McDonald's (MCD) Stock Price

McDonald's Price

NYSE·CLOSED
274.15USD+1.86 (+0.68 %)
Market closed

Over the last 19 years McDonald's grew revenue by 1.3% annually, reaching 26.89 B USD. Earnings per share have grown at 7.7% per year over the last 19 years. For McDonald's, the net margin of 31.9% is broadly stable versus 32.5% a few years ago. At today's price the dividend yield works out to roughly 2.62%. The payout ratio is around 60% of earnings. The dividend has grown at 10.9% per year over the past 19 years. The consensus 12-month price target for McDonald's is 350.88 USD, about 28.0% above where the stock trades today. Of 43 analysts, 23 rate the stock a buy — an overall Buy consensus. The stock trades about 4% above its 52-week low.

McDonald's stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of McDonald's over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how McDonald's stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing McDonald's's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

McDonald's Stock Price History
DateMcDonald's Price
8/11/2026274.15 USD
8/10/2026272.29 USD
8/7/2026274.48 USD
8/6/2026276.26 USD
8/5/2026272.90 USD
8/4/2026268.30 USD
8/3/2026265.23 USD
7/31/2026270.64 USD
7/30/2026268.44 USD
7/29/2026271.90 USD
7/27/2026269.53 USD
7/23/2026262.80 USD
7/22/2026263.57 USD
7/21/2026263.91 USD
7/20/2026267.64 USD
7/17/2026267.71 USD
7/16/2026273.46 USD
7/15/2026264.95 USD
7/14/2026268.94 USD
7/13/2026271.77 USD
7/10/2026274.60 USD
7/9/2026276.49 USD
7/8/2026278.17 USD
7/7/2026282.21 USD
7/6/2026274.41 USD
7/2/2026280.63 USD
7/1/2026269.43 USD
6/30/2026270.31 USD
6/29/2026266.31 USD
6/26/2026269.76 USD
6/25/2026264.54 USD
6/24/2026273.88 USD
6/23/2026271.66 USD
6/22/2026274.50 USD
6/18/2026281.20 USD
6/17/2026285.83 USD
6/16/2026287.67 USD
6/15/2026286.35 USD
6/12/2026286.88 USD
6/11/2026282.05 USD
6/10/2026286.04 USD
6/9/2026282.25 USD
6/8/2026277.78 USD
6/5/2026277.71 USD
6/4/2026274.89 USD
6/3/2026275.03 USD
6/2/2026275.47 USD
6/1/2026274.83 USD
5/29/2026279.15 USD
5/28/2026278.36 USD
5/27/2026282.50 USD
5/26/2026279.90 USD
5/22/2026281.24 USD
5/21/2026282.39 USD
5/20/2026279.02 USD
5/19/2026280.80 USD
5/18/2026282.47 USD
5/15/2026276.39 USD
5/14/2026274.97 USD
5/13/2026275.70 USD
5/12/2026274.84 USD
5/11/2026274.60 USD
5/8/2026275.75 USD
5/7/2026283.70 USD
5/6/2026284.10 USD
5/5/2026285.17 USD
5/4/2026284.10 USD
5/1/2026286.64 USD
4/30/2026293.59 USD
4/29/2026290.08 USD
4/28/2026292.39 USD
4/27/2026290.21 USD
4/24/2026299.36 USD
4/23/2026302.53 USD
4/22/2026300.07 USD
4/21/2026301.84 USD
4/20/2026306.94 USD
4/17/2026311.36 USD
4/16/2026306.96 USD
4/15/2026306.26 USD
4/14/2026303.22 USD
4/13/2026304.51 USD
4/10/2026305.68 USD
4/9/2026309.55 USD
4/8/2026307.01 USD
4/7/2026304.85 USD
4/6/2026309.76 USD
4/2/2026307.14 USD
4/1/2026307.29 USD
3/31/2026310.79 USD
3/30/2026308.53 USD
3/27/2026305.77 USD
3/26/2026309.03 USD
3/25/2026311.70 USD
3/24/2026309.01 USD
3/23/2026308.47 USD
3/20/2026310.51 USD
3/19/2026309.58 USD
3/18/2026309.58 USD
3/17/2026326.52 USD
3/16/2026327.00 USD
3/13/2026326.40 USD
3/12/2026323.52 USD
3/11/2026323.77 USD
3/10/2026327.94 USD
3/9/2026330.80 USD
3/6/2026329.51 USD
3/5/2026327.45 USD
3/4/2026331.74 USD
3/3/2026332.17 USD
3/2/2026334.82 USD
2/27/2026341.06 USD
