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
DateValue
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%