Restaurant Brands International (QSR) Net Margin (2013 - 2026)

Restaurant Brands International's (QSR) quarterly Net Margin came in at 14.93% in Q1 2026, up 739.0% year-on-year from 1.78% in Q1 2025, and up 225.8% on a QoQ basis from 4.58% in Q4 2025.

Restaurant Brands International (QSR) Net Margin (2013 - 2026) Analysis & Trends

Restaurant Brands International (QSR) has 14 years of Net Margin data on file, last reported at 14.93% in Q1 2026.

  • On a quarterly basis, Net Margin rose 739.0% year-over-year to 14.93% in Q1 2026; TTM through Mar 2026 was 9.96%, a 87.0% decrease from a year earlier, with the FY2025 full-year figure at 8.23%, down 392.0% from the prior year.
  • Net Margin for Q1 2026 stood at 14.93%, up from 4.58% in the prior quarter.
  • Over the last five years, Net Margin for QSR reached as high as 27.91% in Q4 2023 and fell as low as 4.58% in Q4 2025.
  • Historically, Net Margin has averaged 13.25% across 5 years, with a median of 13.23% in 2024.
  • Across the five-year window, Net Margin surged 1435 bps in 2023 and slumped 1663 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 13.56% in 2022, then surged by 106 bps to 27.91% in 2023, then slumped by 60 bps to 11.28% in 2024, then slumped by 59 bps to 4.58% in 2025, then surged by 226 bps to 14.93% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 14.93% in Q1 2026, 4.58% in Q4 2025, and 12.86% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 5.36%
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 9.81%
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 20.98%
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 14.93%
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn -0.08%
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 10.06%
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 7.56%
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 11.37%
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 5.10%
10 Brinker International 7.99 Bn 7.93 Bn 1.10 Bn 8.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.93%
Dec 31, 2025 4.58%
Sep 30, 2025 12.86%
Jun 30, 2025 7.84%
Mar 31, 2025 7.54%
Dec 31, 2024 11.28%
Sep 30, 2024 11.00%
Jun 30, 2024 13.46%
Mar 31, 2024 13.23%
Dec 31, 2023 27.91%
Sep 30, 2023 13.72%
Jun 30, 2023 13.58%
Mar 31, 2023 11.89%
Dec 31, 2022 13.56%
Sep 30, 2022 20.86%
Jun 30, 2022 14.40%
Mar 31, 2022 12.61%
Dec 31, 2021 11.58%
Sep 30, 2021 14.78%
Jun 30, 2021 18.01%