Restaurant Brands International Limited Partnership (RSTRF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Restaurant Brands International Limited Partnership (RSTRF) trades at $74.62. Restaurant Brands International Limited Partnership operates and franchises quick service restaurants globally. Market cap: $26.77B, Sector: Consumer cyclical.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for RSTRF: RSTRF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates RSTRF against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
RSTRF: 1/1 perspectives are bearish.
How is this calculated? →Restaurant Brands International Limited Partnership (RSTRF) Consumer Business Overview
Restaurant Brands International Limited Partnership (RSTRF) is a global quick-service restaurant powerhouse, franchising and operating iconic brands like Tim Hortons, Burger King, Popeyes, and Firehouse Subs. With a significant international presence, RSTRF navigates the competitive consumer cyclical sector by focusing on brand management and franchisee support.
What Is the Investment Thesis for RSTRF?
Restaurant Brands International Limited Partnership presents a compelling investment case based on its diverse portfolio of established quick-service restaurant brands and global reach. With a market capitalization of $26.77B and a dividend yield of 3.29%, RSTRF offers a blend of value and income potential. Key value drivers include continued same-store sales growth across its brands, expansion into new international markets, and efficient cost management. The company's focus on franchising provides a relatively capital-light business model, generating consistent royalty revenue. Upcoming catalysts include menu innovation and digital initiatives aimed at enhancing customer experience and driving sales. Potential risks include changing consumer preferences, increased competition in the quick-service restaurant sector, and macroeconomic factors impacting consumer spending. The company's P/E ratio of 26.7 reflects investor expectations for future growth.
Based on FMP financials and quantitative analysis
RSTRF Key Highlights
- Market Cap of $26.77B indicates a substantial and established player in the quick-service restaurant industry.
- P/E Ratio of 26.7 suggests investors are willing to pay a premium for each dollar of earnings, reflecting expectations of future growth.
- Dividend Yield of 3.29% provides a steady income stream for investors, making it a noteworthy option for income-seeking portfolios.
- Gross Margin of 41.1% demonstrates the company's ability to efficiently manage its cost of goods sold.
- Beta of 0.35 indicates that the stock is significantly less volatile than the overall market, offering stability during market fluctuations.
Who Are RSTRF's Competitors?
RSTRF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CJEWY Chow Tai Fook Jewellery Group Limited | $13.61 | +1.57% | $13.43B | 48 |
| GELYF Geely Automobile Holdings Limited | $2.40 | +8.68% | $26.04B | 55 |
| GWLLF Great Wall Motor Company Limited | $1.17 | +1.74% | $14.11B | 43 |
| GXYEF Galaxy Entertainment Group Limited | $4.06 | +4.18% | $17.77B | 46 |
| GXYYY Galaxy Entertainment Group Limited | $19.39 | +2.37% | $16.98B | 48 |
| SGLOF Food & Life Companies Ltd. | $8.91 | +0.00% | $2.02B | 64 |
| ATGSY Autogrill S.p.A. | $6.55 | +0.00% | $2.50B | 58 |
| VENU VENU | $2.40 | +9.86% | $102.39M | 58 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are RSTRF's Key Strengths?
- Strong brand recognition and customer loyalty
- Global scale and established franchise network
- Diverse portfolio of restaurant brands
- Experienced management team
What Are RSTRF's Weaknesses?
- High debt levels
- Dependence on franchisee performance
- Exposure to commodity price fluctuations
- Vulnerability to changing consumer preferences
What Could Drive RSTRF Stock Higher?
- Menu innovation and new product launches across all brands to attract customers.
- Digital initiatives to enhance customer experience and drive online sales.
- Expansion into new international markets, particularly in Asia and Latin America.
- Franchise optimization and support programs to improve franchisee profitability.
- Cost-saving initiatives to improve operational efficiency and profitability.
What Are the Key Risks for RSTRF?
- Financial-distress signal — its Altman Z-Score of 1.68 sits in the distress zone (elevated bankruptcy risk).
- Economic downturns and reduced consumer spending could negatively impact sales.
- Changing consumer preferences and health concerns could lead to decreased demand for certain menu items.
- Intense competition in the QSR industry could put pressure on pricing and market share.
- Commodity price fluctuations could increase food costs and reduce profitability.
- Regulatory changes and increased labor costs could impact operating expenses.
What Are the Growth Opportunities for RSTRF?
