Restaurant Brands International (QSR) FCF Margin (2014 - 2026)
Restaurant Brands International (QSR) posted FCF Margin of 18.97% for Q3 2026, down 2.71 percentage points from 21.68% a year earlier and down 0.04 percentage points from the prior quarter.
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Analysis
Restaurant Brands International (QSR) FCF Margin (2014 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Margin at Restaurant Brands International was 16.16%, up 1.05 percentage points year-over-year; for FY2025, it was 15.36%, down 0.13 percentage points from FY2024.
- Annual FCF Margin has declined for four consecutive years, with a five-year change of -0.82 percentage points (FY2020 to FY2025).
- In prior years, Restaurant Brands International's FCF Margin was 15.49% in FY2024 (-1.64 pp), 17.13% in FY2023 (-4.24 pp), 21.37% in FY2022 (-6.86 pp) and 28.23% in FY2021 (+12.04 pp).
- Quarterly FCF Margin has run from a low of 2.56% in Q1 2025 to a high of 28.14% in Q4 2021 over five years.
- On a year-over-year basis, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +0.26 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2021, with a gain of 8.48 percentage points; the weakest was Q3 2022, with a drop of 10.84 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 19.01% (Q2 2026), 7.46% (Q1 2026) and 18.37% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 198.28 Bn | 193.10 Bn | 6.42 Bn | 26.79% |
| 2 | Starbucks | 125.06 Bn | 112.69 Bn | - | 14.49% |
| 3 | Yum Brands | 45.39 Bn | 42.27 Bn | 1.47 Bn | 18.76% |
| 4 | Chipotle Mexican Grill | 44.51 Bn | 41.01 Bn | - | 10.54% |
| 5 | Restaurant Brands International | 27.33 Bn | 24.70 Bn | 1.40 Bn | 18.97% |
| 6 | Darden Restaurants | 26.09 Bn | 25.18 Bn | 1.68 Bn | 3.09% |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 18.97% |
| 8 | Yum China Holdings | 17.13 Bn | 11.49 Bn | 537.00 Mn | 9.53% |
| 9 | Texas Roadhouse | 12.88 Bn | 12.25 Bn | - | 4.85% |
| 10 | Dominos Pizza | 11.21 Bn | 10.45 Bn | 476.38 Mn | 12.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.97% |
| Jun 30, 2026 | 19.01% |
| Mar 31, 2026 | 7.46% |
| Dec 31, 2025 | 18.37% |
| Sep 30, 2025 | 21.68% |
| Jun 30, 2025 | 17.05% |
| Mar 31, 2025 | 2.56% |
| Dec 31, 2024 | 17.60% |
| Sep 30, 2024 | 21.17% |
| Jun 30, 2024 | 13.99% |
| 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% |
API Access
Restaurant Brands International FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=QSR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "QSR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=QSR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();