Share

Profile & Fundamentals

McDonald's Profile & Fundamentals

Name: McDonald's financial chart data preview
Creator: iPulse AI
License: https://ipulseai.com/terms

Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

Interactive annual & quarterly chartsAI financial reviewsReported source tables

Explore this pageJump to a Profile & Fundamentals section

Explore this research

Profile & Fundamentals contents

Jump directly to any section

Company and Market Context

Company Profile & Ownership

McDonald's Corporation owns, operates, and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, frozen desserts, sundaes, soft serve cones, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates franchised restaurants under various structures, including conventional franchise, developmental license, or affiliate. McDonald's Corporation was founded in 1940 and is based in Chicago, Illinois.

Company profile record

McDonald’s Corporation

Common Stock · Consumer Discretionary · Restaurants

Official website

Company

Company / asset: McDonald’s Corporation
Security type: Common Stock
Sector: Consumer Discretionary
Industry: Restaurants
HQ: 🇺🇸 United States
Head office: 110 North Carpenter Street, Chicago, IL, United States, 60607

Leadership & scale

Chief executive: Mr. Christopher J. Kempczinski
CEO year born: 1969
Full-time employees: 150K
Fiscal year end: December
IPO date: 1965-04-21

Fundamentals snapshot

Updated 2026-09-14

Market Cap: USD 177.1B
P/E: 20.2x
Revenue (Q2 26): USD 7.1B
Profit (Q2 26): USD 2.4B
Dividend Yield: 2.1%
Revenue (FY 25): USD 26.9B
Shares in public float: 706.6M
Insider ownership: 0.26%

Reporting & identifiers

Symbol: MCD.NYSE
Listing: 🇺🇸 United States | Dividend Tax: 30%
Ticker Currency: USD
Income Statement Currency: USD
Balance Sheet Currency: USD
Cash Flow Currency: USD
EPS Currency: USD
Contract Type: SPOT
ISIN: US5801351017
Asset ID: equity_87cf683d-e37f-57df-b1b2-bcd2c0441706

Ownership

Shares Outstanding

Shares outstanding

Annual reported shares outstanding. Values in shares.

Top holders

BlackRock Inc55,352,735 shares · 7.82% · Reported 2026-03-31
Vanguard Capital Management, LLC46,216,017 shares · 6.53% · Reported 2026-03-31
JPMorgan Chase & Co37,656,840 shares · 5.32% · Reported 2026-03-31
State Street Corp35,433,830 shares · 5.01% · Reported 2026-03-31
Vanguard MStar Total Stk Mkt Idx Invest22,622,147 shares · 3.20% · Reported 2026-07-31
Vanguard Portfolio Management, LLC19,104,792 shares · 2.70% · Reported 2026-03-31
Vanguard 500 Index Investor18,649,946 shares · 2.64% · Reported 2026-07-31

View more holders (8)

Geode Capital Management, LLC17,961,915 shares · 2.54% · Reported 2026-03-31
Morgan Stanley - Brokerage Accounts15,618,509 shares · 2.21% · Reported 2026-03-31
Bank of America Corp12,156,558 shares · 1.72% · Reported 2026-03-31
NORGES BANK9,878,380 shares · 1.40% · Reported 2026-06-30
T. Rowe Price Associates, Inc.9,734,954 shares · 1.38% · Reported 2026-03-31
iShares Core S&P 500 ETF9,461,438 shares · 1.34% · Reported 2026-08-31
Fidelity 500 Index9,187,587 shares · 1.30% · Reported 2026-07-31
Capital Research Global Investors8,961,454 shares · 1.27% · Reported 2026-06-30

Earnings, Profitability & Valuation

Earnings & Revenue

AI Review

The company continues to show incredibly strong financial results, highlighted by a massive operating margin of over 46 percent and more than 7 billion dollars in annual free cash flow. Most reports agree that the company's unique business model—collecting rent and royalties rather than running restaurants directly—keeps its corporate earnings highly stable and protected from inflation. However, there is a clear disagreement about whether these stellar earnings can last. Optimistic views believe that digital loyalty programs and price increases will keep profits growing steadily. In contrast, more cautious assessments warn that corporate earnings are currently over-earning and mask severe financial pain at the individual store level. If local store owners continue to struggle with high costs, the parent company's profits will eventually face pressure as they are forced to provide financial support.

Revenue, Net Income, and Free Cash Flow

Revenue
Free cash flow
Net income

Annual reported financial results, converted using the statement's recorded USD conversion. Missing values are omitted. Values in USD.

Valuation

Historical P/E Ratio

Published P/E

Published valuation snapshots. Trailing four-quarter earnings where available; annual earnings otherwise. Non-positive earnings are omitted. Values in times earnings.

