McDonald's Corporation (FRA:MDO)

McDonald's Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	25,212	25,497	25,179	22,854	22,873	18,865
Other Revenue	495	423	315	329	350.1	342.5
Revenue	25,707	25,920	25,494	23,183	23,223	19,208
Revenue Growth (YoY)	-0.22%	1.67%	9.97%	-0.17%	20.90%	-10.09%
Cost of Revenue	11,099	11,210	10,931	9,975	10,643	9,456
Gross Profit	14,608	14,710	14,563	13,208	12,580	9,752
Selling, General & Admin	2,365	2,412	2,435	2,492	2,378	2,245
Other Operating Expenses	23	-1	-	-19	-285.4	-267.5
Operating Expenses	2,843	2,858	2,817	2,843	2,422	2,278
Operating Income	11,765	11,852	11,746	10,365	10,158	7,474
Interest Expense	-1,510	-1,506	-1,361	-1,207	-1,186	-1,218
Interest & Investment Income	103	103	187	44	9	18
Earnings From Equity Investments	157	157	153	113	176.7	117.4
Currency Exchange Gain (Loss)	-6	-6	19	134	-37	3
Other Non Operating Income (Expenses)	53	41	30	-518	-14.3	13.8
EBT Excluding Unusual Items	10,562	10,641	10,774	8,931	9,107	6,408
Merger & Restructuring Charges	-221	-221	-290	-	-	-
Gain (Loss) on Sale of Assets	-6	-6	110	-1,106	21.2	-267.4
Asset Writedown	-	-	-72	-	-	-
Other Unusual Items	-70	-70	-	-	-	-
Pretax Income	10,265	10,344	10,522	7,825	9,128	6,141
Income Tax Expense	2,103	2,121	2,053	1,648	1,583	1,410
Net Income	8,162	8,223	8,469	6,177	7,545	4,731
Net Income to Common	8,162	8,223	8,469	6,177	7,545	4,731
Net Income Growth	-5.05%	-2.90%	37.10%	-18.13%	59.50%	-21.49%
Shares Outstanding (Basic)	716	718	728	737	746	745
Shares Outstanding (Diluted)	720	722	732	741	752	750
Shares Change (YoY)	-1.36%	-1.42%	-1.21%	-1.40%	0.23%	-1.93%
EPS (Basic)	11.39	11.45	11.63	8.39	10.11	6.35
EPS (Diluted)	11.33	11.39	11.56	8.33	10.04	6.31
EPS Growth	-3.76%	-1.47%	38.78%	-17.03%	59.11%	-19.92%
Free Cash Flow	-	6,672	7,255	5,488	7,102	4,624
Free Cash Flow Per Share	-	9.24	9.91	7.40	9.45	6.17
Dividend Per Share	5.110	6.780	6.230	5.660	5.250	5.040
Dividend Growth	-19.91%	8.83%	10.07%	7.81%	4.17%	6.55%
Gross Margin	56.83%	56.75%	57.12%	56.97%	54.17%	50.77%
Operating Margin	45.77%	45.73%	46.07%	44.71%	43.74%	38.91%
Profit Margin	31.75%	31.72%	33.22%	26.65%	32.49%	24.63%
Free Cash Flow Margin	-	25.74%	28.46%	23.67%	30.58%	24.08%
EBITDA	13,876	13,949	13,724	12,236	12,026	9,225
EBITDA Margin	53.98%	53.82%	53.83%	52.78%	51.79%	48.03%
D&A For EBITDA	2,111	2,097	1,978	1,871	1,868	1,751
EBIT	11,765	11,852	11,746	10,365	10,158	7,474
EBIT Margin	45.77%	45.73%	46.07%	44.71%	43.74%	38.91%
Effective Tax Rate	20.49%	20.51%	19.51%	21.06%	17.34%	22.96%
Revenue as Reported	25,707	25,920	25,494	23,183	23,223	19,208
Advertising Expenses	-	355	347	335	377.6	325.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.