Symbols / MCD
MCD Chart
About
McDonald's Corporation owns, operates, and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, frozen desserts, sundaes, soft serve cones, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates franchised restaurants under various structures, including conventional franchise, developmental license, or affiliate. McDonald's Corporation was founded in 1940 and is based in Chicago, Illinois.
Fundamentals
Scroll to Statements| Sector | Consumer Cyclical | Industry | Restaurants | Market Cap | 237.11B |
| Enterprise Value | 291.21B | Income | 8.56B | Sales | 26.88B |
| Book/sh | -2.51 | Cash/sh | 1.08 | Dividend Yield | 223.00% |
| Payout | 60.00% | Employees | — | IPO | — |
| P/E | 27.78 | Forward P/E | 23.21 | PEG | — |
| P/S | 8.82 | P/B | -132.48 | P/C | — |
| EV/EBITDA | 20.01 | EV/Sales | 10.83 | Quick Ratio | 0.74 |
| Current Ratio | 0.95 | Debt/Eq | — | LT Debt/Eq | — |
| EPS (ttm) | 11.96 | EPS next Y | 14.32 | EPS Growth | 8.30% |
| Revenue Growth | 9.70% | Earnings | 2026-04-30 | ROA | 13.51% |
| ROE | — | ROIC | — | Gross Margin | 57.41% |
| Oper. Margin | 45.07% | Profit Margin | 31.85% | Shs Outstand | 712.15M |
| Shs Float | 713.16M | Short Float | 1.13% | Short Ratio | 2.66 |
| Short Interest | — | 52W High | 335.67 | 52W Low | 283.47 |
| Beta | 0.53 | Avg Volume | 3.38M | Volume | 429.82K |
| Target Price | $341.28 | Recom | Buy | Prev Close | $333.05 |
| Price | $332.27 | Change | -0.23% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$341.28
Mean price target
2. Current target
$332.91
Latest analyst target
3. DCF / Fair value
$171.46
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$332.91
Low
$250.00
High
$380.00
Mean
$341.28
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-24 | main | JP Morgan | Overweight → Overweight | $325 |
| 2026-02-13 | up | Argus Research | Hold → Buy | $380 |
| 2026-02-13 | main | Guggenheim | Neutral → Neutral | $320 |
| 2026-02-12 | main | Jefferies | Buy → Buy | $375 |
| 2026-02-12 | main | Citigroup | Buy → Buy | $375 |
| 2026-02-12 | main | UBS | Buy → Buy | $365 |
| 2026-02-12 | main | RBC Capital | Sector Perform → Sector Perform | $330 |
| 2026-02-12 | main | Piper Sandler | Neutral → Neutral | $325 |
| 2026-02-12 | main | Barclays | Overweight → Overweight | $380 |
| 2026-02-12 | main | Truist Securities | Buy → Buy | $370 |
| 2026-02-12 | main | Wells Fargo | Overweight → Overweight | $355 |
| 2026-02-12 | main | BTIG | Buy → Buy | $370 |
| 2026-02-12 | reit | TD Cowen | Hold → Hold | $320 |
| 2026-02-06 | main | Mizuho | Neutral → Neutral | $325 |
| 2026-02-03 | main | Guggenheim | Neutral → Neutral | $325 |
| 2026-02-02 | up | BTIG | Neutral → Buy | $360 |
| 2026-01-09 | main | Keybanc | Overweight → Overweight | $340 |
