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McDonald's price to free cash flow MCD

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026
22.7×
10-year median
31.4×
Against its 10-year history
5th
percentile: 0 is its lowest day, 100 its highest
10-year range
19.0× to 49.6×
Peer median
22.8×

McDonald's' price to free cash flow is 22.7× as of Oct 23, 2026.

That is below its ten-year median of 31.4×, lower than on 95% of days in the last ten years.

Over that time it ranged from 19.0× in Nov 2016 to 49.6× in Oct 2020.

The median for 5 restaurant stocks of a similar size is 22.8×.

Price to free cash flow over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far22.7×21.1×33.7×
202530.0×28.9×34.4×
202432.0×25.2×32.6×
202329.9×27.0×39.4×
202233.3×23.8×34.8×
202130.1×24.9×38.1×
202037.6×19.3×49.6×
201928.7×27.9×35.8×
201833.4×31.9×42.2×
201740.7×20.7×41.2×
201620.8×19.0×24.4×
201523.2×19.9×24.6×
201421.1×19.6×23.4×
201323.1×22.5×26.5×
201222.5×19.9×23.2×
201122.9×18.1×22.9×
201020.1×17.3×21.1×

Against its peers

Companies in Restaurants nearest McDonald's' size, closest first, today.

CompanyPrice to free cash flow
MCDMcDonald's22.7×
SBUXStarbucks31.6×
YUMYum! Brands24.3×
CMGChipotle Mexican Grill22.2×
QSRRestaurant Brands International21.0×
DRIDarden Restaurants22.8×
Peer median22.8×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on McDonald's

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.