McDonalds Corp (MCD) stock
MCDNYSERetail-Eating PlacesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 16/30100% below fair value
$273.63−1.17 (-0.43%)
Close on Nov 12, 2026Market cap $193.63BP/E –Yield 2.62%
McDonalds profit margin
Profit margin (net margin) is net income as a percentage of revenue.
McDonalds's profit margin for the twelve months ending Sep 30, 2026 was 32.4%. For fiscal 2025 it was 31.9%, against 31.7% the year before. The highest annual figure on record is 33.2% in fiscal 2023.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 31.9% | +0.1 |
| FY2024 | Dec 31, 2024 | 31.7% | −1.5 |
| FY2023 | Dec 31, 2023 | 33.2% | +6.6 |
| FY2022 | Dec 31, 2022 | 26.6% | −5.8 |
| FY2021 | Dec 31, 2021 | 32.5% | +7.9 |
| FY2020 | Dec 31, 2020 | 24.6% | −3.6 |
| FY2019 | Dec 31, 2019 | 28.2% | +0.3 |
| FY2018 | Dec 31, 2018 | 27.9% | +5.1 |
| FY2017 | Dec 31, 2017 | 22.8% | +3.7 |
| FY2016 | Dec 31, 2016 | 19.0% | +1.2 |
| FY2015 | Dec 31, 2015 | 17.8% | +0.5 |
| FY2014 | Dec 31, 2014 | 17.3% | −2.5 |
| FY2013 | Dec 31, 2013 | 19.9% | +0.1 |
| FY2012 | Dec 31, 2012 | 19.8% | −0.6 |
| FY2011 | Dec 31, 2011 | 20.4% | −0.2 |
| FY2010 | Dec 31, 2010 | 20.5% | +0.5 |
| FY2009 | Dec 31, 2009 | 20.0% | +1.7 |
| FY2008 | Dec 31, 2008 | 18.3% | +7.8 |
| FY2007 | Dec 31, 2007 | 10.5% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 34.7% | +2.6 |
| Q2 FY2026 | Jun 30, 2026 | 33.3% | +0.3 |
| Q1 FY2026 | Mar 31, 2026 | 30.4% | −0.9 |
| Q4 FY2025 | Dec 31, 2025 | 30.9% | −0.7 |
| Q3 FY2025 | Sep 30, 2025 | 32.2% | −0.6 |
| Q2 FY2025 | Jun 30, 2025 | 32.9% | +1.8 |
| Q1 FY2025 | Mar 31, 2025 | 31.4% | +0.1 |
| Q4 FY2024 | Dec 31, 2024 | 31.6% | −0.3 |
| Q3 FY2024 | Sep 30, 2024 | 32.8% | −1.8 |
| Q2 FY2024 | Jun 30, 2024 | 31.2% | −4.4 |
| Q1 FY2024 | Mar 31, 2024 | 31.3% | +0.7 |
| Q4 FY2023 | Dec 31, 2023 | 31.8% | −0.3 |
| Q3 FY2023 | Sep 30, 2023 | 34.6% | +0.9 |
| Q2 FY2023 | Jun 30, 2023 | 35.5% | +14.8 |
| Q1 FY2023 | Mar 31, 2023 | 30.6% | +11.1 |
| Q4 FY2022 | Dec 31, 2022 | 32.1% | +4.8 |
| Q3 FY2022 | Sep 30, 2022 | 33.7% | −0.9 |
| Q2 FY2022 | Jun 30, 2022 | 20.8% | −16.9 |
| Q1 FY2022 | Mar 31, 2022 | 19.5% | −10.5 |
| Q4 FY2021 | Dec 31, 2021 | 27.3% | +1.4 |
| Q3 FY2021 | Sep 30, 2021 | 34.7% | +2.1 |
| Q2 FY2021 | Jun 30, 2021 | 37.7% | +24.8 |
| Q1 FY2021 | Mar 31, 2021 | 30.0% | +6.5 |
| Q4 FY2020 | Dec 31, 2020 | 25.9% | −3.5 |
| Q3 FY2020 | Sep 30, 2020 | 32.5% | +3.3 |
| Q2 FY2020 | Jun 30, 2020 | 12.9% | −15.2 |
| Q1 FY2020 | Mar 31, 2020 | 23.5% | −3.0 |
| Q4 FY2019 | Dec 31, 2019 | 29.4% | +2.0 |
| Q3 FY2019 | Sep 30, 2019 | 29.2% | −1.3 |
| Q2 FY2019 | Jun 30, 2019 | 28.0% | +0.1 |
| Q1 FY2019 | Mar 31, 2019 | 26.4% | −0.3 |
| Q4 FY2018 | Dec 31, 2018 | 27.4% | +14.3 |
| Q3 FY2018 | Sep 30, 2018 | 30.5% | −2.2 |
| Q2 FY2018 | Jun 30, 2018 | 27.9% | +4.9 |
| Q1 FY2018 | Mar 31, 2018 | 26.8% | +5.4 |
| Q4 FY2017 | Dec 31, 2017 | 13.1% | −6.7 |
| Q3 FY2017 | Sep 30, 2017 | 32.7% | – |
| Q2 FY2017 | Jun 30, 2017 | 23.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 21.4% | – |
| Q4 FY2016 | Dec 31, 2016 | 19.8% | – |
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