SuperworthRestaurant Brands International QSR
- Market cap
- $34.2B
- PE
- 20.8×
- 10y median 26.5×
- Forward PE
- 17.8×
- 10y median 22.5×
- Price to sales
- 3.5×
- EV/EBIT
- 18.4×
- Revenue, 12 months
- $9.7B
- +7% on a year ago
- Net margin
- 13.1%
- Free cash flow yield
- 4.8%
Restaurant Brands International trades at 20.8× trailing earnings, cheaper than 87% of the last ten years. Revenue was $9.7B over the last twelve months, up 7% on a year earlier with a 13% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.8B+6% | $1.8B+8% | $1.7B+9% | $2.1B+17% | $2.3B+25% | $2.3B+26% | $2.1B+21% | $2.4B+16% | $2.4B+7% | $2.5B+7% | $2.3B+7% | $2.5B+5% | |
| Cost of revenue | $630M+2% | $643M+4% | $606M+10% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Gross profit | $1.2B+9% | $1.2B+10% | $1.1B+9% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| SG&A | $169M+8% | n/a | $173M−1% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| $582M+4% | $468M+35% | $544M+22% | $663M+20% | $577M−1% | $635M+36% | $435M−20% | $483M−27% | $663M+15% | $621M−2% | $606M+39% | $716M+48% | |
| Interest expense | $143M+8% | $152M+6% | $148M+4% | $147M+1% | $147M+3% | $135M−11% | $130M−12% | $132M−10% | $129M−12% | $125M−7% | $123M−5% | $124M−6% |
| Pre-tax income | $423M−1% | $316M+56% | $396M+30% | $484M+18% | $429M+1% | $500M+58% | $305M−23% | $351M−28% | $534M+25% | $494M−1% | $483M+58% | $592M+69% |
| $59M | −$410M+206% | $68M+143% | $85M+47% | $72M+22% | $139M | $82M+21% | $87M+2% | $94M+31% | $220M+58% | $38M−54% | −$73M | |
| Net income | $252M−30% | $508M+122% | $230M+22% | $280M+16% | $252M+0% | $259M−49% | $159M−31% | $189M−33% | $315M+25% | $113M−56% | $338M+113% | $507M+168% |
| $0.79−33% | $1.13+126% | $0.72+18% | $0.88+14% | $0.79+0% | $0.57−50% | $0.49−32% | $0.57−35% | $0.96+22% | $0.25−56% | $0.97+98% | $1.45+154% | |
| 459M+1% | 450M−1% | 453M−1% | 453M−1% | 454M−1% | 457M+2% | 456M+1% | 457M+1% | 457M+1% | 460M+1% | 459M+1% | 460M+1% |
Revenue: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Cost of revenue: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Gross profit: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them. 51 periods, Q2 FY11 to Q1 FY24: not printed by the filing, worked out from its own lines.
SG&A: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Operating income: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Interest expense: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Pre-tax income: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Income tax: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Net income: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
EPS, diluted: 15 periods, Q1 FY11 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q1 FY11: share-days: the 6-month average less the second quarter's. 14 periods, Q4 FY11 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY14: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $2.5B | $2.5B to $2.6B | $1.08 | $0.97 to $1.76 | 15 |
| Q4 FY26 | $2.5B | $2.5B to $2.6B | $1.05 | $0.92 to $1.64 | 15 |
| Q1 FY27 | $2.3B | $2.2B to $2.3B | $0.95 | $0.91 to $0.98 | 6 |
| Q2 FY27 | $2.5B | $2.5B to $2.6B | $1.16 | $1.12 to $1.20 | 6 |
| Q3 FY27 | $2.6B | $2.5B to $2.6B | $1.19 | $1.15 to $1.22 | 6 |
| Q4 FY27 | $2.5B | $2.5B to $2.6B | $1.15 | $1.10 to $1.18 | 6 |
| Q1 FY28 | $2.2B | $2.2B to $2.3B | $1.02 | $0.98 to $1.05 | 14 |
| Q2 FY28 | $2.5B | $2.5B to $2.6B | $1.26 | $1.22 to $1.30 | 14 |
Peers
Companies in Restaurants nearest Restaurant Brands International's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| QSRRestaurant Brands International | $34.2B | 20.8× | 26.5× | 17.8× | 3.5× | +7% | 13.1% |
| CMGChipotle Mexican Grill | $34.8B | 25.2× | 63.3× | 21.7× | 2.8× | +7% | 11.4% |
| YUMYum! Brands | $40.9B | 18.9× | 24.7× | 22.4× | 4.7× | +10% | 25.4% |
| DRIDarden Restaurants | $24B | 20.8× | 20.8× | 18.5× | 1.8× | +8% | 8.8% |
| YUMCYum China | $15.3B | 16.4× | 24.7× | n/m | 1.2× | +9% | 7.8% |
| ARMKAramark | $13.9B | 36.8× | 22.5× | n/m | 0.7× | +11% | 1.9% |
| TXRHTexas Roadhouse | $10.9B | 26.5× | 28.4× | 23.2× | 1.7× | +10% | 6.6% |
| SBUXStarbucks | $114.9B | 57.9× | 30.3× | 33.8× | 3.0× | +4% | 5.2% |
| EATBrinker International | $7.6B | 16.8× | 14.4× | n/m | 1.3× | +8% | 8.4% |
| BROSDutch Bros | $7.2B | 57.6× | 130× | n/m | 3.9× | +30% | 4.9% |
| MCDMcDonald's | $175.8B | 20.2× | 26.0× | 18.9× | 6.3× | +6% | 31.7% |
| Peer median | $19.6B | 23.0× | 25.4× | 22.0× | 2.3× | +8% | 8.1% |
Investors who own it
Investors we follow who held Restaurant Brands International at the end of Jun 30, 2026, from their 13F filings.
- Bill AckmanPershing Square9.6% of portfolioadded
- Seth KlarmanBaupost Group9.0% of portfoliotrimmed
More on Restaurant Brands International
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #4of 39Restaurant stocks with the highest profit margins
- #4of 28Consumer cyclical stocks with the highest dividend yields
- #6of 23Restaurant stocks with the fastest earnings growth
- #9of 28Restaurant stocks with the lowest PE ratio
- #8of 20Restaurant stocks cheapest against their own PE history
Its groups
About
- Industry
- Restaurants
- Sector
- Consumer Cyclical
Valuation data, not investment advice. Prices as of .