Restaurant Brands International QSR Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 97%-20.3pp | 117.3%+3.5pp | 113.9%-9.7pp | 123.6%-3.6pp | |
| Net margin | 53.7%-35.3pp | 89%+0.8pp | 88.2%+2.5pp | 85.7%+8.6pp | |
| Returns | |||||
| Return on equity | 152.2%-80.2pp | 232.5%-2.6pp | 235.1%+9.9pp | 225.2%+44.5pp | |
| Return on invested capital | 37.5%-13.7pp | 51.2%+2.4pp | 48.8%+2.2pp | 46.6%+3.2pp | |
| Efficiency | |||||
| Asset turnover | 1.5×+0.2× | 1.3×+0.1× | 1.2×+0.1× | 1.1×+0.1× | |
| Liquidity | |||||
| Current ratio | 4×+0.2× | 3.8×-0.4× | 4.3×+0.5× | 3.8×-1.7× | |
| Leverage | |||||
| Debt-to-equity | 18.9×-1.2× | 20.1×-0.5× | 20.6×-4.3× | 24.9×+1.4× | |
| Net debt / EBITDA | 23.5×+0.3× | 23.2×-1.6× | 24.8×-0.7× | 25.5×-0.8× | |
| Per Share | |||||
| Book value per share | $29.44+7.8% | $27.30+11.5% | $24.50+19.8% | $20.45-1.8% | |
| Valuation | |||||
| Market capitalization | $87.72B-3.6% | $91B+0.4% | $90.66B+6.2% | $85.4B-1.8% | |
| Price / earnings | 72.4×+18.9× | 53.5×-6.9× | 60.3×-4.6× | 65×-18.7× | |
| Price / sales | 9.6×-2.2× | 11.8×-1.4× | 13.3×-0.5× | 13.8×-2.2× | |
| Price / book | 26.1×-3.3× | 29.5×-2.9× | 32.4×-4.4× | 36.8×+0.6× | |
| EV / EBITDA | 58.4×-1.4× | 59.9×-7.4× | 67.3×+1.4× | 65.9×-5.6× | |
| Dividend yield | 19.7%+1.8pp | 17.8%+0.4pp | 17.4%-1.4pp | 18.8%+1.8pp |
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.
