SuperworthMcDonald's MCD
- Market cap
- $175.8B
- PE
- 20.2×
- 10y median 26.0×
- Forward PE
- 18.9×
- 10y median 24.7×
- Price to sales
- 6.3×
- EV/EBIT
- 16.8×
- Revenue, 12 months
- $27.7B
- +6% on a year ago
- Net margin
- 31.7%
- Free cash flow yield
- 4.4%
McDonald's trades at 20.2× trailing earnings, cheaper than 99% of the last ten years. Revenue was $27.7B over the last twelve months, up 6% on a year earlier with a 32% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $6.7B+14% | $6.4B+8% | $6.2B+5% | $6.5B−0% | $6.9B+3% | $6.4B−0% | $6B−4% | $6.8B+5% | $7.1B+3% | $7B+10% | $6.5B+9% | $7.1B+4% | |
| Cost of revenue | $2.8B+17% | $2.8B+9% | $2.7B+6% | $2.8B+0% | $3B+6% | $2.7B−2% | $2.6B−4% | $2.9B+4% | $3B−1% | $3B+10% | $2.9B+10% | $3B+4% |
| Gross profit | $3.9B+12% | $3.7B+7% | $3.4B+4% | $3.7B−0% | $3.9B+0% | $3.7B+1% | $3.3B−3% | $4B+7% | $4.1B+6% | $4B+10% | $3.6B+9% | $4.1B+4% |
| SG&A | $680.2M+2% | $821.5M+1% | $721M+11% | $691M+4% | $647M−5% | $799M−3% | $682M−5% | $701M+1% | $785M+21% | $872M+9% | $759M+11% | $817M+17% |
| $3.2B+16% | $2.8B+9% | $2.7B+8% | $2.9B−6% | $3.2B−1% | $2.9B+2% | $2.6B−3% | $3.2B+11% | $3.4B+5% | $3.2B+10% | $3B+12% | $3.3B+3% | |
| Interest expense | $340.7M+11% | $360.2M+12% | $372M+13% | $373M+13% | $381M+12% | $380M+6% | $376M+1% | $390M+5% | $406M+7% | $410M+8% | $400M+6% | $409M+5% |
| Pre-tax income | $2.9B+15% | $2.5B+8% | $2.4B+6% | $2.6B−9% | $2.8B−3% | $2.5B+1% | $2.3B−3% | $2.9B+12% | $2.9B+4% | $2.8B+9% | $2.5B+9% | $2.9B+3% |
| $606.4M+9% | $475.6M+9% | $479M+3% | $533M+5% | $588M−3% | $521M+10% | $461M−4% | $608M+14% | $671M+14% | $594M+14% | $559M+21% | $574M−6% | |
| Net income | $2.3B+17% | $2B+7% | $1.9B+7% | $2B−13% | $2.3B−3% | $2B−1% | $1.9B−3% | $2.3B+11% | $2.3B+1% | $2.2B+7% | $2B+6% | $2.4B+5% |
| $3.17+18% | $2.80+8% | $2.66+9% | $2.80−11% | $3.13−1% | $2.80+0% | $2.60−2% | $3.14+12% | $3.18+2% | $3.03+8% | $2.78+7% | $3.32+6% | |
| 731.6M−1% | 727.8M−1% | 725.9M−1% | 722M−2% | 720M−2% | 719.7M−1% | 718.2M−1% | 717.6M−1% | 715.9M−1% | 714.2M−1% | 713.5M−1% | 711.1M−1% |
Gross profit: 59 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.
Net income: 7 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
EPS, diluted: Q4 FY08: quarter's net income to common over its shares, to the cent. 7 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
Diluted shares: Q4 FY08: share-days: the 12-month average less the 9-month, weighted by days. 7 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet. Figures from older filings without data tags, and from a results release before its 10-Q, are read from the document's text and checked against it.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $7.3B | $7.2B to $7.4B | $3.38 | $3.24 to $3.44 | 18 |
| Q4 FY26 | $7.2B | $7.1B to $7.4B | $3.28 | $3.19 to $3.33 | 18 |
| Q1 FY27 | $6.7B | $6.5B to $6.9B | $2.99 | $2.88 to $3.08 | 8 |
| Q2 FY27 | $7.4B | $7.1B to $7.5B | $3.50 | $3.37 to $3.60 | 8 |
| Q3 FY27 | $7.5B | $7.3B to $7.7B | $3.67 | $3.52 to $3.77 | 12 |
| Q4 FY27 | $7.5B | $7.2B to $7.6B | $3.57 | $3.43 to $3.67 | 8 |
| Q1 FY28 | $6.7B | $6.5B to $6.8B | $3.18 | $3.05 to $3.27 | 17 |
| Q2 FY28 | $7.2B | $7B to $7.3B | $3.67 | $3.53 to $3.78 | 11 |
Peers
Companies in Restaurants nearest McDonald's' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| MCDMcDonald's | $175.8B | 20.2× | 26.0× | 18.9× | 6.3× | +6% | 31.7% |
| SBUXStarbucks | $114.9B | 57.9× | 30.3× | 33.8× | 3.0× | +4% | 5.2% |
| YUMYum! Brands | $40.9B | 18.9× | 24.7× | 22.4× | 4.7× | +10% | 25.4% |
| CMGChipotle Mexican Grill | $34.8B | 25.2× | 63.3× | 21.7× | 2.8× | +7% | 11.4% |
| QSRRestaurant Brands International | $34.2B | 20.8× | 26.5× | 17.8× | 3.5× | +7% | 13.1% |
| DRIDarden Restaurants | $24B | 20.8× | 20.8× | 18.5× | 1.8× | +8% | 8.8% |
| Peer median | $34.8B | 20.8× | 26.5× | 21.7× | 3.0× | +7% | 11.4% |
Investors who own it
Investors we follow who held McDonald's at the end of Jun 30, 2026, from their 13F filings.
- Andreas HalvorsenViking Global Investors2.2% of portfoliotrimmed
- Baillie GiffordBaillie Gifford0.0% of portfoliotrimmed
- Tom RussoGardner Russo & Quinn0.0% of portfolio
More on McDonald's
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #5of 329Consumer cyclical stocks with the highest profit margins
- #1of 39Restaurant stocks with the highest profit margins
- #8of 170Consumer cyclical stocks cheapest against their own PE history
- #3of 20Restaurant stocks cheapest against their own PE history
- #6of 28Consumer cyclical stocks with the highest dividend yields
- #8of 28Restaurant stocks with the lowest PE ratio
Its groups
About
- Industry
- Restaurants
- Sector
- Consumer Cyclical
Valuation data, not investment advice. Prices as of .