| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 51 | 21.1x | 17.8x | Around median | |
Growth | 61 | 6.5% | 7.1% | Around median | |
Quality | 86 | 12.1% | 4.5% | Top tier | |
Safety | 38 | 4.9x | 2.6x | Bottom tier | |
Capital Return | 67 | 3.30% | 2.12% | Top tier | |
Momentum | 74 | 17.5% | 2.9% | Top tier | |
Sentiment | 61 | 17 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Restaurant Brands International operates a restaurant portfolio comprising Burger King, Tim Hortons, Popeyes, and Firehouse Subs, relying on an extensive franchisee network alongside the Restaurant Holdings segment. Operating profit is distributed approximately among Tim Hortons at 41%, international operations at 29%, and Burger King at 19%, with the remaining brands and operations contributing the balance; therefore, the company combines coffee and baked goods, burgers, chicken, and sandwiches across multiple markets.
In fiscal Q2 2026, revenue reached $2.5 billion, net income was $507 million, and earnings per share according to EDGAR filings were approximately $1.45, equivalent to a calculated net income margin of about 20.3%. On the adjusted basis presented by management, earnings per share rose 12.9% to $1.07, and adjusted operating income grew organically by 6.7%, supported by comparable restaurant sales growth of 3.8%, net restaurant growth of 2.9%, and system-wide sales growth of 6.4%.
The performance mix was clearly varied in fiscal Q2 2026: Burger King achieved comparable sales growth of 8.6%, and international operations recorded 5.5%, with system-wide sales growth of 10.7%, while Tim Hortons in Canada posted growth of only 0.1%, and Popeyes comparable sales in the United States declined 5.2%. For the twelve-month period ending within fiscal 2026, the company recorded revenue of $9.6 billion, net income of $1.3 billion, and earnings per share of approximately $2.83.
The analyst consensus is “Buy,” with an average target of $84.82 and a range between $79 and $92; the average is above the 52-week range high of $81.96, while the lowest target is below it. Based on earnings per share of $2.83 for the twelve-month period ending within fiscal 2026, the targets imply price-to-earnings multiples of approximately 27.9 times at the low end and 32.5 times at the high end, assuming continued growth at Burger King and international operations alongside successful remediation of weakness at Popeyes and Tim Hortons.
Figures in the text are as of 2026-08-28; the live price is shown at the top of the page.
System-wide sales rose 6.4%, driven by comparable sales growth of 3.8% and net restaurant growth of 2.9%. Burger King led the performance with comparable sales growth of 8.6%, while international operations recorded 5.5%, and their system-wide sales grew 10.7%. Revenue reached $2.5 billion, and net income was $507 million, while adjusted earnings per share rose 12.9% to $1.07.
Comparable sales growth in the United States reached 8.5% in fiscal Q2 2026, outperforming the burger restaurant segment by more than 9 percentage points. Average Whopper platform sales have risen by more than 20% since the launch of the elevation campaign, while average kids' meal sales increased to more than $28 per day. The company continues to modernize restaurants and improve service and the menu, while acknowledging that a large number of Burger King restaurants have not yet reached the targeted modern image.
Popeyes comparable sales in the United States declined 5.2% in fiscal Q2 2026, and system-wide sales fell 3.3% despite net restaurant growth of 0.3%. The company focused on $5 offers, a $6 large meal, and a $20 family meal, alongside improving chicken-piece specifications and operational training. Management expects comparable sales to return to positive growth during the second half of fiscal 2026, but achieving this remains a key test of the recovery plan.
Automated analysis for informational purposes only — not investment advice.
Tim Hortons represents approximately 41% of operating profit, but recorded growth of only 0.1% in Canadian comparable sales in fiscal Q2 2026. By contrast, international operations represent approximately 29% of operating profit and achieved comparable sales growth of 5.5% and system-wide sales growth of 10.7%. Tim Hortons is betting on Matcha, cold beverages, and its loyalty partnership with Canadian Tire, while international growth depends on markets including Germany, Spain, Brazil, China, Korea, and Japan.
Free cash flow reached $501 million in fiscal Q2 2026, and the company ended the period with liquidity of $2.3 billion, including $1.1 billion in cash. It returned $435 million to shareholders during the quarter, including $137 million in share repurchases, and targets approximately $500 million in purchases during fiscal 2026. Net leverage was 4.1 times, and the company aims to reach a low-to-mid 3 times range by 2028 following S&P's upgrade to BB+ in May 2026.
The analyst consensus is “Buy,” and the average target is $84.82, with a low of $79 and a high of $92. The average target is above the 52-week range high of $81.96 and equals approximately 30 times earnings per share of $2.83 for the twelve-month period ending within fiscal 2026. Insider activity recorded net selling of $5.2 million during the three months ended August 21, 2026, consisting of one sale and no purchases, but such sales may be prearranged and are not sufficient on their own to assess the company's prospects.
