McDonald's Corporation

MCDNYSE

$251.35

Last price · USD

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

McDonald's Corporation income statement

Annual · USD millions except per-share data · 26 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Revenue & gross profit
Revenue	26,885	25,920	25,494	23,183	23,223	+3.7%
Cost of revenue	11,450	11,210	10,931	9,975	10,643	+1.8%
Gross profit	15,435	14,710	14,563	13,207	12,580	+5.2%
Operating expenses & income
SG&A (combined)	3,039	2,858	2,817	2,863	2,708	+2.9%
Total operating expenses	3,042	2,998	2,916	3,836	2,224	+8.1%
Cost and expenses	14,492	14,208	13,847	13,812	12,867	+3.0%
Operating income	12,393	11,712	11,647	9,371	10,356	+4.6%
Non-operating & other
Interest income	82	103	186	44	9	+73.7%
Interest expense	1,582	1,506	1,361	1,207	1,186	+7.5%
Net interest income	(1,500)	(1,403)	(1,175)	(1,163)	(1,177)	—
Non-operating income (excl. interest)	(86)	(139)	(236)	339	42	—
Other expenses	3	140	99	973	(483)	—
Other adjustments to net income	0	(1)	0	0	0	—
Total other income (expenses), net	(1,496)	(1,367)	(1,124)	(1,546)	(1,228)	—
Profitability
Depreciation & amortization	2,199	2,097	1,978	1,871	1,868	+4.2%
Income before tax	10,897	10,345	10,522	7,825	9,128	+4.5%
Income tax expense	2,334	2,121	2,053	1,648	1,583	+10.2%
Net income from continuing operations	8,563	8,223	8,469	6,177	7,545	+3.2%
Net income	8,563	8,223	8,469	6,177	7,545	+3.2%
Bottom line net income	8,563	8,223	8,469	6,177	7,545	+3.2%
Additional fields
Ebit	12,479	11,851	11,883	9,032	10,314	+4.9%
Ebitda	14,678	13,948	13,861	10,903	12,182	+4.8%
Eps	$12.00	$11.45	$11.63	$8.39	$10.11	+4.4%
Eps Diluted	$11.95	$11.39	$11.56	$8.33	$10.04	+4.5%
Weighted Average Shs Out	713	718	728	737	746	-1.1%
Weighted Average Shs Out Dil	716	722	732	741	752	-1.2%