Is the Restaurants sector outperforming S&P 500?
Restaurants has underperformed S&P 500 by 16.9% over 52 weeks and 7% over 13 weeks. 12 of 29 covered companies beat the S&P 500 on Mansfield relative strength, while 12 of 29 beat the sector itself.
20-quarter listed-company comparison
Restaurants Stocks
Restaurants: Starbucks Corporation owns the largest revenue base; Dutch Bros Inc. has the fastest current growth.
The industry itself · before any single company
How has Restaurants moved against S&P 500?
The line below covers 5.2 years. Over the most recent two of them this industry is 24% behind S&P 500. Earnings across its companies grew 3% on average over the last four reported quarters — close to flat.
FADING · −3 in 4w~Price down, no fundamental support13 of 35 companies ahead of S&P 500 by 5% or more over three months2 are 20% or more behind over a year while earnings grew 20% or more
RS ↑1w · 16/35 >200d (−7) · 13/35 lead (−3) · EPS 17/34↑
Restaurants, equal-weighted, based at 200
S&P 500, same base, same start
trailing 12-month earnings per share rising
falling
Strength anatomy
MixedHow much of the industry is participating, how recently, and whether the movers score well.
Together13 of 35 stocks moving
Fresh0 crossed in the last 4 weeks
Backed by scoresmovers score +4 vs the industry average
Down the cap ladder — bar is now, tick is four weeks ago
Large
0/70
Mid
7/130
Small
6/15−3
Participation is not spreading downward this month; the larger companies are still carrying most of it.
Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 35 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Sector relative strength · before individual stocks
Is Restaurants outperforming S&P 500?
Restaurants has underperformed S&P 500 by 16.9% over the last 52 weeks. Over 13 weeks the gap is a lead of 7%. 12 of 29 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. BJ's Restaurants, Inc. is the strongest against the sector itself at +57%.
+7.0%Sector vs S&P 500 · 13 weeks
-16.9%Sector vs S&P 500 · 52 weeks
12/29Stocks leading S&P 500
12/29Stocks leading sector
Sector metric: — as of latest available · unclassified · direction unavailable.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Restaurants has underperformed S&P 500 by 16.9% over 52 weeks and 7% over 13 weeks. 12 of 29 covered companies beat the S&P 500 on Mansfield relative strength, while 12 of 29 beat the sector itself. Starbucks Corporation leads with revenue of $38,472 million, based on 25 of 29 comparable companies through Mar 2026.
Which Restaurants company is largest by revenue?
Starbucks Corporation leads with revenue of $38,472 million, based on 25 of 29 comparable companies through Mar 2026.
Which Restaurants company is growing fastest?
Dutch Bros Inc. has the fastest current revenue growth at 28.4%, across 25 of 29 comparable companies.
Which Restaurants company has the strongest 4-Factor Sector Score?
Brinker International, Inc. ranks first at 67.2/100 with 82% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Restaurants company reports the most CAPEX?
McDonald's Corporation reports the largest latest CAPEX at $682 million, with 29 of 29 companies comparable.
Which Restaurants company has the least gross debt?
Cannae Holdings, Inc. has the lowest comparable gross debt at $204 million. McDonald's Corporation has the highest at $54,881 million.
Which Restaurants company has the lowest comparable PEG?
Arcos Dorados Holdings Inc. has the lowest comparable Guarded PEG at 0.18, among 16 of 29 companies that pass the metric’s comparability rules.
How much history does this Restaurants comparison include?
The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Companies
29
complete canonical membership
Combined market value
$546.9B
McDonald's Corporation
Revenue growing
20/25
positive TTM year-on-year growth
Beating S&P 500
12/29
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Brinker International, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 82% evidence confidence.
Texas Roadhouse, Inc. looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Texas Roadhouse, Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.
1. Brinker International, Inc. · EAT
67.2/100 · Favorable setup · 82% evidence
Exact sum: 22.3 + 11.2 + 15.5 + 18.2 = 67.2
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
22.3/35Growth & earnings
Revenue 11.8% · PAT 38.9% · OPM change 0.3 pp
83% evidence
11.2/25Capital efficiency
ROCE 8.3% · debt/equity 4.25×
80% evidence
15.5/20Valuation
P/E 14.4× · PEG 0.35
65% evidence
18.2/20Relative strength
RS sector 24.6% · RS bench 24.1% · 1Y 27.2%
100% evidence
2. Texas Roadhouse, Inc. · TXRH
60.4/100 · Mixed-positive evidence · 72% evidence
Exact sum: 14.8 + 15 + 13.6 + 17 = 60.4
Decision use: Price leads the evidence: RS versus the benchmark is 9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
14.8/35Growth & earnings
Revenue 13.1% · PAT 2.5% · OPM change -3.1 pp
53% evidence
15.0/25Capital efficiency
ROCE 5.6% · debt/equity 0.69×
80% evidence
13.6/20Valuation
P/E 26.4× · PEG 0.65
65% evidence
17.0/20Relative strength
RS sector 9.2% · RS bench 9% · 1Y 11.9%
100% evidence
3. Arcos Dorados Holdings Inc. · ARCO
59.3/100 · Mixed-positive evidence · 76% evidence
Exact sum: 23 + 8.8 + 16.5 + 11 = 59.3
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23.0/35Growth & earnings
Revenue 7.9% · PAT 74.1% · OPM change 1 pp
83% evidence
8.8/25Capital efficiency
ROCE 2.3% · debt/equity 2.79×
80% evidence
16.5/20Valuation
P/E 7.4× · PEG 0.18
65% evidence
11.0/20Relative strength
RS sector 0.1% · RS bench 0.2% · 1Y 28.7%
70% evidence
4. Domino's Pizza, Inc. · DPZ
58.9/100 · Thin evidence · provisional · 53% evidence
Exact sum: 23.3 + 18.9 + 10.8 + 5.9 = 58.9
Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
23.3/35Growth & earnings
Revenue — · PAT — · OPM change 1.1 pp
45% evidence
18.9/25Capital efficiency
ROCE 35.8% · debt/equity —
57% evidence
10.8/20Valuation
P/E 18.4× · PEG —
15% evidence
5.9/20Relative strength
RS sector -15.4% · RS bench -16% · 1Y -24.8%
100% evidence
5. Yum! Brands, Inc. · YUM
58.6/100 · Mixed-positive evidence · 76% evidence
Exact sum: 24.5 + 16.6 + 12.4 + 5.1 = 58.6
Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -8.5% and the one-year return is 3.4%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
24.5/35Growth & earnings
Revenue 9.7% · PAT 22% · OPM change 0.6 pp
83% evidence
16.6/25Capital efficiency
ROCE 12.2% · debt/equity —
57% evidence
12.4/20Valuation
P/E 25.1× · PEG 1.07
65% evidence
5.1/20Relative strength
RS sector -8.5% · RS bench -8.6% · 1Y 3.4%
100% evidence
6. Restaurant Brands International Inc. · QSR
58.0/100 · Mixed-positive evidence · 82% evidence
Exact sum: 23.2 + 13.9 + 13.6 + 7.3 = 58
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23.2/35Growth & earnings
Revenue 9.3% · PAT 6.2% · OPM change 6.2 pp
83% evidence
13.9/25Capital efficiency
ROCE 11.3% · debt/equity 2.96×
80% evidence
13.6/20Valuation
P/E 26.8× · PEG 0.49
65% evidence
7.3/20Relative strength
RS sector -1.7% · RS bench -1.6% · 1Y 10.1%
100% evidence
7. The Cheesecake Factory Incorporated · CAKE
57.8/100 · Mixed-positive evidence · 72% evidence
Exact sum: 15.6 + 7.1 + 15.7 + 19.4 = 57.8
Decision use: Price leads the evidence: RS versus the benchmark is 36.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
15.6/35Growth & earnings
Revenue 8.1% · PAT 30.5% · OPM change -0.4 pp
53% evidence
7.1/25Capital efficiency
ROCE 2.2% · debt/equity 4.67×
80% evidence
15.7/20Valuation
P/E 16× · PEG 0.3
65% evidence
19.4/20Relative strength
RS sector 37% · RS bench 36.8% · 1Y 42.7%
100% evidence
8. Darden Restaurants, Inc. · DRI
57.4/100 · Mixed-positive evidence · 86% evidence
Exact sum: 25.2 + 11.7 + 12.3 + 8.2 = 57.4
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
25.2/35Growth & earnings
Revenue 9.4% · PAT 15.4% · OPM change 2.2 pp
95% evidence
11.7/25Capital efficiency
ROCE 5.1% · debt/equity 2.74×
80% evidence
12.3/20Valuation
P/E 19.6× · PEG 1.16
65% evidence
8.2/20Relative strength
RS sector -2.4% · RS bench -2.7% · 1Y 1.7%
100% evidence
9. El Pollo Loco Holdings, Inc. · LOCO
57.3/100 · Thin evidence · provisional · 53% evidence
Exact sum: 18.2 + 11.9 + 11.2 + 16 = 57.3
Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
18.2/35Growth & earnings
Revenue — · PAT — · OPM change 0.7 pp
45% evidence
11.9/25Capital efficiency
ROCE 2.3% · debt/equity 0.77×
80% evidence
11.2/20Valuation
P/E 14.2× · PEG —
15% evidence
16.0/20Relative strength
RS sector 24.7% · RS bench 25.1% · 1Y 56.1%
70% evidence
10. BJ's Restaurants, Inc. · BJRI
56.7/100 · Thin evidence · provisional · 56% evidence
Exact sum: 20.6 + 8.2 + 10.9 + 17 = 56.7
Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
20.6/35Growth & earnings
Revenue 6.7% · PAT 90% · OPM change 3.9 pp
53% evidence
8.2/25Capital efficiency
ROCE 1.3% · debt/equity 1.24×
80% evidence
10.9/20Valuation
P/E 17.7× · PEG —
15% evidence
17.0/20Relative strength
RS sector 57% · RS bench 57.3% · 1Y 101.8%
70% evidence
11. Dutch Bros Inc. · BROS
52.6/100 · Mixed-positive evidence · 72% evidence
Exact sum: 20.5 + 8.4 + 8.9 + 14.8 = 52.6
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20.5/35Growth & earnings
Revenue 28.4% · PAT 63.9% · OPM change -1.3 pp
83% evidence
8.4/25Capital efficiency
ROCE 1.3% · debt/equity 1.26×
80% evidence
8.9/20Valuation
P/E 79.2× · PEG —
15% evidence
14.8/20Relative strength
RS sector 3.4% · RS bench 2.9% · 1Y 14%
100% evidence
12. Dine Brands Global, Inc. · DIN
52.0/100 · Mixed-positive evidence · 60% evidence
Exact sum: 10.2 + 16.3 + 10.4 + 15.1 = 52
Decision use: Price leads the evidence: RS versus the benchmark is 12.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
10.2/35Growth & earnings
Revenue 8.4% · PAT -70.9% · OPM change -4 pp
83% evidence
16.3/25Capital efficiency
ROCE 12.3% · debt/equity —
57% evidence
10.4/20Valuation
P/E 21.3× · PEG —
