Restaurant Brands International (TSX:QSR) Asset Turnover: 0.09 (As of Mar. 2026)

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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 Asset Turnover?

Restaurant Brands International TSX:QSR -0.71% 89 Asset Turnover is 0.09 as of Mar. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Restaurant Brands International's Revenue for the three months ended in Mar. 2026 was C$3,106 Mil. Restaurant Brands International's Total Assets for the quarter that ended in Mar. 2026 was C$34,736 Mil. Therefore, Restaurant Brands International's Asset Turnover for the quarter that ended in Mar. 2026 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Restaurant Brands International's annualized ROE % for the quarter that ended in Mar. 2026 was 36.56%. It is also linked to ROA % through Du Pont Formula. Restaurant Brands International's annualized ROA % for the quarter that ended in Mar. 2026 was 5.34%.


Restaurant Brands International  (TSX:QSR) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Restaurant Brands International's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1854.944/5074.2495
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1854.944 / 12424.832)*(12424.832 / 34735.6265)*(34735.6265/ 5074.2495)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.93 %*0.3577*6.8455
=ROA %*Equity Multiplier
=5.34 %*6.8455
=36.56 %

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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Restaurant Brands International's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1854.944/34735.6265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1854.944 / 12424.832)*(12424.832 / 34735.6265)
=Net Margin %*Asset Turnover
=14.93 %*0.3577
=5.34 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Restaurant Brands International Asset Turnover Related Terms


Restaurant Brands International Asset Turnover Historical Data

* Premium members only.

The historical data trend for Restaurant Brands International's Asset Turnover 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 Asset Turnover Chart

Restaurant Brands International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.29 0.30 0.36 0.37

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
Asset Turnover 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 0.09 0.09 0.10 0.10 0.09

TSX:QSR vs MCD, SBUX, YUM: Asset Turnover Comparison

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

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

* The bar in red indicates where Restaurant Brands International's Asset Turnover falls into.


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

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=13014.203/( (35093.21+35335.893)/ 2 )
=13014.203/35214.5515
=0.37

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=3106.208/( (35335.893+34135.36)/ 2 )
=3106.208/34735.6265
=0.09

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.09 mean?
Restaurant Brands International (TSX:QSR) has a Asset Turnover of 0.09 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Restaurant Brands International and its competitors.
Is Restaurant Brands International's Asset Turnover too high?
Restaurant Brands International's current Asset Turnover is 0.09. 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 Asset Turnover compare to MCD and SBUX?
Restaurant Brands International's Asset Turnover of 0.09 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Restaurants company?
A good Asset Turnover depends on the Restaurants industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Restaurant Brands International and its competitors. Restaurant Brands International's current Asset Turnover is 0.09. 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 Asset Turnover is 0.09. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Restaurant Brands International (TSX:QSR), the current Asset Turnover is 0.09 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:

  • Asset Turnover: 0.09
  • GF Value™: C$120.45 vs. price of C$104.19 (13.5% below fair value)
  • GF Score™: 89/100 with 5 warning signs

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

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Asset Turnover 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