McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
270.95
+1.82 (0.68%)
At close: Aug 21, 2026, 4:00 PM EDT
270.85
-0.10 (-0.04%)
After-hours: Aug 21, 2026, 7:59 PM EDT

McDonald's Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Revenue
27,01526,76926,23825,66125,48225,21225,49725,57225,42625,44525,17924,68823,88123,10122,85422,93123,24423,39922,87322,161
Other Revenue
687677647603578495423367332320315325.1312.2314329334350.6364.8350.1366.6
27,70227,44626,88526,26426,06025,70725,92025,93925,75825,76525,49425,01424,19423,41523,18323,26523,59423,76423,22322,528
Revenue Growth (YoY)
6.30%6.77%3.72%1.25%1.17%-0.22%1.67%3.70%6.47%10.04%9.97%7.51%2.54%-1.47%-0.17%3.27%8.51%21.13%20.90%16.59%
Cost of Revenue
11,80611,70611,45111,18211,20811,09911,21011,25311,08311,07710,93110,69710,2949,9449,97510,20610,55010,80210,64310,428
Gross Profit
15,89615,74015,43415,08214,85214,60814,71014,68614,67514,68814,56314,31713,90013,47113,20813,05913,04512,96212,58012,099
Selling, General & Admin
2,7672,6562,5832,4982,3702,3652,4122,4792,5262,5042,4352,4242,4182,4612,4922,5272,5112,4722,3782,320
Other Operating Expenses
-1-1-1-1--1-1--2-1--0.20.80.8-19-0.4-0.4-0.4-285.4-6.8
Operating Expenses
3,2323,1163,0392,9662,8312,8192,8582,8812,9112,8852,8172,8072,7972,8382,8432,8922,8662,8182,4222,637
Operating Income
12,66412,62412,39512,11612,02111,78911,85211,80511,76411,80311,74611,51011,10310,63310,36510,16710,17810,14410,1589,462
Interest Expense
-1,625-1,606-1,582-1,552-1,526-1,510-1,506-1,486-1,447-1,403-1,361-1,324-1,289-1,250-1,207-1,180-1,167-1,173-1,186-1,199
Interest & Investment Income
647282817373103150179196187148111.879.44420.5129.8910.7
Earnings From Equity Investments
195190190194183174157174171159153146.7135120.9113138.3150172.9176.7176.4
Currency Exchange Gain (Loss)
-81-76-40-15817-6-16-611964.3114.7135.71349440.7-5.4-37-57.1
Other Non Operating Income (Expenses)
242345567960412910203029.838.1-5.6-518-525.9-544-502.2-14.3-6.2
EBT Excluding Unusual Items
11,24111,22711,09010,88010,83810,60310,64110,65610,67110,77610,77410,57510,2139,7138,9318,7148,6708,6469,1078,387
Merger & Restructuring Charges
-218-210-229-85-229-243-221-354-193-154-290-224-198-180------
Gain (Loss) on Sale of Investments
---------------339339203.8-135
Gain (Loss) on Sale of Assets
1639336-52-58-16-69185104110-5.2-56.2-1,109-1,106-1,120-1,259-6.621.2-11.6
Asset Writedown
-1--389-9--71-161-63-72-0.2----339.2---339.7
Other Unusual Items
----70-70-70-70------127.1----127.1--
Pretax Income
11,18511,11010,89710,67610,57010,26510,34410,32210,40210,66310,52210,3469,9598,5517,8257,5947,7508,7169,1288,850
Income Tax Expense
2,3982,4322,3342,2612,1772,1032,1212,0762,0952,0672,0532,0131,9611,6761,6481,6821,6681,6041,5831,567
Net Income
8,7878,6788,5638,4158,3938,1628,2238,2468,3078,5968,4698,3337,9986,8756,1775,9136,0817,1127,5457,284
Net Income to Common
8,7878,6788,5638,4158,3938,1628,2238,2468,3078,5968,4698,3337,9986,8756,1775,9136,0817,1127,5457,284
