What are Restaurant Brands International's profit margins?

Restaurant Brands International (QSR) runs a 65.3% gross margin and a 24.7% operating margin, with a 13.5% net margin.

Where do Restaurant Brands International's ratios come from?

Every ratio is computed from Restaurant Brands International's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Restaurant Brands International QSR Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	24.7%-1.6pp	23.3%-5.4pp	23.9%-4.5pp	23.4%-6.8pp	26.3%-3.6pp
Net margin	13.5%-1.7pp	11.4%-5.8pp	13.8%-9.0pp	13.2%-11.1pp	15.2%-9.4pp
EBITDA margin	27.9%-1.6pp	26.5%-5.4pp	27.2%-4.2pp	26.7%-6.2pp	29.6%-3.1pp
Free cash flow margin	16.3%+2.2pp	15.4%-0.1pp	15.1%-0.7pp	14.9%-0.9pp	14.1%-3.3pp
Returns
Return on equity	37.9%-6.1pp	31.9%-16.5pp	38.7%-20.2pp	37.7%-23.7pp	44%-19.8pp
Return on assets	5.2%-0.4pp	4.3%-1.7pp	5%-2.5pp	4.8%-2.8pp	5.6%-2.2pp
Return on invested capital	9.9%-0.5pp	8.8%-2.6pp	9.4%-3.9pp	8.9%-4.3pp	10.5%-2.8pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×+0.1×
Liquidity
Current ratio	1×0.0×	1×0.0×	1.1×0.0×	1×+0.2×	1×-0.1×
Quick ratio	0.9×0.0×	0.9×0.0×	1×0.0×	1×+0.2×	0.9×-0.1×
Cash ratio	0.5×+0.1×	0.4×-0.2×	0.4×-0.1×	0.4×0.0×	0.3×-0.2×
Leverage
Debt-to-equity	4.2×-0.9×	4.3×-0.8×	4.7×-0.2×	4.8×-0.4×	5.1×+0.2×
Debt-to-assets	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×
Net debt / EBITDA	5.5×-0.3×	5.8×+0.4×	5.8×-0.1×	6.1×0.0×	5.8×+0.1×
Per Share
Book value per share	$8.15+19.3%	$7.95+16.1%	$7.40+3.8%	$7.26+7.2%	$6.83+4.3%
Valuation
Market capitalization	$25.61B+18.2%	$23.57B+11.7%	$21.03B-8.0%	$21.46B-2.9%	$21.66B-13.2%
Enterprise value	$40.24B+9.8%	$38.09B+6.7%	$35.62B-5.3%	$36.37B-1.9%	$36.64B-4.4%
Price / earnings	19.7×+3.5×	21.9×+7.3×	16.4×+3.8×	17.9×+5.7×	16.2×+2.1×
Price / sales	2.7×+0.2×	2.5×0.0×	2.3×-0.6×	2.4×-0.6×	2.5×-1.0×
Price / book	6.8×-0.1×	6.5×-0.3×	6.2×-0.8×	6.5×-0.7×	7×-1.5×
EV / EBITDA	15×+0.9×	15.2×+1.9×	14.2×-1.0×	14.9×-0.1×	14.1×-2.2×
EV / sales	4.2×0.0×	4×-0.2×	3.8×-0.9×	4×-1.0×	4.2×-1.2×
Free cash flow yield	6.1%+0.4pp	6.1%0.0pp	6.7%+1.2pp	6.3%+1.0pp	5.7%+0.7pp
Earnings yield	5.1%-1.1pp	4.6%-2.3pp	6.1%-1.8pp	5.6%-2.6pp	6.2%-0.9pp
Dividend yield	4.4%-0.4pp	4.7%-0.2pp	5.2%+0.7pp	5%+0.4pp	4.8%+0.9pp

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Questions, answered.

What are Restaurant Brands International's profit margins?: Restaurant Brands International (QSR) runs a 65.3% gross margin and a 24.7% operating margin, with a 13.5% net margin.
Where do Restaurant Brands International's ratios come from?: Every ratio is computed from Restaurant Brands International's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.