MCDONALDS CORP
MCDONALDS CORP
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 1,170 | 774 | 2,413 | 1,876 | 1,238 | 1,085 | 1,221 | 792 | 838 | 4,579 | 3,496 | 1,626 | |||||
Accounts Notes And Loans Receivable Net Current | 2,432 | 2,466 | 2,579 | 2,550 | 2,387 | 2,383 | 2,460 | 2,404 | 2,238 | 2,488 | 2,247 | 2,194 | |||||
Inventory Net | 61 | 61 | 55 | 55 | 51 | 56 | 54 | 46 | 46 | 53 | 48 | 52 | |||||
Prepaid Expense And Other Assets Current | 1,046 | 863 | 1,032 | 1,120 | 1,060 | 1,074 | 1,176 | 963 | 935 | 866 | 1,059 | 1,074 | |||||
Assets Current | 4,709 | 4,163 | 6,079 | 5,601 | 4,735 | 4,599 | 4,912 | 4,205 | 4,057 | 7,986 | 6,850 | 4,945 | |||||
Other Assets | |||||||||||||||||
Investments In Affiliates Subsidiaries Associates … | 2,865 | 2,820 | 2,864 | 2,827 | 2,751 | 2,710 | 2,960 | 2,876 | 2,883 | 1,080 | 1,038 | 1,039 | |||||
Goodwill | 3,349 | 3,354 | 3,306 | 3,308 | 3,186 | 3,145 | 3,220 | 3,048 | 3,028 | 3,040 | 2,965 | 2,969 | |||||
Other Assets Noncurrent | 6,357 | 6,331 | 6,588 | 6,492 | 6,265 | 6,095 | 5,673 | 5,627 | 5,586 | 5,618 | 5,063 | 4,869 | |||||
Operating Lease Right Of Use Asset | 14,513 | - | 14,285 | 14,286 | 13,642 | - | 13,632 | 13,234 | 13,277 | - | 12,250 | 12,519 | |||||
Property Plant And Equipm… | |||||||||||||||||
Property Plant And Equipment Gross | 49,477 | 49,290 | 48,215 | 47,609 | 45,258 | 44,177 | 45,178 | 43,846 | 43,432 | 43,570 | 41,967 | 42,131 | |||||
Accumulated Depreciation Depletion And Amortizatio… | -21,232 | -21,049 | -20,729 | -20,570 | -19,509 | -18,882 | -19,403 | -19,035 | -18,750 | -18,662 | -18,043 | -18,030 | |||||
Property Plant And Equipment Net | 28,245 | 28,241 | 27,486 | 27,039 | 25,749 | 25,295 | 25,775 | 24,811 | 24,682 | 24,908 | 23,924 | 24,102 | |||||
Assets | 60,037 | 59,515 | 60,608 | 59,555 | 56,329 | 55,182 | 56,172 | 53,801 | 53,513 | 56,147 | 52,089 | 50,442 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Debt Current | - | - | - | - | - | 0 | - | - | - | 2,192 | - | - | |||||
Short Term Borrowings | - | - | 1,800 | 602 | 80 | - | 596 | 0 | 604 | - | - | - | |||||
Accounts Payable Current | 1,091 | 1,149 | 972 | 838 | 882 | 1,029 | 944 | 949 | 936 | 1,103 | 862 | 807 | |||||
Operating Lease Liability Current | 707 | - | 698 | 686 | 663 | - | 668 | 655 | 685 | - | 668 | 687 | |||||
Accrued Income Taxes Current | 391 | 250 | 367 | 24 | 556 | 361 | 786 | 464 | 873 | 705 | 535 | 385 | |||||
Accrual For Taxes Other Than Income Taxes Current | 253 | 247 | 242 | 245 | 235 | 224 | 263 | 279 | 279 | 268 | 242 | 245 | |||||
Interest Payable Current | 448 | 533 | 471 | 451 | 401 | 482 | 433 | 421 | 372 | 469 | 346 | 343 | |||||
Liabilities Current | 4,146 | 4,361 | 6,079 | 4,298 | 4,008 | 3,861 | 6,308 | 3,910 | 4,886 | 6,859 | 4,003 | 3,674 | |||||
Long Term Debt Noncurrent | 40,105 | 39,973 | 39,483 | 40,801 | 38,845 | 38,424 | 38,990 | 38,524 | 36,764 | 37,153 | 37,275 | 35,710 | |||||
Operating Lease Liability Noncurrent | 14,069 | - | 13,837 | 13,778 | 13,175 | - | 13,157 | 12,820 | 12,828 | - | 11,807 | 12,074 | |||||
Accrued Income Taxes Noncurrent | 151 | 139 | 285 | 292 | 365 | 344 | 74 | 85 | 361 | 363 | 491 | 553 | |||||
Deferred Revenue Noncurrent | 946 | 945 | 936 | 933 | 914 | 778 | 800 | 791 | 784 | 790 | 768 | 769 | |||||
Other Liabilities Noncurrent | 686 | 704 | 694 | 790 | 755 | 771 | 855 | 885 | 927 | 950 | 984 | 1,042 | |||||