- Expansion into Emerging Markets: Restaurant Brands International Limited Partnership has significant growth potential in emerging markets, particularly in Asia and Latin America. These regions offer favorable demographics, rising disposable incomes, and a growing appetite for Western-style fast food. By strategically expanding its presence in these markets through franchising and targeted marketing campaigns, RSTRF can tap into new customer bases and drive revenue growth. The global fast-food market is projected to reach $931.7 billion by 2027, providing ample opportunity for RSTRF to increase its market share.
- Digital Transformation and E-commerce: Investing in digital technologies and enhancing its e-commerce capabilities represents a significant growth opportunity for Restaurant Brands International Limited Partnership. By leveraging mobile ordering, loyalty programs, and data analytics, RSTRF can improve customer engagement, personalize marketing efforts, and streamline operations. The increasing adoption of online food delivery services further underscores the importance of digital channels in the QSR industry. Ongoing investments in these areas are expected to drive sales growth and improve customer retention.
- Menu Innovation and Product Development: Continuously innovating its menu offerings and introducing new products is crucial for Restaurant Brands International Limited Partnership to maintain its competitive edge and attract new customers. By focusing on healthier options, plant-based alternatives, and limited-time offers, RSTRF can cater to evolving consumer preferences and generate excitement around its brands. Ongoing research and development efforts, coupled with effective marketing campaigns, are essential for driving menu innovation and sustaining long-term growth.
- Franchise Optimization and Support: Strengthening its relationships with franchisees and providing comprehensive support is vital for Restaurant Brands International Limited Partnership to ensure consistent brand standards and drive operational efficiency. By offering training programs, marketing resources, and technology solutions, RSTRF can empower its franchisees to deliver exceptional customer experiences and maximize profitability. A well-supported franchise network is a key competitive advantage in the QSR industry, fostering brand loyalty and driving sustainable growth.
- Brand Repositioning and Marketing: Restaurant Brands International Limited Partnership can unlock further growth by strategically repositioning its brands and implementing targeted marketing campaigns. By focusing on brand differentiation, highlighting unique selling propositions, and leveraging social media channels, RSTRF can enhance brand awareness and attract new customer segments. Ongoing investments in marketing and advertising are essential for maintaining brand relevance and driving sales growth in the competitive QSR landscape.
What Opportunities Does RSTRF Have?
- Expansion into emerging markets
- Digital transformation and e-commerce growth
- Menu innovation and product development
- Strategic acquisitions and partnerships
What Threats Does RSTRF Face?
- Intense competition in the QSR industry
- Economic downturns and reduced consumer spending
- Changing consumer preferences and health concerns
- Regulatory changes and increased labor costs
What Are RSTRF's Competitive Advantages?
- Brand Recognition: RSTRF's brands, including Tim Hortons, Burger King, Popeyes, and Firehouse Subs, enjoy strong brand recognition and customer loyalty.
- Global Scale: RSTRF's global scale provides it with significant purchasing power and operational efficiencies.
- Franchise Model: RSTRF's franchise model provides a relatively capital-light business model and generates consistent royalty revenue.
- Established Network: RSTRF has an established network of franchisees and suppliers, providing a competitive advantage.
What Does RSTRF Do?
Restaurant Brands International Limited Partnership (RSTRF) traces its roots back to 1954 with the founding of Burger King. Over the decades, Burger King expanded its menu and global footprint, becoming a household name in fast food. In 2014, Burger King merged with Tim Hortons, a leading Canadian coffee and baked goods chain founded in 1964, to form Restaurant Brands International. This strategic merger diversified the company's portfolio and expanded its reach into the breakfast and coffee segments. Subsequently, RBI acquired Popeyes Louisiana Kitchen in 2017, adding a popular fried chicken brand to its roster. Most recently, in 2021, RBI acquired Firehouse Subs, further diversifying its offerings into the sub sandwich market. Today, Restaurant Brands International operates as a limited partnership and franchises quick-service restaurants across the globe. The company's four primary brands – Tim Hortons, Burger King, Popeyes, and Firehouse Subs – each cater to distinct consumer preferences and market segments. As of December 31, 2021, RSTRF boasted a network of 5,291 Tim Hortons, 19,247 Burger King, 3,705 Popeyes, and 1,213 Firehouse Subs restaurants worldwide. The company is headquartered in Toronto, Canada, and operates as a subsidiary of Restaurant Brands International Inc.
What Products and Services Does RSTRF Offer?
- Operates and franchises Tim Hortons coffee and baked goods restaurants.
- Operates and franchises Burger King hamburger restaurants.
- Operates and franchises Popeyes Louisiana Kitchen fried chicken restaurants.
- Operates and franchises Firehouse Subs sandwich restaurants.
- Offers a variety of food and beverage products through its restaurant chains.
