QSR Operating Margin - Restaurant Brands International Inc.

Complete source-backed operating margin history.

Available history: 2012-12-31 to 2026-06-30
Data captured: 2026-09-04

Historical Operating Margin

Date	Operating Margin
2026-06-30	28.41%
2026-03-31	26.77%
2025-12-31	25.18%
2025-09-30	27.07%
2025-06-30	20.04%
2025-03-31	20.63%
2024-12-31	27.66%
2024-09-30	25.19%
2024-06-30	31.87%
2024-03-31	31.28%
2023-12-31	25.71%
2023-09-30	31.68%
2023-06-30	31.21%
2023-03-31	28.11%
2022-12-31	20.49%
2022-09-30	32.50%
2022-06-30	33.01%
2022-03-31	31.01%
2021-12-31	26.91%
2021-09-30	35.65%
2021-06-30	33.94%
2021-03-31	35.08%
2020-12-31	27.47%
2020-09-30	31.19%
2020-06-30	23.19%
2020-03-31	31.76%
2019-12-31	34.55%
2019-09-30	39.16%
2019-06-30	35.07%
2019-03-31	34.28%
2018-12-31	37.26%
2018-09-30	34.76%
2018-06-30	37.38%
2018-03-31	33.57%
2017-12-31	40.93%
2017-09-30	39.66%
2017-06-30	36.59%
2017-03-31	33.60%
2016-12-31	44.25%
2016-09-30	39.09%
2016-06-30	40.76%
2016-03-31	35.99%
2015-12-31	30.46%
2015-09-30	33.74%
2015-06-30	28.99%
2015-03-31	24.01%
2014-12-31	-24.56%
2014-09-30	0.32%
2014-06-30	58.00%
2014-03-31	54.50%

Annual Operating Margin

Date	Operating Margin
2025-12-31	23.34%
2024-12-31	28.78%
2023-12-31	29.21%
2022-12-31	29.18%
2021-12-31	32.74%
2020-12-31	28.62%
2019-12-31	35.82%
2018-12-31	35.78%
2017-12-31	37.92%
2016-12-31	40.21%
2015-12-31	29.42%
2014-12-31	15.11%
2013-12-31	45.56%
2012-12-31	21.19%