McDonald's Corporation
NYSE:MCD
312.39 (USD) • At close June 3, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 25,920 | 25,495 | 23,182 | 23,222.9 | 19,207.8 | 21,364.4 | 21,257.9 | 22,820.4 | 24,621.9 | 25,413 | 27,441.3 | 28,105.7 | 27,567 | 27,006 | 24,074.6 | 22,744.7 | 23,522.4 | 22,786.6 | 20,895.2 | 19,117.3 | 18,594 | 17,140.5 | 15,405.7 | 14,870 | 14,243 | 13,259.3 | 12,421.4 | 11,408.8 | 10,686.5 | 9,794.5 | 8,320.8 | 7,408.1 | 7,133.3 | 6,695 | 6,639.6 | 6,142 | 5,566.3 | 4,893.5 | 4,143.5 | 3,694.7 |
| Cost of Revenue
| 11,210 | 10,931 | 9,975 | 10,642.7 | 9,455.7 | 10,185 | 10,425.3 | 12,199.6 | 14,417.2 | 15,623.8 | 16,985.6 | 17,203 | 16,750.7 | 16,319.4 | 14,437.3 | 13,952.9 | 14,883.2 | 14,881.4 | 13,963.2 | 12,940 | 12,690.6 | 8,532.3 | 7,668.5 | 7,352.7 | 6,832.2 | 5,192.7 | 4,838.2 | 1,978.8 | 1,803.7 | 3,622.7 | 2,992.8 | 2,685.4 | 1,133.9 | 1,113.3 | 1,190.1 | 3,582 | 3,287.9 | 2,868.2 | 1,807.9 | 1,484.1 |
| Gross Profit
| 14,710 | 14,564 | 13,207 | 12,580.2 | 9,752.1 | 11,179.4 | 10,832.6 | 10,620.8 | 10,204.7 | 9,789.2 | 10,455.7 | 10,902.7 | 10,816.3 | 10,686.6 | 9,637.3 | 8,791.8 | 8,639.2 | 7,905.2 | 6,932 | 6,177.3 | 5,903.4 | 8,608.2 | 7,737.2 | 7,517.3 | 7,410.8 | 8,066.6 | 7,583.2 | 9,430 | 8,882.8 | 6,171.8 | 5,328 | 4,722.7 | 5,999.4 | 5,581.7 | 5,449.5 | 2,560 | 2,278.4 | 2,025.3 | 2,335.6 | 2,210.6 |
| Gross Profit Ratio
| 0.568 | 0.571 | 0.57 | 0.542 | 0.508 | 0.523 | 0.51 | 0.465 | 0.414 | 0.385 | 0.381 | 0.388 | 0.392 | 0.396 | 0.4 | 0.387 | 0.367 | 0.347 | 0.332 | 0.323 | 0.317 | 0.502 | 0.502 | 0.506 | 0.52 | 0.608 | 0.61 | 0.827 | 0.831 | 0.63 | 0.64 | 0.638 | 0.841 | 0.834 | 0.821 | 0.417 | 0.409 | 0.414 | 0.564 | 0.598 |
| Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & Administrative Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling & Marketing Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A
| 2,412 | 2,435 | 2,492 | 2,377.8 | 2,245 | 1,966.9 | 1,985.4 | 2,231.3 | 2,384.5 | 2,434.3 | 2,487.9 | 2,385.6 | 2,455.2 | 2,393.7 | 2,333.3 | 2,234.2 | 2,355.5 | 2,367 | 2,295.7 | 2,118.4 | 1,939.1 | 5,244.4 | 4,791 | 4,562.9 | 4,277.5 | 3,895.9 | 3,678.8 | 5,941.4 | 5,553.1 | 2,967.2 | 2,542.1 | 2,232.3 | 3,646.9 | 3,502.8 | 3,455.6 | 663 | 611.3 | 525.1 | 1,175 | 1,119.4 |
| Other Expenses
