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Side-by-side financial comparison of Restaurant Brands International Inc. (QSR) and Rockwell Automation (ROK). 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 $2.1B, roughly 1.2× Rockwell Automation). Rockwell Automation runs the higher net margin — 14.5% vs 6.3%, a 8.2% gap on every dollar of revenue. On growth, Rockwell Automation posted the faster year-over-year revenue change (11.9% vs 7.4%). Restaurant Brands International Inc. produced more free cash flow last quarter ($453.0M vs $170.0M). Over the past eight quarters, Restaurant Brands International Inc.'s revenue compounded faster (19.1% CAGR vs -0.5%).

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....

Rockwell Automation, Inc. is an American provider of industrial automation and digital transformation technologies headquartered in Milwaukee, Wisconsin. Its brands include Allen-Bradley, FactoryTalk software and LifecycleIQ Services. Rockwell Automation employs approximately 27,000 people and has customers in more than 100 countries worldwide.

QSR vs ROK — Head-to-Head

Bigger by revenue
QSR
QSR
1.2× larger
QSR
$2.5B
$2.1B
ROK
Growing faster (revenue YoY)
ROK
ROK
+4.5% gap
ROK
11.9%
7.4%
QSR
Higher net margin
ROK
ROK
8.2% more per $
ROK
14.5%
6.3%
QSR
More free cash flow
QSR
QSR
$283.0M more FCF
QSR
$453.0M
$170.0M
ROK
Faster 2-yr revenue CAGR
QSR
QSR
Annualised
QSR
19.1%
-0.5%
ROK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
QSR
QSR
ROK
ROK
Revenue
$2.5B
$2.1B
Net Profit
$155.0M
$305.0M
Gross Margin
48.3%
Operating Margin
25.2%
20.7%
Net Margin
6.3%
14.5%
Revenue YoY
7.4%
11.9%
Net Profit YoY
-57.1%
65.8%
EPS (diluted)
$0.33
$2.69

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
QSR
QSR
ROK
ROK
Q4 25
$2.5B
$2.1B
Q3 25
$2.4B
$2.3B
Q2 25
$2.4B
$2.1B
Q1 25
$2.1B
$2.0B
Q4 24
$2.3B
$1.9B
Q3 24
$2.3B
$2.0B
Q2 24
$2.1B
$2.1B
Q1 24
$1.7B
$2.1B
Net Profit
QSR
QSR
ROK
ROK
Q4 25
$155.0M
$305.0M
Q3 25
$436.0M
$138.0M
Q2 25
$263.0M
$295.0M
Q1 25
$221.0M
$252.0M
Q4 24
$361.0M
$184.0M
Q3 24
$357.0M
$239.1M
Q2 24
$399.0M
$232.0M
Q1 24
$328.0M
$266.2M
Gross Margin
QSR
QSR
ROK
ROK
Q4 25
48.3%
Q3 25
69.4%
Q2 25
40.9%
Q1 25
40.5%
Q4 24
38.4%
Q3 24
37.9%
Q2 24
38.8%
Q1 24
65.2%
39.2%
Operating Margin
QSR
QSR
ROK
ROK
Q4 25
25.2%
20.7%
Q3 25
27.1%
2.7%
Q2 25
20.0%
16.0%
Q1 25
20.6%
14.9%
Q4 24
27.7%
17.1%
Q3 24
25.2%
13.5%
Q2 24
31.9%
12.4%
Q1 24
31.3%
14.6%
Net Margin
QSR
QSR
ROK
ROK
Q4 25
6.3%
14.5%
Q3 25
17.8%
6.0%
Q2 25
10.9%
13.8%
Q1 25
10.5%
12.6%
Q4 24
15.7%
9.8%
Q3 24
15.6%
11.7%
Q2 24
19.2%
11.3%
Q1 24
18.9%
12.5%
EPS (diluted)
QSR
QSR
ROK
ROK
Q4 25
$0.33
$2.69
Q3 25
$0.96
$1.24
Q2 25
$0.57
$2.60
Q1 25
$0.49
$2.22
Q4 24
$0.79
$1.61
Q3 24
$0.79
$2.09
Q2 24
$0.88
$2.02
Q1 24
$0.72
$2.31