2/26/2026334.53 USD
2/25/2026333.03 USD
2/24/2026333.05 USD
2/23/2026334.56 USD
2/20/2026328.75 USD
2/19/2026327.11 USD
2/18/2026327.52 USD
2/17/2026327.62 USD
2/13/2026327.58 USD
2/12/2026331.52 USD
2/11/2026322.08 USD
2/10/2026326.30 USD
2/9/2026325.60 USD
2/6/2026327.16 USD
2/5/2026323.52 USD
2/4/2026323.69 USD
2/3/2026319.57 USD
2/2/2026318.53 USD
1/30/2026314.92 USD
1/29/2026315.19 USD
1/28/2026312.80 USD
1/27/2026314.15 USD
1/26/2026312.95 USD
1/23/2026308.34 USD
1/22/2026306.05 USD
1/21/2026305.69 USD
1/20/2026302.84 USD
1/16/2026307.35 USD
1/15/2026308.50 USD
1/14/2026308.13 USD
1/13/2026309.44 USD
1/12/2026306.75 USD
1/9/2026307.35 USD
1/8/2026308.88 USD
1/7/2026304.18 USD
1/6/2026304.49 USD
1/5/2026299.86 USD
1/2/2026303.02 USD
12/31/2025305.54 USD
12/30/2025308.04 USD
12/29/2025308.53 USD
12/26/2025310.99 USD
12/24/2025313.33 USD
12/23/2025310.84 USD
12/22/2025316.22 USD
12/19/2025316.07 USD
12/18/2025319.83 USD
12/17/2025319.02 USD
12/16/2025314.52 USD
12/15/2025317.95 USD
12/12/2025316.51 USD
12/11/2025309.71 USD
12/10/2025310.53 USD
12/9/2025310.79 USD
12/8/2025309.79 USD
12/5/2025311.23 USD
12/4/2025308.22 USD
12/3/2025307.71 USD
12/2/2025300.72 USD
12/1/2025303.89 USD
11/28/2025311.82 USD
11/26/2025312.32 USD
11/25/2025310.18 USD
11/24/2025305.54 USD
11/21/2025309.35 USD
11/20/2025304.85 USD
11/19/2025301.54 USD
11/18/2025304.59 USD
11/17/2025304.90 USD
11/14/2025307.49 USD
11/13/2025307.58 USD
11/12/2025306.94 USD
11/11/2025306.55 USD
11/10/2025298.92 USD
11/7/2025300.37 USD
11/6/2025299.07 USD
11/5/2025305.81 USD
11/4/2025299.15 USD
11/3/2025296.37 USD
10/31/2025298.49 USD
10/30/2025301.53 USD
10/29/2025301.69 USD
10/28/2025306.40 USD
10/27/2025310.00 USD
10/24/2025305.86 USD
10/23/2025307.74 USD
10/22/2025310.11 USD
10/21/2025307.48 USD
10/20/2025307.77 USD
10/17/2025307.52 USD
10/16/2025304.02 USD
10/15/2025305.25 USD
10/14/2025304.56 USD
10/13/2025300.11 USD
10/10/2025296.02 USD
10/9/2025293.81 USD
10/8/2025294.53 USD
10/7/2025296.32 USD
10/6/2025296.04 USD
10/3/2025300.92 USD
10/2/2025299.88 USD
10/1/2025300.52 USD
9/30/2025303.89 USD
9/29/2025303.89 USD
9/28/2025302.99 USD
9/25/2025305.24 USD
9/24/2025302.30 USD
9/23/2025303.19 USD
9/22/2025302.99 USD
9/19/2025303.00 USD
9/18/2025301.14 USD
9/17/2025304.97 USD
9/16/2025303.29 USD
9/15/2025302.07 USD
9/12/2025306.02 USD
9/11/2025308.43 USD
9/10/2025305.94 USD
9/9/2025312.52 USD
9/8/2025312.62 USD
9/5/2025313.73 USD
9/4/2025317.85 USD
9/3/2025316.17 USD
9/2/2025315.37 USD
8/29/2025313.89 USD
8/28/2025312.22 USD
8/27/2025311.43 USD
8/26/2025312.94 USD
8/25/2025313.44 USD
8/22/2025313.36 USD
8/21/2025313.22 USD
8/20/2025313.08 USD
8/19/2025310.93 USD
8/18/2025308.70 USD
8/15/2025308.95 USD
8/14/2025308.95 USD
8/13/2025305.09 USD
8/12/2025301.64 USD
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McDonald's Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
25.50 B USD
11.65 B USD
8.47 B USD
Jan 1, 2024
25.92 B USD
11.71 B USD
8.22 B USD
Jan 1, 2025
26.89 B USD
12.39 B USD
8.56 B USD
Jan 1, 2026 (e)
28.40 B USD
12.62 B USD
9.25 B USD
Jan 1, 2027 (e)
30.02 B USD
13.34 B USD
10.09 B USD
Jan 1, 2028 (e)
31.45 B USD
13.97 B USD
10.80 B USD
Jan 1, 2029 (e)
32.69 B USD
14.52 B USD
11.88 B USD
Jan 1, 2030 (e)
33.90 B USD
15.06 B USD
12.47 B USD

