Risk factors
Restaurant Brands International (QSR) risk factors
Item 1A of every Restaurant Brands International Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors31 risks3 new7 dropped21 reworded
Carrols-related company-operated restaurants now represent approximately 5% of the system, shifting emphasis toward acquisition and operating execution risks.
Filed Feb 20, 2026 - FY2024 10-K risk factors35 risks
Restaurant Brands International faces heavy reliance on franchisees alongside new operational risks from acquiring Carrols and PLK China. High leverage of $13,759 million in debt creates significant interest rate and refinancing vulnerabilities. Global operations expose the company to foreign currency fluctuations and evolving international tax laws.
Filed Feb 21, 2025