Restaurant Brands International (QSR) Tax Rate (2014 - 2026)

Restaurant Brands International's (QSR) quarterly Tax Rate came in at 7.87% in Q1 2026, down 1902.0% year-on-year from 0.44% in Q1 2025, and down 82.33% on a QoQ basis from 44.53% in Q4 2025.

Restaurant Brands International (QSR) Tax Rate (2014 - 2026) Analysis & Trends

Restaurant Brands International (QSR) has 13 years of Tax Rate data on file, last reported at 7.87% in Q1 2026.

  • On a quarterly basis, Tax Rate fell 1902.0% year-over-year to 7.87% in Q1 2026; TTM through Mar 2026 was 23.58%, a 157.0% increase from a year earlier, with the FY2025 full-year figure at 28.68%, up 856.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 7.87%, down from 44.53% in the prior quarter.
  • Over the last five years, Tax Rate for QSR reached as high as 44.53% in Q4 2025 and fell as low as 129.75% in Q4 2023.
  • Historically, Tax Rate has averaged 2.99% across 5 years, with a median of 16.41% in 2022.
  • Across the five-year window, Tax Rate slumped 7568 bps in 2022 and surged 15755 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 66.34% in 2022, then tumbled by 96 bps to 129.75% in 2023, then surged by 121 bps to 27.8% in 2024, then surged by 60 bps to 44.53% in 2025, then tumbled by 82 bps to 7.87% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 7.87% in Q1 2026, 44.53% in Q4 2025, and 17.6% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Starbucks 118.28 Bn 116.58 Bn 6.32 Bn 29.84
2 Yum Brands 41.26 Bn 40.58 Bn 1.38 Bn 16.28
3 Chipotle Mexican Grill 41.21 Bn 40.34 Bn 2.61 Bn 25.38
4 Restaurant Brands International 25.26 Bn 24.25 Bn 2.14 Bn 7.87
5 Darden Restaurants 22.64 Bn 22.40 Bn 3.31 Bn 12.95
6 Yum China Holdings 15.35 Bn 13.92 Bn 2.31 Bn 27.21
7 Texas Roadhouse 12.76 Bn 12.54 Bn 1.40 Bn 14.31
8 Dominos Pizza 11.11 Bn 10.98 Bn 478.23 Mn 22.53
9 Dutch Bros 8.18 Bn 7.92 Bn 107.48 Mn 12.37
10 Brinker International 8.13 Bn 8.07 Bn 1.10 Bn 18.38

Historic Data

Download Data
DateValue
Mar 31, 2026 7.87
Mar 31, 2026 7.87
Mar 31, 2026 7.87
Dec 31, 2025 44.53
Dec 31, 2025 44.53
Dec 31, 2025 44.53
Sep 30, 2025 17.60
Sep 30, 2025 17.60
Sep 30, 2025 17.60
Jun 30, 2025 24.79
Jun 30, 2025 24.79
Jun 30, 2025 24.79
Mar 31, 2025 26.89
Mar 31, 2025 26.89
Mar 31, 2025 26.89
Dec 31, 2024 27.80
Dec 31, 2024 27.80
Dec 31, 2024 27.80
Sep 30, 2024 16.78
Sep 30, 2024 16.78