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Restaurant Brands International Inc.

QSR · Retail-Eating Places · 316.4M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $306M (gross $500M, SBC $194M)

Reference price $73.48 · est. market cap ~$23.2B — last insider sale, 2026-03-20 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

B78

Same dominant QSR franchise as the operating partnership, but the public parent carries materially higher leverage.

Strengths

Risks

Notable findings

Quarterly revenue

2025-06-30 · $2.4B2025-09-30 · $2.4B2025-12-31 · $2.5B2026-03-31 · $2.3B

Last 4 quarters · from SEC filings.

Key metrics

Operating margin
23.3%
Net margin
11.4%
Return on equity
29.6%
Return on assets
4.2%
ROIC
10.3%
Revenue growth (QoQ)
-8.2%
Net-income growth
-25.6%
Debt / equity
3.6×
Current ratio
1.0×
Free cash flow
$1.4B
EBITDA
$2.5B
Tangible book value
-$13.9B
Stock comp / revenue
1.6%

Insider transactions · last 18 months

DateInsiderTypeSharesPrice
2026-03-20Housman JeffreySell20K$73.48
2026-03-20Housman JeffreyOption exercise20K$55.55
2026-03-18Kobza JoshuaSell200K$75.05
2026-03-18Granat JillOption exercise25K$56.92
2026-03-18Kobza JoshuaOption exercise200K$56.92
2026-03-18Granat JillSell25K$75.09
2026-03-17SANTELMO THIAGO TSell10K$75.41
2026-03-17Siddiqui Sami A.Option exercise40K$55.55
2026-03-17Siddiqui Sami A.Sell40K$75.28
2026-03-17SANTELMO THIAGO TOption exercise10K$55.55
2026-03-16Granat JillSell25K$74.76
2026-03-16Granat JillOption exercise25K$56.92
2026-03-16Siddiqui Sami A.Option exercise40K$55.55
2026-03-16Friesner JacquelineSell30K$74.61
2026-03-16Siddiqui Sami A.Sell40K$74.51
2026-02-25Fulton DuncanGrant1.5K$68.78
2026-02-25PERDUE PETERGrant721$68.81
2026-02-25SANTELMO THIAGO TGrant4.6K$68.81
2026-02-25SANTELMO THIAGO TGrant4.5K$68.81
2026-02-25Housman JeffreyGrant2.1K$68.81
2026-02-25Siddiqui Sami A.Grant3.8K$68.81
2026-02-25CURTIS THOMAS BENJAMINGrant2.1K$68.81
2026-02-25Schwan AxelGrant2.5K$68.81
2026-02-25Kobza JoshuaGrant8.1K$68.81
2026-02-25Friesner JacquelineGrant1.5K$68.81
2026-02-25Granat JillGrant2.7K$68.81
2026-02-25Granat JillGrant3.7K$68.81
2026-02-23Housman JeffreySell7.7K$67.51
2026-02-23CURTIS THOMAS BENJAMINSell15K$67.51
2026-02-23Fulton DuncanSell10K$67.51
2026-02-23Schwan AxelSell35K$67.51
2026-02-23SANTELMO THIAGO TSell5.7K$67.51
2026-02-23Friesner JacquelineSell4.6K$67.51
2026-02-23Siddiqui Sami A.Sell13K$67.51
2026-02-23Granat JillSell12K$67.51
2026-02-23PERDUE PETERSell3.9K$67.51
2026-02-22CURTIS THOMAS BENJAMINOption exercise39K
2026-02-22Fulton DuncanOption exercise19K
2026-02-22Housman JeffreyOption exercise20K
2026-02-22PERDUE PETEROption exercise9.8K
2026-02-22Siddiqui Sami A.Option exercise33K
2026-02-22SANTELMO THIAGO TOption exercise16K
2026-02-22Schwan AxelOption exercise65K
2026-02-22Friesner JacquelineOption exercise12K
2026-02-22Granat JillOption exercise29K
2026-01-07Siddiqui Sami A.Sell977$67.44
2026-01-07PERDUE PETERSell396$67.44
2026-01-07SANTELMO THIAGO TSell699$67.44
2026-01-07Fulton DuncanSell1.8K$67.48
