# McDonalds Corp: overview

MCD · NYSE · CIK 63908 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/mcd.md) · [Financials](/companies/mcd/financials.md) · [Filings](/companies/mcd/filings.md) · [Insiders](/companies/mcd/insiders.md)

Latest reported revenue: [$7.10bn](/filings/0000063908-26-000073.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:Revenues, accession 0000063908-26-000073).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [6,873](/filings/0000063908-25-000059.md) | [6,388 d](/filings/0000063908-26-000035.md) | [5,956](/filings/0000063908-26-000051.md) | [6,843](/filings/0000063908-26-000073.md) | [7,078](/filings/0000063908-25-000059.md) | [7,009 d](/filings/0000063908-26-000035.md) | [6,517](/filings/0000063908-26-000051.md) | [7,099](/filings/0000063908-26-000073.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [46.4%](/filings/0000063908-25-000059.md) | [44.9% d](/filings/0000063908-26-000035.md) | [44.5%](/filings/0000063908-26-000051.md) | [47.2%](/filings/0000063908-26-000073.md) | [47.4%](/filings/0000063908-25-000059.md) | [45.0% d](/filings/0000063908-26-000035.md) | [45.3%](/filings/0000063908-26-000051.md) | [47.0%](/filings/0000063908-26-000073.md) |
| Net margin | % | [32.8%](/filings/0000063908-25-000059.md) | [31.6% d](/filings/0000063908-26-000035.md) | [31.4%](/filings/0000063908-26-000051.md) | [32.9%](/filings/0000063908-26-000073.md) | [32.2%](/filings/0000063908-25-000059.md) | [30.9% d](/filings/0000063908-26-000035.md) | [30.4%](/filings/0000063908-26-000051.md) | [33.3%](/filings/0000063908-26-000073.md) |
| Diluted EPS | $ per share | [3.13](/filings/0000063908-25-000059.md) | not reported | [2.60](/filings/0000063908-26-000051.md) | [3.14](/filings/0000063908-26-000073.md) | [3.18](/filings/0000063908-25-000059.md) | not reported | [2.78](/filings/0000063908-26-000051.md) | [3.32](/filings/0000063908-26-000073.md) |
| Free cash flow | $m | [1,942](/filings/0000063908-25-000059.md) | [1,824 d](/filings/0000063908-26-000035.md) | [1,877](/filings/0000063908-26-000051.md) | [1,254](/filings/0000063908-26-000073.md) | [2,417](/filings/0000063908-25-000059.md) | [1,638 d](/filings/0000063908-26-000035.md) | [1,730](/filings/0000063908-26-000051.md) | [1,976](/filings/0000063908-26-000073.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [23.2](/filings/0000063908-24-000072.md) | [23.2](/filings/0000063908-25-000012.md) | [25.5](/filings/0000063908-26-000035.md) | [25.9](/filings/0000063908-26-000035.md) | [26.9](/filings/0000063908-26-000035.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [44.6%](/filings/0000063908-24-000072.md) | [40.4%](/filings/0000063908-25-000012.md) | [45.7%](/filings/0000063908-26-000035.md) | [45.2%](/filings/0000063908-26-000035.md) | [46.1%](/filings/0000063908-26-000035.md) |
| Net margin | % | [32.5%](/filings/0000063908-24-000072.md) | [26.6%](/filings/0000063908-25-000012.md) | [33.2%](/filings/0000063908-26-000035.md) | [31.7%](/filings/0000063908-26-000035.md) | [31.9%](/filings/0000063908-26-000035.md) |
| Diluted EPS | $ per share | [10.04](/filings/0000063908-24-000072.md) | [8.33](/filings/0000063908-25-000012.md) | [11.56](/filings/0000063908-26-000035.md) | [11.39](/filings/0000063908-26-000035.md) | [11.95](/filings/0000063908-26-000035.md) |
| Free cash flow | $bn | [7.1](/filings/0000063908-24-000072.md) | [5.5](/filings/0000063908-25-000012.md) | [7.3](/filings/0000063908-26-000035.md) | [6.7](/filings/0000063908-26-000035.md) | [7.2](/filings/0000063908-26-000035.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/mcd/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $14.98bn | 55,436,039 |  | Added +83,304 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $12.54bn | 46,396,692 |  | Added +180,675 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $9.75bn | 36,080,505 |  | Added +646,675 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $8.53bn | 31,923,726 |  | Reduced −5,733,114 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $5.08bn | 18,781,589 |  | Reduced −323,203 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $4.89bn | 18,114,553 |  | Added +152,638 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $4.06bn | 15,027,364 |  | Reduced −591,145 |
| [BANK OF AMERICA CORP /DE/](/funds/70858.md) | 2026-06-30 | $2.97bn | 10,997,796 |  | Reduced −1,158,762 |
| [NORGES BANK](/funds/1374170.md) | 2026-06-30 | $2.67bn | 9,878,380 |  | New +9,878,380 |
| [Capital Research Global Investors](/funds/1422848.md) | 2026-06-30 | $2.42bn | 8,961,454 |  | Added +2,067,217 |

## Recent filings

[All 1,964 filings](/companies/mcd/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-23 | 12:01 ET | [8-K](/filings/0000063908-26-000076.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000063908-26-000076 |
| 2026-08-07 | 16:52 ET | [10-Q](/filings/0000063908-26-000073.md) | Quarterly report, period 2026-06-30 | 0000063908-26-000073 |
| 2026-08-04 | 11:44 ET | [8-K](/filings/0000063908-26-000069.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000063908-26-000069 |
| 2026-08-04 | 11:01 ET | [8-K](/filings/0000063908-26-000067.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000063908-26-000067 |
| 2026-05-22 | 14:34 ET | [8-K](/filings/0000063908-26-000055.md) | 5.07 Shareholder vote results | 0000063908-26-000055 |
| 2026-05-07 | 18:31 ET | [10-Q](/filings/0000063908-26-000051.md) | Quarterly report, period 2026-03-31 | 0000063908-26-000051 |
| 2026-05-07 | 11:01 ET | [8-K](/filings/0000063908-26-000048.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000063908-26-000048 |
| 2026-04-07 | 20:10 ET | [DEF 14A](/filings/0001193125-26-145548.md) | Proxy statement, period 2026-05-20 | 0001193125-26-145548 |
| 2026-04-02 | 18:05 ET | [8-K/A](/filings/0000063908-26-000042.md) | 5.02 Departure or appointment of officers or directors | 0000063908-26-000042 |
| 2026-02-24 | 16:12 ET | [10-K](/filings/0000063908-26-000035.md) | Annual report, period 2025-12-31 | 0000063908-26-000035 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000063908-26-000035.md), filed Feb 24, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/53fed58f-285d-4767-8437-2de66e0cf122)

## About the filer

- CIK: 63908
- Tickers: MCD
- Exchange: NYSE
- SIC code: 5812 Retail-Eating  Places
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:19 ET. No prices; not investment advice.