McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
279.20
+1.23 (0.44%)
At close: May 29, 2026, 4:00 PM EDT
279.40
+0.20 (0.07%)
After-hours: May 29, 2026, 7:59 PM EDT
McDonald's Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 27,447 | 26,885 | 25,920 | 25,494 | 23,183 | 23,223 | |
Revenue Growth (YoY) | 6.77% | 3.72% | 1.67% | 9.97% | -0.17% | 20.90% |
Cost of Revenue | 11,705 | 11,451 | 11,210 | 10,931 | 9,975 | 10,643 |
Gross Profit | 15,742 | 15,434 | 14,710 | 14,563 | 13,208 | 12,580 |
Selling, General & Admin | 2,656 | 2,583 | 2,412 | 2,435 | 2,492 | 2,378 |
Depreciation & Amortization Expenses | 462 | 457 | 447 | 382 | 370 | 329.7 |
Other Operating Expenses | -74 | 2 | 139 | 99 | 974 | -483.3 |
Total Operating Expenses | 3,044 | 3,042 | 2,998 | 2,916 | 3,836 | 2,224 |
Operating Income | 12,698 | 12,393 | 11,712 | 11,647 | 9,371 | 10,356 |
Interest Expense | -1,606 | -1,582 | -1,506 | -1,361 | -1,207 | -1,186 |
Other Non-Operating Income (Expense) | 18 | 87 | 139 | 236 | -339 | -42.3 |
Total Non-Operating Income (Expense) | -1,588 | -1,495 | -1,367 | -1,125 | -1,546 | -1,228 |
Pretax Income | 11,109 | 10,897 | 10,345 | 10,522 | 7,825 | 9,128 |
Provision for Income Taxes | 2,432 | 2,334 | 2,121 | 2,053 | 1,648 | 1,583 |
Net Income | 8,678 | 8,563 | 8,223 | 8,469 | 6,177 | 7,545 |
Net Income to Common | 8,678 | 8,563 | 8,223 | 8,469 | 6,177 | 7,545 |
Net Income Growth | 6.33% | 4.13% | -2.90% | 37.10% | -18.13% | 59.50% |
Shares Outstanding (Basic) | 713 | 713 | 718 | 728 | 737 | 746 |
Shares Outstanding (Diluted) | 715 | 716 | 722 | 732 | 741 | 752 |
Shares Change (YoY) | -0.65% | -0.76% | -1.42% | -1.21% | -1.40% | 0.23% |
EPS (Basic) | 12.17 | 12.00 | 11.45 | 11.63 | 8.39 | 10.11 |
EPS (Diluted) | 12.13 | 11.95 | 11.39 | 11.56 | 8.33 | 10.04 |
EPS Growth | 7.06% | 4.92% | -1.47% | 38.78% | -17.03% | 59.11% |
Shares Outstanding | 710.51 | 710.6 | 715.2 | 722.7 | 731.3 | 744.8 |
Free Cash Flow | 7,039 | 7,186 | 6,672 | 7,255 | 5,488 | 7,102 |
Free Cash Flow Growth | -2.05% | 7.70% | -8.04% | 32.20% | -22.72% | 53.57% |
Free Cash Flow Per Share | 9.84 | 10.03 | 9.24 | 9.91 | 7.40 | 9.45 |
Dividends Per Share | 7.260 | 7.170 | 6.780 | 6.230 | 5.660 | 5.250 |
Dividend Growth | 1.26% | 5.75% | 8.83% | 10.07% | 7.81% | 4.17% |
Gross Margin | 57.35% | 57.41% | 56.75% | 57.12% | 56.97% | 54.17% |
Operating Margin | 46.26% | 46.10% | 45.19% | 45.69% | 40.42% | 44.59% |
Profit Margin | 31.61% | 31.85% | 31.73% | 33.22% | 26.64% | 32.49% |
FCF Margin | 25.65% | 26.73% | 25.74% | 28.46% | 23.67% | 30.58% |
EBITDA | 14,943 | 14,592 | 13,809 | 13,625 | 11,242 | 12,224 |
EBITDA Margin | 54.44% | 54.28% | 53.28% | 53.44% | 48.49% | 52.64% |
EBIT | 12,698 | 12,393 | 11,712 | 11,647 | 9,371 | 10,356 |
EBIT Margin | 46.26% | 46.10% | 45.19% | 45.69% | 40.42% | 44.59% |
Effective Tax Rate | 21.89% | 21.42% | 20.50% | 19.51% | 21.06% | 17.34% |