- Manages a global network of franchisees.
- Focuses on brand management and marketing to drive sales.
- Continuously innovates its menu offerings to cater to changing consumer preferences.
How Does RSTRF Make Money?
- Franchising: RSTRF primarily generates revenue through franchising its restaurant brands to independent operators.
- Royalties: Franchisees pay royalties to RSTRF based on a percentage of their sales.
- Company-Owned Restaurants: RSTRF also operates a portion of its restaurants directly, generating revenue from food and beverage sales.
- Supply Chain Management: RSTRF manages the supply chain for its franchisees, ensuring consistent product quality and sourcing.
What Industry Does RSTRF Operate In?
Restaurant Brands International Limited Partnership operates within the highly competitive quick-service restaurant (QSR) industry. This sector is characterized by evolving consumer preferences, intense competition, and the increasing importance of digital channels. The global QSR market is experiencing steady growth, driven by factors such as urbanization, rising disposable incomes, and changing lifestyles. Key competitors include companies like CJEWY, GELYF, GWLLF, GXYEF, and GXYYY, each vying for market share through menu innovation, pricing strategies, and brand differentiation. RSTRF's success hinges on its ability to adapt to these trends, maintain brand relevance, and effectively manage its franchise network.
Who Are RSTRF's Key Customers?
- General Consumers: RSTRF's primary customer base consists of general consumers seeking quick and affordable meal options.
- Families: RSTRF's restaurants are popular among families due to their convenient locations and diverse menu offerings.
- Students: RSTRF's restaurants are frequented by students seeking affordable and convenient meals.
- Business Professionals: RSTRF's restaurants cater to business professionals seeking quick and convenient lunch and breakfast options.
Net buyingInsider Activity
Over the past six months, Restaurant Brands International Limited Partnership insiders filed 14 SEC Form 4 transactions — 0 sales and 14 purchases. On net that is roughly 17K shares acquired (about $1000K) — insiders putting money in tends to read as conviction.
Quarterly Financial Performance: Restaurant Brands International Limited Partnership
Revenue for Restaurant Brands International Limited Partnership came in at $2.26B during Q1 2026, a 8.2% contraction versus the preceding quarter. The company recorded net income of $338.0M, with diluted EPS of $0.74. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Consumer Cyclical. Across the four most recent quarters, RSTRF averaged $0.52 in diluted EPS.
RSTRF Valuation & Market Position
With a $26.77B market cap, Restaurant Brands International Limited Partnership sits in the large-cap segment of the market.
ROE 27%Key Financial Metrics
Return on equity for Restaurant Brands International Limited Partnership stands at 27.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.8%, showing how much profit it generates from its asset base. RSTRF trades at a trailing price-to-earnings ratio of 26.68, below the Consumer Cyclical sector average of ~39x. Its free cash flow yield is 5.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.99 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 3.7%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 7/9Financial Health
Restaurant Brands International Limited Partnership's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 1.68 places it in the distress zone, a signal of elevated financial risk.
Company Profile
Restaurant Brands International Limited Partnership operates in the Restaurants industry within the Consumer Cyclical sector. It is headquartered in Toronto, CA. The company is led by CEO Joshua Kobza. RSTRF has traded publicly since 2016.
RSTRF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's growth potential, indicating that executives believe in a positive future.
- Community sentiment has shifted positively, with many discussions highlighting new menu innovations and successful marketing campaigns.
- Analysts are noting the brand's strong adaptability in a competitive market, particularly in digital ordering and delivery services.
- The company's efforts in sustainability and community engagement are resonating well with consumers, enhancing brand loyalty.
Bear Case
- Concerns over rising operational costs are prevalent, with many investors worried about the impact on profit margins in the near term.
- Social sentiment shows some skepticism regarding the effectiveness of recent menu changes, with mixed reviews from customers.
- There is chatter about increased competition in the fast-food sector, which could pressure market share and growth.
- Recent supply chain disruptions have raised doubts about the company's ability to maintain consistent product availability and service quality.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $2.26B | $338M | $0.74 |
| Q4 2025 | $2.47B | $113M | $0.25 |
| Q3 2025 | $2.45B | $315M | $0.69 |
| Q2 2025 | $2.41B | $189M | $0.41 |
Based on FMP financials and quantitative analysis
RSTRF Latest News
No recent news available for RSTRF.
RSTRF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for RSTRF.
Price Targets
Wall Street price target analysis for RSTRF.
RSTRF MoonshotScore
What does this score mean?
