Restaurant Brands International (QSR) FCF Margin (2014 - 2026)
Restaurant Brands International (QSR) posted quarterly FCF Margin of 7.46% for Q1 2026, up 272.0% year-over-year from 2.01% in Q1 2025, and down 59.36% quarter-over-quarter from 18.37% in Q4 2025.
Restaurant Brands International (QSR) FCF Margin (2014 - 2026) Analysis & Trends
Restaurant Brands International (QSR) has reported FCF Margin for 13 consecutive years, with 7.46% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 272.0% year-over-year to 7.46%; the TTM figure through Mar 2026 stood at 15.83% (down 46.0% YoY), while the FY2025 annual figure was 15.36%, down 191.0% from the prior year.
- FCF Margin declined to 7.46% in Q1 2026 per QSR's latest filing, from 18.37% in the prior quarter.
- Across five years, FCF Margin topped out at 25.44% in Q2 2022 and bottomed at 4.74% in Q1 2025.
- Historically, FCF Margin has averaged 16.81% across 5 years, with a median of 18.46% in 2025.
- Annual changes were most pronounced in 2022 — FCF Margin slumped 1084 bps — and 2026, when it soared 272 bps.
- Restaurant Brands International's FCF Margin stood at 22.2% in 2022, then dropped by 12 bps to 19.56% in 2023, then declined by 4 bps to 18.73% in 2024, then decreased by 2 bps to 18.37% in 2025, then plunged by 59 bps to 7.46% in 2026.
- Business Quant data shows QSR's FCF Margin at 7.46% in Q1 2026, 18.37% in Q4 2025, and 18.42% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 27.83% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 14.49% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 13.84% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 18.76% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 19.01% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 10.19% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 19.01% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 9.53% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 4.85% |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | 13.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.01% |
| Mar 31, 2026 | 7.46% |
| Dec 31, 2025 | 18.37% |
| Sep 30, 2025 | 18.42% |
| Jun 30, 2025 | 18.46% |
| Mar 31, 2025 | 4.74% |
| Dec 31, 2024 | 18.73% |
| Sep 30, 2024 | 23.57% |
| Jun 30, 2024 | 17.31% |
| Mar 31, 2024 | 7.02% |
| Dec 31, 2023 | 19.56% |
| Sep 30, 2023 | 22.21% |
| Jun 30, 2023 | 20.39% |
| Mar 31, 2023 | 4.84% |
| Dec 31, 2022 | 22.20% |
| Sep 30, 2022 | 21.67% |
| Jun 30, 2022 | 25.44% |
| Mar 31, 2022 | 15.44% |
| Dec 31, 2021 | 28.14% |
| Sep 30, 2021 | 32.51% |