Restaurant Brands International Limited Partnership (RSTRF) Gross Margin (2014 - 2026)
Restaurant Brands International Limited Partnership's Gross Margin was 54.64% in Q2 2026, down 0.25 percentage points from 54.90% a year earlier but up 0.62 percentage points from the prior quarter.
Restaurant Brands International Limited Partnership (RSTRF) Gross Margin (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Restaurant Brands International Limited Partnership's Gross Margin was 53.97% through Jun 30, 2026, down 0.70 percentage points year-over-year; for FY2025, it came in at 54.09%, down 4.18 percentage points from FY2024.
- Gross Margin shows a five-year change of -13.50 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 58.27% in FY2024 (-7.06 pp), 65.32% in FY2023 (+0.87 pp), 64.46% in FY2022 (-2.61 pp) and 67.07% in FY2021 (-0.53 pp).
- Quarterly Gross Margin has moved between 52.84% (Q4 2025) and 67.22% (Q3 2021) over five years.
- Compared with a year earlier, Gross Margin has declined for ten straight quarters, with an average year-over-year change of -4.99 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q3 2023 (a gain of 1.34 percentage points); the worst was Q1 2025 (a drop of 10.86 percentage points).
- Per Business Quant data, RSTRF's Gross Margin in the three quarters before Q2 2026 was 54.02% (Q1 2026), 52.84% (Q4 2025) and 54.39% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 90.42% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | - |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 67.73% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | - |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 54.64% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 52.65% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 54.64% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 17.11% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | - |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.64% |
| Mar 31, 2026 | 54.02% |
| Dec 31, 2025 | 52.84% |
| Sep 30, 2025 | 54.39% |
| Jun 30, 2025 | 54.90% |
| Mar 31, 2025 | 54.29% |
| Dec 31, 2024 | 54.53% |
| Sep 30, 2024 | 54.95% |
| Jun 30, 2024 | 60.29% |
| Mar 31, 2024 | 65.15% |
| Dec 31, 2023 | 64.67% |
| Sep 30, 2023 | 65.70% |
| Jun 30, 2023 | 65.52% |
| Mar 31, 2023 | 65.41% |
| Dec 31, 2022 | 63.35% |
| Sep 30, 2022 | 64.37% |
| Jun 30, 2022 | 64.37% |
| Mar 31, 2022 | 65.95% |
| Dec 31, 2021 | 65.59% |
| Sep 30, 2021 | 67.22% |
Restaurant Brands International Limited Partnership Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=RSTRF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RSTRF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RSTRF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();