DPZ vs QSR vs MCD Stock Comparison

Dominos Pizza, Restaurant Brands International and Mcdonalds Prices as of Oct 23, 2026 Peers: Industry group
DPZ Dominos Pizza Inc
$313.61 +5.8% 1M -25.6% 1Y
Market cap
$10.35B
P/E
17.0x
Revenue (TTM)
$5.07B
Div. yield
–
Quick-Service Restaurants Consumer Discretionary
4 wins
MCD Mcdonalds Corp
$248.49 +4.2% 1M -19.1% 1Y
Market cap
$177.91B
P/E
20.2x
Revenue (TTM)
$27.70B
Div. yield
0.03%
Quick-Service Restaurants Consumer Discretionary
4 wins

Head to Head

11 decided of 12

Mcdonalds leads on 4 of the 12 questions below (Mcdonalds 4, Dominos Pizza 4, Restaurant Brands International 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDPZQSRMCDLeader
Larger companyMarket capitalisation $10.35B $25.94B $177.91B MCD
Cheaper on earningsLower P/E, profitable companies only 17.0x 20.4x 20.2x DPZ
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.6x 19.0x 18.7x DPZ
Faster revenue growthRevenue growth, trailing twelve months +4.5% +6.5% +6.3% QSR
More profitableNet margin, trailing twelve months 12.0% 13.1% 31.7% MCD
Better return on capitalReturn on invested capital 85.1% 12.1% 25.9% DPZ
Less leveragedLower net debt / EBITDA 4.3x 4.2x 2.6x MCD
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.03% –
Better 1-year returnPrice return, last 12 months -25.6% +11.7% -19.1% QSR
Better 5-year returnAnnualised price return, 5 years -7.6%/yr +4.0%/yr +0.8%/yr QSR
Less volatileAnnualised volatility, 1 year 32.2% 24.9% 19.9% MCD
Higher overall scoreMean of the five percentile scores vs peers 52/100 52/100 50/100 DPZ

Percentile Scorecard

DPZQSRMCD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDPZQSRMCD
Valuation 47 #27 of 50 39 #31 of 50 18 #41 of 50
Growth 37 #30 of 47 63 #18 of 47 39 #29 of 47
Profitability 89 #6 of 46 67 #16 of 46 100 #1 of 46
Financial Health 14 #44 of 51 30 #36 of 51 44 #29 of 51
Shareholder Returns 72 #10 of 33 59 #14 of 33 47 #18 of 33
Overall 52 52 50
  • DPZ ranked among 53 companies in Restaurants
  • QSR ranked among 53 companies in Restaurants
  • MCD ranked among 53 companies in Restaurants

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDPZQSRMCDSPY
1 month +5.8%+5.2%+4.2% -1.0%
3 months -5.8%+4.0%-6.1% +2.9%
6 months -14.7%-6.8%-17.0% +6.4%
Year to date -24.8%+10.4%-18.7% +11.4%
1 year -25.6%+11.7%-19.1% +13.1%
3 years -11.3%+12.5%-3.4% +79.4%
3 years, per year -3.9%+4.0%-1.2% +21.5%
5 years -32.5%+21.6%+4.2% +67.7%
5 years, per year -7.6%+4.0%+0.8% +10.9%
10 years +88.5%+60.3%+118.1% +255.2%
10 years, per year +6.5%+4.8%+8.1% +13.5%

Risk

MeasureDPZQSRMCDSPY
Volatility, 1Y 32.2%24.9%19.9% 12.7%
Downside volatility, 1Y 33.0%25.6%20.4% 12.7%
Beta vs S&P 500, 1Y 0.060.050.00 1.00
Return / volatility, 1Y -0.800.47-0.96 1.03
Max drawdown, 5Y -49.8%-27.5%-32.3% -25.4%
From 52-week high -28.5%-7.7%-27.1% -2.5%
52-week high $438.42$81.67$341.06 $779.14
52-week low $283.03$65.69$230.86 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDPZQSRMCD
P/E now vs peer median 17.0xmedian 20.6x 20.6xmedian 20.6x 20.1xmedian 20.6x
P/S now vs peer median 2.0xmedian 1.1x 2.7xmedian 1.1x 6.3xmedian 1.1x
EV/EBITDA now vs peer median 13.7xmedian 13.3x 13.1xmedian 13.3x 14.3xmedian 13.3x
P/FCF now vs peer median 16.2xmedian 17.3x 16.1xmedian 17.3x 23.8xmedian 17.3x
P/B now vs peer median -2.6xmedian 3.1x 4.9xmedian 3.1x -171.9xmedian 3.1x
PEG now vs peer median 2.19median 1.04 2.73median 1.04 4.66median 1.04

