Restaurant Brands International (QSR) Tax Rate (2014 - 2026)
Restaurant Brands International (QSR) reported Tax Rate of 7.87% for Q1 2026, down 1902.0% year-over-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) has 13 years of Tax Rate data on file, last reported at 7.87% in Q1 2026.
- Quarterly Tax Rate fell 1902.0% year-over-year to 7.87% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.58% (up 157.0% YoY) and the FY2025 annual result came in at 28.68%, up 856.0% from the prior year.
- Tax Rate retreated 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.
- The 5-year median for Tax Rate is 16.41% (2022), against an average of 2.99%.
- The widest annual swing landed in 2022, when Tax Rate slumped 7568 bps; it then surged 15755 bps in 2024.
- Tracing QSR's Tax Rate over 5 years: stood at 66.34% in 2022, then plunged 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 plunged by 82 bps to 7.87% in 2026.
- Per Business Quant, the three latest QSR Tax Rate figures stand at 7.87% (Q1 2026), 44.53% (Q4 2025), and 17.6% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 29.84 |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 16.28 |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 25.38 |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 7.87 |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 12.95 |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 27.21 |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 14.31 |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 22.60 |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 19.05 |
| 10 | Dutch Bros | 7.47 Bn | 7.43 Bn | 107.48 Mn | 12.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.87 |
| Mar 31, 2026 | 7.87 |
| Dec 31, 2025 | 44.53 |
| Dec 31, 2025 | 44.53 |
| Sep 30, 2025 | 17.60 |
| Sep 30, 2025 | 17.60 |
| Jun 30, 2025 | 24.79 |
| Jun 30, 2025 | 24.79 |
| Mar 31, 2025 | 26.89 |
| Mar 31, 2025 | 26.89 |
| Dec 31, 2024 | 27.80 |
| Dec 31, 2024 | 27.80 |
| Sep 30, 2024 | 16.78 |
| Sep 30, 2024 | 16.78 |
| Jun 30, 2024 | 17.56 |
| Jun 30, 2024 | 17.56 |
| Mar 31, 2024 | 17.17 |
| Mar 31, 2024 | 17.17 |
| Dec 31, 2023 | -129.75 |
| Dec 31, 2023 | -129.75 |
| Sep 30, 2023 | 13.95 |
| Sep 30, 2023 | 13.95 |
| Jun 30, 2023 | 14.18 |
| Jun 30, 2023 | 14.18 |
| Mar 31, 2023 | 9.18 |
| Mar 31, 2023 | 9.18 |
| Dec 31, 2022 | -66.34 |
| Dec 31, 2022 | -66.34 |
| Sep 30, 2022 | -23.83 |
| Sep 30, 2022 | -23.83 |
| Jun 30, 2022 | 16.02 |
| Jun 30, 2022 | 16.02 |
| Mar 31, 2022 | 16.41 |
| Mar 31, 2022 | 16.41 |
| Dec 31, 2021 | 9.34 |
| Dec 31, 2021 | 9.34 |
| Sep 30, 2021 | 16.50 |
| Sep 30, 2021 | 16.50 |
| Jun 30, 2021 | -8.01 |
| Jun 30, 2021 | -8.01 |
| Mar 31, 2021 | 14.78 |
| Mar 31, 2021 | 14.78 |
| Dec 31, 2020 | 2.80 |
| Dec 31, 2020 | 2.80 |
| Sep 30, 2020 | 22.57 |
| Sep 30, 2020 | 22.57 |
| Jun 30, 2020 | -42.61 |
| Jun 30, 2020 | -42.61 |
| Mar 31, 2020 | 17.04 |
| Mar 31, 2020 | 17.04 |
| Dec 31, 2019 | 29.78 |
| Dec 31, 2019 | 29.78 |
| Sep 30, 2019 | 18.37 |
| Sep 30, 2019 | 18.37 |
| Jun 30, 2019 | 27.40 |
| Jun 30, 2019 | 27.40 |
| Mar 31, 2019 | 18.54 |
| Mar 31, 2019 | 18.54 |
| Dec 31, 2018 | 22.02 |
| Dec 31, 2018 | 22.02 |
| Sep 30, 2018 | 27.11 |
| Sep 30, 2018 | 27.11 |
| Jun 30, 2018 | 15.59 |
| Jun 30, 2018 | 15.59 |
| Mar 31, 2018 | 0.71 |
| Mar 31, 2018 | 0.71 |
| Dec 31, 2017 | -77.82 |
| Dec 31, 2017 | -77.82 |
| Sep 30, 2017 | 13.43 |
| Sep 30, 2017 | 13.43 |
| Jun 30, 2017 | 14.98 |
| Jun 30, 2017 | 14.98 |
| Mar 31, 2017 | 18.49 |
| Mar 31, 2017 | 18.49 |
| Dec 31, 2016 | 19.49 |
| Dec 31, 2016 | 19.49 |
| Sep 30, 2016 | 21.31 |
| Sep 30, 2016 | 21.31 |
| Jun 30, 2016 | 19.30 |
| Jun 30, 2016 | 19.30 |
| Mar 31, 2016 | 21.90 |
| Mar 31, 2016 | 21.90 |
| Dec 31, 2015 | 10.44 |
| Dec 31, 2015 | 10.44 |
| Sep 30, 2015 | 19.64 |
| Sep 30, 2015 | 19.64 |
| Jun 30, 2015 | 32.52 |
| Jun 30, 2015 | 32.52 |
| Mar 31, 2015 | 50.05 |
| Mar 31, 2015 | 50.05 |
| Dec 31, 2014 | 1.17 |
| Dec 31, 2014 | 1.17 |
| Sep 30, 2014 | 53.37 |
| Sep 30, 2014 | 53.37 |
| Jun 30, 2014 | 25.57 |
| Jun 30, 2014 | 25.57 |
| Mar 31, 2014 | 25.71 |
| Mar 31, 2014 | 25.71 |