Restaurant Brands International (QSR) Net Margin (2013 - 2026)
Restaurant Brands International's (QSR) quarterly Net Margin came in at 20.12% in Q2 2026, up 1228.0% year-over-year from 1.51% in Q2 2025, and up 34.76% quarter-over-quarter from 14.93% in Q1 2026.
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Restaurant Brands International (QSR) Net Margin (2013 - 2026) Analysis & Trends
Restaurant Brands International (QSR) has reported Net Margin for 14 consecutive years, with 20.12% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 1228.0% year-over-year to 20.12% in Q2 2026; TTM through Jun 2026 was 13.13%, a 369.0% increase from a year earlier, with the FY2025 full-year figure at 8.23%, down 392.0% from the prior year.
- Net Margin was 20.12% for Q2 2026 at Restaurant Brands International, up from 14.93% in the prior quarter.
- Over five years, Net Margin peaked at 27.91% in Q4 2023 and troughed at 4.58% in Q4 2025.
- A 5-year average of 13.63% and a median of 13.34% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 1435 bps in 2023 and sank 1663 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 13.56% in 2022, then jumped 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 jumped by 339 bps to 20.12% in 2026.
- The last three Net Margin figures came in at 20.12% (Q2 2026), 14.93% (Q1 2026), and 4.58% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 11.21% |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 12.05% |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 39.33% |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 20.12% |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 10.89% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 26.39% |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 8.35% |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 7.26% |
| 10 | Dominos Pizza | 9.81 Bn | 9.60 Bn | 478.23 Mn | 11.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.12% |
| 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% |
API Access
Restaurant Brands International Net 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=net-margin&ticker=QSR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=QSR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();