McDonalds Financial Statements From 2010 to 2024

MCD Stock  USD 270.98  1.03  0.38%   
McDonalds financial statements provide useful quarterly and yearly information to potential McDonalds investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on McDonalds financial statements helps investors assess McDonalds' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting McDonalds' valuation are summarized below:
Gross Profit
13.2 B
Profit Margin
0.3322
Market Capitalization
195.4 B
Enterprise Value Revenue
9.4651
Revenue
25.5 B
There are over one hundred nineteen available fundamental ratios for McDonalds, which can be analyzed over time and compared to other ratios. Investors should ensure to check all of McDonalds' last-minute performance against the performance from 2010 to 2024 to make sure the company is sustainable for the next two years. The current year's Market Cap is expected to grow to about 183.4 B. The current year's Enterprise Value is expected to grow to about 227 B

McDonalds Total Revenue

18.34 Billion

Check McDonalds financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McDonalds main balance sheet or income statement drivers, such as Depreciation And Amortization of 362.6 M, Interest Expense of 1.4 B or Total Revenue of 18.3 B, as well as many exotic indicators such as Price To Sales Ratio of 8.89, Dividend Yield of 0.0149 or Days Sales Outstanding of 37.4. McDonalds financial statements analysis is a perfect complement when working with McDonalds Valuation or Volatility modules.
  
This module can also supplement McDonalds' financial leverage analysis and stock options assessment as well as various McDonalds Technical models . Check out the analysis of McDonalds Correlation against competitors.
For information on how to trade McDonalds Stock refer to our How to Trade McDonalds Stock guide.

McDonalds Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets28.8 B56.1 B37.9 B
Slightly volatile
Short and Long Term Debt Total52.7 B50.2 B30.9 B
Slightly volatile
Other Current Liabilities1.2 B2.1 B1.6 B
Very volatile
Total Current Liabilities7.2 B6.9 B3.8 B
Slightly volatile
Property Plant And Equipment Net21.1 B38.4 B26.8 B
Slightly volatile
Net Debt47.9 B45.6 B28 B
Slightly volatile
Retained Earnings66.7 B63.5 B47.1 B
Slightly volatile
Cash4.8 B4.6 B2.9 B
Slightly volatile
Non Current Assets Total25.5 B48.2 B32.8 B
Slightly volatile
Non Currrent Assets Other4.1 B3.9 B2.5 B
Slightly volatile
Cash And Short Term Investments4.8 B4.6 B2.9 B
Slightly volatile
Net Receivables2.6 B2.5 B1.7 B
Slightly volatile
Common Stock Shares Outstanding956 M732.3 M912.7 M
Slightly volatile
Liabilities And Stockholders Equity28.8 B56.1 B37.9 B
Slightly volatile
Non Current Liabilities Total56.7 B54 B34.8 B
Slightly volatile
Inventory88.5 M52.8 M74.9 M
Slightly volatile
Other Current Assets476.4 M919.1 M657.2 M
Very volatile
Total Liabilities63.9 B60.9 B38.6 B
Slightly volatile
Total Current Assets8.4 BB5.4 B
Slightly volatile
Intangible Assets4.5 B4.3 B2.7 B
Slightly volatile
Accounts Payable806.9 M1.1 B923.5 M
Pretty Stable
Good Will2.3 BB2.5 B
Slightly volatile
Property Plant And Equipment Gross59.9 B57.1 B31.7 B
Slightly volatile
Common Stock Total Equity13.3 M14.9 M16.3 M
Slightly volatile
Other Liabilities2.7 B5.2 B3.6 B
Slightly volatile
Other Assets10.5 B10 B3.9 B
Slightly volatile
Long Term Debt20.4 B37.2 B24.8 B
Slightly volatile
Property Plant Equipment25.4 B41.8 B26.4 B
Slightly volatile
Current Deferred Revenue776.1 M790.1 M1.1 B
Slightly volatile
Long Term Debt Total26.6 B41.3 B25.7 B
Slightly volatile
Capital Surpluse7.4 B9.8 B7.1 B
Slightly volatile
Long Term Investments918.9 M1.1 B1.1 B
Pretty Stable
Non Current Liabilities Other902.2 M949.7 M2.3 B
Pretty Stable
Short and Long Term Debt1.9 BB7.3 B
Slightly volatile
Cash And Equivalents2.5 BB1.9 B
Slightly volatile
Net Invested Capital33.4 B34.6 B28.7 B
Slightly volatile
Capital Stock13.3 M14.9 M16.3 M
Slightly volatile
Capital Lease Obligations10.5 B13.7 B13.1 B
Slightly volatile