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDPZQSRMCD
Revenue $5.07B $9.70B $27.70B
Gross profit $2.03B $5.24B $24.86B
Operating income $999.84M $2.61B $12.80B
Net income $609.38M $1.70B $8.79B
Free cash flow $635.69M $1.63B $7.39B
EPS (diluted) $18.40 $2.77 $12.36
Cash & equivalents $229.04M $1.06B $822.00M
Total debt $19.47B $13.29B $162.65B
Shares (diluted) 33.11M 460.00M 711.10M
Enterprise value $9.60B $21.50B $172.73B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDPZQSRMCD
P/E 17.0x 20.6x 20.1x
P/FCF 16.2x 16.1x 23.8x
P/Operating cash flow 13.6x 13.8x 15.5x
P/S 2.0x 2.7x 6.3x
P/B -2.6x 4.9x -171.9x
P/Tangible book -2.6x -4.7x -171.9x
EV/EBITDA 13.7x 13.1x 14.3x
EV/EBIT 15.0x 14.8x 16.8x
EV/Revenue 3.0x 4.0x 7.8x
EV/FCF 23.6x 23.6x 29.1x
EV/Operating cash flow 19.7x 20.2x 18.9x
PEG (3Y EPS CAGR) 2.19 2.73 4.66

Growth

14 metrics
MetricDPZQSRMCD
Revenue growth (1Y) 4.5% 6.5% 6.3%
Revenue CAGR (3Y) 4.3% 12.7% 4.6%
Gross profit growth (1Y) 5.1% 5.1% 5.3%
Gross profit CAGR (3Y) 6.1% 6.1% 4.8%
Operating income growth (1Y) 7.3% 22.3% 7.3%
Operating income CAGR (3Y) 2.0% 11.0% 5.2%
Net income growth (1Y) 3.4% 41.5% 4.7%
Net income CAGR (3Y) 5.4% 4.4% 3.2%
EPS growth (1Y) 6.6% 47.2% 5.7%
EPS CAGR (3Y) 7.7% 7.5% 4.3%
Operating cash flow growth (1Y) 4.1% 19.9% 15.8%
Operating cash flow CAGR (3Y) 10.3% 13.3% 9.1%
Free cash flow growth (1Y) 0.7% 20.5% 18.0%
Free cash flow CAGR (3Y) 10.5% 11.2% 8.3%

Profitability

14 metrics
MetricDPZQSRMCD
Gross margin 40.0% 54.0% 89.7%
EBITDA margin 21.6% 30.3% 54.4%
Operating margin 19.7% 26.9% 46.2%
Pretax margin 15.4% 21.7% 40.4%
Net margin 12.0% 13.1% 31.7%
FCF margin 12.5% 16.8% 26.7%
Operating cash flow margin 15.0% 19.6% 40.9%
Return on equity – 31.8% –
Return on assets 34.5% 6.8% 14.6%
Return on invested capital 85.1% 12.1% 25.9%
Return on capital employed – 11.5% 22.9%
Asset turnover 2.9x 0.4x 0.5x
Cash conversion (OCF / net income) 1.2x 1.1x 1.3x
Stock comp / revenue 0.9% 1.4% 0.6%

Financial Health

11 metrics
MetricDPZQSRMCD
Debt / assets 276.6% 53.1% 66.5%
Debt / equity -1.2x 2.5x -39.0x
Net debt / EBITDA 4.3x 4.2x 2.6x
Debt / FCF 7.7x 8.1x 5.4x
Liabilities / assets 323.9% 78.4% 101.7%
Equity / assets -223.9% 21.6% -1.7%
Interest coverage 5.0x – 7.9x
Current ratio 0.5x 1.0x 1.1x
Quick ratio 0.3x 0.8x 0.8x
Cash ratio 0.1x 0.5x 0.2x
Altman Z-score 2.03 1.66 4.59