| 586 | 482 | 1,344 | -153.6 | 183.1 | 142.7 | 24.6 | -1,163.2 | 75.7 | 209.4 | 18.6 | -247.2 | -243.5 | -236.8 | -169.1 | -283.4 | -159.2 | 1,659.2 | 203.3 | 74.9 | 426.4 | 531.6 | 833.3 | 257.4 | 0 | 956.3 | 881.1 | 793.8 | 742.9 | 709 | 628.6 | 568.4 | 554.9 | 514.2 | 493.3 | 438 | 383.4 | 338.4 | 236.3 | 234.3 |
| Operating Expenses
| 2,998 | 2,917 | 3,836 | 2,224.2 | 2,428.1 | 2,109.6 | 2,010 | 1,068.1 | 2,460.2 | 2,643.7 | 2,506.5 | 2,138.4 | 2,211.7 | 2,156.9 | 2,164.2 | 1,950.8 | 2,196.3 | 4,026.2 | 2,499 | 2,193.3 | 2,365.5 | 5,776 | 5,624.3 | 4,820.3 | 4,277.5 | 4,852.2 | 4,559.9 | 6,735.2 | 6,296 | 3,676.2 | 3,170.7 | 2,800.7 | 4,201.8 | 4,017 | 3,948.9 | 1,101 | 994.7 | 863.5 | 1,411.3 | 1,353.7 |
| Operating Income
| 11,712 | 11,647 | 9,371 | 10,356 | 7,324 | 9,069.8 | 8,822.6 | 9,552.7 | 7,744.5 | 7,145.5 | 7,949.2 | 8,764.3 | 8,604.6 | 8,529.7 | 7,473.1 | 6,841 | 6,442.9 | 3,879 | 4,433 | 3,984 | 3,537.9 | 2,832.2 | 2,112.9 | 2,697 | 3,133.3 | 3,214.4 | 3,023.3 | 2,694.8 | 2,586.8 | 2,495.6 | 2,157.3 | 1,922 | 1,797.6 | 1,564.7 | 1,500.6 | 1,459 | 1,283.7 | 1,161.8 | 924.3 | 856.9 |
| Operating Income Ratio
| 0.452 | 0.457 | 0.404 | 0.446 | 0.381 | 0.425 | 0.415 | 0.419 | 0.315 | 0.281 | 0.29 | 0.312 | 0.312 | 0.316 | 0.31 | 0.301 | 0.274 | 0.17 | 0.212 | 0.208 | 0.19 | 0.165 | 0.137 | 0.181 | 0.22 | 0.242 | 0.243 | 0.236 | 0.242 | 0.255 | 0.259 | 0.259 | 0.252 | 0.234 | 0.226 | 0.238 | 0.231 | 0.237 | 0.223 | 0.232 |
| Total Other Income Expenses Net
| -1,367 | -1,125 | -1,546 | -1,228.1 | -1,183.3 | -1,051.7 | -1,006.5 | -979.2 | -878.5 | -589.8 | -577.2 | -559.8 | -525.6 | -517.5 | -472.8 | -354 | -284.9 | -306.9 | -278.6 | -323.8 | -337.2 | -485.8 | -450.8 | -367.3 | -251 | -330.3 | -715.9 | -287.5 | -335.8 | -326.5 | -270.7 | -246.3 | -349.5 | -265.3 | -254.3 | -302 | -237.2 | -203 | -76.2 | -74.7 |
| Income Before Tax
| 10,345 | 10,522 | 7,825 | 9,127.9 | 6,140.7 | 8,018.1 | 7,816.1 | 8,573.5 | 6,866 | 6,555.7 | 7,372 | 8,204.5 | 8,079 | 8,012.2 | 7,000.3 | 6,487 | 6,158 | 3,572.1 | 4,154.4 | 3,660.2 | 3,200.7 | 2,346.4 | 1,662.1 | 2,329.7 | 2,882.3 | 2,884.1 | 2,307.4 | 2,407.3 | 2,251 | 2,169.1 | 1,886.6 | 1,675.7 | 1,448.1 | 1,299.4 | 1,246.3 | 1,157 | 1,046.5 | 958.8 | 848.1 | 782.2 |
| Income Before Tax Ratio
| 0.399 | 0.413 | 0.338 | 0.393 | 0.32 | 0.375 | 0.368 | 0.376 | 0.279 | 0.258 | 0.269 | 0.292 | 0.293 | 0.297 | 0.291 | 0.285 | 0.262 | 0.157 | 0.199 | 0.191 | 0.172 | 0.137 | 0.108 | 0.157 | 0.202 | 0.218 | 0.186 | 0.211 | 0.211 | 0.221 | 0.227 | 0.226 | 0.203 | 0.194 | 0.188 | 0.188 | 0.188 | 0.196 | 0.205 | 0.212 |
