QSRNYSERetail-Eating PlacesFiscal year ends December 31
Restaurant Brands International Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$74.34−0.47 (-0.63%)
Close on Oct 19, 2026
- Market cap
- $34.20B
- P/E (TTM)
- 20.5
- Dividend yield
- 3.34%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
23.3%−5.3 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +12.2% | +13.2% | +13.7% | +8.8% | |
| Operating income | -9.0% | +5.1% | +9.1% | +6.3% | |
| EPS, diluted | -26.1% | -10.2% | +8.0% | +16.7% | |
| Free cash flow | +11.3% | +1.4% | +12.5% | +2.9% | |
| Dividend per share | +6.9% | +4.7% | +3.6% | +18.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | 1.73 | 1.41 | 0.98 | |
| Debt to equity | 4.98 | 5.76 | 3.65 | |
| Net debt to EBITDA | 3.81× | 6.78× | 4.84× | |
| Inventory turnover | 22.6× | 17.9× | – | |
| Capex to revenue | 0.8% | 2.4% | 2.8% | |
| Diluted shares | 470M | 468M | 457M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Restaurant Brands International generated $7.76B from operations and spent $7.24B on capital expenditure, dividends and share buybacks. 11% of that went back into the business.
Generated
$7.76B
Used
$7.24B
Capital expenditure$792.00M11%Dividends$5.07B70%Share buybacks$1.38B19%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$1.71B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$1.71B vs –
- Less leverageLong-term debt to assets fell54.6% → 51.7%
- Better liquidityCurrent ratio rose0.97 → 0.98
- No dilutionShare count did not rise454M → 457M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.36 → 0.38