McDonald's Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 12, 2026, 3:12 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESB
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
25.4124.6222.8221.2621.3619.2123.2223.1825.5025.9226.8928.4030.0231.4532.6933.90
-7.39-3.12-7.31-6.850.50-10.1020.90-0.179.981.673.725.655.704.753.943.71
38.5241.4446.5450.9652.3350.7754.1756.9757.1256.7557.4157.4157.4157.4157.4157.41
9.7910.2010.6210.8311.189.7512.5813.2114.5614.7115.4416.3117.2418.0618.7719.46
7.157.749.558.829.077.3210.319.3711.6511.7112.3912.6213.3413.9714.5215.06
28.1231.4541.8641.5042.4538.1344.4140.4245.6845.1946.1044.4244.4244.4244.4244.42
4.534.695.195.926.034.737.556.188.478.228.569.2510.0910.8011.8812.47
-4.793.4710.8014.101.70-21.4959.51-18.1337.11-2.904.138.059.037.0610.034.91
3.443.613.834.194.735.045.255.666.236.787.177.447.988.57
4.884.946.099.4012.896.554.177.8110.078.835.753.777.267.39
0.920.830.800.780.760.750.750.740.730.720.710.710.710.710.710.71
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales McDonald's generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue McDonald's retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare McDonald's's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares McDonald's has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against McDonald's's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

McDonald's stock margins

The McDonald's margin analysis displays the gross margin, EBIT margin, as well as the profit margin of McDonald's. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for McDonald's.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
54.17 %
44.41 %
32.49 %
Jan 1, 2022
56.97 %
40.42 %
26.65 %
Jan 1, 2023
57.12 %
45.68 %
33.22 %
Jan 1, 2024
56.75 %
45.19 %
31.72 %
Jan 1, 2025
57.41 %
46.10 %
31.85 %
Jan 1, 2026 (e)
57.41 %
44.42 %
32.57 %
Jan 1, 2027 (e)
57.41 %
44.42 %
33.60 %
Jan 1, 2028 (e)
57.41 %
44.42 %
34.34 %

McDonald's Stock Revenue, EBIT, Earnings per Share

The McDonald's earnings per share therefore indicates how much revenue McDonald's has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
30.90 USD
13.72 USD
10.04 USD
Jan 1, 2022
31.50 USD
12.73 USD
8.39 USD
Jan 1, 2023
35.03 USD
16.00 USD
11.64 USD
Jan 1, 2024
36.02 USD
16.27 USD
11.43 USD
Jan 1, 2025
37.64 USD
17.35 USD
11.99 USD
Jan 1, 2026 (e)
39.65 USD
17.67 USD
12.91 USD
Jan 1, 2027 (e)
41.91 USD
18.68 USD
14.08 USD
Jan 1, 2028 (e)
43.90 USD
19.56 USD
15.07 USD

