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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 19.55% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 26.38% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 24.33% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | -60.04% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | -12.33% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 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 | 16.42 Bn | 15.74 Bn | 2.22 Bn | 25.99% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 13.53% |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | 22.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -12.33% |
| Jun 30, 2026 | -12.33% |
| Jun 30, 2026 | -12.33% |
| 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% |