RESTAURANT BRANDS INTERN (QSR.CA) Fundamental Analysis & Valuation

TSX:QSR • CA76131D1033

98.26 CAD
+0.48 (+0.49%)
Last: Mar 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This QSR.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

QSR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 18 industry peers in the Hotels, Restaurants & Leisure industry. There are concerns on the financial health of QSR while its profitability can be described as average. QSR has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

6

1. QSR.CA Profitability Analysis

1.1 Basic Checks

  • QSR had positive earnings in the past year.
  • QSR had a positive operating cash flow in the past year.
  • In the past 5 years QSR has always been profitable.
  • Each year in the past 5 years QSR had a positive operating cash flow.
QSR.CA Yearly Net Income VS EBIT VS OCF VS FCFQSR.CA 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's Return On Assets of 3.03% is in line compared to the rest of the industry. QSR outperforms 50.00% of its industry peers.
  • The Return On Equity of QSR (21.35%) is better than 94.44% of its industry peers.
  • QSR's Return On Invested Capital of 8.31% is fine compared to the rest of the industry. QSR outperforms 77.78% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for QSR is in line with the industry average of 8.81%.
  • The 3 year average ROIC (7.92%) for QSR is below the current ROIC(8.31%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.03%
ROE 21.35%
ROIC 8.31%
ROA(3y)4.09%
ROA(5y)4.06%
ROE(3y)31.9%
ROE(5y)34.7%
ROIC(3y)7.92%
ROIC(5y)7.57%
QSR.CA Yearly ROA, ROE, ROICQSR.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • QSR has a Profit Margin (8.23%) which is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of QSR has declined.
  • The Operating Margin of QSR (26.48%) is better than 77.78% of its industry peers.
  • In the last couple of years the Operating Margin of QSR has declined.
  • The Gross Margin of QSR (54.14%) is better than 61.11% of its industry peers.
  • QSR's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 26.48%
PM (TTM) 8.23%
GM 54.14%
OM growth 3Y-4.84%
OM growth 5Y-3.72%
PM growth 3Y-19.03%
PM growth 5Y-3.41%
GM growth 3Y-5.65%
GM growth 5Y-4.34%
QSR.CA Yearly Profit, Operating, Gross MarginsQSR.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. QSR.CA Health Analysis

2.1 Basic Checks

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

  • Based on the Altman-Z score of 1.47, we must say that QSR is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of QSR (1.47) is better than 72.22% of its industry peers.
  • 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.
  • QSR has a Debt to FCF ratio of 10.43. This is in the better half of the industry: QSR outperforms 61.11% of its industry peers.
  • 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 1.47
ROIC/WACC1.11
WACC7.47%
QSR.CA Yearly LT Debt VS Equity VS FCFQSR.CA 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.
  • The Current ratio of QSR (0.98) is better than 61.11% of its industry peers.
  • A Quick Ratio of 0.91 indicates that QSR may have some problems paying its short term obligations.
  • QSR has a better Quick ratio (0.91) than 61.11% of its industry peers.
Industry RankSector Rank
Current Ratio 0.98
Quick Ratio 0.91
QSR.CA Yearly Current Assets VS Current LiabilitesQSR.CA 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

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. QSR.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 10.51% over the past year.
  • The Earnings Per Share has been growing by 12.75% on average over the past years. This is quite good.
  • The Revenue has grown by 12.23% in the past year. This is quite good.
  • 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

  • Based on estimates for the next years, QSR will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.82% on average per year.
  • The Revenue is expected to grow by 1.48% on average over the next years.
EPS Next Y11.17%
EPS Next 2Y9.9%
EPS Next 3Y9.56%
EPS Next 5Y10.82%
Revenue Next Year4.89%
Revenue Next 2Y3.64%
Revenue Next 3Y2.77%
Revenue Next 5Y1.48%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same 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.CA Yearly Revenue VS EstimatesQSR.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
QSR.CA Yearly EPS VS EstimatesQSR.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

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4

4. QSR.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 19.61, which indicates a rather expensive current valuation of QSR.
  • QSR's Price/Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 25.70, QSR is valued a bit cheaper.
  • With a Price/Forward Earnings ratio of 17.66, QSR is valued on the expensive side.
  • 61.11% of the companies in the same industry are more expensive than QSR, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 23.84. QSR is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 19.61
Fwd PE 17.66
QSR.CA Price Earnings VS Forward Price EarningsQSR.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 61.11% of the companies in the same industry are more expensive than QSR, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, QSR is valued a bit cheaper than the industry average as 61.11% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 19.23
EV/EBITDA 13.38
QSR.CA Per share dataQSR.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 -40

4.3 Compensation for Growth

  • QSR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of QSR may justify a higher PE ratio.
PEG (NY)1.76
PEG (5Y)1.54
EPS Next 2Y9.9%
EPS Next 3Y9.56%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. QSR.CA Dividend Analysis

5.1 Amount

  • QSR has a Yearly Dividend Yield of 3.55%.
  • Compared to an average industry Dividend Yield of 2.53, QSR pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, QSR pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.55%

