QSR vs SBUX
Restaurant Brands International Inc. and Starbucks Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | QSR | SBUX |
|---|---|---|
| Revenue | $9.4B | $37.2B |
| Net income | $1.1B | $1.9B |
| Gross margin | · | · |
| Net margin | 11.4% | 5.0% |
| Return on equity | · | · |
| Diluted EPS | $2.35 | $1.63 |
| Dividend / share | $2.48 | $2.45 |
| Payout ratio | · | 149.3% |
| Free cash flow | $1.4B | $2.4B |
| Equity | $3.6B | $-8.1B |
| Net debt / equity | 3.33× | · |
| Current ratio | 0.98× | 0.72× |
| Revenue CAGR 5y | 13.7% | 9.6% |
| Profit CAGR 5y | 7.5% | 14.9% |
SBUX bills 3.9× the revenue of QSR, and QSR keeps more of each dollar of revenue as profit (11.4% against 5.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | QSR | SBUX |
|---|---|---|
| FY2025 | $9.4B | $37.2B |
| FY2024 | $8.4B | $36.2B |
| FY2023 | $7.0B | $36.0B |
| FY2022 | $6.5B | $32.3B |
| FY2021 | $5.7B | $29.1B |
| FY2020 | $5.0B | $23.5B |
| FY2019 | $5.6B | $26.5B |
| FY2018 | $5.4B | $24.7B |
| FY2017 | $4.6B | $22.4B |
| FY2016 | $4.1B | $21.3B |
Bottom line
| Fiscal year | QSR | SBUX |
|---|---|---|
| FY2025 | $1.1B | $1.9B |
| FY2024 | $1.4B | $3.8B |
| FY2023 | $1.7B | $4.1B |
| FY2022 | $1.5B | $3.3B |
| FY2021 | $1.3B | $4.2B |
| FY2020 | $750.0M | $928.3M |
| FY2019 | $1.1B | $3.6B |
| FY2018 | $1.1B | $4.5B |
| FY2017 | $1.2B | $2.9B |
| FY2016 | $956.0M | $2.8B |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$27,750,400,000 | SBUX |
| FY2024 | −$27,770,200,000 | SBUX |
| FY2023 | −$28,953,600,000 | SBUX |
| FY2022 | −$25,745,300,000 | SBUX |
| FY2021 | −$23,321,600,000 | SBUX |
| FY2020 | −$18,550,000,000 | SBUX |
| FY2019 | −$20,905,600,000 | SBUX |
| FY2018 | −$19,362,500,000 | SBUX |
| FY2017 | −$17,810,800,000 | SBUX |
| FY2016 | −$17,169,900,000 | SBUX |
| FY2015 | −$15,110,500,000 | SBUX |
| FY2014 | −$15,249,000,000 | SBUX |
| FY2013 | −$13,720,500,000 | SBUX |
| FY2012 | −$11,305,900,000 | SBUX |
SBUX has reported the higher revenue in every one of these 14 fiscal years. The gap has widened since the earliest year compared.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +6.4 pp | QSR |
| FY2024 | +6.8 pp | QSR |
| FY2023 | +13.0 pp | QSR |
| FY2022 | +12.6 pp | QSR |
| FY2021 | +7.4 pp | QSR |
| FY2020 | +11.2 pp | QSR |
| FY2019 | +6.3 pp | QSR |
| FY2018 | +3.1 pp | QSR |
| FY2017 | +14.1 pp | QSR |
| FY2016 | +9.8 pp | QSR |
| FY2015 | −1.8 pp | SBUX |
| FY2014 | −35.0 pp | SBUX |
| FY2013 | +20.3 pp | QSR |
| FY2012 | −4.5 pp | SBUX |
The higher net margin has changed hands between QSR and SBUX over this period.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
QSR's net margin has been more volatile than SBUX's over the 14 comparable fiscal years — 11.9 percentage points of standard deviation against 4.6.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between QSR and SBUX over these 14 fiscal years — QSR led in 11 and SBUX in 3.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SBUX's return on equity has been more volatile than QSR's over the 3 comparable fiscal years — 17.6 percentage points of standard deviation against 3.5.
3 of 12 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between QSR and SBUX over these 3 fiscal years — QSR led in 1 and SBUX in 2.
3 of 12 comparable fiscal years — a year missing data on either side is not counted.