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QSRRestaurant Brands International Inc.
$73.94$25.6B
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QSR logoRestaurant Brands International Inc.(QSR)Earnings, Financials & Key Ratios

QSR•NYSE
$73.94
31.5× P/E·Price updated Jul 7, 2026
SectorConsumer CyclicalIndustryRestaurantsSub-IndustryQuick-Service Restaurant Franchisors
AboutRestaurant Brands International Inc. operates as quick service restaurant company in Canada and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and others. It is also involved in owning and franchising BK, a fast food hamburger restaurant chain, which offers flame-grilled hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, and other food items; and PLK quick service restaurants that provide Louisiana style fried chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other regional items. In addition, the company owns and franchises FHS restaurants quick service restaurants that offer subs, soft drinks, and local specialties. As of February 15, 2022, the company had approximately 29,000 restaurants in 100 countries under the Tim Hortons, Burger King, Popeyes, And Firehouse Subs brands. Restaurant Brands International Inc. was founded in 1954 and is headquartered in Toronto, Canada.Show more
  • Revenue$9.43B+12.2%
  • EBITDA$2.46B-8.2%
  • Net Income$776M-24.0%
  • EPS (Diluted)2.35-26.1%
  • Gross Margin41.09%+14.2%
  • EBITDA Margin26.1%-18.2%
  • Operating Margin23.72%-17.6%
  • Net Margin8.23%-32.3%
  • ROE15.52%-27.3%

QSR Price & Volume

Restaurant Brands International Inc. (QSR) stock price & volume — 10-year historical chart

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Volatile Margin Performance Masks Structural Debt Risks

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Strained
Cash Flow:Mixed
Primary Risk:High leverage and refinancing

Key Thesis Takeaways

  • Restaurant Brands International faces a complex outlook characterized by inconsistent organic growth and significant reliance on debt-funded expansion.
  • While the company maintains a stable dividend policy, the high leverage profile and sensitivity to commodity costs in its supply chain create substantial operational risks.
  • Investors should monitor the sustainability of cash flows, as the current debt-to-equity ratio of 3.41 and fluctuating operating margins suggest limited flexibility for future capital-intensive initiatives.

Verdict Logic

while the company offers a 3.3% dividend yield, the high debt-to-equity ratio of 3.41 and inconsistent free cash flow margins, which dropped as low as 2.6% in 2025Q1, warrant a cautious approach.

QSR Growth Metrics

Restaurant Brands International Inc. (QSR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.82%
5 Years13.68%
3 Years13.19%
TTM9.26%

Profit CAGR

10 Years7.54%
5 Years9.81%
3 Years-8.35%
TTM0.53%

EPS CAGR

10 Years16.74%
5 Years7.99%
3 Years-10.24%
TTM-6.14%

Return on Capital

10 Years9.45%
5 Years9.75%
3 Years10.29%
Last Year9.95%

QSR Recent Earnings

Restaurant Brands International Inc. (QSR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 6, 2026
Metric
Actual
Est
EPS
$0.86+3.9%
$0.83
Rev
$2.3B+0.9%
$2.2B
Q1 2026
Feb 12, 2026
Metric
Actual
Est
EPS
$0.96+1.4%
$0.95
Rev
$2.5B+2.3%
$2.4B
Q4 2025
Oct 30, 2025
Metric
Actual
Est
EPS
$1.03+3.2%
$1.00
Rev
$2.4B+2.4%
$2.4B
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.94-2.9%
$0.97
Rev
$2.4B+2.9%
$2.3B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$0.86vs $0.83+3.9%
$2.3Bvs $2.2B+0.9%
Q1 2026Feb 12, 2026
$0.96vs $0.95+1.4%
$2.5Bvs $2.4B+2.3%
Q4 2025Oct 30, 2025
$1.03vs $1.00+3.2%
$2.4Bvs $2.4B+2.4%
Q3 2025Aug 7, 2025
$0.94vs $0.97-2.9%
$2.4Bvs $2.3B+2.9%
Based on last 12 quarters of dataView full earnings history →

Latest QSR News

Recent stock market news and headlines for Restaurant Brands International Inc. (QSR)

Newsfile Corp·2 days ago
Happy Belly Food Group's Heal Wellness QSR Secures a Real Estate Location in the City of Collingwood, Ontario

Toronto, Ontario--(Newsfile Corp. - July 6, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging restaurant brands, is pleased to announce that further to its press release on September 15th, 2025, announcing a franchisee for the city of Collingwood, it has now secured a real-estate location for that franchisee with a planned opening for fall 2026. Heal Wellness ("Heal") is a fast-growing quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, and smoothies, built around clean ingredients and a better-for-you lifestyle.

