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McDonald's MCD Q4 2024 Annual earnings

Reported February 10, 2025 · Before market open

Revenue estimate$6.4B
EPS estimate$2.85

Next report

Aug 5, 2026 (in a month)
Revenue estimate$7.1B
EPS estimate$3.34

Financials

Q4 2024

Income statement

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Revenue$6.4B-0.3%
Operating income$2.9B+2.4%
Net income$2.0B-1.1%
EPS (diluted)$2.800.0%

Balance sheet

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Cash & equivalents$1.1B-76.3%
Total debt$53.7B+1.2%
Total equity-$3.8B+19.3%
Total assets$55.2B-1.7%

Cash flow

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Operating cash flow$2.6B+5.7%
CapEx$807.0M+6.6%
Free cash flow$1.8B+5.3%

Valuation & ratios

Q4 2024

Valuation

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Market cap$207.74B-3.2%
Enterprise value$260.38B-1.0%
P/E25.3×-0.1×
P/S-0.4×

Profitability

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Operating margin45.2%-0.5pp
Net margin31.7%-1.5pp

Returns & leverage

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Current ratio1.2×0.0×

Segments

By segment

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International Operated Markets$3.2B+1.7%
International Developmental Licensed Markets and Corporate$569.0M-5.0%

Versus estimates

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Questions, answered.

When did McDonald's report Q4 2024 earnings?
McDonald's (MCD) reported Q4 2024 earnings on February 10, 2025 before market open.
What were McDonald's's Q4 2024 revenue and EPS?
McDonald's reported revenue of $6.4B and diluted EPS of $2.83 for Q4 2024.
Did McDonald's beat estimates in Q4 2024?
Revenue missed the consensus estimate of $6.4B by $61.7M. EPS missed the consensus estimate of $2.85 by $0.02.
Where can I find McDonald's's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000063908-25-000012) directly on SEC EDGAR. The filing index links above go to sec.gov.