McDonald's Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2005 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2005 - 2019
Revenue	26,060	25,920	25,495	23,182	23,223	19,208	Upgrade
Revenue Growth (YoY)	1.17%	1.67%	9.98%	-0.18%	20.90%	-10.09%	Upgrade
Cost of Revenue	3,045	11,210	10,931	9,975	10,643	9,456	Upgrade
Gross Profit	23,015	14,710	14,564	13,207	12,580	9,752	Upgrade
Selling, General & Admin	2,370	2,412	2,435	2,492	2,378	2,245	Upgrade
Depreciation & Amortization Expenses	460	447	382	370	329.7	300.6	Upgrade
Other Operating Expenses	85	139	99	974	-483.3	-117.5	Upgrade
Operating Income	11,936	11,712	11,647	9,371	10,356	7,324	Upgrade
Interest Expense	-1,527	-1,506	-1,361	-1,207	-1,186	-1,218	Upgrade
Other Non-Operating Income (Expense)	160	139	236	-339	-42.3	34.8	Upgrade
Total Non-Operating Income (Expense)	-1,367	-1,367	-1,125	-1,546	-1,228	-1,183	Upgrade
Pretax Income	10,572	10,345	10,522	7,825	9,128	6,141	Upgrade
Provision for Income Taxes	2,178	2,121	2,053	1,648	1,583	1,410	Upgrade
Net Income	8,392	8,223	8,469	6,177	7,545	4,731	Upgrade
Net Income to Common	8,392	8,223	8,469	6,177	7,545	4,731	Upgrade
Net Income Growth	1.02%	-2.90%	37.10%	-18.13%	59.50%	-21.49%	Upgrade
Shares Outstanding (Basic)	716	718	728	737	746	745	Upgrade
Shares Outstanding (Diluted)	719	722	732	741	752	750	Upgrade
Shares Change (YoY)	-1.10%	-1.42%	-1.21%	-1.40%	0.23%	-1.93%	Upgrade
EPS (Basic)	11.73	11.45	11.63	8.39	10.11	6.35	Upgrade
EPS (Diluted)	11.67	11.39	11.56	8.33	10.04	6.31	Upgrade
EPS Growth	2.10%	-1.47%	38.78%	-17.03%	59.11%	-19.92%	Upgrade
Free Cash Flow	6,899	6,672	7,255	5,488	7,102	4,624	Upgrade
Free Cash Flow Growth	3.40%	-8.04%	32.20%	-22.72%	53.57%	-19.27%	Upgrade
Free Cash Flow Per Share	9.60	9.24	9.91	7.40	9.45	6.17	Upgrade
Dividends Per Share	6.980	6.780	6.230	5.660	5.250	5.040	Upgrade
Dividend Growth	2.95%	8.83%	10.07%	7.81%	4.17%	6.55%	Upgrade
Gross Margin	88.32%	56.75%	57.12%	56.97%	54.17%	50.77%	Upgrade
Operating Margin	45.80%	45.19%	45.68%	40.42%	44.59%	38.13%	Upgrade
Profit Margin	32.21%	31.73%	33.22%	26.65%	32.49%	24.63%	Upgrade
FCF Margin	26.47%	25.74%	28.46%	23.67%	30.58%	24.08%	Upgrade
EBITDA	14,085	13,809	13,625	11,242	12,224	9,075	Upgrade
EBITDA Margin	54.05%	53.28%	53.44%	48.49%	52.64%	47.25%	Upgrade
EBIT	11,936	11,712	11,647	9,371	10,356	7,324	Upgrade
EBIT Margin	45.80%	45.19%	45.68%	40.42%	44.59%	38.13%	Upgrade
Effective Tax Rate	20.60%	20.50%	19.51%	21.06%	17.34%	22.96%	Upgrade

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.