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% quarter-over-quarter 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.
- Tax Rate for Q1 2026 came in at 7.87%, down 1902.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.58% (up 157.0% YoY), and the FY2025 annual result was 28.68%, up 856.0% from the prior year.
- Tax Rate fell to 7.87% in Q1 2026 per QSR's latest filing, from 44.53% in the prior quarter.
- Over five years, Tax Rate peaked at 44.53% in Q4 2025 and troughed at 129.75% in Q4 2023.
- A 5-year average of 2.99% and a median of 16.41% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2024: Tax Rate plunged 7568 bps in 2022, then jumped 15755 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 66.34% in 2022, then slumped 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 slumped 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 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 29.84 |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 25.38 |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 16.28 |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 7.87 |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 12.95 |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 27.21 |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 14.31 |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 22.60 |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 19.05 |
| 10 | Dutch Bros | 8.99 Bn | 8.95 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% |