The MoonshotScore rates RSTRF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Joshua Kobza
CEO
Joshua Kobza serves as the CEO of Restaurant Brands International. His career within the company spans several years, during which he has held various leadership positions. His experience includes roles in finance, strategy, and operations, providing him with a comprehensive understanding of the company's business model and strategic priorities. Prior to becoming CEO, Kobza served as the Chief Operating Officer, overseeing the company's global operations and driving performance across its portfolio of brands. He has been instrumental in shaping the company's growth strategy and fostering a culture of innovation and operational excellence.
Track Record: Under Joshua Kobza's leadership, Restaurant Brands International has focused on accelerating digital transformation, enhancing the customer experience, and driving sustainable growth. He has overseen the implementation of new technologies and initiatives aimed at improving operational efficiency and enhancing franchisee profitability. Kobza has also played a key role in expanding the company's presence in key international markets and strengthening its relationships with franchisees. His strategic decisions have contributed to the company's continued success and market leadership.
RSTRF OTC Market Information
The OTC Other tier, where RSTRF trades, represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited financial disclosure and may not meet the listing requirements of major exchanges like the NYSE or NASDAQ. This tier typically includes companies that are thinly traded, distressed, or have regulatory issues. Investing in companies on the OTC Other tier carries significant risks due to the lack of transparency and regulatory oversight compared to listed companies. Investors should exercise extreme caution and conduct thorough due diligence before investing in OTC Other stocks.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Financial Disclosure: Lack of readily available and audited financial statements increases investment risk.
- Low Liquidity: Thin trading volume can lead to difficulty in buying or selling shares without significantly impacting the price.
- Regulatory Scrutiny: OTC-listed companies are subject to less regulatory oversight than exchange-listed companies.
- Price Volatility: OTC stocks can experience significant price swings due to limited trading activity and information availability.
- Potential for Fraud: The OTC market has a higher risk of fraudulent activity due to less stringent listing requirements.
- Verify the company's financial statements and audit reports.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's regulatory compliance and legal standing.
- Determine the liquidity of the stock and potential trading costs.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before making any investment decisions.
- Established Brand Names: The company owns well-known brands like Tim Hortons, Burger King, Popeyes, and Firehouse Subs.
- Global Presence: The company operates restaurants in numerous countries around the world.
- Franchise Model: The company's franchise model provides a relatively stable and predictable revenue stream.
- Long Operating History: The company has a long operating history, dating back to the founding of Burger King in 1954.
- Subsidiary Status: Restaurant Brands International Limited Partnership is a subsidiary of Restaurant Brands International Inc.
Restaurant Brands International Limited Partnership Consumer Cyclical Stock: Key Questions Answered
What does Restaurant Brands International Limited Partnership do?
Restaurant Brands International Limited Partnership (RSTRF) operates as a global quick-service restaurant franchisor. It manages and franchises some of the world's most recognizable brands, including Tim Hortons, Burger King, Popeyes, and Firehouse Subs. The company's business model revolves around franchising these brands to independent operators, who then manage the day-to-day operations of the restaurants. RSTRF generates revenue primarily through royalty fees collected from its franchisees, as well as from sales at company-owned restaurants. The company focuses on brand management, menu innovation, and operational support to drive growth and profitability for its franchisees and shareholders.
What are the main risks for RSTRF?
Restaurant Brands International Limited Partnership (RSTRF) faces several key risks inherent to the quick-service restaurant (QSR) industry. These include changing consumer preferences, which can impact demand for its menu items, and intense competition from other QSR chains. Economic downturns and reduced consumer spending can also negatively affect sales. Additionally, RSTRF is exposed to commodity price fluctuations, which can increase food costs and reduce profitability. Regulatory changes and increased labor costs also pose potential risks. The company's high debt levels and dependence on franchisee performance further add to its risk profile. Investors should carefully consider these risks before investing in RSTRF.
What are the key factors to evaluate for RSTRF?
Evaluate RSTRF on fundamentals, analyst consensus, and risk factors. P/E: 26.7x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does RSTRF data refresh on this page?
RSTRF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven RSTRF's recent stock price performance?
Restaurant Brands International Limited Partnership (RSTRF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand recognition and customer loyalty. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider RSTRF overvalued or undervalued right now?
Restaurant Brands International Limited Partnership (RSTRF) trades at 26.7x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying RSTRF?
Before investing in Restaurant Brands International Limited Partnership (RSTRF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding RSTRF to a portfolio?
Key strength of Restaurant Brands International Limited Partnership (RSTRF): Strong brand recognition and customer loyalty. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC data may be less reliable than exchange-listed data.
- AI analysis is pending and may provide further insights.