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McDonald's CorporationNYSE:MCD Stock Report

Market Cap US$203.8b
Share Price
US$286.64
US$345
16.9% undervalued intrinsic discount
1Y-9.2%
7D-1.2%
Portfolio Value
View

McDonald's Corporation

NYSE:MCD Stock Report

Market Cap: US$203.8b

McDonald's (MCD) Stock Overview

Owns, operates, and franchises restaurants under the McDonald’s brand in the United States and internationally. More details

MCD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health2/6
Dividends5/6

MCD Community Fair Values

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McDonald's Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for McDonald's
Historical stock prices
Current Share PriceUS$286.64
52 Week HighUS$341.75
52 Week LowUS$283.47
Beta0.53
1 Month Change-6.67%
3 Month Change-10.28%
1 Year Change-9.21%
3 Year Change-3.39%
5 Year Change20.89%
Change since IPO163,790.75%

Recent News & Updates

Recent updates

McDonald's: Value Strategy Holds, But Not A Q1 Catalyst

Apr 29

MCD: Value Menu Reset Will Support Digital And Franchise Model Upside

McDonald's updated analyst price target edges up by about $0.15 to $345.00 as analysts factor in slightly higher profit margin expectations and a modestly adjusted discount rate, following a wave of recent upgrades and target revisions across the Street. Analyst Commentary Street research on McDonald's has been active, with a cluster of target changes and rating moves pointing to a mixed but generally constructive debate around valuation, earnings quality, and the pace of future growth.

MCD: Value Menu Repositioning Will Support Digital And Franchise Model Breakout

McDonald's updated analyst price target edges slightly lower to about $344.85 from $345.21. Analysts point to a modestly higher discount rate and slightly softer profit margin assumptions, while continuing to highlight the brand's global reach, digital investments, and franchise model in recent research.

MCD: Value Menu Repositioning And Digital Efficiencies Are Expected To Support Breakout

McDonald's Analyst Price Target has been nudged higher to $345.21 from $344.09 as analysts point to the company's powerful global brand, rapid unit expansion, digital and AI-driven efficiencies, and an asset light franchise model as key supports for its updated valuation. Analyst Commentary Recent research on McDonald's has been skewed toward higher price targets and rating upgrades, with several banks citing brand strength, digital investments, and the franchise model as key supports for the current valuation reset.

McDonald’s (MCD): The "Digital Golden Arches" and the Pivot to Value

McDonald’s Corporation (MCD) is trading at $308.52 USD on the NYSE as of March 23, 2026, down slightly by 0.14% in today’s session. The stock is currently navigating a period of consolidation after reaching a 52-week high of $341.75 earlier this year.

MCD: Value Repositioning And Digital Efficiencies Are Expected To Support Breakout Potential

Analysts have nudged our McDonald's fair value estimate higher from $341.28 to $344.09. This reflects their higher Street price targets that point to the brand's global reach, franchise model, operational efficiencies, and steady U.S. business momentum.

MCD: Value And Digital Execution Are Expected To Support Breakout Setup

Narrative Update McDonald's fair value estimate edges up by about $2 to $341.28 as analysts lift price targets across the stock. They cite what they see as higher quality growth, strong profitability and benefits from digital investments, marketing and value initiatives into 2026.

MCD: Value Positioning And Brand Repositioning Are Expected To Support Breakout Potential

Analysts have nudged their McDonald's price target higher to about $339 from $331, citing modestly stronger revenue growth assumptions, a slightly lower discount rate, and only small tweaks to long term profit margin and future P/E expectations. Analyst Commentary Recent research on McDonald's has been active, with several price target revisions and rating changes clustered around a similar thesis.

MCD: Value Strategy And Cost Tailwinds Will Balance Consumer Traffic Risks

Analysts have nudged their price target on McDonald's slightly higher to $331.20. This reflects modest improvements in projected revenue growth and profit margins, even as they remain cautious about the company's value focus amid ongoing pressure on lower income consumers.

