Restaurant Brands International (QSR) Stock Price & Analysis
$25.28B
Market Cap
18.05
P/E
17.91
Forward P/E
49
Score
QSR price $72.48 -2.04 -2.74%
Stocklytics score rationale: value 49, quality 40, growth 58.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 4146000000 | 4576000000 | 5357000000 | 5603000000 | 4968000000 | 5739000000 | 6505000000 | 7022000000 | 8406000000 | 9434000000 |
Restaurant Brands International Inc. (RBI), a prominent quick-service restaurant enterprise, maintains its headquarters in Toronto, Canada. Established in 1954, the company operates globally, managing and franchising four distinct and widely recognized brands: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). Through its Tim Hortons segment, RBI offers a diverse menu at…
QSR fair value $97.77. Price $72.48. Price is 26% below fair value.
Below fair value, and cheaper than usual. A larger discount than on more than 99% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.57B. Growth 7.18%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 348.76M. Net debt 16.42B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-02-11 | — | 1.04 | — | 2.53B |
| 2026-10-29 | 1.10 | 1.08 | 2.52B | 2.55B |
| 2026-08-06 | 1.07 | 1.04 | 2.52B | 2.52B |
| 2026-05-06 | 0.86 | 0.83 | 2.26B | 2.24B |
| 2026-02-12 | 0.96 | 0.95 | 2.47B | 2.41B |
| 2025-10-30 | 1.03 | 1.00 | 2.45B | 2.39B |
| 2025-08-07 | 0.94 | 0.97 | 2.41B | 2.34B |
| 2025-05-08 | 0.75 | 0.78 | 2.11B | 2.15B |
| 2025-02-12 | 0.81 | 1.10 | 2.30B | 2.27B |
| 2024-11-05 | 0.93 | 0.95 | 2.29B | 2.39B |
| 2024-08-08 | 0.86 | 0.86 | 2.08B | 2.11B |
| 2024-04-30 | 0.73 | 0.72 | 1.73B | 1.71B |
| 2024-02-13 | 0.75 | 0.73 | 1.87B | 1.81B |
| 2023-11-03 | 0.90 | 0.86 | 1.84B | 1.88B |
| 2023-08-08 | 0.85 | 0.77 | 1.77B | 1.74B |
| 2023-05-02 | 0.75 | 0.64 | 1.59B | 1.56B |
| 2023-02-14 | 0.72 | 0.72 | 1.69B | 1.67B |
| 2022-11-03 | 0.96 | 0.80 | 1.73B | 1.63B |
| 2022-08-04 | 0.82 | 0.73 | 1.64B | 1.57B |
| 2022-05-03 | 0.64 | 0.63 | 1.45B | 1.43B |
| 2022-02-15 | 0.74 | 0.70 | 1.55B | 1.52B |
| 2021-10-25 | 0.76 | 0.74 | 1.50B | 1.51B |
| 2021-07-30 | 0.77 | 0.61 | 1.44B | 1.15B |
| 2021-04-30 | 0.55 | 0.50 | 1.26B | 1.15B |
| 2021-02-11 | 0.53 | 0.66 | 1.36B | 1.63B |
| 2020-10-27 | 0.68 | 0.62 | 1.34B | 1.24B |
| 2020-08-06 | 0.33 | 0.29 | 1.05B | 984.48M |
| 2020-05-01 | 0.48 | 0.50 | 1.23B | 1.30B |
| 2020-02-10 | 0.75 | 0.73 | 1.48B | 1.44B |
| 2019-10-28 | 0.72 | 0.72 | 1.46B | 1.46B |
| 2019-08-02 | 0.71 | 0.67 | 1.40B | 1.28B |
| 2019-04-29 | 0.55 | 0.58 | 1.27B | 1.34B |
| 2019-02-11 | 0.68 | 0.67 | 1.39B | 1.36B |
| 2018-10-24 | 0.63 | 0.64 | 1.38B | 1.42B |
| 2018-08-01 | 0.66 | 0.63 | 1.34B | 1.28B |
| 2018-04-24 | 0.66 | 0.56 | 1.25B | 1.06B |
| 2018-02-12 | 0.66 | 0.57 | 1.23B | 1.07B |
| 2017-10-26 | 0.58 | 0.49 | 1.21B | 1.02B |
| 2017-08-02 | 0.51 | 0.45 | 1.13B | 999.44M |
| 2017-04-26 | 0.36 | 0.35 | 1.00B | 972.81M |
Yield 3.55%. Payout ratio 76.45%. Frequency Quarterly.
