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
DateValue
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