McDonald's business model & stock analysis

Discover the fascinating world of McDonald's, one of the most well-known fast food chains on the planet! Since its founding in 1940, McDonald's has become a global brand. Every year, millions of customers visit McDonald's to enjoy their delicious products. The history of McDonald's: McDonald's Corporation was founded in 1955 when Ray Kroc acquired the concept of two brothers, Richard and Maurice McDonald. The brothers had developed a system for food preparation for their drive-in restaurants in California. The idea was to organize the preparation in a way that would allow the food to be quickly and efficiently prepared for the customer. The two brothers produced hamburgers, french fries, and milkshakes that they wanted to bring to the market quickly. Kroc began expanding the company by recruiting various franchisees who could use the business model for their own restaurants. Within a few years, the company rapidly expanded, first in the United States, then in Europe and Asia. Today, there are nearly 40,000 McDonald's restaurants in over 100 countries worldwide. The business model of McDonald's: McDonald's business model is based on a franchise system. This means that entrepreneurs usually need to acquire a license to operate a McDonald's restaurant. McDonald's provides the concept and processes for the business, including the knowledge of food and how it is prepared and served. The company also provides a set of guidelines for restaurant setup and requires its franchisees to maintain a certain quality and customer service. The system allows for reduced operating costs for the restaurants, which in turn allows for higher profit margins for franchisees. The different divisions of McDonald's: McDonald's offers a variety of products, from hamburgers and french fries to salads and smoothies. The company has also specialized in certain areas, such as breakfast or introducing new menu options like healthier or vegetarian dishes. McDonald's has also introduced its own coffee brand, McCafe, which offers a wide selection of coffee specialties, from cappuccinos to espressos. The menu also includes smoothies, bagels, and other snacks. Another business area of McDonald's is Happy Meals, which are specially designed for children. These boxes include a meal and a surprise in the form of toys or games. McDonald's is also involved in various social and environmental initiatives, such as the reuse of packaging, waste reduction, and the use of sustainable materials in production. The products offered by McDonald's: McDonald's is most famous for its burgers and french fries. The most popular products include the Big Mac, Quarter Pounder, McChicken, and Filet-O-Fish sandwiches. Especially in the United States, there are also various regional offerings, such as the "McRib" which is only available at certain times of the year, or the "Lobster Roll" which is only available in certain coastal regions. For vegetarians and vegans, McDonald's now offers several dishes, such as the McVeggie or McWrap Veggie. There are also local offerings in different countries tailored to local specialties and tastes. Conclusion: McDonald's is a well-known brand and one of the world's largest fast-food chains. The company has built a strong presence in many countries around the world due to its successful franchise system. McDonald's products include a variety of menu options that are constantly adjusted and expanded. McDonald's has also responded to the challenges of the 21st century by adapting to the zeitgeist, including offering vegetarian and vegan dishes.

McDonald's SWOT Analysis

Strengths

1. Global Brand Recognition: McDonald's is one of the most well-known fast food chains worldwide, which gives it a competitive edge.

2. Extensive Franchise Network: McDonald's has a large network of franchisees, allowing for widespread presence and rapid expansion.

3. Strong Marketing Strategy: The company's effective marketing campaigns help maintain customer loyalty and attract new customers.

Weaknesses

1. Controversial Menu: McDonald's has been criticized for its high-calorie and unhealthy menu choices, which may deter health-conscious customers.

2. Employee Turnover: The fast-paced nature of the fast food industry often leads to high employee turnover, affecting the quality of service.

3. Vulnerability to Consumer Trends: McDonald's may face challenges in adapting to changing consumer preferences, such as the increasing demand for healthier food options.

Opportunities

1. Expansion into Emerging Markets: McDonald's has the opportunity to tap into untapped markets in developing countries, where fast food consumption is on the rise.

2. Diversification of Menu: Introducing healthier and more diverse menu options can attract health-conscious consumers and cater to evolving dietary trends.

3. Technological Innovations: Embracing digital technologies like mobile ordering and delivery apps can enhance convenience and customer engagement.

Threats

1. Intense Competition: McDonald's faces fierce competition from other fast food chains and local eateries, which may impact market share.

2. Rising Food Costs: Fluctuations in commodity prices can affect McDonald's profitability and impact pricing strategies.

3. Negative Public Perception: Growing concerns regarding fast food's impact on health and the environment could lead to a decline in customer trust and loyalty.

