McDonald's Corp.

MCD ·Consumer Cyclical, Restaurants, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $26.89B $25.92B $25.47B $23.11B $23.22B $19.22B $21.05B
Company_Operated $9.69B $9.78B $9.75B $8.75B $8.38B $8.27B $9.28B
Franchised $16.55B $15.72B $15.72B $14.36B $14.84B $10.95B $11.78B
Other Revenues $647.0M $423.0M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $3.04B $2.86B $2.82B $2.86B $2.23B
Operating Income $12.39B $11.71B $11.65B $9.37B $10.36B $7.32B $9.07B
Operating Margin 46.1% 45.2% 45.7% 40.5% 44.6% 38.1% 43.1%
Interest Expense $1.58B $1.51B $1.36B $1.21B $1.19B $1.22B $1.12B
Pretax Income
Income Tax Expense $2.33B $2.12B $2.05B $1.65B $1.58B $1.41B $1.99B
Net Income $8.56B $8.22B $8.47B $6.18B $7.55B $4.73B $6.03B
Net Margin 31.9% 31.7% 33.2% 26.7% 32.5% 24.6% 28.6%
EPS (Basic) $12.00 $11.45 $11.63 $8.39 $10.11 $6.35 $7.95
EPS (Diluted) $11.95 $11.39 $11.56 $8.33 $10.04 $6.31 $7.88
Shares Outstanding (Basic) 710.4M 713 718 728 736.5M 746.3M 744.6M 758.1M
Shares Outstanding (Diluted) 710.4M 716 722 732 741.3M 751.8M 750.1M 764.9M
Dividends Per Share $7.17 $6.78 $6.23 $5.66 $5.25 $5.04 $4.73
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