QSR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
QSR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Restaurant Brands International's annualized ROCE % for the quarter that ended in Jun. 2024 was 11.67%.
The historical data trend for Restaurant Brands International's ROCE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Restaurant Brands International Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
ROCE % | Get a 7-Day Free Trial | 10.03 | 6.25 | 8.67 | 8.94 | 9.78 |
Restaurant Brands International Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
ROCE % | Get a 7-Day Free Trial | 10.65 | 10.86 | 8.96 | 10.34 | 11.67 |
Restaurant Brands International's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Dec. 2023 ) | (A: Dec. 2022 ) | (A: Dec. 2023 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Dec. 2023 ) | (A: Dec. 2022 ) | (A: Dec. 2023 ) | |||||
= | 2048 | / | ( ( (22746 - 2116) | + | (23391 - 2144) ) | / 2 ) | |
= | 2048 | / | ( (20630 | + | 21247) | / 2 ) | |
= | 2048 | / | 20938.5 | ||||
= | 9.78 % |
Restaurant Brands International's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:
ROCE % | = | EBIT (1) | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(Q: Jun. 2024 ) | (Q: Mar. 2024 ) | (Q: Jun. 2024 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Jun. 2024 ) | (Q: Mar. 2024 ) | (Q: Jun. 2024 ) | |||||
= | 2536 | / | ( ( (23145 - 1924) | + | (24849 - 2617) ) | / 2 ) | |
= | 2536 | / | ( ( 21221 | + | 22232 ) | / 2 ) | |
= | 2536 | / | 21726.5 | ||||
= | 11.67 % |
(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Restaurant Brands International (NYSE:QSR) ROCE % Explanation
ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.
Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.
Thank you for viewing the detailed overview of Restaurant Brands International's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas Benjamin Curtis | officer: See Remarks | 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105 |
Axel Mr Schwan | officer: Pres., Tim Hortons Americas | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Joshua Kobza | officer: Chief Financial Officer | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Ali Hedayat | director | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Jill Granat | officer: See Remarks | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Duncan Fulton | officer: Chief Corporate Officer | C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Jeffrey Housman | officer: See Remarks | C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Matthew Dunnigan | officer: CFO | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Jacqueline Friesner | officer: See Remarks | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Sami A. Siddiqui | officer: Brand Pres., Popeyes, Americas | C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126 |
David Chan Shear | officer: President, International | C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126 |
J Patrick Doyle | officer: Executive Chairman | 8701 COLLINS AVENUE UNIT 1202, MIAMI BEACH FL 33154 |
Jordana Fribourg | director | C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Jose E. Cil | officer: See Remarks | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Cristina Farjallat | director | 130 KING STREET WEST, SUITE 300, TORONTO Z4 M5X 1E1 |
From GuruFocus
By PRNewswire • 06-10-2024
By Blue Chip Portfolios • 08-19-2024
By PRNewswire • 06-07-2024
By PRNewswire • 09-03-2024
By PRNewswire • 09-25-2024
By GuruFocus Research • 08-08-2024
By PRNewswire • 05-31-2024
By GuruFocus Research • 05-01-2024
By PRNewswire • 07-01-2024
By PRNewswire • 05-23-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.