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Restaurant Brands InternationalQSR -0.85%84 Return-on-Tangible-Asset is 17.26% as of Mar. 2026, which is 28% above its 10-year median of 13.48. GuruFocus rates QSR with a GF Score™ of 84/100 and a GF Value™ of $85.65 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 362 Restaurants companies, Restaurant Brands International ranks better than 87.57% on this metric.
The historical rank and industry rank for Restaurant Brands International's Return-on-Tangible-Asset or its related term are showing as below:
QSR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.68 Med: 13.48 Max: 18.81
Current: 11.85
During the past 13 years, Restaurant Brands International's highest Return-on-Tangible-Asset was 18.81%. The lowest was 7.68%. And the median was 13.48%.
QSR's Return-on-Tangible-Asset is ranked better than 87.57% of 362
companies
in the Restaurants industry
Industry Median: 2.36
vs QSR: 11.85
Restaurant Brands International (NYSE:QSR) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Restaurant Brands International Return-on-Tangible-Asset Related Terms
Restaurant Brands International Return-on-Tangible-Asset Historical Data
* 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 Return-on-Tangible-Asset Chart
QSR vs MCD, SBUX, YUM: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, Restaurant Brands International's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Restaurant Brands International's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.26% mean?
Restaurant Brands International (QSR) has a Return-on-Tangible-Asset of 17.26% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Restaurant Brands International and its competitors. This is 28% above median its historical median of 13.48. Over the past decade, Restaurant Brands International's Return-on-Tangible-Asset has ranged from 7.68 to 18.81. According to the industry distribution chart, Restaurant Brands International ranks #45 out of 362 companies in the Restaurants industry, placing it in the top 12.4%.
Is Restaurant Brands International's Return-on-Tangible-Asset too high?
Restaurant Brands International's current Return-on-Tangible-Asset of 17.26% is 28% above median its 10-year median of 13.48. Over the past 10 years, this metric has ranged from a low of 7.68 to a high of 18.81. The Restaurants industry median Return-on-Tangible-Asset is 2.36. Restaurant Brands International's value of 17.26% is 631.4% above this industry median. Based on the distribution chart, Restaurant Brands International ranks #45 out of 362 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 Return-on-Tangible-Asset compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Restaurant Brands International ranks #45 out of 362 companies for Return-on-Tangible-Asset. This places Restaurant Brands International in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.36. Restaurant Brands International's value of 17.26% is 631.4% above this benchmark. Historically, Restaurant Brands International's own Return-on-Tangible-Asset has ranged from 7.68 to 18.81 over the past decade. While the company's 10-year median is 13.48 vs. the industry median of 2.36, 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 Return-on-Tangible-Asset for a Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.36, based on 362 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Restaurant Brands International's current Return-on-Tangible-Asset of 17.26% is 631.4% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Restaurant Brands International and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Restaurant Brands International's current Return-on-Tangible-Asset is 17.26%, which is 28% above median its own 10-year median of 13.48. 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 $85.65, compared to a current price of $73.19 — trading 14.5% below its estimated fair value. The current Return-on-Tangible-Asset is 17.26%, which is 28% above median its 10-year median of 13.48 and 631.4% above the Restaurants industry median of 2.36. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Restaurant Brands International (QSR), the current Return-on-Tangible-Asset is 17.26% 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 $73.19 is trading 14.5% below its estimated GF Value™ of $85.65.
GuruFocus considers Restaurant Brands International to be Modestly Undervalued.
Key valuation signals for QSR:
Return-on-Tangible-Asset: 17.26% (28% above median its 10-year median of 13.48)
GF Value™: $85.65 vs. price of $73.19 (14.5% below fair value)
Industry Position: 631.4% above the Restaurants median (#45 of 362)
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
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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