Tim Hortons Revenue
Net Revenue & systemwide sales of Tim Hortons 2012-2021
Amounts are in $millions.
Year | Net Revenues (millions |
2021 | $3,342 |
2020 | $2,810 |
2019 | $3,344 |
2018 | $3,292 |
2017 | $3,155 |
2016 | $3,001.4 |
2015 | $2,956.9 |
2014 | $143.6 |
2021: The net revenues of Tim Hortons in 2021 increased to $3,342 million compared to $2,810 million in 2020. Tim Hortons generated $2,249 million from product sales, $864 million from franchise and property as well as $229 million in the form of advertising revenues. Tim Hortons has expanded its physical footprint in 2021 by 342 stores compared to previous fiscal. The number of 'TH' restaurant stores in 2021 was 5,291 compared to 4,949 in 2020.
Tim Horton Systemwide Sales 2012-2021
Year | Systemwide sales (Millions) |
2021 | $6,526 |
2020 | $5,488 |
2019 | $6,716 |
2018 | $ 6,869 |
2017 | $ 6,717 |
2016 | $ 6,405 |
2015 | $ 6,349.8 |
2014 | $ 6,616.0 |
2013 | $ 6,606.7 |
2012 | $ 6,447.3 |
2021: In fiscal 2021, the total systemwide sales of Tim Hortons reached $6.53 billion compared to $5.5 billion in 2020. Its systemwide sales grew by 12.5% in 2021 compared to 2020
Tim Hortons is a subsidiary brand of Restaurant Brands International. It was founded in 1964 and is one of the largest restaurant chains in North America and the largest in Canada. As of December 2018, Tim Hortons had 4,846 total restaurants. The total systemwide sales generated by Tim Hortons including franchised sales and company sales reached $6.9 Billion in 2018 rising from $6.7 Billion previous year.