15% evidence
15.1/20Relative strength
RS sector 12.8% · RS bench 12.9% · 1Y 65.7%
70% evidence
13. Super Hi International Holding Ltd. · HDL
51.7/100 · Mixed-positive evidence · 76% evidence
Exact sum: 19.8 + 11.5 + 14.4 + 6 = 51.7
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19.8/35Growth & earnings
Revenue 10.1% · PAT -26.3% · OPM change 2.9 pp
83% evidence
11.5/25Capital efficiency
ROCE 2.5% · debt/equity 0.57×
80% evidence
14.4/20Valuation
P/E 24.3× · PEG 0.41
65% evidence
6.0/20Relative strength
RS sector -8.7% · RS bench -19.3% · 1Y -31.4%
70% evidence
14. Biglari Holdings Inc. · BH
49.6/100 · Thin evidence · provisional · 59% evidence
Exact sum: 20.4 + 7.4 + 8.7 + 13.1 = 49.6
Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
20.4/35Growth & earnings
Revenue 8.4% · PAT — · OPM change 4.9 pp
62% evidence
7.4/25Capital efficiency
ROCE -0.5% · debt/equity 0.69×
80% evidence
8.7/20Valuation
P/E 138.1× · PEG —
15% evidence
13.1/20Relative strength
RS sector 3.3% · RS bench 2.9% · 1Y 25.9%
70% evidence
15. Yum China Holdings, Inc. · YUMC
48.1/100 · Mixed-negative evidence · 82% evidence
Exact sum: 17.9 + 16.1 + 9.3 + 4.8 = 48.1
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17.9/35Growth & earnings
Revenue 6.7% · PAT 3.6% · OPM change 0.3 pp
83% evidence
16.1/25Capital efficiency
ROCE 5.2% · debt/equity 0.31×
80% evidence
9.3/20Valuation
P/E 18.7× · PEG 2.03
65% evidence
4.8/20Relative strength
RS sector -9.4% · RS bench -9.6% · 1Y -2.5%
100% evidence
16. Wingstop Inc. · WING
46.7/100 · Mixed-negative evidence · 66% evidence
Exact sum: 20.2 + 15.4 + 9.3 + 1.8 = 46.7
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20.2/35Growth & earnings
Revenue 9.1% · PAT -34.9% · OPM change 5 pp
83% evidence
15.4/25Capital efficiency
ROCE 8.7% · debt/equity —
57% evidence
9.3/20Valuation
P/E 38.4× · PEG —
15% evidence
1.8/20Relative strength
RS sector -42.2% · RS bench -43% · 1Y -62.1%
100% evidence
17. Bloomin' Brands, Inc. · BLMN
46.6/100 · Mixed-negative evidence · 72% evidence
Exact sum: 10.7 + 7.2 + 10.3 + 18.4 = 46.6
Decision use: Price leads the evidence: RS versus the benchmark is 13.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
10.7/35Growth & earnings
Revenue 0.9% · PAT -193.9% · OPM change 0.1 pp
83% evidence
7.2/25Capital efficiency
ROCE 2.4% · debt/equity 4.95×
80% evidence
10.3/20Valuation
P/E 21.9× · PEG —
15% evidence
18.4/20Relative strength
RS sector 13.7% · RS bench 13.5% · 1Y -1.5%
100% evidence
18. Starbucks Corporation · SBUX
46.0/100 · Mixed-negative evidence · 76% evidence
Exact sum: 18.5 + 12.4 + 4.3 + 10.8 = 46
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18.5/35Growth & earnings
Revenue 5.8% · PAT -52.2% · OPM change 1.8 pp
83% evidence
12.4/25Capital efficiency
ROCE 4.1% · debt/equity —
57% evidence
4.3/20Valuation
P/E 66.1× · PEG 5.08
65% evidence
10.8/20Relative strength
RS sector 3.2% · RS bench 3.2% · 1Y 18.8%
100% evidence
19. McDonald's Corporation · MCD
42.9/100 · Mixed-negative evidence · 76% evidence
Exact sum: 18.9 + 14.8 + 5.5 + 3.7 = 42.9
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18.9/35Growth & earnings
Revenue 6.8% · PAT 6.3% · OPM change 0.8 pp
83% evidence
14.8/25Capital efficiency
ROCE 5.5% · debt/equity —
57% evidence
5.5/20Valuation
P/E 25.6× · PEG 3.63
65% evidence
3.7/20Relative strength
RS sector -15.8% · RS bench -16% · 1Y -9.9%
100% evidence
20. CAVA Group, Inc. · CAVA
40.6/100 · Thin evidence · provisional · 57% evidence
Exact sum: 18.7 + 10.5 + 8.6 + 2.8 = 40.6
Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
18.7/35Growth & earnings
Revenue — · PAT — · OPM change 1.1 pp
39% evidence
10.5/25Capital efficiency
ROCE 2.1% · debt/equity 0.61×
80% evidence
8.6/20Valuation
P/E 182.3× · PEG —
15% evidence
2.8/20Relative strength
RS sector -13.5% · RS bench -13.6% · 1Y -22.9%
100% evidence
21. Cannae Holdings, Inc. · CNNE
38.7/100 · Mixed-negative evidence · 65% evidence
Exact sum: 9.4 + 8.3 + 11.4 + 9.6 = 38.7
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9.4/35Growth & earnings
Revenue -6.5% · PAT — · OPM change -2.3 pp
62% evidence
8.3/25Capital efficiency
ROCE -1.5% · debt/equity 0.22×
80% evidence
11.4/20Valuation
P/E 8.1× · PEG —
15% evidence
9.6/20Relative strength
RS sector -8% · RS bench -8.6% · 1Y -26.9%
100% evidence
22. Cracker Barrel Old Country Store, Inc. · CBRL
38.4/100 · Mixed-negative evidence · 80% evidence
Exact sum: 7.5 + 6.9 + 7.6 + 16.4 = 38.4
Decision use: Price leads the evidence: RS versus the benchmark is 32.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
7.5/35Growth & earnings
Revenue -4.9% · PAT -55.2% · OPM change -1 pp
95% evidence
6.9/25Capital efficiency
ROCE 0.4% · debt/equity 2.35×
80% evidence
7.6/20Valuation
P/E 26.8× · PEG 2.29
65% evidence
16.4/20Relative strength
RS sector 34.3% · RS bench 32.8% · 1Y -8.8%
70% evidence
23. The Wendy's Company · WEN
38.1/100 · Mixed-negative evidence · 76% evidence
Exact sum: 10.7 + 9.8 + 11.2 + 6.4 = 38.1
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10.7/35Growth & earnings
Revenue -1.8% · PAT -11.8% · OPM change -3.3 pp
83% evidence
9.8/25Capital efficiency
ROCE 2.3% · debt/equity 35.49×
80% evidence
11.2/20Valuation
P/E 8.7× · PEG 1.69
65% evidence
6.4/20Relative strength
RS sector -12.7% · RS bench -13.3% · 1Y -23%
70% evidence
24. First Watch Restaurant Group, Inc. · FWRG
35.8/100 · Mixed-negative evidence · 69% evidence
Exact sum: 18.7 + 7.1 + 5.3 + 4.7 = 35.8
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18.7/35Growth & earnings
Revenue 20.4% · PAT 54.5% · OPM change -0.1 pp
62% evidence
7.1/25Capital efficiency
ROCE 0.1% · debt/equity 1.64×
80% evidence
5.3/20Valuation
P/E 36.8× · PEG 3.06
65% evidence
4.7/20Relative strength
RS sector -17.7% · RS bench -18.4% · 1Y -22.5%
70% evidence
25. Kura Sushi USA, Inc. · KRUS
35.6/100 · Mixed-negative evidence · 68% evidence
Exact sum: 18 + 7.1 + 8.5 + 2 = 35.6
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18.0/35Growth & earnings
Revenue 18.2% · PAT — · OPM change 0.2 pp
71% evidence
7.1/25Capital efficiency
ROCE 0% · debt/equity 0.9×
80% evidence
8.5/20Valuation
P/E 678.8× · PEG —
15% evidence
2.0/20Relative strength
RS sector -25.9% · RS bench -26.6% · 1Y -44.1%
100% evidence
26. Chipotle Mexican Grill, Inc. · CMG
33.6/100 · Adverse evidence · 82% evidence
Exact sum: 10.5 + 11.8 + 4.6 + 6.7 = 33.6
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10.5/35Growth & earnings
Revenue 5.7% · PAT -7% · OPM change -3.8 pp
83% evidence
11.8/25Capital efficiency
ROCE 5.1% · debt/equity 2.18×
80% evidence
4.6/20Valuation
P/E 29.4× · PEG 6.18
65% evidence
6.7/20Relative strength
RS sector -13.3% · RS bench -13.9% · 1Y -21.2%
100% evidence
27. Papa John's International, Inc. · PZZA
31.9/100 · Adverse evidence · 70% evidence
Exact sum: 9.9 + 11.5 + 6.5 + 4 = 31.9
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9.9/35Growth & earnings
Revenue -2.4% · PAT -62% · OPM change -0.3 pp
83% evidence
11.5/25Capital efficiency
ROCE 3.6% · debt/equity —
57% evidence
6.5/20Valuation
P/E 38.3× · PEG 2.49
65% evidence
4.0/20Relative strength
RS sector -25.5% · RS bench -26% · 1Y -25.8%
70% evidence
28. Sweetgreen, Inc. · SG
28.8/100 · Thin evidence · provisional · 59% evidence
Exact sum: 8.8 + 6.5 + 9.1 + 4.4 = 28.8
Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8.8/35Growth & earnings
Revenue -1.5% · PAT — · OPM change -4.1 pp
62% evidence
6.5/25Capital efficiency
ROCE -4.5% · debt/equity 0.73×
80% evidence
9.1/20Valuation
P/E 39.2× · PEG —
15% evidence
4.4/20Relative strength
RS sector -18.3% · RS bench -18.8% · 1Y -46.7%
70% evidence
29. Shake Shack Inc. · SHAK
25.6/100 · Thin evidence · provisional · 59% evidence
Exact sum: 10.6 + 5.6 + 8.8 + 0.6 = 25.6
Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
10.6/35Growth & earnings
Revenue — · PAT — · OPM change -7 pp
45% evidence
5.6/25Capital efficiency
ROCE -0.2% · debt/equity 1.66×
80% evidence
8.8/20Valuation
P/E 93.5× · PEG —
15% evidence
0.6/20Relative strength
RS sector -30.8% · RS bench -31.3% · 1Y -43.5%
100% evidence
01 · compare level, then change
Revenue Scale & Growth Durability
Starbucks Corporation has the highest Revenue among the 29 Restaurants companies compared here, at $38,472 million. McDonald's Corporation is next at $27,447 million. Dutch Bros Inc. has the highest Revenue growth at 28.4%, so level and change sit with different companies. 25 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Starbucks Corporation is the scale leader at $38,472 million, 40.2% ahead of McDonald's Corporation. Dutch Bros Inc.'s growth is 28.4% from a $1,748 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderStarbucks Corporation · $38,472 million
Gap40.2% versus #2 · McDonald's Corporation
Persistence7/8 recent comparable periods
Coverage25/29 companies · 536 observations
Investor read: Starbucks Corporation is the scale benchmark; Dutch Bros Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Starbucks Corporation's growth falls below Dutch Bros Inc.'s for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Starbucks Corporation SBUX$38.5B
2McDonald's Corporation MCD$27.4B
3Darden Restaurants, Inc. DRI$13.2B
4Chipotle Mexican Grill, Inc. CMG$12.1B
5Yum China Holdings, Inc. YUMC$12.1B
Revenue growthfastest growers
1Dutch Bros Inc. BROS28%
2First Watch Restaurant Group, Inc. FWRG20%
3Kura Sushi USA, Inc. KRUS18%
4Texas Roadhouse, Inc. TXRH13%
5Brinker International, Inc. EAT12%
Revenue · company comparison
25/29 level · 25/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Full 20-quarter history · every available company
Revenue · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
$876M
$926M
$980M
$1.0B
$956M
$1.0B
$1.1B
$1.1B
$1.0B
$1.1B
$1.1B
$1.2B
$1.1B
$1.4B
$1.4B
$1.5B
$1.3B
$1.5B
$1.5B
—
CAVA Group, Inc. · CAVA
—
$124M
—
$159M
$136M
$139M
—
$203M
$173M
$176M
—
$259M
$233M
$244M
—
$332M
$281M
$292M
—
$438M
