Overview Dividends

(QSR) Restaurant Brands - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: CA76131D1033

Coffee, Burgers, Chicken, Subs, Pizza

Restaurants
Market Cap in USD: 32,068m

IPO / Inception: 2006-05-18
Return 12m vs S&P 500: -5.98%

EPS (Earnings per Share)

EPS CAGR: 9.22%
EPS Trend: 50.4%

Last SUE: 1.16
Qual. Beats: 1

Revenue

Rev. CAGR: 13.05%
Rev. Trend: 93.5%

Last SUE: 0.15
Qual. Beats: 0

Dividends

Dividend Yield	4.23%
Yield on Cost 5y	6.38%
Yield CAGR 5y	2.77%
Payout Consistency	100.0%
Payout Ratio	70.3%

Risk via 10d forecast
Volatility	23.2%
Value at Risk 5%th	37.9%
Relative Tail Risk	-0.91%

Reward TTM
Sharpe Ratio	0.29
Alpha	-1.09
CAGR/Max DD	0.26

Character TTM
Hurst Exponent	0.472
Beta	0.390
Beta Downside	0.322

Drawdowns 3y
Max DD	24.53%
Mean DD	10.50%
Median DD	12.11%

Description: QSR Restaurant Brands October 14, 2025

Restaurant Brands International Inc. (NYSE: QSR) is a global quick-service restaurant (QSR) operator headquartered in Miami, Florida. It runs six reporting segments-Tim Hortons, Burger King, Popeyes Louisiana Kitchen, Firehouse Subs, International, and Restaurant Holdings-through a mix of owned and franchised locations across Canada, the United States, and other markets.

In its most recent fiscal quarter (Q2 2024), QSR reported comparable-store sales growth of 4.2% year-over-year, driven primarily by a 5.1% increase at Tim Hortons and a 3.8% rise at Burger King. The franchisee base now exceeds 95% of total units, yielding an average unit volume (AUV) of roughly $1.3 million for the combined portfolio, which is a key profitability lever for the company.

Key economic drivers for QSR include commodity price volatility (especially beef and chicken), labor cost inflation, and consumer discretionary spending trends. A 1-percentage-point increase in the U.S. core CPI has historically correlated with a 0.3-percentage-point dip in same-store sales for QSRs, underscoring the sensitivity of the business to broader inflation dynamics.

Sector-wide, the QSR industry is being reshaped by digital ordering and delivery platforms, which now account for roughly 25% of total sales for leading chains. Companies that can scale their proprietary mobile apps and third-party delivery partnerships tend to achieve higher AUV and better margin protection during periods of reduced foot traffic.

For a deeper, data-driven look at QSR’s valuation metrics and scenario analysis, you may find ValueRay’s platform useful for extending this initial overview.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (922.0m TTM) > 0 and > 6% of Revenue (6% = 555.8m TTM)

FCFTA 0.05 (>2.0%) and ΔFCFTA 0.31pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 1.81% (prev 0.59%; Δ 1.22pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 1.60b > Net Income 922.0m (YES >=105%, WARN >=100%)

Net Debt (14.64b) to EBITDA (2.41b) ratio: 6.07 <= 3.0 (WARN <= 3.5)

Current Ratio 1.06 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (456.0m) change vs 12m ago 0.44% (target <= -2.0% for YES)

Gross Margin 37.22% (prev 37.24%; Δ -0.02pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 36.52% (prev 31.63%; Δ 4.89pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 3.61 (EBITDA TTM 2.41b / Interest Expense TTM 585.0m) >= 6 (WARN >= 3)

Altman Z'' 1.02

(A) 0.01 = (Total Current Assets 3.02b - Total Current Liabilities 2.85b) / Total Assets 25.67b

(B) 0.07 = Retained Earnings (Balance) 1.90b / Total Assets 25.67b

(D) 0.16 = Book Value of Equity 3.38b / Total Liabilities 20.50b

Total Rating: 1.02 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 66.71

1. Piotroski 3.0pt

2. FCF Yield 2.92%

3. FCF Margin 14.71%

4. Debt/Equity 4.69

5. Debt/Ebitda 6.07

6. ROIC - WACC (= 5.29)%

7. RoE 28.54%

8. Rev. Trend 93.51%

9. EPS Trend 50.37%

What is the price of QSR shares?