Safety score 75/100 · Safe. Payout ratio is 76% of earnings. Dividends use a moderate share of free cash flow. Dividends were paid in 12 separate years. Yield is 3.5%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-09-18 | $0.65 | 2026-09-18 | 2026-10-02 | Quarterly |
| 2026-06-23 | $0.65 | 2026-06-23 | 2026-07-07 | Quarterly |
| 2026-03-19 | $0.65 | 2026-03-19 | 2026-04-02 | Quarterly |
| 2025-12-23 | $0.62 | 2025-12-23 | 2026-01-06 | Quarterly |
| 2025-09-23 | $0.62 | 2025-09-23 | 2025-10-07 | Quarterly |
| 2025-06-24 | $0.62 | 2025-06-24 | 2025-07-08 | Quarterly |
| 2025-03-21 | $0.62 | 2025-03-21 | 2025-04-04 | Quarterly |
| 2024-12-20 | $0.58 | 2024-12-20 | 2025-01-03 | Quarterly |
| 2024-09-20 | $0.58 | 2024-09-20 | 2024-10-04 | Quarterly |
| 2024-06-21 | $0.58 | 2024-06-21 | 2024-07-05 | Quarterly |
| 2024-03-20 | $0.58 | 2024-03-21 | 2024-04-04 | Quarterly |
| 2023-12-20 | $0.55 | 2023-12-21 | 2024-01-04 | Quarterly |
| 2023-09-19 | $0.55 | 2023-09-20 | 2023-10-04 | Quarterly |
| 2023-06-21 | $0.55 | 2023-06-22 | 2023-07-06 | Quarterly |
| 2023-03-21 | $0.55 | 2023-03-22 | 2023-04-05 | Quarterly |
| 2022-12-20 | $0.54 | 2022-12-21 | 2023-01-04 | Quarterly |
| 2022-09-20 | $0.54 | 2022-09-21 | 2022-10-05 | Quarterly |
| 2022-06-21 | $0.54 | 2022-06-22 | 2022-07-06 | Quarterly |
| 2022-03-22 | $0.54 | 2022-03-23 | 2022-04-06 | Quarterly |
| 2021-12-20 | $0.53 | 2021-12-21 | 2022-01-05 | Quarterly |
| 2021-09-20 | $0.53 | 2021-09-21 | 2021-10-05 | Quarterly |
| 2021-06-22 | $0.53 | 2021-06-23 | 2021-07-07 | Quarterly |
| 2021-03-22 | $0.53 | 2021-03-23 | 2021-04-06 | Quarterly |
| 2020-12-18 | $0.52 | 2020-12-21 | 2021-01-05 | Quarterly |
| 2020-09-17 | $0.52 | 2020-09-18 | 2020-10-02 | Quarterly |
| 2020-06-16 | $0.52 | 2020-06-17 | 2020-06-30 | Quarterly |
| 2020-03-13 | $0.52 | 2020-03-16 | 2020-04-03 | Quarterly |
| 2019-12-16 | $0.50 | 2019-12-17 | 2020-01-03 | Quarterly |
| 2019-09-16 | $0.50 | 2019-09-17 | 2019-10-03 | Quarterly |
| 2019-06-14 | $0.50 | 2019-06-17 | 2019-07-03 | Quarterly |
| 2019-03-14 | $0.50 | 2019-03-15 | 2019-04-03 | Quarterly |
| 2018-12-14 | $0.45 | 2018-12-17 | 2019-01-04 | Quarterly |
| 2018-09-06 | $0.45 | 2018-09-07 | 2018-10-01 | Quarterly |
| 2018-05-14 | $0.45 | 2018-05-15 | 2018-07-03 | Quarterly |
| 2018-03-14 | $0.45 | 2018-03-15 | 2018-04-02 | Quarterly |
| 2017-12-14 | $0.21 | 2017-12-15 | 2018-01-03 | Quarterly |
| 2017-09-14 | $0.20 | 2017-09-15 | 2017-10-03 | Quarterly |
| 2017-05-11 | $0.19 | 2017-05-15 | 2017-07-06 | Quarterly |
| 2017-03-01 | $0.18 | 2017-03-03 | 2017-04-04 | Quarterly |
