QSR vs. PM
QSR (Restaurant Brands International Inc.) and PM (Philip Morris International Inc.) are both stocks. QSR operates in Restaurants (Consumer Cyclical), while PM operates in Tobacco (Consumer Defensive). Over the past 10 years, QSR returned 8.75%/yr vs 11.28%/yr for PM. At a 0.23 correlation, their price movements are largely independent.
Performance
QSR vs. PM - Performance Comparison
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Returns By Period
In the year-to-date period, QSR achieves a 7.43% return, which is significantly lower than PM's 12.15% return. Over the past 10 years, QSR has underperformed PM with an annualized return of 8.75%, while PM has yielded a comparatively higher 11.28% annualized return.
QSR
- 1D
- 1.16%
- 1M
- -8.84%
- YTD
- 7.43%
- 6M
- 0.56%
- 1Y
- 5.72%
- 3Y*
- 2.34%
- 5Y*
- 4.56%
- 10Y*
- 8.75%
PM
- 1D
- 1.89%
- 1M
- 4.27%
- YTD
- 12.15%
- 6M
- 22.81%
- 1Y
- 1.58%
- 3Y*
- 30.53%
- 5Y*
- 18.22%
- 10Y*
- 11.28%
QSR vs. PM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QSR Restaurant Brands International Inc. | 7.43% | 8.64% | -13.80% | 24.64% | 10.72% | 2.72% | -0.34% | 25.61% | -12.15% | 30.69% |
PM Philip Morris International Inc. | 12.15% | 37.99% | 34.34% | -1.85% | 12.31% | 20.78% | 3.69% | 35.02% | -33.30% | 19.85% |
Correlation
The correlation between QSR and PM is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2014 | 0.23 |
Over the past year, the correlation between QSR and PM has dropped to 0.01 - well below their long-term average of 0.23, suggesting their price drivers have been diverging.
Fundamentals
QSR:
$33.35B
PM:
$278.64B
QSR:
$2.09
PM:
$7.12
QSR:
34.81
PM:
25.05
QSR:
3.47
PM:
6.70
QSR:
$9.59B
PM:
$41.49B
QSR:
$3.17B
PM:
$27.93B
QSR:
$2.49B
PM:
$17.74B
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Return for Risk
QSR vs. PM — Risk / Return Rank
QSR
PM
QSR vs. PM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Restaurant Brands International Inc. (QSR) and Philip Morris International Inc. (PM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| QSR | PM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.03 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 0.07 | +0.35 |
| Martin ratioReturn relative to average drawdown | 0.92 | 0.14 | +0.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QSR | PM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | 0.05 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.81 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.46 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.53 | -0.19 |
Drawdowns
QSR vs. PM - Drawdown Comparison
The maximum QSR drawdown since its inception was -63.03%, which is greater than PM's maximum drawdown of -42.87%. Use the drawdown chart below to compare losses from any high point for QSR and PM.
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Drawdown Indicators
| QSR | PM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.03% | -42.87% | -20.16% |
Max Drawdown (1Y)Largest decline over 1 year | -13.29% | -20.64% | +7.35% |
Max Drawdown (3Y)Largest decline over 3 years | -24.53% | -20.64% | -3.89% |
Max Drawdown (5Y)Largest decline over 5 years | -29.27% | -22.78% | -6.49% |
Max Drawdown (10Y)Largest decline over 10 years | -63.03% | -42.87% | -20.16% |
Current DrawdownCurrent decline from peak | -11.03% | -7.07% | -3.96% |
Average DrawdownAverage peak-to-trough decline | -12.05% | -10.03% | -2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.09% | 10.78% | -4.69% |
Volatility
QSR vs. PM - Volatility Comparison
The current volatility for Restaurant Brands International Inc. (QSR) is 5.97%, while Philip Morris International Inc. (PM) has a volatility of 9.65%. This indicates that QSR experiences smaller price fluctuations and is considered to be less risky than PM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QSR | PM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.97% | 9.65% | -3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 17.18% | 20.91% | -3.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.11% | 27.60% | -4.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.63% | 22.70% | -0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.52% | 24.44% | +3.08% |
Dividends
QSR vs. PM - Dividend Comparison
QSR's dividend yield for the trailing twelve months is around 3.45%, more than PM's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PM Philip Morris International Inc. | 3.23% | 3.52% | 4.40% | 5.46% | 4.98% | 5.16% | 5.73% | 5.43% | 6.73% | 3.99% | 4.50% | 4.60% |
QSR Restaurant Brands International Inc. | 3.45% | 3.63% | 3.56% | 2.82% | 3.34% | 3.49% | 3.40% | 3.14% | 3.44% | 1.27% | 1.30% | 1.18% |
Financials
QSR vs. PM - Financials Comparison
This section allows you to compare key financial metrics between Restaurant Brands International Inc. and Philip Morris International Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
QSR vs. PM - Profitability Comparison
QSR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Restaurant Brands International Inc. reported a gross profit of 0.00 and revenue of 2.26B. Therefore, the gross margin over that period was 0.0%.
PM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a gross profit of 6.91B and revenue of 10.15B. Therefore, the gross margin over that period was 68.1%.
QSR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Restaurant Brands International Inc. reported an operating income of 606.00M and revenue of 2.26B, resulting in an operating margin of 26.8%.
PM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported an operating income of 3.89B and revenue of 10.15B, resulting in an operating margin of 38.4%.
QSR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Restaurant Brands International Inc. reported a net income of 338.00M and revenue of 2.26B, resulting in a net margin of 14.9%.
PM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a net income of 2.44B and revenue of 10.15B, resulting in a net margin of 24.0%.
Frequently Asked Questions
QSR and PM have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PM has higher volatility (9.65%) compared to QSR (5.97%). In terms of maximum drawdown, QSR dropped -63.03% vs PM's -42.87%.
QSR currently has the higher Sharpe Ratio (0.24 vs 0.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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