World famous burger fast food chain Burger King reported a net income amounting to roughly 1.01 billion from its global operations during the 2022 financial year. This shows a decrease compared to the previous year's total of 1.02 million U.S. dollars. Burger King is a subsidiary of the multinational quick service holdings company Restaurant Brands International.
Net income of Burger King worldwide from 2014 to 2022
(in million U.S. dollars)
Burger King merged with Canadian coffee chain Tim Hortons under parent company Restaurant Brands International in December 2014. On March 27, 2017, Restaurant Brands International acquired Popeyes Louisiana Kitchen, Inc. and its consolidated subsidiaries. Income figures for 2014 come from before the merger. Firehouse Subs was acquired by RBI in 2021.
Restaurant Brands International transitioned to ASC 606 on January 1, 2018 using the modified retrospective transition method. The 2018 Financial Statements reflect the application of ASC 606 guidance beginning in 2018, while the Financial Statements for prior periods were prepared under the guidance of the Previous Standards. Figures between 2019 and 2022 include cash distributions received from equity method investments.
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Burger King, & Restaurant Brands International. (February 22, 2023). Net income of Burger King worldwide from 2014 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/222950/burger-king-net-income/
Burger King, und Restaurant Brands International. "Net income of Burger King worldwide from 2014 to 2022 (in million U.S. dollars)." Chart. February 22, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/222950/burger-king-net-income/
Burger King, Restaurant Brands International. (2023). Net income of Burger King worldwide from 2014 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/222950/burger-king-net-income/
Burger King, and Restaurant Brands International. "Net Income of Burger King Worldwide from 2014 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Feb 2023, https://www.statista.com/statistics/222950/burger-king-net-income/
Burger King & Restaurant Brands International, Net income of Burger King worldwide from 2014 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/222950/burger-king-net-income/ (last visited November 22, 2024)
Net income of Burger King worldwide from 2014 to 2022 (in million U.S. dollars) [Graph], Burger King, & Restaurant Brands International, February 22, 2023. [Online]. Available: https://www.statista.com/statistics/222950/burger-king-net-income/