| 2026-01-08 | main | Truist Securities | Buy → Buy | $356 |
| 2026-01-08 | reit | TD Cowen | Hold → Hold | $320 |
| 2026-01-07 | main | Barclays | Overweight → Overweight | $372 |
News
RSS: Latest MCD news- MCDONALD'S CORPORATION (MCD) - MSN ue, 24 Feb 2026 10
- McDonald’s Stock: Is MCD Outperforming the Consumer Discretionary Sector? - Barchart.com Wed, 25 Feb 2026 12
- McDonald's Corporation $MCD Stock Holdings Increased by TD Asset Management Inc - MarketBeat Wed, 25 Feb 2026 13
- JPMorgan Raises McDonald's (MCD) Valuation, Calls Stock Attractive on Pullbacks - Finviz Wed, 25 Feb 2026 15
- Here’s Why McDonald’s Stock is Trading at All-Time Highs Right Now - TIKR.com ue, 24 Feb 2026 13
- Is It Too Late To Consider McDonald's (MCD) After Strong Multi‑Year Share Price Gains - Yahoo Finance Mon, 23 Feb 2026 23
- Better Value & Growth: DRI, YUMC Lead McDonald’s Stock - Trefis Sat, 21 Feb 2026 07
- Here's How Much McDonald's Stock Is Expected to Move After Earnings Wednesday - Investopedia ue, 10 Feb 2026 08
- McDonald’s Taps Culture And Beverages To Refresh Growth Story - simplywall.st Wed, 25 Feb 2026 06
- MCD Analyst Ratings: JP Morgan Raises Price Target to $325 | MCD Stock News - GuruFocus ue, 24 Feb 2026 20
- McDonald's Corporation $MCD Shares Purchased by RWA Wealth Partners LLC - MarketBeat Wed, 25 Feb 2026 12
- McDonald’s Stock Just Flipped the Script – Here’s What You’re Missing - AD HOC NEWS Mon, 23 Feb 2026 13
- If You Invested $1K in McDonald’s Stock at the Beginning of 2025, Here’s How Much You’d Have in 2026 - Yahoo Finance ue, 24 Feb 2026 08
- McDonald's Corporation $MCD Shares Bought by Empirical Asset Management LLC - MarketBeat Wed, 25 Feb 2026 10
- Will McDonald’s (MCD) Bigger 2026 Capex and 2,600 New Stores Reshape Its Investment Narrative? - simplywall.st Mon, 23 Feb 2026 05
Insider Transactions
| Date | Shares | Url | Text | Insider | Position | Transaction | Start Date | Ownership | Value |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 5980 | — | — | ERLINGER JOSEPH M | Officer | — | 2026-02-13 00:00:00 | D | nan |
| 1 | 6379 | — | — | BORDEN IAN FREDERICK | Chief Financial Officer | — | 2026-02-13 00:00:00 | D | nan |
| 2 | 73281 | — | Conversion of Exercise of derivative security at price 128.09 per share. | KEMPCZINSKI CHRISTOPHER J | Chief Executive Officer | — | 2026-02-13 00:00:00 | D | 6731514.0 |
| 3 | 2790 | — | — | RICE BRIAN S | Officer | — | 2026-02-13 00:00:00 | D | nan |
| 4 | 3509 | — | — | STEIJAERT MANUEL JM | Officer | — | 2026-02-13 00:00:00 | D | nan |
| 5 | 4146 | — | — | RALLS-MORRISON DESIREE ANN | Officer | — | 2026-02-13 00:00:00 | D | nan |
| 6 | 7495 | — | — | BANNER JONATHAN | Officer | — | 2026-02-13 00:00:00 | D | nan |
| 7 | 6778 | — | — | MC-DONALD GILLIAN CLARE | Officer | — | 2026-02-13 00:00:00 | D | nan |