Profitability & Margins

AI Review

The company boasts exceptionally high profitability, with operating margins holding steady at around 46 percent. The reports agree that these software-like margins are a direct result of the franchise model, which allows the parent company to collect steady rent and royalties while local store owners absorb the volatile costs of food and labor. However, there is a sharp clash over whether these peak margins can be sustained. Optimistic outlooks believe that the company's pricing power and digital loyalty programs will keep margins stable. Conversely, skeptical assessments argue that margins have reached their absolute ceiling. They warn that as local store owners face extreme pressure from rising costs and forced value-menu discounts, the parent company will eventually have to step in with financial relief. This necessary support would inevitably drag corporate margins down, making the current high valuation vulnerable to a downward adjustment.

Profitability Margins

Gross margin
Operating margin
Net margin
Free cash flow margin

Annual gross, operating, net income and free cash flow divided by revenue for matching reporting dates. Values in percent.

Complete Research Workspace

Unlock the complete Profile & Fundamentals

Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.

Sign in to check access View Base plan

Paywalled preview begins: Reported Data Tables — chart preview

From this section to the end-of-preview notice below, research is provided as simplified HTML text and tables. Full access provides the complete interactive interface, charts and additional datasets.

Reported Data Tables — chart preview

The following tables contain the same values as the financial charts above. Monetary values are USD; margins are percentages. Missing inputs are not estimated. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Source: eodhd. Statement snapshots with chart transformations and ratios calculated by iPulse AI. Snapshot retrieved 2026-09-15.

Annual earnings and profitability
Period end	Revenue	Free cash flow	Net income	Gross margin	Operating margin	Net margin	Free cash flow margin
2016-12-31	24,621,900,000	4,238,500,000	4,686,500,000	41.45	31.45	19.03	17.21
2017-12-31	22,820,400,000	3,697,500,000	5,192,300,000	46.54	41.86	22.75	16.2
2018-12-31	21,257,900,000	4,225,000,000	5,924,300,000	50.96	41.5	27.87	19.87
2019-12-31	21,364,400,000	5,728,400,000	6,025,400,000	52.33	42.45	28.2	26.81
2020-12-31	19,207,800,000	4,624,400,000	4,730,500,000	50.77	38.13	24.63	24.08
2021-12-31	23,222,900,000	7,101,500,000	7,545,200,000	54.17	44.59	32.49	30.58
2022-12-31	23,182,000,000	5,487,500,000	6,177,000,000	56.97	40.42	26.65	23.67
2023-12-31	25,495,000,000	7,254,500,000	8,469,000,000	57.12	45.68	33.22	28.45
2024-12-31	25,920,000,000	6,672,000,000	8,223,000,000	56.75	45.19	31.72	25.74
2025-12-31	26,885,000,000	7,186,000,000	8,563,000,000	57.41	46.1	31.85	26.73

Published valuation snapshots
Period end	P/E (times earnings)	Earnings basis
2025-12-31	25.49	Trailing four quarters
2024-12-31	25.38	Trailing four quarters
2023-12-31	25.48	Trailing four quarters
2022-12-31	31.4	Annual net income
2021-12-31	26.7	Annual net income

Shares outstanding — chart values
Reporting date	Shares outstanding
2017-01-01	803,000,000
2018-01-01	776,600,000
2019-01-01	755,600,000
2020-01-01	751,000,000
2021-01-01	751,600,000
2022-01-01	736,000,000
2023-01-01	727,800,000
2024-01-01	719,700,000
2025-01-01	714,200,000
2026-01-01	713,500,000

End of the paywalled preview

The excerpt from Reported Data Tables — chart preview to this notice is the simplified paywalled content included on this page. A signed-in, verified account with the required subscription provides the full interactive interface and the additional research, datasets and tools listed below.

Those additional materials are not included in this preview and cannot be revealed by removing its visual restrictions.

Additional with full access

Earnings, Profitability & Valuation
- Complete profitability ratios
- EPS history and estimate comparisons
- Execution vs expectations
- Annual and quarterly financial views
Capital Expenditure & R&D
- Capital allocation AI review
- Annual capital expenditure
- Investment intensity trends
- Capex and R&D intensity indicators
Balance Sheet
- Balance sheet AI review
- Assets, debt and equity
- Capital structure
- Liquidity and leverage
- Retained earnings
Dividends & Actions
- Cash dividends paid
- Dividend indicators
- Buybacks and issuance
- Combined shareholder returns
- Available corporate actions
Company Events
- Dated insider transactions
- Material company activity

Explore complete public research examples

These public assets show the complete asset profiles, fundamental datasets and analysis. Their findings concern those assets, not this report.