The Business Study

Home/Compare/McDonald's vs Restaurant Brands International

McDonald's vs Restaurant Brands International: who makes more money?

McDonald's is bigger: $26.9 billion in revenue against $9.4 billion for Restaurant Brands International, about 2.8 times as much. It also keeps more of each sale: $31.85 of every $100 versus $11.39. Across 5 rounds from their latest annual reports, McDonald's wins 4.

From each company's latest Form 10-K: McDonald's (year ended December 31, 2025) and Restaurant Brands International (year ended December 31, 2025). Page updated November 8, 2026.

4McDonald's
–
1Restaurant Brands International

Revenue Money coming in

McDonald'sWins
$26.9 billion
Restaurant Brands International
$9.4 billion

Net profit After every cost and tax

McDonald'sWins
$8.6 billion
Restaurant Brands International
$1.1 billion

Kept per $100 of sales Profit margin

McDonald'sWins
$31.85
Restaurant Brands International
$11.39

Employees As each 10-K states it

McDonald'sMore
150,000
Restaurant Brands International
53,500

Revenue per employee Revenue ÷ employees

McDonald'sWins
$179,233
Restaurant Brands International
$176,336

Growth over 5 years Revenue, first to latest year shown

McDonald's
+40%
Restaurant Brands InternationalWins
+90%

How each one makes its money.

McDonald's

McDonald's mostly earns rent and royalties from franchisees who run the restaurants, plus sales from the restaurants it runs itself.

Big international markets$13.6B51% of total
United States$10.8B40% of total
Licensed markets$2.4B9% of total
How McDonald's makes money
Restaurant Brands International

Restaurant Brands International owns Burger King, Tim Hortons, Popeyes and Firehouse Subs and mostly collects franchise royalties and rent.

Restaurant Brands International owns Burger King, Tim Hortons, Popeyes and Firehouse Subs and mostly collects franchise royalties and rent. Its 10-K does not split revenue into separate lines.

How Restaurant Brands International makes money

Quick answers.

Who makes more money, McDonald's or Restaurant Brands International?

McDonald's: $26.9 billion in revenue against $9.4 billion.

Which is more profitable, McDonald's or Restaurant Brands International?

McDonald's keeps more of each dollar ($31.85 of every $100). In total profit, McDonald's made more: $8.6 billion.

Which has more employees, McDonald's or Restaurant Brands International?

McDonald's, with about 150,000 against 53,500.

Swap in another company

Sources: McDonald's Corporation Form 10-K and Restaurant Brands International Inc. Form 10-K on SEC EDGAR. Fiscal years can end in different months, so each side uses its own latest year. Profit means net income.