Restaurant Brands International Limited Partnership (RSTRF) stock
RSTRFOTCRetail-Eating PlacesFiscal year ends December 31Also trades as QSP
$74.00+0.00 (0.00%)
Close on Oct 19, 2026Market cap –P/E –Yield –
Restaurant Brands International Limited Partnership operating margin
Operating margin is operating income as a percentage of revenue.
Restaurant Brands International Limited Partnership's operating margin for the twelve months ending Jun 30, 2026 was 26.9%. For fiscal 2025 it was 23.3%, against 28.8% the year before. The highest annual figure on record is 45.6% in fiscal 2013.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 23.3% | −5.4 |
| FY2024 | Dec 31, 2024 | 28.8% | −0.4 |
| FY2023 | Dec 31, 2023 | 29.2% | +0.0 |
| FY2022 | Dec 31, 2022 | 29.2% | −3.6 |
| FY2021 | Dec 31, 2021 | 32.7% | +4.1 |
| FY2020 | Dec 31, 2020 | 28.6% | −7.2 |
| FY2019 | Dec 31, 2019 | 35.8% | +0.0 |
| FY2018 | Dec 31, 2018 | 35.8% | −2.1 |
| FY2017 | Dec 31, 2017 | 37.9% | −2.3 |
| FY2016 | Dec 31, 2016 | 40.2% | +10.8 |
| FY2015 | Dec 31, 2015 | 29.4% | +14.3 |
| FY2014 | Dec 31, 2014 | 15.1% | −30.4 |
| FY2013 | Dec 31, 2013 | 45.6% | +24.4 |
| FY2012 | Dec 31, 2012 | 21.2% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 28.4% | +8.4 |
| Q1 FY2026 | Mar 31, 2026 | 26.8% | +6.1 |
| Q4 FY2025 | Dec 31, 2025 | 25.2% | −2.5 |
| Q3 FY2025 | Sep 30, 2025 | 27.1% | +1.9 |
| Q2 FY2025 | Jun 30, 2025 | 20.0% | −11.8 |
| Q1 FY2025 | Mar 31, 2025 | 20.6% | −10.7 |
| Q4 FY2024 | Dec 31, 2024 | 27.7% | +1.9 |
| Q3 FY2024 | Sep 30, 2024 | 25.2% | −6.5 |
| Q2 FY2024 | Jun 30, 2024 | 31.9% | +0.7 |
| Q1 FY2024 | Mar 31, 2024 | 31.3% | +3.2 |
| Q4 FY2023 | Dec 31, 2023 | 25.7% | +5.2 |
| Q3 FY2023 | Sep 30, 2023 | 31.7% | −0.8 |
| Q2 FY2023 | Jun 30, 2023 | 31.2% | −1.8 |
| Q1 FY2023 | Mar 31, 2023 | 28.1% | −2.9 |
| Q4 FY2022 | Dec 31, 2022 | 20.5% | −6.4 |
| Q3 FY2022 | Sep 30, 2022 | 32.5% | −3.1 |
| Q2 FY2022 | Jun 30, 2022 | 33.0% | −0.9 |
| Q1 FY2022 | Mar 31, 2022 | 31.0% | −4.1 |
| Q4 FY2021 | Dec 31, 2021 | 26.9% | −0.6 |
| Q3 FY2021 | Sep 30, 2021 | 35.7% | +4.5 |
| Q2 FY2021 | Jun 30, 2021 | 33.9% | +10.7 |
| Q1 FY2021 | Mar 31, 2021 | 35.1% | +3.3 |
| Q4 FY2020 | Dec 31, 2020 | 27.5% | −7.1 |
| Q3 FY2020 | Sep 30, 2020 | 31.2% | −8.0 |
| Q2 FY2020 | Jun 30, 2020 | 23.2% | −11.9 |
| Q1 FY2020 | Mar 31, 2020 | 31.8% | −2.5 |
| Q4 FY2019 | Dec 31, 2019 | 34.6% | −2.7 |
| Q3 FY2019 | Sep 30, 2019 | 39.2% | +4.4 |
| Q2 FY2019 | Jun 30, 2019 | 35.1% | −2.3 |
| Q1 FY2019 | Mar 31, 2019 | 34.3% | +0.7 |
| Q4 FY2018 | Dec 31, 2018 | 37.3% | −3.7 |
| Q3 FY2018 | Sep 30, 2018 | 34.8% | −4.9 |
| Q2 FY2018 | Jun 30, 2018 | 37.4% | +0.7 |
| Q1 FY2018 | Mar 31, 2018 | 33.6% | +0.0 |
| Q4 FY2017 | Dec 31, 2017 | 40.9% | −3.3 |
| Q3 FY2017 | Sep 30, 2017 | 39.6% | +0.5 |
| Q2 FY2017 | Jun 30, 2017 | 36.7% | – |
| Q1 FY2017 | Mar 31, 2017 | 33.6% | – |
| Q4 FY2016 | Dec 31, 2016 | 44.2% | – |
| Q3 FY2016 | Sep 30, 2016 | 39.1% | – |