Restaurant Brands International (QSR) Interest Coverage Ratio (2014 - 2024)
Restaurant Brands International (QSR) posted quarterly Interest Coverage Ratio of 4.42 for Q1 2026, up 55.58% year-over-year from 2.84 in Q1 2025, and up 107.12% quarter-over-quarter from 62.1 in Q4 2025.
Analysis
Restaurant Brands International (QSR) Interest Coverage Ratio (2014 - 2024) Analysis & Trends
Restaurant Brands International (QSR) has reported Interest Coverage Ratio for 14 consecutive years, with 4.42 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 55.58% year-over-year to 4.42; the TTM figure through Mar 2026 stood at 6.23 (up 113.0% YoY), while the FY2025 annual figure was 1.45, down 4.96% from the prior year.
- Interest Coverage Ratio improved to 4.42 in Q1 2026 per QSR's latest filing, from 62.1 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 14.62 in Q4 2023 and bottomed at 62.1 in Q4 2025.
- Historically, Interest Coverage Ratio has averaged 0.51 across 5 years, with a median of 3.91 in 2022.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio jumped 474.86% — and 2025, when it tumbled 3493.5%.
- Restaurant Brands International's Interest Coverage Ratio stood at 2.54 in 2022, then surged by 474.86% to 14.62 in 2023, then sank by 87.49% to 1.83 in 2024, then plunged by 3493.5% to 62.1 in 2025, then surged by 107.12% to 4.42 in 2026.
- Business Quant data shows QSR's Interest Coverage Ratio at 4.42 in Q1 2026, 62.1 in Q4 2025, and 5.22 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 181.46 Bn | 180.64 Bn | 6.42 Bn | 8.16 |
| 2 | Starbucks | 119.15 Bn | 115.53 Bn | 6.49 Bn | 7.28 |
| 3 | Chipotle Mexican Grill | 47.22 Bn | 46.55 Bn | 2.35 Bn | - |
| 4 | Yum Brands | 41.34 Bn | 40.66 Bn | 1.47 Bn | - |
| 5 | Restaurant Brands International | 27.92 Bn | 26.86 Bn | 1.89 Bn | - |
| 6 | Darden Restaurants | 25.01 Bn | 24.79 Bn | 3.68 Bn | - |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 5.77 |
| 8 | Yum China Holdings | 15.19 Bn | 13.80 Bn | 2.22 Bn | - |
| 9 | Texas Roadhouse | 12.42 Bn | 12.22 Bn | 1.44 Bn | - |
| 10 | Dominos Pizza | 11.33 Bn | 11.13 Bn | 478.23 Mn | 1.72 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.75 |
| Dec 31, 2023 | 1.60 |
| Sep 30, 2023 | 1.79 |
| Jun 30, 2023 | 1.78 |
| Mar 31, 2023 | 1.65 |
| Dec 31, 2022 | 1.38 |
| Sep 30, 2022 | 2.03 |
| Jun 30, 2022 | 2.09 |
| Mar 31, 2022 | 1.82 |
| Dec 31, 2021 | 1.76 |
| Sep 30, 2021 | 2.18 |
| Jun 30, 2021 | 2.01 |
| Mar 31, 2021 | 1.86 |
| Dec 31, 2020 | 1.61 |
| Sep 30, 2020 | 2.00 |
| Jun 30, 2020 | 1.20 |
| Mar 31, 2020 | 1.72 |
| Mar 31, 2017 | 3.36 |
| Dec 31, 2016 | 1.95 |
| Sep 30, 2016 | 7.70 |