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% quarter-over-quarter from $2.58 in Q4 2025.

Restaurant Brands International (QSR) Debt to Equity (2013 - 2026) Analysis & Trends

Restaurant Brands International (QSR) has 14 years of Debt to Equity data on file, last reported at $2.51 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $2.51, down 11.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.51 (down 11.2% YoY), and the FY2025 annual result was $2.58, down 8.59% from the prior year.
  • Debt to Equity retreated to $2.51 in Q1 2026 per QSR's latest filing, from $2.58 in the prior quarter.
  • Over five years, Debt to Equity peaked at $3.32 in Q2 2022 and troughed at $2.51 in Q1 2026.
  • A 5-year average of $2.84 and a median of $2.77 in 2024 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity gained 13.36% in 2022, then fell 16.82% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $3.04 in 2022, then dropped by 9.84% to $2.74 in 2023, then grew by 3.11% to $2.82 in 2024, then slipped by 8.59% to $2.58 in 2025, then retreated by 2.6% to $2.51 in 2026.
  • Business Quant data shows QSR's Debt to Equity at $2.51 in Q1 2026, $2.58 in Q4 2025, and $2.62 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn -1.78
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn -
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn -1.64
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 2.51
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 0.14
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 0.00
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 0.03
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn -1.25
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn -
10 Dutch Bros 8.99 Bn 8.95 Bn 107.48 Mn 0.29

Historic Data

Download Data
DateValue
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