What was the reported net income for Burger King in 2022?
Burger_King Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Revenues: | ||||||
| Supply chain sales | $ 2,708 | $ | 2,679 | $ | 2,583 | |
| Company restaurant sales | 1,592 | 271 | 236 | |||
| Franchise and property revenues | 2,919 | 2,903 | 2,661 | |||
| Advertising revenues and other services | 1,187 | 1,169 | 1,025 | |||
| Total revenues | 8,406 | 7,022 | 6,505 | |||
| Operating costs and expenses: | ||||||
| Supply chain cost of sales | 2,180 | 2,193 | 2,093 | |||
| Company restaurant expenses | 1,328 | 242 | 219 | |||
| Franchise and property expenses | 544 | 512 | 518 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 109–124)
What This Means (2025 FDD)
According to Burger King's 2025 Franchise Disclosure Document, the net income for 2022 was $1,482 million. This figure represents the company's profitability after all expenses, including the cost of goods sold, operating expenses, interest, and taxes, have been deducted from its total revenues. This information is crucial for prospective franchisees as it provides insight into the financial health and performance of Burger King. A consistently positive net income suggests a stable and potentially profitable business model.
It is important to note that this net income reflects the overall performance of Burger King and may not directly translate to the profitability of an individual franchise. Factors such as location, operating costs, and management efficiency can significantly impact a franchisee's financial success. However, the overall financial health of the parent company can provide a level of assurance and stability for franchisees.
Furthermore, the FDD also includes net income figures for 2023 ($1,718 million) and 2024 ($1,445 million), allowing prospective franchisees to assess the trend in Burger King's financial performance over the past three years. Analyzing these figures can help potential investors understand the company's growth trajectory and make informed decisions about their investment. Reviewing these figures in comparison to previous years can provide a more comprehensive understanding of the brand's financial stability and growth potential.