RESTAURANT BRANDS INTERN (QSR) Stock Fundamental Analysis

NYSE:QSR • CA76131D1033

68.81 USD
+1.28 (+1.9%)
At close: Feb 24, 2026
68.81 USD
0 (0%)
After Hours: 2/24/2026, 8:04:00 PM
Fundamental Rating

4

QSR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 126 industry peers in the Hotels, Restaurants & Leisure industry. While QSR is still in line with the averages on profitability rating, there are concerns on its financial health. QSR has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year QSR was profitable.
  • In the past year QSR had a positive cash flow from operations.
  • QSR had positive earnings in each of the past 5 years.
  • In the past 5 years QSR always reported a positive cash flow from operatings.
QSR Yearly Net Income VS EBIT VS OCF VS FCFQSR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

1.2 Ratios

  • QSR has a Return On Assets (3.03%) which is in line with its industry peers.
  • The Return On Equity of QSR (21.35%) is better than 78.57% of its industry peers.
  • QSR has a Return On Invested Capital of 8.21%. This is in the better half of the industry: QSR outperforms 65.08% of its industry peers.
  • QSR had an Average Return On Invested Capital over the past 3 years of 7.58%. This is below the industry average of 10.66%.
  • The last Return On Invested Capital (8.21%) for QSR is above the 3 year average (7.58%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.03%
ROE 21.35%
ROIC 8.21%
ROA(3y)4.09%
ROA(5y)4.06%
ROE(3y)31.9%
ROE(5y)34.7%
ROIC(3y)7.58%
ROIC(5y)7.36%
QSR Yearly ROA, ROE, ROICQSR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • Looking at the Profit Margin, with a value of 8.23%, QSR is in the better half of the industry, outperforming 68.25% of the companies in the same industry.
  • QSR's Profit Margin has declined in the last couple of years.
  • The Operating Margin of QSR (26.15%) is better than 92.06% of its industry peers.
  • In the last couple of years the Operating Margin of QSR has declined.
  • The Gross Margin of QSR (54.13%) is better than 63.49% of its industry peers.
  • In the last couple of years the Gross Margin of QSR has declined.
Industry RankSector Rank
OM 26.15%
PM (TTM) 8.23%
GM 54.13%
OM growth 3Y-8.91%
OM growth 5Y-6.21%
PM growth 3Y-19.03%
PM growth 5Y-3.41%
GM growth 3Y-5.68%
GM growth 5Y-4.36%
QSR Yearly Profit, Operating, Gross MarginsQSR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

2

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), QSR is creating some value.
  • QSR has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for QSR has been increased compared to 5 years ago.
  • QSR has a better debt/assets ratio than last year.
QSR Yearly Shares OutstandingQSR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
QSR Yearly Total Debt VS Total AssetsQSR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

2.2 Solvency

  • QSR has an Altman-Z score of 1.39. This is a bad value and indicates that QSR is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.39, QSR is in line with its industry, outperforming 45.24% of the companies in the same industry.
  • The Debt to FCF ratio of QSR is 10.43, which is on the high side as it means it would take QSR, 10.43 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of QSR (10.43) is comparable to the rest of the industry.
  • QSR has a Debt/Equity ratio of 3.72. This is a high value indicating a heavy dependency on external financing.
  • QSR has a Debt to Equity ratio of 3.72. This is in the lower half of the industry: QSR underperforms 61.11% of its industry peers.
Industry RankSector Rank
Debt/Equity 3.72
Debt/FCF 10.43
Altman-Z 1.39
ROIC/WACC1.14
WACC7.2%
QSR Yearly LT Debt VS Equity VS FCFQSR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 0.98 indicates that QSR may have some problems paying its short term obligations.
  • QSR has a Current ratio (0.98) which is in line with its industry peers.
  • QSR has a Quick Ratio of 0.98. This is a bad value and indicates that QSR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.91, QSR is in line with its industry, outperforming 47.62% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.98
Quick Ratio 0.91
QSR Yearly Current Assets VS Current LiabilitesQSR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

5

3. Growth

3.1 Past

  • QSR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.51%, which is quite good.
  • The Earnings Per Share has been growing by 12.75% on average over the past years. This is quite good.
  • QSR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.23%.
  • The Revenue has been growing by 13.68% on average over the past years. This is quite good.
EPS 1Y (TTM)10.51%
EPS 3Y5.43%
EPS 5Y12.75%
EPS Q2Q%18.52%
Revenue 1Y (TTM)12.23%
Revenue growth 3Y13.19%
Revenue growth 5Y13.68%
Sales Q2Q%7.4%

