Restaurant Brands International Inc.

QSR Consumer Cyclical Restaurants

Restaurant Brands International Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.4 billion, up 12.2% from fiscal 2024.

Revenue
+3.10%
EPS
+110.1%
Free cash flow
−8.26%
Total debt
−2.06%

Quarter to September 2026, against a year earlier

78.27 0.11 −0.14%
Market cap
$35.5B
P/E
16.3×
Fwd P/E
14.7×
Dividend yield
3.28%
F-score
6/9
Altman Z
1.41
Beneish M
−2.41
Dividend safety
30/100

Restaurant Brands International Inc. (QSR) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Restaurant Brands International Inc. (QSR) trades at a EV/FCF of 24.2×. Over the past ten years it has ranged from 12.8× (March 2020) to 98.8× (March 2015); the current reading is higher than 59% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 23.4× (6.28%)
FY2024 25.0× (14.09%)
FY2023 29.1× 27.98%
FY2022 22.8× 19.81%
FY2021 19.0× (47.86%)
FY2020 36.4× 86.93%
FY2019 19.5× (12.66%)
FY2018 22.3× 19.21%
FY2017 18.7× 26.95%
FY2016 14.7× 3.16%

Quarterly newest first

Period EV/FCF Change
Sep 2026 22.7× 1.77%
Jun 2026 22.3× (5.83%)
Mar 2026 23.7× 0.98%
Dec 2025 23.4× 0.60%
43 more quarters

Against its own ten years

Low 12.8× High 98.8×
Ten-year median 23.0×
Current reading's percentile 62

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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