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Operating margin at other companies

McDonald's logo
McDonald'sMCD
46.3%+1.0pp
Starbucks logo
StarbucksSBUX
7.6%-4.9pp
Yum! Brands logo
Yum! BrandsYUM
31.5%0.0pp
Sysco logo
SyscoSYY
3.6%-0.3pp

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$25.48B+18.2%
Enterprise value$40.12B+9.8%
P/E19.6×+3.5×
P/S2.7×+0.2×

Profitability

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Gross margin65.3%+0.9pp
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 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Restaurant Brands International's operating margin?
Restaurant Brands International (QSR) reported operating margin of 24.7% in Q1 2026.
How has Restaurant Brands International's operating margin changed year-over-year?
Restaurant Brands International's operating margin decreased by 6.0% year-over-year, from 26.3% to 24.7%.
What is the long-term trend for Restaurant Brands International's operating margin?
Over 4 years (2021 to 2025), Restaurant Brands International's operating margin has grown at a -6.6% compound annual growth rate (CAGR), from 127.2% to 97%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.