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McDonald's MCD U.S. — Net restaurant purchases (sales)

Other segment segments

International Operated Markets
$70M+2,233%
International Developmental Licensed Marketsand Corporate
$0-100%

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Other financials

Income statement

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Revenue$7.1B+3.7%
Gross profit$5.8B+9.5%
Operating income$3.3B+3.3%
Net income$2.4B+4.8%
EPS (diluted)$3.32+5.7%

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

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Market cap$194.68B-11.5%
Enterprise value$248.39B+0.1%
P/E22.2×-4.1×
P/S-1.4×

Profitability

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Operating margin46.2%+0.4pp
Net margin31.7%-0.5pp
FCF margin25.6%-0.4pp

Returns & leverage

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Return on equity45.4%
Debt / equity6.5×
Current ratio1.1×0.0×

Where this comes from

Reported directly by McDonald's in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPeriodIncreaseDecrease.

The source filing: McDonald's’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 11:12 AM EST
Fiscal year
FY2025
Accession
0000063908-26-000035
In millionsU.S.International Operated MarketsInternational Developmental Licensed Markets &CorporateConsolidated
Balance at December 31, 2024$1,851$1,132$162$3,145
Net restaurant purchases (sales)(1)7069
Currency translation11723140
Balance at December 31, 2025$1,850$1,319$185$3,354

Cover / Front Matter

FAQ

What is McDonald's's U.S. — net restaurant purchases (sales)?
McDonald's (MCD) reported U.S. — net restaurant purchases (sales) of -$250K in Q4 2025.
How has McDonald's's U.S. — net restaurant purchases (sales) changed year-over-year?
McDonald's's U.S. — net restaurant purchases (sales) decreased by 105.6% year-over-year, from $4.5M to -$250K.
What is the long-term trend for McDonald's's U.S. — net restaurant purchases (sales)?
Over 3 years (2022 to 2025), McDonald's's U.S. — net restaurant purchases (sales) has grown at a -80.8% compound annual growth rate (CAGR), from $141.8M to -$1M.
What does U.S. — net restaurant purchases (sales) mean?
Reflects the net revenue generated from direct restaurant transactions or supply chain purchases within the specified geographic segment. It captures the top-line inflow from operational activities after accounting for returns or specific purchase adjustments.

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