Restaurant Brands International Inc. (QSR) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | 227M | 540.97M | 546.49M | 459.35M | 118M | 481M | 540M | 332.65M | 147.34M | 403M | 433M | 392M |
| Operating CF Margin % | 10.03% | 21.94% | 22.31% | 19.06% | 5.6% | 20.95% | 23.57% | 15.99% | 8.47% | 22.14% | 23.57% | 22.08% |
| Operating CF Growth % | 92.37% | 12.47% | 1.2% | 38.09% | -19.91% | 19.35% | 24.71% | -15.14% | 55.09% | -4.73% | 8.79% | -9.89% |
| Net Income | 338M | 113M | 436M | 263M | 221M | 259M | 357M | 279.94M | 228.97M | 522.04M | 364M | 351M |
| Depreciation & Amortization | 78M | 82M | 77M | 77M | 71M | 77M | 79.64M | 58.99M | 48.78M | 50.35M | 47M | 49M |
| Stock-Based Compensation | 0 | 38M | 32M | 33M | 48M | 48M | 37M | 41M | 46M | 53M | 49M | 47M |
| Deferred Taxes | -49M | 0 | -27M | -7M | 15M | 11M | -26.11M | -8.07M | 17.92M | -390.12M | -7M | -12M |
| Other Non-Cash Items | 64M | 255.97M | -197.51M | 106.35M | -24M | -29M | -7.53M | 12.79M | -8.33M | 187.6M | -25M | -31M |
| Working Capital Changes | -204M | 52M | 226M | -13M | -213M | 115M | 100M | -52M | -186M | -19.87M | 5M | -12M |
| Change in Receivables | 30M | -23M | 6.31M | -87M | 15M | -50M | -8.87M | 15M | -5.97M | -62.3M | -56.49M | -21.32M |
| Change in Inventory | 0 | 9M | 30M | 9M | -39M | 29M | -14M | 7M | 7M | 6M | -4M | -25M |
| Change in Payables | -42M | 0 | 64.99M | 0 | 0 | 0 | 24.96M | -24.16M | 0 | 85.41M | -30.71M | 51.13M |
| Cash from Investing | -33M | -183.6M | -10.55M | -21.69M | -184M | -44M | -57M | -524.38M | -30.86M | 22M | -3M | -8M |
| Capital Expenditures | -58M | -102M | -61M | -38M | -64M | -77M | -55.23M | -42.88M | -25.88M | -48.02M | -25M | -30M |
| CapEx % of Revenue | 2.56% | 4.14% | 2.49% | 1.58% | 3.03% | 3.35% | 2.41% | 2.06% | 1.49% | 2.64% | 1.36% | 1.69% |
| Acquisitions | 21M | 0 | 0 | -1M | -151M | 10.19M | 2.98M | -499.49M | -21M | 14.31M | 9.91M | 9.14M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 4M | -81.6M | 50.45M | 38.31M | 10M | 22.81M | 11.25M | 17.99M | 22.34K | 55.71M | 12.09M | 12.86M |
| Cash from Financing | -306M | -472.53M | -401.35M | -300.13M | -265M | -260M | -253M | 91M | -202.09M | -600M | -326M | -208M |
| Debt Issued (Net) | -28M | -226.88M | -133.81M | -34.2M | -33M | -26M | -25M | 301.03M | -24M | -13M | 42M | -34.23M |
| Equity Issued (Net) | -4M | 12.77M | -60.77K | 7.37M | 13M | 5.69M | 11.15M | 20.58M | 39M | -372.75M | -112.44M | 43.17M |
| Dividends Paid | -283M | -271.76M | -284.64M | -282M | -262M | -262M | -261M | -260.89M | -243.91M | -255.12M | -246.54M | -250.74M |
| Share Repurchases | -32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -379.99M | -115.48M | 0 |
| Other Financing | 9M | 13.35M | 17.15M | 8.71M | 17M | 22.31M | 21.85M | 30.29M | 26.81M | 40.88M | -9.02M | 33.8M |
| Net Change in Cash | -151M | -43M | 180M | 127M | -435M | 158M | 234.14M | -106.06M | -90M | -170.55M | 97M | 180M |
| Free Cash Flow | 169M | 440.89M | 484.88M | 419.49M | 54M | 404M | 485M | 289.77M | 121.46M | 356M | 408M | 362M |
| FCF Margin % | 7.46% | 17.88% | 19.8% | 17.41% | 2.56% | 17.6% | 21.17% | 13.93% | 6.98% | 19.56% | 22.21% | 20.39% |
| FCF Growth % | 212.96% | 9.13% | -0.03% | 44.77% | -55.54% | 13.48% | 18.87% | -19.95% | 57.73% | -5.07% | 9.09% | -13.19% |
| FCF per Share | 0.37 | 0.96 | 1.06 | 0.92 | 0.12 | 0.89 | 1.07 | 0.64 | 0.27 | 0.79 | 0.89 | 0.79 |
| FCF Conversion (FCF/Net Income) | 0.67x | 4.79x | 1.73x | 2.43x | 0.74x | 1.86x | 2.14x | 1.19x | 0.64x | 0.79x | 1.72x | 1.63x |
| Interest Paid | 0 | 200M | 154M | 207M | 153M | 216M | 179M | 220M | 170M | 217M | 164M | 217M |
| Taxes Paid | 0 | 0 | 84M | 95M | 190M | -262M | 76M | 99M | 87M | 106M | 38M | 85M |