Restaurant Brands International (QSR) FCF Margin (2014 - 2026)
Restaurant Brands International (QSR) reported FCF Margin of 7.46% for Q1 2026, up 272.0% year-over-year from 2.01% in Q1 2025, and down 72.32% quarter-over-quarter from 26.97% in Q4 2025.
Restaurant Brands International (QSR) FCF Margin (2014 - 2026) Analysis & Trends
Restaurant Brands International (QSR) has 13 years of FCF Margin data on file, last reported at 7.46% in Q1 2026.
- FCF Margin for Q1 2026 came in at 7.46%, up 272.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.04% (up 375.0% YoY), and the FY2025 annual result was 17.61%, up 212.0% from the prior year.
- FCF Margin retreated to 7.46% in Q1 2026 per QSR's latest filing, from 26.97% in the prior quarter.
- Over five years, FCF Margin peaked at 26.97% in Q4 2025 and troughed at 4.74% in Q1 2025.
- A 5-year average of 16.93% and a median of 19.56% in 2023 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2025: FCF Margin slumped 1084 bps in 2022, then jumped 937 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 22.2% in 2022, then slipped by 12 bps to 19.56% in 2023, then declined by 10 bps to 17.6% in 2024, then surged by 53 bps to 26.97% in 2025, then plunged by 72 bps to 7.46% in 2026.
- Business Quant data shows QSR's FCF Margin at 7.46% in Q1 2026, 26.97% in Q4 2025, and 21.68% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 0.96% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 15.25% |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 16.56% |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 7.46% |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 13.51% |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 12.41% |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 10.96% |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 12.77% |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 1.04% |
| 10 | Dutch Bros | 8.99 Bn | 8.95 Bn | 107.48 Mn | 13.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.46% |
| Dec 31, 2025 | 26.97% |
| Sep 30, 2025 | 21.68% |
| Jun 30, 2025 | 15.15% |
| Mar 31, 2025 | 4.74% |
| Dec 31, 2024 | 17.60% |
| Sep 30, 2024 | 21.17% |
| Jun 30, 2024 | 12.74% |
| Mar 31, 2024 | 8.51% |
| 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% |
| Jun 30, 2021 | 31.15% |