McDonald's Corporation (MCD) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
McDonald's is the world's largest restaurant brand, with nearly $139 billion in systemwide sales across more than 45,000 restaurants and over 100 markets. The quick-service chain built its early re...
McDonald's Corporation's revenue increased 3.7% year over year, from $25.92B to $26.89B.
Net income increased 4.1% over the same period, from $8.22B to $8.56B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 9% in total.
Total debt remained relatively stable at $39.97B.
Operating cash flow grew 11.7% to $10.55B.
McDonald's Corporation maintains a strong net profit margin of 31.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $6.87B+5.9% | $2.26B | $6.23B | $3.19B | $2.74B | $56.17B | $39.59B | $-5.18B |
| Q4 FY2024 | $6.39B-7.1% | $2.02B | $-5.92B | $2.87B | $2.63B | $55.18B | $38.42B | $-3.80B |
| Q1 FY2025 | $5.96B-6.8% | $1.87B | $5.34B | $2.65B | $2.43B | $56.33B | $38.92B | $-3.45B |
| Q2 FY2025 | $6.84B+14.9% | $2.25B | $6.19B | $3.23B | $2.00B | $59.55B | $41.40B | $-2.76B |
| Q3 FY2025 | $7.08B+3.4% | $2.28B | $6.41B | $3.36B | $3.43B | $60.61B | $41.28B | $-2.16B |
| Q4 FY2025 | $7.01B-1.0% | $2.16B | $-5.54B | $3.16B | $2.70B | $59.52B | $39.97B | $-1.79B |
| Q1 FY2026 | $6.52B-7.0% | $1.98B | $5.84B | $2.95B | $2.41B | N/A | N/A | N/A |
| Q2 FY2026 | $7.10B+8.9% | $2.36B | $6.42B | $3.34B | $2.81B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
McDonald's Corporation (MCD) Financial Statements & Revenue History
McDonald's Corporation (MCD) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Retail-Eating Places industry trading at $242.48 with a market capitalization of $172. This page provides 42 historical financial statements for McDonald's Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, McDonald's Corporation reported revenue of $26.9 billion, representing 3.7% year-over-year growth. The net profit margin of 31.9% reflects strong profitability..
MCD Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows McDonald's Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether MCD is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track MCD's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently McDonald's Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of MCD's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use MCD Financial Data
Investors use McDonald's Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare MCD's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how MCD's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View MCD's financial health score, earnings, and pre-market pricing.
Financial data is sourced from McDonald's Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.MCD trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.