RESTAURANT BRANDS INTERN (QSR) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:QSR • CA76131D1033

70.37 USD
-0.6 (-0.85%)
Last: Feb 10, 2026, 03:56 PM
Fundamental Rating

4

Taking everything into account, QSR scores 4 out of 10 in our fundamental rating. QSR was compared to 131 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 is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year QSR was profitable.
  • 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 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 500M 1B 1.5B 2B

1.2 Ratios

  • QSR has a Return On Assets (3.59%) which is in line with its industry peers.
  • QSR has a Return On Equity of 27.27%. This is amongst the best in the industry. QSR outperforms 81.68% of its industry peers.
  • QSR's Return On Invested Capital of 8.41% is fine compared to the rest of the industry. QSR outperforms 66.41% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for QSR is below the industry average of 10.41%.
  • The last Return On Invested Capital (8.41%) for QSR is above the 3 year average (8.03%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.59%
ROE 27.27%
ROIC 8.41%
ROA(3y)4.55%
ROA(5y)3.88%
ROE(3y)38.23%
ROE(5y)34.92%
ROIC(3y)8.03%
ROIC(5y)7.44%
QSR Yearly ROA, ROE, ROICQSR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

1.3 Margins

  • QSR has a Profit Margin of 9.95%. This is in the better half of the industry: QSR outperforms 74.05% of its industry peers.
  • QSR's Profit Margin has been stable in the last couple of years.
  • QSR has a Operating Margin of 25.95%. This is amongst the best in the industry. QSR outperforms 90.84% of its industry peers.
  • In the last couple of years the Operating Margin of QSR has declined.
  • With a decent Gross Margin value of 54.59%, QSR is doing good in the industry, outperforming 64.12% of the companies in the same industry.
  • In the last couple of years the Gross Margin of QSR has declined.
Industry RankSector Rank
OM 25.95%
PM (TTM) 9.95%
GM 54.59%
OM growth 3Y-5.89%
OM growth 5Y-5.16%
PM growth 3Y-5.95%
PM growth 5Y1.14%
GM growth 3Y-4.56%
GM growth 5Y-2.9%
QSR Yearly Profit, Operating, Gross MarginsQSR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 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.
  • The number of shares outstanding for QSR has been increased compared to 1 year ago.
  • QSR has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for QSR has remained at the same level compared to a year ago.
QSR Yearly Shares OutstandingQSR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 5B 10B 15B 20B

2.2 Solvency

  • Based on the Altman-Z score of 1.41, we must say that QSR is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of QSR (1.41) is comparable to the rest of the industry.
  • The Debt to FCF ratio of QSR is 10.93, which is on the high side as it means it would take QSR, 10.93 years of fcf income to pay off all of its debts.
  • QSR's Debt to FCF ratio of 10.93 is in line compared to the rest of the industry. QSR outperforms 58.02% of its industry peers.
  • A Debt/Equity ratio of 4.05 is on the high side and indicates that QSR has dependencies on debt financing.
  • QSR's Debt to Equity ratio of 4.05 is in line compared to the rest of the industry. QSR outperforms 41.22% of its industry peers.
Industry RankSector Rank
Debt/Equity 4.05
Debt/FCF 10.93
Altman-Z 1.41
ROIC/WACC1.07
WACC7.9%
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 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 1.06 indicates that QSR should not have too much problems paying its short term obligations.
  • QSR has a Current ratio (1.06) which is comparable to the rest of the industry.
  • A Quick Ratio of 0.98 indicates that QSR may have some problems paying its short term obligations.
  • QSR's Quick ratio of 0.98 is in line compared to the rest of the industry. QSR outperforms 56.49% of its industry peers.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 0.98
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 500M 1B 1.5B 2B

