McDonald’s Corporation, doing business as McDonald’s, is an American multinational fast food chain. As of 2024, it is the second largest by number of locations in the world, behind only the Chinese chain Mixue Ice Cream & Tea. Brothers Richard and Maurice McDonald founded McDonald’s in San Bernardino, California in 1940 as a hamburger stand, and soon franchised the company.
The logo, the Golden Arches, was introduced in 1953. In 1955, the businessman Ray Kroc joined McDonald’s as a franchise agent and bought the company in 1961. In the years since, it has expanded internationally. Today, McDonald’s has over 50,000 restaurant locations worldwide, with around a quarter in the US. Other than food sales, McDonald’s generates income through its ownership of 70% of restaurant buildings and 45% of the underlying land.
In 2018, McDonald’s was the world’s second-largest private employer with 1.7 million employees, behind Walmart, the majority of whom work in the restaurant’s franchises. McDonald’s bestselling licensed items are their French fries and Big Mac hamburgers, other fare includes cheeseburgers, chicken, fish, fruit, and salads.
CEO
Chris Kempczinski
FOUNDED
15 April 1955
HEADQUARTERS
Chicago, Illinois United States
NUMBER OF EMPLOYEES
150,000
SECTOR
Consumer Cyclical
INDUSTRY
Restaurants
Index
DJIA, S&P 500
Market Cap
224.41B
Income
8.16B
Sales
25.71B
Book/sh
-4.83
Cash/sh
1.73
Dividend Est.
7.13 (2.27%)
Dividend TTM
6.88 (2.19%)
Dividend Ex-Date
Jun 02, 2025
Employees
150000
Option/Short
Yes / Yes
Sales Surprise
-2.38%
SMA20
-0.22%
P/E
27.69
Forward P/E
23.58
PEG
3.77
P/S
8.73
P/B
–
P/C
181.27
P/FCF
33.47
Quick Ratio
1.17
Current Ratio
1.18
Debt/Eq
–
LT Debt/Eq
–
EPS Surprise
0.30%
SMA50
0.47%
EPS (ttm)
11.34
EPS next Y
13.31
EPS next Q
3.14
EPS this Y
5.09%
EPS next Y
8.07%
EPS next 5Y
7.35%
EPS past 5Y
7.66%
Sales past 5Y
4.46%
EPS Y/Y TTM
-3.83%
Sales Y/Y TTM
-0.22%
EPS Q/Q
-2.12%
Sales Q/Q
-3.45%
SMA200
4.52%
Insider Own
0.04%
Insider Trans
-16.44%
Inst Own
75.30%
Inst Trans
1.59%
ROA
14.86%
ROE
–
ROI
16.81%
Gross Margin
56.27%
Oper. Margin
45.90%
Profit Margin
31.75%
Payout
59.52%
Earnings
May 01 BMO
Trades
41,750
Shs Outstand
715.00M
Shs Float
714.77M
Short Float
1.35%
Short Ratio
2.63
Short Interest
9.63M
52W Range
243.53 – 326.32
52W High
-3.82%
52W Low
28.88%
RSI (14)
49.87
Recom
2.03
Rel Volume
1.11
Avg Volume
3.66M
Volume
4,056,929
Perf Week
-0.15%
Perf Month
-1.81%
Perf Quarter
1.79%
Perf Half Y
5.96%
Perf Year
23.79%
Perf YTD
8.27%
Beta
0.55
ATR (14)
4.94
Volatility
0.37% 0.99%
Target Price
334.44
Prev Close
311.86
Price
313.85
Change
0.64%
Information edited and updated on 30/05/2025
KEY FINANCIALS
Institutional Ownership
VANGUARD GROUP INC
9.85%
BlackRock, Inc.