McDonalds Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization362.6 M381.7 MB
Slightly volatile
Total Revenue18.3 B25.5 B22.5 B
Very volatile
Gross Profit8.7 B14.2 B10.4 B
Slightly volatile
Other Operating Expenses13 B13.7 B14.6 B
Pretty Stable
Operating Income12.3 B11.7 B8.5 B
Slightly volatile
EBIT12.3 B11.7 B7.5 B
Slightly volatile
EBITDA12.7 B12.1 B8.6 B
Slightly volatile
Cost Of Revenue9.6 B11.3 B12.1 B
Pretty Stable
Total Operating Expenses2.5 B2.4 B2.4 B
Slightly volatile
Income Before Tax11 B10.5 B7.7 B
Slightly volatile
Net Income8.9 B8.5 B5.6 B
Slightly volatile
Income Tax Expense1.4 B2.1 BB
Pretty Stable
Selling General Administrative2.4 B2.4 B2.4 B
Slightly volatile
Net Income Applicable To Common Shares4.6 B7.1 B5.3 B
Slightly volatile
Net Income From Continuing Ops6.2 B8.3 B5.7 B
Slightly volatile
Tax Provision1.6 BBB
Slightly volatile
Interest Income140.7 M148.1 M492.8 M
Very volatile
Reconciled DepreciationB1.9 B1.3 B
Pretty Stable

McDonalds Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.7 B2.6 B2.5 B
Pretty Stable
Depreciation362.6 M381.7 M1.4 B
Very volatile
Capital Expenditures2.2 B2.4 B2.2 B
Pretty Stable
Total Cash From Operating Activities5.1 B9.6 B6.7 B
Slightly volatile
Net Income8.9 B8.5 B5.6 B
Slightly volatile
End Period Cash Flow4.8 B4.6 B2.9 B
Slightly volatile
Stock Based Compensation126.3 M175.2 M118.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio8.898.4665.7829
Slightly volatile
Dividend Yield0.01490.0210.0242
Slightly volatile
Days Sales Outstanding37.435.621327.3872
Slightly volatile
Operating Cash Flow Per Share13.8713.2058.4685
Slightly volatile
Stock Based Compensation To Revenue0.0040.00690.005
Slightly volatile
EV To Sales10.7710.25597.0129
Slightly volatile
ROIC0.280.26760.2009
Slightly volatile
Inventory Turnover225214175
Slightly volatile
Net Income Per Share12.2211.63466.8317
Slightly volatile
Days Of Inventory On Hand1.621.70352.427
Slightly volatile
Payables Turnover9.8610.257413.214
Slightly volatile
Cash Per Share6.616.29113.461
Slightly volatile
POCF Ratio11.8322.454418.0163
Slightly volatile
Payout Ratio0.310.53520.5556
Pretty Stable
Days Payables Outstanding43.035.58430.2731
Slightly volatile
Income Quality1.671.1351.3229
Pretty Stable
EV To Operating Cash Flow14.1527.201821.7803
Slightly volatile
PE Ratio16.6225.485322.8736
Slightly volatile
Return On Tangible Assets0.0880.15950.144
Pretty Stable
Earnings Yield0.05630.03920.0459
Slightly volatile
Intangibles To Total Assets0.04620.05420.0635
Slightly volatile
Net Debt To EBITDA3.953.76273.1162
Slightly volatile
Current Ratio0.81.16441.4272
Pretty Stable
Receivables Turnover9.7310.246715.4639
Slightly volatile
Graham Number43.241.142334.7436
Slightly volatile
Revenue Per Share36.7735.023627.4098
Slightly volatile
Interest Debt Per Share59.7156.86838.7462
Slightly volatile
Debt To Assets0.380.7130.678
Slightly volatile
Enterprise Value Over EBITDA22.6421.559718.1846
Slightly volatile
Price Earnings Ratio16.6225.485322.8736
Slightly volatile
Operating Cycle19.7837.324928.5315
Slightly volatile
Days Of Payables Outstanding43.035.58430.2731
Slightly volatile
Dividend Payout Ratio0.310.53520.5556
Pretty Stable
Price To Operating Cash Flows Ratio11.8322.454418.0163
Slightly volatile
Pretax Profit Margin0.430.41270.328
Slightly volatile
Ebt Per Ebit0.940.89580.9011
Slightly volatile
Operating Profit Margin0.480.46070.3665
Slightly volatile
Effective Tax Rate0.350.19510.2951
Slightly volatile
Long Term Debt To Capitalization1.21.14510.9069
Slightly volatile
Total Debt To Capitalization1.191.13320.9063
Slightly volatile
Return On Capital Employed0.150.23830.2347
Slightly volatile
Ebit Per Revenue0.480.46070.3665
Slightly volatile
Quick Ratio0.651.03041.1896
Very volatile
Net Income Per E B T0.540.80490.6975
Slightly volatile
Cash Ratio0.380.66760.7354
Very volatile
Operating Cash Flow Sales Ratio0.20.3770.2865
Slightly volatile
Days Of Inventory Outstanding1.621.70352.427
Slightly volatile
Days Of Sales Outstanding37.435.621327.3872
Slightly volatile
Cash Flow Coverage Ratios0.410.24010.303
Slightly volatile
Fixed Asset Turnover0.70.66350.8838
Slightly volatile
Price Cash Flow Ratio11.8322.454418.0163
Slightly volatile
Enterprise Value Multiple22.6421.559718.1846
Slightly volatile
Debt Ratio0.380.7130.678
Slightly volatile
Cash Flow To Debt Ratio0.410.24010.303
Slightly volatile
Price Sales Ratio8.898.4665.7829
Slightly volatile
Return On Assets0.0880.15080.1348
Pretty Stable
Asset Turnover0.730.45410.6375
Slightly volatile
Net Profit Margin0.350.33220.2383
Slightly volatile
Gross Profit Margin0.560.55620.4797
Slightly volatile

