Restaurant Brands International (NYSE:QSR) Issues Quarterly Earnings Results

Restaurant Brands International (NYSE:QSR) (TSE:QSR) issued its earnings results on Thursday. The restaurant operator reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.03, Briefing.com reports. The business had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.41 billion. Restaurant Brands International had a return on equity of 32.73% and a net margin of 8.23%.The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period last year, the company earned $0.81 EPS.

Here are the key takeaways from Restaurant Brands International’s conference call:

• For 2025 RBI reported strong results with 8.3% organic adjusted operating income growth and 10.7% adjusted EPS growth, the third consecutive year of roughly 8% AOI growth.
• The international segment was a standout (Q4 comps +6.1%, system-wide sales ~+11% FY), and RBI closed a joint venture with CPE for Burger King China with a $350 million capital injection and a plan to roughly double the footprint to ~2,500 units by 2030.
• Burger King U.S. showed operational momentum—successful marketing (e.g., SpongeBob activation), retention of new guests, Modern Image up to 58%, and refranchising that started ahead of schedule, supporting long-term unit and margin improvement.
• Elevated commodity costs, notably >20% beef inflation in 2025, pressured Burger King franchisee profitability (avg. ~$185k vs ~$205k in 2024), a near-term headwind to unit economics and margins.
• Popeyes underperformed in 2025 (comparable sales down ~3.2% and franchisee EBITDA ? $235k), prompting a leadership reset and intensified field operations/coaching to restore restaurant-level execution.

Restaurant Brands International Stock Performance

NYSE QSR opened at $66.14 on Friday. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.06 and a quick ratio of 0.98. The company has a market cap of $22.92 billion, a P/E ratio of 28.03, a P/E/G ratio of 2.40 and a beta of 0.58. The stock has a 50-day moving average of $68.99 and a two-hundred day moving average of $67.44. Restaurant Brands International has a 1-year low of $58.71 and a 1-year high of $73.70.

Restaurant Brands International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, March 19th will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Thursday, March 19th. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.62. Restaurant Brands International’s dividend payout ratio is currently 88.26%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on QSR. Oppenheimer reaffirmed an “outperform” rating and set a $80.00 target price on shares of Restaurant Brands International in a research note on Tuesday, November 25th. Argus upgraded Restaurant Brands International from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a report on Tuesday, December 2nd. Barclays cut their target price on Restaurant Brands International from $86.00 to $82.00 and set an “overweight” rating for the company in a research note on Friday. Robert W. Baird upped their price target on Restaurant Brands International from $68.00 to $72.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Finally, TD Cowen lowered their price target on Restaurant Brands International from $74.00 to $72.00 and set a “hold” rating for the company in a report on Thursday. Twelve equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $76.62.

Key Restaurant Brands International News

Here are the key news stories impacting Restaurant Brands International this week:

• Positive Sentiment: Q4 results beat consensus: EPS $0.96 vs. $0.93 expected and revenue $2.47B vs. $2.41B, with consolidated comparable sales up ~3.1% led by international Burger King strength; company returned about $1.1B to shareholders and said it hit its 2025 targets. PR Newswire: Q4 and FY2025 Results
• Positive Sentiment: Board raised the quarterly dividend to $0.65 (4.8% increase), implying a ~3.9% yield and signaling cash-return focus and confidence in cash flow. Press Release / Investor PDF
• Neutral Sentiment: Analyst and media coverage is parsing the quarter: several deep-dive pieces highlight international expansion as a growth engine but also flag margin pressure — useful context for longer-term thesis but not an immediate catalyst. Yahoo Finance: Q4 Deep Dive
• Negative Sentiment: Two banks trimmed price targets (RBC: $82?$80; BMO: $83?$81) while maintaining “Outperform” ratings — a modest downgrade that can weigh on sentiment despite retained upside. BayStreet.CA: Analyst Ratings
• Negative Sentiment: Profit slid in the quarter and commentary points to margin compression (costs or mix) even as sales rose — a near-term margin/headline risk that likely offsets some of the positive results. WSJ: Profit Slides

Insider Buying and Selling at Restaurant Brands International

In other Restaurant Brands International news, insider Thiago T. Santelmo sold 699 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $67.44, for a total transaction of $47,140.56. Following the sale, the insider directly owned 64,088 shares in the company, valued at $4,322,094.72. This represents a 1.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jill Granat sold 1,925 shares of the business’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $67.44, for a total transaction of $129,822.00. Following the completion of the transaction, the insider owned 458,280 shares of the company’s stock, valued at approximately $30,906,403.20. This trade represents a 0.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 145,508 shares of company stock valued at $10,233,040. Corporate insiders own 1.25% of the company’s stock.

Institutional Trading of Restaurant Brands International

Several hedge funds have recently modified their holdings of QSR. Quartz Partners LLC grew its stake in Restaurant Brands International by 14.0% during the 4th quarter. Quartz Partners LLC now owns 70,810 shares of the restaurant operator’s stock worth $4,831,000 after purchasing an additional 8,683 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Restaurant Brands International by 50.4% in the 4th quarter. UMB Bank n.a. now owns 639 shares of the restaurant operator’s stock valued at $44,000 after buying an additional 214 shares during the period. Stifel Financial Corp grew its position in shares of Restaurant Brands International by 50.8% during the fourth quarter. Stifel Financial Corp now owns 54,231 shares of the restaurant operator’s stock worth $3,700,000 after buying an additional 18,277 shares in the last quarter. PCM Encore LLC acquired a new position in shares of Restaurant Brands International during the fourth quarter worth about $996,000. Finally, Morgan Stanley increased its stake in shares of Restaurant Brands International by 24.2% during the fourth quarter. Morgan Stanley now owns 8,429,121 shares of the restaurant operator’s stock worth $575,119,000 after buying an additional 1,641,870 shares during the period. 82.29% of the stock is currently owned by institutional investors and hedge funds.

About Restaurant Brands International

Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.