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McDonald's

MCD

McDonald's is a leading global food service retailer that operates and franchises a vast network of restaurants serving a locally relevant menu of quality food and beverages.

Market cap
$197.7B-6.0%
Revenue$27.4B+6.8%
Net income$8.7B+6.3%
Free cash flow$7.0B+5.0%
EPS (diluted)$12.13+7.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$7.1B
EPS estimate$3.34

Financials

Q1 2026

Income statement

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Revenue$6.5B+9.4%
Gross profit$5.8B+9.5%
Operating income$3.0B+11.5%
Net income$2.0B+6.2%
EPS (diluted)$2.78+6.9%

Balance sheet

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Cash & equivalents$1.2B-5.5%
Total debt$54.9B+4.0%
Total equity-$1.3B+62.8%
Total assets$60.0B+6.6%

Cash flow

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Operating cash flow$2.4B-0.7%
CapEx$682.0M+23.8%
Free cash flow$1.7B-7.8%

Valuation & ratios

Valuation

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Market cap$197.7B-6.0%
Enterprise value$251.41B-4.9%
P/E22.8×-2.3×
P/S7.2×-0.9×

Profitability

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Operating margin46.3%+1.0pp
Net margin31.6%-0.1pp
FCF margin25.6%-0.4pp

Returns & leverage

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Current ratio1.1×0.0×

Segments

By segment

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International Operated Markets$3.3B+14.0%
U.S.$2.6B+3.6%
International Developmental Licensed Markets and Corporate$610.0M+11.7%

Competitors

Profile

McDonald's is a leading global food service retailer that operates and franchises a vast network of restaurants serving a locally relevant menu of quality food and beverages. The company leverages a heavily franchised business model to generate stable and predictable revenue streams through royalties, rent, and initial fees. Its core value proposition centers on providing convenience, value, and a consistent brand experience across more than 100 countries.

Competitive position

A dominant global leader in the informal eating out (IEO) segment, competing primarily on price, convenience, and brand recognition.

GeographiesGlobal, United States, China, Japan, Europe
Customer segmentsMass Market, Value-conscious consumers
Business modelFranchise, Real Estate Leasing, Brand Licensing
SuppliersIndependent food suppliers, Packaging manufacturers, Equipment providers, Logistics and distribution partners
CustomersRetail consumers, Franchisees, Developmental licensees
Listed1966
Employees150.0K
CEOChristopher J. Kempczinski
IndustryRestaurants
FilingsSEC EDGAR

Questions, answered.

What is McDonald's's market cap?
McDonald's (MCD) has a market capitalization of $197.70B and trades on NYSE.
What is McDonald's's revenue and profitability?
McDonald's generated $27.4B in trailing twelve-month revenue with net income of $8.7B, representing a net margin of 31.6%. Gross margin stands at 86.6%, with free cash flow of $7.0B. These figures are based on the Q1 2026 filing.
Who are McDonald's's competitors?
McDonald's's key competitors include Wendy's, Burger King, Yum! Brands, and others. These companies compete in similar markets and product categories.
Who does McDonald's partner with?
McDonald's's notable partners include Ronald McDonald House Charities.
Where is McDonald's headquartered?
McDonald's is headquartered in United States of America and employs approximately 150,000 people. It has been publicly traded since 1966.