Restaurant Brands International (TSX:QSR) FCF Margin %: 7.46% (As of Mar. 2026) — 64% Below Median

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TSX:QSR Restaurant Brands International Inc TSX:QSR
89 GF Score
Price C$104.19
GF Value C$120.45
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Restaurant Brands International FCF Margin %?

Restaurant Brands International TSX:QSR -0.71% 89 FCF Margin % is 7.46% as of Mar. 2026, which is 64% below its 10-year median of 20.76. GuruFocus rates TSX:QSR with a GF Score™ of 89/100 and a GF Value™ of C$120.45 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 361 Restaurants companies, Restaurant Brands International ranks better than 88.64% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Restaurant Brands International's Free Cash Flow for the three months ended in Mar. 2026 was C$232 Mil. Restaurant Brands International's Revenue for the three months ended in Mar. 2026 was C$3,106 Mil. Therefore, Restaurant Brands International's FCF Margin % for the quarter that ended in Mar. 2026 was 7.46%.

As of today, Restaurant Brands International's current FCF Yield % is 5.95%.

The historical rank and industry rank for Restaurant Brands International's FCF Margin % or its related term are showing as below:

TSX:QSR' s FCF Margin % Range Over the Past 10 Years
Min: 15.36   Med: 20.76   Max: 29.59
Current: 16.32


During the past 13 years, the highest FCF Margin % of Restaurant Brands International was 29.59%. The lowest was 15.36%. And the median was 20.76%.

TSX:QSR's FCF Margin % is ranked better than
88.64% of 361 companies
in the Restaurants industry
Industry Median: 5.11 vs TSX:QSR: 16.32


Restaurant Brands International FCF Margin % Related Terms


Restaurant Brands International FCF Margin % Historical Data

* Premium members only.

The historical data trend for Restaurant Brands International's FCF Margin % 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 FCF Margin % Chart

Restaurant Brands International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.23 21.37 17.13 15.49 15.36

Restaurant Brands International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 2.56 17.05 21.68 18.37 7.46

TSX:QSR vs MCD, SBUX, YUM: FCF Margin % Comparison

For the Restaurants subindustry, Restaurant Brands International's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Restaurant Brands International's FCF Margin % falls into.


TSX:QSR
89GF Score
Restaurant Brands International Inc TSX:QSR
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Restaurant Brands International FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Restaurant Brands International's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1998.895/13014.203
=15.36 %

Restaurant Brands International's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=231.868/3106.208
=7.46 %

* 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 FCF Margin % →
What does a FCF Margin % of 7.46% mean?
Restaurant Brands International (TSX:QSR) has a FCF Margin % of 7.46% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Restaurant Brands International and its competitors. This is 64% below median its historical median of 20.76. Over the past decade, Restaurant Brands International's FCF Margin % has ranged from 15.36 to 29.59. According to the industry distribution chart, Restaurant Brands International ranks #41 out of 361 companies in the Restaurants industry, placing it in the top 11.4%.
Is Restaurant Brands International's FCF Margin % too high?
Restaurant Brands International's current FCF Margin % of 7.46% is 64% below median its 10-year median of 20.76. Over the past 10 years, this metric has ranged from a low of 15.36 to a high of 29.59. The Restaurants industry median FCF Margin % is 5.11. Restaurant Brands International's value of 7.46% is 46% above this industry median. Based on the distribution chart, Restaurant Brands International ranks #41 out of 361 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Restaurant Brands International has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Restaurant Brands International's FCF Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Restaurant Brands International ranks #41 out of 361 companies for FCF Margin %. This places Restaurant Brands International in the top 11% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 5.11. Restaurant Brands International's value of 7.46% is 46% above this benchmark. Historically, Restaurant Brands International's own FCF Margin % has ranged from 15.36 to 29.59 over the past decade. While the company's 10-year median is 20.76 vs. the industry median of 5.11, Restaurant Brands International has consistently been above 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 FCF Margin % for a Restaurants company?
The median FCF Margin % among Restaurants companies is 5.11, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Restaurant Brands International's current FCF Margin % of 7.46% is 46% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Restaurant Brands International and its competitors. For the Restaurants industry, the median FCF Margin % is 5.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Restaurant Brands International's current FCF Margin % is 7.46%, which is 64% below median its own 10-year median of 20.76. 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 (TSX:QSR) is currently considered Modestly Undervalued. The stock's GF Value™ is C$120.45, compared to a current price of C$104.19 — trading 13.5% below its estimated fair value. The current FCF Margin % is 7.46%, which is 64% below median its 10-year median of 20.76 and 46% above the Restaurants industry median of 5.11. Restaurant Brands International's overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Restaurant Brands International (TSX:QSR), the current FCF Margin % is 7.46% as of Mar. 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 (TSX:QSR) Overvalued in 2026?

Based on GuruFocus' analysis, Restaurant Brands International stock appears to be undervalued. The current stock price of C$104.19 is trading 13.5% below its estimated GF Value™ of C$120.45. GuruFocus considers Restaurant Brands International to be Modestly Undervalued.

Key valuation signals for TSX:QSR:

  • FCF Margin %: 7.46% (64% below median its 10-year median of 20.76)
  • GF Value™: C$120.45 vs. price of C$104.19 (13.5% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 46% above the Restaurants median (#41 of 361)

No single metric tells the full story. See the TSX: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.
89GF Score

Get the complete analysis for TSX:QSR

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$104.19
Price
C$120.45
GF Value