2026-01-07Housman JeffreySell1.5K$67.44
2026-01-07CURTIS THOMAS BENJAMINSell1.2K$67.44
2026-01-07Schwan AxelSell2.2K$67.44
2026-01-07Kobza JoshuaSell3.4K$67.44
2026-01-07Friesner JacquelineSell816$67.44
2026-01-07Granat JillSell1.9K$67.44
2026-01-06Schwan AxelGrant37
2026-01-06Friesner JacquelineGrant19
2026-01-06PERDUE PETERGrant8
2026-01-06Granat JillGrant45
2026-01-06SANTELMO THIAGO TGrant17
2026-01-06Fulton DuncanGrant30
2026-01-06CURTIS THOMAS BENJAMINGrant24
2026-01-06Housman JeffreyGrant31
2026-01-06Kobza JoshuaGrant81
2026-01-06Siddiqui Sami A.Grant23
2025-12-31Lemann MarcGrant1.5K
2025-12-31Siddiqui Sami A.Option exercise2.5K
2025-12-31Melbourne JasonGrant2.3K
2025-12-31de Limburg Stirum MaximilienGrant2.0K
2025-12-31CURTIS THOMAS BENJAMINOption exercise2.6K
2025-12-31Hedayat AliGrant2.9K
2025-12-31Schwan AxelOption exercise4.0K
2025-12-31Kobza JoshuaOption exercise8.7K
2025-12-31Friesner JacquelineOption exercise2.1K
2025-12-31Housman JeffreyOption exercise3.4K
2025-12-31Schwartz Daniel SGrant1.5K
2025-12-31Behring AlexandreGrant2.0K
2025-12-31PERDUE PETEROption exercise878
2025-12-31SANTELMO THIAGO TOption exercise1.9K
2025-12-31FRIBOURG JORDANAGrant1.5K
2025-12-31FARJALLAT CRISTINAGrant1.7K
2025-12-31Fulton DuncanOption exercise3.2K
2025-12-31Granat JillOption exercise4.9K
2025-12-31SWEENEY THECLAGrant1.7K
2025-12-17CURTIS THOMAS BENJAMINSell4.2K$70.48
2025-12-16Granat JillGift5.3K
2025-12-15Fulton DuncanSell862$70.89
2025-12-15PERDUE PETEROption exercise494
2025-12-15PERDUE PETERSell194$70.87
2025-12-15PERDUE PETEROption exercise1.1K
2025-12-15PERDUE PETERSell422$70.87
2025-12-15PERDUE PETEROption exercise739
2025-12-15PERDUE PETERSell291$70.87
2025-12-15SANTELMO THIAGO TOption exercise2.2K
2025-12-15SANTELMO THIAGO TSell786$70.87
2025-12-15SANTELMO THIAGO TOption exercise1.5K
2025-12-15SANTELMO THIAGO TSell545$70.87
2025-12-15SANTELMO THIAGO TOption exercise1.8K
2025-12-15SANTELMO THIAGO TSell665$70.87
2025-12-15Fulton DuncanOption exercise2.4K
2025-12-15Fulton DuncanSell1.3K$70.89
2025-12-15Fulton DuncanOption exercise2.6K
2025-12-15Fulton DuncanSell1.4K$70.89
2025-12-15Fulton DuncanOption exercise1.6K
2025-12-15Housman JeffreyOption exercise2.6K
2025-12-15Housman JeffreyOption exercise2.6K
2025-12-15Housman JeffreyOption exercise1.9K
2025-12-15Housman JeffreySell2.8K$70.87
2025-12-15Housman JeffreySell3.1K$70.87
2025-12-15Siddiqui Sami A.Option exercise2.4K
2025-12-15Siddiqui Sami A.Option exercise3.7K
2025-12-15Siddiqui Sami A.Option exercise2.6K
2025-12-15Siddiqui Sami A.Sell3.2K$70.87
2025-12-15Siddiqui Sami A.Sell5.5K$70.87
2025-12-15Siddiqui Sami A.Sell2.2K$70.88
2025-12-15CURTIS THOMAS BENJAMINOption exercise2.5K
2025-12-15CURTIS THOMAS BENJAMINSell979$70.87
2025-12-15CURTIS THOMAS BENJAMINOption exercise3.9K
2025-12-15CURTIS THOMAS BENJAMINSell1.5K$70.87
2025-12-15CURTIS THOMAS BENJAMINOption exercise2.4K
2025-12-15CURTIS THOMAS BENJAMINSell949$70.87
2025-12-15Schwan AxelOption exercise4.3K
2025-12-15Schwan AxelSell2.3K$70.87
2025-12-15Schwan AxelOption exercise3.5K
