DOWNLOAD THE FULL REPORT HERE

GO TO THE CHARTS:

• Chicken
• Sandwich
• Burger
• Pizza
• Global
• Snack
• 50 QSR Contenders for 2023
• The Recap
• Check out the FSR 30

2022 Rank	Company	Category	2022 US Systemwide Sales Millions	2022 Average Sales Per Unit Thousands	2022 Franchised Licensed Units	2022 Company Units	2022 Total Units	Total Change in Units from 2021
1	McDonald's	Burger	48734	3625	12751	693	13444	6
2	Starbucks*	Snack	28100	1680	6608	9265	15873	429
3	Chick-fil-A*	Chicken	18814	6710	2764	73	2837	153
4	Taco Bell	Global	13850	1900	6734	464	7198	196
5	Wendy's	Burger	11694	1973	5591	403	5994	56
6	Dunkin'	Snack	11279	1200	9339	31	9370	126
7	Subway*	Sandwich	10372	510	20576	0	20576	-571
8	Burger King	Burger	10278	1508	6993	50	7043	-61
9	Domino's	Pizza	8752	1309	6400	286	6686	126
10	Chipotle	Global	8600	2800	0	3129	3129	211
11	Panera Bread*	Sandwich	6787	3230	1156	946	2102	-33
12	Pizza Hut	Pizza	5500	1033	6540	21	6561	13
13	Sonic Drive-In	Burger	5499	1600	3221	325	3546	-6
14	Panda Express	Global	5348	2385	165	2193	2358	87
15	KFC	Chicken	5100	1341	3872	46	3918	-35
16	Popeyes Louisiana Kitchen	Chicken	5001	1823	2905	41	2946	169
17	Dairy Queen	Snack	4579	1063	4305	2	4307	-32
18	Arby's	Sandwich	4535	1300	2305	1110	3415	6
19	Jack in the Box	Burger	4111	1837	2034	146	2180	-38
20	Papa Johns	Pizza	3698	1169	2854	522	3376	37
21	Little Caesars*	Pizza	3520	860	3599	574	4173	-14
22	Whataburger	Burger	3340	3725	140	785	925	52
23	Raising Cane's	Chicken	3118	5440	25	621	646	79
24	Culver's	Burger	2830	3280	886	6	892	56
25	Jersey Mike's	Sandwich	2680	1210	2379	18	2397	297
26	Wingstop	Chicken	2382	1606	1678	43	1721	187
27	Zaxby's	Chicken	2380	2590	776	146	922	11
28	Jimmy John's	Sandwich	2364	900	2597	40	2637	-26
29	Five Guys	Burger	2204	1718	831	578	1409	19
30	Hardee's	Burger	2020	1168	1512	195	1707	45
31	Bojangles	Chicken	1600	2088	501	281	788	15
32	Carl's Jr.	Burger	1555	1463	1020	48	1068	1
33	Dutch Bros	Snack	1163	1924	275	396	671	133
34	Firehouse Subs	Sandwich	1154	924	1149	38	1187	23
35	In-N-Out Burger*	Burger	1125	2970	0	379	379	12
36	Tropical Smoothie Café	Snack	1075	993	1197	1	1198	159
37	El Pollo Loco	Chicken	1039	2100	302	188	490	10
38	Crumbl Cookies	Snack	1004	1839	687	1	688	363
39	QDOBA	Global	1002	1500	459	269	728	-11
40	Shake Shack*	Burger	994	3800	33	254	287	44
41	Krispy Kreme*	Snack	991	2760	57	295	352	44
42	Marco's Pizza	Pizza	968	951	1023	44	1067	65
43	Del Taco	Global	957	1618	301	290	591	-9
44	McAlister's Deli	Sandwich	956	1923	493	32	525	20
45	Checkers/Rally's	Burger	858	996	551	255	806	28
46	Freddy's Frozen Custard & Steakburgers	Burger	808	1840	427	29	456	36
47	Church's Chicken	Chicken	765	935	654	158	812	-91
48	Papa Murphy's	Pizza	753	632	1145	23	1168	-72
49	Moe's	Global	705	1159	636	1	637	-21
50	Baskin-Robbins	Snack	685	300	2253	0	2253	-54

About the QSR 50/

The QSR 50 is an annual ranking of limited-service restaurant companies by U.S. system-wide sales. QSR magazine collected information directly from restaurant companies from March to May 2023, and also partnered with Circana, a leading adviser on the complexity of consumer behavior. Circana leveraged multiple data products and services from its research product portfolio, combined with experienced analyst estimates. Sales estimates represent each chain’s total U.S. system for the year ending December 2022, and were anchored on CREST, Circana’s flagship syndicated study of consumer purchases of restaurant prepared meals, snacks, and beverages. Unit counts source to the fall 2022 release of Circana’s ReCount service, a census of chains and independent restaurant locations regularly updated since 1988. Today, ReCount provides unit counts and trends for over 1.2 million foodservice operators. These primary sources, combined with other proprietary Circana data, public reporting, and analysis, generate this new, industry-standard restaurant ranking.

* indicates figures estimated by QSR and Circana.