5

3. Growth

3.1 Past

  • QSR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.95%.
  • The Earnings Per Share has been growing slightly by 4.05% on average over the past years.
  • The Revenue has grown by 16.82% in the past year. This is quite good.
  • The Revenue has been growing by 8.45% on average over the past years. This is quite good.
EPS 1Y (TTM)7.95%
EPS 3Y5.7%
EPS 5Y4.05%
EPS Q2Q%10.75%
Revenue 1Y (TTM)16.82%
Revenue growth 3Y13.57%
Revenue growth 5Y8.45%
Sales Q2Q%6.9%

3.2 Future

  • QSR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.41% yearly.
  • Based on estimates for the next years, QSR will show a small growth in Revenue. The Revenue will grow by 4.31% on average per year.
EPS Next Y11.49%
EPS Next 2Y10.31%
EPS Next 3Y9.68%
EPS Next 5Y9.41%
Revenue Next Year11.68%
Revenue Next 2Y7.77%
Revenue Next 3Y6.14%
Revenue Next 5Y4.31%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better 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

  • With a Price/Earnings ratio of 19.93, QSR is valued on the expensive side.
  • 70.23% of the companies in the same industry are more expensive than QSR, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 28.06. QSR is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 17.37, which indicates a rather expensive current valuation of QSR.
  • QSR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. QSR is cheaper than 70.23% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.86. QSR is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 19.93
Fwd PE 17.37
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

  • QSR's Enterprise Value to EBITDA is on the same level as the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of QSR indicates a somewhat cheap valuation: QSR is cheaper than 76.34% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 18.26
EV/EBITDA 13.25
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 PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • QSR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.74
PEG (5Y)4.92
EPS Next 2Y10.31%
EPS Next 3Y9.68%

5

5. Dividend

5.1 Amount

  • QSR has a Yearly Dividend Yield of 3.53%.
  • QSR's Dividend Yield is rather good when compared to the industry average which is at 1.25. QSR pays more dividend than 88.55% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, QSR pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.53%

5.2 History

  • The dividend of QSR decreases each year by -6.89%.
  • QSR has been paying a dividend for at least 10 years, so it has a reliable track record.
  • As QSR did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)-6.89%
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 0.5 1 1.5 2 2.5

5.3 Sustainability

  • QSR pays out 118.00% of its income as dividend. This is not a sustainable payout ratio.
DP118%
EPS Next 2Y10.31%
EPS Next 3Y9.68%
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 500M 1B 1.5B
QSR Dividend Payout.QSR Dividend Payout, showing the Payout Ratio.QSR Dividend Payout.PayoutRetained Earnings

RESTAURANT BRANDS INTERN

NYSE:QSR (2/10/2026, 3:56:06 PM)

