What is McDonald's's retained earnings?

McDonald's (MCD) reported retained earnings of $70.94B in Q1 2026.

How has McDonald's's retained earnings changed year-over-year?

McDonald's's retained earnings increased by 5.2% year-over-year, from $67.44B to $70.94B.

What is the long-term trend for McDonald's's retained earnings?

Over 5 years (2020 to 2025), McDonald's's retained earnings has grown at a 5.4% compound annual growth rate (CAGR), from $53.91B to $70.28B.

What does retained earnings mean?

Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

McDonald's MCD Retained Earnings

Retained Earnings at other companies

Wendy'sWEN

$431.17M+10.7%

Nathan's FamousNATH

$8.18M+24.6%

EAT

Brinker InternationalEAT

$542.4M+582%

StarbucksSBUX

-$8.54B-10.9%

Yum! BrandsYUM

-$6.81B+7.5%

Chipotle Mexican GrillCMG

-$67.16M-105%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$2.4B-0.7%

CapEx$682.0M+23.8%

Free cash flow$1.7B-7.8%

Valuation

See full

Market cap$193.98B-10.4%

Enterprise value$247.69B-8.4%

P/E22.4×-3.4×

P/S7.1×-1.2×

Profitability

See full

Gross margin86.6%—

Operating margin46.3%+1.0pp

Net margin31.6%-0.1pp

FCF margin25.6%-0.4pp

Returns & leverage

See full

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:RetainedEarningsAccumulatedDeficit.

The official record: McDonald's’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about McDonald's's retained earnings.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is McDonald's's retained earnings?: McDonald's (MCD) reported retained earnings of $70.94B in Q1 2026.
How has McDonald's's retained earnings changed year-over-year?: McDonald's's retained earnings increased by 5.2% year-over-year, from $67.44B to $70.94B.
What is the long-term trend for McDonald's's retained earnings?: Over 5 years (2020 to 2025), McDonald's's retained earnings has grown at a 5.4% compound annual growth rate (CAGR), from $53.91B to $70.28B.
What does retained earnings mean?: Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.