Restaurant Brands International (QSR) Cash from Operations (2014 - 2026)
Restaurant Brands International's Cash from Operations came in at $551 million for Q3 2026, down 6.9% from $592 million a year earlier but up 4.0% from the prior quarter.
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Analysis
Restaurant Brands International (QSR) Cash from Operations (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Restaurant Brands International reported Cash from Operations of $1.86 billion, up 13.6% year-over-year; for FY2025, it was $1.71 billion, up 14.0% from FY2024.
- Cash from Operations carries a five-year compound annual growth rate of 13.2% (FY2020 to FY2025).
- Going back by year, Cash from Operations was $1.5 billion in FY2024 (+13.6%), $1.32 billion in FY2023 (-11.2%), $1.49 billion in FY2022 (-13.7%) and $1.73 billion in FY2021 (+87.4%).
- The five-year range for quarterly Cash from Operations is $95 million (Q1 2023) to $592 million (Q3 2025).
- Year-over-year, Cash from Operations increased in six of the last eight quarters, with growth averaging 20.3%.
- The fastest year-over-year change in Cash from Operations over five years came in Q1 2026 (growth of 92.4%), and the weakest in Q1 2023 (a decline of 59.4%).
- Business Quant data shows QSR's Cash from Operations at $530 million (Q2 2026), $227 million (Q1 2026) and $555 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 198.28 Bn | 193.10 Bn | 6.42 Bn | 2.81 Bn |
| 2 | Starbucks | 125.06 Bn | 112.69 Bn | - | 1.64 Bn |
| 3 | Yum Brands | 45.39 Bn | 42.27 Bn | 1.47 Bn | 507.00 Mn |
| 4 | Chipotle Mexican Grill | 44.51 Bn | 41.01 Bn | - | 590.14 Mn |
| 5 | Restaurant Brands International | 27.33 Bn | 24.70 Bn | 1.40 Bn | 551.00 Mn |
| 6 | Darden Restaurants | 26.09 Bn | 25.18 Bn | 1.68 Bn | 279.00 Mn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 551.00 Mn |
| 8 | Yum China Holdings | 17.13 Bn | 11.49 Bn | 537.00 Mn | 426.00 Mn |
| 9 | Texas Roadhouse | 12.88 Bn | 12.25 Bn | - | 180.15 Mn |
| 10 | Dominos Pizza | 11.21 Bn | 10.45 Bn | 476.38 Mn | 168.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 551.00 Mn |
| Jun 30, 2026 | 530.00 Mn |
| Mar 31, 2026 | 227.00 Mn |
| Dec 31, 2025 | 555.00 Mn |
| Sep 30, 2025 | 592.00 Mn |
| Jun 30, 2025 | 449.00 Mn |
| Mar 31, 2025 | 118.00 Mn |
| Dec 31, 2024 | 481.00 Mn |
| Sep 30, 2024 | 540.00 Mn |
| Jun 30, 2024 | 334.00 Mn |
| Mar 31, 2024 | 148.00 Mn |
| Dec 31, 2023 | 403.00 Mn |
| Sep 30, 2023 | 433.00 Mn |
| Jun 30, 2023 | 392.00 Mn |
| Mar 31, 2023 | 95.00 Mn |
| Dec 31, 2022 | 423.00 Mn |
| Sep 30, 2022 | 398.00 Mn |
| Jun 30, 2022 | 435.00 Mn |
| Mar 31, 2022 | 234.00 Mn |
| Dec 31, 2021 | 471.00 Mn |
API Access
Restaurant Brands International Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=QSR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "QSR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=QSR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();