MCD

McDonald's Corporation

Consumer Cyclical Restaurants NYSE

About the company

McDonald's, a renowned fast-food chain, has solidified itself as the largest restaurant owner-operator globally. With a staggering system sales report of $116 billion in 2022 (based on estimations), the company's dominance in the industry cannot be denied. Operating across a vast network of over 40,000 stores spanning 115 markets, McDonald's has successfully established its brand presence worldwide. One of the key factors contributing to McDonald's success is the innovative franchise model that the company pioneered. By partnering with independent restaurant franchisees and master franchise partners, McDonald's has rapidly expanded its reach. This strategic approach has allowed the company to leverage the local expertise, entrepreneurial spirit, and investment of its partners to grow its network of restaurants. The financial backbone of McDonald's largely relies on franchise royalty fees and lease payments. Approximately 60% of the company's revenue stems from these fees, demonstrating the lucrative nature of its franchise system. The remaining revenue predominantly comes from the operation of company-owned stores, which can be found in three primary segments: the United States, internationally operated markets, and international developmental/licensed markets. In the United States, McDonald's holds a strong presence, with countless locations serving an assortment of mouthwatering items that have become iconic. From classics like the Big Mac and Chicken McNuggets to breakfast staples like the Egg McMuffin, McDonald's menu has evolved to cater to the diverse tastes of its American customer base. By offering a combination of value meals, limited-time promotions, and a wide range of menu options, McDonald's continues to capture the attention and loyalty of millions of Americans. Internationally, McDonald's has successfully adapted its menu to cater to different cultures and cuisines, ensuring that its offerings align with the preferences and tastes of each market. By embracing localization, the company effectively attracts customers across countries and continents. Whether it's a McLobster roll in Canada, a McVegan burger in Sweden, or a McSpicy Paneer sandwich in India, McDonald's showcases its versatility and commitment to meeting the needs of diverse global consumers. Moreover, McDonald's ongoing commitment to innovation is another key aspect of its continued success. The company consistently invests in technology and digital advancements to enhance the customer experience. For instance, McDonald's has implemented self-ordering kiosks and mobile ordering systems, allowing customers to streamline the process and customize their orders. Additionally, the introduction of delivery services and partnerships with third-party delivery platforms has further extended McDonald's reach and convenience for consumers. Furthermore, McDonald's has dedicated efforts to sustainability and social responsibility. With initiatives like environmentally friendly packaging, responsible sourcing of ingredients, and community involvement, the company aims to make a positive impact on both the planet and the communities it serves. These endeavors not only resonate with conscientious customers but also contribute to the overall reputation and goodwill of the brand. Looking forward, McDonald's remains committed to growth and expansion. The company continues to focus on optimizing its restaurant operations, investing in technology, and exploring new avenues of customer engagement. With a global network that spans continents and a menu that satisfies a plethora of cravings, McDonald's is poised to maintain its leading position in the industry while adapting to the ever-evolving preferences of consumers worldwide.

Website: https://www.mcdonalds.com

Data updated: April 30, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Consumer Cyclical · 618 peers in sector

Metric MCD Sector median Vs. industry
P/E 24.25 19.94 ↑ Above average
EPS 11.96 USD 0.16 USD ↑ Above average
Dividend yield 2.45% 2.03% ↑ Above average
Profit margin 31.85% 0.56% ↑ Above average
ROE 0.00% 0.00%

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is McDonald's Corporation?
McDonald's, a renowned fast-food chain, has solidified itself as the largest restaurant owner-operator globally. With a staggering system sales report of $116 billion in 2022 (based on estimations), the company's dominance in the industry cannot be denied. Operating across a vast network of over 40,000 stores spanning 115 markets, McDonald's has successfully established its brand presence worldwide. One of the key factors contributing to McDonald's success is the innovative franchise model that the company pioneered. By partnering with independent restaurant franchisees and master franchise partners, McDonald's has rapidly expanded its reach. This strategic approach has allowed the company to leverage the local expertise, entrepreneurial spirit, and investment of its partners to grow its network of restaurants. The financial backbone of McDonald's largely relies on franchise royalty fees and lease payments. Approximately 60% of the company's revenue stems from these fees, demonstrating the lucrative nature of its franchise system. The remaining revenue predominantly comes from the operation of company-owned stores, which can be found in three primary segments: the United States, internationally operated markets, and international developmental/licensed markets. In the United States, McDonald's holds a strong presence, with countless locations serving an assortment of mouthwatering items that have become iconic. From classics like the Big Mac and Chicken McNuggets to breakfast staples like the Egg McMuffin, McDonald's menu has evolved to cater to the diverse tastes of its American customer base. By offering a combination of value meals, limited-time promotions, and a wide range of menu options, McDonald's continues to capture the attention and loyalty of millions of Americans. Internationally, McDonald's has successfully adapted its menu to cater to different cultures and cuisines, ensuring that its offerings align with the preferences and tastes of each market. By embracing localization, the company effectively attracts customers across countries and continents. Whether it's a McLobster roll in Canada, a McVegan burger in Sweden, or a McSpicy Paneer sandwich in India, McDonald's showcases its versatility and commitment to meeting the needs of diverse global consumers. Moreover, McDonald's ongoing commitment to innovation is another key aspect of its continued success. The company consistently invests in technology and digital advancements to enhance the customer experience. For instance, McDonald's has implemented self-ordering kiosks and mobile ordering systems, allowing customers to streamline the process and customize their orders. Additionally, the introduction of delivery services and partnerships with third-party delivery platforms has further extended McDonald's reach and convenience for consumers. Furthermore, McDonald's has dedicated efforts to sustainability and social responsibility. With initiatives like environmentally friendly packaging, responsible sourcing of ingredients, and community involvement, the company aims to make a positive impact on both the planet and the communities it serves. These endeavors not only resonate with conscientious customers but also contribute to the overall reputation and goodwill of the brand. Looking forward, McDonald's remains committed to growth and expansion. The company continues to focus on optimizing its restaurant operations, investing in technology, and exploring new avenues of customer engagement. With a global network that spans continents and a menu that satisfies a plethora of cravings, McDonald's is poised to maintain its leading position in the industry while adapting to the ever-evolving preferences of consumers worldwide.
Are McDonald's Corporation shares expensive?
The price-to-earnings (P/E) ratio of McDonald's Corporation is 24.25 — the share price is 24.25 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 19.94). This is information, not a recommendation.
How big is McDonald's Corporation?
The market capitalization of McDonald's Corporation — the combined value of all its shares — is 206.20 B USD. The higher the market cap, the larger the company.
Does McDonald's Corporation pay dividends?
The dividend yield of McDonald's Corporation is 2.45% — it shows the annual dividend relative to the share price. This is information, not a recommendation.
What sector does McDonald's Corporation belong to?
McDonald's Corporation operates in the Consumer Cyclical sector, industry: Restaurants.

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