---
schema_version: "secwatch.filing_event.v1"
accession: "0001618756-24-000015"
form_type: "8-K"
ticker: "QSR"
cik: "0001618756"
company_name: "Restaurant Brands International Inc."
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:26:04.305574+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# RBI Q4/FY2023: System sales +12.2%, digital $14B, franchisee profitability +30% YoY

## Summary
- FY2023 revenue $7,022M (+8% YoY); net income $1,718M; diluted EPS $3.76 vs $3.25 prior year.
- Adjusted diluted EPS $3.24 vs $3.14; adjusted operating income $2,200M (+7.5% organic).
- Q4 comparable sales +5.8% led by Tim Hortons Canada +8.4% and Burger King US +6.3%.
- Global digital sales reached $14B, over one-third of system-wide sales; $1.5B returned to shareholders.
- Home market franchisee profitability improved 30% on average; net leverage reduced to 4.8x adj. EBITDA.

## SEC filing metadata
- accession: 0001618756-24-000015
- form_type: 8-K
- ticker: QSR
- cik: 0001618756
- company_name: Restaurant Brands International Inc.
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618756/000161875624000015/0001618756-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618756/000161875624000015/qsr-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001618756-24-000015
- JSON: https://secwatch.observer/filing/0001618756-24-000015.json
- Plain text: https://secwatch.observer/filing/0001618756-24-000015.txt

## Key facts
- Earnings Releases
  Restaurant Brands International Inc. reported financial results for full year and fourth quarter ended December 31, 2023.
  - Period: full year and fourth quarter ended December 31, 2023
  - Result: reported results
  source text: Restaurant Brands International Inc. Reports Full Year and Fourth Quarter 2023 Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618756/000161875624000015/0001618756-24-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.