2025-12-15Schwan AxelSell1.9K$70.87
2025-12-15Schwan AxelOption exercise3.1K
2025-12-15Schwan AxelSell1.7K$70.87
2025-12-15Kobza JoshuaOption exercise7.1K
2025-12-15Kobza JoshuaOption exercise8.1K
2025-12-15Kobza JoshuaOption exercise5.0K
2025-12-15Kobza JoshuaSell7.9K$70.87
2025-12-15Kobza JoshuaSell12K$70.87
2025-12-15Kobza JoshuaSell5.2K$71.04
2025-12-15Kobza JoshuaGift14K
2025-12-15Friesner JacquelineOption exercise1.9K
2025-12-15Friesner JacquelineSell751$70.87
2025-12-15Friesner JacquelineOption exercise1.8K
2025-12-15Friesner JacquelineSell689$70.87
2025-12-15Friesner JacquelineOption exercise1.1K
2025-12-15Friesner JacquelineSell446$70.87
2025-12-15Granat JillOption exercise3.9K
2025-12-15Granat JillOption exercise3.9K
2025-12-15Granat JillOption exercise2.5K
2025-12-15Granat JillSell4.1K$70.87
2025-12-15Granat JillSell1.3K$70.87
2025-12-033G Restaurant Brands Holdings General Partner Ltd.Other17.6M
2025-11-26Hedayat AliSell4.7K$72.83
2025-11-26Hedayat AliSell2.3K$72.65
2025-11-21DOYLE J PATRICKSell15K$68.89
2025-11-21DOYLE J PATRICKSell12K$69.84
2025-11-21DOYLE J PATRICKSell16K$70.65
2025-11-21DOYLE J PATRICKOption exercise110K
2025-11-133G Restaurant Brands Holdings General Partner Ltd.Conversion17.6M
2025-05-23Friesner JacquelineOption exercise20K$55.55
2025-05-23Friesner JacquelineOption exercise50K$33.67
2025-05-23Friesner JacquelineSell70K$70.08
2025-03-19Siddiqui Sami A.Gift82K
2025-03-19Siddiqui Sami A.Sell12K$68.12
2025-03-19CURTIS THOMAS BENJAMINSell23K$68.38
2025-03-19Siddiqui Sami A.Gift82K
2025-03-11Siddiqui Sami A.Sell9.9K$68.00
2025-03-10Siddiqui Sami A.Sell2.6K$70.15
2025-02-28SANTELMO THIAGO TGrant2.1K$65.19
2025-02-28Friesner JacquelineGrant1.3K$65.19
2025-02-28Granat JillGrant2.6K$65.19
2025-02-28Siddiqui Sami A.Grant2.7K$65.19
2025-02-28CURTIS THOMAS BENJAMINGrant2.5K$65.19
2025-02-28KLEIN JEFFREY WGrant1.9K$65.19
2025-02-28SCHWAN AXEL MRGrant2.7K$65.19
2025-02-28Fulton DuncanGrant1.4K$65.26
2025-02-28Housman JeffreyGrant1.9K$65.19
2025-02-28Kobza JoshuaGrant5.2K$65.19
2025-02-27Fulton DuncanSell28K$64.66
2025-02-25Housman JeffreySell15K$64.38
2025-02-25Siddiqui Sami A.Option exercise59K
2025-02-25Siddiqui Sami A.Sell23K$64.38
2025-02-25SANTELMO THIAGO TOption exercise30K
2025-02-25SANTELMO THIAGO TSell11K$64.38
2025-02-25Friesner JacquelineOption exercise22K
2025-02-25Friesner JacquelineSell8.7K$64.38
2025-02-25Kobza JoshuaOption exercise185K
2025-02-25Kobza JoshuaSell73K$64.38
2025-02-25KLEIN JEFFREY WOption exercise15K
2025-02-25KLEIN JEFFREY WSell5.9K$64.38
2025-02-25Fulton DuncanOption exercise37K
2025-02-25Fulton DuncanSell20K$64.30
2025-02-25CURTIS THOMAS BENJAMINOption exercise59K
2025-02-25CURTIS THOMAS BENJAMINSell23K$64.38
2025-02-25SCHWAN AXEL MROption exercise59K
2025-02-25SCHWAN AXEL MRSell32K$64.38
2025-02-25Granat JillOption exercise52K
2025-02-25Housman JeffreyOption exercise37K
2025-02-25Granat JillSell20K$64.38
2025-02-21Siddiqui Sami A.Option exercise24K
2025-02-21Fulton DuncanOption exercise30K
