QSRRestaurant Brands International Inc.
Is it safe?
Solid, nothing alarming: steady price behavior, but heavy debt (BB).
Mixed, watch the balance sheet Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Insiders were net sellers (-$9.8M, 90 days to Oct 8, 2026), selling is often routine.
Moderately leveraged. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -63% · now 13% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can QSR take a bad year?
Restaurant Brands International Inc. carries $12.2B of net debt at 4.18× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.18×
Net debt / EBITDA · 5.17× a year ago · the load is coming down
- Altman Z-score
- 1.73
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 3.44×
Debt / equity
Details›
- Total debtQ2 2026
- $13.3B
- Cash and short-term investments
- $1.06B
- Net debt
- $12.2B
- EBITDA, trailing twelve months
- $2.91B
- Operating profit, trailing twelve months
- $2.61B
- Debt / equity
- 3.44×
- Total debt / EBITDA
- 4.55×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −63%
- Below its 52-week high
- 13%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.