3.2 Future

  • The Earnings Per Share is expected to grow by 9.67% on average over the next years. This is quite good.
  • Based on estimates for the next years, QSR will show a small growth in Revenue. The Revenue will grow by 2.94% on average per year.
EPS Next Y10.11%
EPS Next 2Y9.26%
EPS Next 3Y9.85%
EPS Next 5Y9.67%
Revenue Next Year4.64%
Revenue Next 2Y3.61%
Revenue Next 3Y3.59%
Revenue Next 5Y2.94%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
QSR Yearly Revenue VS EstimatesQSR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
QSR Yearly EPS VS EstimatesQSR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4 5

4

4. Valuation

4.1 Price/Earnings Ratio

  • QSR is valuated rather expensively with a Price/Earnings ratio of 18.70.
  • Compared to the rest of the industry, the Price/Earnings ratio of QSR indicates a somewhat cheap valuation: QSR is cheaper than 69.05% of the companies listed in the same industry.
  • QSR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.98.
  • The Price/Forward Earnings ratio is 16.98, which indicates a correct valuation of QSR.
  • Based on the Price/Forward Earnings ratio, QSR is valued a bit cheaper than the industry average as 69.05% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.01, QSR is valued a bit cheaper.
Industry RankSector Rank
PE 18.7
Fwd PE 16.98
QSR Price Earnings VS Forward Price EarningsQSR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as QSR.
  • QSR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. QSR is cheaper than 76.19% of the companies in the same industry.
Industry RankSector Rank
P/FCF 17.32
EV/EBITDA 12.48
QSR Per share dataQSR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 -40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates QSR does not grow enough to justify the current Price/Earnings ratio.
  • QSR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.85
PEG (5Y)1.47
EPS Next 2Y9.26%
EPS Next 3Y9.85%

5

5. Dividend

5.1 Amount

  • QSR has a Yearly Dividend Yield of 3.79%.
  • Compared to an average industry Dividend Yield of 1.09, QSR pays a better dividend. On top of this QSR pays more dividend than 92.86% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, QSR pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.79%

5.2 History

  • The dividend of QSR decreases each year by -5.51%.
  • QSR has paid a dividend for at least 10 years, which is a reliable track record.
  • QSR has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)-5.51%
Div Incr Years9
Div Non Decr Years9
QSR Yearly Dividends per shareQSR Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • 142.78% of the earnings are spent on dividend by QSR. This is not a sustainable payout ratio.
DP142.78%
EPS Next 2Y9.26%
EPS Next 3Y9.85%
QSR Yearly Income VS Free CF VS DividendQSR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
QSR Dividend Payout.QSR Dividend Payout, showing the Payout Ratio.QSR Dividend Payout.PayoutRetained Earnings

RESTAURANT BRANDS INTERN

NYSE:QSR (2/24/2026, 8:04:00 PM)

After market: 68.81 0 (0%)

