McDonald's Corporation(MCD)Earnings, Financials & Key Ratios

MCD•NYSE

$284.10

$202.32B mkt cap·24.9× P/E·Price updated May 6, 2026

SectorConsumer Cyclical IndustryRestaurants Sub-IndustryQuick-Service Food Chains

AboutMcDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, wraps, fries, salads, oatmeal, shakes, desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches. As of December 31, 2021, the company operated 40,031 restaurants. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.Show more

Revenue$25.92B+1.7%
EBITDA$13.81B+1.4%
Net Income$8.22B-2.9%
EPS (Diluted)11.39-1.5%
Gross Margin56.75%-0.7%
EBITDA Margin53.28%-0.3%
Operating Margin45.19%-1.1%
Net Margin31.72%-4.5%
ROIC19.33%-7.1%
Interest Coverage7.78-9.1%

Analysis→Technical→

MCD Key Insights

McDonald's Corporation (MCD) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Dividend Aristocrat: 26 years of consecutive increases
✓Strong Piotroski F-Score: 7/9
✓FCF machine: 25.7% free cash flow margin
✓Healthy dividend yield of 2.4%
✓Healthy 5Y average net margin of 29.7%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

MCD Price & Volume

McDonald's Corporation (MCD) stock price & volume — 10-year historical chart

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MCD Growth Metrics

McDonald's Corporation (MCD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-0.57%

5 Years3.94%

3 Years3.73%

TTM1.25%

Profit CAGR

10 Years5.62%

5 Years6.42%

3 Years2.91%

TTM2.06%

EPS CAGR

10 Years8.98%

5 Years7.65%

3 Years4.29%

TTM2.9%

Return on Capital

10 Years23.73%

5 Years20.94%

3 Years22.33%

Last Year23.28%

MCD Recent Earnings

McDonald's Corporation (MCD) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 8/12 qtrs (67%)●Beat Revenue 7/12 qtrs (58%)

Q1 2026Latest

Feb 11, 2026

EPS

$3.12

Est $3.05

+2.3%

Revenue

$7.0B

Est $6.8B

+2.5%

Q4 2025

Nov 5, 2025

EPS

$3.22

Est $3.33

-3.3%

Revenue

$7.1B

Est $7.1B

-0.1%

Q3 2025

Aug 6, 2025

EPS

$3.19

Est $3.14

+1.6%

Revenue

$6.8B

Est $6.7B

+2.2%

Q2 2025

May 1, 2025

EPS

$2.67

Est $2.66

+0.4%

Revenue

$6.0B

Est $6.1B

-2.4%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q1 2026Latest	Feb 11, 2026	$3.12vs $3.05+2.3%	$7.0Bvs $6.8B+2.5%
Q4 2025	Nov 5, 2025	$3.22vs $3.33-3.3%	$7.1Bvs $7.1B-0.1%
Q3 2025	Aug 6, 2025	$3.19vs $3.14+1.6%	$6.8Bvs $6.7B+2.2%
Q2 2025	May 1, 2025	$2.67vs $2.66+0.4%	$6.0Bvs $6.1B-2.4%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
YUMYum! Brands, Inc.Direct Competitor	43.13B	156.02	28.06	8.81%	20.48%
QSRRestaurant Brands International Inc.Direct Competitor	26.74B	77.18	32.84	12.23%	9.96%	18.45%	3.41
WENThe Wendy's CompanyDirect Competitor	1.27B	6.65	7	2.98%	8.43%	170.42%	15.78
JACKJack in the Box Inc.Direct Competitor	261.07M	13.63	-3.24	-6.75%	-5.16%
SHAKShake Shack Inc.Direct Competitor	3.89B	96.52	88.55	15.38%	3.16%	8.69%	1.63
CMGChipotle Mexican Grill, Inc.Product Competitor	42.6B	32.71	28.69	5.41%	11.96%	48.45%	3.48
SBUXStarbucks CorporationProduct Competitor	121.31B	106.44	65.30	2.79%	3.63%
DPZDomino's Pizza, Inc.Product Competitor	10.92B	324.66	18.48	4.96%	11.89%

Compare MCD vs Peers

McDonald's Corporation (MCD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs YUM

Most directly comparable listed peer for MCD.

