QSR NYSE
Credit Risk of going bust: lower than 73% of companies Debt: 37.6% of company value Bonds: $1.11B held by 396 funds, 120 bp over Treasuries → details ▾
If the stock fell to about $1.94 (down 97%), Restaurant Brands International Inc. would be worth roughly what it owes.
Total debt $15.65B against a stock market value of $25.98B.
Distance to default 8.16 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $6.90B (short-term plus half of long-term), stock volatility 24.2%; Altman Z'' 1.17. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Miami, FL 33126
US
Restaurant Brands International Inc. (RBI), a prominent quick-service restaurant enterprise, maintains its headquarters in Toronto, Canada. Established in 1954, the company operates globally, managing and franchising four distinct and widely recognized brands: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). Through its Tim Hortons segment, RBI offers a diverse menu at its coffee, tea, and donut establishments. This includes a selection of hot and cold specialty beverages like espresso-based drinks, a variety of freshly baked goods such as donuts, Timbits, bagels, muffins, cookies, and pastries, alongside savory options like grilled paninis, classic sandwiches, wraps, and soups. Burger King, a renowned fast-food hamburger chain within RBI's portfolio, provides patrons with its signature flame-grilled hamburgers, an array of chicken and other specialized sandwiches, French fries, and various soft drinks. The company's Popeyes Louisiana Kitchen outlets are celebrated for their distinctive Louisiana-style fried chicken, chicken tenders, and fried shrimp and other seafood options, complemented by regional specialties like red beans and rice. Furthermore, RBI's Firehouse Subs restaurants serve a range of submarine sandwiches, beverages, and local culinary delights. Demonstrating significant international reach, RBI had approximately 29,000 restaurants spread across 100 countries under its four brands as of February 15, 2022.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| CURTIS THOMAS BENJAM | A-Award | 24 | — | 2026-10-02 |
| CURTIS THOMAS BENJAM | A-Award | 74 | — | 2026-10-02 |
| CURTIS THOMAS BENJAM | A-Award | 607 | — | 2026-10-02 |
| CURTIS THOMAS BENJAM | A-Award | 69 | — | 2026-10-02 |
| CURTIS THOMAS BENJAM | A-Award | 603 | — | 2026-10-02 |