Chipotle Mexican Grill, Inc. · CMG
$2.0B
$2.0B
$2.0B
$2.2B
$2.2B
$2.2B
$2.4B
$2.5B
$2.5B
$2.5B
$2.7B
$3.0B
$2.8B
$2.8B
$2.9B
$3.1B
$3.0B
$3.0B
$3.1B
—
Darden Restaurants, Inc. · DRI
$2.3B
$2.3B
$2.4B
$2.6B
$2.4B
$2.5B
$2.8B
$2.8B
$2.7B
$2.7B
$3.0B
$3.0B
$2.8B
$2.9B
$3.2B
$3.3B
$3.0B
$3.1B
$3.3B
$3.7B
Domino's Pizza, Inc. · DPZ
$998M
—
$1.3B
$1.1B
$1.1B
—
$1.4B
$1.0B
$1.0B
$1.4B
$1.1B
$1.1B
$1.1B
$1.4B
$1.1B
$1.1B
$1.1B
$1.5B
$1.2B
—
Dutch Bros Inc. · BROS
$130M
$140M
$152M
$186M
$199M
$202M
$197M
$250M
$265M
$254M
$275M
$325M
$338M
$343M
$355M
$416M
$424M
$444M
$464M
—
McDonald's Corporation · MCD
$6.2B
$6.0B
$5.7B
$5.7B
$5.9B
$5.9B
$5.9B
$6.5B
$6.7B
$6.4B
$6.2B
$6.5B
$6.9B
$6.4B
$6.0B
$6.8B
$7.1B
$7.0B
$6.5B
—
Restaurant Brands International Inc. · QSR
$1.5B
$1.5B
$1.5B
$1.6B
$1.7B
$1.7B
$1.6B
$1.8B
$1.8B
$1.8B
$1.7B
$2.1B
$2.3B
$2.3B
$2.1B
$2.4B
$2.4B
$2.5B
$2.3B
—
Starbucks Corporation · SBUX
—
$8.1B
$8.1B
$7.6B
$8.2B
$8.4B
$8.7B
$8.7B
$9.2B
$9.4B
$8.6B
$9.1B
$9.1B
$9.4B
$8.8B
$9.5B
$9.6B
$9.9B
$9.5B
—
Texas Roadhouse, Inc. · TXRH
$869M
$896M
$987M
$1.0B
$993M
$1.0B
$1.2B
$1.2B
$1.1B
$1.2B
$1.3B
$1.3B
$1.3B
$1.4B
—
$1.4B
$1.5B
$1.5B
$1.6B
—
Yum China Holdings, Inc. · YUMC
$2.6B
$2.3B
$2.7B
$2.1B
$2.7B
$2.1B
$2.9B
$2.7B
$2.9B
$2.5B
$3.0B
$2.7B
$3.1B
$2.6B
$3.0B
$2.8B
$3.2B
$2.8B
$3.3B
—
Yum! Brands, Inc. · YUM
$1.6B
$1.9B
$1.5B
$1.6B
$1.6B
$2.0B
$1.6B
$1.7B
$1.7B
$2.0B
$1.6B
$1.8B
$1.8B
$2.4B
$1.8B
$1.9B
$2.0B
$2.5B
$2.1B
—
Revenue growth · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
—
—
—
1.3%
9.1%
10%
11%
5.3%
6.0%
5.4%
3.4%
12%
12%
26%
27%
21%
18%
6.9%
3.2%
—
CAVA Group, Inc. · CAVA
—
—
—
—
—
12%
—
28%
27%
27%
—
28%
35%
39%
—
28%
21%
20%
—
32%
Chipotle Mexican Grill, Inc. · CMG
—
—
—
17%
14%
11%
17%
14%
11%
15%
14%
18%
13%
13%
6.4%
3.0%
7.5%
4.9%
7.4%
—
Darden Restaurants, Inc. · DRI
—
—
—
—
6.1%
9.5%
14%
6.4%
12%
9.7%
6.8%
6.8%
1.0%
6.0%
6.2%
11%
10%
7.3%
5.9%
14%
Domino's Pizza, Inc. · DPZ
—
—
—
3.2%
7.1%
—
3.7%
-3.8%
-3.9%
—
-22%
7.1%
5.2%
2.9%
2.5%
4.3%
6.2%
6.4%
3.5%
—
Dutch Bros Inc. · BROS
—
—
—
44%
53%
44%
30%
34%
33%
26%
40%
30%
28%
35%
29%
28%
25%
29%
31%
—
McDonald's Corporation · MCD
—
—
—
-2.9%
-5.3%
-1.4%
4.1%
14%
14%
8.1%
4.6%
-0.1%
2.7%
-0.3%
-3.5%
5.4%
3.0%
9.7%
9.4%
—
Restaurant Brands International Inc. · QSR
—
—
—
14%
15%
9.3%
9.6%
8.3%
6.4%
7.8%
9.4%
17%
25%
26%
21%
16%
6.9%
7.4%
7.4%
—
Starbucks Corporation · SBUX
—
—
—
1.9%
—
3.3%
8.3%
14%
12%
11%
-1.7%
4.5%
-1.0%
0.3%
2.3%
3.8%
5.4%
5.5%
8.8%
—
Texas Roadhouse, Inc. · TXRH
—
—
—
14%
14%
13%
19%
14%
13%
15%
13%
15%
13%
24%
—
8.0%
19%
3.1%
—
—
Yum China Holdings, Inc. · YUMC
—
—
—
-13%
5.1%
-8.9%
9.3%
25%
8.5%
19%
1.4%
0.9%
5.4%
4.1%
0.8%
4.0%
4.4%
8.8%
9.7%
—
Yum! Brands, Inc. · YUM
—
—
—
2.1%
2.1%
6.8%
6.3%
3.1%
4.2%
0.8%
-2.9%
4.5%
6.9%
16%
12%
9.6%
8.4%
6.5%
15%
—
02 · compare level, then change
Operating Economics & Margin Trend
Dine Brands Global, Inc. has the highest OPM among the 29 Restaurants companies compared here, at 74.1%. McDonald's Corporation is next at 45.3%. Restaurant Brands International Inc. has the highest Margin change at +6.2 percentage points, so level and change sit with different companies. 29 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Dine Brands Global, Inc. leads opm at 74.1%; Restaurant Brands International Inc. leads margin change at +6.2 percentage points.
LeaderDine Brands Global, Inc. · 74.1%
Gap63.6% versus #2 · McDonald's Corporation
Persistence3/8 recent comparable periods
Coverage29/29 companies · 536 observations
Investor read: Dine Brands Global, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Dine Brands Global, Inc. DIN74%
2McDonald's Corporation MCD45%
3Yum! Brands, Inc. YUM31%
4Wingstop Inc. WING27%
5Restaurant Brands International Inc. QSR27%
Margin changefastest expanders
1Restaurant Brands International Inc. QSR+6.2 pp
2Wingstop Inc. WING+5.0 pp
3Biglari Holdings Inc. BH+4.9 pp
4BJ's Restaurants, Inc. BJRI+3.9 pp
5Super Hi International Holding Ltd. HDL+2.9 pp
Operating margin · company comparison
29/29 level · 29/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Dine Brands Global, Inc. DIN | 74% | −4.0 pp | Mar 2026 |
| McDonald's Corporation MCD | 45% | +0.8 pp | Mar 2026 |
| Yum! Brands, Inc. YUM | 31% | +0.6 pp | Mar 2026 |
| Wingstop Inc. WING | 27% | +5.0 pp | Mar 2026 |
| Restaurant Brands International Inc. QSR | 27% | +6.2 pp | Mar 2026 |
| Domino's Pizza, Inc. DPZ | 20% | +1.1 pp | Jun 2026 |
| The Wendy's Company WEN | 19% | −3.3 pp | Mar 2026 |
| Darden Restaurants, Inc. DRI | 14% | +2.2 pp | Jun 2026 |
| Yum China Holdings, Inc. YUMC | 14% | +0.3 pp | Mar 2026 |
| Chipotle Mexican Grill, Inc. CMG | 13% | −3.8 pp | Mar 2026 |
| Brinker International, Inc. EAT | 11% | +0.3 pp | Mar 2026 |
| El Pollo Loco Holdings, Inc. LOCO | 9.7% | +0.7 pp | Jun 2026 |
| Texas Roadhouse, Inc. TXRH | 9.0% | −3.1 pp | Mar 2026 |
| Starbucks Corporation SBUX | 8.7% | +1.8 pp | Mar 2026 |
| Dutch Bros Inc. BROS | 7.4% | −1.3 pp | Mar 2026 |
| Super Hi International Holding Ltd. HDL | 6.5% | +2.9 pp | Mar 2026 |
| CAVA Group, Inc. CAVA | 5.8% | +1.1 pp | Jun 2026 |
| The Cheesecake Factory Incorporated CAKE | 5.6% | −0.4 pp | Mar 2026 |
| Bloomin' Brands, Inc. BLMN | 5.6% | +0.1 pp | Mar 2026 |
| Arcos Dorados Holdings Inc. ARCO | 5.2% | +1.0 pp | Mar 2026 |
| Papa John's International, Inc. PZZA | 4.3% | −0.3 pp | Mar 2026 |
| BJ's Restaurants, Inc. BJRI | 3.0% | +3.9 pp | Mar 2026 |
| Cracker Barrel Old Country Store, Inc. CBRL | 0.8% | −1.0 pp | Jun 2026 |
| First Watch Restaurant Group, Inc. FWRG | 0.3% | −0.1 pp | Mar 2026 |
| Kura Sushi USA, Inc. KRUS | 0.0% | +0.2 pp | Jun 2026 |
| Shake Shack Inc. SHAK | -0.7% | −7.0 pp | Jun 2026 |
| Biglari Holdings Inc. BH | -4.2% | +4.9 pp | Mar 2026 |
| Sweetgreen, Inc. SG | -21% | −4.1 pp | Mar 2026 |
| Cannae Holdings, Inc. CNNE | -23% | −2.3 pp | Mar 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
2.9%
4.3%
5.0%
4.4%
-2.1%
4.0%
5.9%
5.5%
2.4%
5.8%
6.2%
6.1%
5.0%
12%
11%
9.8%
8.7%
12%
11%
—
CAVA Group, Inc. · CAVA
—
89%
—
-13%
-6.1%
-8.8%
—
-1.1%
3.3%
1.6%
—
3.6%
6.9%
5.6%
—
4.7%
7.0%
5.9%
—
5.8%
Chipotle Mexican Grill, Inc. · CMG
12%
8.1%
9.4%
15%
15%
14%
16%
17%
16%
14%
16%
20%
17%
15%
17%
18%
16%
14%
13%
—
Darden Restaurants, Inc. · DRI
12%
11%
12%
13%
10%
9.4%
13%
14%
9.3%
10%
13%
13%
9.8%
10%
13%
12%
11%
10%
12%
14%
Domino's Pizza, Inc. · DPZ
18%
—
17%
17%
17%
—
18%
19%
18%
18%
19%
18%
18%
19%
19%
20%
20%
19%
20%
—
Dutch Bros Inc. · BROS
-88%
-5.1%
-9.3%
1.4%
2.6%
1.9%
-0.1%
7.8%
9.3%
0.9%
9.3%
9.9%
9.6%
4.6%
8.7%
13%
9.8%
7.7%
7.4%
—
McDonald's Corporation · MCD
48%
40%
41%
30%
47%
44%
43%
48%
48%
44%
44%
45%
46%
45%
45%
47%
47%
45%
45%
—
Restaurant Brands International Inc. · QSR
36%
27%
31%
33%
33%
21%
28%
31%
32%
26%
31%
32%
25%
28%
21%
20%
27%
25%
27%
—
Starbucks Corporation · SBUX
—
18%
15%
12%
16%
14%
14%
15%
17%
18%
13%
17%
14%
12%
6.9%
9.9%
2.9%
9.0%
8.7%
—
Texas Roadhouse, Inc. · TXRH
7.1%
7.2%
9.1%
8.4%
7.6%
6.8%
8.6%
8.1%
6.6%
7.2%
10%
11%
8.0%
9.6%
—
9.3%
9.7%
6.5%
9.0%
—
Yum China Holdings, Inc. · YUMC
7.0%
28%
7.2%
3.8%
12%
2.0%
14%
9.7%
11%
4.4%
13%
9.9%
12%
5.8%
13%
11%
13%
6.6%
14%
—
Yum! Brands, Inc. · YUM
33%
27%
33%
34%
33%
29%
32%
34%
36%
30%
33%
34%
34%
28%
31%
32%
34%
29%
31%
—
Margin change · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
—
—
—
−5.6 pp
−5.0 pp
−0.3 pp
+0.9 pp
+1.1 pp
+4.5 pp
+1.8 pp
+0.3 pp
+0.6 pp
+2.6 pp
+5.7 pp
+4.8 pp
+3.7 pp
+3.7 pp
+0.1 pp
+0.3 pp
—
CAVA Group, Inc. · CAVA
—
—
—
—
—
−97.6 pp
—
+11.4 pp
+9.4 pp
+10.4 pp
—
+4.7 pp
+3.6 pp
+4.0 pp
—
+1.1 pp
+0.1 pp
+0.3 pp
—
+1.1 pp
Chipotle Mexican Grill, Inc. · CMG
—
—
—
+2.3 pp
+2.8 pp
+5.5 pp
+6.1 pp
+1.9 pp
+0.9 pp
+0.8 pp
+0.8 pp
+2.5 pp
+0.9 pp
+0.2 pp
+0.4 pp
−1.5 pp
−1.0 pp
−0.5 pp
−3.8 pp
—
Darden Restaurants, Inc. · DRI
—
—
—
—
−2.2 pp
−1.3 pp
+0.3 pp
+0.5 pp
−0.7 pp
+0.8 pp
+0.4 pp
−0.1 pp
+0.5 pp
−0.1 pp
+0.2 pp
−1.7 pp
+1.3 pp
+0.2 pp
−1.1 pp
+2.2 pp
Domino's Pizza, Inc. · DPZ
—
—
—
−1.8 pp
−1.6 pp
—
+1.3 pp
+2.4 pp
+1.9 pp
—
+1.5 pp
−1.2 pp
0.0 pp
+0.7 pp
−0.5 pp
+1.8 pp
+1.1 pp
+0.3 pp
+1.1 pp
—
Dutch Bros Inc. · BROS
—
—
—
−9.6 pp
+90.9 pp
+7.0 pp
+9.2 pp
+6.4 pp
+6.7 pp
−1.0 pp
+9.4 pp
+2.1 pp
+0.3 pp
+3.7 pp
−0.6 pp
+3.2 pp
+0.2 pp
+3.1 pp
−1.3 pp
—
McDonald's Corporation · MCD
—
—
—
−15.8 pp
−1.1 pp
+3.7 pp
+2.1 pp
+17.9 pp
+0.8 pp
+0.1 pp
+1.5 pp
−2.8 pp
−1.5 pp
+1.2 pp
+0.1 pp
+2.2 pp
+1.0 pp
+0.1 pp
+0.8 pp
—
Restaurant Brands International Inc. · QSR
—
—
—
−0.9 pp
−3.2 pp
−6.4 pp
−2.9 pp
−1.8 pp
−0.8 pp
+5.2 pp
+3.2 pp
+0.7 pp
−6.5 pp
+2.0 pp
−10.7 pp
−11.9 pp
+1.9 pp
−2.5 pp
+6.2 pp
—
Starbucks Corporation · SBUX
—
—
—
−7.5 pp
—
−4.0 pp
−0.2 pp
+2.8 pp
+1.4 pp
+4.0 pp
−1.6 pp
+1.5 pp
−2.9 pp
−6.3 pp
−5.9 pp
−6.8 pp
−11.5 pp
−2.9 pp
+1.8 pp
—
Texas Roadhouse, Inc. · TXRH
—
—
—
−1.6 pp
+0.5 pp
−0.4 pp
−0.5 pp
−0.3 pp
−1.0 pp
+0.4 pp
+1.5 pp
+2.5 pp
+1.4 pp
+2.4 pp
—
−1.3 pp
+1.7 pp
−3.1 pp
—
—
Yum China Holdings, Inc. · YUMC
—
—
—
−5.7 pp
+4.8 pp
−25.6 pp
+7.1 pp
+5.9 pp
−0.7 pp
+2.4 pp
−1.7 pp
+0.2 pp
+1.0 pp
+1.4 pp
+0.8 pp
+1.0 pp
+0.4 pp
+0.8 pp
+0.3 pp
—
Yum! Brands, Inc. · YUM
—
—
—
−1.5 pp
+0.5 pp
+2.0 pp
−1.1 pp
+0.1 pp
+2.6 pp
+1.3 pp
+0.7 pp
+0.4 pp
−2.0 pp
−2.1 pp
−1.8 pp
−2.2 pp
−0.2 pp
+1.5 pp
+0.6 pp
—
03 · compare level, then change
Profit Scale & Acceleration
McDonald's Corporation has the highest Net profit among the 29 Restaurants companies compared here, at $8,677 million. Yum! Brands, Inc. is next at $1,738 million. Arcos Dorados Holdings Inc. has the highest Profit growth at 74.1%, so level and change sit with different companies. 25 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: McDonald's Corporation leads with $8,677 million of TTM profit, 399.3% above Yum! Brands, Inc.. Arcos Dorados Holdings Inc. shows 74.1% growth from a $235 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderMcDonald's Corporation · $8,677 million
Gap399.3% versus #2 · Yum! Brands, Inc.