Deferred Income Tax Liabilities Net | 1,220 | 1,038 | 1,457 | 1,423 | 1,721 | 1,914 | 1,166 | 1,610 | 1,796 | 1,681 | 1,617 | 1,620 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | |||||
Additional Paid In Capital | 9,792 | 9,641 | 9,560 | 9,500 | 9,423 | 9,281 | 9,194 | 9,055 | 9,001 | 8,893 | 8,825 | 8,736 | |||||
Retained Earnings Accumulated Deficit | 70,942 | 70,282 | 69,440 | 68,424 | 67,436 | 66,834 | 64,819 | 65,026 | 64,203 | 63,480 | 62,649 | 61,437 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -2,363 | -2,414 | -2,414 | -2,430 | -2,557 | -2,553 | -2,337 | -2,463 | -2,533 | -2,456 | -2,546 | -2,456 | |||||
Treasury Stock Value | -79,673 | -79,316 | -78,766 | -78,271 | -77,773 | -77,375 | -76,870 | -76,459 | -75,520 | -74,640 | -73,799 | -72,733 | |||||
Stockholders Equity | -1,286 | -1,791 | -2,163 | -2,760 | -3,454 | -3,797 | -5,177 | -4,824 | -4,833 | -4,707 | -4,855 | -4,999 | |||||
Liabilities And Stockholders Equity | 60,037 | 59,515 | 60,608 | 59,555 | 56,329 | 55,182 | 56,172 | 53,801 | 53,513 | 56,147 | 52,089 | 50,442 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 165 | 165 | 165 | 165 | 165 | 165 | 165 | 165 | 165 | 165 | 165 | 165 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 3,500 | 3,500 | 3,500 | 3,500 | 3,500 | 3,500 | 3,500 | 3,500 | 3,500 | 3,500 | 3,500 | 3,500 | |||||
Common Stock Shares Issued | 1,661 | 1,661 | 1,661 | 1,661 | 1,661 | 1,661 | 1,661 | 1,661 | 1,661 | 1,661 | 1,661 | 1,661 | |||||
Treasury Stock Common Shares | 950 | 950 | 949 | 947 | 946 | 945 | 944 | 943 | 940 | 938 | 935 | 932 | |||||
Dividends Payable Current And Noncurrent | - | - | - | - | - | - | 1,265 | - | - | - | - | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.59% | -4.27% | - | - | - | - | - | - | - | - | - | - |
| 2025 | -0.90% | -5.18% | -2.34% | 1.91% | -0.22% | -0.04% | 2.01% | 2.25% | 1.78% | -6.75% | -5.99% | -16.55% |
| 2024 | -3.58% | -4.47% | -5.53% | 6.44% | 12.64% | 8.53% | 0.46% | 0.25% | -2.54% | -1.13% | 0.77% | 3.13% |
| 2023 | - | - | - | -1.74% | -5.50% | -10.40% | 5.88% | 9.97% | 13.30% | -5.13% | -9.13% | -6.54% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.14 | 0.95 | 1.00 | 1.30 | 1.18 | 1.19 | 0.78 | 1.08 | 0.83 | 1.16 | 1.71 | 1.35 | |||||
| Quick Ratio | 0.87 | 0.74 | 0.82 | 1.03 | 0.90 | 0.90 | 0.58 | 0.82 | 0.63 | 1.03 | 1.43 | 1.04 | |||||
| Working Capital | 563.00M | -198.00M | 0.00 | 1.30B | 727.00M | 738.00M | -1.40B | 295.00M | -829.00M | 1.13B | 2.85B | 1.27B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | -3.22 | -2.43 | -2.81 | -1.56 | -1.16 | -1.02 | -1.22 | -0.81 | -1.01 | -1.46 | -0.82 | -0.73 | |||||
| Interest Coverage TTM | 7.91 | 7.83 | 7.80 | 7.82 | 7.70 | 7.78 | 7.84 | 8.07 | 8.45 | 8.56 | 8.63 | 8.52 | |||||
| Debt Ratio | 0.07 | 0.07 | 0.10 | 0.07 | 0.07 | 0.07 | 0.11 | 0.07 | 0.09 | 0.12 | 0.08 | 0.07 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.47 | 0.47 | 0.45 | 0.46 | 0.47 | 0.47 | 0.48 | 0.49 | 0.49 | 0.48 | 0.50 | 0.49 | |||||
| Days Sales Outstanding TTM | 32.04 | 32.92 | 35.01 | 34.69 | 32.83 | 34.30 | 33.12 | 32.58 | 30.55 | 32.95 | 30.18 | 30.40 | |||||
| Receivables Turnover TTM | 11.39 | 11.09 | 10.42 | 10.52 | 11.12 | 10.64 | 11.02 | 11.20 | 11.95 | 11.08 | 12.09 | 12.01 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 12.16 | 11.95 | 11.76 | 11.70 | 11.36 | 11.39 | 11.45 | 11.51 | 11.84 | 11.56 | 11.39 | 10.89 | |||||