| 2016-12-06 | $0.17 | 2016-12-08 | 2017-01-04 | Quarterly |
| 2016-09-01 | $0.16 | 2016-09-06 | 2016-10-04 | Quarterly |
| 2016-05-12 | $0.15 | 2016-05-16 | 2016-07-06 | Quarterly |
| 2016-03-01 | $0.14 | 2016-03-03 | 2016-04-04 | Quarterly |
| 2015-11-23 | $0.13 | 2015-11-25 | 2016-01-05 | Quarterly |
| 2015-08-26 | $0.12 | 2015-08-28 | 2015-10-02 | Quarterly |
| 2015-05-27 | $0.10 | 2015-05-29 | 2015-07-03 | Quarterly |
| 2015-02-27 | $0.09 | 2015-03-03 | 2015-04-02 | Quarterly |
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-02 | CURTIS THOMAS BENJAMIN | Buy | 607 | — | — |
| 2026-10-02 | CURTIS THOMAS BENJAMIN | Buy | 603 | — | — |
| 2026-10-02 | CURTIS THOMAS BENJAMIN | Buy | 551 | — | — |
| 2026-10-02 | CURTIS THOMAS BENJAMIN | Buy | 74 | — | — |
| 2026-10-02 | CURTIS THOMAS BENJAMIN | Buy | 73 | — | — |
| 2026-10-02 | CURTIS THOMAS BENJAMIN | Buy | 69 | — | — |
| 2026-10-02 | CURTIS THOMAS BENJAMIN | Buy | 24 | — | — |
| 2026-10-02 | Granat Jill | Buy | 415 | — | — |
| 2026-10-02 | Granat Jill | Buy | 400 | — | — |
| 2026-10-02 | Granat Jill | Buy | 337 | — | — |
| 2026-10-02 | Granat Jill | Buy | 132 | — | — |
| 2026-10-02 | Granat Jill | Buy | 74 | — | — |
| 2026-10-02 | Granat Jill | Buy | 72 | — | — |
| 2026-10-02 | Granat Jill | Buy | 38 | — | — |
| 2026-10-02 | Kobza Joshua | Buy | 3.14K | — | — |
| 2026-10-02 | Kobza Joshua | Buy | 1.58K | — | — |
| 2026-10-02 | Kobza Joshua | Buy | 1.51K | — | — |
| 2026-10-02 | Kobza Joshua | Buy | 1.21K | — | — |
| 2026-10-02 | Kobza Joshua | Buy | 290 | — | — |
| 2026-10-02 | Kobza Joshua | Buy | 156 | — | — |
| 2026-10-02 | Kobza Joshua | Buy | 144 | — | — |
| 2026-10-02 | Kobza Joshua | Buy | 68 | — | — |
| 2026-10-02 | Schwan Axel | Buy | 841 | — | — |
| 2026-10-02 | Schwan Axel | Buy | 603 | — | — |
| 2026-10-02 | Schwan Axel | Buy | 539 | — | — |
| 2026-10-02 | Schwan Axel | Buy | 107 | — | — |
| 2026-10-02 | Schwan Axel | Buy | 89 | — | — |
| 2026-10-02 | Schwan Axel | Buy | 68 | — | — |
| 2026-10-02 | Schwan Axel | Buy | 41 | — | — |
| 2026-10-02 | DOYLE J PATRICK | Buy | 7.93K | — | — |
| 2026-10-02 | DOYLE J PATRICK | Buy | 2.11K | — | — |
| 2026-10-02 | Friesner Jacqueline | Buy | 179 | — | — |
| 2026-10-02 | Friesner Jacqueline | Buy | 166 | — | — |
| 2026-10-02 | Friesner Jacqueline | Buy | 166 | — | — |
| 2026-10-02 | Friesner Jacqueline | Buy | 48 | — | — |
| 2026-10-02 | Friesner Jacqueline | Buy | 34 | — | — |
| 2026-10-02 | Friesner Jacqueline | Buy | 33 | — | — |
| 2026-10-02 | Friesner Jacqueline | Buy | 18 | — | — |
| 2026-10-02 | Siddiqui Sami A. | Buy | 716 | — | — |