Persistence4/8 recent comparable periods
Coverage25/29 companies · 537 observations
Investor read: McDonald's Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1McDonald's Corporation MCD$8.7B
2Yum! Brands, Inc. YUM$1.7B
3Starbucks Corporation SBUX$1.5B
4Chipotle Mexican Grill, Inc. CMG$1.5B
5Restaurant Brands International Inc. QSR$1.4B
Profit growthfastest growers
1Arcos Dorados Holdings Inc. ARCO74%
2Dutch Bros Inc. BROS64%
3Brinker International, Inc. EAT39%
4Yum! Brands, Inc. YUM22%
5Darden Restaurants, Inc. DRI15%
Net profit · company comparison
25/29 level · 17/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Full 20-quarter history · every available company
Net profit · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
$13M
$28M
$37M
$40M
$-30M
$28M
$51M
$54M
$7M
$42M
$49M
$57M
$39M
$119M
$119M
$107M
$100M
$129M
$128M
—
CAVA Group, Inc. · CAVA
—
$-3M
—
$-20M
$-8M
$-12M
—
$-2M
$7M
$7M
—
$14M
$20M
$18M
—
$26M
$18M
$15M
—
$24M
Chipotle Mexican Grill, Inc. · CMG
$204M
$133M
$158M
$260M
$257M
$224M
$292M
$342M
$313M
$282M
$359M
$456M
$387M
$332M
$387M
$436M
$382M
$331M
$303M
—
Darden Restaurants, Inc. · DRI
$232M
$193M
$248M
$282M
$194M
$188M
$287M
$316M
$195M
$2.1B
$313M
$310M
$208M
$216M
$324M
$304M
$258M
$237M
$311M
$408M
Domino's Pizza, Inc. · DPZ
$120M
—
$156M
$102M
$101M
—
$158M
$109M
$148M
$157M
$126M
$142M
$147M
$169M
$150M
$131M
$139M
$182M
$140M
—
Dutch Bros Inc. · BROS
$-117M
$-8M
$-16M
$-2M
$2M
$-3M
$-9M
$10M
$13M
$-4M
$16M
$22M
$22M
$6M
$22M
$38M
$27M
$29M
$24M
—
McDonald's Corporation · MCD
$2.2B
$1.6B
$1.1B
$1.2B
$2.0B
$1.9B
$1.8B
$2.3B
$2.3B
$2.0B
$1.9B
$2.0B
$2.3B
$2.0B
$1.9B
$2.3B
$2.3B
$2.2B
$2.0B
—
Restaurant Brands International Inc. · QSR
$329M
$262M
$270M
$346M
$530M
$336M
$277M
$351M
$364M
$726M
$328M
$399M
$357M
$361M
$223M
$264M
$440M
$274M
$445M
—
Starbucks Corporation · SBUX
—
$1.8B
$816M
$675M
$914M
$879M
$855M
$908M
$1.1B
$1.2B
$773M
$1.1B
$910M
$781M
$384M
$559M
$133M
$293M
$511M
—
Texas Roadhouse, Inc. · TXRH
$54M
$55M
$77M
$75M
$64M
$62M
$89M
$84M
$66M
$75M
$116M
$123M
$87M
$119M
—
$116M
$127M
$87M
$126M
—
Yum China Holdings, Inc. · YUMC
$111M
$476M
$110M
$83M
$227M
$58M
$313M
$214M
$267M
$107M
$307M
$228M
$319M
$126M
$313M
$233M
$305M
$153M
$331M
—
Yum! Brands, Inc. · YUM
$528M
$330M
$399M
$224M
$331M
$371M
$300M
$418M
$416M
$463M
$314M
$367M
$382M
$423M
$253M
$374M
$397M
$535M
$432M
—
Profit growth · reported quarter history
Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
—
—
—
-47%
-331%
0.0%
38%
35%
—
50%
-3.9%
5.6%
457%
183%
143%
88%
156%
8.4%
7.6%
—
CAVA Group, Inc. · CAVA
—
—
—
—
—
—
—
—
—
—
—
—
186%
157%
—
86%
-10%
-17%
—
-7.7%
Chipotle Mexican Grill, Inc. · CMG
—
—
—
38%
26%
68%
85%
32%
22%
26%
23%
33%
24%
18%
7.8%
-4.4%
-1.3%
-0.3%
-22%
—
Darden Restaurants, Inc. · DRI
—
—
—
—
-16%
-2.6%
16%
12%
0.5%
1,028%
9.1%
-1.9%
6.7%
-90%
3.5%
-1.9%
24%
9.7%
-4.0%
34%
Domino's Pizza, Inc. · DPZ
—
—
—
-13%
-16%
—
1.3%
6.9%
47%
—
-20%
30%
-0.7%
7.6%
19%
-7.8%
-5.4%
7.7%
-6.7%
—
Dutch Bros Inc. · BROS
—
—
—
-117%
—
—
—
—
550%
—
—
120%
69%
—
38%
73%
23%
383%
9.1%
—
McDonald's Corporation · MCD
—
—
—
-46%
-7.8%
16%
63%
95%
17%
7.2%
7.1%
-13%
-2.7%
-1.1%
-3.2%
11%
1.0%
7.2%
6.1%
—
Restaurant Brands International Inc. · QSR
—
—
—
-12%
61%
28%
2.6%
1.5%
-31%
116%
18%
14%
-1.9%
-50%
-32%
-34%
23%
-24%
100%
—
Starbucks Corporation · SBUX
—
—
—
-42%
—
-50%
4.8%
35%
25%
39%
-9.6%
16%
-20%
-36%
-50%
-47%
-85%
-62%
33%
—
Texas Roadhouse, Inc. · TXRH
—
—
—
-3.9%
19%
13%
16%
12%
3.1%
21%
30%
46%
32%
59%
—
-5.7%
46%
-27%
—
—
Yum China Holdings, Inc. · YUMC
—
—
—
-57%
105%
-88%
185%
158%
18%
84%
-1.9%
6.5%
19%
18%
2.0%
2.2%
-4.4%
21%
5.8%
—
Yum! Brands, Inc. · YUM
—
—
—
-43%
-37%
12%
-25%
87%
26%
25%
4.7%
-12%
-8.2%
-8.6%
-19%
1.9%
3.9%
26%
71%
—
04 · compare level, then change
Capacity Spending & Returns On It
McDonald's Corporation has the highest CAPEX among the 29 Restaurants companies compared here, at $682 million. Starbucks Corporation is next at $273 million. Kura Sushi USA, Inc. has the highest CAPEX intensity at 16.3%, so level and change sit with different companies. 29 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: McDonald's Corporation reports $682 million of CAPEX; Kura Sushi USA, Inc. has the highest covered intensity at 16.3%. Coverage is only 29 of 29 companies and 532 reported observations, so this is partial evidence—not a complete sector rank.
LeaderMcDonald's Corporation · $682 million
Gap149.8% versus #2 · Starbucks Corporation
Persistence8/8 recent comparable periods
Coverage29/29 companies · 532 observations
Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.
This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.
CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1McDonald's Corporation MCD$682M
2Starbucks Corporation SBUX$273M
3Darden Restaurants, Inc. DRI$193M
4Chipotle Mexican Grill, Inc. CMG$180M
5Yum China Holdings, Inc. YUMC$144M
CAPEX intensityhighest reinvestment intensity
1Kura Sushi USA, Inc. KRUS16%
2Shake Shack Inc. SHAK13%
3Dutch Bros Inc. BROS12%
4CAVA Group, Inc. CAVA11%
5McDonald's Corporation MCD11%
Capital expenditure · company comparison
29/29 level · 29/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Full 20-quarter history · every available company
CAPEX · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
$37M
$37M
$35M
$41M
$47M
$49M
$41M
$48M
$47M
$43M
$51M
$58M
$57M
$49M
$80M
$80M
$59M
$64M
$51M
—
CAVA Group, Inc. · CAVA
—
$17M
—
$22M
$23M
$26M
—
$39M
$33M
$35M
—
$34M
$26M
$21M
—
$36M
$41M
$44M
—
$49M
Chipotle Mexican Grill, Inc. · CMG
$108M
$122M
$96M
$100M
$139M
$144M
$120M
$137M
$131M
$172M
$133M
$140M
$148M
$173M
$145M
$161M
$163M
$197M
$180M
—
Darden Restaurants, Inc. · DRI
$83M
$86M
$102M
$101M
$123M
$158M
$130M
$154M
$151M
$162M
$148M
$140M
$145M
$169M
$158M
$172M
$174M
$201M
$166M
$193M
Domino's Pizza, Inc. · DPZ
$17M
—
$44M
$20M
$18M
—
$37M
$19M
$21M
$46M
$20M
$24M
$27M
$42M
$15M
$20M
$21M
$64M
$15M
$24M
Dutch Bros Inc. · BROS
$39M
$44M
$40M
$44M
$51M
$53M
$43M
$59M
$65M
$61M
$57M
$64M
$57M
$43M
$46M
$54M
$70M
$71M
$57M
—
McDonald's Corporation · MCD
$502M
$687M
$401M
$438M
$531M
$529M
$503M
$526M
$570M
$757M
$547M
$628M
$794M
$807M
$551M
$744M
$1.0B
$1.1B
$682M
—
Restaurant Brands International Inc. · QSR
$24M
$36M
$10M
$18M
$24M
$48M
$18M
$30M
$25M
$47M
$26M
$43M
$55M
$77M
$64M
$38M
$61M
$102M
$58M
—
Starbucks Corporation · SBUX
—
$484M
$417M
$455M
$424M
$546M
$517M
$485M
$632M
$700M
$659M
$724M
$798M
$693M
$589M
$567M
$456M
$324M
$273M
—
Texas Roadhouse, Inc. · TXRH
$54M
$62M
$49M
$60M
$66M
$72M
$67M
$88M
$89M
$103M
$78M
$78M
$91M
$108M
—
$77M
$93M
$89M
$80M
—
Yum China Holdings, Inc. · YUMC
$179M
$207M
$205M
$142M
$162M
$170M
$179M
$153M
$167M
$211M
$189M
$169M
$165M
$182M
$137M
$122M
$126M
$241M
$144M
—
Yum! Brands, Inc. · YUM
$54M
$92M
$42M
$55M
$61M
$121M
$62M
$60M
$57M
$106M
$49M
$50M
$52M
$106M
$71M
$71M
$94M
$135M
$75M
—
CAPEX intensity · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
4.2%
4.0%
3.6%
4.0%
4.9%
4.8%
3.8%
4.5%
4.6%
4.0%
4.6%
4.8%
5.0%
3.6%
5.6%
5.5%
4.4%
4.4%
3.5%
—
CAVA Group, Inc. · CAVA
—
14%
—
14%
17%
19%
—
19%
19%
20%
—
13%
11%
8.6%
—
11%
15%
15%
—
11%
Chipotle Mexican Grill, Inc. · CMG
5.5%
6.2%
4.8%
4.5%
6.3%
6.6%
5.1%
5.4%
5.3%
6.8%
4.9%
4.7%
5.3%
6.1%
5.0%
5.3%
5.4%
6.6%
5.8%
—
Darden Restaurants, Inc. · DRI
3.6%
3.8%
4.2%
3.9%
5.0%
6.4%
4.7%
5.6%
5.5%
5.9%
5.0%
4.7%
5.3%
5.8%
5.0%
5.3%
5.7%
6.5%
5.0%
5.2%
Domino's Pizza, Inc. · DPZ
1.7%
—
3.3%
1.9%
1.7%
—
2.7%
1.9%
2.0%
3.3%
1.8%
2.2%
2.5%
2.9%
1.3%
1.7%
1.8%
4.2%
1.3%
—
Dutch Bros Inc. · BROS
30%
31%
26%
24%
26%
26%
22%
24%
25%
24%
21%
20%
17%
13%
13%
13%
17%
16%
12%
—
McDonald's Corporation · MCD
8.1%
11%
7.1%
7.7%
9.0%
8.9%
8.5%
8.1%
8.5%
12%
8.9%
9.7%
12%
13%
9.3%
11%
14%
15%
11%
—
Restaurant Brands International Inc. · QSR
1.6%
2.3%
0.7%
1.1%
1.4%
2.8%
1.1%
1.7%
1.4%
2.6%
1.5%
2.1%
2.4%
3.4%
3.0%
1.6%
2.5%
4.1%
2.6%
—
Starbucks Corporation · SBUX
—
5.9%
5.2%
6.0%
5.2%
6.5%
5.9%
5.6%
6.9%
7.5%
7.7%
7.9%
8.8%
7.4%
6.7%
6.0%
4.8%
3.3%
2.9%
—
Texas Roadhouse, Inc. · TXRH
6.2%
6.9%
5.0%
5.9%
6.6%
7.1%
5.7%
7.5%
7.9%
8.8%
5.9%
5.8%
7.1%
7.5%
—
5.3%
6.2%
6.0%
4.9%
—
Yum China Holdings, Inc. · YUMC
7.0%
9.0%
7.7%
6.7%
6.0%
8.1%
6.1%
5.8%
5.7%
8.5%
6.4%
6.3%
5.4%
7.0%
4.6%
4.4%
3.9%
8.5%
4.4%
—
Yum! Brands, Inc. · YUM
3.4%
4.9%
2.7%
3.4%
3.7%
6.0%
3.8%
3.6%
3.3%
5.2%
3.1%
2.8%
2.8%
4.5%
4.0%
3.7%
4.7%
5.4%
3.6%
—
Annual capital allocation · 6-year view
29/29 capacity base · 29/29 OCF · 29/29 CAPEX · 29/29 FCF
Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.
Full annual capacity base, operating cash flow, CAPEX and free cash flow history
Capacity base · net fixed assets + CWIP · fiscal-year history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
$1.8B
$2.0B
$1.9B
$2.0B
$2.1B
—
CAVA Group, Inc. · CAVA
—
$195M
$517M
$620M
$695M
$847M
Chipotle Mexican Grill, Inc. · CMG
—
$4.9B
$5.3B
$5.7B
$6.4B
$7.1B
Darden Restaurants, Inc. · DRI
—
$6.8B
$7.1B
$7.6B
$8.3B
$8.5B
Domino's Pizza, Inc. · DPZ
—
$535M
$521M
$512M
$511M
$544M
Dutch Bros Inc. · BROS
—
$302M
$783M
$1.1B
$1.4B
$1.7B
McDonald's Corporation · MCD
—
$38.3B
$36.3B
$38.4B
$38.6B
$42.8B
Restaurant Brands International Inc. · QSR
—
$3.2B
$3.0B
$3.1B
$4.1B
$4.3B
Starbucks Corporation · SBUX
—
$14.6B
$14.6B
$15.8B
$18.0B
$17.8B
Texas Roadhouse, Inc. · TXRH
—
$1.7B
$1.9B
$2.2B
$2.4B
$2.7B
Yum China Holdings, Inc. · YUMC
—
$4.9B
$4.3B
$4.5B
$4.6B
$4.7B
Yum! Brands, Inc. · YUM
—
$1.2B
$1.2B
$1.2B
$1.3B
$1.6B
Operating cash flow · fiscal-year history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
$370M
$252M
$256M
$422M
$679M
—
CAVA Group, Inc. · CAVA
—
$3M
$6M
$97M
$161M
$185M
Chipotle Mexican Grill, Inc. · CMG
—
$1.3B
$1.3B
$1.8B
$2.1B
$2.1B
Darden Restaurants, Inc. · DRI
—
$1.3B
$1.5B
$1.6B
$1.7B
$1.8B
Domino's Pizza, Inc. · DPZ
—
$654M
$475M
$591M
$625M
$792M
Dutch Bros Inc. · BROS
—
$80M
$60M
$140M
$246M
$296M
McDonald's Corporation · MCD
—
$9.1B
$7.4B
$9.6B
$9.4B
$10.6B
Restaurant Brands International Inc. · QSR
—
$1.7B
$1.5B
$1.3B
$1.5B
$1.6B
Starbucks Corporation · SBUX
—
$6.0B
$4.4B
$6.0B
$6.1B
$4.7B
Texas Roadhouse, Inc. · TXRH
—
$469M
$512M
$565M
$754M
$730M
Yum China Holdings, Inc. · YUMC
—
$1.1B
$1.4B
$1.5B
$1.4B
$1.5B
Yum! Brands, Inc. · YUM
—
$1.7B
$1.4B
$1.6B
$1.7B
$2.0B
CAPEX · reported cash flow · fiscal-year history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
$94M
$150M
$185M
$199M
$265M
—
CAVA Group, Inc. · CAVA
—
$56M
$104M
$139M
$108M
$159M
Chipotle Mexican Grill, Inc. · CMG
—
$442M
$479M
$561M
$594M
$666M
Darden Restaurants, Inc. · DRI
—
$377M
$565M
$601M
$645M
$734M
Domino's Pizza, Inc. · DPZ
—
$94M
$87M
$105M
$113M
$121M
Dutch Bros Inc. · BROS
—
$118M
$188M
$228M
$222M
$241M
McDonald's Corporation · MCD
—
$2.0B
$1.9B
$2.4B
$2.8B
$3.4B
Restaurant Brands International Inc. · QSR
—
$106M
$100M
$120M
$201M
$265M
Starbucks Corporation · SBUX
—
$1.5B
$1.8B
$2.3B
$2.8B
$2.3B
Texas Roadhouse, Inc. · TXRH
—
$201M
$246M
$347M
$354M
$388M
Yum China Holdings, Inc. · YUMC
—
$689M
$679M
$710M
$705M
$626M
Yum! Brands, Inc. · YUM
—
$230M
$279M
$285M
$257M
$371M
Free cash flow · fiscal-year history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
$276M
$102M
$71M
$223M
$414M
—
CAVA Group, Inc. · CAVA
—
$-53M
$-98M
$-42M
$53M
$26M
Chipotle Mexican Grill, Inc. · CMG
—
$840M
$844M
$1.2B
$1.5B
$1.4B
Darden Restaurants, Inc. · DRI
—
$879M
$981M
$1.0B
$1.1B
$1.1B
Domino's Pizza, Inc. · DPZ
—
$560M
$388M
$485M
$512M
$672M
Dutch Bros Inc. · BROS
—
$-38M
$-128M
$-89M
$25M
$54M
McDonald's Corporation · MCD
—
$7.1B
$5.5B
$7.3B
$6.7B
$7.2B
Restaurant Brands International Inc. · QSR
—
$1.6B
$1.4B
$1.2B
$1.3B
$1.3B
Starbucks Corporation · SBUX
—
$4.5B
$2.6B
$3.7B
$3.3B
$2.4B
Texas Roadhouse, Inc. · TXRH
—
$268M
$266M
$218M
$399M
$342M
Yum China Holdings, Inc. · YUMC
—
$442M
$734M
$763M
$714M
$840M
Yum! Brands, Inc. · YUM
—
$1.5B
$1.1B
$1.3B
$1.4B
$1.6B
05 · compare level, then change
Debt Load & Balance-Sheet Headroom
Cannae Holdings, Inc. has the lowest Gross debt among the 29 Restaurants companies compared here, at $204 million. Kura Sushi USA, Inc. is next at $208 million. Super Hi International Holding Ltd. has the lowest Net debt at $45 million net cash, so level and change sit with different companies.
What the numbers say: Super Hi International Holding Ltd. has the clearest covered balance-sheet capacity with $45 million net cash and gross debt of $227 million. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.
LeaderCannae Holdings, Inc. · $204 million
Gap1.9% versus #2 · Kura Sushi USA, Inc.
Persistence1/8 recent comparable periods
Coverage29/29 companies · 537 observations
Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.
This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.
Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Cannae Holdings, Inc. CNNE$204M
2Kura Sushi USA, Inc. KRUS$208M
3Super Hi International Holding Ltd. HDL$227M
4El Pollo Loco Holdings, Inc. LOCO$233M
5Sweetgreen, Inc. SG$356M
Net debtlowest net debt
1Super Hi International Holding Ltd. HDL$-45M
2Biglari Holdings Inc. BH$44M
3Cannae Holdings, Inc. CNNE$68M
4CAVA Group, Inc. CAVA$95M
5Kura Sushi USA, Inc. KRUS$164M
Debt and balance-sheet capacity · company comparison
29/29 level · 29/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Full 20-quarter history · every available company
Gross debt · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
$2.1B
$2.2B
$2.2B
$2.3B
$2.3B
$2.3B
$2.2B
$2.2B
$2.1B
$2.1B
$2.0B
$2.0B
$2.0B
$1.8B
$1.7B
$1.7B
$1.8B
$1.7B
$1.7B
—
CAVA Group, Inc. · CAVA
—
$0M
—
—
—
$318M
—
$319M
$334M
$342M
—
$351M
$359M
$370M
—
$434M
$434M
$443M
—
$498M
Chipotle Mexican Grill, Inc. · CMG
$3.5B
$3.5B
$3.6B
$3.6B
$3.7B
$3.7B
$3.8B
$3.9B
$4.0B
$4.1B
$4.2B
$4.3B
$4.5B
$4.5B
$4.6B
$4.8B
$5.0B
$5.1B
$5.2B
—
Darden Restaurants, Inc. · DRI
$4.9B
$4.8B
$4.7B
$4.7B
$4.6B
$4.7B
$4.6B
$4.6B
$5.5B
$5.5B
$5.3B
$5.2B
$5.3B
$6.3B
$6.1B
$5.9B
$6.2B
$6.4B
$6.2B
$6.1B
Domino's Pizza, Inc. · DPZ
$5.3B
—
$5.3B
$5.3B
$5.4B
—
$5.3B
$5.2B
$5.2B
$5.2B
$5.2B
$5.2B
$5.2B
$5.2B
$5.2B
$5.2B
$5.1B
$5.0B
$5.1B
$5.1B
Dutch Bros Inc. · BROS
$112M
$151M
$429M
$480M
$568M
$625M
$709M
$783M
$646M
$677M
$861M
$911M
$929M
$943M
$1.0B
$981M
$1.0B
$1.1B
$1.2B
—
McDonald's Corporation · MCD
$48.8B
$49.3B
$47.6B
$47.6B
$47.3B
$48.7B
$49.9B
$48.5B
$49.8B
$53.1B
$50.9B
$52.0B
$53.4B
$51.9B
$52.8B
$55.9B
$55.8B
$54.8B
$54.9B
—
Restaurant Brands International Inc. · QSR
$14.3B
$14.8B
$14.6B
$14.5B
$14.4B
$14.4B
$14.4B
$14.4B
$14.4B
$14.5B
$14.5B
$16.0B
$16.0B
$15.9B
$15.9B
$16.0B
$15.8B
$15.7B
$15.7B
—
Starbucks Corporation · SBUX
—
$23.6B
$23.7B
$24.9B
$23.9B
$23.8B
$23.8B
$24.5B
$24.4B
$24.6B
$25.2B
$25.3B
$25.8B
$25.9B
$26.0B
$27.9B
$26.6B
$25.5B
$24.4B
—
Texas Roadhouse, Inc. · TXRH
$815M
$745M
$773M
$757M
$773M
$753M
$718M
$740M
$757M
$771M
$794M
$808M
$831M
$854M
—
$908M
$923M
$974M
$1.1B
—
Yum China Holdings, Inc. · YUMC
$2.0B
$2.3B
$2.3B
$2.0B
$1.9B
$2.0B
$1.9B
$1.8B
$2.0B
$2.1B
$2.1B
$2.3B
$2.2B
$2.0B
$2.0B
$1.8B
$1.8B
$1.9B
$1.9B
—
Yum! Brands, Inc. · YUM
$11.3B
$11.2B
$11.4B
$11.6B
$11.6B
$11.9B
$11.7B
$11.6B
$11.5B
$11.2B
$11.2B
$11.2B
$11.2B
$11.3B
$11.4B
$11.4B
$11.6B
$11.9B
$12.0B
—
Net debt · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
$2.1B
$2.2B
$2.2B
$2.2B
$2.3B
$2.3B
$2.1B
$2.1B
$2.1B
$2.1B
$2.0B
$1.9B
$2.0B
$1.8B
$1.7B
$1.7B
$1.8B
$1.7B
$1.7B
—
CAVA Group, Inc. · CAVA
—
$-140M
—
—
—
$246M
—
$296M
$-19M
$2M
—
$22M
$15M
$3M
—
$48M
$48M
$55M
—
$95M
Chipotle Mexican Grill, Inc. · CMG
$2.5B
$2.4B
$2.7B
$2.9B
$2.9B
$2.8B
$2.7B
$2.5B
$2.6B
$2.8B
$2.7B
$2.8B
$3.1B
$3.1B
$3.2B
$3.2B
$3.6B
$4.0B
$4.4B
—
Darden Restaurants, Inc. · DRI
$4.0B
$4.1B
$4.2B
$4.2B
$4.3B
$4.4B
$4.3B
$4.2B
$5.3B
$5.3B
$5.1B
$5.0B
$5.1B
$6.1B
$5.9B
$5.7B
$5.9B
$6.2B
$5.9B
$5.8B
Domino's Pizza, Inc. · DPZ
$4.8B
—
$5.0B
$5.0B
$5.1B
—
$5.0B
$5.0B
$4.9B
$4.9B
$4.8B
$4.7B
$4.8B
$4.8B
$4.7B
$4.7B
$4.7B
$4.7B
$4.7B
$4.8B
Dutch Bros Inc. · BROS
$86M
$132M
$402M
$459M
$533M
$605M
$695M
$759M
$496M
$543M
$598M
$650M
$648M
$650M
$688M
$727M
$753M
$820M
$896M
—
McDonald's Corporation · MCD
$44.5B
$44.6B
$45.2B
$45.7B
$44.5B
$46.1B
$46.2B
$46.8B
$46.3B
$48.5B
$50.0B
$51.2B
$52.2B
$50.9B
$51.5B
$54.0B
$53.4B
$54.0B
$53.7B
—
Restaurant Brands International Inc. · QSR
$12.5B
$13.7B
$13.7B
$13.7B
$13.5B
$13.3B
$13.4B
$13.2B
$13.1B
$13.3B
$13.4B
$15.0B
$14.8B
$14.6B
$15.0B
$14.9B
$14.6B
$14.5B
$14.7B
—
Starbucks Corporation · SBUX
—
$17.0B
$19.7B
$20.9B
$20.6B
$20.6B
$20.5B
$21.1B
$20.8B
$20.6B
$22.1B
$21.9B
$22.3B
$21.9B
$23.0B
$23.4B
$23.1B
$21.9B
$22.7B
—
Texas Roadhouse, Inc. · TXRH
$378M
$409M
$447M
$577M
$588M
$579M
$562M
$633M
$688M
$667M
$581M
$611M
$642M
$609M
—
$687M
$746M
$839M
$839M
—
Yum China Holdings, Inc. · YUMC
$-2.3B
$-1.7B
$-1.4B
$-1.6B
$-2.1B
$-1.2B
$-1.1B
$-1.1B
$-1.1B
$-489M
$-339M
$-188M
$-285M
$148M
$-40M
$-347M
$-302M
$520M
$443M
—
Yum! Brands, Inc. · YUM
$10.3B
$10.8B
$11.0B
$11.2B
$11.2B
$11.5B
$11.4B
$11.1B
$10.9B
$10.7B
$10.5B
$10.8B
$10.7B
$10.7B
$10.8B
$10.7B
$10.5B
$11.2B
$11.3B
—
06 · compare level, then change
Return On Capital Employed
Domino's Pizza, Inc. has the highest ROCE among the 29 Restaurants companies compared here, at 35.8%. Dine Brands Global, Inc. is next at 12.3%. The same company also holds the highest ROCE change, at +5.2 percentage points. 29 of 29 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Domino's Pizza, Inc. leads ROCE at 35.8%, 23.5 percentage points above Dine Brands Global, Inc.. Domino's Pizza, Inc. has the strongest latest improvement at +5.2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderDomino's Pizza, Inc. · 35.8%
Gap191.1% versus #2 · Dine Brands Global, Inc.
Persistence7/8 recent comparable periods
Coverage29/29 companies · 533 observations
Investor read: Domino's Pizza, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Domino's Pizza, Inc. DPZ36%
2Dine Brands Global, Inc. DIN12%
3Yum! Brands, Inc. YUM12%
4Restaurant Brands International Inc. QSR11%
5Wingstop Inc. WING8.7%
ROCE changefastest improvers
1Domino's Pizza, Inc. DPZ+5.2 pp
2Yum! Brands, Inc. YUM+1.7 pp
3BJ's Restaurants, Inc. BJRI+1.6 pp
4Starbucks Corporation SBUX+1.3 pp
5Darden Restaurants, Inc. DRI+1.2 pp
Return on capital · company comparison
29/29 level · 29/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Domino's Pizza, Inc. DPZ | 36% | +5.2 pp | Jun 2026 |
| Dine Brands Global, Inc. DIN | 12% | −0.4 pp | Mar 2026 |
| Yum! Brands, Inc. YUM | 12% | +1.7 pp | Mar 2026 |
| Restaurant Brands International Inc. QSR | 11% | +0.9 pp | Mar 2026 |
| Wingstop Inc. WING | 8.7% | +0.6 pp | Mar 2026 |
| Brinker International, Inc. EAT | 8.3% | +0.1 pp | Mar 2026 |
| Texas Roadhouse, Inc. TXRH | 5.6% | −2.4 pp | Mar 2026 |
| McDonald's Corporation MCD | 5.5% | +0.3 pp | Mar 2026 |
| Yum China Holdings, Inc. YUMC | 5.2% | +0.7 pp | Mar 2026 |
| Chipotle Mexican Grill, Inc. CMG | 5.1% | −1.1 pp | Mar 2026 |
| Darden Restaurants, Inc. DRI | 5.1% | +1.2 pp | Jun 2026 |
| Starbucks Corporation SBUX | 4.1% | +1.3 pp | Mar 2026 |
| Papa John's International, Inc. PZZA | 3.6% | −0.5 pp | Mar 2026 |
| Super Hi International Holding Ltd. HDL | 2.5% | +1.1 pp | Mar 2026 |
| Bloomin' Brands, Inc. BLMN | 2.4% | +0.1 pp | Mar 2026 |
| Arcos Dorados Holdings Inc. ARCO | 2.3% | +0.3 pp | Mar 2026 |
| The Wendy's Company WEN | 2.3% | −0.2 pp | Mar 2026 |
| El Pollo Loco Holdings, Inc. LOCO | 2.3% | +0.1 pp | Jun 2026 |
| The Cheesecake Factory Incorporated CAKE | 2.2% | −0.1 pp | Mar 2026 |
| CAVA Group, Inc. CAVA | 2.1% | +0.6 pp | Jun 2026 |
| Dutch Bros Inc. BROS | 1.3% | −0.1 pp | Mar 2026 |
| BJ's Restaurants, Inc. BJRI | 1.3% | +1.6 pp | Mar 2026 |
| Cracker Barrel Old Country Store, Inc. CBRL | 0.4% | −0.5 pp | Jun 2026 |
| First Watch Restaurant Group, Inc. FWRG | 0.1% | 0.0 pp | Mar 2026 |
| Kura Sushi USA, Inc. KRUS | 0.0% | 0.0 pp | Jun 2026 |
| Shake Shack Inc. SHAK | -0.2% | −1.7 pp | Jun 2026 |
| Biglari Holdings Inc. BH | -0.5% | +0.7 pp | Mar 2026 |
| Cannae Holdings, Inc. CNNE | -1.5% | −0.5 pp | Mar 2026 |
| Sweetgreen, Inc. SG | -4.5% | −0.7 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
1.4%
2.1%
2.7%
2.5%
-1.1%
2.1%
3.4%
3.1%
1.3%
3.2%
3.7%
3.7%
2.9%
8.1%
8.2%
7.2%
5.8%
8.4%
8.3%
—
CAVA Group, Inc. · CAVA
—
36%
—
—
—
-3.0%
—
-0.9%
1.3%
0.4%
—
1.1%
1.8%
1.5%
—
1.5%
1.9%
1.6%
—
2.1%
Chipotle Mexican Grill, Inc. · CMG
4.5%
2.9%
3.5%
6.0%
5.7%
5.0%
6.2%
7.0%
6.2%
5.6%
6.5%
8.1%
6.4%
