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Side-by-side financial comparison of Encompass Health Corp (EHC) and Restaurant Brands International Inc. (QSR). Click either name above to swap in a different company.

Restaurant Brands International Inc. is the larger business by last-quarter revenue ($2.5B vs $1.5B, roughly 1.6× Encompass Health Corp). Encompass Health Corp runs the higher net margin — 9.5% vs 6.3%, a 3.2% gap on every dollar of revenue. On growth, Encompass Health Corp posted the faster year-over-year revenue change (9.9% vs 7.4%). Restaurant Brands International Inc. produced more free cash flow last quarter ($453.0M vs $116.7M). Over the past eight quarters, Restaurant Brands International Inc.'s revenue compounded faster (19.1% CAGR vs 8.3%).

Encompass Health Corporation, formerly Amcare and HealthSouth, based in Birmingham, Alabama, is the United States's largest provider of inpatient rehabilitative services, offering facility-based care through its network of 173 inpatient rehabilitation hospitals located in 39 states and Puerto Rico. Encompass Health's hospitals focus on providing rehabilitative treatment and care to patients who are recovering from stroke and other neurological disorders, cardiac and pulmonary conditions, brai...

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....

EHC vs QSR — Head-to-Head

Bigger by revenue
QSR
QSR
1.6× larger
QSR
$2.5B
$1.5B
EHC
Growing faster (revenue YoY)
EHC
EHC
+2.5% gap
EHC
9.9%
7.4%
QSR
Higher net margin
EHC
EHC
3.2% more per $
EHC
9.5%
6.3%
QSR
More free cash flow
QSR
QSR
$336.3M more FCF
QSR
$453.0M
$116.7M
EHC
Faster 2-yr revenue CAGR
QSR
QSR
Annualised
QSR
19.1%
8.3%
EHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EHC
EHC
QSR
QSR
Revenue
$1.5B
$2.5B
Net Profit
$146.1M
$155.0M
Gross Margin
Operating Margin
16.7%
25.2%
Net Margin
9.5%
6.3%
Revenue YoY
9.9%
7.4%
Net Profit YoY
20.8%
-57.1%
EPS (diluted)
$1.43
$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
EHC
EHC
QSR
QSR
Q4 25
$1.5B
$2.5B
Q3 25
$1.5B
$2.4B
Q2 25
$1.5B
$2.4B
Q1 25
$1.5B
$2.1B
Q4 24
$1.4B
$2.3B
Q3 24
$1.4B
$2.3B
Q2 24
$1.3B
$2.1B
Q1 24
$1.3B
$1.7B
Net Profit
EHC
EHC
QSR
QSR
Q4 25
$146.1M
$155.0M
Q3 25
$126.5M
$436.0M
Q2 25
$142.1M
$263.0M
Q1 25
$151.5M
$221.0M
Q4 24
$120.9M
$361.0M
Q3 24
$108.2M
$357.0M
Q2 24
$114.1M
$399.0M
Q1 24
$112.5M
$328.0M
Gross Margin
EHC
EHC
QSR
QSR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
65.2%
Operating Margin
EHC
EHC
QSR
QSR
Q4 25
16.7%
25.2%
Q3 25
14.9%
27.1%
Q2 25
16.2%
20.0%
Q1 25
16.4%
20.6%
Q4 24
14.3%
27.7%
Q3 24
13.6%
25.2%
Q2 24
14.3%
31.9%
Q1 24
13.6%
31.3%
Net Margin
EHC
EHC
QSR
QSR
Q4 25
9.5%
6.3%
Q3 25
8.6%
17.8%
Q2 25
9.7%
10.9%
Q1 25
10.4%
10.5%
Q4 24
8.6%
15.7%
Q3 24
8.0%
15.6%
Q2 24
8.8%
19.2%
Q1 24
8.5%
18.9%
EPS (diluted)
EHC
EHC
QSR
QSR
Q4 25
$1.43
$0.33
Q3 25
$1.24
$0.96
Q2 25
$1.39
$0.57
Q1 25
$1.48
$0.49
Q4 24
$1.18
$0.79
Q3 24
$1.06
$0.79
Q2 24
$1.12
$0.88
Q1 24
$1.10
$0.72

Balance Sheet & Financial Strength

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

Metric
EHC
EHC
QSR
QSR
Cash + ST InvestmentsLiquidity on hand
$72.2M
Total DebtLower is stronger
$2.4B
$13.3B
Stockholders' EquityBook value
$2.4B
$3.6B
Total Assets
$7.1B
$25.6B
Debt / EquityLower = less leverage
1.00×
3.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EHC
EHC
QSR
QSR
Q4 25
$72.2M
Q3 25
$48.7M
Q2 25
$99.1M
Q1 25
$95.8M
Q4 24
$85.4M
Q3 24
$147.8M
Q2 24
$154.4M
Q1 24
$134.4M
Total Debt
EHC
EHC
QSR
QSR
Q4 25
$2.4B
$13.3B
Q3 25
$2.4B
$13.5B
Q2 25
$2.3B
$13.6B
Q1 25
$2.3B
$13.6B
Q4 24
$2.4B
$13.6B
Q3 24
$2.3B
$13.7B
Q2 24
$2.7B
$13.7B
Q1 24
$2.7B
$12.9B
Stockholders' Equity
EHC
EHC
QSR
QSR
Q4 25
$2.4B
$3.6B
Q3 25
$2.4B
$3.4B
Q2 25
$2.3B
$3.3B
Q1 25
$2.2B
$3.1B
Q4 24
$2.1B
$3.1B
Q3 24
$2.0B
$3.2B
Q2 24
$1.8B
$3.1B
Q1 24
$1.7B
$3.0B
Total Assets
EHC
EHC
QSR
QSR
Q4 25
$7.1B
$25.6B
Q3 25
$6.9B
$25.7B
Q2 25
$6.8B
$25.7B
Q1 25
$6.6B
$24.9B
Q4 24
$6.5B
$24.6B
Q3 24
$6.5B
$25.1B
Q2 24
$6.4B
$24.8B
Q1 24
$6.2B
$23.1B
Debt / Equity
EHC
EHC
QSR
QSR
Q4 25
1.00×
3.65×
Q3 25
1.01×
3.99×
Q2 25
1.02×
4.10×
Q1 25
1.08×
4.37×
Q4 24
1.14×
4.39×
Q3 24
1.20×
4.22×
Q2 24
1.46×
4.46×
Q1 24
1.54×
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
EHC
EHC
QSR
QSR
Operating Cash FlowLast quarter
$346.0M
$555.0M
Free Cash FlowOCF − Capex
$116.7M
$453.0M
FCF MarginFCF / Revenue
7.6%
18.4%
Capex IntensityCapex / Revenue
14.8%
4.1%
Cash ConversionOCF / Net Profit
2.37×
3.58×
TTM Free Cash FlowTrailing 4 quarters
$439.2M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EHC
EHC
QSR
QSR
Q4 25
$346.0M
$555.0M
Q3 25
$270.8M
$592.0M
Q2 25
$270.2M
$449.0M
Q1 25
$288.6M
$118.0M
Q4 24
$278.8M
$481.0M
Q3 24
$267.8M
$540.0M
Q2 24
$217.4M
$334.0M
Q1 24
$238.8M
$148.0M
Free Cash Flow
EHC
EHC
QSR
QSR
Q4 25
$116.7M
$453.0M
Q3 25
$83.7M
$531.0M
Q2 25
$113.3M
$411.0M
Q1 25
$125.5M
$54.0M
Q4 24
$80.1M
$404.0M
Q3 24
$120.3M
$485.0M
Q2 24
$60.5M
$291.0M
Q1 24
$99.4M
$122.0M
FCF Margin
EHC
EHC
QSR
QSR
Q4 25
7.6%
18.4%
Q3 25
5.7%
21.7%
Q2 25
7.8%
17.1%
Q1 25
8.6%
2.6%
Q4 24
5.7%
17.6%
Q3 24
8.9%
21.2%
Q2 24
4.6%
14.0%
Q1 24
7.6%
7.0%
Capex Intensity
EHC
EHC
QSR
QSR
Q4 25
14.8%
4.1%
Q3 25
12.7%
2.5%
Q2 25
10.8%
1.6%
Q1 25
11.2%
3.0%
Q4 24
14.1%
3.4%
Q3 24
10.9%
2.4%
Q2 24
12.1%
2.1%
Q1 24
10.6%
1.5%
Cash Conversion
EHC
EHC
QSR
QSR
Q4 25
2.37×
3.58×
Q3 25
2.14×
1.36×
Q2 25
1.90×
1.71×
Q1 25
1.90×
0.53×
Q4 24
2.31×
1.33×
Q3 24
2.48×
1.51×
Q2 24
1.91×
0.84×
Q1 24
2.12×
0.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EHC
EHC

Medicare$1.0B66%
Medicare Advantage$243.1M16%
Managed Care$160.7M10%
Medicaid$47.0M3%
Other Income Source$44.8M3%
Other Thirdparty Payors$11.2M1%
Workers Compensation$7.6M0%
Patients$4.6M0%

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%

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