Restaurant Brands International Inc.
Company Overview We are one of the world s largest quick service restaurant ( QSR ) companies with nearly $47 billion in annual system-wide sales and over 33,000 restaurants in more than 120 countries and territories as of December 31, 2025. Our remaining restaurants are Company restaurants, primarily restaurants we acquired as a part of the Carrols Acquisition, the vast majority of which we pl…
$76.41
+$2.26 (+3.05%)
EOD Oct 22, 2026
23.39% operating margin is above average. ROIC at 8.95%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 12.3%, still solid. Margins contracted 5.5pp, which offsets some of the top-line progress.
ROIC dropped from 11.28% to 8.95%, capital efficiency is deteriorating. Net debt of $14.55B represents 10.0x FCF, leverage limits flexibility.
20.6x earnings, 21.5x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$9.68B
▲ +12.3% YoY
Net Income (TTM)
$1.14B
▼ -24.0% YoY
Op. Margin
26.93%
▼ -5.5pp YoY
ROIC
12.01%
▼ -2.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$1.63B
▲ +11.3% YoY
Op. Cash Flow (TTM)
$1.90B
▲ +14.0% YoY
Net Debt
$14.59B
Cash & Equiv.
$1.06B
5Y CAGR: +13.8%
5Y CAGR: +12.5%
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SourceComputed from the 10-Q filed 6 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 26 Sept 2026. How this is calculated.
Price from market data, last close as of 22 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Restaurant Brands International (QSR) overvalued?
At a P/E of 20.6 and a price-to-free-cash-flow of 21.5, Restaurant Brands International (QSR) trades above a two-stage DCF intrinsic value of about $29.77 per share, so at $76.41 the stock looks overvalued (61.0% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Restaurant Brands International scores 55/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 3.3%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Restaurant Brands International's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $29.77 per share for QSR, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $22.33. At today's $76.41, that puts the stock about 61.0% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Restaurant Brands International a high-quality business?+
Restaurant Brands International scores 55 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 26.9% operating margin and a 12.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Restaurant Brands International (QSR) pay a dividend, and how much?+
Yes, Restaurant Brands International pays a regular dividend of about $2.48 per share per year (typically in quarterly installments), a yield of roughly 3.3% at the current price. That is a payout ratio of about 100.5% of earnings, so the dividend is stretched at this level. Restaurant Brands International has grown the dividend at roughly 3.3% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For QSR's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Restaurant Brands International a good stock to buy right now?+
That depends on valuation and quality together, not either alone. QSR currently trades above its estimated intrinsic value and scores 55/100 on quality (mixed). It also yields about 3.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Retail-Eating Places
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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