Net Income Growth (YoY)
4.69%6.32%4.13%2.05%1.03%-5.05%-2.90%-1.05%3.86%25.03%37.10%40.94%31.52%-3.34%-18.13%-18.82%-11.82%37.82%59.50%47.88%
Shares Outstanding (Basic)
711712713715716717718720723726728730732734737740743746746746
Shares Outstanding (Diluted)
714715716718719720722724727730732734736738741745748751752752
Shares Change (YoY)
-0.73%-0.66%-0.76%-0.86%-1.10%-1.36%-1.42%-1.42%-1.29%-1.13%-1.21%-1.44%-1.61%-1.69%-1.40%-0.87%-0.36%0.10%0.23%0.07%
EPS (Basic)
12.3612.1812.0011.7811.7311.3911.4511.4511.4911.8511.6311.4210.939.378.397.998.189.5410.119.76
EPS (Diluted)
12.3112.1311.9511.7211.6711.3311.3911.3911.4211.7711.5611.3410.869.318.337.938.139.4710.049.70
EPS Growth (YoY)
5.48%7.06%4.92%2.90%2.17%-3.76%-1.47%0.40%5.19%26.52%38.78%43.01%33.58%-1.78%-17.03%-18.23%-11.53%37.50%59.11%47.98%

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
7,7617,0397,1867,3726,8986,7066,6726,5807,0967,1817,2557,1966,6395,6725,4885,7946,0087,0787,1026,652
Free Cash Flow Per Share
10.889.8410.0310.279.609.319.249.099.769.849.919.809.027.687.407.788.039.439.458.85
Dividend Per Share
7.3507.2607.1707.0806.9806.8806.7806.6806.5306.3806.2306.0805.9405.8005.6605.5205.4305.3405.2505.160
Dividend Growth (YoY)
5.30%5.52%5.75%5.99%6.89%7.84%8.83%9.87%9.93%10.00%10.07%10.14%9.39%8.61%7.81%6.98%6.05%5.12%4.17%3.20%
Gross Margin
57.38%57.35%57.41%57.43%56.99%56.83%56.75%56.62%56.97%57.01%57.12%57.24%57.45%57.53%56.97%56.13%55.29%54.55%54.17%53.71%
Operating Margin
45.72%46.00%46.10%46.13%46.13%45.86%45.73%45.51%45.67%45.81%46.07%46.02%45.89%45.41%44.71%43.70%43.14%42.69%43.74%42.00%
Profit Margin
31.72%31.62%31.85%32.04%32.21%31.75%31.72%31.79%32.25%33.36%33.22%33.32%33.06%29.36%26.65%25.41%25.77%29.93%32.49%32.33%
Free Cash Flow Margin
28.02%25.65%26.73%28.07%26.47%26.09%25.74%25.37%27.55%27.87%28.46%28.77%27.44%24.22%23.67%24.91%25.46%29.79%30.58%29.53%
EBITDA
14,93014,86914,59414,29214,17013,89613,94913,84613,77113,80113,72413,45513,01512,51412,23612,05612,07112,03812,02611,313
EBITDA Margin
53.90%54.17%54.28%54.42%54.37%54.05%53.82%53.38%53.46%53.56%53.83%53.79%53.79%53.44%52.78%51.82%51.16%50.66%51.79%50.22%
D&A For EBITDA
2,2662,2452,1992,1762,1492,1072,0972,0412,0071,9981,9781,9441,9121,8811,8711,8891,8931,8941,8681,851
EBIT
12,66412,62412,39512,11612,02111,78911,85211,80511,76411,80311,74611,51011,10310,63310,36510,16710,17810,14410,1589,462
EBIT Margin
45.72%46.00%46.10%46.13%46.13%45.86%45.73%45.51%45.67%45.81%46.07%46.02%45.89%45.41%44.71%43.70%43.14%42.69%43.74%42.00%
Effective Tax Rate
21.44%21.89%21.42%21.18%20.60%20.49%20.51%20.11%20.14%19.38%19.51%19.45%19.69%19.60%21.06%22.14%21.53%18.40%17.34%17.70%
Revenue as Reported
27,70227,44626,88526,26426,06025,70725,92025,93825,75825,76525,49425,01524,19423,41523,18323,26523,59423,76423,22322,528
Advertising Expenses
--341---355---347---335---377.6-
SEC Filings: 10-K · 10-Q