McDonald's Corporation (MCD) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
MCD Revenue Growth
Revenue Breakdown (FY 2024)
MCD's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
MCD Revenue Analysis (2013–2024)
As of May 6, 2026, McDonald's Corporation (MCD) generated trailing twelve-month (TTM) revenue of $26.26 billion, reflecting modest growth of +3.0% year-over-year. The most recent quarter (Q3 2025) recorded $7.08 billion in revenue, up 3.4% sequentially.
Looking at the longer-term picture, MCD's 5-year compound annual growth rate (CAGR) stands at +3.9%, indicating moderate growth over time. The company achieved its highest annual revenue of $28.11 billion in 2013.
Revenue diversification analysis shows MCD's business is primarily driven by High-Growth Markets (49%), UNITED STATES (41%), and International Developmental Licensed Markets and Corporate (10%).
When compared to Consumer Cyclical sector peers including YUM (+9.7% YoY), QSR (+9.3% YoY), and WEN (-1.7% YoY), MCD has underperformed the peer group in terms of revenue growth. Compare MCD vs YUM →
MCD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MCDCurrent | $26.3B | +3.0% | +3.9% | 45.2% | |
 YUM | $8.2B | +9.7% | +7.8% | 30.8% | |
 QSR | $9.4B | +9.3% | +13.7% | 23.7% | |
 WEN | $2.2B | -1.7% | +5.6% | 16.5% | |
 JACK | $1.5B | -13.4% | +7.5% | -1.2% | |
 SHAK | $1.4B | +15.4% | +22.6% | 5.9% |
MCD Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $25.92B | +1.7% | $14.71B | 56.8% | $11.71B | 45.2% |
| 2023 | $25.50B | +10.0% | $14.56B | 57.1% | $11.65B | 45.7% |
| 2022 | $23.18B | -0.2% | $13.21B | 57.0% | $9.37B | 40.4% |
| 2021 | $23.22B | +20.9% | $12.58B | 54.2% | $10.36B | 44.6% |
| 2020 | $19.21B | -10.1% | $9.75B | 50.8% | $7.32B | 38.1% |
| 2019 | $21.36B | +0.5% | $11.18B | 52.3% | $9.07B | 42.5% |
| 2018 | $21.26B | -6.8% | $10.83B | 51.0% | $8.82B | 41.5% |
| 2017 | $22.82B | -7.3% | $10.62B | 46.5% | $9.55B | 41.9% |
| 2016 | $24.62B | -3.1% | $10.20B | 41.4% | $7.74B | 31.5% |
| 2015 | $25.41B | -7.4% | $9.79B | 38.5% | $7.15B | 28.1% |
Full MCD Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy MCD Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See MCD's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MCD Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MCD vs AMZN
Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..
Start ComparisonMCD — Frequently Asked Questions
Quick answers to the most common questions about buying MCD stock.
Is MCD's revenue growth accelerating or slowing?
MCD revenue growth slowed to +3.0%, below the 5-year CAGR of +3.9%. TTM revenue is $26.3B. The deceleration marks a shift from historical growth rates.
What is MCD's long-term revenue growth rate?
McDonald's Corporation's 5-year revenue CAGR of +3.9% reflects the variable expansion pattern. Current YoY growth of +3.0% is near this long-term average.
How is MCD's revenue distributed by segment?
MCD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.