McDonald's Corporation
MCD · NYSE
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 23.18B | 13.21B | 9.37B | 6.18B | 8.39 |
| 2023 FY | 25.50B | 14.56B | 11.65B | 8.47B | 11.63 |
| 2024 FY | 25.92B | 14.71B | 11.71B | 8.22B | 11.45 |
| 2025 FY | 26.89B | 15.44B | 12.39B | 8.56B | 12.00 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 50.44B | 56.44B | 2.58B | 48.70B | -6.00B |
| 2023 FY | 56.15B | 60.85B | 4.58B | 53.09B | -4.71B |
| 2024 FY | 55.18B | 58.98B | 1.09B | 51.95B | -3.80B |
| 2025 FY | 59.52B | 61.31B | 774.00M | 54.81B | -1.79B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 7.39B | -1.90B | 5.49B | -4.17B | -2.13B |
| 2023 FY | 9.61B | -2.36B | 7.25B | -4.53B | 2.00B |
| 2024 FY | 9.45B | -2.78B | 6.67B | -4.87B | -3.49B |
| 2025 FY | 10.55B | -3.37B | 7.19B | -5.12B | -311.00M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 194.09B | 240.21B | — | — | — |
| 2023 FY | 215.83B | 264.34B | — | — | — |
| 2024 FY | 208.23B | 259.09B | — | — | — |
| 2025 FY | 218.04B | 272.08B | — | — | — |
| 2026-12-31 | — | — | — | — | — |
| 2027-12-31 | — | — | — | — | — |
| 2028-12-31 | — | — | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q2 | 6.84B | 3.96B | 3.23B | 2.25B | 3.15 |
| 2025 Q3 | 7.08B | 4.11B | 3.36B | 2.28B | 3.20 |
| 2025 Q4 | 7.01B | 4.03B | 3.16B | 2.16B | 3.03 |
| 2026 Q1 | 6.52B | 3.64B | 2.88B | 1.98B | 2.79 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q2 | 59.56B | 62.32B | 1.88B | 55.87B | -2.76B |
| 2025 Q3 | 60.61B | 62.77B | 2.41B | 55.82B | -2.16B |
| 2025 Q4 | 59.52B | 61.31B | 774.00M | 54.81B | -1.79B |
| 2026 Q1 | 60.04B | 61.32B | 1.17B | 54.88B | -1.29B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q2 | 2.00B | -744.00M | 1.25B | -1.27B | 638.00M |
| 2025 Q3 | 3.43B | -1.01B | 2.42B | -1.26B | 537.00M |
| 2025 Q4 | 2.70B | -1.06B | 1.64B | -1.32B | -1.64B |
| 2026 Q1 | 2.41B | -682.00M | 1.73B | -1.32B | 396.00M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q2 | 208.76B | 262.75B | — | — | — |
| 2025 Q3 | 216.64B | 270.05B | — | — | — |
| 2025 Q4 | 218.28B | 272.32B | — | — | — |
| 2026 Q1 | 220.88B | 274.59B | — | — | — |
| 2026-06-30 | — | — | — | — | — |
| 2026-09-30 | — | — | — | — | — |
| 2026-12-31 | — | — | — | — | — |