5.5%
6.2%
7.0%
5.9%
5.3%
5.1%
—
Darden Restaurants, Inc. · DRI
—
2.9%
3.6%
4.0%
2.9%
2.8%
4.2%
4.5%
2.9%
3.3%
4.5%
4.5%
3.0%
3.1%
4.3%
3.9%
3.5%
3.1%
4.0%
5.1%
Domino's Pizza, Inc. · DPZ
16%
—
21%
16%
16%
—
23%
18%
18%
24%
18%
16%
17%
44%
30%
31%
19%
46%
32%
36%
Dutch Bros Inc. · BROS
-38%
-2.3%
-2.9%
0.5%
0.8%
0.5%
0.0%
2.1%
2.0%
0.2%
1.7%
2.0%
1.7%
0.8%
1.4%
2.3%
1.7%
1.3%
1.3%
—
McDonald's Corporation · MCD
6.5%
5.0%
5.0%
3.7%
6.0%
5.4%
5.4%
6.7%
6.9%
5.8%
5.7%
6.0%
6.5%
5.7%
5.2%
6.1%
6.4%
5.9%
5.5%
—
Restaurant Brands International Inc. · QSR
8.8%
9.0%
9.2%
9.5%
9.8%
9.8%
10%
9.9%
10%
10%
10%
10%
9.9%
10%
10%
10%
11%
11%
11%
—
Starbucks Corporation · SBUX
—
6.5%
5.6%
4.5%
6.3%
5.7%
6.4%
6.7%
8.1%
8.8%
5.3%
7.2%
6.2%
5.3%
2.8%
4.2%
1.3%
4.2%
4.1%
—
Texas Roadhouse, Inc. · TXRH
3.3%
3.5%
4.8%
4.6%
3.9%
3.6%
5.3%
5.1%
3.9%
4.3%
6.6%
6.9%
4.8%
6.3%
—
5.9%
6.1%
3.9%
5.6%
—
Yum China Holdings, Inc. · YUMC
2.0%
6.4%
2.0%
0.8%
3.3%
0.4%
4.1%
2.6%
3.4%
1.1%
4.0%
2.9%
3.9%
1.6%
4.5%
3.4%
4.5%
2.2%
5.2%
—
Yum! Brands, Inc. · YUM
11%
12%
12%
13%
11%
13%
12%
13%
14%
13%
11%
13%
13%
13%
11%
13%
12%
12%
12%
—
ROCE change · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
—
—
—
—
−2.5 pp
0.0 pp
+0.7 pp
+0.6 pp
+2.4 pp
+1.1 pp
+0.3 pp
+0.6 pp
+1.6 pp
+4.9 pp
+4.5 pp
+3.5 pp
+2.9 pp
+0.3 pp
+0.1 pp
—
CAVA Group, Inc. · CAVA
—
—
—
—
—
−38.5 pp
—
—
—
+3.4 pp
—
+2.0 pp
+0.5 pp
+1.1 pp
—
+0.4 pp
+0.1 pp
+0.1 pp
—
+0.6 pp
Chipotle Mexican Grill, Inc. · CMG
—
—
—
—
+1.2 pp
+2.1 pp
+2.7 pp
+1.0 pp
+0.5 pp
+0.6 pp
+0.3 pp
+1.1 pp
+0.2 pp
−0.1 pp
−0.3 pp
−1.1 pp
−0.5 pp
−0.2 pp
−1.1 pp
—
Darden Restaurants, Inc. · DRI
—
—
—
—
—
−0.1 pp
+0.6 pp
+0.5 pp
0.0 pp
+0.5 pp
+0.3 pp
0.0 pp
+0.1 pp
−0.2 pp
−0.2 pp
−0.6 pp
+0.5 pp
0.0 pp
−0.3 pp
+1.2 pp
Domino's Pizza, Inc. · DPZ
—
—
—
—
+0.1 pp
—
+2.7 pp
+2.5 pp
+2.0 pp
—
−5.1 pp
−1.8 pp
−0.7 pp
+20.2 pp
+11.6 pp
+14.2 pp
+1.6 pp
+1.8 pp
+2.4 pp
+5.2 pp
Dutch Bros Inc. · BROS
—
—
—
—
+38.9 pp
+2.8 pp
+2.9 pp
+1.6 pp
+1.2 pp
−0.3 pp
+1.7 pp
−0.1 pp
−0.3 pp
+0.6 pp
−0.3 pp
+0.3 pp
0.0 pp
+0.5 pp
−0.1 pp
—
McDonald's Corporation · MCD
—
—
—
—
−0.5 pp
+0.4 pp
+0.4 pp
+3.0 pp
+0.9 pp
+0.4 pp
+0.3 pp
−0.7 pp
−0.4 pp
−0.1 pp
−0.5 pp
+0.1 pp
−0.1 pp
+0.2 pp
+0.3 pp
—
Restaurant Brands International Inc. · QSR
—
—
—
—
+1.0 pp
+0.8 pp
+0.8 pp
+0.4 pp
+0.4 pp
+0.3 pp
+0.3 pp
+0.1 pp
−0.3 pp
+0.3 pp
+0.1 pp
+0.2 pp
+0.6 pp
+0.6 pp
+0.9 pp
—
Starbucks Corporation · SBUX
—
—
—
—
—
−0.8 pp
+0.8 pp
+2.2 pp
+1.8 pp
+3.1 pp
−1.1 pp
+0.5 pp
−1.9 pp
−3.5 pp
−2.5 pp
−3.0 pp
−4.9 pp
−1.1 pp
+1.3 pp
—
Texas Roadhouse, Inc. · TXRH
—
—
—
—
+0.6 pp
+0.1 pp
+0.5 pp
+0.5 pp
0.0 pp
+0.7 pp
+1.3 pp
+1.8 pp
+0.9 pp
+2.0 pp
—
−1.0 pp
+1.3 pp
−2.4 pp
—
—
Yum China Holdings, Inc. · YUMC
—
—
—
—
+1.3 pp
−6.0 pp
+2.1 pp
+1.8 pp
+0.1 pp
+0.7 pp
−0.1 pp
+0.3 pp
+0.5 pp
+0.5 pp
+0.5 pp
+0.5 pp
+0.6 pp
+0.6 pp
+0.7 pp
—
Yum! Brands, Inc. · YUM
—
—
—
—
+0.4 pp
+1.7 pp
+0.1 pp
+0.1 pp
+2.1 pp
+0.1 pp
−0.7 pp
−0.2 pp
−0.9 pp
−0.7 pp
−0.8 pp
−0.1 pp
−0.7 pp
−0.4 pp
+1.7 pp
—
07 · compare level, then change
Valuation Against Growth & Quality
Arcos Dorados Holdings Inc. has the lowest Guarded PEG among the 29 Restaurants companies compared here, at 0.18×. The Cheesecake Factory Incorporated is next at 0.3×. The same company also holds the lowest P/E, at 7.43×. 16 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Arcos Dorados Holdings Inc. has the lowest comparable Guarded PEG at 0.18×, 40% below The Cheesecake Factory Incorporated. Only 16 of 29 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderArcos Dorados Holdings Inc. · 0.18×
Gap40% versus #2 · The Cheesecake Factory Incorporated
Persistence0/8 recent comparable periods
Coverage16/29 companies · 94 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Arcos Dorados Holdings Inc. ARCO0.2
2The Cheesecake Factory Incorporated CAKE0.3
3Brinker International, Inc. EAT0.4
4Super Hi International Holding Ltd. HDL0.4
5Restaurant Brands International Inc. QSR0.5
P/Elowest P/E
1Arcos Dorados Holdings Inc. ARCO7.4
2Cannae Holdings, Inc. CNNE8.1
3The Wendy's Company WEN8.7
4El Pollo Loco Holdings, Inc. LOCO14.2
5Brinker International, Inc. EAT14.4
Valuation · company comparison
16/29 level · 29/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Full 20-quarter history · every available company
Guarded PEG · reported quarter history
Showing the 12 largest of 18 companies with a series here. The remaining 6 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Arcos Dorados Holdings Inc. · ARCO
—
—
—
—
—
—
0.2
0.3
0.3
0.6
1.3
—
—
—
—
—
—
0.2
—
—
Brinker International, Inc. · EAT
—
—
—
—
—
—
—
—
—
—
—
0.4
0.6
—
—
—
—
—
0.4
—
Chipotle Mexican Grill, Inc. · CMG
—
—
—
—
—
—
0.9
1.0
0.9
1.3
2.3
2.2
2.1
2.2
2.2
5.1
6.2
—
—
—
Darden Restaurants, Inc. · DRI
—
—
—
—
—
—
—
2.5
1.7
1.3
1.8
2.7
2.2
3.5
—
—
2.9
2.0
3.5
1.2
Domino's Pizza, Inc. · DPZ
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.9
4.5
5.3
4.6
—
—
McDonald's Corporation · MCD
—
—
—
—
—
—
—
0.8
0.5
0.7
0.9
4.3
—
—
—
—
—
—
3.6
—
Restaurant Brands International Inc. · QSR
—
—
—
—
—
—
1.0
0.9
—
1.3
1.1
0.8
0.5
—
—
—
—
—
—
—
Starbucks Corporation · SBUX
—
—
—
—
—
—
—
—
—
1.0
1.1
1.2
5.1
—
—
—
—
—
—
—
Texas Roadhouse, Inc. · TXRH
—
—
—
—
—
—
1.9
1.4
1.7
1.9
1.7
1.1
0.9
0.7
—
—
—
—
—
—
The Cheesecake Factory Incorporated · CAKE
—
—
—
—
—
—
—
—
—
—
—
—
—
0.3
—
—
—
—
—
—
Yum China Holdings, Inc. · YUMC
—
—
—
—
—
—
—
—
—
—
0.6
0.9
0.9
1.1
1.1
1.1
2.7
2.5
2.0
—
Yum! Brands, Inc. · YUM
—
—
—
—
—
—
—
—
1.2
1.0
0.8
2.3
—
—
—
—
—
4.3
1.1
—
P/E · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
17.9
11.6
11.4
8.7
16.4
19.6
18.4
15.9
9.5
13.1
14.6
21.4
18.6
23.8
21.3
21.2
14.2
15.3
14.4
—
CAVA Group, Inc. · CAVA
—
—
—
—
—
—
—
—
—
204.7
—
145.5
227.7
275.2
—
71.7
77.4
54.8
—
182.3
Chipotle Mexican Grill, Inc. · CMG
72.9
76.4
65.8
49.0
52.3
43.4
46.2
53.2
43.1
51.4
61.9
61.4
53.9
54.3
44.4
50.1
34.7
32.5
29.4
—
Darden Restaurants, Inc. · DRI
—
20.1
18.3
17.1
17.3
20.5
18.9
20.2
19.4
18.9
19.9
17.3
17.8
19.2
21.6
23.0
22.4
18.3
23.0
19.6
Domino's Pizza, Inc. · DPZ
38.9
—
41.7
29.6
29.7
—
27.7
25.1
26.5
28.1
29.9
32.1
25.1
25.7
26.5
26.3
27.1
24.2
21.5
18.4
Dutch Bros Inc. · BROS
—
—
—
—
—
—
—
—
581.3
1,055.7
183.3
165.6
110.5
154.1
158.3
145.5
104.7
95.7
79.2
—
McDonald's Corporation · MCD
24.9
26.7
26.1
30.4
29.1
31.6
30.0
27.5
23.2
25.7
23.9
22.3
26.7
25.5
27.6
25.0
25.9
25.6
25.6
—
Restaurant Brands International Inc. · QSR
26.0
22.8
21.5
18.9
17.0
19.6
20.5
23.7
23.4
20.5
20.2
17.5
18.4
20.7
22.8
25.3
22.8
28.8
26.8
—
Starbucks Corporation · SBUX
—
31.9
31.5
24.5
22.3
29.8
34.6
33.8
30.2
25.5
25.2
21.8
29.4
29.8
35.5
39.8
52.4
70.8
66.1
—
Texas Roadhouse, Inc. · TXRH
30.9
25.6
23.2
20.5
22.4
23.7
25.5
25.3
21.8
27.1
30.8
31.2
30.2
27.9
—
26.1
28.9
27.4
26.4
—
Yum China Holdings, Inc. · YUMC
37.7
21.9
20.9
27.4
23.4
52.6
42.3
31.9
30.0
21.5
20.0
14.9
19.9
20.7
21.8
18.5
17.8
19.0
18.7
—
Yum! Brands, Inc. · YUM
23.6
26.7
21.5
22.8
24.3
28.0
31.1
28.1
23.8
23.4
24.6
24.3
26.1
25.7
31.4
29.2
29.6
27.3
25.1
—
08 · compare level, then change
Enterprise Value & Book Value
Cannae Holdings, Inc. has the lowest EV/EBITDA among the 29 Restaurants companies compared here, at 3.15×. El Pollo Loco Holdings, Inc. is next at 5.49×. The same company also holds the lowest P/BV, at 0.54×. 28 of 29 companies report a comparable reading, the latest through Mar 2026. Its EV/EBITDA series carries 9 reported observations across the 20-quarter window.
What the numbers say: Cannae Holdings, Inc. leads both ev/ebitda at 3.15× and p/bv at 0.54×.
LeaderCannae Holdings, Inc. · 3.15×
Gap42.6% versus #2 · El Pollo Loco Holdings, Inc.
