Restaurant Brands International Inc. (QSR)
Consumer Cyclical · NYQ
Price as at 12 Aug 2026, 02:31 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Restaurant Brands International Inc. trades at USD73.33, which is 63% below the USD119.73 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 53 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 24.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
QSR dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD1.30 | 2 |
| 2025 | USD2.48 | 4 |
| 2024 | USD2.32 | 4 |
| 2023 | USD2.20 | 4 |
| 2022 | USD2.16 | 4 |
| 2021 | USD2.12 | 4 |
| 2020 | USD2.08 | 4 |
| 2019 | USD2.00 | 4 |
| 2018 | USD1.80 | 4 |
| 2017 | USD0.780 | 4 |
| 2016 | USD0.620 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
QSR earnings and analyst estimates
Recommendation mix, 27 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Restaurant Brands International Inc.
Restaurant Brands International Inc. operates as a quick service restaurant company in Canada, the United States, and internationally. It operates through six segments: Tim Hortons, Burger King, Popeyes Louisiana Kitchen, Firehouse Subs, International, and Restaurant Holdings. The company owns and franchises Tim Hortons, a coffee and baked good restaurant chain that offers beverages, sandwiches, wraps, flatbread pizzas, and others; Burger King, a quick service hamburger restaurant chain that offers flame-grilled hamburgers, chicken, and other sandwiches; Popeyes, a quick service chicken concept that offers a Louisiana style menu, including fried bone-in chicken, chicken sandwiches, chicken tenders, wings, fried shrimp, and regional items; and Firehouse Subs, which offers subs with meats and cheese, as well as chili, soups, soft drinks, and other sides. Restaurant Brands International Inc. was founded in 1954 and is headquartered in Miami, Florida.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
QSR passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
13 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Bill Ackman, Pershing Square Capital Management, L.P.$1.67B · 12.2% of book
- Seth Klarman, BAUPOST GROUP LLC/MA$489.61M · 9.0% of book
- Christopher Davis, DAVIS SELECTED ADVISERS$265.98M · 1.2% of book
- Ken Griffin, CITADEL ADVISORS LLC$212.30M · 0.0% of book
- Capital Research Global, Capital Research Global Investors$185.41M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Restaurant Brands International Inc. (QSR) undervalued?
Against our fair value estimate of USD119.73, QSR at USD73.33 is 63% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own QSR?
13 of the institutions we track reported a position in QSR in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is QSR's P/E ratio?
QSR trades at 24.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Restaurant Brands International Inc. (QSR) pay a dividend?
Yes. Restaurant Brands International Inc. yields 3.45% at the current share price. It has paid USD2.54 per share over the trailing twelve months. It has paid a dividend in each of the last 11 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its QSR data?
Fundamentals for QSR come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 12 Aug 2026, 02:31 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for QSR, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.