Discontinued — last reported Q4 '25

International Operated Markets — Operating Income (Loss)

Business Segments · Operating Income (Loss)

McDonald's International Operated Markets — Operating Income (Loss) remained flat by 0.0% to $1.60B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $1.49B to $1.60B. Over 4 years (FY 2021 to FY 2025), International Operated Markets — Operating Income (Loss) shows an upward trend with a 5.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2025
Rolls up toOperating Income

How to read this metric

Higher operating income indicates strong profitability and effective management of both company-operated and franchised assets.

Detailed definition

The profit or loss generated by the international segment after deducting all operating expenses from total revenues. It...

Peer comparison

Standard segment operating profit metric used across all industries.

Metric ID: mcd_segment_international_operated_markets_operating_income_loss

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$1.27B$1.52B$1.39B$1.13B$136.30M$1.37B$1.29B$1.19B$1.52B$1.59B$1.54B$1.37B$1.49B$1.60B$1.49B$1.60B$1.60B$1.60B$1.60B
QoQ Change+19.5%-8.8%-18.5%-87.9%+908.4%-6.4%-7.3%+27.2%+4.4%-3.1%-11.2%+9.4%+7.3%-7.2%+7.4%+0.0%+0.0%+0.0%
YoY Change-89.3%-9.6%-7.2%+5.6%>999%+15.3%+19.5%+14.4%-1.6%+1.1%-3.3%+16.9%+6.9%-0.4%+7.4%
Range$136.30M$1.60B
CAGR+5.2%
Avg YoY Growth+65.9%
Median YoY Growth+5.6%
Current Streak4 quarters growth

Frequently Asked Questions

What is McDonald's's international operated markets — operating income (loss)?
McDonald's (MCD) reported international operated markets — operating income (loss) of $1.60B in Q4 2025.
How has McDonald's's international operated markets — operating income (loss) changed year-over-year?
McDonald's's international operated markets — operating income (loss) increased by 7.4% year-over-year, from $1.49B to $1.60B.
What is the long-term trend for McDonald's's international operated markets — operating income (loss)?
Over 4 years (2021 to 2025), McDonald's's international operated markets — operating income (loss) has grown at a 5.6% compound annual growth rate (CAGR), from $5.13B to $6.38B.
What does international operated markets — operating income (loss) mean?
Profitability of the international segment after all operating costs are paid.

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