Restaurant Brands International Limited Partnership annual free cash flow
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Restaurant Brands International Limited Partnership Free Cash Flow (FCF) History (RSTRF)
Restaurant Brands International Limited Partnership reported $1.45B in free cash flow for fiscal 2025, an increase of 11.29% from the previous fiscal year, with a free cash flow margin of 15.36%.
View full Restaurant Brands International Limited Partnership company overviewRestaurant Brands International Limited Partnership free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.45B | $147.0M | +11.29% | +15.36% |
| 2024 | 2024-12-31 | $1.30B | $99.0M | +8.23% | +15.49% |
| 2023 | 2023-12-31 | $1.20B | −$187.0M | −13.45% | +17.13% |
| 2022 | 2022-12-31 | $1.39B | −$230.0M | −14.20% | +21.37% |
| 2021 | 2021-12-31 | $1.62B | $816.0M | +101.49% | +28.23% |
| 2020 | 2020-12-31 | $804.0M | −$610.0M | −43.14% | +16.18% |
| 2019 | 2019-12-31 | $1.41B | $335.0M | +31.05% | +25.24% |
| 2018 | 2018-12-31 | $1.08B | −$315.0M | −22.60% | +20.14% |
| 2017 | 2017-12-31 | $1.39B | $214.0M | +18.14% | +30.46% |
| 2016 | 2016-12-31 | $1.18B | $94.6M | +8.72% | +28.46% |
| 2015 | 2015-12-31 | $1.09B | $857.0M | +375.22% | +26.79% |
| 2014 | 2014-12-31 | $228.4M | −$71.3M | −23.79% | +19.05% |
| 2013 | 2013-12-31 | $299.7M | $145.5M | +94.36% | +26.14% |
| 2012 | 2012-12-31 | $154.2M | — | — | +7.82% |
Restaurant Brands International Limited Partnership quarterly free cash flow
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $479.0M | $68.0M | +16.55% | +19.01% |
| Q1 2026 | 2026-03-31 | $169.0M | $115.0M | +212.96% | +7.46% |
| Q4 2025 | 2025-12-31 | $453.0M | $49.0M | +12.13% | +18.37% |
| Q3 2025 | 2025-09-30 | $531.0M | $46.0M | +9.48% | +21.68% |
| Q2 2025 | 2025-06-30 | $411.0M | $120.0M | +41.24% | +17.05% |
| Q1 2025 | 2025-03-31 | $54.0M | −$68.0M | −55.74% | +2.56% |
| Q4 2024 | 2024-12-31 | $404.0M | $48.0M | +13.48% | +17.60% |
| Q3 2024 | 2024-09-30 | $485.0M | $77.0M | +18.87% | +21.17% |
| Q2 2024 | 2024-06-30 | $291.0M | −$71.0M | −19.61% | +13.99% |
| Q1 2024 | 2024-03-31 | $122.0M | $45.0M | +58.44% | +7.02% |
| Q4 2023 | 2023-12-31 | $356.0M | −$19.0M | −5.07% | +19.56% |
| Q3 2023 | 2023-09-30 | $408.0M | $34.0M | +9.09% | +22.21% |
| Q2 2023 | 2023-06-30 | $362.0M | −$55.0M | −13.19% | +20.39% |
| Q1 2023 | 2023-03-31 | $77.0M | −$147.0M | −65.63% | +4.84% |
| Q4 2022 | 2022-12-31 | $375.0M | −$60.0M | −13.79% | +22.20% |
| Q3 2022 | 2022-09-30 | $374.0M | −$112.0M | −23.05% | +21.67% |
| Q2 2022 | 2022-06-30 | $417.0M | −$31.0M | −6.92% | +25.44% |
| Q1 2022 | 2022-03-31 | $224.0M | −$27.0M | −10.76% | +15.44% |
| Q4 2021 | 2021-12-31 | $435.0M | $153.0M | +54.26% | +28.14% |
| Q3 2021 | 2021-09-30 | $486.0M | $121.0M | +33.15% | +32.51% |
| Q2 2021 | 2021-06-30 | $448.0M | $408.0M | +1020.00% | +31.15% |
| Q1 2021 | 2021-03-31 | $251.0M | $134.0M | +114.53% | +19.92% |
| Q4 2020 | 2020-12-31 | $282.0M | −$286.0M | −50.35% | +20.77% |
| Q3 2020 | 2020-09-30 | $365.0M | −$20.0M | −5.19% | +27.30% |
| Q2 2020 | 2020-06-30 | $40.0M | −$272.0M | −87.18% | +3.82% |
| Q1 2020 | 2020-03-31 | $117.0M | −$32.0M | −21.48% | +9.55% |
| Q4 2019 | 2019-12-31 | $568.0M | $79.0M | +16.16% | +38.40% |
| Q3 2019 | 2019-09-30 | $385.0M | $38.0M | +10.95% | +26.41% |
| Q2 2019 | 2019-06-30 | $312.0M | −$80.0M | −20.41% | +22.29% |
| Q1 2019 | 2019-03-31 | $149.0M | $298.0M | — | +11.77% |
| Q4 2018 | 2018-12-31 | $489.0M | −$97.7M | −16.65% | +35.31% |
| Q3 2018 | 2018-09-30 | $347.0M | $58.0M | +20.07% | +25.24% |
| Q2 2018 | 2018-06-30 | $392.0M | $183.9M | +88.37% | +29.19% |
| Q1 2018 | 2018-03-31 | −$149.0M | −$459.2M | — | −11.88% |
| Q4 2017 | 2017-12-31 | $586.7M | $294.3M | +100.65% | +47.54% |
| Q3 2017 | 2017-09-30 | $289.0M | −$119.4M | −29.24% | +23.90% |
| Q2 2017 | 2017-06-30 | $208.1M | −$103.7M | −33.26% | +18.38% |
| Q1 2017 | 2017-03-31 | $310.2M | $142.8M | +85.30% | +30.99% |
| Q4 2016 | 2016-12-31 | $292.4M | $74.5M | +34.19% | +26.31% |
| Q3 2016 | 2016-09-30 | $408.4M | −$7.9M | −1.90% | +37.97% |
| Q2 2016 | 2016-06-30 | $311.8M | $93.0M | +42.50% | +29.98% |
| Q1 2016 | 2016-03-31 | $167.4M | −$65.0M | −27.97% | +18.23% |
| Q4 2015 | 2015-12-31 | $217.9M | $354.4M | — | +20.61% |
| Q3 2015 | 2015-09-30 | $416.3M | $257.3M | +161.82% | +40.83% |
| Q2 2015 | 2015-06-30 | $218.8M | $134.8M | +160.48% | +20.99% |
| Q1 2015 | 2015-03-31 | $232.4M | $110.5M | +90.65% | +24.90% |
| Q4 2014 | 2014-12-31 | −$136.5M | — | — | −32.67% |
| Q3 2014 | 2014-09-30 | $159.0M | — | — | +57.01% |
| Q2 2014 | 2014-06-30 | $84.0M | — | — | +32.16% |
| Q1 2014 | 2014-03-31 | $121.9M | — | — | +50.60% |
Restaurant Brands International Limited Partnership free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $804.0M to $1.45B, a compound annual growth rate of 12.50%. Restaurant Brands International Limited Partnership's latest reported quarter, Q2 2026, generated $479.0M in free cash flow, an increase of 16.55% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Restaurant Brands International Limited Partnership source filings ↗