Restaurant Brands International (QSR) Free Cash Flow (2014 - 2026)
Restaurant Brands International (QSR) reported Free Cash Flow of $169.0 million for Q1 2026, up 69.0% year-over-year from $100.0 million in Q1 2025, and down 74.59% quarter-over-quarter from $665.0 million in Q4 2025.
Restaurant Brands International (QSR) Free Cash Flow (2014 - 2026) Analysis & Trends
Restaurant Brands International (QSR) has 13 years of Free Cash Flow data on file, last reported at $169.0 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $169.0 million, up 69.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 37.96% YoY), and the FY2025 annual result was $1.7 billion, up 27.57% from the prior year.
- Free Cash Flow slipped to $169.0 million in Q1 2026 per QSR's latest filing, from $665.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $665.0 million in Q4 2025 and troughed at $77.0 million in Q1 2023.
- A 5-year average of $336.8 million and a median of $365.0 million in 2025 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow sank 65.62% in 2023, then soared 92.21% in 2024.
- A 5-year view of Free Cash Flow shows it stood at $375.0 million in 2022, then dropped by 5.07% to $356.0 million in 2023, then climbed by 13.48% to $404.0 million in 2024, then jumped by 64.6% to $665.0 million in 2025, then slumped by 74.59% to $169.0 million in 2026.
- Business Quant data shows QSR's Free Cash Flow at $169.0 million in Q1 2026, $665.0 million in Q4 2025, and $531.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 91.80 Mn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 471.02 Mn |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 341.00 Mn |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 169.00 Mn |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 451.90 Mn |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 406.00 Mn |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 178.92 Mn |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 146.91 Mn |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 2.87 Mn |
| 10 | Dutch Bros | 8.99 Bn | 8.95 Bn | 107.48 Mn | 64.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 169.00 Mn |
| Mar 31, 2026 | 169.00 Mn |
| Dec 31, 2025 | 665.00 Mn |
| Dec 31, 2025 | 665.00 Mn |
| Sep 30, 2025 | 531.00 Mn |
| Sep 30, 2025 | 531.00 Mn |
| Jun 30, 2025 | 365.00 Mn |
| Jun 30, 2025 | 365.00 Mn |
| Mar 31, 2025 | 100.00 Mn |
| Mar 31, 2025 | 100.00 Mn |
| Dec 31, 2024 | 404.00 Mn |
| Dec 31, 2024 | 404.00 Mn |
| Sep 30, 2024 | 485.00 Mn |
| Sep 30, 2024 | 485.00 Mn |
| Jun 30, 2024 | 265.00 Mn |
| Jun 30, 2024 | 265.00 Mn |
| Mar 31, 2024 | 148.00 Mn |
| Mar 31, 2024 | 148.00 Mn |
| Dec 31, 2023 | 356.00 Mn |
| Dec 31, 2023 | 356.00 Mn |