vs

Side-by-side financial comparison of BARRICK MINING CORP (B) and Restaurant Brands International Inc. (QSR). Click either name above to swap in a different company.

BARRICK MINING CORP is the larger business by last-quarter revenue ($3.7B vs $2.5B, roughly 1.5× Restaurant Brands International Inc.). BARRICK MINING CORP runs the higher net margin — 34.1% vs 6.3%, a 27.8% gap on every dollar of revenue. On growth, BARRICK MINING CORP posted the faster year-over-year revenue change (16.4% vs 7.4%).

Barrick Mining Corporation is a mining company that produces gold and copper. It has mining operations and projects in Argentina, Canada, Chile, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Jamaica, Mali, Pakistan, Papua New Guinea, Peru, Saudi Arabia, Senegal, Tanzania, the United States and Zambia. In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound. As of ...

Restaurant Brands International Inc. (RBI) is an American-Canadian multinational fast food holding company. It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively. The company is the fifth-largest operator of fast food restaurants in the world after Subway, McDonald's, Starbucks and Yum! Brands....

B vs QSR — Head-to-Head

Bigger by revenue
B
B
1.5× larger
B
$3.7B
$2.5B
QSR
Growing faster (revenue YoY)
B
B
+9.0% gap
B
16.4%
7.4%
QSR
Higher net margin
B
B
27.8% more per $
B
34.1%
6.3%
QSR

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
B
B
QSR
QSR
Revenue
$3.7B
$2.5B
Net Profit
$1.3B
$155.0M
Gross Margin
49.0%
Operating Margin
38.5%
25.2%
Net Margin
34.1%
6.3%
Revenue YoY
16.4%
7.4%
Net Profit YoY
98.1%
-57.1%
EPS (diluted)
$0.47
$0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
B
B
QSR
QSR
Q4 25
$2.5B
Q3 25
$2.4B
Q2 25
$3.7B
$2.4B
Q1 25
$2.1B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$3.2B
$2.1B
Q1 24
$1.7B
Net Profit
B
B
QSR
QSR
Q4 25
$155.0M
Q3 25
$436.0M
Q2 25
$1.3B
$263.0M
Q1 25
$221.0M
Q4 24
$361.0M
Q3 24
$357.0M
Q2 24
$634.0M
$399.0M
Q1 24
$328.0M
Gross Margin
B
B
QSR
QSR
Q4 25
Q3 25
Q2 25
49.0%
Q1 25
Q4 24
Q3 24
Q2 24
37.4%
Q1 24
65.2%
Operating Margin
B
B
QSR
QSR
Q4 25
25.2%
Q3 25
27.1%
Q2 25
38.5%
20.0%
Q1 25
20.6%
Q4 24
27.7%
Q3 24
25.2%
Q2 24
34.5%
31.9%
Q1 24
31.3%
Net Margin
B
B
QSR
QSR
Q4 25
6.3%
Q3 25
17.8%
Q2 25
34.1%
10.9%
Q1 25
10.5%
Q4 24
15.7%
Q3 24
15.6%
Q2 24
20.1%
19.2%
Q1 24
18.9%
EPS (diluted)
B
B
QSR
QSR
Q4 25
$0.33
Q3 25
$0.96
Q2 25
$0.47
$0.57
Q1 25
$0.49
Q4 24
$0.79
Q3 24
$0.79
Q2 24
$0.21
$0.88
Q1 24
$0.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
B
B
QSR
QSR
Cash + ST InvestmentsLiquidity on hand
$4.8B
Total DebtLower is stronger
$13.3B
Stockholders' EquityBook value
$33.4B
$3.6B
Total Assets
$47.3B
$25.6B
Debt / EquityLower = less leverage
3.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
B
B
QSR
QSR
Q4 25
Q3 25
Q2 25
$4.8B
Q1 25
Q4 24
Q3 24
Q2 24
$4.0B
Q1 24
Total Debt
B
B
QSR
QSR
Q4 25
$13.3B
Q3 25
$13.5B
Q2 25
$13.6B
Q1 25
$13.6B
Q4 24
$13.6B
Q3 24
$13.7B
Q2 24
$13.7B
Q1 24
$12.9B
Stockholders' Equity
B
B
QSR
QSR
Q4 25
$3.6B
Q3 25
$3.4B
Q2 25
$33.4B
$3.3B
Q1 25
$3.1B
Q4 24
$3.1B
Q3 24
$3.2B
Q2 24
$32.5B
$3.1B
Q1 24
$3.0B
Total Assets
B
B
QSR
QSR
Q4 25
$25.6B
Q3 25
$25.7B
Q2 25
$47.3B
$25.7B
Q1 25
$24.9B
Q4 24
$24.6B
Q3 24
$25.1B
Q2 24
$46.2B
$24.8B
Q1 24
$23.1B
Debt / Equity
B
B
QSR
QSR
Q4 25
3.65×
Q3 25
3.99×
Q2 25
4.10×
Q1 25
4.37×
Q4 24
4.39×
Q3 24
4.22×
Q2 24
4.46×
Q1 24
4.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
B
B
QSR
QSR
Operating Cash FlowLast quarter
$1.3B
$555.0M
Free Cash FlowOCF − Capex
$453.0M
FCF MarginFCF / Revenue
18.4%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
1.06×
3.58×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
B
B
QSR
QSR
Q4 25
$555.0M
Q3 25
$592.0M
Q2 25
$1.3B
$449.0M
Q1 25
$118.0M
Q4 24
$481.0M
Q3 24
$540.0M
Q2 24
$1.2B
$334.0M
Q1 24
$148.0M
Free Cash Flow
B
B
QSR
QSR
Q4 25
$453.0M
Q3 25
$531.0M
Q2 25
$411.0M
Q1 25
$54.0M
Q4 24
$404.0M
Q3 24
$485.0M
Q2 24
$291.0M
Q1 24
$122.0M
FCF Margin
B
B
QSR
QSR
Q4 25
18.4%
Q3 25
21.7%
Q2 25
17.1%
Q1 25
2.6%
Q4 24
17.6%
Q3 24
21.2%
Q2 24
14.0%
Q1 24
7.0%
Capex Intensity
B
B
QSR
QSR
Q4 25
4.1%
Q3 25
2.5%
Q2 25
1.6%
Q1 25
3.0%
Q4 24
3.4%
Q3 24
2.4%
Q2 24
2.1%
Q1 24
1.5%
Cash Conversion
B
B
QSR
QSR
Q4 25
3.58×
Q3 25
1.36×
Q2 25
1.06×
1.71×
Q1 25
0.53×
Q4 24
1.33×
Q3 24
1.51×
Q2 24
1.83×
0.84×
Q1 24
0.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

B
B

Segment breakdown not available.

QSR
QSR

CA$1.0B41%
Other$330.0M13%
Advertising$308.0M12%
Others$284.0M12%
Popeyes Louisiana Kitchen$195.0M8%
Burger King$185.0M8%
Royalty$87.0M4%
Firehouse Subs$59.0M2%
Franchisor$7.0M0%

Related Comparisons