What was the total supply chain cost of sales for Burger King?
Burger_King Franchise · 2025 FDDAnswer from 2025 FDD Document
ong-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) | | | | | Shareholders' equity: | | | | | Common shares, no par value; Unlimited shares authorized at December 31, 2024 and | | | | | December 31, 2023; 324,426,589 shares issued and outstanding at December 31, 2024; | | | | | 312,454,851 shares issued and outstanding at December 31, 2023 | | 2,357 | 1,973 | | Retained earnings | | 1,860 | 1,599 | | Accumulated other comprehensive income (loss) | | (1,107) | (706) | | Total Restaurant Brands International Inc. shareholders' equity | | 3,110 | 2,866 | | Noncontrolling interests | | 1,733 | 1,864 | | Total shareholders' equity | | 4,843 | 4,730 | | Total liabilities and shareholders' equity | $ | 24,632 | $ 23,391 | | See accompanying notes to consolidated financial statements. | | | | | Approved on behalf of the Board of Directors: | | | |
J. Patrick Doyle, Executive Chairman Ali Hedayat, Director
By: /s/ J. Patrick Doyle By: /s/ Ali Hedayat
Consolidated Statements of Operations (In millions of U.S. dollars, except per share data)
| 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 ot |
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 supply chain cost of sales for 2024 was $2,180. This figure represents the expenses Burger King incurs to manage its supply chain, including the cost of goods sold to both company-owned and franchised restaurants.
In 2023, the supply chain cost of sales was $2,193, and in 2022, it was $2,093. These figures indicate a relatively stable cost over the three-year period, with a slight decrease in 2024 compared to 2023.
Prospective franchisees should consider the supply chain cost of sales as an indicator of Burger King's operational efficiency and its ability to manage costs. While franchisees do not directly pay this cost, it affects the overall financial health of the company, which can impact the support and resources available to franchisees.