70.37

-0.6 (-0.85%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)10-30
Earnings (Next)02-12
Inst Owners93.17%
Inst Owner Change-1.26%
Ins Owners1.36%
Ins Owner Change2.26%
Market Cap23.07B
Revenue(TTM)9.26B
Net Income(TTM)922.00M
Analysts74.55
Price Target80.33 (14.15%)
Short Float %2.56%
Short Ratio3
Dividend
Industry RankSector Rank
Dividend Yield 3.53%
Yearly Dividend2.29
Dividend Growth(5Y)-6.89%
DP118%
Div Incr Years9
Div Non Decr Years9
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.91%
Min EPS beat(2)-3.69%
Max EPS beat(2)1.88%
EPS beat(4)2
Avg EPS beat(4)-1.24%
Min EPS beat(4)-5.14%
Max EPS beat(4)2.01%
EPS beat(8)4
Avg EPS beat(8)-0.97%
EPS beat(12)7
Avg EPS beat(12)1.59%
EPS beat(16)11
Avg EPS beat(16)3.48%
Revenue beat(2)2
Avg Revenue beat(2)2.01%
Min Revenue beat(2)1.24%
Max Revenue beat(2)2.77%
Revenue beat(4)2
Avg Revenue beat(4)0.55%
Min Revenue beat(4)-1.82%
Max Revenue beat(4)2.77%
Revenue beat(8)4
Avg Revenue beat(8)0.39%
Revenue beat(12)7
Avg Revenue beat(12)0.14%
Revenue beat(16)11
Avg Revenue beat(16)0.73%
PT rev (1m)1.6%
PT rev (3m)1.97%
EPS NQ rev (1m)-0.08%
EPS NQ rev (3m)-0.08%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.2%
Valuation
Industry RankSector Rank
PE 19.93
Fwd PE 17.37
P/S 2.49
P/FCF 18.26
P/OCF 15.35
P/B 6.82
P/tB N/A
EV/EBITDA 13.25
EPS(TTM)3.53
EY5.02%
EPS(NY)4.05
Fwd EY5.76%
FCF(TTM)3.85
FCFY5.48%
OCF(TTM)4.58
OCFY6.52%
SpS28.26
BVpS10.31
TBVpS-42.62
PEG (NY)1.74
PEG (5Y)4.92
Graham Number28.62
Profitability
Industry RankSector Rank
ROA 3.59%
ROE 27.27%
ROCE 10.53%
ROIC 8.41%
ROICexc 8.88%
ROICexgc 45.02%
OM 25.95%
PM (TTM) 9.95%
GM 54.59%
FCFM 13.63%
ROA(3y)4.55%
ROA(5y)3.88%
ROE(3y)38.23%
ROE(5y)34.92%
ROIC(3y)8.03%
ROIC(5y)7.44%
ROICexc(3y)8.51%
ROICexc(5y)7.9%
ROICexgc(3y)52.12%
ROICexgc(5y)49.93%
ROCE(3y)10.05%
ROCE(5y)9.31%
ROICexgc growth 3Y-4.66%
ROICexgc growth 5Y-3.62%
ROICexc growth 3Y5.76%
ROICexc growth 5Y1.01%
OM growth 3Y-5.89%
OM growth 5Y-5.16%
PM growth 3Y-5.95%
PM growth 5Y1.14%
GM growth 3Y-4.56%
GM growth 5Y-2.9%
F-Score6
Asset Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 4.05
Debt/FCF 10.93
Debt/EBITDA 5.06
Cap/Depr 79.47%
Cap/Sales 2.59%
Interest Coverage 3.29
Cash Conversion 55.54%
Profit Quality 136.99%
Current Ratio 1.06
Quick Ratio 0.98
Altman-Z 1.41
F-Score6
WACC7.9%
ROIC/WACC1.07
Cap/Depr(3y)63.87%
Cap/Depr(5y)61.25%
Cap/Sales(3y)1.88%
Cap/Sales(5y)1.97%
Profit Quality(3y)122.17%
Profit Quality(5y)145.05%
High Growth Momentum
Growth
EPS 1Y (TTM)7.95%
EPS 3Y5.7%
EPS 5Y4.05%
EPS Q2Q%10.75%
EPS Next Y11.49%
EPS Next 2Y10.31%
EPS Next 3Y9.68%
EPS Next 5Y9.41%
Revenue 1Y (TTM)16.82%
Revenue growth 3Y13.57%
Revenue growth 5Y8.45%
Sales Q2Q%6.9%
Revenue Next Year11.68%
Revenue Next 2Y7.77%
Revenue Next 3Y6.14%
Revenue Next 5Y4.31%
EBIT growth 1Y7.13%
EBIT growth 3Y6.88%
EBIT growth 5Y2.85%
EBIT Next Year22.7%
EBIT Next 3Y11.6%
EBIT Next 5Y9.29%
FCF growth 1Y3.36%
FCF growth 3Y-7.03%
FCF growth 5Y-1.64%
OCF growth 1Y11.91%
OCF growth 3Y-4.51%
OCF growth 5Y0.36%

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 19.93 and the Price/Book (PB) ratio is 6.82.


How financially healthy is RESTAURANT BRANDS INTERN?

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