QSR Stock Analysis: Restaurant Brands | NYSE
Restaurants | NYSE, USA | Market Cap: 32.027m USD | 12M Return: 8.8% | CA76131D1033 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 206M
EPS Trend: 93.2%
Qual. Beats: 2
Rev. Trend: 98.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Restaurant Brands International Inc. (NYSE: QSR) is a quick service restaurant (QSR) operator headquartered in Miami, Florida, with a portfolio of four major brands: Tim Hortons, Burger King, Popeyes Louisiana Kitchen, and Firehouse Subs. The company operates through six reporting segments, including dedicated international and Restaurant Holdings segments alongside the four brand segments. It was founded in 1954 and is listed on the NYSE with a large-cap market capitalization of approximately $32.5 billion USD.
The companys business model is primarily asset-light and franchise-driven, generating revenue through a combination of royalties, franchise fees, and company-operated restaurant sales across its global footprint spanning Canada, the United States, and other international markets. Each brand targets a distinct niche within the QSR sector, ranging from coffee and baked goods (Tim Hortons) to flame-grilled hamburgers (Burger King), Louisiana-style chicken (Popeyes), and hot specialty subs (Firehouse Subs). This brand-diversification strategy is a common approach in the restaurant industry, allowing operators to capture different dayparts and consumer preferences while leveraging shared back-office and supply chain infrastructure.
- Burger King US same-store sales weakness pressures consolidated revenue growth
- Tim Hortons commodity costs and Canadian consumer softness squeeze segment margins
- Popeyes chicken innovation and Firehouse Subs expansion accelerate international net unit growth
| Net Income: 1.27b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.99 > 1.0 |
| NWC/Revenue: 0.30% < 20% (prev 0.37%; Δ -0.07% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.84b > Net Income 1.27b |
| Net Debt (17.0b) to EBITDA (2.80b): 6.06 < 3 |
| Current Ratio: 1.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (460.0m) vs 12m ago 0.66% < -2% |
| Gross Margin: 44.85% > 18% (prev 33.62%; Δ 11.23% > 0.5%) |
| Asset Turnover: 38.25% > 50% (prev 35.45%; Δ 2.80% > 0%) |
| Interest Coverage Ratio: 5.15 > 6 (EBIT TTM 2.49b / Interest Expense TTM 484.0m) |
| A: 0.00 (Total Current Assets 2.34b - Total Current Liabilities 2.31b) / Total Assets 25.0b |
| B: 0.09 (Retained Earnings 2.18b / Total Assets 25.0b) |
| C: 0.10 (EBIT TTM 2.49b / Avg Total Assets 25.4b) |
| D: 0.20 (Book Value of Equity 3.85b / Total Liabilities 19.6b) |
| Altman-Z'' = 1.16 = BB |
| DSRI: 0.97 (Receivables 800.0m/778.0m, Revenue 9.70b/9.11b) |
| GMI: 0.75 (GM 33.62% / 44.85%) |
| AQI: 1.01 (AQ_t 0.74 / AQ_t-1 0.73) |
| SGI: 1.07 (Revenue 9.70b / 9.11b) |
| TATA: -0.02 (NI 1.27b - CFO 1.84b) / TA 25.0b) |
| Beneish M = -3.23 (Cap -4..+1) = AA |
As of October 10, 2026, the stock is trading at USD 70.66 with a total of 3,480,319 shares traded. Over the past week, the price has changed by +1.29%, over one month by -8.91%, over three months by -4.24% and over the past year by +8.80%.
Current recommended Stop Loss: 68.50 (which is 3.1% or 1.4 ATR below the current price).
Restaurant Brands has received a consensus analysts rating of 4.11. Therefore, it is recommended to buy QSR.
- StrongBuy: 14
- Buy: 3
- Hold: 9
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 86.2 | 22% |
P/E Trailing = 17.5653
P/E Forward = 11.7371
P/S = 3.302
P/B = 6.5141
P/EG = 0.8761
Revenue TTM = 9.70b USD
EBIT TTM = 2.49b USD
EBITDA TTM = 2.80b USD
Long Term Debt = 13.2b USD (from longTermDebt, last quarter)
Short Term Debt = 294.0m USD (from shortTermDebt, last quarter)
Debt = 18.0b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.38b
Net Debt = 17.0b USD (calculated: Debt 18.0b - CCE 1.06b)
Enterprise Value = 49.0b USD (32.0b + Debt 18.0b - CCE 1.06b)
Interest Coverage Ratio = 5.15 (Ebit TTM 2.49b / Interest Expense TTM 484.0m)
EV/FCF = 31.13x (Enterprise Value 49.0b / FCF TTM 1.57b)
FCF Yield = 3.21% (FCF TTM 1.57b / Enterprise Value 49.0b)
FCF Margin = 16.23% (FCF TTM 1.57b / Revenue TTM 9.70b)
Net Margin = 13.13% (Net Income TTM 1.27b / Revenue TTM 9.70b)
Gross Margin = 44.85% ((Revenue TTM 9.70b - Cost of Revenue TTM 5.35b) / Revenue TTM)
Gross Margin QoQ = 34.48% (prev 49.65%)
Tobins Q-Ratio = 1.96 (Enterprise Value 49.0b / Total Assets 25.0b)
Interest Expense / Debt = 2.68% (Interest Expense 484.0m / Debt 18.0b)
Taxrate = 13.27% (279.0m / 2.10b)
NOPAT = 2.16b (EBIT 2.49b * (1 - 13.27%))
Current Ratio = 1.01 (Total Current Assets 2.34b / Total Current Liabilities 2.31b)
Debt / Equity = 4.68 (Debt 18.0b / totalStockholderEquity, last quarter 3.85b)
Debt / EBITDA = 6.06 (Net Debt 17.0b / EBITDA 2.80b)
Debt / FCF = 10.78 (Net Debt 17.0b / FCF TTM 1.57b)
Total Stockholder Equity = 3.65b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.02% (Net Income 1.27b / Total Assets 25.0b)
RoE = 34.86% (Net Income TTM 1.27b / Total Stockholder Equity 3.65b)
RoCE = 14.78% (EBIT 2.49b / Capital Employed (Equity 3.65b + L.T.Debt 13.2b))
RoIC = 9.60% (NOPAT 2.16b / Invested Capital 22.5b)
WACC = 4.79% (E(32.0b)/V(50.1b) * Re(6.18%) + D(18.0b)/V(50.1b) * Rd(2.68%) * (1-Tc(0.13)))
Discount Rate = 6.18% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 97.99 | Cagr: 0.68%
[DCF] Terminal Value 77.97% ; FCFF base≈1.49b ; Y1≈1.71b ; Y5≈2.51b
[DCF] Fair Price = 59.75 (EV 37.8b - Net Debt 17.0b = Equity 20.8b / Shares 348.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 93.25 | EPS CAGR: 7.30% | SUE: 1.58 | # QB: 2
Revenue Correlation: 98.09 | Revenue CAGR: 15.03% | SUE: 0.00 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.08 | Chg30d=+0.09% | Revisions=-35% | Analysts=22
EPS current Year (2026-12-31): EPS=4.06 | Chg30d=+0.42% | Revisions=+19% | GrowthEPS=+10.1% | GrowthRev=+4.4%
EPS next Year (2027-12-31): EPS=4.43 | Chg30d=+0.10% | Revisions=-10% | GrowthEPS=+9.0% | GrowthRev=+0.3%
[Analyst] Revisions Ratio: -9% (up=24, down=29)