Q
QSR
QSRUnverified6 segments tracked|8 years of data|Annual (10-K)
Total Revenue
$9.4B12.2%
FY2025
Operating Segments
6Active segments
Blended Margin
0.0%Operating margin
Highest Margin
0.0%Tim Hortons
Segment Shift
Tim Hortons has grown from 61.5% to 45.0% of total revenue since FY2018, with 0.0% operating margins. Meanwhile, Restaurant Holdings is the fastest growing at +64.9% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2025
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Tim Hortons | $4.2B | $0 | 0.0% | 45.0% | +5.1% |
| Restaurant Holdings | $1.8B | $0 | 0.0% | 19.5% | +64.9% |
| Burger King | $1.3B | $0 | 0.0% | 14.0% | -1.3% |
| International Segment | $998M | $0 | 0.0% | 10.6% | +6.7% |
| Popeyes Louisiana Kitchen | $800M | $0 | 0.0% | 8.5% | +4.2% |
| Firehouse Subs | $232M | $0 | 0.0% | 2.5% | +8.4% |
Want more? Unlock the full analysis.
Sign up free to access quarterly data, financial statements, trend analysis, geographic segments, Excel exports, and cross-company comparisons.
Get Started Free