QSR Restaurant Brands International (QSR) Insider Trading, Ownership & Congress Trades
Restaurants & Leisure · Retail-eating places · CIK 0001618756
Congress · 1Form 144 · 2
Insider buyers, 180 days
0
Funds added, last quarter
325
13F, latest reported quarter
Conversions, 180 days
2
Codes C/M, not in net · $4.3M priced
What the filings say about QSR
Insiders, 180 days
-$9.8M net sold
2 sellers · 0% of sales under a 10b5-1 plan
Congress, 1 year
1 bought · 0 sold
Latest: purchase, 2026-08-06
Planned sales (Form 144), 90 days
$9.8M
2 notices
Restaurant Brands International insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, Restaurant Brands International Inc. insiders sold a net $9.8M of stock across 212 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- 5 earlier Form 4 trades (code P or S) here by this insider (5 sales), the last on Feb 23, 2026.
- The trade is 27.4% of the 209,907 shares held after it.
- 1 other insider sold within 30 days.
- 325 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Pres., Tim Hortons US & Canada Schwan Axel sold about $4.7M of QSR on Sep 4, 2026; 1 other insider sold within 30 days and 325 funds added in the latest 13F quarter.Context
- 20 earlier Form 4 trades (code P or S) here by this insider (20 sales), the last on Feb 23, 2026.
- The trade is 167.5% of the 38,216 shares held after it.
- 1 other insider sold within 30 days.
- 325 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Pres., BK US & CA CURTIS THOMAS BENJAMIN sold about $5.2M of QSR on Aug 21, 2026; 1 other insider sold within 30 days and 325 funds added in the latest 13F quarter.Context
- 14 earlier Form 4 trades (code P or S) here by this insider (14 sales), the last on Feb 23, 2026.
- The trade is 12.3% of the 162,076 shares held after it.
- 9 other insiders sold within 30 days.
- 325 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: See Remarks Housman Jeffrey sold about $1.5M of QSR on Mar 20, 2026; 9 other insiders sold within 30 days and 325 funds added in the latest 13F quarter.Context
- 19 earlier Form 4 trades (code P or S) here by this insider (19 sales), the last on Jan 7, 2026.
- The trade is 20.8% of the 960,769 shares held after it.
- 9 other insiders sold within 30 days.
- 325 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Executive Officer Kobza Joshua sold about $15.0M of QSR on Mar 18, 2026, the largest insider sale at the company since 2024; 9 other insiders sold within 30 days and 325 funds added in the latest 13F quarter.Context
- 23 earlier Form 4 trades (code P or S) here by this insider (23 sales), the last on Mar 16, 2026.
- The trade is 5.2% of the 478,845 shares held after it.
- 9 other insiders sold within 30 days.
- 325 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: See Remarks Granat Jill sold about $1.9M of QSR on Mar 18, 2026; 9 other insiders sold within 30 days and 325 funds added in the latest 13F quarter.212 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$9.8M over 180 days
-$9.8M over 90 days
below 77% of Restaurants & Leisure
Congress
1 member bought in the last year
the lowest in Restaurants & Leisure
Funds
325 funds bought in last quarter
more than 92% of Restaurants & Leisure
Revenue
+12.2% year over year
more than 75% of Restaurants & Leisure
Margin
11.4% net margin
more than 80% of Restaurants & Leisure
Buybacks
$170.0M repurchased, FY to 2026-06-30
more than 65% of Restaurants & Leisure
Short interest
5.8% of the float short (float per yahoo 2026-10-26) · 5.0 days to cover · settled 2026-09-30
more than 62% of Restaurants & Leisure
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch QSR
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+14.4%12M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns QSR: institutional holders (13F)
13F holdings, latest reported quarter
43,862,952 sh
$3.2B
25,821,284 sh
$1.9B
20,236,317 sh
$1.5B
17,171,552 sh
$1.2B
15,228,770 sh
$1.1B
Congress trades in QSR
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Bought 2026-08-06 · disclosed 39 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
QSR planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
AXEL SCHWAN
Filed 2026-09-04
$4.7M
THOMAS CURTIS
Filed 2026-08-21
$5.2M
QSR mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