MarketBeat·6 days ago
Burger King's Turnaround Is Putting Restaurant Brands Back in Focus

Restaurant Brands International TodayQSRRestaurant Brands International$72.45 -0.80 (-1.09%) As of 06/30/2026 03:59 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$61.33▼$81.96Dividend Yield3.59%P/E Ratio25.51Price Target$83.54Add to WatchlistInvestors could be forgiven if they thought Restaurant Brands International NYSE: QSR was just another holding company for aging fast-food brands.

The Motley Fool·Jun 27, 2026
Restaurant Brands International vs. McDonald's: Comparing Revenue Trends for These Fast-Food Giants

McDonald's consistently generates a much higher volume of quarterly revenue than Restaurant Brands International across all observed reporting periods. Both companies experience a consistent quarter-over-quarter seasonal pattern over the last eight periods, where total revenue generally peaks during the third calendar quarter before declining into the first quarter.

PRNewsWire·Jun 23, 2026
Restaurant Brands International to Report Second Quarter 2026 Results on August 6, 2026

MIAMI, June 23, 2026 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (NYSE: QSR) (TSX: QSR) (TSX: QSP) will release its second quarter 2026 financial results on Thursday, August 6, 2026, and will host an investor conference call that morning at 8:30 a.m. Eastern Time.

Newsfile Corp·Jun 18, 2026
Happy Belly Food Group's Heal Wellness QSR Announces the Grand Opening of its Newest Location in Shawnessey Village, Calgary, Alberta

Toronto, Ontario--(Newsfile Corp. - June 18, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging restaurant brands, is pleased to announce the grand opening of its newest Heal Wellness location located at #120 70 Shawville BV SE in Shawnessey Village, Calgary, Alberta, this Saturday, June 20th, 2026. Heal Wellness is a fast-growing quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, smoothies, and other better-for-you menu offerings built around clean ingredients and an active lifestyle.

Peers Comparison

Key metrics vs top competitors for Restaurant Brands International Inc. (QSR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
QSR logoQSRRestaurant Brands International Inc.Current
$73.94$25.62B31.4612.23%8.23%15.52%3.28%
MCD logoMCDMcDonald's Corporation
$282.21$200.51B23.623.72%31.62%——
YUM logoYUMYum! Brands, Inc.
$167.49$46.3B30.128.81%20.48%——
WEN logoWENThe Wendy's Company
$7.78$1.48B9.15-3.1%7.81%150.73%—
JACK logoJACKJack in the Box Inc.
$15.68$299.07M-3.72-6.75%2.82%——
DENN logoDENNDenny's Corporation
$6.25$321.87M15.24-2.5%2.24%——

Compare QSR vs Peers

Restaurant Brands International Inc. (QSR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MCD

Most directly comparable listed peer for QSR.

Scale Benchmark

vs UBER

Larger-name benchmark to compare QSR against a more recognizable public peer.

Peer Set

Compare Top 5

vs MCD, YUM, WEN, JACK

QSR SEC Filings & Documents

Restaurant Brands International Inc. (QSR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Feb 12, 2026·SEC

Material company update

Nov 14, 2025·SEC

10-K Annual Reports

2
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 21, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

May 6, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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QSR Frequently Asked Questions

Restaurant Brands International Inc. (QSR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Restaurant Brands International Inc.'s revenue?

Restaurant Brands International Inc. (QSR) reported $9.59B in revenue for fiscal year 2025. This represents a 387% increase from $1.97B in 2012.

How fast is Restaurant Brands International Inc. growing?

Restaurant Brands International Inc. (QSR) grew revenue by 12.2% over the past year. This is steady growth.

Is QSR profitable?

Yes, Restaurant Brands International Inc. (QSR) is profitable, generating $955.0M in net income for fiscal year 2025 (8.2% net margin).

Dividend & Returns
Does QSR pay dividends?

Yes, Restaurant Brands International Inc. (QSR) pays a dividend with a yield of 3.28%. This makes it attractive for income-focused investors.

What is QSR's return on equity?

Restaurant Brands International Inc. (QSR) has a return on equity (ROE) of 15.5%. This is reasonable for most industries.

What is Restaurant Brands International Inc.'s free cash flow?

Restaurant Brands International Inc. (QSR) generated $1.51B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in QSR back in 2012?

Total return calculator · dividends reinvested · 14+ years of data

See returns →