McDonalds Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap183.4 B174.7 B179.6 B
Slightly volatile
Enterprise Value227 B216.2 B222.3 B
Slightly volatile

McDonalds Fundamental Market Drivers

Forward Price Earnings21.4133
Cash And Short Term Investments4.6 B

McDonalds Upcoming Events

23rd of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
3rd of February 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About McDonalds Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include McDonalds income statement, its balance sheet, and the statement of cash flows. McDonalds investors use historical funamental indicators, such as McDonalds's revenue or net income, to determine how well the company is positioned to perform in the future. Although McDonalds investors may use each financial statement separately, they are all related. The changes in McDonalds's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on McDonalds's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on McDonalds Financial Statements. Understanding these patterns can help to make the right decision on long term investment in McDonalds. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue790.1 M776.1 M
Total Revenue25.5 B18.3 B
Cost Of Revenue11.3 B9.6 B
Stock Based Compensation To Revenue 0.01  0 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.09)(0.1)
Revenue Per Share 35.02  36.77 
Ebit Per Revenue 0.46  0.48 

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When determining whether McDonalds is a strong investment it is important to analyze McDonalds' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact McDonalds' future performance. For an informed investment choice regarding McDonalds Stock, refer to the following important reports:
Check out the analysis of McDonalds Correlation against competitors.
For information on how to trade McDonalds Stock refer to our How to Trade McDonalds Stock guide.
Note that the McDonalds information on this page should be used as a complementary analysis to other McDonalds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running McDonalds' price analysis, check to measure McDonalds' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McDonalds is operating at the current time. Most of McDonalds' value examination focuses on studying past and present price action to predict the probability of McDonalds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McDonalds' price. Additionally, you may evaluate how the addition of McDonalds to your portfolios can decrease your overall portfolio volatility.
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Is McDonalds' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McDonalds. If investors know McDonalds will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McDonalds listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.083
Dividend Share
6.23
Earnings Share
11.55
Revenue Per Share
35.024
Quarterly Revenue Growth
0.081
The market value of McDonalds is measured differently than its book value, which is the value of McDonalds that is recorded on the company's balance sheet. Investors also form their own opinion of McDonalds' value that differs from its market value or its book value, called intrinsic value, which is McDonalds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McDonalds' market value can be influenced by many factors that don't directly affect McDonalds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McDonalds' value and its price as these two are different measures arrived at by different means. Investors typically determine if McDonalds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McDonalds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.