| 8 | 6686 | — | Conversion of Exercise of derivative security at price 157.79 per share. | FLATLEY EDITH MORGAN | Officer | — | 2026-02-13 00:00:00 | D | 740351.0 |
| 9 | 2347 | — | — | BOYD TIFFANIE L | Officer | — | 2026-02-13 00:00:00 | D | nan |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -62.12M | -45.44M | -201.08M | 46.64M |
| TaxRateForCalcs | 0.20 | 0.20 | 0.21 | 0.17 |
| NormalizedEBITDA | 14.25B | 14.09B | 11.86B | 11.91B |
| TotalUnusualItems | -303.00M | -233.00M | -953.00M | 269.60M |
| TotalUnusualItemsExcludingGoodwill | -303.00M | -233.00M | -953.00M | 269.60M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 8.22B | 8.47B | 6.18B | 7.55B |
| ReconciledDepreciation | 2.10B | 1.98B | 1.87B | 1.87B |
| ReconciledCostOfRevenue | 9.56B | 9.34B | 8.47B | 9.10B |
| EBITDA | 13.95B | 13.86B | 10.90B | 12.18B |
| EBIT | 11.85B | 11.88B | 9.03B | 10.31B |
| NetInterestIncome | -1.40B | -1.17B | -1.16B | -1.18B |
| InterestExpense | 1.51B | 1.36B | 1.21B | 1.19B |
| InterestIncome | 103.00M | 187.00M | 44.00M | 9.00M |
| NormalizedIncome | 8.46B | 8.66B | 6.93B | 7.32B |
| NetIncomeFromContinuingAndDiscontinuedOperation | 8.22B | 8.47B | 6.18B | 7.55B |
| TotalExpenses | 14.07B | 13.75B | 12.84B | 13.35B |
| RentExpenseSupplemental | 4.92B | 4.77B | 4.38B | 4.61B |
| TotalOperatingIncomeAsReported | 11.71B | 11.65B | 9.37B | 10.36B |
| DilutedAverageShares | 716.40M | 721.90M | 732.30M | 741.30M |
| BasicAverageShares | 712.15M | 715.20M | 722.70M | 731.30M |
| DilutedEPS | 11.95 | 11.39 | 11.56 | 8.33 |
| BasicEPS | 12.02 | 11.50 | 11.72 | 8.45 |
| DilutedNIAvailtoComStockholders | 8.22B | 8.47B | 6.18B | 7.55B |
| NetIncomeCommonStockholders | 8.22B | 8.47B | 6.18B | 7.55B |
| NetIncome | 8.22B | 8.47B | 6.18B | 7.55B |
| NetIncomeIncludingNoncontrollingInterests | 8.22B | 8.47B | 6.18B | 7.55B |
| NetIncomeContinuousOperations | 8.22B | 8.47B | 6.18B | 7.55B |
| TaxProvision | 2.12B | 2.05B | 1.65B | 1.58B |
| PretaxIncome | 10.35B | 10.52B | 7.83B | 9.13B |
| OtherIncomeExpense | -104.00M | -49.00M | -1.36B | 432.30M |
| OtherNonOperatingIncomeExpenses | 42.00M | 31.00M | -517.00M | -14.00M |
| SpecialIncomeCharges | -297.00M | -252.00M | -1.09B | 306.60M |
| GainOnSaleOfPPE | -170.00M | 7.00M | -137.00M | -75.40M |
| GainOnSaleOfBusiness | 94.00M | 103.00M | 60.00M | 96.60M |
| WriteOff | 362.00M | 1.01B | -285.40M | |
| RestructuringAndMergernAcquisition | 221.00M | |||
| EarningsFromEquityInterest | 157.00M | 153.00M | 113.00M | 176.70M |
| GainOnSaleOfSecurity | -6.00M | 19.00M | 134.00M | -37.00M |
| NetNonOperatingInterestIncomeExpense | -1.40B | -1.17B | -1.16B | -1.18B |
| InterestExpenseNonOperating | 1.51B | 1.36B | 1.21B | 1.19B |