| Income Tax Expense
| 2,121 | 2,053 | 1,648 | 1,582.7 | 1,410.2 | 1,992.7 | 1,891.8 | 3,381.2 | 2,179.5 | 2,026.4 | 2,614.2 | 2,618.6 | 2,614.2 | 2,509.1 | 2,054 | 1,936 | 1,844.8 | 1,237.1 | 1,288.3 | 1,082.6 | 923.2 | 838.2 | 670 | 693.1 | 905 | 936.2 | 757.3 | 764.8 | 678.4 | 741.8 | 662.2 | 593.2 | 489.5 | 439.8 | 444 | 430 | 400.6 | 409.7 | 368.4 | 349.2 |
| Net Income
| 8,223 | 8,469 | 6,177 | 7,545.2 | 4,730.5 | 6,025.4 | 5,924.3 | 5,192.3 | 4,686.5 | 4,529.3 | 4,757.8 | 5,585.9 | 5,464.8 | 5,503.1 | 4,946.3 | 4,551 | 4,313.2 | 2,395.1 | 3,544.2 | 2,602.2 | 2,278.5 | 1,471.4 | 893.5 | 1,636.6 | 1,977.3 | 1,947.9 | 1,550.1 | 1,642.5 | 1,572.6 | 1,427.3 | 1,224.4 | 1,082.5 | 958.6 | 859.6 | 802.3 | 727 | 645.9 | 549.1 | 479.7 | 433 |
| Net Income Ratio
| 0.317 | 0.332 | 0.266 | 0.325 | 0.246 | 0.282 | 0.279 | 0.228 | 0.19 | 0.178 | 0.173 | 0.199 | 0.198 | 0.204 | 0.205 | 0.2 | 0.183 | 0.105 | 0.17 | 0.136 | 0.123 | 0.086 | 0.058 | 0.11 | 0.139 | 0.147 | 0.125 | 0.144 | 0.147 | 0.146 | 0.147 | 0.146 | 0.134 | 0.128 | 0.121 | 0.118 | 0.116 | 0.112 | 0.116 | 0.117 |
| EPS
| 11.45 | 11.63 | 8.39 | 10.11 | 6.35 | 7.95 | 7.61 | 6.43 | 5.49 | 4.82 | 4.85 | 5.59 | 5.41 | 5.33 | 4.64 | 4.17 | 3.83 | 2.02 | 2.87 | 2.06 | 1.81 | 1.16 | 0.7 | 1.28 | 1.49 | 1.44 | 1.14 | 1.18 | 1.11 | 0.99 | 0.84 | 0.73 | 0.65 | 0.59 | 0.55 | 0.49 | 0.43 | 0.37 | 0.32 | 0.28 |
| EPS Diluted
| 11.39 | 11.56 | 8.33 | 10.04 | 6.31 | 7.88 | 7.54 | 6.37 | 5.44 | 4.8 | 4.82 | 5.55 | 5.36 | 5.27 | 4.58 | 4.11 | 3.76 | 1.98 | 2.83 | 2.04 | 1.79 | 1.15 | 0.7 | 1.25 | 1.46 | 1.39 | 1.1 | 1.15 | 1.08 | 0.99 | 0.84 | 0.71 | 0.64 | 0.57 | 0.54 | 0.48 | 0.43 | 0.37 | 0.32 | 0.28 |
| EBITDA
| 13,948 | 13,861 | 10,903 | 12,181.8 | 9,110.2 | 10,757.9 | 10,279.3 | 10,858.2 | 9,267.3 | 8,749.7 | 9,592.9 | 10,317.4 | 10,084.1 | 9,920 | 8,727.4 | 8,176.4 | 7,888.4 | 5,196.3 | 5,644.6 | 5,188.8 | 4,738.9 | 3,980.4 | 3,163.7 | 3,783.3 | 4,144 | 4,170.7 | 3,904.4 | 3,488.6 | 3,329.7 | 3,204.6 | 2,785.9 | 2,490.4 | 2,352.5 | 2,078.9 | 1,993.9 | 1,897 | 1,667.1 | 1,500.2 | 1,160.6 | 1,091.2 |
| EBITDA Ratio
| 0.538 | 0.544 | 0.47 | 0.525 | 0.474 | 0.504 | 0.484 | 0.476 | 0.376 | 0.344 | 0.35 | 0.367 | 0.366 | 0.367 | 0.363 | 0.359 | 0.335 | 0.228 | 0.27 | 0.271 | 0.255 | 0.232 | 0.205 | 0.254 | 0.291 | 0.315 | 0.314 | 0.306 | 0.312 | 0.327 | 0.335 | 0.336 | 0.33 | 0.311 | 0.3 | 0.309 | 0.299 | 0.307 | 0.28 | 0.295 |