Restaurant Brands International

QSR • NYSE • Stock Fundamentals

Restaurant Brands International is one of the world's largest quick service restaurant companies, operating a global portfolio of iconic brands. The company primarily utilizes a franchise-heavy business model to scale its presence across more than 120 countries and territories. Its core value proposition centers on delivering quality food, service excellence, and guest convenience through a mix of franchised and company-owned locations.

Market Cap$26.3B

Revenue TTM$9.6B

Net Income TTM$1.3B

P/E Ratio20.22

Net Margin13.55%

EPS TTM$2.83

Free Cash Flow TTM$1.6B

Employees9.0K

CEOJoshua Kobza

CountryCanada

Consumer Cyclical

Restaurants

SegmentsRestaurants, Quick Service Restaurants (QSR), Food and Beverage

Business ModelsFranchising, Manufacturing and Supply Chain, Real Estate Leasing

Most Recent EarningsMay 6, 2026 · 14 days agoQ1 2026

Next EarningsAug 6, 2026 · in 3 monthsBefore Market Open · Q2 2026

Income Statement Balance Sheet Cash Flow Segments

Financials

Based on Q1 2026 filing

View all metrics

Op. Margin24.75%

ROE37.88%

D/E418.06%

Current Ratio0.989

Total Debt$15.6B

Cash$1.0B

CapEx TTM$259.0M

Revenue

Gross Profit

Net Income

Operating Cash Flow

Free Cash Flow

EPS (Diluted)

Business Segments

View segment metrics

Burger King

primary

Operations of the world's second-largest quick service hamburger restaurant chain. This segment focuses on flame-grilled products and is a primary revenue driver for the company's global system-wide sales.

Products

Whopper, Flame-grilled hamburgers, Chicken sandwiches, Specialty sandwiches

Customers

Individual consumers, Franchisees

Tim Hortons

major

Operations of the Tim Hortons brand, which is a leading coffee and baked goods chain in North America. The segment includes significant supply chain operations such as coffee roasting and manufacturing of fondants and syrups.

Products

Coffee, Baked Goods, Flatbread Pizzas, Sandwiches, Wraps

Customers

Individual consumers, Franchisees

Popeyes Louisiana Kitchen

major

Operations of a leading quick service chicken concept featuring a unique Louisiana-style menu. The segment includes both franchised locations and recently acquired company-owned restaurants.

Products

Fried bone-in chicken, Chicken tenders, Chicken sandwiches, Wings

Customers

Individual consumers, Franchisees

International

major

Manages the operations of all four brands outside of the United States and Canada, utilizing master franchise and development agreements to expand the global footprint.

Products

Brand-specific menu items, Master franchise rights

Customers

Master franchisees, International consumers

Firehouse Subs

moderate

Operations of a leading sandwich brand specializing in hot subs with steamed meats and cheeses. The brand focuses on high-quality ingredients and public safety philanthropy.

Products

Hot and hearty subs, Chili, Soups

Customers

Individual consumers, Franchisees

Segment Financials

BK — Number of restaurants in operation

TH — Property revenues

TH — CapEx

INTL — Advertising expenses and other services

INTL — Total revenues

INTL — Property revenues

FHS — Advertising expenses and other services

FHS — Total revenues

FHS — Segment F&P expenses

Business Overview

Competitive Position

One of the world's largest QSR companies with a dominant position in the coffee, hamburger, and chicken categories.

Geographies

United States, Canada, China, Global

Customer Segments

Mass market consumers, Franchise operators

Upstream Dependencies

Green coffee bean suppliers, Poultry and meat processors, Packaging manufacturers, Third-party logistics and distributors

Downstream Customers

Retail consumers, Franchisees, Master franchise partners

Competitors & Partners

Competitors

Yum! Brands

YUM

Competitor in chicken (KFC) and sandwich segments

McDonald's

MCD

Primary global competitor in QSR hamburger and breakfast segments

Starbucks

SBUX

Competitor in coffee and specialty beverage segments

Wendy's

WEN

Competitor in the hamburger QSR segment

Similar Companies

Sysco

SYY

Partners

Coca-Cola

KO

Volume commitment agreement for soft drink syrup

Keurig Dr Pepper

KDP

Volume commitment agreement for soft drink syrup

C

CPE Alder Investment Limited

Joint venture partner for Burger King China

Subsidiaries

T

Tim Hortons

Wholly-owned coffee and baked goods brand

B

Burger King

Wholly-owned hamburger restaurant brand

P

Popeyes

Wholly-owned chicken restaurant brand

F

Firehouse Subs

Wholly-owned sandwich restaurant brand

C

Carrols Restaurant Group

Acquired large franchisee operator

Restaurant Brands International FAQ

Common questions about Restaurant Brands International

Restaurant Brands International is one of the world's largest quick service restaurant companies, operating a global portfolio of iconic brands. The company primarily utilizes a franchise-heavy business model to scale its presence across more than 120 countries and territories. Its core value proposition centers on delivering quality food, service excellence, and guest convenience through a mix of franchised and company-owned locations.

Restaurant Brands International (QSR) has a market capitalization of $26.3B and trades on NYSE.

Restaurant Brands International generated $9.6B in trailing twelve-month revenue with net income of $1.3B, representing a net margin of 13.6%, with free cash flow of $1.6B. These figures are based on the Q1 2026 filing.

Restaurant Brands International's key competitors include Yum! Brands, Inc., McDonald's Corporation, Starbucks Corporation, and others. These companies compete in similar markets and product categories.

Restaurant Brands International has approximately 9,000 employees.