KPIs & Operating Metrics(New)
Growth Metrics

Restaurant Brands International (QSR) FCF Margin (2016 - 2025)

Restaurant Brands International (QSR) has disclosed FCF Margin for 12 consecutive years, with 26.97% as the latest value for Q4 2025.

  • On a quarterly basis, FCF Margin rose 284.0% to 26.97% in Q4 2025 year-over-year; TTM through Dec 2025 was 17.61%, a 33.0% increase, with the full-year FY2025 number at 17.61%, up 33.0% from a year prior.
  • FCF Margin was 26.97% for Q4 2025 at Restaurant Brands International, up from 21.68% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 32.51% in Q3 2021 to a low of 4.74% in Q1 2025.
  • A 5-year average of 19.93% and a median of 21.03% in 2023 define the central range for FCF Margin.
  • Peak YoY movement for FCF Margin: soared 2734bps in 2021, then tumbled -1084bps in 2022.
  • Restaurant Brands International's FCF Margin stood at 28.14% in 2021, then fell by -21bps to 22.2% in 2022, then dropped by -12bps to 19.56% in 2023, then grew by 23bps to 24.13% in 2024, then grew by 12bps to 26.97% in 2025.
  • Per Business Quant, the three most recent readings for QSR's FCF Margin are 26.97% (Q4 2025), 21.68% (Q3 2025), and 15.15% (Q2 2025).