Restaurant Brands International (QSR) EBT Margin (2013 - 2026)
Restaurant Brands International (QSR) reported EBT Margin of 21.33% for Q1 2026, up 687.0% year-over-year from 2.71% in Q1 2025, and up 6.5% quarter-over-quarter from 20.03% in Q4 2025.
Restaurant Brands International (QSR) EBT Margin (2013 - 2026) Analysis & Trends
Restaurant Brands International (QSR) has 14 years of EBT Margin data on file, last reported at 21.33% in Q1 2026.
- EBT Margin for Q1 2026 came in at 21.33%, up 687.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.42% (down 16.0% YoY), and the FY2025 annual result was 17.85%, down 367.0% from the prior year.
- EBT Margin improved to 21.33% in Q1 2026 per QSR's latest filing, from 20.03% in the prior quarter.
- Over five years, EBT Margin peaked at 25.14% in Q2 2022 and troughed at 11.96% in Q4 2022.
- A 5-year average of 20.32% and a median of 21.78% in 2024 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2025 and 2026: EBT Margin slumped 870 bps in 2025, then jumped 687 bps in 2026.
- A 5-year view of EBT Margin shows it stood at 11.96% in 2022, then jumped by 45 bps to 17.36% in 2023, then gained by 25 bps to 21.78% in 2024, then fell by 8 bps to 20.03% in 2025, then increased by 6 bps to 21.33% in 2026.
- Business Quant data shows QSR's EBT Margin at 21.33% in Q1 2026, 20.03% in Q4 2025, and 21.8% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 7.64% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 13.14% |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 25.06% |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 21.33% |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 10.67% |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 13.82% |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 9.00% |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 15.70% |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 2.21% |
| 10 | Dutch Bros | 8.99 Bn | 8.95 Bn | 107.48 Mn | 5.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.33% |
| Dec 31, 2025 | 20.03% |
| Sep 30, 2025 | 21.80% |
| Jun 30, 2025 | 14.56% |
| Mar 31, 2025 | 14.46% |
| Dec 31, 2024 | 21.78% |
| Sep 30, 2024 | 18.73% |
| Jun 30, 2024 | 23.27% |
| Mar 31, 2024 | 22.77% |
| Dec 31, 2023 | 17.36% |
| Sep 30, 2023 | 23.03% |
| Jun 30, 2023 | 23.04% |
| Mar 31, 2023 | 19.18% |
| Dec 31, 2022 | 11.96% |
| Sep 30, 2022 | 24.80% |
| Jun 30, 2022 | 25.14% |
| Mar 31, 2022 | 22.26% |
| Dec 31, 2021 | 18.69% |
| Sep 30, 2021 | 26.35% |
| Jun 30, 2021 | 25.17% |