| InterestIncomeNonOperating | 103.00M | 187.00M | 44.00M | 9.00M |
| OperatingIncome | 11.85B | 11.75B | 10.35B | 9.87B |
| OperatingExpense | 2.86B | 2.82B | 2.86B | 2.71B |
| DepreciationAmortizationDepletionIncomeStatement | 447.00M | 382.00M | 370.00M | 329.70M |
| DepreciationAndAmortizationInIncomeStatement | 447.00M | 382.00M | 370.00M | 329.70M |
| SellingGeneralAndAdministration | 2.41B | 2.44B | 2.49B | 2.38B |
| GrossProfit | 14.71B | 14.56B | 13.21B | 12.58B |
| CostOfRevenue | 11.21B | 10.93B | 9.97B | 10.64B |
| TotalRevenue | 25.92B | 25.50B | 23.18B | 23.22B |
| OperatingRevenue | 25.50B | 25.18B | 22.85B | 22.87B |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 945.40M | 937.90M | 929.30M | 915.80M |
| OrdinarySharesNumber | 715.20M | 722.70M | 731.30M | 744.80M |
| ShareIssued | 1.66B | 1.66B | 1.66B | 1.66B |
| NetDebt | 37.34B | 34.77B | 33.32B | 30.91B |
| TotalDebt | 51.95B | 53.09B | 48.70B | 49.35B |
| TangibleBookValue | -6.94B | -7.75B | -8.90B | -7.38B |
| InvestedCapital | 34.63B | 34.64B | 29.90B | 31.02B |
| WorkingCapital | 738.00M | 1.13B | 1.62B | 3.13B |
| NetTangibleAssets | -6.94B | -7.75B | -8.90B | -7.38B |
| CapitalLeaseObligations | 13.52B | 13.75B | 12.80B | 13.73B |
| CommonStockEquity | -3.80B | -4.71B | -6.00B | -4.60B |
| TotalCapitalization | 34.63B | 32.45B | 29.90B | 31.02B |
| TotalEquityGrossMinorityInterest | -3.80B | -4.71B | -6.00B | -4.60B |
| StockholdersEquity | -3.80B | -4.71B | -6.00B | -4.60B |
| GainsLossesNotAffectingRetainedEarnings | -2.55B | -2.46B | -2.49B | -2.57B |
| OtherEquityAdjustments | -2.55B | -2.46B | -2.49B | -2.57B |
| TreasuryStock | 77.38B | 74.64B | 71.62B | 67.81B |
| RetainedEarnings | 66.83B | 63.48B | 59.54B | 57.53B |
| AdditionalPaidInCapital | 9.28B | 8.89B | 8.55B | 8.23B |
| CapitalStock | 17.00M | 17.00M | 16.60M | 16.60M |
| CommonStock | 17.00M | 17.00M | 16.60M | 16.60M |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 58.98B | 60.85B | 56.44B | 58.46B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 55.12B | 53.99B | 52.64B | 54.44B |
| OtherNonCurrentLiabilities | 770.00M | 950.00M | 1.05B | 1.08B |
| TradeandOtherPayablesNonCurrent | 344.00M | 363.00M | 791.90M | 1.90B |
| NonCurrentDeferredLiabilities | 2.69B | 2.47B | 2.76B | 2.81B |
| NonCurrentDeferredRevenue | 778.00M | 790.00M | 757.80M | 738.30M |
| NonCurrentDeferredTaxesLiabilities | 1.91B | 1.68B | 2.00B | 2.08B |
| LongTermDebtAndCapitalLeaseObligation | 51.31B | 50.21B | 48.04B | 48.64B |
| LongTermCapitalLeaseObligation | 12.89B | 13.06B | 12.13B | 13.02B |
| LongTermDebt | 38.42B | 37.15B | 35.90B | 35.62B |
| CurrentLiabilities | 3.86B | 6.86B | 3.80B | 4.02B |
| CurrentDebtAndCapitalLeaseObligation | 636.00M | 2.88B | 661.10M | 705.50M |
