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Restaurant Brands International QSR Return on invested capital

Return on invested capital at other companies

Wendy's logo
Wendy'sWEN
6.1%-0.9pp
McDonald's logo
McDonald'sMCD
25.3%+5.5pp
Nathan's Famous logo
Nathan's FamousNATH
170.6%-52.1pp
Starbucks logo
StarbucksSBUX
14%-5.5pp
El Pollo Loco logo
El Pollo LocoLOCO
6.8%+0.2pp
Wingstop logo
WingstopWING
39.6%-1.6pp

Other financials

Income statement

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Revenue$2.3B+7.3%
Gross profit$1.1B+8.9%
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$24.9B0.0%

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$25.68B+13.4%
Enterprise value$40.32B+7.3%
P/E19.8×+0.9×
P/S2.7×+0.2×

Profitability

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Gross margin65.3%+0.9pp
Operating margin24.7%-1.6pp
Net margin13.5%-1.7pp
FCF margin16.3%+2.2pp

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 source filing: Restaurant Brands International’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 4:24 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001618756-26-000029

FAQ

What is Restaurant Brands International's return on invested capital?
Restaurant Brands International (QSR) reported return on invested capital of 9.9% in Q1 2026.
How has Restaurant Brands International's return on invested capital changed year-over-year?
Restaurant Brands International's return on invested capital decreased by 4.9% year-over-year, from 10.5% to 9.9%.
What is the long-term trend for Restaurant Brands International's return on invested capital?
Over 5 years (2020 to 2025), Restaurant Brands International's return on invested capital has grown at a -0.6% compound annual growth rate (CAGR), from 9% to 8.8%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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