Companies / Consumer Discretionary
MCD
McDonald's
Restaurants
RestaurantsAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health68
Growth40
Profitability100
Cash generation84
Balance sheet32
Dilution control83
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)1.1%Revenue growth (FY)3.7%Revenue CAGR (3y)5.1%Gross margin—Operating margin46.1%Net margin31.9%Free cash flow margin26.7%R&D / revenue—Stock comp / revenue0.6%Net debt / operating cash flow3.86xCurrent ratio0.95Diluted share count change-0.8%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $23.2B | $23.2B | $25.5B | $25.9B | $26.9B |
| Operating income | $10.4B | $9.4B | $11.6B | $11.7B | $12.4B |
| Net income | $7.5B | $6.2B | $8.5B | $8.2B | $8.6B |
| Operating cash flow | $9.1B | $7.4B | $9.6B | $9.4B | $10.6B |
| Capital expenditure | $2.0B | $1.9B | $2.4B | $2.8B | $3.4B |
| Free cash flow | $7.1B | $5.5B | $7.3B | $6.7B | $7.2B |
| Stock-based comp | $139M | $167M | $175M | $172M | $165M |
| Buybacks | $846M | $3.9B | $3.1B | $2.8B | $2.1B |
| Dividends | $3.9B | $4.2B | $4.5B | $4.9B | $5.1B |
| Cash | $4.7B | $2.6B | $4.6B | $1.1B | $774M |
| Total debt | $35.6B | $35.9B | $41.9B | $39.2B | $41.5B |
| Equity | -$4.6B | -$6.0B | -$4.7B | -$3.8B | -$1.8B |
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