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Restaurant Brands International Valuation Multiples
Discover revenue and EBITDA valuation multiples for Restaurant Brands International and similar public comparables like Darden Restaurants, Restaurant Brands International LP, Yum China, Domino's Pizza and more.
Restaurant Brands International Overview
About Restaurant Brands International
Restaurant Brands generates about $44 billion in system sales across more than 32,000 restaurants in over 120 markets, making it one of the largest restaurant companies globally. Its banners include Burger King (7,082 stores), Tim Hortons (4,539), Popeyes (3,520), and Firehouse Subs (1,345), concentrated in the US and Canada, with these brands also comprising 15,639 franchised international locations as of year-end 2024. The firm primarily earns revenue from franchise and property fees, supply chain sales within the Tim Hortons segment, company-operated restaurants, and advertising royalties.
Founded
2014
HQ

Employees
53.5K
Website
Sectors
Financials (LTM)
EV
$39B
Restaurant Brands International Financials
Restaurant Brands International reported last 12-month revenue of $10B and EBITDA of $3B.
In the same LTM period, Restaurant Brands International generated $5B in gross profit, $3B in EBITDA, and $2B in net income.
Revenue (LTM)
Restaurant Brands International P&L
In the most recent fiscal year, Restaurant Brands International reported revenue of $9B and EBITDA of $3B.
Restaurant Brands International expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $10B | XXX | $9B | XXX | XXX | XXX |
| Gross Profit | $5B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 54% | XXX | 34% | XXX | XXX | XXX |
| EBITDA | $3B | XXX | $3B | XXX | XXX | XXX |
| EBITDA Margin | 32% | XXX | 31% | XXX | XXX | XXX |
| EBIT Margin | 28% | XXX | 27% | XXX | XXX | XXX |
| Net Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Net Margin | 18% | XXX | 18% | XXX | XXX | XXX |
| Net Debt | — | — | $12B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Restaurant Brands International Stock Performance
Restaurant Brands International has current market cap of $25B, and enterprise value of $39B.
Market Cap Evolution
Restaurant Brands International's stock price is $71.98.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $39B | $25B | 0.0% | XXX | XXX | XXX | $4.87 |
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Start Free TrialRestaurant Brands International Valuation Multiples
Restaurant Brands International trades at 4.1x EV/Revenue multiple, and 13.1x EV/EBITDA.
EV / Revenue (LTM)
Restaurant Brands International Financial Valuation Multiples
As of March 7, 2026, Restaurant Brands International has market cap of $25B and EV of $39B.
Equity research analysts estimate Restaurant Brands International's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Restaurant Brands International has a P/E ratio of 14.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $25B | XXX | $25B | XXX | XXX | XXX |
| EV (current) | $39B | XXX | $39B | XXX | XXX | XXX |
| EV/Revenue | 4.1x | XXX | 4.2x | XXX | XXX | XXX |
| EV/EBITDA | 13.1x | XXX | 13.3x | XXX | XXX | XXX |
| EV/EBIT | 15.0x | XXX | 15.2x | XXX | XXX | XXX |
| EV/Gross Profit | 7.7x | XXX | 12.3x | XXX | XXX | XXX |
| P/E | 14.5x | XXX | 14.8x | XXX | XXX | XXX |
| EV/FCF | 25.9x | XXX | 26.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Restaurant Brands International Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Restaurant Brands International Margins & Growth Rates
Restaurant Brands International's revenue in the last 12 month grew by 4%.
Restaurant Brands International's revenue per employee in the last FY averaged $0.2M.
Restaurant Brands International's rule of 40 is 36% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Restaurant Brands International's rule of X is 42% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Restaurant Brands International Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 5% | XXX | XXX | XXX |
| EBITDA Margin | 32% | XXX | 31% | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | 7% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 36% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 42% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 14% | XXX | — | XXX | XXX | XXX |
| G&A Expenses to Revenue | 8% | XXX | 7% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 7% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Restaurant Brands International Public Comps
See public comps and valuation multiples for other Restaurants & Nightlife comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Darden Restaurants | XXX | XXX | XXX | XXX | XXX | XXX |
| Restaurant Brands International LP | XXX | XXX | XXX | XXX | XXX | XXX |
| Yum China | XXX | XXX | XXX | XXX | XXX | XXX |
| Domino's Pizza | XXX | XXX | XXX | XXX | XXX | XXX |
| Haidilao | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Restaurant Brands International M&A Activity
Restaurant Brands International acquired XXX companies to date.
Last acquisition by Restaurant Brands International was on XXXXXXXX, XXXXX. Restaurant Brands International acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Restaurant Brands International
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialRestaurant Brands International Investment Activity
Restaurant Brands International invested in XXX companies to date.
Restaurant Brands International made its latest investment on XXXXXXXX, XXXXX. Restaurant Brands International invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Restaurant Brands International
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Restaurant Brands International
| When was Restaurant Brands International founded? | Restaurant Brands International was founded in 2014. |
| Where is Restaurant Brands International headquartered? | Restaurant Brands International is headquartered in United States. |
| How many employees does Restaurant Brands International have? | As of today, Restaurant Brands International has over 53K employees. |
| Who is the CEO of Restaurant Brands International? | Restaurant Brands International's CEO is Joshua Kobza. |
| Is Restaurant Brands International publicly listed? | Yes, Restaurant Brands International is a public company listed on NYSE. |
| What is the stock symbol of Restaurant Brands International? | Restaurant Brands International trades under QSR ticker. |
| When did Restaurant Brands International go public? | Restaurant Brands International went public in 2014. |
| Who are competitors of Restaurant Brands International? | Restaurant Brands International main competitors are Darden Restaurants, Restaurant Brands International LP, Yum China, Domino's Pizza. |
| What is the current market cap of Restaurant Brands International? | Restaurant Brands International's current market cap is $25B. |
| What is the current revenue of Restaurant Brands International? | Restaurant Brands International's last 12 months revenue is $10B. |
| What is the current revenue growth of Restaurant Brands International? | Restaurant Brands International revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Restaurant Brands International? | Current revenue multiple of Restaurant Brands International is 4.1x. |
| Is Restaurant Brands International profitable? | Yes, Restaurant Brands International is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Restaurant Brands International? | Restaurant Brands International's last 12 months EBITDA is $3B. |
| What is Restaurant Brands International's EBITDA margin? | Restaurant Brands International's last 12 months EBITDA margin is 32%. |
| What is the current EV/EBITDA multiple of Restaurant Brands International? | Current EBITDA multiple of Restaurant Brands International is 13.1x. |
| What is the current FCF of Restaurant Brands International? | Restaurant Brands International's last 12 months FCF is $2B. |
| What is Restaurant Brands International's FCF margin? | Restaurant Brands International's last 12 months FCF margin is 16%. |
| What is the current EV/FCF multiple of Restaurant Brands International? | Current FCF multiple of Restaurant Brands International is 25.9x. |
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