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Gross margin at other companies

Yum! Brands logo
Yum! BrandsYUM
68.9%-2.2pp
Sysco logo
SyscoSYY
18.5%+0.2pp

Other financials

Income statement

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Revenue$2.3B+7.4%
Operating income$606.0M+39.3%
Net income$445.0M+101%
EPS (diluted)$0.97+98.0%

Balance sheet

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Cash & equivalents$1.0B+12.6%
Total debt$15.6B-1.5%
Total equity$3.7B+20.1%
Total assets$24.9B

Cash flow

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Operating cash flow$227.0M+92.4%
CapEx$58.0M-9.4%
Free cash flow$169.0M+213%

Valuation

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Market cap$25.74B+18.2%
Enterprise value$40.37B+9.8%
P/E19.8×+3.5×
P/S2.7×+0.2×

Profitability

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Operating margin24.7%-1.6pp
Net margin13.5%-1.7pp

Returns & leverage

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Return on equity37.9%-6.1pp
Debt / equity4.2×-0.9×
Current ratio0.0×

Where this comes from

Calculated from Restaurant Brands International’s reported figures.

Based on trailing twelve months.

The official record: Restaurant Brands International’s 10-Q, filed May 8, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Restaurant Brands International's gross margin?
Restaurant Brands International (QSR) reported gross margin of 65.3% in Q1 2024.
How has Restaurant Brands International's gross margin changed year-over-year?
Restaurant Brands International's gross margin increased by 1.4% year-over-year, from 64.4% to 65.3%.
What is the long-term trend for Restaurant Brands International's gross margin?
Over 2 years (2021 to 2023), Restaurant Brands International's gross margin has grown at a -2.0% compound annual growth rate (CAGR), from 269.9% to 259.4%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.