VistaShares Target 15 ACKtivist Distribution ETF
$4.9M position · as of 2026-07-31
11.0%
Dana Concentrated Dividend ETF
$2.1M position · as of 2026-05-31
4.7%
Cullen Enhanced Equity Income Fund
$4.4M position · as of 2026-06-30
3.0%
Cullen Enhanced Equity Income ETF
$1.6M position · as of 2026-06-30
3.0%
Davis Select U.S. Equity ETF
$37.5M position · as of 2026-07-31
2.9%
Invesco Leisure and Entertainment ETF
$6.3M position · as of 2026-07-31
2.5%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Mr. Cil
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$15.2M
$18.1M
$7.8M
+33%
+36%
2024
$14.5M
-$28.1M
$6.1M
+22%
+36%
2022
$17.1M
$27.4M
$36.4M
+14%
+13%
2021
$14.0M
$14.0M
$6.9M
+3%
+23%
2020
$20.1M
$17.7M
$7.7M
+0%
+18%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $9.8M sold by insiders over 180 days, 325 funds added last quarter, 1 House member(s) bought in 12 months, disclosed weeks after the trade, $9.8M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
QSR financials
Revenue growth
+12.2%
XBRL, annual
Net margin
11.4%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$9.7B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM QSR
| FY Dec 2025 | $9.4B |
| FY Dec 2024 | $8.4B |
| FY Dec 2023 | $7.0B |
| FY Dec 2022 | $6.5B |
| FY Dec 2021 | $5.7B |
| Jun 2026 | $2.5B |
| Mar 2026 | $2.3B |
| Dec 2025 | $2.5B |
| Sep 2025 | $2.4B |
| Jun 2025 | $2.4B |
| Mar 2025 | $2.1B |
| Dec 2024 | $2.3B |
| Sep 2024 | $2.3B |
At each fiscal year end
Single quarter
Net margin, TTM
+17.5%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM QSR
| FY Dec 2025 | +11.4% |
| FY Dec 2024 | +17.2% |
| FY Dec 2023 | +24.5% |
| FY Dec 2022 | +22.8% |
| FY Dec 2021 | +21.8% |
| Jun 2026 | +26.4% |
| Mar 2026 | +19.7% |
| Dec 2025 | +6.3% |
| Sep 2025 | +17.8% |
| Jun 2025 | +10.9% |
| Mar 2025 | +10.5% |
| Dec 2024 | +15.7% |
| Sep 2024 | +15.6% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$1.6B
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM QSR
| FY Dec 2025 | $1.4B |
| FY Dec 2024 | $1.3B |
| FY Dec 2023 | $1.2B |
| FY Dec 2022 | $1.4B |
| FY Dec 2021 | $1.6B |
| Jun 2026 | $479.0M |
| Mar 2026 | $169.0M |
| Dec 2025 | $453.0M |
| Sep 2025 | $531.0M |
| Jun 2025 | $411.0M |
| Mar 2025 | $54.0M |
| Dec 2024 | $404.0M |
| Sep 2024 | $485.0M |
At each fiscal year end
Single quarter
Debt to equity
3.44x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Debt to equity QSR
| FY Dec 2025 | 3.65x |
| FY Dec 2024 | 4.39x |
| FY Dec 2023 | 4.51x |
| FY Dec 2022 | 5.18x |
| FY Dec 2021 | 5.80x |
| Jun 2026 | 3.44x |
| Mar 2026 | 3.54x |
| Dec 2025 | 3.65x |
| Sep 2025 | 3.99x |
| Jun 2025 | 4.10x |
| Mar 2025 | 4.37x |
| Dec 2024 | 4.39x |
| Sep 2024 | 4.22x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.14x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Cash flow to debt QSR
| FY Dec 2025 | 0.13x |
| FY Dec 2024 | 0.11x |
| FY Dec 2023 | 0.10x |
| FY Dec 2022 | 0.12x |
| FY Dec 2021 | 0.13x |
| Jun 2026 | 0.14x |
| Mar 2026 | 0.14x |
| Dec 2025 | 0.13x |
| Sep 2025 | 0.12x |
| Jun 2025 | 0.12x |
| Mar 2025 | 0.11x |
| Dec 2024 | 0.11x |
| Sep 2024 | 0.10x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+47.5%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity QSR
| FY Dec 2025 | +31.9% |
| FY Dec 2024 | +48.4% |
| FY Dec 2023 | +64.0% |
| FY Dec 2022 | +62.6% |
| FY Dec 2021 | +56.9% |
| Jun 2026 | +47.5% |
| Mar 2026 | +37.9% |
| Dec 2025 | +31.9% |
| Sep 2025 | +38.7% |
| Jun 2025 | +37.7% |
| Mar 2025 | +44.0% |
| Dec 2024 | +48.4% |
| Sep 2024 | +58.9% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+6.7%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets QSR
| FY Dec 2025 | +4.3% |
| FY Dec 2024 | +6.0% |
| FY Dec 2023 | +7.4% |
| FY Dec 2022 | +6.4% |
| FY Dec 2021 | +5.4% |
| Jun 2026 | +6.7% |
| Mar 2026 | +5.2% |
| Dec 2025 | +4.3% |
| Sep 2025 | +5.0% |
| Jun 2025 | +4.8% |
| Mar 2025 | +5.6% |
| Dec 2024 | +6.0% |
| Sep 2024 | +7.5% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+14.7%
operating income after a 13.3% effective tax rate, over long-term 2026-06-30 plus current 2026-06-30 plus average of 2025-06-30 and 2026-06-30 minus cash
Return on invested capital QSR
| FY Dec 2025 | +10.3% |
| FY Dec 2024 | +12.7% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | +12.6% |