Scale Benchmark

vs UBER

Larger-name benchmark to compare MCD against a more recognizable public peer.

Peer Set

Compare Top 5

vs YUM, QSR, WEN, JACK

MCD Income Statement

McDonald's Corporation (MCD) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	TTM
Sales/Revenue	24.62B	22.82B	21.26B	21.36B	19.21B	23.22B	23.18B	25.5B	25.92B	26.26B
Revenue Growth %	-3.11%	-7.32%	-6.85%	0.5%	-10.09%	20.9%	-0.18%	9.98%	1.67%	1.25%
Cost of Goods Sold	14.42B	12.2B	10.43B	10.19B	9.46B	10.64B	9.97B	10.93B	11.21B	11.18B
COGS % of Revenue	58.55%	53.46%	49.04%	47.67%	49.23%	45.83%	43.03%	42.88%	43.25%	-
Gross Profit	10.2B▲ 0%	10.62B▲ 4.1%	10.83B▲ 2.0%	11.18B▲ 3.2%	9.75B▼ 12.8%	12.58B▲ 29.0%	13.21B▲ 5.0%	14.56B▲ 10.3%	14.71B▲ 1.0%	15.08B▲ 0%
Gross Margin %	41.45%	46.54%	50.96%	52.33%	50.77%	54.17%	56.97%	57.12%	56.75%	57.42%
Gross Profit Growth %	4.24%	4.08%	1.99%	3.2%	-12.77%	29%	4.98%	10.27%	1%	-
Operating Expenses	2.46B	1.07B	2.01B	2.11B	2.43B	2.22B	3.84B	2.92B	3B	2.98B
OpEx % of Revenue	9.99%	4.68%	9.46%	9.87%	12.64%	9.58%	16.55%	11.44%	11.57%	-
Selling, General & Admin	2.38B	2.23B	1.99B	1.97B	2.25B	2.38B	2.49B	2.44B	2.41B	2.5B
SG&A % of Revenue	9.68%	9.78%	9.34%	9.21%	11.69%	10.24%	10.75%	9.55%	9.31%	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	75.7M	-1.16B	24.6M	142.7M	183.1M	-153.6M	1.34B	482M	586M	4M
Operating Income	7.74B▲ 0%	9.55B▲ 23.3%	8.82B▼ 7.6%	9.07B▲ 2.8%	7.32B▼ 19.2%	10.36B▲ 41.4%	9.37B▼ 9.5%	11.65B▲ 24.3%	11.71B▲ 0.6%	12.11B▲ 0%
Operating Margin %	31.45%	41.86%	41.5%	42.45%	38.13%	44.59%	40.42%	45.68%	45.19%	46.09%
Operating Income Growth %	8.38%	23.35%	-7.64%	2.8%	-19.25%	41.4%	-9.51%	24.29%	0.56%	-
EBITDA	9.26B	10.92B	10.3B	10.69B	9.08B	12.22B	11.24B	13.63B	13.81B	14.28B
EBITDA Margin %	37.61%	47.83%	48.47%	50.03%	47.25%	52.64%	48.49%	53.44%	53.28%	54.37%
EBITDA Growth %	6.43%	17.87%	-5.6%	3.72%	-15.09%	34.69%	-8.03%	21.2%	1.35%	4.34%
D&A (Non-Cash Add-back)	1.52B	1.36B	1.48B	1.62B	1.75B	1.87B	1.87B	1.98B	2.1B	2.18B
EBIT	7.75B	9.49B	8.8B	9.14B	7.36B	10.31B	9.03B	11.88B	11.85B	12.23B
Net Interest Income	-880.8M	-914.3M	-977.2M	-1.08B	-1.2B	-1.18B	-1.16B	-1.17B	-1.4B	-1.47B
Interest Income	4M	7M	4M	37M	18M	9M	44M	187M	103M	81M
Interest Expense	884.8M	921.3M	981.2M	1.12B	1.22B	1.19B	1.21B	1.36B	1.51B	1.55B
Other Income/Expense	-878.5M	-979.2M	-1.01B	-1.05B	-1.18B	-1.23B	-1.55B	-1.13B	-1.37B	-1.43B
Pretax Income	6.87B▲ 0%	8.57B▲ 24.9%	7.82B▼ 8.8%	8.02B▲ 2.6%	6.14B▼ 23.4%	9.13B▲ 48.6%	7.83B▼ 14.3%	10.52B▲ 34.5%	10.35B▼ 1.7%	10.68B▲ 0%
Pretax Margin %	27.89%	37.57%	36.77%	37.53%	31.97%	39.31%	33.75%	41.27%	39.91%	40.66%
Income Tax	2.18B	3.38B	1.89B	1.99B	1.41B	1.58B	1.65B	2.05B	2.12B	2.26B
Effective Tax Rate %	31.74%	39.44%	24.2%	24.85%	22.96%	17.34%	21.06%	19.51%	20.5%	21.17%
Net Income	4.69B▲ 0%	5.19B▲ 10.8%	5.92B▲ 14.1%	6.03B▲ 1.7%	4.73B▼ 21.5%	7.55B▲ 59.5%	6.18B▼ 18.1%	8.47B▲ 37.1%	8.22B▼ 2.9%	8.41B▲ 0%
Net Margin %	19.03%	22.75%	27.87%	28.2%	24.63%	32.49%	26.65%	33.22%	31.72%	32.04%
Net Income Growth %	3.47%	10.79%	14.1%	1.71%	-21.49%	59.5%	-18.13%	37.11%	-2.9%	2.06%
Net Income (Continuing)	4.69B	5.19B	5.92B	6.03B	4.73B	7.55B	6.18B	8.47B	8.22B	8.42B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	5.44▲ 0%	6.37▲ 17.1%	7.54▲ 18.4%	7.88▲ 4.5%	6.31▼ 19.9%	10.04▲ 59.1%	8.33▼ 17.0%	11.56▲ 38.8%	11.39▼ 1.5%	11.75▲ 0%
EPS Growth %	13.33%	17.1%	18.37%	4.51%	-19.92%	59.11%	-17.03%	38.78%	-1.47%	2.9%
EPS (Basic)	5.49	6.43	7.61	7.95	6.35	10.11	8.39	11.63	11.45	-
Diluted Shares Outstanding	861.2M	815.5M	785.6M	764.9M	750.1M	751.8M	741.3M	732.3M	721.9M	715.9M
Basic Shares Outstanding	854.4M	807.4M	778.2M	758.1M	744.6M	746.3M	736.5M	727.9M	718.3M	712.9M
Dividend Payout Ratio	65.26%	59.5%	54.96%	59.45%	79.33%	51.93%	67.48%	53.52%	59.22%	-

