Tim Hortons
Restaurant Brands International · QSR · EST. 1964 · Toronto, Ontario
US UNITS6482025 record · QSR Pro estimates
GLOBAL UNITS5,6002025 record · QSR Pro estimates
FRANCHISED %90%2025 record · QSR Pro estimates
01Our Coverage
Latest
Restaurant Brands International's 2028 Growth Algorithm: Can Burger King, Tim Hortons, and Popeyes Deliver?
RBI has reaffirmed its target of 8%-plus organic operating income growth through 2028 and plans to return $1.6 billion to shareholders in 2026. With Burger King's turnaround still proving itself, Tim Hortons expanding internationally, and Popeyes moderating, the question is whether the math works.
Mar 24, 2026
Why Tim Hortons Keeps Failing in the US (Despite Dominating Canada)Nov 5, 2025Popeyes Appoints Chris Padoan as COO, Expands Field Team 75% in Turnaround PushMar 24, 2026RBI Insiders Dump $32 Million in Stock as QSR Hits 12-Month HighMar 24, 2026Wonder's $7 Billion Bet: How Marc Lore's Food Hall Model Is Rewriting the Multi-Brand PlaybookMar 24, 2026The Restaurant CEO Pay Gap: What Top Chain Executives Earn vs. the Workers Serving the FoodMar 24, 2026Smithfield Foods Acquires Nathan's Famous for $450 Million: What Vertical Integration Means for QSR Supply ChainsMar 24, 2026Applebee's and IHOP Under One Roof: Inside Dine Brands' 900-Location Dual-Brand GambleMar 24, 2026Popeyes Is in Trouble: Sales Down Four Straight Quarters, Its Biggest Franchisee Just Filed BankruptcyMar 24, 2026Chick-fil-A’s UK plan combined local operators and licensed sitesMar 24, 2026How to Open a Popeyes FranchiseMar 21, 2026Coffee Prices Hit Record Highs and QSR Chains Are Scrambling: Inside the 2026 Global Coffee CrisisMar 20, 2026
02About the Brand
Canadian coffee and donut chain with growing US presence
618
2019
609
2020
613
2021
615
2022
631
2023
635
2024
648
2025
RECORD YEARS AND SOURCE LABELS BELOW
Records can refer to different reporting dates within a year. Estimates are identified in the source labels; these records are not a like-for-like growth calculation.
- 2019
- QSR Pro estimates
- 2020
- QSR Pro estimates
- 2021
- QSR Pro estimates
- 2022
- QSR Pro estimates
- 2023
- QSR Pro estimates
- 2024
- QSR Pro estimates
- 2025
- QSR Pro estimates
QSR Pro Advisory
Talk to AdvisoryEvaluating a Tim Hortons franchise?
Our advisory desk models unit economics, territory, and FDD terms before you sign anything.