Restaurant Brands International (QSR) Tax Rate (2014 - 2026)
Restaurant Brands International's (QSR) quarterly Tax Rate came in at 7.87% in Q1 2026, down 1902.0% year-on-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) 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.
- On a quarterly basis, Tax Rate fell 1902.0% year-over-year to 7.87% in Q1 2026; TTM through Mar 2026 was 23.58%, a 157.0% increase from a year earlier, with the FY2025 full-year figure at 28.68%, up 856.0% from the prior year.
- Tax Rate for Q1 2026 stood at 7.87%, down from 44.53% in the prior quarter.
- Over the last five years, Tax Rate for QSR reached as high as 44.53% in Q4 2025 and fell as low as 129.75% in Q4 2023.
- Historically, Tax Rate has averaged 2.99% across 5 years, with a median of 16.41% in 2022.
- Across the five-year window, Tax Rate slumped 7568 bps in 2022 and surged 15755 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 66.34% in 2022, then tumbled 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 tumbled by 82 bps to 7.87% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 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 | 118.28 Bn | 116.58 Bn | 6.32 Bn | 29.84 |
| 2 | Yum Brands | 41.26 Bn | 40.58 Bn | 1.38 Bn | 16.28 |
| 3 | Chipotle Mexican Grill | 41.21 Bn | 40.34 Bn | 2.61 Bn | 25.38 |
| 4 | Restaurant Brands International | 25.26 Bn | 24.25 Bn | 2.14 Bn | 7.87 |
| 5 | Darden Restaurants | 22.64 Bn | 22.40 Bn | 3.31 Bn | 12.95 |
| 6 | Yum China Holdings | 15.35 Bn | 13.92 Bn | 2.31 Bn | 27.21 |
| 7 | Texas Roadhouse | 12.76 Bn | 12.54 Bn | 1.40 Bn | 14.31 |
| 8 | Dominos Pizza | 11.11 Bn | 10.98 Bn | 478.23 Mn | 22.53 |
| 9 | Dutch Bros | 8.18 Bn | 7.92 Bn | 107.48 Mn | 12.37 |
| 10 | Brinker International | 8.13 Bn | 8.07 Bn | 1.10 Bn | 18.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2024 | 27.80 |
| Sep 30, 2024 | 16.78 |
| Sep 30, 2024 | 16.78 |