MCD Balance Sheet

McDonald's Corporation (MCD) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	TTM
Total Current Assets	4.85B	5.33B	4.05B	3.56B	6.24B	7.15B	5.42B	7.99B	4.6B	6.08B
Cash & Short-Term Investments	1.22B	2.46B	866M	898.5M	3.45B	4.71B	2.58B	4.58B	1.08B	2.41B
Cash Only	1.22B	2.46B	866M	898.5M	3.45B	4.71B	2.58B	4.58B	1.08B	2.41B
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.47B	1.98B	2.44B	2.22B	2.11B	1.87B	2.12B	2.49B	2.38B	2.58B
Days Sales Outstanding	21.85	31.61	41.92	38	40.1	29.43	33.3	35.62	33.56	34.39
Inventory	58.9M	58.8M	51.1M	50.2M	51.1M	55.6M	52M	53M	56M	55M
Days Inventory Outstanding	1.49	1.76	1.79	1.8	1.97	1.91	1.9	1.77	1.82	1.77
Other Current Assets	1.53B	0	0	0	0	0	673.4M	866M	1.07B	1.03B
Total Non-Current Assets	26.18B	28.48B	28.76B	43.95B	46.38B	46.71B	45.01B	48.16B	50.58B	54.53B
Property, Plant & Equipment	21.26B	22.45B	22.84B	37.42B	38.79B	38.27B	36.34B	38.42B	38.63B	41.77B
Fixed Asset Turnover	1.16x	1.02x	0.93x	0.57x	0.50x	0.61x	0.64x	0.66x	0.67x	0.65x
Goodwill	2.34B	2.38B	2.33B	2.68B	2.77B	2.78B	2.9B	3.04B	3.15B	3.31B
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	725.9M	1.09B	1.2B	1.27B	1.3B	1.2B	1.06B	1.08B	2.71B	11.15B
Other Non-Current Assets	1.86B	2.56B	2.38B	2.58B	3.53B	4.45B	4.71B	5.62B	6.09B	25.44B
Total Assets	31.02B▲ 0%	33.8B▲ 9.0%	32.81B▼ 2.9%	47.51B▲ 44.8%	52.63B▲ 10.8%	53.85B▲ 2.3%	50.44B▼ 6.3%	56.15B▲ 11.3%	55.18B▼ 1.7%	60.61B▲ 0%
Asset Turnover	0.79x	0.68x	0.65x	0.45x	0.36x	0.43x	0.46x	0.45x	0.47x	0.45x
Asset Growth %	-18.23%	8.96%	-2.94%	44.8%	10.77%	2.33%	-6.35%	11.32%	-1.72%	22.14%
Total Current Liabilities	3.47B	2.89B	2.97B	3.62B	6.18B	4.02B	3.8B	6.86B	3.86B	6.08B
Accounts Payable	756M	924.8M	1.21B	988.2M	741.3M	1.01B	980.2M	1.1B	1.03B	972M
Days Payables Outstanding	19.14	27.67	42.29	35.41	28.61	34.53	35.87	36.83	33.5	30.36
Short-Term Debt	77.2M	0	0	59.1M	2.24B	0	0	2.19B	0	1.8B
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	694.8M	0	0	0	0	0	0	0	0	0
