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Friday 6 November 2026 Export QSR’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Restaurant Brands International Inc. (QSR) Net margin

Alert me on Net margin

Restaurant Brands International Inc.'s net margin over the twelve months to 30 September 2026 was 15.4%, up 7.1 percentage points from fiscal 2025 (8.23%). Over the past ten years it has ranged from 2.56% (fiscal 2015) to 17.0% (fiscal 2023); the current reading is higher than 18% of that period. That is above the Restaurants industry median of 1.83% and above the Consumer Cyclical sector median of 2.12%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 8.23% (3.92)
FY2024 12.2% (4.80)
FY2023 17.0% 1.45
FY2022 15.5% 0.90
FY2021 14.6% 4.82
FY2020 9.78% (1.70)
FY2019 11.5% 0.06
FY2018 11.4% (2.26)
FY2017 13.7% 5.34
FY2016 8.34% 5.78

Quarterly newest first

Period Net margin Change (points)
Sep 2026 21.5% 1.35
Jun 2026 20.1% 5.19
Mar 2026 14.9% 10.35
Dec 2025 4.58% (8.28)
43 more quarters

Against its own ten years

Low 2.56% High 17.0%
Ten-year median 11.5%
Current reading's percentile 84

Net margin against peers

Company Net margin
YUM Yum! Brands, Inc. compare 39.1%
QSR Restaurant Brands International Inc. 15.4%
DPZ Domino's Pizza Inc compare 12.0%
CMG Chipotle Mexican Grill, Inc. compare 10.8%
DRI Darden Restaurants, Inc. compare 8.85%
EAT Brinker International, Inc. compare 8.44%
YUMC Yum China compare 7.90%
SBUX Starbucks Corporation compare 6.66%
TXRH Texas Roadhouse, Inc. compare 6.63%
Restaurants industry median 1.83%
Consumer Cyclical sector median 2.12%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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