McDonald's U.S. — Company operated restaurants expenses increased by 3.7% to $669.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $645.00M to $669.00M. Over 2 years (FY 2022 to FY 2024), U.S. — Company operated restaurants expenses shows an upward trend with a 7.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses relative to revenue indicate margin compression, while stable or falling expenses suggest improved operational productivity.
The direct operating costs incurred to run company-owned restaurants, including food, labor, and utilities. This metric...
Standard metric for restaurant operators; peers report this as 'Restaurant Operating Costs' or 'Cost of Sales and Labor'.
mcd_segment_u_s_company_operated_restaurants_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $601.50M | $601.50M | $601.50M | $601.50M | $683.00M | $683.00M | $683.00M | $683.00M | $695.00M | $695.00M | $695.00M | $695.00M | $645.00M | $669.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.5% | +0.0% | +0.0% | +0.0% | +1.8% | +0.0% | +0.0% | +0.0% | -7.2% | +3.7% |
| YoY Change | — | — | — | — | +13.5% | +13.5% | +13.5% | +13.5% | +1.8% | +1.8% | +1.8% | +1.8% | -7.2% | +3.7% |