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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 182.00 Bn | 181.18 Bn | 6.42 Bn | 19.55% |
| 2 | Starbucks | 120.03 Bn | 116.42 Bn | 6.49 Bn | 26.38% |
| 3 | Chipotle Mexican Grill | 47.47 Bn | 46.80 Bn | 2.35 Bn | 24.33% |
| 4 | Yum Brands | 41.88 Bn | 41.20 Bn | 1.47 Bn | -60.04% |
| 5 | Restaurant Brands International | 28.16 Bn | 27.09 Bn | 1.89 Bn | -12.33% |
| 6 | Darden Restaurants | 25.09 Bn | 24.87 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 | 15.23 Bn | 13.84 Bn | 2.22 Bn | 25.99% |
| 9 | Texas Roadhouse | 12.44 Bn | 12.24 Bn | 1.44 Bn | 13.53% |
| 10 | Dominos Pizza | 11.33 Bn | 11.12 Bn | 478.23 Mn | 22.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.33% |
| Mar 31, 2026 | 7.87% |
| Dec 31, 2025 | 44.53% |
| Sep 30, 2025 | 17.60% |
| Jun 30, 2025 | 24.79% |
| Mar 31, 2025 | 26.89% |
| Dec 31, 2024 | 27.80% |
| Sep 30, 2024 | 16.78% |
| Jun 30, 2024 | 17.56% |
| Mar 31, 2024 | 17.17% |
| Dec 31, 2023 | -129.75% |
| Sep 30, 2023 | 13.95% |
| Jun 30, 2023 | 14.18% |
| Mar 31, 2023 | 9.18% |
| Dec 31, 2022 | -66.34% |
| Sep 30, 2022 | -23.83% |
| Jun 30, 2022 | 16.02% |
| Mar 31, 2022 | 16.41% |
| Dec 31, 2021 | 9.34% |
| Sep 30, 2021 | 16.50% |