QSR (Restaurant Brands International) Net Margin %: 14.93% (As of Mar. 2026) — 13% Above Median


QSR Restaurant Brands International Inc QSR
84 GF Score
Price $72.76
GF Value $84.10
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Restaurant Brands International Net Margin %?

Restaurant Brands International QSR +1.56% 84 Net Margin % is 14.93% as of Mar. 2026, which is 13% above its 10-year median of 13.16. GuruFocus rates QSR with a GF Score™ of 84/100 and a GF Value™ of $84.10 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 366 Restaurants companies, Restaurant Brands International ranks better than 89.34% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Restaurant Brands International's Net Income for the three months ended in Mar. 2026 was $338 Mil. Restaurant Brands International's Revenue for the three months ended in Mar. 2026 was $2,264 Mil. Therefore, Restaurant Brands International's net margin for the quarter that ended in Mar. 2026 was 14.93%.

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

QSR' s Net Margin % Range Over the Past 10 Years
Min: 8.23   Med: 13.16   Max: 16.95
Current: 9.96


QSR's Net Margin % is ranked better than
89.34% of 366 companies
in the Restaurants industry
Industry Median: 2.06 vs QSR: 9.96

Restaurant Brands International  (NYSE:QSR) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Restaurant Brands International Net Margin % Related Terms


Restaurant Brands International Net Margin % Historical Data

* Premium members only.

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

Restaurant Brands International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.60 15.50 16.95 12.15 8.23

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
Net 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 7.54 7.84 12.86 4.58 14.93

QSR vs MCD, SBUX, CMG: Net Margin % Comparison

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

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

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


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

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=776/9434
=8.23 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=338/2264
=14.93 %

* 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 Net Margin % →
What does a Net Margin % of 14.93% mean?
Restaurant Brands International (QSR) has a Net Margin % of 14.93% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Restaurant Brands International and its competitors. This is 13% above median its historical median of 13.16. Over the past decade, Restaurant Brands International's Net Margin % has ranged from 8.23 to 16.95. According to the industry distribution chart, Restaurant Brands International ranks #39 out of 366 companies in the Restaurants industry, placing it in the top 10.7%.
Is Restaurant Brands International's Net Margin % too high?
Restaurant Brands International's current Net Margin % of 14.93% is 13% above median its 10-year median of 13.16. Over the past 10 years, this metric has ranged from a low of 8.23 to a high of 16.95. The Restaurants industry median Net Margin % is 2.06. Restaurant Brands International's value of 14.93% is 624.8% above this industry median. Based on the distribution chart, Restaurant Brands International ranks #39 out of 366 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 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Restaurant Brands International's Net Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Restaurant Brands International ranks #39 out of 366 companies for Net Margin %. This places Restaurant Brands International in the top 11% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.06. Restaurant Brands International's value of 14.93% is 624.8% above this benchmark. Historically, Restaurant Brands International's own Net Margin % has ranged from 8.23 to 16.95 over the past decade. While the company's 10-year median is 13.16 vs. the industry median of 2.06, 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 Net Margin % for a Restaurants company?
The median Net Margin % among Restaurants companies is 2.06, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Restaurant Brands International's current Net Margin % of 14.93% is 624.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Restaurant Brands International and its competitors. For the Restaurants industry, the median Net Margin % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Restaurant Brands International's current Net Margin % is 14.93%, which is 13% above median its own 10-year median of 13.16. 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 $84.10, compared to a current price of $72.76 — trading 13.5% below its estimated fair value. The current Net Margin % is 14.93%, which is 13% above median its 10-year median of 13.16 and 624.8% above the Restaurants industry median of 2.06. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Restaurant Brands International (QSR), the current Net Margin % is 14.93% 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 $72.76 is trading 13.5% below its estimated GF Value™ of $84.10. GuruFocus considers Restaurant Brands International to be Modestly Undervalued.

Key valuation signals for QSR:

  • Net Margin %: 14.93% (13% above median its 10-year median of 13.16)
  • GF Value™: $84.10 vs. price of $72.76 (13.5% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 624.8% above the Restaurants median (#39 of 366)

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

$72.76
Price
$84.10
GF Value