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
DateValue
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%