Restaurant Brands International Limited Partnership (RSTRF)
Consumer · PNK
Price as at 1 Oct 2026, 00:48 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Restaurant Brands International Limited Partnership trades at $74.00, which is 63% below the $120.51 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 55 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 23.1 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.
RSTRF dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.95 | 3 |
| 2025 | $1.24 | 2 |
| 2024 | $2.32 | 4 |
| 2023 | $2.20 | 4 |
| 2022 | $2.16 | 4 |
| 2021 | $2.12 | 4 |
| 2020 | $2.08 | 4 |
| 2019 | $2.00 | 4 |
| 2018 | $1.80 | 4 |
| 2017 | $0.780 | 4 |
| 2016 | $0.330 | 2 |
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.
About Restaurant Brands International Limited Partnership
Restaurant Brands International Limited Partnership operates and franchises quick service restaurants in the United States and internationally. The company operates through six segments: Tim Hortons, Burger King, Popeyes Louisiana Kitchen, Firehouse Subs, International, and Restaurant Holdings. Its restaurants offers coffee and other beverages, baked goods, and food products under the Tim Hortons brand name; hamburgers, chicken, and other specialty sandwiches under the Burger King brand name; fried bone-in chicken, chicken sandwiches, chicken tenders, wings, fried shrimp, and regional items under the Popeyes brand name; and sandwiches, subs piled with meats and cheese, chili, soups, and other sides under the Firehouse Sub brand name. Restaurant Brands International Inc. serves as the general partner of the company. The company was formerly known as New Red Canada Limited Partnership and changed its name to Restaurant Brands International Limited Partnership in December 2014. The company was founded in 1954 and is headquartered in Toronto, Canada. Restaurant Brands International Limited Partnership operates as a subsidiary of Restaurant Brands International Inc.
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.
RSTRF passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
RSTRF peers
The largest companies in the same industry (Restaurants), then in the same sector.
- MCD McDonald's Corporation
- QSR Restaurant Brands International Inc.
- BROS Dutch Bros Inc.
- LKNCY Luckin Coffee Inc.
- CAVA CAVA Group, Inc.
- EAT Brinker International, Inc.
- CAKE The Cheesecake Factory Incorporated
- CHA Chagee Holdings Limited
Every consumer company we cover is on the Consumer hub.
Common questions
Is Restaurant Brands International Limited Partnership (RSTRF) undervalued?
Against our fair value estimate of $120.51, RSTRF at $74.00 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.
What is RSTRF's P/E ratio?
RSTRF trades at 23.1 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 Limited Partnership (RSTRF) pay a dividend?
Yes. Restaurant Brands International Limited Partnership yields 3.59% at the current share price. It has paid $1.95 per share over the trailing twelve months. It has paid a dividend in each of the last 10 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 RSTRF data?
Fundamentals for RSTRF come from company filings and exchange data, as listed on PNK; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 00:48 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 RSTRF, 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.