5.2 History

  • The dividend of QSR decreases each year by -5.14%.
  • QSR has been paying a dividend for at least 10 years, so it has 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)-5.14%
Div Incr Years9
Div Non Decr Years9
QSR.CA Yearly Dividends per shareQSR.CA 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

  • QSR pays out 142.78% of its income as dividend. This is not a sustainable payout ratio.
DP142.78%
EPS Next 2Y9.9%
EPS Next 3Y9.56%
QSR.CA Yearly Income VS Free CF VS DividendQSR.CA 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.CA Dividend Payout.QSR.CA Dividend Payout, showing the Payout Ratio.QSR.CA Dividend Payout.PayoutRetained Earnings

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QSR.CA Fundamentals: All Metrics, Ratios and Statistics

RESTAURANT BRANDS INTERN

TSX:QSR (3/12/2026, 7:00:00 PM)

98.26

+0.48 (+0.49%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)02-12
Earnings (Next)05-06
Inst Owners87.85%
Inst Owner ChangeN/A
Ins Owners1.34%
Ins Owner ChangeN/A
Market Cap34.05B
Revenue(TTM)9.43B
Net Income(TTM)776.00M
Analysts74.55
Price Target108.92 (10.85%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.55%
Yearly Dividend3.33
Dividend Growth(5Y)-5.14%
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)-0.83%
PT rev (3m)-1.18%
EPS NQ rev (1m)-1.67%
EPS NQ rev (3m)-2.04%
EPS NY rev (1m)0.96%
EPS NY rev (3m)1.27%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)0.18%
Revenue NY rev (1m)0.86%
Revenue NY rev (3m)0.99%
Valuation
Industry RankSector Rank
PE 19.61
Fwd PE 17.66
P/S 2.65
P/FCF 19.23
P/OCF 15.97
P/B 6.89
P/tB N/A
EV/EBITDA 13.38
EPS(TTM)5.01
EY5.1%
EPS(NY)5.56
Fwd EY5.66%
FCF(TTM)5.11
FCFY5.2%
OCF(TTM)6.15
OCFY6.26%
SpS37.03
BVpS14.27
TBVpS-54.42
PEG (NY)1.76
PEG (5Y)1.54
Graham Number40.1
Profitability
Industry RankSector Rank
ROA 3.03%
ROE 21.35%
ROCE 10.99%
ROIC 8.31%
ROICexc 8.76%
ROICexgc 46.46%
OM 26.48%
PM (TTM) 8.23%
GM 54.14%
FCFM 13.8%
ROA(3y)4.09%
ROA(5y)4.06%
ROE(3y)31.9%
ROE(5y)34.7%
ROIC(3y)7.92%
ROIC(5y)7.57%
ROICexc(3y)8.38%
ROICexc(5y)8%
ROICexgc(3y)46.65%
ROICexgc(5y)48.97%
ROCE(3y)10.48%
ROCE(5y)10.01%
ROICexgc growth 3Y-5.18%
ROICexgc growth 5Y4.18%
ROICexc growth 3Y4.08%
ROICexc growth 5Y7.41%
OM growth 3Y-4.84%
OM growth 5Y-3.72%
PM growth 3Y-19.03%
PM growth 5Y-3.41%
GM growth 3Y-5.65%
GM growth 5Y-4.34%
F-Score6
Asset Turnover0.37
Health
Industry RankSector Rank
Debt/Equity 3.72
Debt/FCF 10.43
Debt/EBITDA 4.83
Cap/Depr 88.04%
Cap/Sales 2.81%
Interest Coverage 3.5
Cash Conversion 55.98%
Profit Quality 167.78%
Current Ratio 0.98
Quick Ratio 0.91
Altman-Z 1.47
F-Score6
WACC7.47%
ROIC/WACC1.11
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 Y11.17%
EPS Next 2Y9.9%
EPS Next 3Y9.56%
EPS Next 5Y10.82%
Revenue 1Y (TTM)12.23%
Revenue growth 3Y13.19%
Revenue growth 5Y13.68%
Sales Q2Q%7.4%
Revenue Next Year4.89%
Revenue Next 2Y3.64%
Revenue Next 3Y2.77%
Revenue Next 5Y1.48%
EBIT growth 1Y8.09%
EBIT growth 3Y7.71%
EBIT growth 5Y9.46%
EBIT Next Year26.46%
EBIT Next 3Y11.99%
EBIT Next 5Y10.63%
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.CA FAQ

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

ChartMill assigns a fundamental rating of 5 / 10 to QSR.CA.


Can you provide the valuation status for RESTAURANT BRANDS INTERN?

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


Can you provide the profitability details for RESTAURANT BRANDS INTERN?

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


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

The Price/Earnings (PE) ratio for RESTAURANT BRANDS INTERN (QSR.CA) is 19.61 and the Price/Book (PB) ratio is 6.89.


How financially healthy is RESTAURANT BRANDS INTERN?

The financial health rating of RESTAURANT BRANDS INTERN (QSR.CA) is 3 / 10.