As of November 29, 2025, the stock is trading at USD 72.39 with a total of 920,401 shares traded.
Over the past week, the price has changed by +2.67%, over one month by +8.48%, over three months by +15.92% and over the past year by +7.93%.

Is QSR a buy, sell or hold?

Restaurant Brands has received a consensus analysts rating of 4.13. Therefore, it is recommended to buy QSR.

Strong Buy: 15
Buy: 6
Hold: 9
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the QSR price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	77.8	7.5%
Analysts Target Price	77.8	7.5%
ValueRay Target Price	78.7	8.8%

QSR Fundamental Data Overview November 25, 2025

Market Cap USD = 32.07b (32.07b USD * 1.0 USD.USD)
P/E Trailing = 25.0035
P/E Forward = 12.4688
P/S = 3.4615
P/B = 7.204
P/EG = 1.1451
Beta = 0.62
Revenue TTM = 9.26b USD
EBIT TTM = 2.11b USD
EBITDA TTM = 2.41b USD
Long Term Debt = 13.41b USD (from longTermDebt, last quarter)
Short Term Debt = 316.0m USD (from shortTermDebt, last quarter)
Debt = 15.84b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 14.64b USD (from netDebt column, last quarter)
Enterprise Value = 46.70b USD (32.07b + Debt 15.84b - CCE 1.21b)
Interest Coverage Ratio = 3.61 (Ebit TTM 2.11b / Interest Expense TTM 585.0m)
FCF Yield = 2.92% (FCF TTM 1.36b / Enterprise Value 46.70b)
FCF Margin = 14.71% (FCF TTM 1.36b / Revenue TTM 9.26b)
Net Margin = 9.95% (Net Income TTM 922.0m / Revenue TTM 9.26b)
Gross Margin = 37.22% ((Revenue TTM 9.26b - Cost of Revenue TTM 5.82b) / Revenue TTM)
Gross Margin QoQ = 48.39% (prev 33.82%)
Tobins Q-Ratio = 1.82 (Enterprise Value 46.70b / Total Assets 25.67b)
Interest Expense / Debt = 0.11% (Interest Expense 18.0m / Debt 15.84b)
Taxrate = 17.60% (94.0m / 534.0m)
NOPAT = 1.74b (EBIT 2.11b * (1 - 17.60%))
Current Ratio = 1.06 (Total Current Assets 3.02b / Total Current Liabilities 2.85b)
Debt / Equity = 4.69 (Debt 15.84b / totalStockholderEquity, last quarter 3.38b)
Debt / EBITDA = 6.07 (Net Debt 14.64b / EBITDA 2.41b)
Debt / FCF = 10.74 (Net Debt 14.64b / FCF TTM 1.36b)
Total Stockholder Equity = 3.23b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.59% (Net Income 922.0m / Total Assets 25.67b)
RoE = 28.54% (Net Income TTM 922.0m / Total Stockholder Equity 3.23b)
RoCE = 12.68% (EBIT 2.11b / Capital Employed (Equity 3.23b + L.T.Debt 13.41b))
RoIC = 10.31% (NOPAT 1.74b / Invested Capital 16.86b)
WACC = 5.02% (E(32.07b)/V(47.91b) * Re(7.45%) + D(15.84b)/V(47.91b) * Rd(0.11%) * (1-Tc(0.18)))
Discount Rate = 7.45% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.33%
[DCF Debug] Terminal Value 78.22% ; FCFE base≈1.32b ; Y1≈1.31b ; Y5≈1.38b
Fair Price DCF = 70.72 (DCF Value 24.43b / Shares Outstanding 345.4m; 5y FCF grow -1.13% → 3.0% )
EPS Correlation: 50.37 | EPS CAGR: 9.22% | SUE: 1.16 | # QB: 1
Revenue Correlation: 93.51 | Revenue CAGR: 13.05% | SUE: 0.15 | # QB: 0

Additional Sources for QSR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle