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Side-by-side financial comparison of Masco (MAS) 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 $1.9B, roughly 1.3× Masco). Masco runs the higher net margin — 11.9% vs 6.3%, a 5.6% gap on every dollar of revenue. On growth, Restaurant Brands International Inc. posted the faster year-over-year revenue change (7.4% vs 6.5%). Over the past eight quarters, Restaurant Brands International Inc.'s revenue compounded faster (19.1% CAGR vs -4.2%).

Masco Corporation is an American manufacturer of products for the home improvement and new home construction markets. Comprising more than 20 companies, the Masco conglomerate operates nearly 60 manufacturing facilities in the United States and over 20 in other parts of the world. Since 1969 it trades on the NYSE. Under the leadership of Richard Manoogian, the company grew exponentially and subsequently joined the Fortune 500 list of largest U.S. corporations.

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....

MAS vs QSR — Head-to-Head

Bigger by revenue
QSR
QSR
1.3× larger
QSR
$2.5B
$1.9B
MAS
Growing faster (revenue YoY)
QSR
QSR
+0.9% gap
QSR
7.4%
6.5%
MAS
Higher net margin
MAS
MAS
5.6% more per $
MAS
11.9%
6.3%
QSR
Faster 2-yr revenue CAGR
QSR
QSR
Annualised
QSR
19.1%
-4.2%
MAS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAS
MAS
QSR
QSR
Revenue
$1.9B
$2.5B
Net Profit
$228.0M
$155.0M
Gross Margin
35.8%
Operating Margin
16.5%
25.2%
Net Margin
11.9%
6.3%
Revenue YoY
6.5%
7.4%
Net Profit YoY
14.5%
-57.1%
EPS (diluted)
$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
MAS
MAS
QSR
QSR
Q1 26
$1.9B
Q4 25
$1.8B
$2.5B
Q3 25
$1.9B
$2.4B
Q2 25
$2.1B
$2.4B
Q1 25
$1.8B
$2.1B
Q4 24
$1.8B
$2.3B
Q3 24
$2.0B
$2.3B
Q2 24
$2.1B
$2.1B
Net Profit
MAS
MAS
QSR
QSR
Q1 26
$228.0M
Q4 25
$165.0M
$155.0M
Q3 25
$189.0M
$436.0M
Q2 25
$270.0M
$263.0M
Q1 25
$186.0M
$221.0M
Q4 24
$182.0M
$361.0M
Q3 24
$167.0M
$357.0M
Q2 24
$258.0M
$399.0M
Gross Margin
MAS
MAS
QSR
QSR
Q1 26
35.8%
Q4 25
33.9%
Q3 25
34.2%
Q2 25
37.6%
Q1 25
35.8%
Q4 24
34.8%
Q3 24
36.6%
Q2 24
37.5%
Operating Margin
MAS
MAS
QSR
QSR
Q1 26
16.5%
Q4 25
13.8%
25.2%
Q3 25
15.8%
27.1%
Q2 25
20.1%
20.0%
Q1 25
15.9%
20.6%
Q4 24
15.9%
27.7%
Q3 24
18.0%
25.2%
Q2 24
19.0%
31.9%
Net Margin
MAS
MAS
QSR
QSR
Q1 26
11.9%
Q4 25
9.2%
6.3%
Q3 25
9.9%
17.8%
Q2 25
13.2%
10.9%
Q1 25
10.3%
10.5%
Q4 24
10.0%
15.7%
Q3 24
8.4%
15.6%
Q2 24
12.3%
19.2%
EPS (diluted)
MAS
MAS
QSR
QSR
Q1 26
Q4 25
$0.81
$0.33
Q3 25
$0.90
$0.96
Q2 25
$1.28
$0.57
Q1 25
$0.87
$0.49
Q4 24
$0.85
$0.79
Q3 24
$0.77
$0.79
Q2 24
$1.17
$0.88

