Restaurant Brands International continues to outperform McDonald's in earnings growth and market share gains. MCD maintains a significant valuation premium—over 25% on FCF and 17% on forward PE—despite QSR's superior business momentum. QSR posted 8.5% US same-store sales growth versus MCD's 0.8%, reaffirming its 8% adjusted earnings growth target for 2026.
Restaurant Brands International is upgraded to Buy, driven by Burger King's accelerating market share and resilient comps amid a weak sector. QSR's diversified global brand portfolio and international growth, with overseas system-wide sales exceeding 10%, provide robust long-term expansion opportunities. Despite sector headwinds, QSR delivers margin expansion and 14% pro forma EPS growth, with adjusted EBITDA margins rising to 32.1%.
"Today we are clearly not performing at our potential," Wendy's CEO admitted in a statement.
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | Joshua Kobza CEO | XDUS Exchange | CA76131D1033 ISIN |
| US Country | 53,500 Employees | 18 Sep 2026 Last Dividend | - Last Split | - IPO Date |
Restaurant Brands International Inc. stands as a prominent figure in the quick-service restaurant industry, with operations spanning across Canada, the United States, and other international locations. The company's business is structured into four main segments, each representing a unique brand in the fast-food world: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). Founded in 1954, the company holds its headquarters in Toronto, Canada, and has built its reputation through a combination of franchising and owning various restaurant outlets under its brand umbrella.
Restaurant Brands International Inc. offers a diverse array of dining choices through its four main restaurant brands, each with a distinct menu and dining experience: