Restaurant Brands International Inc. (QSR.TO) stock analysis

In our weekly check, Restaurant Brands International Inc. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 3, red flags: 5.

About Restaurant Brands International Inc.

Restaurant Brands International Inc. is a Consumer Cyclical company (Restaurants) based in the United States, listed on TSX as QSR.TO.

What our checks show for QSR.TO

Red flags

• Net debt is 5.1x a year of EBITDA (debt/equity 4.07). That limits room in a downturn and raises refinancing risk.
• The net margin fell by 8.7 points over 5 years, to 13.1%: the company keeps less of each sale as profit.
• The gross margin fell by 4.1 points, to 37.6%: costs are rising faster than prices.
• The stock has fallen as much as 61% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 3.8 years.

Warning signs

• Analysts expect only about 0.2% a year of growth in revenue.
• Net profit fell 5% a year over the last 3 years.
• The dividend takes 89% of profit: little cushion if profit falls.

Strengths

• Operating cash flow is 1.45x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 10.5% a year over the next years.
• Analysts expect the net margin to improve by 9.1 points from today's 13.1%.
• Free cash flow is 16.2% of revenue: cash for dividends, buybacks or growth.
• A large company: market value $26.3 billion.
• Beta 0.54: the stock usually moves less than the market.

Next earnings report: 2026-10-29

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Questions

What grade does Restaurant Brands International Inc. (QSR.TO) have?

In our weekly check, Restaurant Brands International Inc. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 3, red flags: 5. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of QSR.TO stock?

This week's biggest flags for Restaurant Brands International Inc.: High debt, Margins falling, Gross margin falling. In total 8 of 25 checks show a warning or a red flag.

What does Restaurant Brands International Inc. do?

Restaurant Brands International Inc. is a Consumer Cyclical company (Restaurants) based in the United States, listed on TSX as QSR.TO.

When does Restaurant Brands International Inc. report earnings next?

The next earnings report is expected on 2026-10-29. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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