McDonald's Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

McDonald's Employees
Details
Date
McDonald's Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

McDonald's Segments

McDonald's Revenue by Segment (1/3)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

International Operated Markets
Europe
U.S
International Lead Markets
APMEA
High-Growth Markets
International Developmental Licensed Markets & Corporate
International Developmental Licensed Markets and Corporate
Foundational Markets and Corporate
Other Countries & Corporate
Details
Date
International Operated Markets
Europe
U.S
United States
International Lead Markets
APMEA
High-Growth Markets
Asia / Pacific, Middle East, Africa
International Developmental Licensed Markets & Corporate
International Developmental Licensed Markets and Corporate
Foundational Markets and Corporate
Other Countries & Corporate
Other Countries and Corporate
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
1.77 B USD
0.00 USD
0.00 USD
Jan 1, 2019
11.40 B USD
0.00 USD
7.84 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
9.57 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
1.81 B USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
12.22 B USD
0.00 USD
8.87 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
2.14 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
11.30 B USD
0.00 USD
9.59 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
2.30 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
12.38 B USD
0.00 USD
10.57 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
2.54 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
12.63 B USD
0.00 USD
10.63 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
2.66 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
13.63 B USD
0.00 USD
10.83 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
2.43 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

McDonald's Revenue by Segment (2/3)

  • 3 Years

  • 5 Years

  • Max

United States
International Lead Markets
High-Growth Markets
Details
Date
United States
International Lead Markets
High-Growth Markets
Jan 1, 2018
0.00 USD
7.60 B USD
3.99 B USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
7.83 B USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD

McDonald's Revenue by Segment (3/3)

  • 3 Years

  • 5 Years

  • Max

U.S
International Developmental Licensed Markets and Corporate
Details
Date
U.S
International Developmental Licensed Markets and Corporate
Jan 1, 2018
7.67 B USD
0.00 USD
Jan 1, 2019
0.00 USD
1.84 B USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

McDonald's Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

McDonald's historical P/E ratio, EBIT multiple, and P/S ratio

McDonald's annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

McDonald's shares outstanding

The number of shares of McDonald's was 714.2 M in 2025. This indicates how many shares McDonald's is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
751.60 M Stocks
Jan 1, 2022
736.00 M Stocks
Jan 1, 2023
727.80 M Stocks
Jan 1, 2024
719.70 M Stocks
Jan 1, 2025
714.20 M Stocks
Jan 1, 2026 (e)
714.20 M Stocks
Jan 1, 2027 (e)
714.20 M Stocks
Jan 1, 2028 (e)
714.20 M Stocks

McDonald's stock splits

In McDonald's's history, there have been no stock splits.

McDonald's Dividend History

37 years of dividend payments · 26 consecutive increases

YearAnnual DividendYoY ChangePayments
20261.86USDYTD
Mar 3, 20261.86USD 0.0%1/1
20257.17USD 5.8%
Mar 3, 20251.77USD 0.0%1/4
Jun 2, 20251.77USD 0.0%2/4
Sep 2, 20251.77USD 0.0%3/4
Dec 1, 20251.86USD 5.1%4/4
20246.78USD 8.8%
20236.23USD 10.1%
20225.66USD 7.8%
20215.25USD 4.2%
20205.04USD 6.6%
20194.73USD 12.9%
20184.19USD 9.4%
20173.83USD 6.1%

McDonald's dividend history and estimates

In 2025, McDonald's paid a dividend amounting to 7.17 USD. Dividend means that McDonald's distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
5.25 USD
0.00 USD
Jan 1, 2022
5.66 USD
0.00 USD
Jan 1, 2023
6.23 USD
0.00 USD
Jan 1, 2024
6.78 USD
0.00 USD
Jan 1, 2025
7.17 USD
0.00 USD
Jan 1, 2026 (e)
1.86 USD
5.58 USD
Jan 1, 2027 (e)
0.00 USD
7.98 USD
Jan 1, 2028 (e)
0.00 USD
8.57 USD

McDonald's dividend payout ratio

In 2025, McDonald's had a payout ratio of 59.80%. The payout ratio indicates the percentage of the company's profits that McDonald's distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
52.30 %
Jan 1, 2022
67.44 %
Jan 1, 2023
53.54 %
Jan 1, 2024
59.34 %
Jan 1, 2025
59.80 %
Jan 1, 2026 (e)
57.61 %
Jan 1, 2027 (e)
56.70 %
Jan 1, 2028 (e)
56.83 %

Current McDonald's forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.44 %
Buy
53.49 % (23)
Hold
41.86 % (18)
Sell
4.65 % (2)
12M Price Target
350.88
Last Price
272.29
Currency
USD
12M Return Potential
28.86 %
LTM Return
0 %