| 2026-10-02 | Siddiqui Sami A. | Buy | 679 | — | — |
| 2026-10-02 | Siddiqui Sami A. | Buy | 551 | — | — |
| 2026-10-02 | Siddiqui Sami A. | Buy | 472 | — | — |
| 2026-10-02 | Siddiqui Sami A. | Buy | 137 | — | — |
| 2026-10-02 | Siddiqui Sami A. | Buy | 74 | — | — |
| 2026-10-02 | Siddiqui Sami A. | Buy | 71 | — | — |
| 2026-10-02 | Siddiqui Sami A. | Buy | 23 | — | — |
| 2026-10-02 | PERDUE PETER | Buy | 276 | — | — |
| 2026-10-02 | PERDUE PETER | Buy | 128 | — | — |
| 2026-10-02 | PERDUE PETER | Buy | 115 | — | — |
| 2026-10-02 | PERDUE PETER | Buy | 26 | — | — |
| 2026-10-02 | PERDUE PETER | Buy | 21 | — | — |
| 2026-10-02 | PERDUE PETER | Buy | 21 | — | — |
| 2026-10-02 | PERDUE PETER | Buy | 5 | — | — |
| 2026-10-02 | SANTELMO THIAGO T | Buy | 455 | — | — |
| 2026-10-02 | SANTELMO THIAGO T | Buy | 392 | — | — |
| 2026-10-02 | SANTELMO THIAGO T | Buy | 290 | — | — |
| 2026-10-02 | SANTELMO THIAGO T | Buy | 151 | — | — |
| 2026-10-02 | SANTELMO THIAGO T | Buy | 53 | — | — |
| 2026-10-02 | SANTELMO THIAGO T | Buy | 29 | — | — |
| 2026-10-02 | SANTELMO THIAGO T | Buy | 21 | — | — |
| 2026-10-02 | Fulton Duncan | Buy | 226 | — | — |
| 2026-10-02 | Fulton Duncan | Buy | 207 | — | — |
| 2026-10-02 | Fulton Duncan | Buy | 202 | — | — |
| 2026-10-02 | Fulton Duncan | Buy | 66 | — | — |
| 2026-10-02 | Fulton Duncan | Buy | 49 | — | — |
| 2026-10-02 | Fulton Duncan | Buy | 46 | — | — |
| 2026-10-02 | Fulton Duncan | Buy | 23 | — | — |
| 2026-10-02 | Housman Jeffrey | Buy | 344 | — | — |
| 2026-10-02 | Housman Jeffrey | Buy | 324 | — | — |
| 2026-10-02 | Housman Jeffrey | Buy | 270 | — | — |
| 2026-10-02 | Housman Jeffrey | Buy | 75 | — | — |
| 2026-10-02 | Housman Jeffrey | Buy | 54 | — | — |
| 2026-10-02 | Housman Jeffrey | Buy | 50 | — | — |
| 2026-10-02 | Housman Jeffrey | Buy | 24 | — | — |
| 2026-09-04 | Schwan Axel | Buy | 30.00K | $64.75 | 1.94M |
| 2026-09-04 | Schwan Axel | Buy | 40.00K | $58.44 | 2.34M |
| 2026-09-04 | Schwan Axel | Sell | 57.57K | $81.14 | 4.67M |
| 2026-09-04 | Schwan Axel | Sell | 30.00K | $64.75 | 1.94M |
| 2026-09-04 | Schwan Axel | Sell | 40.00K | $58.44 | 2.34M |
| 2026-08-21 | CURTIS THOMAS BENJAMIN | Sell | 64.00K | $80.72 | 5.17M |
| 2026-08-10 | 3G Restaurant Brands Holdings General Partner Ltd. | Buy | 2.78M | — | — |
| 2026-08-10 | 3G Restaurant Brands Holdings General Partner Ltd. | Buy | 2.00M | — | — |
| 2026-07-07 | Fulton Duncan | Buy | 214 | — | — |
| 2026-07-07 | Fulton Duncan | Buy | 195 | — | — |
| 2026-07-07 | Fulton Duncan | Buy | 190 | — | — |
| 2026-07-07 | Fulton Duncan | Buy | 62 | — | — |
