidence high
sentiment positive
materiality 0.70
RBI Q4 2025: system-wide sales +5.8%, comps +3.1%, organic AOI +15.6%
Restaurant Brands International Limited Partnership
- Q4 system-wide sales $12.1B (+5.8% constant currency); comparable sales +3.1% led by INTL (+6.1%).
- Full year 2025: system-wide sales $46.8B (+5.3%); comparable sales +2.4%; net restaurant growth 2.9% to 33,041 units.
- Q4 AOI $674M (+15.6% organic); full year AOI $2,584M (+8.3% organic).
- Q4 Adj. EPS $0.96 (+18.7% nominal); full year Adj. EPS $3.69 (+10.7% nominal).
- Returned ~$1.1B of capital to shareholders in 2025; net leverage 4.2x (down from 4.6x).