IHG vs. QSR: InterContinental Hotels vs. Restaurant Brands Stock Comparison

November 11, 2026

How do InterContinental Hotels (IHG) and Restaurant Brands (QSR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

InterContinental Hotels (IHG) and Restaurant Brands (QSR) both belong to the Hotels, Restaurants & Leisure industry, though IHG is classified under Hotels, Resorts & Cruise Lines while QSR falls under Restaurants.

Restaurant Brands (QSR) trades as ordinary local shares, while InterContinental Hotels (IHG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for InterContinental Hotels (IHG) and Restaurant Brands (QSR)
Profile Item	IHG	QSR
Name	InterContinental Hotels Group PLC ADR	Restaurant Brands International Inc.
Country/Region	United Kingdom	United States
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry Group	Consumer Services	Consumer Services
GICS Industry	Hotels, Restaurants & Leisure	Hotels, Restaurants & Leisure
GICS Sub-Industry	Hotels, Resorts & Cruise Lines	Restaurants
Market Capitalization	26.05 billion USD	35.56 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	April 10, 2003	December 11, 2014
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

IHG

QSR

GSPC

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for InterContinental Hotels (IHG) and Restaurant Brands (QSR). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for InterContinental Hotels (IHG) and Restaurant Brands (QSR). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for InterContinental Hotels (IHG) and Restaurant Brands (QSR)
Metric	IHG	QSR
Total Return (1Y)	39.88%	19.01%
Total Return (3Y, Annualized)	37.41%	7.95%
Total Return (5Y, Annualized)	22.58%	9.80%

Risk Profile

Drawdown History

IHG

QSR

GSPC

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for InterContinental Hotels (IHG) and Restaurant Brands (QSR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for InterContinental Hotels (IHG) and Restaurant Brands (QSR)
Metric	IHG	QSR
Volatility (1Y, Annualized)	25.00%	24.79%
Beta (5Y)	1.09	0.54
Max Drawdown (5Y)	-32.78%	-24.53%
Avg. Volume (3M)	213.26K	2.91M

Risk-Adjusted Performance

Risk-Return Positioning

IHG and QSR are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for InterContinental Hotels (IHG) and Restaurant Brands (QSR)
Metric	IHG	QSR
Sharpe Ratio (1Y)	1.42	0.59
Sortino Ratio (1Y)	2.31	0.89

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Restaurant Brands (QSR) earns 39.05% on shareholders’ equity, ranked against its industry; InterContinental Hotels (IHG) has no ROE this period.

IHG

Consumer Services industry group

Max: 76.75%
Q3: 34.07%
Median: 15.90%
Q1: 3.23%
Min: -40.61%
IHG: --

QSR

Consumer Services industry group

39.05%

Max: 76.75%
QSR: 39.05%
Q3: 34.07%
Median: 15.90%
Q1: 3.23%
Min: -40.61%

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): IHG does not report ROE, so it has no value marker; QSR is benchmarked against the Consumer Services industry group.

Net Margin (TTM)

For every dollar of sales, both InterContinental Hotels (IHG) at 13.40% and Restaurant Brands (QSR) at 15.35% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

IHG

Consumer Services industry group

13.40%

Max: 25.52%
IHG: 13.40%
Q3: 12.95%
Median: 6.63%
Q1: 1.46%
Min: -14.36%

QSR

Consumer Services industry group

15.35%

Max: 25.52%
QSR: 15.35%
Q3: 12.95%
Median: 6.63%
Q1: 1.46%
Min: -14.36%

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): A comparison of their net margin against the Consumer Services industry group benchmark.

Operating Margin (TTM)

Both InterContinental Hotels (IHG) at 25.12% and Restaurant Brands (QSR) at 27.92% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

IHG

Consumer Services industry group

25.12%

Max: 49.05%
IHG: 25.12%
Q3: 24.35%
Median: 14.23%
Q1: 5.67%
Min: -16.47%

QSR

Consumer Services industry group

27.92%

Max: 49.05%
QSR: 27.92%
Q3: 24.35%
Median: 14.23%
Q1: 5.67%
Min: -16.47%

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): A comparison of their operating margin against the Consumer Services industry group benchmark.

Profitability Metrics

Profitability metrics for InterContinental Hotels (IHG) and Restaurant Brands (QSR)
Metric	IHG	QSR
ROE (TTM)	--	39.05%
ROA (TTM)	15.51%	6.48%
Net Margin (TTM)	13.40%	15.35%
Operating Margin (TTM)	25.12%	27.92%
Gross Margin (TTM)	60.97%	34.33%

Growth

Revenue Growth

Both InterContinental Hotels (IHG) at 5.40% and Restaurant Brands (QSR) at 12.23% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Restaurant Brands (QSR) reports EPS growth of -26.10%, ranked against its industry; InterContinental Hotels (IHG) has no EPS growth figure this period.

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for InterContinental Hotels (IHG) and Restaurant Brands (QSR)
Metric	IHG	QSR
Revenue Growth (YoY)	5.40%	12.23%
Revenue Growth (3Y CAGR)	10.06%	13.19%
EPS Growth (YoY)	--	-26.10%
EPS Growth (3Y CAGR)	33.17%	-10.24%

Financial Strength

Current Ratio (MRQ)

Restaurant Brands (QSR) at 0.96 keeps current ratio within its industry’s typical mid-range, while InterContinental Hotels (IHG) at 0.66 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for IHG.

