QSR (Restaurant Brands International) Interest Coverage: 4.76 (As of Mar. 2026) — 24% Above Median


QSR Restaurant Brands International Inc QSR
84 GF Score
Price $74.34
GF Value $84.50
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Restaurant Brands International Interest Coverage?

Restaurant Brands International QSR +1.52% 84 Interest Coverage is 4.76 as of Mar. 2026, which is 24% above its 10-year median of 3.83. GuruFocus rates QSR with a GF Score™ of 84/100 and a GF Value™ of $84.50 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 262 Restaurants companies, Restaurant Brands International ranks worse than 55.73% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Restaurant Brands International's Operating Income for the three months ended in Mar. 2026 was $586 Mil. Restaurant Brands International's Interest Expense for the three months ended in Mar. 2026 was $-123 Mil. Restaurant Brands International's interest coverage for the quarter that ended in Mar. 2026 was 4.76. The higher the ratio, the stronger the company's financial strength is.

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

QSR' s Interest Coverage Range Over the Past 10 Years
Min: 3.21   Med: 3.83   Max: 4.99
Current: 4.99


QSR's Interest Coverage is ranked worse than
55.73% of 262 companies
in the Restaurants industry
Industry Median: 6.45 vs QSR: 4.99

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Restaurant Brands International  (NYSE:QSR) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Restaurant Brands International Interest Coverage Related Terms


Restaurant Brands International Interest Coverage Historical Data

* Premium members only.

The historical data trend for Restaurant Brands International's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Restaurant Brands International Interest Coverage Chart

Restaurant Brands International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.95 3.50 3.93 4.78

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
Interest Coverage 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 3.92 4.92 5.14 5.13 4.76

QSR vs MCD, SBUX, CMG: Interest Coverage Comparison

For the Restaurants subindustry, Restaurant Brands International's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Restaurants Industry

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

* The bar in red indicates where Restaurant Brands International's Interest Coverage falls into.


QSR
84GF Score
Restaurant Brands International Inc QSR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Restaurant Brands International Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Dec. 2025, Restaurant Brands International's Interest Expense was $-522 Mil. Its Operating Income was $2,493 Mil. And its Long-Term Debt & Capital Lease Obligation was $15,436 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2493/-522
=4.78

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

Here, for the three months ended in Mar. 2026, Restaurant Brands International's Interest Expense was $-123 Mil. Its Operating Income was $586 Mil. And its Long-Term Debt & Capital Lease Obligation was $15,420 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*586/-123
=4.76

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 4.76 mean?
Restaurant Brands International (QSR) has a Interest Coverage of 4.76 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Restaurant Brands International and its competitors. This is 24% above median its historical median of 3.83. Over the past decade, Restaurant Brands International's Interest Coverage has ranged from 3.21 to 4.99. According to the industry distribution chart, Restaurant Brands International ranks #146 out of 262 companies in the Restaurants industry, placing it in the top 55.7%.
Is Restaurant Brands International's Interest Coverage too high?
Restaurant Brands International's current Interest Coverage of 4.76 is 24% above median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 4.99. The Restaurants industry median Interest Coverage is 6.45. Restaurant Brands International's value of 4.76 is 26.2% below this industry median. Based on the distribution chart, Restaurant Brands International ranks #146 out of 262 companies in the Restaurants industry, which is below the industry midpoint. Overall, Restaurant Brands International has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Restaurant Brands International's Interest Coverage compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Restaurant Brands International ranks #146 out of 262 companies for Interest Coverage. This places Restaurant Brands International in the lower half of its industry. The industry median Interest Coverage is 6.45. Restaurant Brands International's value of 4.76 is 26.2% below this benchmark. Historically, Restaurant Brands International's own Interest Coverage has ranged from 3.21 to 4.99 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 6.45, 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 Interest Coverage for a Restaurants company?
The median Interest Coverage among Restaurants companies is 6.45, based on 262 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Restaurant Brands International's current Interest Coverage of 4.76 is 26.2% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Restaurant Brands International and its competitors. For the Restaurants industry, the median Interest Coverage is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Restaurant Brands International's current Interest Coverage is 4.76, which is 24% above median its own 10-year median of 3.83. 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 Modestly Undervalued. The stock's GF Value™ is $84.50, compared to a current price of $74.34 — trading 12% below its estimated fair value. The current Interest Coverage is 4.76, which is 24% above median its 10-year median of 3.83 and 26.2% below the Restaurants industry median of 6.45. Restaurant Brands International's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Restaurant Brands International (QSR), the current Interest Coverage is 4.76 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 (QSR) Overvalued in 2026?

Based on GuruFocus' analysis, Restaurant Brands International stock appears to be undervalued. The current stock price of $74.34 is trading 12% below its estimated GF Value™ of $84.50. GuruFocus considers Restaurant Brands International to be Modestly Undervalued.

Key valuation signals for QSR:

  • Interest Coverage: 4.76 (24% above median its 10-year median of 3.83)
  • GF Value™: $84.50 vs. price of $74.34 (12% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 26.2% below the Restaurants median (#146 of 262)

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.
84GF Score

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

$74.34
Price
$84.50
GF Value