| CurrentCapitalLeaseObligation | 636.00M | 688.00M | 661.10M | 705.50M |
| CurrentDebt | 2.19B | |||
| OtherCurrentBorrowings | 2.19B | |||
| PayablesAndAccruedExpenses | 3.23B | 3.98B | 3.14B | 3.31B |
| CurrentAccruedExpenses | 1.61B | 1.90B | 1.63B | 1.71B |
| InterestPayable | 482.00M | 469.00M | 393.40M | 363.30M |
| Payables | 1.61B | 2.08B | 1.51B | 1.60B |
| TotalTaxPayable | 585.00M | 973.00M | 530.00M | 597.40M |
| IncomeTaxPayable | 361.00M | 705.00M | 274.90M | 360.70M |
| AccountsPayable | 1.03B | 1.10B | 980.20M | 1.01B |
| TotalAssets | 55.18B | 56.15B | 50.44B | 53.85B |
| TotalNonCurrentAssets | 50.58B | 48.16B | 45.01B | 46.71B |
| OtherNonCurrentAssets | 6.09B | 5.62B | 4.71B | 4.45B |
| InvestmentsAndAdvances | 2.71B | 1.08B | 1.06B | 1.20B |
| LongTermEquityInvestment | 2.71B | 1.08B | 1.06B | 1.20B |
| InvestmentsinAssociatesatCost | 1.06B | 1.20B | ||
| GoodwillAndOtherIntangibleAssets | 3.15B | 3.04B | 2.90B | 2.78B |
| Goodwill | 3.15B | 3.04B | 2.90B | 2.78B |
| NetPPE | 38.63B | 38.42B | 36.34B | 38.27B |
| AccumulatedDepreciation | -18.88B | -18.66B | -17.26B | -17.20B |
| GrossPPE | 57.52B | 57.08B | 53.60B | 55.47B |
| OtherProperties | 16.36B | 16.62B | 15.49B | 17.03B |
| MachineryFurnitureEquipment | 2.50B | 3.03B | ||
| BuildingsAndImprovements | 33.90B | 33.38B | 31.43B | 31.95B |
| LandAndImprovements | 7.25B | 7.08B | 6.69B | 6.49B |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 4.60B | 7.99B | 5.42B | 7.15B |
| OtherCurrentAssets | 1.07B | 866.00M | 673.40M | 511.30M |
| PrepaidAssets | 511.30M | |||
| Inventory | 56.00M | 53.00M | 52.00M | 55.60M |
| Receivables | 2.38B | 2.49B | 2.12B | 1.87B |
| AccountsReceivable | 2.38B | 2.49B | 2.12B | 1.87B |
| CashCashEquivalentsAndShortTermInvestments | 1.08B | 4.58B | 2.58B | 4.71B |
| CashAndCashEquivalents | 1.08B | 4.58B | 2.58B | 4.71B |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 6.67B | 7.25B | 5.49B | 7.10B |
| RepurchaseOfCapitalStock | -2.82B | -3.05B | -3.90B | -845.50M |
| RepaymentOfDebt | -2.78B | -2.44B | -2.20B | -2.24B |
| IssuanceOfDebt | 2.38B | 5.22B | 3.37B | 1.15B |
| CapitalExpenditure | -2.77B | -2.36B | -1.90B | -2.04B |
| InterestPaidSupplementalData | 1.52B | 1.29B | 1.18B | 1.20B |
| IncomeTaxPaidSupplementalData | 2.97B | 2.99B | 3.02B | 2.40B |
| EndCashPosition | 1.08B | 4.58B | 2.58B | 4.71B |
| BeginningCashPosition | 4.58B | 2.58B | 4.71B | 3.45B |
| EffectOfExchangeRateChanges | -101.00M | -58.00M | -254.00M | -120.10M |
| ChangesInCash | -3.39B | 2.05B | -1.87B | 1.38B |
| FinancingCashFlow | -7.50B | -4.37B | -6.58B | -5.60B |
| CashFlowFromContinuingFinancingActivities | -7.49B | -4.37B | -6.58B | -5.60B |
| NetOtherFinancingCharges | -58.00M | -40.00M | 38.00M | -46.70M |
| ProceedsFromStockOptionExercised | 328.00M | 260.00M | 248.00M | 285.70M |