McDonald's Analyst Rating Actions

DateFirmActionRatingReliability
7/27/2026
UBS
UBS
MaintainedBuy51
7/24/2026
BTIG
BTIG
MaintainedBuy
7/23/2026
Evercore ISI Group
Evercore ISI Group
MaintainedOutperform62
7/17/2026
Tigress Financial
Tigress Financial
MaintainedBuy
7/16/2026
Wells Fargo
Wells Fargo
MaintainedOverweight56
7/16/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
7/15/2026
Citigroup
Citigroup
MaintainedBuy48
6/29/2026
Keybanc
Keybanc
MaintainedOverweight49
5/11/2026
JP Morgan
JP Morgan
MaintainedOverweight80
5/8/2026
Wells Fargo
Wells Fargo
MaintainedOverweight56

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

McDonald's Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/4/20263.36USD-7.20 BUSD-2026 Q2
5/7/20262.78USD-6.55 BUSD-2026 Q1
2/11/20263.07USD-6.90 BUSD-2025 Q4
4/23/20242.80USD-6.32 BUSD-2024 Q1
1/29/20242.84USD-6.49 BUSD-2023 Q4
7/24/20232.64USD-5.95 BUSD-2023 Q2
4/26/20232.24USD-5.36 BUSD-2023 Q1
1/25/20232.45USD-5.75 BUSD-2022 Q4
10/27/20222.60USD-5.77 BUSD-2022 Q3
7/26/20222.49USD-5.89 BUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the McDonald's stock

63/100
67
Environment
71
Social
51
Governance
E

Environment

20
Scope 1 - Direct Emissions100,264
Scope 2 - Indirect emissions from purchased energy224,964
Scope 3 - Indirect emissions within the value chain59,929,320
Total CO₂ emissions325,228
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees55
Percentage of women in management
Percentage of Asian employees12
Share of Asian management8
Percentage of Hispanic/Latino employees13
Hispano/Latino Management share38
Percentage of Black employees12
Black Management Share16
Percentage of white employees60
White Management Share34
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

McDonald's shareholder structure

% Name
7.72651%
BLACKROCK, INC.
BLACKROCK, INC.
6.45115%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
5.25640%
JPMORGAN CHASE & CO
JPMORGAN CHASE & CO
4.94610%
STATE STREET CORP
STATE STREET CORP
2.66678%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
2.50725%
GEODE CAPITAL MANAGEMENT, LLC
GEODE CAPITAL MANAGEMENT, LLC
...

McDonald's Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.9%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
8.83%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
7.52%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
7.10%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
5.81%
BlackRock for purposes of Schedule 13G filings.
BlackRock for purposes of Schedule 13G filings.
SEC ↗
5.60%
Marsico Capital Management, LLC             84-1434992
Marsico Capital Management, LLC             84-1434992
SEC ↗
5.10%
JPMORGAN CHASE & CO
JPMORGAN CHASE & CO
SEC ↗
5.00%
STATE STREET CORPORATION
STATE STREET CORPORATION
SEC ↗
5.00%
McDonald’s Corporation
McDonald’s Corporation
SEC ↗
4.51%
Abigail P. Johnson
Abigail P. Johnson
SEC ↗
3.10%
FMR LLC
FMR LLC
SEC ↗

McDonald's Executives and Management Board

23 members · avg. age 58 · 43 % women

CK

Mr. Christopher Kempczinski (56)

Chairman of the Board, President, Chief Executive Officer · since 2017

18.20 M USD

Management

JB

Mr. Jonathan Banner (57)

Executive Vice President, Global Chief Impact Officer

7.35 M USD
IB

Mr. Ian Borden (56)

Executive Vice President, Global Chief Financial Officer

6.31 M USD
JE

Mr. Joseph Erlinger (51)

Executive Vice President, President - McDonald's USA

6.11 M USD
GM

Ms. Gillian Mcdonald (60)

Executive Vice President, Global Chief Restaurant Experience Officer

5.05 M USD
BR

Mr. Brian Rice (61)

Executive Vice President, Global Chief Information Officer

4.58 M USD
DR

Ms. Desiree Ralls-Morrison (58)

Executive Vice President, Chief Legal Officer, Secretary

3.83 M USD

Board of Directors

MW

Mr. Miles White (70)