Persistence0/8 recent comparable periods
Coverage28/29 companies · 481 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Cannae Holdings, Inc. CNNE3.2
2El Pollo Loco Holdings, Inc. LOCO5.5
3Arcos Dorados Holdings Inc. ARCO6.2
4The Wendy's Company WEN7.7
5Dine Brands Global, Inc. DIN8.2
P/BVlowest P/BV
1Cannae Holdings, Inc. CNNE0.5
2First Watch Restaurant Group, Inc. FWRG1.0
3Bloomin' Brands, Inc. BLMN1.1
4Sweetgreen, Inc. SG1.1
5El Pollo Loco Holdings, Inc. LOCO1.4
Enterprise and book valuation · company comparison
28/29 level · 22/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Full 20-quarter history · every available company
EV/EBITDA · reported quarter history
Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
12.6
10.4
10.3
9.9
12.2
13.0
12.5
12.0
9.6
10.7
10.9
13.0
12.3
14.7
13.4
13.3
10.0
10.3
9.8
—
CAVA Group, Inc. · CAVA
—
—
—
—
—
—
—
—
271.5
105.4
—
100.1
118.3
152.2
—
88.1
89.1
58.6
—
77.7
Chipotle Mexican Grill, Inc. · CMG
53.0
48.6
42.8
32.8
34.3
28.4
30.6
35.5
29.4
34.9
42.2
41.9
37.1
37.8
31.0
34.7
24.3
22.8
20.7
—
Darden Restaurants, Inc. · DRI
—
16.4
14.8
13.0
13.0
15.1
14.1
14.9
14.9
14.3
14.6
12.7
12.9
14.1
15.1
15.8
15.4
13.3
15.6
13.6
Domino's Pizza, Inc. · DPZ
26.9
—
29.7
22.7
22.0
—
20.4
18.9
20.7
21.3
22.2
24.5
20.0
20.2
21.2
20.2
20.0
18.2
16.2
14.5
Dutch Bros Inc. · BROS
—
—
—
—
96.2
56.1
43.0
30.1
22.6
29.5
26.8
33.6
25.2
34.8
41.1
40.4
30.2
31.9
26.0
—
McDonald's Corporation · MCD
18.8
20.0
18.6
20.1
19.3
21.2
21.8
20.5
17.8
19.3
18.3
17.1
19.8
18.7
20.0
18.6
18.9
18.6
18.4
—
Restaurant Brands International Inc. · QSR
16.3
15.6
15.4
14.0
14.3
15.8
16.0
17.2
15.6
16.9
16.9
15.4
16.1
14.6
14.6
14.5
14.0
13.9
14.5
—
Starbucks Corporation · SBUX
—
23.5
23.2
19.0
17.3
19.1
21.8
21.8
20.0
17.1
17.0
14.9
19.0
19.0
21.1
22.0
25.6
26.5
26.1
—
Texas Roadhouse, Inc. · TXRH
18.3
15.7
14.4
12.9
14.1
15.1
16.3
16.5
14.4
17.6
19.8
20.2
19.6
18.2
—
16.9
18.7
17.5
16.7
—
Yum China Holdings, Inc. · YUMC
15.7
10.8
9.5
11.7
10.1
18.2
18.6
15.0
15.0
11.2
10.5
8.1
11.1
11.6
12.2
10.0
9.4
10.4
10.2
—
Yum! Brands, Inc. · YUM
20.3
22.1
19.8
19.4
18.3
20.4
20.7
21.1
19.0
19.2
20.0
19.1
19.8
18.7
20.8
19.7
19.6
19.1
18.8
—
P/BV · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Brinker International, Inc. · EAT
-7.1
-5.0
-5.3
-3.7
-4.0
-5.3
-7.5
-11.2
-8.3
-18.0
-46.7
83.2
265.9
46.3
26.4
21.2
17.7
17.3
15.5
—
CAVA Group, Inc. · CAVA
—
—
—
—
—
—
—
—
8.1
6.2
—
11.7
16.2
23.5
—
13.3
14.2
9.6
—
13.6
Chipotle Mexican Grill, Inc. · CMG
22.1
21.4
20.8
16.9
17.9
16.2
19.0
21.3
17.5
20.5
23.8
23.2
21.7
22.4
19.4
21.4
16.1
17.1
17.3
—
Darden Restaurants, Inc. · DRI
—
7.1
8.0
7.1
7.4
9.0
8.6
8.9
8.8
9.1
9.3
7.8
8.5
9.5
10.2
10.4
10.9
9.8
12.0
10.6
Domino's Pizza, Inc. · DPZ
-4.5
—
-4.8
-3.3
-3.0
—
-2.9
-2.8
-3.3
-3.5
-4.0
-4.7
-3.6
-3.7
-4.0
-3.9
-4.0
-3.7
-3.2
-2.7
Dutch Bros Inc. · BROS
22.8
26.9
28.1
15.6
14.4
12.7
14.3
12.2
5.0
7.0
7.4
9.3
7.0
11.3
12.9
13.6
10.1
11.4
9.3
—
McDonald's Corporation · MCD
-31.8
-43.4
-30.5
-28.5
-25.7
-32.1
-35.3
-43.5
-39.4
-45.5
-42.0
-37.9
-42.2
-54.6
-64.7
-75.5
-100.1
-121.3
-171.7
—
Restaurant Brands International Inc. · QSR
4.7
5.0
4.6
4.0
4.0
4.6
4.8
5.2
4.6
5.2
5.2
4.5
4.6
4.4
4.5
4.3
4.1
4.3
4.8
—
Starbucks Corporation · SBUX
—
-25.0
-15.9
-12.0
-10.5
-11.1
-13.1
-14.0
-13.6
-13.0
-12.3
-11.1
-14.8
-14.0
-14.6
-13.6
-12.0
-11.6
-11.7
—
Texas Roadhouse, Inc. · TXRH
6.1
5.9
5.7
5.3
5.9
6.2
6.7
6.8
5.7
7.2
8.4
9.1
9.0
8.8
—
8.1
8.7
7.6
7.2
—
Yum China Holdings, Inc. · YUMC
3.7
3.0
2.6
3.1
3.1
3.5
4.0
3.6
3.5
2.7
2.7
2.1
2.9
3.2
3.4
2.9
2.7
3.1
3.2
—
Yum! Brands, Inc. · YUM
-4.6
-4.8
-4.0
-3.8
-3.5
-4.1
-4.2
-4.6
-4.3
-4.7
-5.0
-4.9
-5.1
-4.9
-5.6
-5.4
-5.6
-5.7
-5.9
—
09 · let price answer last
Market action
BJ's Restaurants, Inc. has the strongest one-year price move in Restaurants at +101.8%. It also leads on Mansfield relative strength against the S&P 500 at +57.3%. 12 of 29 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.
Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
Before the conclusion · check the blind spots
What can make this comparison misleading?
This Restaurants comparison names 4 specific ways its own evidence can mislead, all listed below. All 29 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
10 · the complete set
Which companies are included?
All 29 companies in the canonical Restaurants membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.
AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.
| Company | Market value | Price | Priced to | Latest fundamentals |
|---|---|---|---|---|
| McDonald's Corporation MCD | $194.0B | $273 | 2026-07-28 | Mar 2026 |
| Starbucks Corporation SBUX | $117.5B | $103 | 2026-07-28 | Mar 2026 |
| Chipotle Mexican Grill, Inc. CMG | $43.0B | $33.5 | 2026-07-28 | Mar 2026 |
| Yum! Brands, Inc. YUM | $41.4B | $150 | 2026-07-28 | Mar 2026 |
| Restaurant Brands International Inc. QSR | $34.2B | $74.9 | 2026-07-28 | Mar 2026 |
| Darden Restaurants, Inc. DRI | $23.6B | $207 | 2026-07-28 | Jun 2026 |
| Yum China Holdings, Inc. YUMC | $15.7B | $45.5 | 2026-07-28 | Mar 2026 |
| Texas Roadhouse, Inc. TXRHAHEAD | $13.5B | $205 | 2026-07-28 | Mar 2026 |
| Dutch Bros Inc. BROSAHEAD | $12.1B | $64.7 | 2026-07-28 | Mar 2026 |
| Domino's Pizza, Inc. DPZ | $11.6B | $350 | 2026-07-28 | Jun 2026 |
| Brinker International, Inc. EATAHEAD | $8.5B | $198 | 2026-07-28 | Mar 2026 |
| CAVA Group, Inc. CAVA | $7.6B | $65.0 | 2026-07-28 | Jun 2026 |
| The Cheesecake Factory Incorporated CAKEAHEAD20/26 WEEKS | $4.4B | $89.0 | 2026-07-28 | Mar 2026 |
| Wingstop Inc. WING | $3.7B | $137 | 2026-07-28 | Mar 2026 |
| Shake Shack Inc. SHAKLAGGING, FUNDAMENTALS UP | $2.7B | $63.2 | 2026-07-28 | Jun 2026 |
| Arcos Dorados Holdings Inc. ARCO | $1.8B | $8.4 | 2026-07-28 | Mar 2026 |
| The Wendy's Company WENAHEAD | $1.5B | $7.7 | 2026-07-28 | Mar 2026 |
| BJ's Restaurants, Inc. BJRIAHEAD | $1.4B | $69.0 | 2026-07-28 | Mar 2026 |
| Cracker Barrel Old Country Store, Inc. CBRLAHEAD18/26 WEEKS | $1.2B | $53.8 | 2026-07-28 | Jun 2026 |
| Biglari Holdings Inc. BHAHEAD | $1.2B | $376 | 2026-07-28 | Mar 2026 |
| Papa John's International, Inc. PZZA | $1.0B | $31.0 | 2026-07-28 | Mar 2026 |
| Super Hi International Holding Ltd. HDL | $895M | $13.1 | 2026-07-28 | Mar 2026 |
| First Watch Restaurant Group, Inc. FWRGLAGGING, FUNDAMENTALS UP | $801M | $13.0 | 2026-07-28 | Mar 2026 |
| Sweetgreen, Inc. SG | $756M | $6.4 | 2026-07-28 | Mar 2026 |
| Bloomin' Brands, Inc. BLMNAHEAD | $736M | $8.6 | 2026-07-28 | Mar 2026 |
| Cannae Holdings, Inc. CNNEAHEAD | $665M | $15.1 | 2026-07-28 | Mar 2026 |
| Kura Sushi USA, Inc. KRUS | $583M | $48.0 | 2026-07-28 | Jun 2026 |
| El Pollo Loco Holdings, Inc. LOCOAHEAD22/26 WEEKS | $497M | $16.3 | 2026-07-28 | Jun 2026 |
| Dine Brands Global, Inc. DINAHEAD | $458M | $36.1 | 2026-07-28 | Mar 2026 |
Evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 29 Restaurants companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-28 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Questions investors ask · short, speakable answers
Restaurants company comparison FAQs
These 18 answers restate the Restaurants comparison above in question form. Every one is computed from the same 29 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.
Which Restaurants company is the biggest?
Starbucks Corporation is the largest, with trailing-twelve-month revenue of $38,472 million, ahead of McDonald's Corporation at $27,447 million. That covers 25 of 29 companies with comparable reporting through Mar 2026.
Which Restaurants company is growing fastest?
Dutch Bros Inc. has the fastest revenue growth at 28.4% year on year, across 25 of 29 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.
Which Restaurants company has the best profit margins?
Dine Brands Global, Inc. has the highest operating margin at 74.1%, from 29 of 29 comparable companies. Restaurant Brands International Inc. shows the biggest recent improvement, at +6.2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Restaurants company makes the most profit?
McDonald's Corporation earns the most, at $8,677 million of trailing-twelve-month net profit, from 25 of 29 comparable companies. Arcos Dorados Holdings Inc. has the fastest profit growth at 74.1%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Restaurants company earns the highest return on capital?
Domino's Pizza, Inc. leads on return on capital employed at 35.8%, across 29 of 29 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Restaurants stock is the cheapest?
On guarded PEG — where a LOWER number is cheaper — Arcos Dorados Holdings Inc. screens cheapest at 0.18×. Only 16 of 29 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which Restaurants company has the strongest balance sheet?
Cannae Holdings, Inc. carries the lowest comparable gross debt at $204 million, from 29 of 29 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.
Which Restaurants company is investing most in new capacity?
McDonald's Corporation reports the largest capital spending at $682 million, across 29 of 29 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation.
Is the Restaurants sector beating the market?
Restaurants has underperformed S&P 500 by 16.9% over the last 52 weeks and 7% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 12 of 29 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Restaurants stock has the strongest price momentum?
BJ's Restaurants, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Restaurants company scores highest for research priority?
Brinker International, Inc. scores 67.2 out of 100 with 82% evidence confidence, from 22.3 points on growth and earnings, 11.2 on capital efficiency, 15.5 on valuation and 18.2 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Restaurants companies does this comparison cover, and over what period?
It compares 29 listed companies over up to 20 reported quarters of fundamentals and 6 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Restaurants sector?
The 29 Restaurants companies on this page carry $546,936 million of combined market value. McDonald's Corporation is the largest at $193,982 million, about 35% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.
What is the Restaurants sector's P/E ratio?
The median price-to-earnings ratio across the 29 Restaurants companies on this page is 25.6×, measured on the 29 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.
How is the Restaurants sector performing?
12 of the 29 covered Restaurants companies are beating S&P 500 on Mansfield relative strength. The sector itself is 16.9% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.
How many Restaurants stocks are listed in the US?
This comparison covers 29 listed Restaurants companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.