| CashDividendsPaid | -4.87B | -4.53B | -4.17B | -3.92B |
| CommonStockDividendPaid | -4.87B | -4.53B | -4.17B | -3.92B |
| NetCommonStockIssuance | -2.82B | -3.05B | -3.90B | -845.50M |
| CommonStockPayments | -2.82B | -3.05B | -3.90B | -845.50M |
| NetIssuancePaymentsOfDebt | -71.00M | 2.99B | 1.20B | -1.07B |
| NetShortTermDebtIssuance | 326.00M | 213.00M | 26.00M | 15.10M |
| NetLongTermDebtIssuance | -397.00M | 2.78B | 1.17B | -1.09B |
| LongTermDebtPayments | -2.78B | -2.44B | -2.20B | -2.24B |
| LongTermDebtIssuance | 2.38B | 5.22B | 3.37B | 1.15B |
| InvestingCashFlow | -5.35B | -3.19B | -2.68B | -2.17B |
| CashFlowFromContinuingInvestingActivities | -5.35B | -3.18B | -2.68B | -2.17B |
| NetOtherInvestingChanges | -498.00M | -677.00M | -457.00M | -53.90M |
| NetBusinessPurchaseAndSale | -2.19B | -246.00M | -361.00M | -178.00M |
| SaleOfBusiness | 311.00M | 195.00M | 446.00M | 196.20M |
| PurchaseOfBusiness | -2.51B | -441.00M | -807.00M | -374.20M |
| NetPPEPurchaseAndSale | 122.00M | 95.00M | 39.00M | 106.20M |
| SaleOfPPE | 122.00M | 95.00M | 39.00M | 106.20M |
| CapitalExpenditureReported | -2.77B | -2.36B | -1.90B | -2.04B |
| OperatingCashFlow | 9.45B | 9.61B | 7.39B | 9.14B |
| CashFlowFromContinuingOperatingActivities | 9.45B | 9.61B | 7.39B | 9.14B |
| ChangeInWorkingCapital | -438.00M | -108.00M | -645.00M | 454.20M |
| ChangeInOtherWorkingCapital | -220.30M | -546.70M | -302.50M | |
| ChangeInPayablesAndAccruedExpense | -519.00M | 36.00M | -387.00M | 206.50M |
| ChangeInAccruedExpense | -217.00M | 206.00M | 129.00M | 284.00M |
| ChangeInPayable | -302.00M | -170.00M | -516.00M | -77.50M |
| ChangeInAccountPayable | -10.00M | 50.00M | 31.00M | 225.00M |
| ChangeInTaxPayable | -292.00M | -220.00M | -547.00M | -302.50M |
| ChangeInIncomeTaxPayable | -292.00M | -220.00M | -547.00M | -302.50M |
| ChangeInInventory | 71.00M | 17.00M | 6.00M | -62.20M |
| ChangeInReceivables | 10.00M | -161.00M | -264.00M | 309.90M |
| ChangesInAccountReceivables | 10.00M | -161.00M | -264.00M | 309.90M |
| OtherNonCashItems | 4.00M | -113.00M | -570.00M | -339.10M |
| StockBasedCompensation | 172.00M | 175.00M | 167.00M | 139.20M |
| DeferredTax | -574.00M | -686.00M | -346.00M | -428.30M |
| DeferredIncomeTax | -574.00M | -686.00M | -346.00M | -428.30M |
| DepreciationAmortizationDepletion | 2.10B | 1.98B | 1.87B | 1.87B |
| DepreciationAndAmortization | 2.10B | 1.98B | 1.87B | 1.87B |
| OperatingGainsLosses | -37.00M | -103.00M | 733.00M | -97.80M |
| GainLossOnSaleOfBusiness | -37.00M | -103.00M | 733.00M | -97.80M |
| NetIncomeFromContinuingOperations | 8.22B | 8.47B | 6.18B | 7.55B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for MCD
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|