Current Ratio	1.40x	1.84x	1.36x	0.98x	1.01x	1.78x	1.43x	1.16x	1.19x	1.19x
Quick Ratio	1.38x	1.82x	1.35x	0.97x	1.00x	1.76x	1.41x	1.16x	1.18x	1.18x
Cash Conversion Cycle	4.2	5.7	1.42	4.38	13.46	-3.19	-0.66	0.56	1.88	5.8
Total Non-Current Liabilities	29.76B	34.18B	36.1B	52.1B	54.27B	54.44B	52.64B	53.99B	55.12B	56.69B
Long-Term Debt	25.88B	29.54B	31.08B	34.12B	35.2B	35.62B	35.9B	37.15B	38.42B	39.48B
Capital Lease Obligations	0	0	0	12.76B	13.32B	13.02B	12.13B	13.06B	12.89B	53.68B
Deferred Tax Liabilities	1.82B	1.12B	1.22B	1.32B	2.03B	2.08B	2B	1.68B	1.91B	6.8B
Other Non-Current Liabilities	2.06B	3.53B	3.18B	3.25B	3.02B	2.98B	1.84B	1.31B	1.11B	4.01B
Total Liabilities	33.23B	37.07B	39.07B	55.72B	60.45B	58.46B	56.44B	60.85B	58.98B	62.77B
Total Debt	25.96B	29.54B	31.08B	47.56B	51.46B	49.35B	48.7B	53.09B	51.95B	55.82B
Net Debt	24.73B	27.07B	30.21B	46.66B	48.01B	44.64B	46.12B	48.51B	50.86B	53.41B
Debt / Equity	-	-	-	-	-	-	-	-	-	-25.81x
Debt / EBITDA	2.80x	2.71x	3.02x	4.45x	5.67x	4.04x	4.33x	3.90x	3.76x	3.91x
Net Debt / EBITDA	2.67x	2.48x	2.93x	4.37x	5.29x	3.65x	4.10x	3.56x	3.68x	3.68x
Interest Coverage	8.75x	10.37x	8.99x	8.08x	6.01x	8.73x	7.76x	8.56x	7.78x	7.88x
Total Equity	-2.2B▲ 0%	-3.27B▼ 48.3%	-6.26B▼ 91.5%	-8.21B▼ 31.2%	-7.82B▲ 4.7%	-4.6B▲ 41.2%	-6B▼ 30.5%	-4.71B▲ 21.6%	-3.8B▲ 19.3%	-2.16B▲ 0%
Equity Growth %	-131.1%	-48.26%	-91.51%	-31.19%	4.69%	41.2%	-30.48%	21.61%	19.34%	148.86%
Book Value per Share	-2.56	-4.01	-7.97	-10.73	-10.43	-6.12	-8.10	-6.43	-5.26	-3.02
Total Shareholders' Equity	-2.2B	-3.27B	-6.26B	-8.21B	-7.82B	-4.6B	-6B	-4.71B	-3.8B	-2.16B
Common Stock	16.6M	16.6M	16.6M	16.6M	16.6M	16.6M	16.6M	17M	17M	17M
Retained Earnings	46.22B	48.33B	50.49B	52.93B	53.91B	57.53B	59.54B	63.48B	66.83B	69.44B
Treasury Stock	-52.11B	-56.5B	-61.53B	-66.33B	-67.07B	-67.81B	-71.62B	-74.64B	-77.38B	-78.77B
Accumulated OCI	-3.09B	-2.18B	-2.61B	-2.48B	-2.59B	-2.57B	-2.49B	-2.46B	-2.55B	-2.41B
Minority Interest	0	0	0	0	0	0	0	0	0	0

