Restaurant Brands International Inc. (QSR) stock
QSRNYSERetail-Eating PlacesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 8/302% above fair value
$75.41−0.07 (-0.09%)
Close on Nov 13, 2026Market cap $34.03BP/E 17.9Yield 3.29%
Restaurant Brands International gross margin
Gross margin is gross profit as a percentage of revenue.
Restaurant Brands International's gross margin for the twelve months ending Mar 31, 2024 was 65.3%. For fiscal 2023 it was 65.3%, against 64.5% the year before. The highest annual figure on record is 68.9% in fiscal 2014.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | 65.3% | +0.9 |
| FY2022 | Dec 31, 2022 | 64.5% | −2.6 |
| FY2021 | Dec 31, 2021 | 67.1% | −0.5 |
| FY2020 | Dec 31, 2020 | 67.6% | −0.0 |
| FY2019 | Dec 31, 2019 | 67.6% | +1.6 |
| FY2018 | Dec 31, 2018 | 66.1% | +6.5 |
| FY2017 | Dec 31, 2017 | 59.6% | +1.2 |
| FY2016 | Dec 31, 2016 | 58.3% | +3.0 |
| FY2015 | Dec 31, 2015 | 55.3% | −13.6 |
| FY2014 | Dec 31, 2014 | 68.9% | +4.1 |
| FY2013 | Dec 31, 2013 | 64.8% | +27.9 |
| FY2012 | Dec 31, 2012 | 36.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2024 | Mar 31, 2024 | 65.2% | −0.3 |
| Q4 FY2023 | Dec 31, 2023 | 64.7% | +1.3 |
| Q3 FY2023 | Sep 30, 2023 | 65.7% | +1.3 |
| Q2 FY2023 | Jun 30, 2023 | 65.5% | +1.2 |
| Q1 FY2023 | Mar 31, 2023 | 65.4% | −0.5 |
| Q4 FY2022 | Dec 31, 2022 | 63.4% | −2.2 |
| Q3 FY2022 | Sep 30, 2022 | 64.4% | −2.9 |
| Q2 FY2022 | Jun 30, 2022 | 64.4% | −3.2 |
| Q1 FY2022 | Mar 31, 2022 | 66.0% | −2.2 |
| Q4 FY2021 | Dec 31, 2021 | 65.6% | −1.0 |
| Q3 FY2021 | Sep 30, 2021 | 67.2% | −1.5 |
| Q2 FY2021 | Jun 30, 2021 | 67.5% | −0.1 |
| Q1 FY2021 | Mar 31, 2021 | 68.2% | +0.7 |
| Q4 FY2020 | Dec 31, 2020 | 66.6% | −1.0 |
| Q3 FY2020 | Sep 30, 2020 | 68.7% | +1.3 |
| Q2 FY2020 | Jun 30, 2020 | 67.7% | +0.0 |
| Q1 FY2020 | Mar 31, 2020 | 67.4% | −0.5 |
| Q4 FY2019 | Dec 31, 2019 | 67.6% | +1.5 |
| Q3 FY2019 | Sep 30, 2019 | 67.4% | +1.6 |
| Q2 FY2019 | Jun 30, 2019 | 67.6% | +1.1 |
| Q1 FY2019 | Mar 31, 2019 | 67.9% | +2.1 |
| Q4 FY2018 | Dec 31, 2018 | 66.1% | +4.4 |
| Q3 FY2018 | Sep 30, 2018 | 65.8% | +6.6 |
| Q2 FY2018 | Jun 30, 2018 | 66.6% | +7.2 |
| Q1 FY2018 | Mar 31, 2018 | 65.8% | +8.1 |
| Q4 FY2017 | Dec 31, 2017 | 61.7% | +1.4 |
| Q3 FY2017 | Sep 30, 2017 | 59.2% | – |
| Q2 FY2017 | Jun 30, 2017 | 59.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 57.7% | – |
| Q4 FY2016 | Dec 31, 2016 | 60.3% | – |
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