Restaurant Brands International Limited Partnership (RSTRF) stock analysis
Close on Oct 19, 2026Market cap –P/E –Yield –
StockData Score
Prices as of Oct 30, 2026How the score works
Weak3 of 30 checks passed
Restaurant Brands International Limited Partnership passes 3 of the 30 checks behind our score; 24 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 2/6
- Past performance
- 0/6
- Financial health
- 1/6
- Dividend
- 0/6
What stands out
Revenue growing 10%+ a year
Revenue grew 13.2% a year over the last three fiscal years.
Growing faster than the industry
Revenue grew 6.5% over the last twelve months; the Eating and Drinking Places median is 6.0%.
Short-term assets cover short-term debts
Current assets are 1.01 times current liabilities.
What to watch
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals 14.4% of total debt; we look for at least 20%.
Guidance lowered
Restaurant Brands International Limited Partnership lowered its 2026 Adjusted Interest Expense, net outlook on Oct 29, 2026.
No dividend
Restaurant Brands International Limited Partnership has not paid a dividend in the last twelve months.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth2/6
Revenue growing 10%+ a year
Revenue grew 13.2% a year over the last three fiscal years.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 6.5% over the last twelve months; the Eating and Drinking Places median is 6.0%.
Guidance lowered
Restaurant Brands International Limited Partnership lowered its 2026 Adjusted Interest Expense, net outlook on Oct 29, 2026.
Gross margin trend
This company does not report gross profit.
Past performance0/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin against the industry
Needs revenue and net income.
Financial health1/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals 14.4% of total debt; we look for at least 20%.
Interest coverage
Interest expense is not reported separately.
Short-term assets cover short-term debts
Current assets are 1.01 times current liabilities.
Bankruptcy risk (Altman Z)
Needs market value, working capital and retained earnings.
Dividend0/6
No dividend
Restaurant Brands International Limited Partnership has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for Restaurant Brands International Limited Partnership. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
Operating margin
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% | |
| Free cash flow | +11.3% | +1.4% | +12.5% | +2.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | 1.70 | 1.41 | 0.98 | |
| Debt to equity | – | – | – | |
| Net debt to EBITDA | 3.83× | 6.78× | 4.84× | |
| Inventory turnover | 22.6× | 17.9× | – | |
| Capex to revenue | 0.8% | 2.4% | 2.8% |
Where the cash went
Fiscal 2021 to 2025, five years combined
Restaurant Brands International Limited Partnership generated $7.76B from operations and spent $5.86B on capital expenditure, dividends and share buybacks. 14% of that went back into the business.
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
- 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 rise– → –
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.36 → 0.38