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

Restaurant Brands International (QSR) posted quarterly Tax Rate of 7.87% for Q1 2026, down 1902.0% year-over-year from 0.44% in Q1 2025, and down 82.33% quarter-over-quarter from 44.53% in Q4 2025.

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

Restaurant Brands International (QSR) has reported Tax Rate for 13 consecutive years, with 7.87% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate fell 1902.0% year-over-year to 7.87%; the TTM figure through Mar 2026 stood at 23.58% (up 157.0% YoY), while the FY2025 annual figure was 28.68%, up 856.0% from the prior year.
  • Tax Rate eased to 7.87% in Q1 2026 per QSR's latest filing, from 44.53% in the prior quarter.
  • Across five years, Tax Rate topped out at 44.53% in Q4 2025 and bottomed at 129.75% in Q4 2023.
  • Historically, Tax Rate has averaged 2.99% across 5 years, with a median of 16.41% in 2022.
  • Annual changes were most pronounced in 2022 — Tax Rate plunged 7568 bps — and 2024, when it jumped 15755 bps.
  • Restaurant Brands International's Tax Rate stood at 66.34% in 2022, then tumbled by 96 bps to 129.75% in 2023, then soared by 121 bps to 27.8% in 2024, then soared by 60 bps to 44.53% in 2025, then tumbled by 82 bps to 7.87% in 2026.
  • Business Quant data shows QSR's Tax Rate at 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 Mcdonalds 193.05 Bn 192.23 Bn 6.42 Bn 19.55%
2 Starbucks 122.77 Bn 119.16 Bn 6.49 Bn 26.38%
3 Chipotle Mexican Grill 42.40 Bn 41.73 Bn 2.35 Bn 24.33%
4 Yum Brands 40.42 Bn 39.75 Bn 1.47 Bn -60.04%
5 Restaurant Brands International 27.11 Bn 27.59 Bn 1.89 Bn -12.33%
6 Darden Restaurants 25.70 Bn 25.48 Bn 3.68 Bn 12.41%
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn -12.33%
8 Yum China Holdings 16.42 Bn 15.74 Bn 2.22 Bn 25.99%
9 Texas Roadhouse 13.58 Bn 13.40 Bn 1.44 Bn 13.53%
10 Dominos Pizza 11.46 Bn 11.32 Bn 478.23 Mn 22.53%

Historic Data

Download Data
DateValue
Jun 30, 2026 -12.33%
Jun 30, 2026 -12.33%
Jun 30, 2026 -12.33%
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%