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Free cash flow margin at other companies

Wendy's logo
Wendy'sWEN
10.1%-0.9pp
McDonald's logo
McDonald'sMCD
25.6%-0.4pp
Nathan's Famous logo
Nathan's FamousNATH
11%-5.9pp
Starbucks logo
StarbucksSBUX
9.5%
Yum! Brands logo
Yum! BrandsYUM
19.3%-0.1pp
El Pollo Loco logo
El Pollo LocoLOCO
5.4%+0.8pp

Other financials

Income statement

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Revenue$2.5B+4.6%
Gross profit$1.1B+8.9%
Operating income$716.0M+48.2%
Net income$665.0M+153%
EPS (diluted)$1.45+154%

Balance sheet

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Cash & equivalents$1.1B+3.6%
Total debt$15.6B-2.0%
Total equity$3.9B+16.1%
Total assets$25.0B-2.6%

Cash flow

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Operating cash flow$530.0M+18.0%
CapEx$51.0M+34.2%
Free cash flow$479.0M+16.5%

Valuation

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Market cap$25.85B+15.0%
Enterprise value$40.4B+8.1%
P/E15.2×-3.5×
P/S2.7×+0.2×

Profitability

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Gross margin65.3%+0.9pp
Operating margin26.9%+3.5pp
Net margin17.5%+4.3pp

Returns & leverage

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Return on equity47.5%+9.8pp
Debt / equity4.1×-0.7×
Current ratio0.0×

Where this comes from

Calculated from Restaurant Brands International’s reported figures.

Based on trailing twelve months.

The source filing: Restaurant Brands International’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001618756-26-000045

FAQ

What is Restaurant Brands International's free cash flow margin?
Restaurant Brands International (QSR) reported free cash flow margin of 16.8% in Q2 2026.
How has Restaurant Brands International's free cash flow margin changed year-over-year?
Restaurant Brands International's free cash flow margin increased by 13.2% year-over-year, from 14.9% to 16.8%.
What is the long-term trend for Restaurant Brands International's free cash flow margin?
Over 5 years (2020 to 2025), Restaurant Brands International's free cash flow margin has grown at a -1.0% compound annual growth rate (CAGR), from 16.2% to 15.4%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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