QSR (Restaurant Brands International) EV-to-EBIT: 16.46 (As of Aug. 13, 2026) — 30% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

QSR Restaurant Brands International Inc QSR
87 GF Score
Price $76.59
GF Value $79.38
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Restaurant Brands International EV-to-EBIT?

Restaurant Brands International QSR +2.26% 87 EV-to-EBIT is 16.46 as of Aug. 13, 2026, which is 30% below its 10-year median of 23.46. GuruFocus rates QSR with a GF Score™ of 87/100 and a GF Value™ of $79.38 (Fairly Valued). The stock has 5 warning signs investors should review. Among 263 Restaurants companies, Restaurant Brands International ranks better than 53.23% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Restaurant Brands International's Enterprise Value is $42,936 Mil. Restaurant Brands International's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,608 Mil. Therefore, Restaurant Brands International's EV-to-EBIT for today is 16.46.

The historical rank and industry rank for Restaurant Brands International's EV-to-EBIT or its related term are showing as below:

QSR' s EV-to-EBIT Range Over the Past 10 Years
Min: 15.14   Med: 23.46   Max: 32.95
Current: 16.46

During the past 13 years, the highest EV-to-EBIT of Restaurant Brands International was 32.95. The lowest was 15.14. And the median was 23.46.

QSR's EV-to-EBIT is ranked better than
53.23% of 263 companies
in the Restaurants industry
Industry Median: 17.18 vs QSR: 16.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Restaurant Brands International's Enterprise Value for the quarter that ended in Jun. 2026 was $41,475 Mil. Restaurant Brands International's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,608 Mil. Restaurant Brands International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.29%.


Restaurant Brands International  (NYSE:QSR) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Restaurant Brands International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=2608/41474.92706
=6.29 %

Restaurant Brands International's Enterprise Value for the quarter that ended in Jun. 2026 was $41,475 Mil.
Restaurant Brands International's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,608 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Restaurant Brands International EV-to-EBIT Related Terms


Restaurant Brands International EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Restaurant Brands International's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Restaurant Brands International EV-to-EBIT Chart

Restaurant Brands International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.26 18.58 19.21 15.70 17.94

Restaurant Brands International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.62 16.68 17.94 17.76 16.22

QSR vs MCD, SBUX, YUM: EV-to-EBIT Comparison

For the Restaurants subindustry, Restaurant Brands International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Restaurant Brands International EV-to-EBIT vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Restaurant Brands International's EV-to-EBIT falls into.


QSR
87GF Score
Restaurant Brands International Inc QSR
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Restaurant Brands International EV-to-EBIT Calculation

Restaurant Brands International's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=42935.719/2608
=16.46

Restaurant Brands International's current Enterprise Value is $42,936 Mil.
Restaurant Brands International's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,608 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 16.46 mean?
Restaurant Brands International (QSR) has a EV-to-EBIT of 16.46 as of Aug. 13, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Restaurant Brands International and its competitors. This is 30% below median its historical median of 23.46. Over the past decade, Restaurant Brands International's EV-to-EBIT has ranged from 15.14 to 32.95. According to the industry distribution chart, Restaurant Brands International ranks #123 out of 263 companies in the Restaurants industry, placing it in the top 46.8%.
Is Restaurant Brands International's EV-to-EBIT too high?
Restaurant Brands International's current EV-to-EBIT of 16.46 is 30% below median its 10-year median of 23.46. Over the past 10 years, this metric has ranged from a low of 15.14 to a high of 32.95. The Restaurants industry median EV-to-EBIT is 17.18. Restaurant Brands International's value of 16.46 is 4.2% below this industry median. Based on the distribution chart, Restaurant Brands International ranks #123 out of 263 companies in the Restaurants industry, which is above the industry midpoint. Overall, Restaurant Brands International has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Restaurant Brands International's EV-to-EBIT compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Restaurant Brands International ranks #123 out of 263 companies for EV-to-EBIT. This puts Restaurant Brands International in the upper half of its industry. The industry median EV-to-EBIT is 17.18. Restaurant Brands International's value of 16.46 is 4.2% below this benchmark. Historically, Restaurant Brands International's own EV-to-EBIT has ranged from 15.14 to 32.95 over the past decade. While the company's 10-year median is 23.46 vs. the industry median of 17.18, Restaurant Brands International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Restaurants company?
The median EV-to-EBIT among Restaurants companies is 17.18, based on 263 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Restaurant Brands International's current EV-to-EBIT of 16.46 is 4.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Restaurant Brands International and its competitors. For the Restaurants industry, the median EV-to-EBIT is 17.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Restaurant Brands International's current EV-to-EBIT is 16.46, which is 30% below median its own 10-year median of 23.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Restaurant Brands International stock overvalued right now?
Based on GuruFocus' analysis, Restaurant Brands International (QSR) is currently considered Fairly Valued. The stock's GF Value™ is $79.38, compared to a current price of $76.59 — trading 3.5% below its estimated fair value. The current EV-to-EBIT is 16.46, which is 30% below median its 10-year median of 23.46 and 4.2% below the Restaurants industry median of 17.18. Restaurant Brands International's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Restaurant Brands International (QSR), the current EV-to-EBIT is 16.46 as of Aug. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Restaurant Brands International (QSR) Overvalued in 2026?

Based on GuruFocus' analysis, Restaurant Brands International stock appears to be undervalued. The current stock price of $76.59 is trading 3.5% below its estimated GF Value™ of $79.38. GuruFocus considers Restaurant Brands International to be Fairly Valued.

Key valuation signals for QSR:

  • EV-to-EBIT: 16.46 (30% below median its 10-year median of 23.46)
  • GF Value™: $79.38 vs. price of $76.59 (3.5% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 4.2% below the Restaurants median (#123 of 263)

No single metric tells the full story. See the QSR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Restaurant Brands International Business Description

Address 5707 Waterford District Drive, Suite 300, P.O. Box 339, Miami, FL, USA, 33126
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. Its banners include Burger King (7,025 stores), Tim Hortons (4,586), Popeyes (3,578), and Firehouse Subs (1,449), concentrated in the US and Canada, with these brands also comprising 16,403 franchised international locations as of year-end 2025. The firm primarily earns revenue from franchise and property fees, supply chain sales within the Tim Hortons segment, company-operated restaurants, and advertising royalties.
87GF Score

Get the complete analysis for QSR

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$76.59
Price
$79.38
GF Value