2025-02-21Fulton DuncanSell16K$62.48
2025-02-21SANTELMO THIAGO TOption exercise9.0K
2025-02-21SANTELMO THIAGO TSell3.4K$62.35
2025-02-21Kobza JoshuaOption exercise239K
2025-02-21Kobza JoshuaSell94K$62.35
2025-02-21SCHWAN AXEL MROption exercise48K
2025-02-21SCHWAN AXEL MRSell26K$62.35
2025-02-21Housman JeffreyOption exercise24K
2025-02-21Housman JeffreySell9.4K$62.35
2025-02-21Granat JillOption exercise30K
2025-02-21Granat JillSell12K$62.35
2025-02-21Friesner JacquelineOption exercise12K
2025-02-21Friesner JacquelineSell4.7K$62.35
2025-02-21Siddiqui Sami A.Option exercise23K
2025-02-21Siddiqui Sami A.Sell18K$62.35
2025-01-06SANTELMO THIAGO TSell3.5K$64.20
2025-01-06SCHWAN AXEL MRSell5.0K$64.20
2025-01-06Granat JillSell6.7K$64.20
2025-01-06KLEIN JEFFREY WSell1.7K$64.20
2025-01-06Housman JeffreySell5.9K$64.20
2025-01-06Friesner JacquelineSell4.9K$64.20
2025-01-06Siddiqui Sami A.Sell5.6K$64.20
2025-01-06Kobza JoshuaSell12K$64.20
2025-01-06Fulton DuncanSell4.4K$69.70
2025-01-06CURTIS THOMAS BENJAMINSell2.8K$64.20
2025-01-03Fulton DuncanGrant72
2025-01-03SCHWAN AXEL MRGrant82
2025-01-03Siddiqui Sami A.Grant122
2025-01-03Granat JillGrant146
2025-01-03SANTELMO THIAGO TGrant79
2025-01-03KLEIN JEFFREY WGrant32
2025-01-03Kobza JoshuaGrant275
2025-01-03Housman JeffreyGrant128
2025-01-03CURTIS THOMAS BENJAMINGrant60
2025-01-03Friesner JacquelineGrant105
2024-12-31Behring AlexandreGrant2.2K
2024-12-31Siddiqui Sami A.Option exercise8.5K
2024-12-31Siddiqui Sami A.Option exercise2.9K
2024-12-31Siddiqui Sami A.Option exercise2.4K
2024-12-31FRIBOURG JORDANAGrant1.6K
2024-12-31KLEIN JEFFREY WOption exercise3.6K
2024-12-31Schwartz Daniel SGrant1.5K
2024-12-31Kobza JoshuaOption exercise17K
2024-12-31Kobza JoshuaOption exercise5.6K
2024-12-31Kobza JoshuaOption exercise8.4K
2024-12-31Fulton DuncanOption exercise3.1K
2024-12-31Fulton DuncanOption exercise1.9K
2024-12-31Fulton DuncanOption exercise3.1K
2024-12-31Housman JeffreyOption exercise2.9K
2024-12-31Housman JeffreyOption exercise7.1K
2024-12-31Housman JeffreyOption exercise1.2K
2024-12-31Housman JeffreyOption exercise3.3K
2024-12-31SCHWAN AXEL MROption exercise3.2K
2024-12-31SCHWAN AXEL MROption exercise2.2K
2024-12-31SCHWAN AXEL MROption exercise3.8K
2024-12-31Granat JillOption exercise8.8K
2024-12-31Granat JillOption exercise3.0K
2024-12-31Granat JillOption exercise4.7K
2024-12-31Friesner JacquelineOption exercise4.3K
2024-12-31Friesner JacquelineOption exercise4.3K
2024-12-31Friesner JacquelineOption exercise1.3K
2024-12-31Friesner JacquelineOption exercise2.0K
2024-12-31SWEENEY THECLAGrant1.8K
2024-12-31de Limburg Stirum MaximilienGrant2.2K
2024-12-31FARJALLAT CRISTINAGrant1.8K
2024-12-31CURTIS THOMAS BENJAMINOption exercise4.2K
2024-12-31CURTIS THOMAS BENJAMINOption exercise2.5K
2024-12-31Hedayat AliGrant3.1K
2024-12-31Melbourne JasonGrant2.5K
2024-12-31SANTELMO THIAGO TOption exercise687
2024-12-31SANTELMO THIAGO TOption exercise794
2024-12-31SANTELMO THIAGO TOption exercise5.7K
2024-12-31SANTELMO THIAGO TOption exercise1.8K
2024-12-31Lemann MarcGrant1.5K

