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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 2.29B | 10.1% |
| Gross Profit | 2.1B | 11.4% |
| Cost of Revenue | 195M | 1.5% |
| Operating expense | 195M | 1.5% |
| Net Income | 252M | 10% |
| EBITDA | 548M | 3.7% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 25.1B | 0.9% |
| Total Liabilities | 20B | 0.7% |
| Total Equity | 3.24B | 5.5% |
| Shares Outstanding | 324M | 2.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 540M | 61.7% |
| Cash from investing | -57M | 89.2% |
| Cash from financing | -253M | 378% |
EPS
Financial Highlights for Restaurant Brands International in Q3 '24
Restaurant Brands International reported a revenue of 2.29B, which is a 10.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 2.1B, marking a 11.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 195M, a -1.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 195M, showing a -1.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 252M, showing a -10% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 548M, showing a -3.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Restaurant Brands International faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. A decline in EBITDA signals potential operational challenges or increased costs.
