Restaurant Brands International (QSR) EBT Margin (2013 - 2026)
Restaurant Brands International (QSR) posted quarterly 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 reported EBT Margin for 14 consecutive years, with 21.33% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin rose 687.0% year-over-year to 21.33%; the TTM figure through Mar 2026 stood at 19.42% (down 16.0% YoY), while the FY2025 annual figure was 17.85%, down 367.0% from the prior year.
- EBT Margin advanced to 21.33% in Q1 2026 per QSR's latest filing, from 20.03% in the prior quarter.
- Across five years, EBT Margin topped out at 25.14% in Q2 2022 and bottomed at 11.96% in Q4 2022.
- Historically, EBT Margin has averaged 20.32% across 5 years, with a median of 21.78% in 2024.
- Annual changes were most pronounced in 2025 — EBT Margin slumped 870 bps — and 2026, when it jumped 687 bps.
- Restaurant Brands International's EBT Margin stood at 11.96% in 2022, then surged by 45 bps to 17.36% in 2023, then advanced by 25 bps to 21.78% in 2024, then retreated by 8 bps to 20.03% in 2025, then rose 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 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 41.36% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 15.22% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 15.93% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 24.57% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 23.49% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 12.52% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 23.49% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 11.28% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 8.57% |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | 14.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.49% |
| 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% |