RSTRF · Restaurant Brands International Limited Partnership
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. RBI delivered Q2 consolidated system-wide sales growth of 6.4% and 12.9% adjusted EPS growth, led by Burger King's standout 8.5% U.S. comparable sales and 10.7% International system-wide sales, while reaffirming its 2026 8% organic AOI growth target. Results were partially offset by an FX headwind expected for the second half and continued negative same-store sales at Popeyes U.S.
- + International delivered 10.7% system-wide sales growth and 5.5% comparable sales, marking the 21st consecutive quarter of positive comparable sales
- + Consolidated adjusted EPS grew 12.9% to $1.07 and RBI returned $435 million to shareholders, tracking to ~$500 million of buybacks for the full year
- + S&P upgraded RBI to BB+ and net leverage improved to 4.1x, supporting progress toward investment-grade status
- + RBI reaffirmed its 2026 guidance including ~8% organic AOI growth, $400 million CapEx and cash inducements, and RH AOI of $10-20 million
- − FX is expected to be a ~$10 million AOI and $0.02 to $0.03 adjusted EPS headwind in the second half of 2026
- − Tim Hortons Canada comparable sales were nearly flat at +0.1% as marketing underperformed and the brand was unable to lap prior-year platform launches
- − All-time high beef costs remain a headwind to Burger King franchisee profitability, with relief not expected until early 2027
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted diluted earnings per share non-GAAP | $1.93 | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA non-GAAP | $1.52B | Six Months Ended June 30, 2026 | — |
| Adjusted net income non-GAAP | $886M | Six Months Ended June 30, 2026 | — |
| Comparable Sales | 5.5% | Three Months Ended June 30, 2026 | — |
| Comparable Sales - BK US | 6.9% | Six Months Ended June 30, 2026 | — |
| Comparable Sales - Canada | 0.1% | Q2 2026 | — |
| Comparable Sales - INTL - Burger King | 5.4% | Six Months Ended June 30, 2026 | — |
| Comparable Sales - US | 8.5% | Three Months Ended June 30, 2026 filing | — |
| Free Cash Flow | $1.45B | Six Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net cash provided by operating activities 1.9B
-272M Payments for additions of property and equipment
= Free Cash Flow 1.63B
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| Net Restaurant Growth | 2.9% | Three Months Ended June 30, 2026 filing | — |
| Organic AOI Growth non-GAAP | 8.5% | Six Months Ended June 30, 2026 | — |
| System Restaurant Count at Period End - BK US | 994 | Six Months Ended June 30, 2026 | — |
| System Restaurant Count at Period End - INTL | 110 | Six Months Ended June 30, 2026 | — |
| System-wide Sales | $12.7B | Three Months Ended June 30, 2026 filing | — |
| Total Capex and Cash Inducements | $114M | Six Months Ended June 30, 2026 | — |
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Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Restaurants — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
RSTRF
this stock
Restaurant Brands International Limited Partnership
|
$24.83B | +7.5% | +12.2% | 14.6 | 0.0% |
|
MCD
Mcdonalds Corp
|
$171.72B | -19.3% | +3.7% | 19.7 | 1.9% |
|
SBUX
Starbucks Corp
|
$111.57B | +18.0% | +2.8% | 56.6 | 3.7% |
|
YUM
Yum Brands Inc
|
$41.40B | +0.2% | +8.8% | 19.1 | 4.5% |
|
CMG
Chipotle Mexican Grill Inc
|
$37.52B | -19.9% | +5.4% | 27.2 | 3.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| RSTRF | -14.0% | +12.8% | +46.7% | -1.3% | +7.5% |
| SPY | +0.6% | -0.8% | +18.2% | -0.6% | +11.8% |
| vs SPY | -14.6% | +13.7% | +28.5% | -0.8% | -4.3% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.