| Jun 2026 | +14.7% |
| Mar 2026 | +11.9% |
| Dec 2025 | +10.3% |
| Sep 2025 | +11.0% |
| Jun 2025 | +10.5% |
| Mar 2025 | +11.8% |
| Dec 2024 | +12.7% |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+11.4%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed QSR
| FY Dec 2025 | +9.8% |
| FY Dec 2024 | +11.1% |
| FY Dec 2023 | +9.8% |
| FY Dec 2022 | +9.0% |
| FY Dec 2021 | +8.8% |
| Jun 2026 | +11.4% |
| Mar 2026 | +10.6% |
| Dec 2025 | +9.8% |
| Sep 2025 | +9.7% |
| Jun 2025 | +9.4% |
| Mar 2025 | +10.6% |
| Dec 2024 | +11.1% |
| Sep 2024 | +10.3% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
20.25x
close 2026-10-23 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing QSR
| FY Dec 2025 | 28.91x |
| FY Dec 2024 | 20.50x |
| FY Dec 2023 | 20.72x |
| FY Dec 2022 | 19.84x |
| FY Dec 2021 | 22.56x |
| Jun 2026 | 19.49x |
| Mar 2026 | 26.02x |
| Dec 2025 | 28.91x |
| Sep 2025 | 22.83x |
| Jun 2025 | 25.11x |
| Mar 2025 | 22.59x |
| Dec 2024 | 20.50x |
| Sep 2024 | 18.08x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$35.4B
market value at close 2026-10-23 on 2024-04-23 shares, plus long-term 2026-06-30 plus current 2026-06-30, minus cash 2019-09-30
Enterprise value QSR
| FY Dec 2025 | $33.1B |
| FY Dec 2024 | $32.5B |
| FY Dec 2023 | $35.6B |
| FY Dec 2022 | $31.0B |
| FY Dec 2021 | $30.4B |
| Jun 2026 | $34.5B |
| Mar 2026 | $34.9B |
| Dec 2025 | $33.1B |
| Sep 2025 | $32.1B |
| Jun 2025 | $32.9B |
| Mar 2025 | $33.0B |
| Dec 2024 | $32.5B |
| Sep 2024 | $34.7B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+6.8%
TTM free cash flow over market value at close 2026-10-23
FCF yield QSR
| FY Dec 2025 | +6.7% |
| FY Dec 2024 | +6.3% |
| FY Dec 2023 | +4.9% |
| FY Dec 2022 | +7.0% |
| FY Dec 2021 | +8.5% |
| Jun 2026 | +7.1% |
| Mar 2026 | +6.7% |
| Dec 2025 | +6.7% |
| Sep 2025 | +6.9% |
| Jun 2025 | +6.5% |
| Mar 2025 | +5.9% |
| Dec 2024 | +6.3% |
| Sep 2024 | +5.5% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
0.50x
P/E over trailing EPS growth of 41%: four quarters to 2026-06-30 against the four to 2025-06-30
PEG, trailing QSR
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | 1.32x |
| FY Dec 2022 | 0.94x |
| FY Dec 2021 | 0.33x |
| Jun 2026 | 0.48x |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | 0.49x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $9.4B | $8.4B | $7.0B | $6.5B |
| Operating income | $2.2B | $2.4B | $2.1B | $1.9B |
| Net income | $1.1B | $1.4B | $1.7B | $1.5B |
| EPS (diluted) | 2.35 | 3.18 | 3.76 | 3.25 |
| Operating cash flow | $1.7B | $1.5B | $1.3B | $1.5B |
| Long-term debt | $13.2B | $13.5B | $12.9B | $12.8B |
| Buybacks | $0 | $0 | $500.0M | $326.0M |
| Dividends paid | $1.1B | $1.0B | $990.0M | $971.0M |
SEC XBRL, fiscal years, as known on 2026-10-27
QSR Stock Sonar score 6/7 axes
Find similar shapesCompareQSR ranks highest on institutional and government (82nd percentile) and profitability (71st), and lowest on insider conviction (11th), among Restaurants & Leisure peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
QSR filings, in plain words
Are Restaurant Brands International insiders buying or selling QSR?
In the 180 days to 2026-10-27, Restaurant Brands International insiders were net sellers, a net $9.8M across purchases and sales reported on Form 4, by 2 sellers.
Have members of Congress traded QSR?
Yes. In the year to 2026-10-27, 1 House member disclosed buying QSR and 0 House members disclosed selling it; the latest on record is a purchase by Josh Gottheimer dated 2026-08-06.
Are there planned insider sales of QSR?
Yes. 2 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-27, covering $9.8M of stock; the latest, by AXEL SCHWAN, was filed 2026-09-04.
Read the full summary
In the 180 days to 2026-10-27, Restaurant Brands International insiders were net sellers of QSR, a net $9.8M across purchases and sales reported on Form 4 by 2 sellers. In the year to 2026-10-27, 1 member of Congress disclosed buying QSR and 0 members disclosed selling it; the latest on record is a purchase by Josh Gottheimer dated 2026-08-06. Insiders filed 2 Form 144 notices of intent to sell in the 90 days to 2026-10-27, covering $9.8M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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