Shareholder Returns

7 metrics
MetricDPZQSRMCD
Dividend yield 2.5% 3.4% 3.0%
Net buyback yield 3.6% 0.5% 1.2%
Shareholder yield 6.1% 3.9% 4.2%
Payout ratio (earnings) – – 59.5%
Payout ratio (FCF) – – 70.8%
Dividend growth (1Y) – – 4.6%
Dividend CAGR (3Y) – – 6.3%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDPZQSRMCD
Forward P/E 17.6xFY2026 19.0xFY2026 18.7xFY2026
EPS, next fiscal year $17.79FY2026 $3.96FY2026 $13.26FY2026
EPS growth, next FY +1.3%FY2026 +7.3%FY2026 +8.7%FY2026
EPS growth, the year after +10.5% +8.3% +6.9%
Revenue, next fiscal year $5.29BFY2026 $10.27BFY2026 $29.26BFY2026
Revenue growth, next FY +7.2%FY2026 +8.9%FY2026 +8.8%FY2026
Revenue growth, the year after +3.1% -10.0% -3.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDPZQSRMCD
Held by institutions 100.0% 92.2% 74.2%
Institutions holding 733 575 3,473
Change in shares held, QoQ +2.4% +6.5% +0.4%
Institutions buying 381 319 1,534
Institutions selling 288 165 1,485
Buyers to sellers 1.32 1.93 1.03

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DPZQSRMCD
DPZ 1.00 0.43 0.50
QSR 0.43 1.00 0.39
MCD 0.50 0.39 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DPZ, QSR and MCD?

Mcdonalds (MCD) is the largest by market capitalisation: Dominos Pizza (DPZ) $10.35B, Restaurant Brands International (QSR) $25.94B, Mcdonalds (MCD) $177.91B.

Which stock is cheaper, DPZ, QSR and MCD?

Dominos Pizza (DPZ) trades on the lowest price-to-earnings ratio (Dominos Pizza (DPZ) 17.0x, Restaurant Brands International (QSR) 20.4x, Mcdonalds (MCD) 20.2x). On next year's consensus earnings, Dominos Pizza (DPZ) is cheapest (Dominos Pizza (DPZ) 17.6x, Restaurant Brands International (QSR) 19.0x, Mcdonalds (MCD) 18.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Restaurant Brands International (QSR) grew revenue fastest over the trailing twelve months: Dominos Pizza (DPZ) +4.5%, Restaurant Brands International (QSR) +6.5%, Mcdonalds (MCD) +6.3%.

Which company is more profitable?

Mcdonalds (MCD) has the highest net margin (Dominos Pizza (DPZ) 12.0%, Restaurant Brands International (QSR) 13.1%, Mcdonalds (MCD) 31.7%). On return on invested capital, Dominos Pizza (DPZ) leads (Dominos Pizza (DPZ) 85.1%, Restaurant Brands International (QSR) 12.1%, Mcdonalds (MCD) 25.9%).

Which stock has performed better?

Over the past year Restaurant Brands International (QSR) returned the most: Dominos Pizza (DPZ) -25.6%, Restaurant Brands International (QSR) +11.7%, Mcdonalds (MCD) -19.1%. Over five years, Restaurant Brands International (QSR) compounded fastest (Dominos Pizza (DPZ) -7.6%/yr, Restaurant Brands International (QSR) +4.0%/yr, Mcdonalds (MCD) +0.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Dominos Pizza (DPZ) 0.00%, Restaurant Brands International (QSR) 0.00%, Mcdonalds (MCD) 0.03%. Dominos Pizza (DPZ) and Restaurant Brands International (QSR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Mcdonalds (MCD) has been the steadiest (Dominos Pizza (DPZ) 32.2%, Restaurant Brands International (QSR) 24.9%, Mcdonalds (MCD) 19.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DPZ, QSR and MCD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Mcdonalds (MCD) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.