Lead Independent Director

388,555.00 USD
CE

Ms. Catherine Engelbert (60)

Independent Director

363,060.00 USD
LD

Mr. Lloyd Dean (74)

Independent Director

358,060.00 USD
PW

Mr. Paul Walsh (69)

Independent Director

358,060.00 USD
AC

Mr. Anthony Capuano (59)

Independent Director

333,060.00 USD
KD

Mr. Kareem Daniel (50)

Independent Director

333,060.00 USD

McDonald's Supply Chain

McDonald's Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
Tesco
Supplier·Food & Staples Retailing·GB
0.65
0.53
-0.04
0.54
0.69
0.79
2
Tyson Foods, Inc.
Supplier·Food Products·US
0.46
0.63
-0.30
-0.62
0.26
0.79
0.34
3
Graphic Packaging Holding Company
Supplier·Containers & Packaging·US
0.32
0.74
0.81
-0.14
0.28
0.79
0.53
4
Klarsen
Supplier·Media·FR
0.66
0.22
0.67
0.29
0.05
0.78
5
Keurig Dr Pepper Inc.
Customer·Beverages·US
0.52
0.40
-0.17
-0.58
0.05
0.77
0.07
#Nameβ 1YTrend
1
X5 Retail Group GDR
Supplier·Customer·Food & Staples Retailing·RU
-0.37
-0.29
0.45
0.05
2
Trisula
Supplier·N/A·ID
0.73
0.74
0.73
3
Just Eat Takeaway.com N.V.
Supplier
0.69
0.75
-0.56
4
VKCO GDR
Customer·Interactive Media & Services·CY
0.57
0.78
-0.28
0.64
0.02
5
Mastermind
Supplier·Media·US
0.48
0.60
0.36
-0.32
-0.60

Frequently asked questions about McDonald's

The business model of McDonald's is based on the concept of fast-food service restaurants. Their primary focus is on delivering consistent quality food and a quick service experience to customers. McDonald's operates through a franchising model, where franchisees own and operate individual restaurants under the McDonald's brand. The company offers a menu consisting of a variety of burgers, sandwiches, fries, and other food items, along with beverages and desserts. McDonald's emphasizes affordability, convenience, and a strong global presence to attract a wide customer base. With their iconic Golden Arches, McDonald's has become one of the world's leading fast-food chains, catering to millions of customers daily.

McDonald's is primarily active in the fast food and restaurant industries.

The main competitors of McDonald's in the market include fast-food chains such as Burger King, Wendy's, KFC, Subway, and Taco Bell.

McDonald's Corporation, often referred to as McDonald's, is a renowned American fast food restaurant chain. Founded in 1940 by Richard and Maurice McDonald, the company initially started as a barbecue restaurant, but later transformed into a hamburger stand. In 1955, entrepreneur Ray Kroc joined the business and opened the first McDonald's franchise in Des Plaines, Illinois. With its focus on service, cleanliness, and value, McDonald's grew exponentially, becoming a global phenomenon in the fast-food industry. Today, McDonald's operates in more than 100 countries and serves millions of customers daily, offering a wide range of menu options, including its iconic Big Mac. With its rich history and worldwide recognition, McDonald's continues to be a dominant player in the foodservice industry.

McDonald's, a renowned fast-food chain, has achieved several significant milestones throughout its history. One such milestone is the introduction of their iconic hamburger, the Big Mac, in 1968. This signature sandwich became immensely popular and has remained a staple on their menu ever since. Another noteworthy achievement was the establishment of their global presence, marked by the opening of the first McDonald's outside of the United States in Canada in 1967. Over the years, McDonald's has continuously expanded its menu, introducing new items like the Chicken McNuggets in 1980 and the McCafé line of beverages in 2001. These achievements have solidified McDonald's position as a leader in the fast-food industry.

McDonald's is primarily present in countries and regions worldwide. The famous fast-food chain has an extensive global presence, with restaurants in over 100 countries. Some of the key markets where McDonald's operates include the United States, Canada, China, Japan, Australia, the United Kingdom, France, Germany, Brazil, and India. McDonald's has successfully established its brand across various continents, catering to diverse cultures and preferences. With its iconic golden arches, McDonald's continues to be one of the most recognizable and popular fast-food chains globally.

