Restaurant Brands International Limited Partnership (RSTRF) Tax Rate (2014 - 2026)
Restaurant Brands International Limited Partnership's Tax Rate was -12.33% in Q2 2026, down 37.12 percentage points from 24.79% a year earlier and down 20.20 percentage points from the prior quarter.
Restaurant Brands International Limited Partnership (RSTRF) Tax Rate (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Restaurant Brands International Limited Partnership's Tax Rate was 13.27% through Jun 30, 2026, down 10.71 percentage points year-over-year; for FY2025, it came in at 28.68%, up 8.56 percentage points from FY2024.
- Tax Rate shows a five-year change of +20.59 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 20.12% in FY2024 (+38.36 pp), -18.24% in FY2023 (-9.67 pp), -8.57% in FY2022 (-16.64 pp) and 8.07% in FY2021 (-0.02 pp).
- The Q2 2026 figure marks the lowest quarterly Tax Rate since Q4 2023.
- Compared with a year earlier, Tax Rate was higher in six of the last eight quarters, with an average year-over-year change of +17.34 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2024 (a gain of 157.55 percentage points); the worst was Q4 2022 (a drop of 75.68 percentage points).
- Per Business Quant data, RSTRF's Tax Rate in the three quarters before Q2 2026 was 7.87% (Q1 2026), 44.53% (Q4 2025) and 17.60% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 19.55% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 26.38% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | - |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 24.33% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | - |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 12.90% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | - |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 25.99% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 13.53% |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2023 | 13.95% |
| Jun 30, 2023 | 14.18% |
| Mar 31, 2023 | 9.18% |
| Jun 30, 2022 | 16.02% |
| Mar 31, 2022 | 16.41% |
| Dec 31, 2021 | 9.34% |
| Sep 30, 2021 | 16.50% |
| Mar 31, 2021 | 14.78% |
| Dec 31, 2020 | 2.80% |
| Sep 30, 2020 | 22.57% |
| Mar 31, 2020 | 17.04% |
Restaurant Brands International Limited Partnership Tax Rate 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=tax-rate&ticker=RSTRF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=RSTRF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();