MCD Cash Flow Statement

McDonald's Corporation (MCD) cash flow — operating, investing & free cash flow history

Line item	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	TTM
Cash from Operations	6.06B	5.55B	6.97B	8.12B	6.27B	9.14B	7.39B	9.61B	9.45B	9.45B
Operating CF Margin %	24.61%	24.33%	32.77%	38.02%	32.62%	39.36%	31.86%	37.7%	36.45%	-
Operating CF Growth %	-7.33%	-8.39%	25.5%	16.58%	-22.86%	45.91%	-19.2%	30.12%	-1.72%	50.89%
Net Income	4.69B	5.19B	5.92B	6.03B	4.73B	7.55B	6.18B	8.47B	8.22B	8.41B
Depreciation & Amortization	1.52B	1.36B	1.48B	1.62B	1.75B	1.87B	1.87B	1.98B	2.1B	2.18B
Stock-Based Compensation	131.3M	117.5M	125.1M	109.6M	92.4M	139.2M	167M	175.2M	172M	172M
Deferred Taxes	-538.6M	-36.4M	102.6M	149.7M	6.4M	-428.3M	-345.7M	-686M	-574M	-123M
Other Non-Cash Items	96.9M	-105.1M	-194.6M	-79M	-103.4M	-436.9M	162.3M	-216M	-33M	-181M
Working Capital Changes	167M	-980.5M	-472.7M	298.5M	-212.1M	454.2M	-644.6M	-108M	-438M	26M
Change in Receivables	-159M	-340.7M	-479.4M	27M	-6.8M	309.9M	-264.1M	-161M	10M	0
Change in Inventory	28.1M	-37.3M	-1.9M	128.8M	-68.6M	-62.2M	5.6M	16.7M	71M	0
Change in Payables	89.8M	-59.7M	129.4M	-26.8M	-137.5M	225M	31.3M	50.4M	-10M	0
Cash from Investing	-981.6M	562M	-2.46B	-3.07B	-1.55B	-2.17B	-2.68B	-3.18B	-5.35B	-3.49B
Capital Expenditures	-1.82B	-1.85B	-2.74B	-2.39B	-1.64B	-2.04B	-1.9B	-2.36B	-2.77B	-3.11B
CapEx % of Revenue	7.4%	8.12%	12.9%	11.2%	8.54%	8.78%	8.19%	9.25%	10.71%	-
Acquisitions	866.1M	2.49B	589.5M	-48.9M	37.6M	-178M	-322.2M	-246M	-2.19B	48M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-26.6M	-79.1M	-302.9M	-628.5M	57.4M	52.3M	-456.7M	-581.2M	-376M	-429M
Cash from Financing	-11.26B	-5.31B	-5.95B	-4.99B	-2.25B	-5.6B	-6.58B	-4.37B	-7.5B	-5.76B
Debt Issued (Net)	2.67B	2.03B	2.13B	3.24B	2.24B	-1.07B	1.2B	2.99B	-71M	1.15B
Equity Issued (Net)	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-4M
Dividends Paid	-3.06B	-3.09B	-3.26B	-3.58B	-3.75B	-3.92B	-4.17B	-4.53B	-4.87B	-5.06B
Share Repurchases	-11.17B	-4.69B	-5.21B	-4.98B	-907.8M	-845.5M	-3.9B	-3.05B	-2.82B	-1.99B
Other Financing	296.4M	436.3M	383.2M	327M	173.5M	239M	286.4M	220M	270M	111M
Net Change in Cash	-6.46B▲ 0%	1.24B▲ 119.2%	-1.6B▼ 228.8%	32.5M▲ 102.0%	2.55B▲ 7748.0%	1.26B▼ 50.6%	-2.13B▼ 268.7%	2B▲ 193.9%	-3.49B▼ 275.1%	1.19B▲ 0%
Free Cash Flow	4.24B▲ 0%	3.7B▼ 12.8%	4.22B▲ 14.3%	5.73B▲ 35.6%	4.62B▼ 19.3%	7.1B▲ 53.6%	5.49B▼ 22.7%	7.25B▲ 32.2%	6.67B▼ 8.0%	7.37B▲ 0%
FCF Margin %	17.21%	16.2%	19.88%	26.81%	24.08%	30.58%	23.67%	28.45%	25.74%	28.07%
FCF Growth %	-10.3%	-12.76%	14.27%	35.58%	-19.27%	53.57%	-22.73%	32.2%	-8.03%	12.08%
FCF per Share	4.92	4.53	5.38	7.49	6.17	9.45	7.40	9.91	9.24	9.24
FCF Conversion (FCF/Net Income)	1.29x	1.07x	1.18x	1.35x	1.32x	1.21x	1.20x	1.13x	1.15x	0.88x
Interest Paid	873.5M	885.2M	959.6M	1.07B	1.14B	1.2B	1.18B	1.29B	1.52B	0
Taxes Paid	2.39B	2.79B	1.73B	1.59B	1.44B	2.4B	3.02B	2.99B	2.97B	0

