Restaurant Brands International Inc. (QSR) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 06, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 9.27% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
350M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

QSR currently has 347M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 9.27% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 06, 2026

10-Q filing | 347.0M shares outstanding

350M 0
Nov 14, 2025

8-K filing: Restaurant Brands International Inc. entered into an underwriting agreement with BofA Securities, Inc. as the underwriter and HL1 17 LP as the selling shareholder, relating to the sale of up to 17,626,570 common shares of RBI at a price of $68.72 per Common Share.

330M 0
May 08, 2025

10-Q filing | 326.0M shares outstanding

330M 0
Feb 21, 2025

10-K filing | 319.0M shares outstanding

320M 0
Nov 05, 2024

10-Q filing | 319.0M shares outstanding

320M 0
Aug 13, 2024

8-K filing: Restaurant Brands International Inc. entered into an underwriting agreement with BofA Securities, Inc. relating to the sale of up to 6,528,013 common shares of RBI by HL1 17 LP, an affiliate of 3G Capital Partners Ltd., with the Offering expected to close on August 14, 2024.

320M 0
Aug 08, 2024

10-Q filing | 317.0M shares outstanding

320M 0
Apr 30, 2024

10-Q filing | 314.0M shares outstanding

310M 0
Feb 22, 2024

10-K filing | 312.0M shares outstanding

310M 0
Nov 03, 2023

10-Q filing | 314.0M shares outstanding

310M 0
Aug 18, 2023

8-K filing: Restaurant Brands International Inc. entered into an underwriting agreement relating to the sale of up to 7,136,149 common shares of RBI by a selling shareholder, HL1 17 LP, at a price of $68.75 per share, with the offering expected to close on August 21, 2023.

310M 0
Aug 08, 2023

10-Q filing | 312.0M shares outstanding

310M 0
May 02, 2023

10-Q filing | 309.0M shares outstanding

310M 0
Feb 28, 2023

8-K filing: Restaurant Brands International Inc. entered into an underwriting agreement with BofA Securities, Inc. relating to the sale of 2,213,851 common shares of RBI by HL1 17 LP at a price of $63.99 per Common Share, with the offering expected to close on March 2, 2023.

310M 0
Feb 22, 2023

10-K filing | 307.0M shares outstanding

310M 0
Nov 16, 2022

8-K filing: Restaurant Brands International Inc. entered into a stock purchase agreement with Lodgepole 231 LLC for the purchase of 500,000 common shares of RBI in a private placement at a price per share equal to the average closing price on the New York Stock Exchange for the five trading days preceding the agreement. The purchase agreement is expected to close on November 21, 2022, subject to regulatory approval.

310M 0
Nov 03, 2022

10-Q filing | 306.0M shares outstanding

310M 0
Aug 04, 2022

10-Q filing | 308.0M shares outstanding

310M 0
May 03, 2022

10-Q filing | 309.0M shares outstanding

310M 0
Feb 23, 2022

10-K filing | 310.0M shares outstanding

310M 0
Oct 25, 2021

10-Q filing | 311.0M shares outstanding

310M 0
Aug 06, 2021

8-K filing: Restaurant Brands International Inc. entered into an underwriting agreement with Morgan Stanley & Co. LLC as the underwriter relating to the sale of 9,608,744 common shares of RBI by HL1 17 LP, an affiliate of 3G Capital Partners LP, at a price of $63.72 per Common Share.

310M 0
Jul 30, 2021

10-Q filing | 307.0M shares outstanding

310M 0
Apr 30, 2021

10-Q filing | 306.0M shares outstanding

310M 0
Feb 23, 2021

10-K filing | 302.0M shares outstanding

300M 0
Oct 28, 2020

10-Q filing | 303.0M shares outstanding

300M 0
Aug 06, 2020

10-Q filing | 301.0M shares outstanding

300M 0
May 01, 2020

10-Q filing | 299.0M shares outstanding

300M 0
Feb 21, 2020

10-K filing | 268.0M shares outstanding

270M 0
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