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

DateItems
2026-06-03Shareholder voteExhibitsfiling ↗
2026-05-06ResultsExhibitsfiling ↗
2026-02-12ResultsExhibitsfiling ↗
2025-11-14Material agreementReg FDExhibitsfiling ↗
2025-11-10ImpairmentReg FDOtherExhibitsfiling ↗
2025-10-30ResultsExhibitsfiling ↗
2025-08-07ResultsExhibitsfiling ↗
2025-06-03Shareholder voteExhibitsfiling ↗

Recent filings

FormFiledPeriodAccession
8-K2026-06-032026-06-030001618756-26-000037 ↗
8-K2026-05-062026-05-060001618756-26-000025 ↗
10-Q2026-05-062026-03-310001618756-26-000029 ↗
10-K2026-02-202025-12-310001618756-26-000017 ↗
8-K2026-02-122026-02-120001618756-26-000006 ↗
8-K2025-11-142025-11-130001618756-25-000306 ↗
8-K2025-11-102025-11-070001618756-25-000302 ↗
8-K2025-10-302025-10-300001618756-25-000297 ↗
10-Q2025-10-302025-09-300001618756-25-000300 ↗
10-Q2025-08-072025-06-300001618756-25-000292 ↗
8-K2025-08-072025-08-070001618756-25-000289 ↗
8-K2025-06-032025-06-030001618756-25-000249 ↗