Restaurant Brands International Ratios (2013-2025) | QSR

Ratios Dec2013 Mar2014 Jun2014 Sep2014 Dec2014 Mar2015 Jun2015 Sep2015 Dec2015 Mar2016 Jun2016 Sep2016 Dec2016 Mar2017 Jun2017 Sep2017 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
Gross Margin 93.57%93.99%94.08%73.98%53.58%54.44%56.20%56.96%57.47%57.89%57.51%60.29%57.70%59.35%59.20%61.66%65.79%66.57%65.82%66.06%67.93%67.64%67.42%67.61%67.43%67.65%68.74%66.57%68.17%67.52%67.22%65.59%65.95%64.37%64.37%76.32%65.41%68.96%68.86%68.52%70.27%74.04%75.60%75.44%76.48%75.56%74.72%
EBT Margin 53.21%33.75%38.63%-18.07%-92.34%10.85%13.34%22.32%19.49%23.46%29.49%28.19%33.70%20.42%25.30%23.58%26.35%22.41%27.70%24.95%27.87%23.85%25.29%29.49%24.75%22.04%10.97%21.54%10.53%25.24%25.17%26.35%18.69%22.26%25.14%24.80%11.96%19.18%23.04%23.03%17.36%22.77%23.27%18.73%21.78%14.46%14.56%21.80%
EBIT Margin 53.21%54.50%58.00%0.32%-24.56%24.01%28.99%33.74%30.46%35.99%40.76%39.09%44.23%33.57%36.66%39.62%40.92%33.57%37.38%34.76%37.26%34.28%35.07%39.16%34.55%31.76%23.19%31.19%27.47%35.08%33.94%35.65%26.91%31.01%33.01%32.50%20.49%28.11%31.21%31.68%25.71%31.28%31.88%25.19%27.66%20.63%20.04%27.07%
EBITDA Margin 53.21%61.31%64.05%6.24%-19.75%29.24%33.39%37.96%34.63%40.57%44.94%43.11%48.11%37.91%36.66%39.62%40.92%33.57%37.38%34.76%37.26%34.28%35.07%39.16%34.55%31.76%23.19%31.19%27.47%35.08%33.94%35.65%26.91%31.01%33.01%32.50%20.49%28.11%31.21%31.68%25.71%31.28%31.88%25.19%27.66%20.63%20.04%27.07%
Operating Margin 53.21%54.50%58.00%0.32%-24.56%24.01%28.99%33.74%30.46%35.99%40.76%39.09%44.23%33.57%36.66%39.62%40.92%33.57%37.38%34.76%37.26%34.28%35.07%39.16%34.55%31.76%23.19%31.19%27.47%35.08%33.94%35.65%26.91%31.01%33.01%32.50%20.49%28.11%31.21%31.68%25.71%31.28%31.88%25.19%27.66%20.63%20.04%27.07%
Net Margin 53.21%25.07%28.75%-8.43%-122.26%-0.89%1.06%4.86%4.89%5.44%8.74%8.02%10.69%5.01%7.91%7.56%32.00%11.80%12.43%9.75%11.77%10.66%10.14%13.79%11.16%11.76%10.11%10.85%6.70%14.21%18.01%14.78%11.58%12.61%14.40%20.86%13.56%11.89%13.58%13.72%27.91%13.23%13.46%11.00%11.28%7.54%7.84%12.86%
FCF Margin 50.60%32.16%57.01%-32.67%24.89%21.00%40.83%21.00%20.74%31.53%35.54%28.36%29.54%16.13%31.88%39.73%-9.41%28.52%25.82%33.14%11.77%22.29%28.67%36.17%9.55%3.82%28.42%19.66%19.92%31.15%32.51%28.14%15.44%25.44%21.67%22.20%4.84%20.39%22.21%19.56%7.02%13.99%21.17%17.60%2.56%17.05%21.68%
Efficiency
Inventory Average 0.10B0.10B0.10B0.09B0.09B0.09B0.09B0.08B0.08B0.09B0.09B0.08B0.08B0.08B0.09B0.08B0.07B0.08B0.08B0.08B0.08B0.09B0.09B0.09B0.10B0.10B0.10B0.10B0.10B0.11B0.12B0.13B0.14B0.16B0.17B0.16B0.16B0.16B0.16B0.16B0.15B0.16B0.19B
Assets Average 20.36B19.20B19.03B18.72B18.68B19.04B19.16B19.16B19.97B22.03B23.58B22.58B20.99B20.69B20.80B20.56B20.72B21.51B21.99B22.30B22.49B22.32B22.27B22.66B22.82B23.05B23.08B23.09B23.21B22.96B22.66B22.65B22.64B22.83B23.11B23.23B23.27B24.00B24.96B24.85B24.76B25.28B25.68B
Equity Average 3.93B3.53B3.42B3.11B3.13B3.43B3.52B3.50B3.54B3.74B4.08B4.42B4.40B4.23B4.31B4.01B3.70B3.87B4.01B4.16B4.01B3.80B3.88B3.82B3.86B4.13B4.18B3.98B3.91B3.94B3.97B4.15B4.29B4.49B4.67B4.70B4.78B4.89B5.00B4.94B4.83B4.96B5.13B