Balance Sheet & Financial Strength

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

Metric
QSR
QSR
ROK
ROK
Cash + ST InvestmentsLiquidity on hand
$444.0M
Total DebtLower is stronger
$13.3B
Stockholders' EquityBook value
$3.6B
$3.7B
Total Assets
$25.6B
$11.2B
Debt / EquityLower = less leverage
3.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QSR
QSR
ROK
ROK
Q4 25
$444.0M
Q3 25
$468.0M
Q2 25
$495.0M
Q1 25
$456.0M
Q4 24
$477.0M
Q3 24
$471.3M
Q2 24
$407.0M
Q1 24
$470.5M
Total Debt
QSR
QSR
ROK
ROK
Q4 25
$13.3B
Q3 25
$13.5B
$2.6B
Q2 25
$13.6B
Q1 25
$13.6B
Q4 24
$13.6B
Q3 24
$13.7B
$2.6B
Q2 24
$13.7B
Q1 24
$12.9B
Stockholders' Equity
QSR
QSR
ROK
ROK
Q4 25
$3.6B
$3.7B
Q3 25
$3.4B
$3.7B
Q2 25
$3.3B
$3.5B
Q1 25
$3.1B
$3.4B
Q4 24
$3.1B
$3.4B
Q3 24
$3.2B
$3.5B
Q2 24
$3.1B
$3.3B
Q1 24
$3.0B
$3.5B
Total Assets
QSR
QSR
ROK
ROK
Q4 25
$25.6B
$11.2B
Q3 25
$25.7B
$11.2B
Q2 25
$25.7B
$11.2B
Q1 25
$24.9B
$11.0B
Q4 24
$24.6B
$10.9B
Q3 24
$25.1B
$11.2B
Q2 24
$24.8B
$11.2B
Q1 24
$23.1B
$11.4B
Debt / Equity
QSR
QSR
ROK
ROK
Q4 25
3.65×
Q3 25
3.99×
0.72×
Q2 25
4.10×
Q1 25
4.37×
Q4 24
4.39×
Q3 24
4.22×
0.73×
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
QSR
QSR
ROK
ROK
Operating Cash FlowLast quarter
$555.0M
$234.0M
Free Cash FlowOCF − Capex
$453.0M
$170.0M
FCF MarginFCF / Revenue
18.4%
8.1%
Capex IntensityCapex / Revenue
4.1%
3.0%
Cash ConversionOCF / Net Profit
3.58×
0.77×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QSR
QSR
ROK
ROK
Q4 25
$555.0M
$234.0M
Q3 25
$592.0M
$454.0M
Q2 25
$449.0M
$527.0M
Q1 25
$118.0M
$199.0M
Q4 24
$481.0M
$364.0M
Q3 24
$540.0M
$432.3M
Q2 24
$334.0M
$279.1M
Q1 24
$148.0M
$119.8M
Free Cash Flow
QSR
QSR
ROK
ROK
Q4 25
$453.0M
$170.0M
Q3 25
$531.0M
Q2 25
$411.0M
$489.0M
Q1 25
$54.0M
$171.0M
Q4 24
$404.0M
$293.0M
Q3 24
$485.0M
Q2 24
$291.0M
$238.4M
Q1 24
$122.0M
$68.6M
FCF Margin
QSR
QSR
ROK
ROK
Q4 25
18.4%
8.1%
Q3 25
21.7%
Q2 25
17.1%
22.8%
Q1 25
2.6%
8.5%
Q4 24
17.6%
15.6%
Q3 24
21.2%
Q2 24
14.0%
11.6%
Q1 24
7.0%
3.2%
Capex Intensity
QSR
QSR
ROK
ROK
Q4 25
4.1%
3.0%
Q3 25
2.5%
Q2 25
1.6%
1.8%
Q1 25
3.0%
1.4%
Q4 24
3.4%
3.8%
Q3 24
2.4%
Q2 24
2.1%
2.0%
Q1 24
1.5%
2.4%
Cash Conversion
QSR
QSR
ROK
ROK
Q4 25
3.58×
0.77×
Q3 25
1.36×
3.29×
Q2 25
1.71×
1.79×
Q1 25
0.53×
0.79×
Q4 24
1.33×
1.98×
Q3 24
1.51×
1.81×
Q2 24
0.84×
1.20×
Q1 24
0.45×
0.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

ROK
ROK

Productsand Solutions$1.9B89%
Lifecycle Services Segment$259.0M12%

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