What was the total revenue for Burger King in 2022?
Burger_King Franchise · 2025 FDDAnswer from 2025 FDD Document
| As of December 31, | |||
|---|---|---|---|
| 2024 | 2023 | ||
| ASSETS | |||
| Current assets: | |||
| Cash and cash equivalents | $ 1,334 | $ | 1,139 |
| Accounts and notes receivable, net of allowance of $57 and $37, respectively | 698 | 749 | |
| Inventories, net | 142 | 166 | |
| Prepaids and other current assets | 108 | 119 | |
| Total current assets | 2,282 | 2,173 | |
| Property and equipment, net of accumulated depreciation and amortization of $1,087 and $1,187, | 2,236 | 1,952 | |
| respectively | |||
| Operating lease assets, net | 1,852 | 1,122 | |
| Intangible assets, net | 10,922 | 11,107 | |
| Goodwill | 5,986 | 5,775 | |
| Other assets, net | 1,354 | 1,262 | |
| Total assets | $ 24,632 | $ | 23,391 |
| LIABILITIES AND EQUITY | |||
| Current liabilities: | |||
| Accounts and drafts payable | $ 765 | $ | 790 |
| Other accrued liabilities | 1,141 | 1,005 | |
| Gift card liability | 236 | 248 | |
| Current portion of long-term debt and finance leases | 222 | 101 | |
| Total current liabilities | 2,364 | 2,144 | |
| Long-term debt, net of current portion | 13,455 | 12,854 | |
| Finance leases, net of current portion | 286 | 312 | |
| Operating lease liabilities, net of current portion | 1,770 | 1,059 | |
| Other liabilities, net | 706 | 996 | |
| Deferred income taxes, net | 1,208 | 1,296 | |
| Total liabilities | 19,789 | 18,661 | |
| Commitments and contingencies (Note 17) | |||
| Partners' capital: | |||
| Class A common units - 208,565,254 units issued and outstanding at December 31, 2024; | 10,607 | 9,620 | |
| 202,006,067 units iss |
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 total revenue for the company in 2022 was $6,505 million. This figure represents the combined revenue from various sources, including supply chain sales, company restaurant sales, franchise and property revenues, and advertising revenues and other services.
For a prospective franchisee, this indicates the overall financial scale of Burger King's operations. It demonstrates the brand's ability to generate substantial revenue through its various business activities. Understanding the different revenue streams can help a franchisee appreciate the multifaceted nature of the business and the potential for income generation.
It's important to note that this total revenue figure does not represent the profit or income of individual franchisees. A franchisee's earnings will depend on their specific restaurant's performance, location, operating costs, and other factors. However, a strong overall revenue for Burger King suggests a healthy and well-established brand, which can be a positive indicator for potential franchisees.