Skip to content
FY'25FY'24FY'23FY'22
Profitability
Operating margin23.3%-5.4pp28.8%-0.4pp29.2%0.0pp29.2%-3.6pp
Net margin11.4%-5.8pp17.2%-7.3pp24.5%+1.7pp22.8%+0.9pp
EBITDA margin26.5%-5.4pp31.9%0.0pp31.9%-0.2pp32.1%-4.1pp
Free cash flow margin15.4%-0.1pp15.5%-1.6pp17.1%-4.2pp21.4%-6.9pp
Returns
Return on equity31.9%-16.5pp48.4%-15.7pp64%+1.5pp62.6%+5.7pp
Return on assets4.3%-1.7pp6%-1.4pp7.4%+1.0pp6.4%+1.0pp
Return on invested capital8.8%-2.6pp11.4%-1.4pp12.8%+0.8pp12.1%+0.7pp
Efficiency
Asset turnover0.4×0.0×0.4×0.0×0.3×0.0×0.3×0.0×
Liquidity
Current ratio0.0×0.0×0.0×0.0×
Quick ratio0.9×0.0×0.9×0.0×0.9×0.0×0.9×0.0×
Cash ratio0.4×-0.2×0.6×0.0×0.5×0.0×0.6×0.0×
Leverage
Debt-to-equity4.3×-0.8×5.1×+0.1×-0.7×5.8×-0.7×
Debt-to-assets0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×
Net debt / EBITDA5.8×+0.4×5.4×-0.5×5.9×-0.4×6.4×-0.1×
Per Share
Book value per share$7.95+16.1%$6.85+9.0%$6.29+14.4%$5.49+13.9%
Valuation
Market capitalization$23.57B+11.7%$21.1B-13.7%$24.45B+23.6%$19.79B-28.8%
Enterprise value$38.09B+6.7%$35.69B-5.6%$37.79B+14.3%$33.05B-19.9%
Price / earnings21.9×+7.3×14.6×+0.4×14.2×+0.9×13.4×-8.8×
Price / sales2.5×0.0×2.5×-1.0×3.5×+0.4×-1.8×
Price / book6.5×-0.3×6.8×-1.7×8.5×+0.6×7.9×-4.5×
EV / EBITDA15.2×+1.9×13.3×-3.5×16.9×+1.0×15.8×-4.0×
EV / sales-0.2×4.2×-1.1×5.4×+0.3×5.1×-2.1×
Free cash flow yield6.1%0.0pp6.2%+1.3pp4.9%-2.1pp7%+1.2pp
Earnings yield4.6%-2.3pp6.8%-0.2pp7%-0.5pp7.5%+3.0pp
Dividend yield4.7%-0.2pp4.9%+0.8pp4%-0.9pp4.9%+1.4pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

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.