McDonald's represents values of quality, service, cleanliness, and value. The company's corporate philosophy focuses on delivering exceptional customer experiences, offering affordable and delicious food, and maintaining high standards of cleanliness in their restaurants. McDonald's aims to provide quality food products sourced from trusted suppliers, ensuring consistency across their global franchise network. By prioritizing customer satisfaction and convenience, McDonald's has become a leader in the fast-food industry. With a commitment to innovation, social responsibility, and community engagement, McDonald's continues to adapt and evolve to meet the changing needs of its customers while upholding its core values.

Analysts currently set an average price target of 345.17 USD for the McDonald's stock (median: 350.88 USD), implying +26.8 % versus the latest price. The consensus is based on 43 analyst ratings.

43 analysts currently rate the McDonald's stock: 23 recommend buying, 18 holding and 2 selling. For 2026, analysts expect McDonald's to generate revenue of 28.40 B USD and earnings per share of 12.95 USD.

Converted at the current exchange rate, the McDonald's share trades at 237.40 EUR (274.15 USD).

The McDonald's share (MCD) is listed on 12 stock exchanges, including: NYSE (MCD), XETRA (MDO.DE), Frankfurt (MDO.F), München (MDO.MU), Stuttgart (MDO.SG), Düsseldorf (MDO.DU), Berlin (MDO.BE), Hamburg (MDO.HM).

The company McDonald's is a globally operating company, primarily known for its fast-food restaurants. McDonald's business model is based on the production and sale of fast food products such as burgers, french fries, and soft drinks. McDonald's has many different divisions that contribute to its operations. An important division is the franchise model, where franchisees have the right to open their own McDonald's restaurants. They acquire the right to use the McDonald's brand and system and receive support in establishing and operating their restaurant. Another important division of McDonald's is the delivery system. The company offers delivery service for customers who are unable to go to the restaurant or stay there. Through online ordering systems, McDonald's enables quick and easy ordering of deliveries. Another important aspect of the business model is marketing. McDonald's is known to be very creative and innovative in advertising. They have developed many famous advertising campaigns, including the "I'm Lovin' It" campaign, which was launched in 2003 and has since become one of the most famous brand slogans worldwide. McDonald's offers a wide range of products, including hamburgers, cheeseburgers, chicken McNuggets, salads, breakfast sandwiches, and much more. All products are produced according to McDonald's strict standards to ensure that they are safe, fresh, and of the highest quality. An important part of the business model is constantly improving and expanding the menu to meet the needs and desires of customers. Another factor contributing to McDonald's business model is sales and scaling. McDonald's has over 38,000 restaurants in over 100 countries, which means they are able to produce and sell products on a large scale. This allows them to maintain a strong position in the market and offer a wide range of products at an affordable price. In summary, McDonald's business model is built on many different pillars. They utilize the franchise model, marketing, online ordering system, and scaling to offer a wide range of products at an affordable price. Through continuous improvement and expansion of the menu, as well as innovative marketing, McDonald's remains one of the most well-known brands in the fast food industry.

The expected revenue of McDonald's is 28.40 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of McDonald's is 9.25 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of McDonald's is currently 21.16. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the McDonald's stock.

The price-to-sales ratio (P/S) of McDonald's is currently 6.89. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the McDonald's stock.

The Eulerpool Quality Score for McDonald's is 6/10.

The ISIN of McDonald's is US5801351017. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of McDonald's is 856958. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of McDonald's is MCD. The ticker symbol is used to trade McDonald's shares on the stock exchange.

Over the past 12 months, McDonald's paid a dividend of 7.17 USD . This corresponds to a dividend yield of about 2.62 %. For the coming 12 months, McDonald's is expected to pay a dividend of 7.98 USD.

The current dividend yield of McDonald's is 2.62 %.

McDonald's pays a dividend, distributed in the months of , , , .

McDonald's paid dividends every year for the past 48 years.

For the upcoming 12 months, dividends amounting to 7.98 USD are expected. This corresponds to a dividend yield of 2.93 %.

McDonald's is assigned to the 'Cyclical consumption' sector.

To receive the latest dividend of McDonald's from amounting to 1.86 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, McDonald's distributed 6.78 USD as dividends.

The dividends of McDonald's are distributed in USD.

All fundamentals and in-depth analysis of McDonald's

Our stock analysis for McDonald's stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of McDonald's. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.