| Free Cash Flow Per Share TTM | 9.90 | 10.07 | 10.34 | 9.66 | 9.38 | 9.29 | 9.18 | 9.87 | 9.95 | 9.97 | 9.89 | 9.10 | |||||
| Dividend Per Share TTM | 7.28 | 7.17 | 7.10 | 6.99 | 6.90 | 6.78 | 6.71 | 6.56 | 6.41 | 6.23 | 6.10 | 5.96 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 91.23% | 91.26% | 91.17% | 91.17% | 91.15% | 91.20% | 91.28% | 91.30% | 91.34% | 91.37% | 91.35% | 91.21% | |||||
| Operating Profit Margin TTM | 46.27% | 46.10% | 46.09% | 45.80% | 45.22% | 45.19% | 44.90% | 45.30% | 46.00% | 45.69% | 45.68% | 45.39% | |||||
| Net Profit Margin TTM | 31.62% | 31.85% | 32.04% | 32.21% | 31.75% | 31.72% | 31.79% | 32.26% | 33.36% | 33.22% | 33.31% | 33.05% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 6.76% | 3.72% | 1.26% | 1.18% | -0.23% | 1.67% | 3.69% | 6.46% | 10.04% | 9.97% | 7.52% | 2.54% | |||||
| Net Income Growth (1Y) | 6.32% | 4.13% | 2.06% | 1.02% | -5.05% | -2.90% | -1.04% | 3.89% | 25.03% | 37.10% | 40.92% | 31.51% | |||||
| EPS Growth (1Y) | 6.95% | 4.85% | 2.61% | 1.63% | -4.13% | -1.61% | 0.41% | 5.45% | 26.61% | 38.72% | 42.41% | 32.93% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 25.28 | 25.15 | 25.27 | 24.28 | 26.56 | 24.44 | 25.39 | 21.03 | 22.44 | 24.02 | 21.54 | 25.37 | |||||
| P/B TTM | -170.60 | -120.25 | -98.34 | -73.84 | -62.77 | -52.93 | -40.45 | -36.22 | -39.91 | -43.21 | -36.96 | -40.58 | |||||
| P/S TTM | 7.99 | 8.01 | 8.10 | 7.82 | 8.43 | 7.75 | 8.07 | 6.78 | 7.49 | 7.98 | 7.17 | 8.38 | |||||
| Market Cap | 219.39B | 215.36B | 212.71B | 203.81B | 216.79B | 200.99B | 209.39B | 174.74B | 192.88B | 203.40B | 179.46B | 202.87B | |||||
| Enterprise Value | 258.33B | 254.56B | 251.58B | 243.34B | 254.48B | 238.33B | 247.76B | 212.47B | 229.41B | 238.16B | 213.24B | 236.95B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 7.04B | 7.19B | 7.37B | 6.90B | 6.71B | 6.67B | 6.58B | 7.10B | 7.18B | 7.26B | 7.20B | 6.64B | |||||
| Net Debt | 38.94B | 39.20B | 38.87B | 39.53B | 37.69B | 37.34B | 38.37B | 37.73B | 36.53B | 34.77B | 33.78B | 34.08B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
MCDONALDS CORP (MCD) — SEC Financial Statements & Analysis
MCDONALDS CORP (MCD) is a retail-eating places company, incorporated in DE. MCDONALDS CORP trades on MCD: NYSE as: MCD. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), MCDONALDS CORP reported a 6.76% year-over-year revenue growth, a Gross Profit Margin of 91.23% (TTM), a Debt-to-Equity ratio of -3.22x, a Price-to-Sales (P/S) ratio of 7.99x (TTM), a Price-to-Book (P/B) ratio of -170.6 (TTM), at a market cap of $219.39B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 6.76%
- Gross Profit Margin TTM
- 91.23%
- Debt To Equity
- -3.22x
- P/S TTM
- 7.99x
- P/B TTM
- -170.6
- Market Cap
- $219.39B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is MCDONALDS CORP in?
MCDONALDS CORP (MCD) operates in the Retail-Eating Places industry.
What is MCD's market cap?
MCDONALDS CORP (MCD) has a market capitalization of $219.39B as of 2026-03-31.
What is MCD's P/E ratio?
MCDONALDS CORP (MCD)'s trailing twelve month P/E ratio is 25.28x as of 2026-03-31.
What exchange does MCD trade on?
MCDONALDS CORP (MCD) trades on the MCD: NYSE.
Where is MCDONALDS CORP incorporated?
MCDONALDS CORP is incorporated in DE.