| 2026-07-07 | Fulton Duncan | Buy | 46 | — | — |
| 2026-07-07 | Fulton Duncan | Buy | 44 | — | — |
| 2026-07-07 | Fulton Duncan | Buy | 22 | — | — |
| 2026-07-07 | CURTIS THOMAS BENJAMIN | Buy | 573 | — | — |
| 2026-07-07 | CURTIS THOMAS BENJAMIN | Buy | 570 | — | — |
| 2026-07-07 | CURTIS THOMAS BENJAMIN | Buy | 520 | — | — |
| 2026-07-07 | CURTIS THOMAS BENJAMIN | Buy | 70 | — | — |
| 2026-07-07 | CURTIS THOMAS BENJAMIN | Buy | 69 | — | — |
| 2026-07-07 | CURTIS THOMAS BENJAMIN | Buy | 65 | — | — |
| 2026-07-07 | CURTIS THOMAS BENJAMIN | Buy | 22 | — | — |
| 2026-07-07 | Housman Jeffrey | Buy | 325 | — | — |
| 2026-07-07 | Housman Jeffrey | Buy | 306 | — | — |
| 2026-07-07 | Housman Jeffrey | Buy | 254 | — | — |
| 2026-07-07 | Housman Jeffrey | Buy | 71 | — | — |
Latest filed quarter: Q2 2026.
Institutions holding: 621, holders +40 vs prior quarter. Ownership 93.22%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| CAPITAL WORLD INVESTORS | 43.86M | 1.00M | +2.34% | 3.18B |
| PERSHING SQUARE INC. | 25.82M | 25.82M | New | 1.87B |
| ROYAL BANK OF CANADA | 20.24M | 1.85M | +10.06% | 1.47B |
| EDGEPOINT INVESTMENT GROUP INC. | 17.17M | -2.18M | -11.25% | 1.24B |
| BLACKROCK, INC. | 15.23M | 7.24M | +90.61% | 1.10B |
| BANK OF MONTREAL /CAN/ | 11.30M | 2.28M | +25.34% | 818.49M |
| VANGUARD CAPITAL MANAGEMENT LLC | 10.49M | 178.39K | +1.73% | 760.84M |
| FMR LLC | 8.42M | 159.17K | +1.93% | 610.49M |
| GOLDMAN SACHS GROUP INC | 7.31M | 197.15K | +2.77% | 530.09M |
| BAUPOST GROUP LLC/MA | 6.75M | -1.33M | -16.42% | 489.61M |
| FIERA CAPITAL CORP | 6.17M | -523.26K | -7.82% | 446.65M |
| CIBC WORLD MARKET INC. | 6.11M | -653.74K | -9.67% | 442.78M |
| GEODE CAPITAL MANAGEMENT, LLC | 5.85M | 305.84K | +5.51% | 436.08M |
| MORGAN STANLEY | 4.84M | -2.48M | -33.83% | 351.27M |
| BANK OF AMERICA CORP /DE/ | 4.77M | -162.71K | -3.30% | 345.87M |
| BEUTEL, GOODMAN & CO LTD. | 4.42M | -673.89K | -13.22% | 320.81M |
| CANADA PENSION PLAN INVESTMENT BOARD | 4.22M | 1.28M | +43.68% | 306.14M |
| TD ASSET MANAGEMENT INC | 4.16M | -1.48M | -26.22% | 301.64M |
| PLATINUM PARAMOUNT INVESTMENT LTD. | 4.12M | 0 | 0.00% | 298.66M |
| NORGES BANK | 3.82M | 3.82M | New | 276.98M |
| NATIONAL BANK OF CANADA /FI/ | 3.65M | 96.63K | +2.72% | 262.52M |
| INVESCO LTD. | 3.40M | -138.63K | -3.91% | 246.85M |
| STATE STREET CORP | 3.37M | -145.99K | -4.15% | 246.50M |
| NOMURA HOLDINGS INC | 3.37M | 3.37M | New | 244.56M |
| CANOE FINANCIAL LP | 3.35M | 6.87K | +0.21% | 243.10M |
Insights · Dividends · Forecast · Financials · Learn
$25.28B
Market Cap
18.05
P/E
17.91
Forward P/E
49
Score