68.81

+1.28 (+1.9%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)02-12
Earnings (Next)05-06
Inst Owners93.17%
Inst Owner Change0.74%
Ins Owners1.36%
Ins Owner Change2.26%
Market Cap22.56B
Revenue(TTM)9.43B
Net Income(TTM)776.00M
Analysts74.55
Price Target80.33 (16.74%)
Short Float %3.31%
Short Ratio3.57
Dividend
Industry RankSector Rank
Dividend Yield 3.79%
Yearly Dividend2.4
Dividend Growth(5Y)-5.51%
DP142.78%
Div Incr Years9
Div Non Decr Years9
Ex-Date03-19
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.06%
Min EPS beat(2)0.23%
Max EPS beat(2)1.88%
EPS beat(4)2
Avg EPS beat(4)-1.68%
Min EPS beat(4)-5.14%
Max EPS beat(4)1.88%
EPS beat(8)4
Avg EPS beat(8)-1.09%
EPS beat(12)8
Avg EPS beat(12)1.89%
EPS beat(16)11
Avg EPS beat(16)3.16%
Revenue beat(2)2
Avg Revenue beat(2)1.22%
Min Revenue beat(2)1.19%
Max Revenue beat(2)1.24%
Revenue beat(4)3
Avg Revenue beat(4)0.85%
Min Revenue beat(4)-1.82%
Max Revenue beat(4)2.77%
Revenue beat(8)5
Avg Revenue beat(8)0.57%
Revenue beat(12)7
Avg Revenue beat(12)0.21%
Revenue beat(16)11
Avg Revenue beat(16)0.69%
PT rev (1m)-0.15%
PT rev (3m)1.68%
EPS NQ rev (1m)-1.41%
EPS NQ rev (3m)-1.18%
EPS NY rev (1m)0.13%
EPS NY rev (3m)0.07%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)0.68%
Revenue NY rev (3m)0.96%
Valuation
Industry RankSector Rank
PE 18.7
Fwd PE 16.98
P/S 2.39
P/FCF 17.32
P/OCF 14.39
P/B 6.21
P/tB N/A
EV/EBITDA 12.48
EPS(TTM)3.68
EY5.35%
EPS(NY)4.05
Fwd EY5.89%
FCF(TTM)3.97
FCFY5.77%
OCF(TTM)4.78
OCFY6.95%
SpS28.78
BVpS11.09
TBVpS-42.29
PEG (NY)1.85
PEG (5Y)1.47
Graham Number30.3
Profitability
Industry RankSector Rank
ROA 3.03%
ROE 21.35%
ROCE 10.86%
ROIC 8.21%
ROICexc 8.65%
ROICexgc 45.88%
OM 26.15%
PM (TTM) 8.23%
GM 54.13%
FCFM 13.8%
ROA(3y)4.09%
ROA(5y)4.06%
ROE(3y)31.9%
ROE(5y)34.7%
ROIC(3y)7.58%
ROIC(5y)7.36%
ROICexc(3y)8.02%
ROICexc(5y)7.79%
ROICexgc(3y)44.75%
ROICexgc(5y)47.83%
ROCE(3y)10.03%
ROCE(5y)9.74%
ROICexgc growth 3Y-9.24%
ROICexgc growth 5Y1.49%
ROICexc growth 3Y-0.37%
ROICexc growth 5Y4.63%
OM growth 3Y-8.91%
OM growth 5Y-6.21%
PM growth 3Y-19.03%
PM growth 5Y-3.41%
GM growth 3Y-5.68%
GM growth 5Y-4.36%
F-Score6
Asset Turnover0.37
Health
Industry RankSector Rank
Debt/Equity 3.72
Debt/FCF 10.43
Debt/EBITDA 4.88
Cap/Depr 88.04%
Cap/Sales 2.81%
Interest Coverage 3.46
Cash Conversion 56.61%
Profit Quality 167.78%
Current Ratio 0.98
Quick Ratio 0.91
Altman-Z 1.39
F-Score6
WACC7.2%
ROIC/WACC1.14
Cap/Depr(3y)75.67%
Cap/Depr(5y)66.47%
Cap/Sales(3y)2.3%
Cap/Sales(5y)2.06%
Profit Quality(3y)132.13%
Profit Quality(5y)145.52%
High Growth Momentum
Growth
EPS 1Y (TTM)10.51%
EPS 3Y5.43%
EPS 5Y12.75%
EPS Q2Q%18.52%
EPS Next Y10.11%
EPS Next 2Y9.26%
EPS Next 3Y9.85%
EPS Next 5Y9.67%
Revenue 1Y (TTM)12.23%
Revenue growth 3Y13.19%
Revenue growth 5Y13.68%
Sales Q2Q%7.4%
Revenue Next Year4.64%
Revenue Next 2Y3.61%
Revenue Next 3Y3.59%
Revenue Next 5Y2.94%
EBIT growth 1Y6.75%
EBIT growth 3Y3.1%
EBIT growth 5Y6.62%
EBIT Next Year25.63%
EBIT Next 3Y14.53%
EBIT Next 5Y9.5%
FCF growth 1Y0%
FCF growth 3Y-2.16%
FCF growth 5Y10.12%
OCF growth 1Y4.26%
OCF growth 3Y1.69%
OCF growth 5Y11.21%

RESTAURANT BRANDS INTERN / QSR FAQ

What is the ChartMill fundamental rating of RESTAURANT BRANDS INTERN (QSR) stock?

ChartMill assigns a fundamental rating of 4 / 10 to QSR.


Can you provide the valuation status for RESTAURANT BRANDS INTERN?

ChartMill assigns a valuation rating of 4 / 10 to RESTAURANT BRANDS INTERN (QSR). This can be considered as Fairly Valued.


Can you provide the profitability details for RESTAURANT BRANDS INTERN?

RESTAURANT BRANDS INTERN (QSR) has a profitability rating of 6 / 10.


What are the PE and PB ratios of RESTAURANT BRANDS INTERN (QSR) stock?

The Price/Earnings (PE) ratio for RESTAURANT BRANDS INTERN (QSR) is 18.7 and the Price/Book (PB) ratio is 6.21.


How financially healthy is RESTAURANT BRANDS INTERN?

The financial health rating of RESTAURANT BRANDS INTERN (QSR) is 2 / 10.