IHG

Consumer Services industry group

0.66

Max: 3.41
Q3: 1.85
Median: 1.06
Q1: 0.72
IHG: 0.66
Min: 0.22

QSR

Consumer Services industry group

0.96

Max: 3.41
Q3: 1.85
Median: 1.06
QSR: 0.96
Q1: 0.72
Min: 0.22

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): A comparison of their current ratio against the Consumer Services industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Restaurant Brands (QSR) carries debt-to-equity ratio of 2.84 against its industry range, while InterContinental Hotels (IHG) reports no figure this period.

IHG

Consumer Services industry group

Max: 6.12
Q3: 2.93
Median: 1.29
Q1: 0.37
Min: 0.01
IHG: --

QSR

Consumer Services industry group

2.84

Max: 6.12
Q3: 2.93
QSR: 2.84
Median: 1.29
Q1: 0.37
Min: 0.01

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): IHG does not report debt-to-equity ratio, so it has no value marker; QSR is benchmarked against the Consumer Services industry group.

Financial Strength Metrics

Financial strength metrics for InterContinental Hotels (IHG) and Restaurant Brands (QSR)
Metric	IHG	QSR
Current Ratio (MRQ)	0.66	0.96
Debt / Equity (MRQ)	--	2.84
Net Debt / EBITDA	2.89	4.98

Dividends

Dividend Yield (TTM)

Restaurant Brands (QSR) at 3.27% delivers top-quartile income for its industry, while InterContinental Hotels (IHG) at 1.08% pays a more typical yield — both are credible income propositions, QSR the richer one.

IHG

Consumer Services industry group

1.08%

Max: 4.10%
Q3: 1.82%
IHG: 1.08%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

QSR

Consumer Services industry group

3.27%

Max: 4.10%
QSR: 3.27%
Q3: 1.82%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): A comparison of their dividend yield against the Consumer Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both InterContinental Hotels (IHG) at 39.21% and Restaurant Brands (QSR) at 56.48% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

IHG

Consumer Services industry group

39.21%

Max: 89.80%
IHG: 39.21%
Q3: 36.83%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

QSR

Consumer Services industry group

56.48%

Max: 89.80%
QSR: 56.48%
Q3: 36.83%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): A comparison of their payout ratio against the Consumer Services industry group benchmark.

Dividend Metrics

Dividend metrics for InterContinental Hotels (IHG) and Restaurant Brands (QSR)
Metric	IHG	QSR
Dividend Yield (TTM)	1.08%	3.27%
Dividend Payout Ratio (TTM)	39.21%	56.48%

Valuation

P/E Ratio (TTM)

Restaurant Brands (QSR) at 17.07 is near its industry’s usual P/E ratio, while InterContinental Hotels (IHG) at 37.95 sits in the richer quartile — IHG needs stronger growth or earnings quality to justify the premium.

IHG

Consumer Services industry group

37.95

Max: 71.70
IHG: 37.95
Q3: 37.12
Median: 21.88
Q1: 13.00
Min: 5.72

QSR

Consumer Services industry group

17.07

Max: 71.70
Q3: 37.12
Median: 21.88
QSR: 17.07
Q1: 13.00
Min: 5.72

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): A comparison of their P/E ratio against the Consumer Services industry group benchmark.

P/S Ratio (TTM)

Both InterContinental Hotels (IHG) at 4.89 and Restaurant Brands (QSR) at 3.64 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

IHG

Consumer Services industry group

4.89

Max: 6.40
IHG: 4.89
Q3: 3.01
Median: 1.54
Q1: 0.74
Min: 0.08

QSR

Consumer Services industry group

3.64

Max: 6.40
QSR: 3.64
Q3: 3.01
Median: 1.54
Q1: 0.74
Min: 0.08

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): A comparison of their P/S ratio against the Consumer Services industry group benchmark.

P/B Ratio (MRQ)

InterContinental Hotels (IHG) reports a negative P/B ratio of -53.91, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Restaurant Brands (QSR) reports 6.87, ranking against industry peers normally.

IHG

Consumer Services industry group

-53.91

Max: 12.02
Q3: 5.58
Median: 2.37
Q1: 1.09
Min: -4.51
IHG: -53.91

QSR

Consumer Services industry group

6.87

Max: 12.02
QSR: 6.87
Q3: 5.58
Median: 2.37
Q1: 1.09
Min: -4.51

InterContinental Hotels (IHG) vs. Restaurant Brands (QSR): A comparison of their P/B ratio against the Consumer Services industry group benchmark.

Valuation Metrics

Valuation metrics for InterContinental Hotels (IHG) and Restaurant Brands (QSR)
Metric	IHG	QSR
P/E Ratio (TTM)	37.95	17.07
P/S Ratio (TTM)	4.89	3.64
P/B Ratio (MRQ)	-53.91	6.87
Free Cash Flow Yield (TTM)	3.51%	4.48%