Last 48 quarters of trend data · Consumer Cyclical · Restaurants
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Restaurant Brands International Inc.'s quarterly P/E stands at 19.0x, down 45.1% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 35.9% YoY to 14.4x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 31.25 | 19.05 | 68.23 | 16.88 | 28.57 | 34.71 | 20.63 | 23.12 | 19.99 | 27.59 | 12.21 | 21.08 | 25.50 |
| — | -45.1% | +230.8% | -27.0% | +42.9% | +25.8% | +69.0% | +9.6% | -21.6% | +0.3% | -44.1% | +85.5% | +54.6% | |
| P/S Ratio | 2.70 | 3.75 | 3.16 | 2.99 | 3.14 | 3.60 | 3.23 | 3.57 | 3.83 | 5.17 | 4.86 | 4.16 | 5.00 |
| — | +4.0% | -2.1% | -16.3% | -18.0% | -30.4% | -33.6% | -14.1% | -23.4% | +7.5% | +11.6% | +19.0% | +43.7% | |
| P/B Ratio | 6.51 | 6.41 | 6.04 | 5.68 | 5.95 | 6.30 | 6.12 | 6.50 | 6.44 | 7.45 | 7.48 | 6.56 | 7.59 |
| — | +1.8% | -1.3% | -12.7% | -7.6% | -15.5% | -18.2% | -0.9% | -15.2% | +4.9% | +8.5% | +9.7% | +30.0% | |
| P/FCF | 17.56 | 50.18 | 17.68 | 15.11 | 18.05 | 140.68 | 18.35 | 16.88 | 27.50 | 74.08 | 24.85 | 18.74 | 24.52 |
| — | -64.3% | -3.7% | -10.5% | -34.4% | +89.9% | -26.2% | -9.9% | +12.2% | -25.5% | +26.7% | +16.1% | +79.2% | |
| EV / EBITDA | 17.00 | 14.40 | 16.46 | 14.67 | 20.21 | 22.45 | 15.55 | 18.13 | 16.25 | 20.85 | 23.58 | 17.37 | 20.22 |
| — | -35.9% | +5.9% | -19.1% | +24.3% | +7.7% | -34.1% | +4.4% | -19.6% | -6.7% | -13.3% | +12.0% | +30.3% | |
| EV / EBIT | 18.71 | — | 19.22 | 19.90 | 23.48 | 25.99 | 17.32 | 20.58 | 18.51 | 22.52 | 25.78 | 19.10 | 21.93 |
| — | — | +11.0% | -3.3% | +26.8% | +15.4% | -32.8% | +7.7% | -15.6% | -8.6% | -17.3% | +12.8% | +28.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Restaurant Brands International Inc.'s operating margin was 26.8% in Q1 2026, up 0.5 pp QoQ and up 6.1 pp YoY. The trailing four-quarter average of 25.1% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.1% | — | 47.5% | 48.4% | 33.8% | 33.4% | 32.4% | 34.8% | 37.8% | 40.0% | 37.0% | 41.5% | 40.6% |
| — | — | +46.7% | +38.9% | -10.5% | -16.6% | -12.4% | -16.0% | -7.0% | -1.5% | -3.8% | +2.6% | -0.8% | |
| Operating Margin | 23.7% | 26.8% | 26.2% | 27.5% | 20.0% | 20.6% | 27.7% | 25.2% | 31.9% | 31.3% | 25.7% | 31.7% | 31.2% |
| — | +29.8% | -5.1% | +9.1% | -37.1% | -34.1% | +7.6% | -20.5% | +2.1% | +11.3% | +25.5% | -2.5% | -5.4% | |
| Net Margin | 8.2% | 14.9% | 4.6% | 12.9% | 7.8% | 7.5% | 11.3% | 11.0% | 13.5% | 13.2% | 27.9% | 13.7% | 13.6% |
| — | +98.0% | -59.4% | +16.9% | -41.7% | -43.0% | -59.6% | -19.8% | -0.9% | +11.3% | +105.9% | -34.2% | -5.7% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.5% | 6.5% | 2.2% | 6.1% | 3.8% | 3.3% | 5.2% | 5.0% | 5.7% | 4.8% | 10.8% | 5.4% | 5.4% |
| — | +96.7% | -58.2% | +21.8% | -33.4% | -31.6% | -51.5% | -6.5% | +6.8% | +9.2% | +96.2% | -40.4% | -10.6% | |
| ROA | 3.1% | 1.3% | 0.4% | 1.2% | 0.7% | 0.6% | 1.0% | 1.0% | 1.2% | 1.0% | 2.2% | 1.1% | 1.1% |
| — | +108.4% | -57.7% | +21.5% | -36.0% | -35.1% | -52.3% | -7.4% | +10.6% | +18.4% | +116.3% | -31.4% | +2.7% | |
| ROIC | 8.2% | 3.3% | 2.3% | 2.5% | 1.8% | 1.7% | 2.4% | 2.2% | 2.6% | 2.2% | 2.0% | 2.4% | 2.3% |
| — | +96.8% | -3.1% | +16.7% | -30.1% | -26.0% | +23.8% | -11.2% | +11.5% | +18.1% | +32.4% | +2.2% | +1.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Restaurant Brands International Inc.'s Debt/EBITDA ratio is 3.3x, down from 24.3x last quarter — at a moderate level that warrants monitoring.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.41 | 0.38 | 3.41 | 3.07 | 3.14 | 3.31 | 3.29 | 3.18 | 3.23 | 3.00 | 3.07 | 3.10 | 3.09 |
| — | -88.6% | +3.4% | -3.4% | -2.8% | +10.0% | +7.4% | +2.6% | +4.5% | -10.5% | -9.6% | -13.6% | -17.0% | |
| Debt / EBITDA | 7.14 | 3.29 | 24.31 | 21.15 | 28.56 | 31.51 | 22.41 | 24.40 | 22.16 | 24.47 | 28.08 | 22.96 | 24.00 |
| — | -89.6% | +8.5% | -13.3% | +28.9% | +28.8% | -20.2% | +6.3% | -7.6% | -16.6% | -23.9% | -3.7% | -3.0% | |
| Current Ratio | 0.98 | 0.99 | 0.98 | 1.06 | 1.01 | 0.96 | 0.97 | 1.02 | 0.78 | 1.08 | 1.01 | 1.15 | 1.09 |
| — | +2.7% | +1.4% | +3.7% | +30.5% | -10.4% | -4.8% | -11.2% | -28.6% | +6.9% | +4.7% | +14.8% | +22.1% | |
| Quick Ratio | 0.91 | 0.90 | 0.91 | 0.98 | 0.95 | 0.90 | 0.91 | 0.94 | 0.71 | 1.00 | 0.94 | 1.07 | 1.00 |
| — | -0.8% | +0.3% | +4.1% | +33.2% | -9.4% | -3.3% | -12.0% | -28.7% | +7.3% | +3.4% | +14.8% | +21.4% | |
| Interest Coverage | 4.26 | 4.93 | 4.95 | 30.67 | 2.58 | 2.35 | 3.29 | 2.81 | 3.11 | 2.75 | 2.34 | 2.93 | 2.93 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying QSR stock.
Restaurant Brands International Inc.'s current P/E is 31.3x. The average P/E over the last 4 quarters is 33.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Restaurant Brands International Inc.'s current operating margin is 23.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Restaurant Brands International Inc.'s business trajectory between earnings reports.