7.36%
JPMORGAN CHASE & CO
5.25%
STATE STREET CORP
4.84%
MORGAN STANLEY
2.46%
GEODE CAPITAL MANAGEMENT, LLC
2.32%
BANK OF AMERICA CORP /DE/
2.08%
WELLINGTON MANAGEMENT GROUP LLP
1.66%
PRICE T ROWE ASSOCIATES INC /MD/
1.31%
NORTHERN TRUST CORP
1.25%
Insider Trading
Insider Trading Volume
Income Statement
Period
TTM
FY 2024
FY 2023
Period End Date
—
12/31/2024
12/31/2023
Period Length
12 Months
12 Months
12 Months
Total Revenue
25,707.00
25,920.00
25,493.70
Cost of Goods Sold Incl. D&A
11,241.00
11,318.00
11,080.40
Gross Profit
14,466.00
14,602.00
14,413.30
Selling, General and Administrative Excl. Other
2,667.00
2,742.00
2,694.50
Research and Development
—
—
—
Other Operating Expense
0.00
0.00
0.00
Operating Income
11,799.00
11,860.00
11,718.80
Interest Expense
1,564.00
1,552.00
1,402.10
Unusual Expense
930.00
257.00
725.60
Net Income Before Taxes
10,265.00
10,345.00
10,522.20
Income Taxes
2,103.00
2,121.00
2,053.40
Consolidated Net Income
8,162.00
8,223.00
8,468.80
Net Income From Continuing Operations
8,162.00
8,223.00
8,468.80
Net Income
8,162.00
8,223.00
8,468.80
EPS (Recurring)
12.27
11.64
12.26
EPS (Basic, Before Extraordinaries)
11.39
11.45
11.63
EPS (Diluted)
11.34
11.39
11.56
EBITDA
13,906.00
13,957.00
13,697.00
Non-Operating Income (Expense)
959.00
294.00
931.10
Other After Tax Adjustments
0.00
0.00
0.00
Stock Option Compensation Expense
131.93
136.00
155.40
Price To Earnings Ratio
27.51
27.51
25.42
Price To Sales Ratio
8.73
8.07
8.52
Gross Margin
56.27
56.33
56.54
Operating Margin
45.90
45.76
45.97
Net Margin
31.75
31.72
33.22
Shares Outstanding
715.00
715.20
731.30
Market Capitalization
222,990.19
222,990.19
207,533.15
values in Millions, USD
Balance Sheet
Period
FY 2024
FY 2023
Period End Date
12/31/2024
12/31/2023
Cash & Short Term Investments
1,085.00
4,579.30
Short Term Receivables
2,383.00
2,488.00
Inventories
56.00
52.80
Other Current Assets
1,074.00
866.30
Total Current Assets
4,598.00
7,986.40
Net Property, Plant & Equipment
38,634.00
38,422.00
Total Investments and Advances
2,750.00
1,271.20
Long-Term Note Receivable
—
—
Intangible Assets
4,052.00
3,876.40
Deferred Tax Assets
3,543.00
3,022.90
Other Assets
1,605.00
1,567.90
Total Assets
55,182.00
56,146.80
Short Term Debt Incl. Current Port. of LT Debt
636.00
2,880.50
Accounts Payable
1,029.00
1,102.90
Income Tax Payable
361.00
705.10
Other Current Liabilities
1,835.00
2,170.50
Total Current Liabilities
3,861.00
6,859.00
Long Term Debt
51,312.00
50,210.60
Provision for Risks Charges
0.00
0.00
Deferred Tax Liabilities
1,914.00
1,680.90
Other Liabilities
1,892.00
2,103.00
Total Liabilities
58,979.00
60,853.50
Non-Equity Reserves
0
0
Preferred Stock – Carrying Value
0
0
Common Equity
-3,797.00
-4,706.70
Total Shareholders Equity
-3,797.00
-4,706.70
Accumulated Minority Interest
0.00
0.00
Total Equity
-3,797.00
-4,706.70
Total Liabilities & Stockholders Equity
55,182.00
56,146.80
Book Value Per Share
-5.31
-6.44
Tangible Book Value Per Share
-10.97
-11.74
Full-Time Employees
150,000
150,000
Price to Book Ratio
-64.56
-40.09
Return on Assets
14.77
15.89
Return on Equity
—
—
Return on Invested Capital
17.31
18.61
Quick Ratio
1.18
1.16
Current Ratio
1.19
1.16
values in Millions, USD
Cash Flow
Period
TTM
FY 2024
FY 2023
Period End Date
—
12/31/2024
12/31/2023
Period Length
12 Months
12 Months
12 Months
Net Income
8,162.00
8,223.00
8,468.80
Depreciation
2,107.00
2,097.00
1,978.20
Other Funds (Non Cash)
92.00
138.00
-40.70
Funds from Operations
9,881.00
9,884.00
9,719.90
Extraordinary Item
0.00
0.00
0.00
Changes in Working Capital
-397.00
-438.00
-108.00
Income Taxes Payable
—
-292.00
-220.30
Cash from Operating Activities
9,484.00
9,446.00
9,611.90
Capital Expenditures
-2,779.00
-2,775.00
-2,357.40
Net Assets From Acquisitions
-692.00
-669.00
-441.20
Sale of Fixed Assets and Businesses
437.00
433.00
290.20
Purchase or Sale of Investments
-17.00
-1,837.00
0.00
Purchase of Investments
-17.00
-1,837.00
0.00
Sale Or Maturity of Investments
0.00
0.00
0.00
Other Uses
-574.00
-498.00
-676.10
Other Sources
0.00
0.00
0.00
Cash from Investing Activities
-3,624.00
-5,346.00
-3,184.50
Cash Dividends Paid
-4,930.00
-4,870.00
-4,532.80
Change in Capital Stock
-2,007.00
-2,496.00
-2,794.50
Repurchase of Common Pref Stock
-2,383.00
-2,824.00
-3,054.30
Sale of Common Pref Stock
376.00
328.00
259.80
Proceedsfrom Stock Options
0.00
0.00
0.00
Issuance or Reduction of Debt, Net
1,566.00
-71.00
2,992.80
Change in Long Term Debt
1,693.00
-397.00
2,780.00
Issuance of Long Term Debt
3,878.00
2,380.00
5,221.10
Reduction of Long Term Debt
-2,185.00
-2,777.00
-2,441.10
Net Financing Active Other Cash Flow
-4.00
-56.00
-39.60
Other Financing Activities Uses
-44.00
-56.00
-39.60
Cash from Financing Activities
-5,375.00
-7,493.00
-4,374.10
Exchange Rate Effect
-83
-101
-57.8
Net Change in Cash
402.00
-3,494.00
1,995.50
Free Cash Flow
6,705.00
6,671.00
7,254.50
Preferred Dividends (Cash Flow)
—
0
0
Price to Free Cash Flow
126.39
116.2
79.78
values in Millions, USD
McDonald’s Corp at a Glance
McDonald's Corp Financials at a glance including: EPS, Sales, Shares Outstanding, SPY Comparison, Short Interest, Short Interest History, EPS Performance and Forecast, GAAP EPS Performance and Forecast, Revenue Performance and Forecast, Price Reactions to Earnings Reports, Latest Revisions, Revenue by Products and Services, Revenue by Regions, Revenue by Segment, Dividends, and Dividend Payout History.
