Restaurant Brands International Limited Partnership

TSX:QSP.UN Stock Report

Market Cap: CA$33.7b

Restaurant Brands International Limited Partnership Past Earnings Performance

Past criteria checks 2/6

Restaurant Brands International Limited Partnership has been growing earnings at an average annual rate of 10.2%, while the Hospitality industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 12.4% per year. Restaurant Brands International Limited Partnership's return on equity is 24.9%, and it has net margins of 13.9%.

Key information

10.20%

Earnings growth rate

11.72%

EPS growth rate

Hospitality Industry Growth5.96%
Revenue growth rate12.45%
Return on equity24.94%
Net Margin13.89%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

We Think Restaurant Brands International Limited Partnership (TSE:QSP.UN) Is Taking Some Risk With Its Debt

Dec 03
We Think Restaurant Brands International Limited Partnership (TSE:QSP.UN) Is Taking Some Risk With Its Debt

Restaurant Brands International Limited Partnership (TSE:QSP.UN) Is Experiencing Growth In Returns On Capital

Oct 29
Restaurant Brands International Limited Partnership (TSE:QSP.UN) Is Experiencing Growth In Returns On Capital

Calculating The Intrinsic Value Of Restaurant Brands International Limited Partnership (TSE:QSP.UN)

Sep 15
Calculating The Intrinsic Value Of Restaurant Brands International Limited Partnership (TSE:QSP.UN)

Returns At Restaurant Brands International Limited Partnership (TSE:QSP.UN) Appear To Be Weighed Down

Jul 29
Returns At Restaurant Brands International Limited Partnership (TSE:QSP.UN) Appear To Be Weighed Down

Does Restaurant Brands International Limited Partnership (TSE:QSP.UN) Have A Healthy Balance Sheet?

Jul 07
Does Restaurant Brands International Limited Partnership (TSE:QSP.UN) Have A Healthy Balance Sheet?

Restaurant Brands International Limited Partnership's (TSE:QSP.UN) Shareholders Might Be Looking For Exit

Jun 19
Restaurant Brands International Limited Partnership's (TSE:QSP.UN) Shareholders Might Be Looking For Exit

A Look At The Fair Value Of Restaurant Brands International Limited Partnership (TSE:QSP.UN)

May 30
A Look At The Fair Value Of Restaurant Brands International Limited Partnership (TSE:QSP.UN)

Return Trends At Restaurant Brands International Limited Partnership (TSE:QSP.UN) Aren't Appealing

Apr 22
Return Trends At Restaurant Brands International Limited Partnership (TSE:QSP.UN) Aren't Appealing

Restaurant Brands International Limited Partnership's (TSE:QSP.UN) Share Price Not Quite Adding Up

Mar 04
Restaurant Brands International Limited Partnership's (TSE:QSP.UN) Share Price Not Quite Adding Up

Restaurant Brands International Limited Partnership (TSE:QSP.UN) Has More To Do To Multiply In Value Going Forward

Jan 15
Restaurant Brands International Limited Partnership (TSE:QSP.UN) Has More To Do To Multiply In Value Going Forward

With EPS Growth And More, Restaurant Brands International Limited Partnership (TSE:QSP.UN) Makes An Interesting Case

Dec 31
With EPS Growth And More, Restaurant Brands International Limited Partnership (TSE:QSP.UN) Makes An Interesting Case

Revenue & Expenses Breakdown

How Restaurant Brands International Limited Partnership makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:QSP.UN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 259,2641,2876980
30 Jun 259,1061,2037050
31 Mar 258,7761,3387080
31 Dec 248,4061,4426910
30 Sep 247,9301,8086820
30 Jun 247,4761,8156770
31 Mar 247,1711,7666630
31 Dec 237,0221,7156470
30 Sep 236,8911,3256260
30 Jun 236,7801,4915980
31 Mar 236,6441,4865830
31 Dec 226,5051,4795610
30 Sep 226,3621,4045550
30 Jun 226,1311,2035300
31 Mar 225,9301,2484940
31 Dec 215,7391,2494500
30 Sep 215,5511,1264290
30 Jun 215,3931,0214110
31 Mar 215,0037943930
31 Dec 204,9687483910
30 Sep 205,0898655880
30 Jun 205,2109938100
31 Mar 205,5621,0871,0260
31 Dec 195,6031,1093690
30 Sep 195,5091,1551,2070
30 Jun 195,4261,0541,1810
31 Mar 195,3691,1101,1670
31 Dec 185,3571,1431,1590
30 Sep 185,2061,6009550
30 Jun 185,0401,5297590
31 Mar 184,8291,3915590
31 Dec 174,5761,2113520
30 Sep 174,4536873530
30 Jun 174,3206783380
31 Mar 174,2286813190
31 Dec 164,1466833030
30 Sep 164,0915663060
30 Jun 164,0355103130
31 Mar 164,0373563090
31 Dec 154,0522373210
30 Sep 153,413-7513110
30 Jun 152,672-8892740
31 Mar 151,891-8392550
31 Dec 141,199-7602200

Quality Earnings: QSP.UN has high quality earnings.

Growing Profit Margin: QSP.UN's current net profit margins (13.9%) are lower than last year (22.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: QSP.UN's earnings have grown by 10.2% per year over the past 5 years.

Accelerating Growth: QSP.UN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: QSP.UN had negative earnings growth (-28.8%) over the past year, making it difficult to compare to the Hospitality industry average (0.3%).


Return on Equity

High ROE: Whilst QSP.UN's Return on Equity (24.94%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/07 07:38
End of Day Share Price 2025/12/03 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Restaurant Brands International Limited Partnership is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.