McDonald's MCD Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 184.2%+3.7pp | 183.2%+1.8pp | 182.3%+0.4pp | 181.1%-1.5pp | 180.6%-2.2pp | |
| Net margin | 127.7%+0.2pp | 127.8%-1.3pp | 127.7%-2.9pp | 127.5%-4.7pp | 127.5%-5.4pp | |
| EBITDA margin | 191.2%+4.0pp | 190.2%+2.6pp | 189.3%+1.4pp | 187.9%-0.7pp | 187.1%-1.7pp | |
| Free cash flow margin | 106.9%+2.2pp | 107.3%+0.8pp | 106.3%-2.9pp | 103.6%-9.0pp | 104.7%-7.8pp | |
| Returns | ||||||
| Return on assets | 59.1%— | 59%— | 58.8%— | —— | —— | |
| Return on invested capital | 82.8%— | 77.4%— | 78.8%— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 1.9×— | 1.8×— | 1.8×— | —— | —— | |
| Liquidity | ||||||
| Current ratio | 4.4×+0.2× | 4.4×+0.6× | 4.7×+0.8× | 4.5×— | 4.2×— | |
| Quick ratio | 4.3×+0.2× | 4.4×+0.6× | 4.6×+0.8× | 4.4×— | 4.2×— | |
| Cash ratio | 1.3×+0.3× | 1.3×+0.5× | 1.4×+0.2× | 1.2×— | 1×— | |
| Leverage | ||||||
| Debt-to-assets | 3.7×-0.1× | 3.8×-0.1× | 3.8×0.0× | 3.8×— | 3.8×— | |
| Net debt / EBITDA | 17.1×0.0× | 17.3×+0.3× | 17.2×+0.5× | 17.3×— | 17.2×— | |
| Interest coverage | 31.4×0.0× | 31.1×-1.0× | 31.1×-1.8× | 31.1×-2.6× | 31.4×-2.8× | |
| Per Share | ||||||
| Book value per share | -$11.17+53.3% | -$14.18+45.0% | -$16.94+37.2% | -$21.11+20.1% | -$23.94+9.8% | |
| Valuation | ||||||
| Market capitalization | $864.25B+3.7% | $866.1B+6.2% | $856.18B+4.1% | $858.21B+8.0% | $833.74B+0.7% | |
| Enterprise value | $1.08T+4.0% | $1.08T+6.0% | $1.07T+4.3% | $1.07T— | $1.04T— | |
| Price / earnings | 101.5×+0.2× | 103.4×+5.6× | 103.2×+5.4× | 104×+9.7× | 101.3×+2.0× | |
| Price / sales | 32.4×+0.1× | 33×+1.5× | 32.9×+1.0× | 33.1×+2.0× | 32.3×-0.7× | |
| EV / EBITDA | 84.9×-1.2× | 86.8×+2.5× | 86.8×+2.1× | 87.8×— | 86.2×— | |
| EV / sales | 40.6×+0.3× | 41.3×+1.8× | 41.1×+1.3× | 41.3×— | 40.3×— | |
| Free cash flow yield | 13.2%+0.1pp | 13%-0.6pp | 12.9%-0.8pp | 12.5%-2.0pp | 13.1%-0.6pp | |
| Earnings yield | 15.8%-0.1pp | 15.5%-0.9pp | 15.5%-0.9pp | 15.4%-1.6pp | 15.9%-0.3pp | |
| Dividend yield | 9.4%+0.1pp | 9.3%-0.1pp | 9.3%+0.1pp | 9.1%-0.1pp | 9.3%+0.6pp | |
| PEG ratio | 46.9×— | —— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are McDonald's's profit margins?
- McDonald's (MCD) runs a 86.6% gross margin and a 46.3% operating margin, with a 31.6% net margin.
- Where do McDonald's's ratios come from?
- Every ratio is computed from McDonald's's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