Please Note: Information edited and updated on 30/05/2025
Index – Major index membership
Market Cap – Market capitalization
Income – Trailing 12 months income
Sales – Trailing 12 months revenue
Book/sh – Most recent quarter book value a share
Cash/sh – Most recent quarter cash per share
Dividend Est. – Analysts’ dividend estimate (fiscal year)
Dividend TTM – Trailing 12-month dividend
Dividend Ex-Date – Ex-dividend date
Employees – Number of full-time employees
Option/Short – Stock has options on a market exchange/stock is available to sell short
Sales Surprise – Last quarter revenue surprise
SMA20 – Stock price distance from 20-day simple moving average
P/E – Price-to-Earnings (trailing 12-months)
Forward P/E – Forward Price-to-Earnings (next fiscal year)
PEG – Price-to-Earnings-to-Growth
P/S – Price-to-Book (most recent quarter)
P/B – Price-to-Book (most recent quarter)
P/C – Price to cash per share (most recent quarter)
P/FCF – Price to Free Cash Flow (trailing 3-months)
Quick Ratio – Quick Ratio (most recent quarter)
Current Ratio – Current Ratio (most recent quarter)
Debt/Eq – Total Debt to Equity (most recent quarter)
LT Debt/Eq – Long Term Debt to Equity (most recent quarter)
EPS Surprise – Last quarter Earnings-Per-Share surprise
SMA50 – Stock price distance from 50-Day Simple Moving Average
EPS (ttm) – Diluted Earnings-Per-Share (trailing 3-months)
EPS next Y – Earnings-Per-Share estimate for next year
EPS next Q – Earnings-Per-Share estimate next quarter
EPS this Y - Earnings-Per-Share growth this year
EPS next Y - Earnings-Per-Share estimate for next year
EPS next 5Y – Long term annual growth estimate (5 years)
EPS past 5Y – Annual Earnings-Per-Share growth past 5 years
Sales past 5Y – Annual sales growth past 5 years
EPS Y/Y TTM – Earnings-Per-Share growth (trailing 3 months)
Sales Y/Y TTM – Sales growth (trailing 3 months)
EPS Q/Q – Quarterly earnings growth (Year-on-Year)
Sales Q/Q – Quarterly revenue growth (Year-on-Year)
SMA200 – Stock price distance from 2-Day Simple Moving Average
Insider Own – Percentage insider ownership of company shares
Insider Trans – Insider transactions (6-month change in Insider Ownership)
Inst Own – Institutional ownership
Inst Trans - Institutional transactions (3-month change in Institutional Ownership)
ROA – Return on Assets (trailing 3-months)
ROE – Return on Equity (trailing 3-months)
ROI – Return on Investment (trailing 3-months)
Gross Margin – Gross Margin (trailing 3-months)
Oper. Margin – Operating Margin (trailing 3-months)
Profit Margin – Net Profit Margin (trailing 3-months)
Payout – Dividend Payout Ratio (trailing 3-months)
Earnings – BMO = Before Market Open / AMC = After Market Close
Shs Outstand – Shares outstanding
Shs Float – Shares float
Short Float – Short interest share
Short Ratio – Short interest ratio
Short Interest – Short interest
52W Range – 52-Week trading range
52W High – Distance from 52-Week High
52W Low - Distance from 52-Week Low
RSI (14) – Relative Strength Index
Perf Week – Performance (Week)
Perf Month – Performance (Month)
Perf Quarter – Performance (Quarter)
Perf Half Y - Performance (Half Year)
Perf Year – (Year)
Perf YTD - Performance (Year-To-Date)
Beta - Beta
ATR (14) – Average True Range
Volatility – Volatility (Week, Month)
Target Price – Analysts’ mean target price
Price – Current stock price