Balance Sheet & Financial Strength

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

Metric
MAS
MAS
QSR
QSR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$2.9B
$13.3B
Stockholders' EquityBook value
$27.0M
$3.6B
Total Assets
$5.2B
$25.6B
Debt / EquityLower = less leverage
109.07×
3.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAS
MAS
QSR
QSR
Q1 26
Q4 25
$647.0M
Q3 25
$559.0M
Q2 25
$390.0M
Q1 25
$377.0M
Q4 24
$634.0M
Q3 24
$646.0M
Q2 24
$398.0M
Total Debt
MAS
MAS
QSR
QSR
Q1 26
$2.9B
Q4 25
$2.9B
$13.3B
Q3 25
$13.5B
Q2 25
$13.6B
Q1 25
$13.6B
Q4 24
$2.9B
$13.6B
Q3 24
$13.7B
Q2 24
$13.7B
Stockholders' Equity
MAS
MAS
QSR
QSR
Q1 26
$27.0M
Q4 25
$-185.0M
$3.6B
Q3 25
$-78.0M
$3.4B
Q2 25
$-84.0M
$3.3B
Q1 25
$-254.0M
$3.1B
Q4 24
$-279.0M
$3.1B
Q3 24
$-88.0M
$3.2B
Q2 24
$-26.0M
$3.1B
Total Assets
MAS
MAS
QSR
QSR
Q1 26
$5.2B
Q4 25
$5.2B
$25.6B
Q3 25
$5.3B
$25.7B
Q2 25
$5.3B
$25.7B
Q1 25
$5.1B
$24.9B
Q4 24
$5.0B
$24.6B
Q3 24
$5.3B
$25.1B
Q2 24
$5.4B
$24.8B
Debt / Equity
MAS
MAS
QSR
QSR
Q1 26
109.07×
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×

Cash Flow & Capital Efficiency

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

Metric
MAS
MAS
QSR
QSR
Operating Cash FlowLast quarter
$555.0M
Free Cash FlowOCF − Capex
$453.0M
FCF MarginFCF / Revenue
18.4%
Capex IntensityCapex / Revenue
1.8%
4.1%
Cash ConversionOCF / Net Profit
3.58×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAS
MAS
QSR
QSR
Q1 26
Q4 25
$418.0M
$555.0M
Q3 25
$456.0M
$592.0M
Q2 25
$306.0M
$449.0M
Q1 25
$-158.0M
$118.0M
Q4 24
$407.0M
$481.0M
Q3 24
$416.0M
$540.0M
Q2 24
$346.0M
$334.0M
Free Cash Flow
MAS
MAS
QSR
QSR
Q1 26
Q4 25
$371.0M
$453.0M
Q3 25
$415.0M
$531.0M
Q2 25
$270.0M
$411.0M
Q1 25
$-190.0M
$54.0M
Q4 24
$351.0M
$404.0M
Q3 24
$378.0M
$485.0M
Q2 24
$303.0M
$291.0M
FCF Margin
MAS
MAS
QSR
QSR
Q1 26
Q4 25
20.7%
18.4%
Q3 25
21.6%
21.7%
Q2 25
13.2%
17.1%
Q1 25
-10.5%
2.6%
Q4 24
19.2%
17.6%
Q3 24
19.1%
21.2%
Q2 24
14.5%
14.0%
Capex Intensity
MAS
MAS
QSR
QSR
Q1 26
1.8%
Q4 25
2.6%
4.1%
Q3 25
2.1%
2.5%
Q2 25
1.8%
1.6%
Q1 25
1.8%
3.0%
Q4 24
3.1%
3.4%
Q3 24
1.9%
2.4%
Q2 24
2.1%
2.1%
Cash Conversion
MAS
MAS
QSR
QSR
Q1 26
Q4 25
2.53×
3.58×
Q3 25
2.41×
1.36×
Q2 25
1.13×
1.71×
Q1 25
-0.85×
0.53×
Q4 24
2.24×
1.33×
Q3 24
2.49×
1.51×
Q2 24
1.34×
0.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAS
MAS

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%

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