Restaurant Brands International (QSR) Debt to Equity (2013 - 2026)
Restaurant Brands International (QSR) reported Debt to Equity of $2.51 for Q1 2026, down 11.2% year-over-year from $2.83 in Q1 2025, and down 2.6% on a QoQ basis from $2.58 in Q4 2025.
Restaurant Brands International (QSR) has 14 years of Debt to Equity data on file, last reported at $2.51 in Q1 2026.
- Quarterly Debt to Equity fell 11.2% year-over-year to $2.51 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.51 (down 11.2% YoY) and the FY2025 annual result came in at $2.58, down 8.59% from the prior year.
- Debt to Equity slipped to $2.51 in Q1 2026 per QSR's latest filing, from $2.58 in the prior quarter.
- Across five years, Debt to Equity topped out at $3.32 in Q2 2022 and bottomed at $2.51 in Q1 2026.
- The 5-year median for Debt to Equity is $2.77 (2024), against an average of $2.84.
- The widest annual swing landed in 2022, when Debt to Equity increased 13.36%; it then dropped 16.82% in 2023.
- Tracing QSR's Debt to Equity over 5 years: stood at $3.04 in 2022, then decreased by 9.84% to $2.74 in 2023, then advanced by 3.11% to $2.82 in 2024, then retreated by 8.59% to $2.58 in 2025, then declined by 2.6% to $2.51 in 2026.
- Per Business Quant, the three latest QSR Debt to Equity figures stand at $2.51 (Q1 2026), $2.58 (Q4 2025), and $2.62 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | -1.78 |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | -1.64 |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | - |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 2.51 |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 0.14 |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 0.00 |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 0.03 |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | -1.25 |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | - |
| 10 | Dutch Bros | 7.47 Bn | 7.43 Bn | 107.48 Mn | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.51 |
| Dec 31, 2025 | 2.58 |
| Sep 30, 2025 | 2.62 |
| Jun 30, 2025 | 2.68 |
| Mar 31, 2025 | 2.83 |
| Dec 31, 2024 | 2.82 |
| Sep 30, 2024 | 2.72 |
| Jun 30, 2024 | 2.77 |
| Mar 31, 2024 | 2.68 |
| Dec 31, 2023 | 2.74 |
| Sep 30, 2023 | 2.78 |
| Jun 30, 2023 | 2.76 |
| Mar 31, 2023 | 3.00 |
| Dec 31, 2022 | 3.04 |
| Sep 30, 2022 | 3.21 |
| Jun 30, 2022 | 3.32 |
| Mar 31, 2022 | 3.28 |
| Dec 31, 2021 | 3.38 |
| Sep 30, 2021 | 3.04 |
| Jun 30, 2021 | 2.93 |
| Mar 31, 2021 | 3.12 |
| Dec 31, 2020 | 3.36 |
| Sep 30, 2020 | 3.17 |
| Jun 30, 2020 | 3.22 |
| Mar 31, 2020 | 3.44 |
| Dec 31, 2019 | 2.78 |
| Sep 30, 2019 | 3.04 |
| Jun 30, 2019 | 2.99 |
| Mar 31, 2019 | 3.14 |
| Dec 31, 2018 | 3.29 |
| Sep 30, 2018 | 2.69 |
| Jun 30, 2018 | 2.81 |
| Mar 31, 2018 | 2.80 |
| Dec 31, 2017 | 2.59 |
| Sep 30, 2017 | 5.33 |
| Jun 30, 2017 | 5.89 |
| Mar 31, 2017 | 5.44 |
| Dec 31, 2016 | 2.44 |
| Sep 30, 2016 | 4.93 |
| Jun 30, 2016 | 5.01 |
| Mar 31, 2016 | 2.55 |
| Dec 31, 2015 | 2.92 |
| Sep 30, 2015 | 5.87 |
| Jun 30, 2015 | 5.63 |
| Mar 31, 2015 | 5.89 |
| Dec 31, 2014 | 2.29 |
| Dec 31, 2013 | 1.95 |