Restaurant Brands generates about $47 billion in system sales across more than 33,000 restaurants in over 120 markets, making it one of the largest restaurant companies globally.
It is a $24.7B consumer company. Revenue grew 6.5% over the last year, it keeps 13¢ of every dollar of sales as profit, and its net debt equals ~7.4 years of free cash flow. It trades at 25.3× earnings.
- Website
- rbi.com
- Location
- Miami, FL
- Employees
- 53 500
- Sector
- Consumer Cyclical
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation, profitability and quality; Health lags behind.
Valuation77
- P/E vs own history0th pct · 25/25
- FCF yield6.6% · 20/25
- P/S3.3x · 20/25
- EV/EBITDA15.4x · 12/25
Growth65
- Revenue CAGR13.2% · 20/25
- Net income CAGR-1.9% · 0/25
- EPS CAGR ~5Y10.3% · 20/25
- Fwd implied growth52.1% · 25/25
Profitability75
- ROIC4.9% · 5/25
- ROE34.9% · 25/25
- Net margin13.1% · 20/25
- Operating margin26.9% · 25/25
Health27
- Altman Zn/a · 0/25
- Current ratio1.01 · 12/25
- Interest coverage3.4x · 10/25
- Net cash / debtD/A 47% · 5/25
Quality85
- Piotroski F6/9 · 15/25
- Beneish M-2.40 · 20/25
- FCF conversion128% · 25/25
- Margin stabilityσ 4.7% · 25/25
Moat74
- ROIC >12% years4/10 yrs · 6/25
- Median gross margin64.9% · 25/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst 8.2% · 18/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2023FinancialBest year on record$1.19B net income
- Nov 15, 2021AcquisitionRBI announced its intent to acquire Firehouse Subs for US$1 billion
- Feb 21, 2017AcquisitionRBI announced its intent to acquire Popeyes Louisiana Kitchen for US$1.8 billion at US$79 per…
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$4.15B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 2014AcquisitionIt was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (54.0%)
- Strong cash conversion — FCF is 16.8% of revenue
Watch-outs
- Net debt equals ~7.4 years of free cash flow
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+6.5% YoY
- Profitable — makes more than it spends$1.27B TTM
- Profit growing — earnings are higher than last year-8.5% YoY
- Generates cash — cash left after running and investing$1.63B TTM
- Debt under control — could handle its obligations~7.4y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$24.7B market cap
- Not printing shares — share count not ballooning — you keep your slice-2.4% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distresshealth score 22/100
- Pays a dividend — returns cash to shareholdersyield 3.54%
- Valuation not extreme — price not wildly above earningsP/E 25.3
Peer comparisonRestaurant Brands International Inc. vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| QSR this company | $24.7B | 25.3 | +6.5% | 13.1% | Strained |
| AMZN Amazon.Com Inc | $2.8T | 20.9 | +15.8% | 17.4% | Mixed |
| TSLA Tesla, Inc. | $1.5T | 397.1 | +11.8% | 3.7% | Strong |
| NFLX NetFlix Inc | $292.8B | 21.4 | +16.0% | 28.2% | Solid |
| HD Home Depot, Inc. | $290.4B | 20.4 | -16.0% | 8.7% | Solid |
| DIS The Walt Disney Company | $186.5B | 21.7 | +4.6% | 8.7% | Solid |
| MCD McDonald's Corporation | $166.9B | 18.9 | +6.3% | 31.7% | Strained |
Head-to-head: QSR vs AMZN · QSR vs TSLA · QSR vs NFLX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/QSR
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of QSR on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $70.95 · market cap $24.7B.