MCD Key Ratios

McDonald's Corporation (MCD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	TTM
Return on Equity (ROE)	191.93%	-	-	-	-	-	-	-	-	-276.51%
Return on Invested Capital (ROIC)	25.22%	30.93%	27.71%	21.8%	13.97%	19.36%	17.54%	20.82%	19.33%	19.33%
Gross Margin	41.45%	46.54%	50.96%	52.33%	50.77%	54.17%	56.97%	57.12%	56.75%	57.42%
Net Margin	19.03%	22.75%	27.87%	28.2%	24.63%	32.49%	26.65%	33.22%	31.72%	32.04%
Debt / Equity	-	-	-	-	-	-	-	-	-	-25.81x
Interest Coverage	8.75x	10.37x	8.99x	8.08x	6.01x	8.73x	7.76x	8.56x	7.78x	7.88x
FCF Conversion	1.29x	1.07x	1.18x	1.35x	1.32x	1.21x	1.20x	1.13x	1.15x	0.88x
Revenue Growth	-3.11%	-7.32%	-6.85%	0.5%	-10.09%	20.9%	-0.18%	9.98%	1.67%	1.25%

MCD SEC Filings & Documents

McDonald's Corporation (MCD) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Feb 11, 2026·SEC

Material company update

Feb 10, 2026·SEC

Material company update

Nov 5, 2025·SEC

10-K Annual Reports

FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 25, 2025·SEC

10-Q Quarterly Reports

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

FY 2025

May 12, 2025·SEC

MCD Frequently Asked Questions

McDonald's Corporation (MCD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

McDonald's Corporation (MCD) reported $26.26B in revenue for fiscal year 2024. This represents a 168% increase from $9.79B in 1995.

McDonald's Corporation (MCD) grew revenue by 1.7% over the past year. Growth has been modest.

Yes, McDonald's Corporation (MCD) is profitable, generating $8.41B in net income for fiscal year 2024 (31.7% net margin).

Dividend & Returns

Yes, McDonald's Corporation (MCD) pays a dividend with a yield of 2.37%. This makes it attractive for income-focused investors.

McDonald's Corporation (MCD) generated $7.37B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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