Invested Capital 1.60B5.47B3.56B3.59B3.36B2.97B3.40B3.61B3.61B11.97B3.71B15.18B15.64B16.56B16.09B16.06B16.22B15.51B15.59B15.76B16.38B16.09B16.65B16.24B16.29B16.20B16.47B16.71B16.57B16.83B16.93B16.87B16.98B17.20B17.23B17.58B17.58B17.65B17.74B18.62B18.70B18.48B18.45B18.70B18.66B
Asset Utilization Ratio 0.090.140.180.220.220.210.210.220.210.200.190.200.230.240.250.260.260.250.250.250.250.230.230.220.220.230.240.250.260.270.280.290.290.300.300.300.310.310.320.340.350.360.36
Leverage & Solvency
Interest Coverage Ratio 6.707.730.05-0.502.964.356.541.413.277.847.701.953.36
Debt to Equity 1.952.292.562.452.582.922.552.422.422.442.682.922.662.602.802.812.703.293.142.993.042.783.443.223.173.363.122.933.043.383.283.323.213.043.002.762.782.742.682.772.722.822.832.682.62
Debt Ratio 0.510.470.460.460.450.460.450.450.440.440.460.490.480.560.570.580.560.590.560.540.550.530.570.560.550.550.550.540.540.560.560.570.570.570.570.560.560.550.560.550.550.560.550.530.53
Equity Ratio 0.260.200.180.190.170.160.180.180.180.180.170.170.180.210.200.200.210.180.180.180.180.190.170.170.170.160.180.180.180.170.170.170.180.190.190.200.200.200.210.200.200.200.190.200.20
Times Interest Earned 6.707.730.05-0.502.964.356.541.413.277.847.701.953.36
Dividends & Payouts
FCF Payout Ratio 0.200.290.18-0.210.080.490.270.560.670.400.360.450.490.830.400.43-0.820.550.590.461.390.740.560.431.9812.100.910.950.550.510.561.080.590.650.653.160.690.610.702.010.900.540.654.850.690.53
Valuation
Enterprise Value -0.79B-0.86B-0.90B-1.01B9.69B8.73B9.04B8.15B8.35B9.91B10.52B10.96B11.47B13.95B13.23B13.58B15.84B15.20B16.18B15.89B14.24B17.52B18.73B18.17B19.25B11.01B16.42B17.09B18.57B19.90B19.72B18.67B19.65B18.86B16.34B17.04B20.37B21.38B24.74B21.25B25.10B25.71B23.20B23.49B21.50B22.47B22.47B21.60B
Market Capitalization 9.03B7.76B7.73B7.27B7.56B9.00B9.70B10.42B11.16B13.08B14.74B15.09B14.60B13.88B15.02B14.82B13.14B16.38B17.66B18.19B19.01B11.95B16.40B17.43B18.57B19.83B19.78B18.85B19.12B18.08B15.49B16.26B19.78B20.68B24.13B20.80B24.38B24.90B22.26B22.86B21.10B21.66B21.72B21.03B
Return Ratios
Return on Sales 0.24%-0.28%-0.18%-0.12%-0.03%0.13%0.16%0.19%0.21%0.23%0.23%0.22%0.22%0.27%0.28%0.28%0.27%0.21%0.21%0.19%0.21%0.20%0.20%0.19%0.17%0.15%0.16%0.19%0.20%0.22%0.21%0.20%0.22%0.23%0.22%0.22%0.19%0.24%0.25%0.24%0.23%0.17%0.13%0.08%0.04%
Return on Capital Employed 0.01%0.02%0.04%0.07%0.07%0.08%0.08%0.09%0.09%0.08%0.08%0.08%0.09%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.09%0.08%0.08%0.07%0.07%0.08%0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.10%0.10%0.11%0.10%0.11%0.10%0.09%0.10%
Return on Invested Capital 0.29%0.33%0.33%0.34%0.17%0.17%0.14%0.09%0.10%0.10%0.09%0.10%0.09%0.09%0.09%0.08%0.08%0.08%0.10%0.10%0.10%0.10%0.10%0.11%0.11%0.10%0.10%0.09%0.09%
Return on Assets -0.02%-0.02%-0.01%0.03%0.03%0.04%0.04%0.05%0.05%0.04%0.04%0.05%0.06%0.07%0.07%0.06%0.05%0.05%0.05%0.05%0.05%0.04%0.04%0.03%0.03%0.04%0.05%0.05%0.05%0.05%0.06%0.07%0.07%0.07%0.06%0.07%0.08%0.08%0.07%0.06%0.05%0.03%0.01%
Return on Equity -0.09%-0.09%-0.03%0.16%0.20%0.23%0.24%0.27%0.27%0.25%0.24%0.28%0.31%0.33%0.33%0.29%0.30%0.27%0.29%0.27%0.27%0.26%0.22%0.20%0.21%0.25%0.27%0.31%0.32%0.31%0.35%0.36%0.35%0.33%0.28%0.37%0.37%0.37%0.36%0.29%0.23%0.14%0.07%