ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Restaurant Brands International's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,352 Mil.
Restaurant Brands International's average Total Assets over the quarter that ended in Mar. 2026 was $25,248 Mil. Therefore, Restaurant Brands International's annualized ROA % for the quarter that ended in Mar. 2026 was 5.35%.
QSR'
s ROA % Range Over the Past 10 Years
Min: 2.12 Med: 3.2 Max: 5.13
Current: 3.74
During the past 13 years, Restaurant Brands International's highest ROA % was 5.13%. The lowest was 2.12%. And the median was 3.20%.
QSR's ROA % is ranked better than 61.58% of 367
companies
in the Restaurants industry
Industry Median: 2.15
vs QSR: 3.74
Restaurant Brands International (NYSE:QSR) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Restaurant Brands International ROA % Related Terms
Restaurant Brands International ROA % 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.
For the Restaurants subindustry, Restaurant Brands International's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's ROA % distribution charts can be found below:
* The bar in red indicates where Restaurant Brands International's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Restaurant Brands International (QSR) has a ROA % of 5.35% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Restaurant Brands International and its competitors. This is 67% above median its historical median of 3.20. Over the past decade, Restaurant Brands International's ROA % has ranged from 2.12 to 5.13. According to the industry distribution chart, Restaurant Brands International ranks #141 out of 367 companies in the Restaurants industry, placing it in the top 38.4%.
Is Restaurant Brands International's ROA % too high?
Restaurant Brands International's current ROA % of 5.35% is 67% above median its 10-year median of 3.20. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 5.13. The Restaurants industry median ROA % is 2.15. Restaurant Brands International's value of 5.35% is 148.8% above this industry median. Based on the distribution chart, Restaurant Brands International ranks #141 out of 367 companies in the Restaurants industry, which is above 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 ROA % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Restaurant Brands International ranks #141 out of 367 companies for ROA %. This puts Restaurant Brands International in the upper half of its industry. The industry median ROA % is 2.15. Restaurant Brands International's value of 5.35% is 148.8% above this benchmark. Historically, Restaurant Brands International's own ROA % has ranged from 2.12 to 5.13 over the past decade. While the company's 10-year median is 3.20 vs. the industry median of 2.15, 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 ROA % for a Restaurants company?
The median ROA % among Restaurants companies is 2.15, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Restaurant Brands International's current ROA % of 5.35% is 148.8% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Restaurant Brands International and its competitors. For the Restaurants industry, the median ROA % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Restaurant Brands International's current ROA % is 5.35%, which is 67% above median its own 10-year median of 3.20. 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 $72.84 — trading 13.4% below its estimated fair value. The current ROA % is 5.35%, which is 67% above median its 10-year median of 3.20 and 148.8% above the Restaurants industry median of 2.15. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Restaurant Brands International (QSR), the current ROA % is 5.35% 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 $72.84 is trading 13.4% below its estimated GF Value™ of $84.10.
GuruFocus considers Restaurant Brands International to be Modestly Undervalued.
Key valuation signals for QSR:
ROA %: 5.35% (67% above median its 10-year median of 3.20)
GF Value™: $84.10 vs. price of $72.84 (13.4% below fair value)
Industry Position: 148.8% above the Restaurants median (#141 of 367)
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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