MCD: Value Promotions And Remodels Will Balance Consumer And Margin Pressures

Analysts have trimmed their McDonald's fair value estimate slightly, lowering the target by about $0.30 to roughly $331. This reflects modestly softer long term revenue growth assumptions and a higher discount rate, which offset a small improvement in projected profit margins and still robust expectations for value driven traffic and potential multiple expansion.

MCD: Value Initiatives And Consumer Headwinds Will Shape Market Share Performance

McDonald's analyst fair value estimate was nudged higher to $331.53 from $330.87, as analysts point to ongoing value initiatives and expectations for store growth and market share gains, which support the updated outlook. Analyst Commentary Recent analyst notes on McDonald's highlight a mix of optimism about the company’s value initiatives and store growth, while also flagging continued caution regarding consumer trends and traffic drivers.

MCD: Value Focus And Consumer Trends Will Shape Performance Amid Mixed Signals

McDonald's analyst price target edged slightly lower to $330.87 from $331.14, a modest adjustment reflecting analysts' cautious outlook over mixed consumer traffic trends and evolving value strategies, while balancing these factors against resilient revenue growth forecasts. Analyst Commentary Recent Street research on McDonald's reflects a broad mix of optimism and caution, with price targets being adjusted in response to changing consumer dynamics and evolving company strategies.

Future Performance Will Rely On Value Positioning And Digital Expansion

Analysts have slightly lowered their fair value price target for McDonald's to $331.14 from $331.52. They cite continued caution around consumer spending and uncertainty over the impact of value-focused initiatives on traffic and margins.

International Expansion And Digital Commerce Will Shape Future Success

Analysts have modestly reduced their fair value estimate for McDonald's to $331.52, a decrease of about $4. This adjustment reflects cautious outlooks on the company's value-driven strategy and continued pressure on lower-income consumer spending.

International Expansion And Digital Commerce Will Shape Future Success

Analysts remain divided on the benefits and risks of McDonald's value initiatives amid a challenging competitive landscape and cautious U.S. consumer outlook, with the consensus price target unchanged at $334.85. Analyst Commentary Bullish analysts highlight McDonald's scale, marketing power, and digital leadership as key advantages in navigating consumer uncertainty and driving share gains, especially through new products and targeted promotions.

A Look At The Intrinsic Value Of McDonald's Corporation (NYSE:MCD)

Jul 15
A Look At The Intrinsic Value Of McDonald's Corporation (NYSE:MCD)

McDonald's (NYSE:MCD) Is Very Good At Capital Allocation

Jun 27
McDonald's (NYSE:MCD) Is Very Good At Capital Allocation

McDonald's: Steady Fundamentals, Cloudy Future Of Tariffs

Apr 28

McDonald's Golden Arches In Danger -- Numerous Headwinds Ahead

Apr 18

McDonald's: Value Menu, Digital Focus To Sustain Competitive Advantage, Upgrade To Buy

Mar 18

Wall Street Lunch: McDonald's Will Digest High Egg Prices

Feb 26

McDonald's: Not Finding Compelling McValue Here

Feb 12

McDonald's Committed To Winning The Value Battle (Q4 Earnings Preview)

Jan 28

McDonald's: Value, Innovation, And Operational Excellence To Support Revenue Expansion And Margin Improvements

Jan 07

McDonald's: Investors Will Get A Lot Of Stomach Pain Here

Dec 06

McDonald's Stalled SSS Can't Be Stopped By 'McRib' And 'McValue'

Nov 24

McDonald's: A Mixed Performance Over The Past Few Months

Nov 05

McDonald's: E. Coli Is Not A Nothingburger, But There Is More To This Correction

Oct 27

McDonald's: $5 Meal Deals Not Enough To Convince Discerning Customers

Oct 21

Wall Street Lunch: McDonald's Starts A Beef

Oct 08

McDonald's: Shares Getting Closer To The Tipping Point (Downgrade)

Sep 19

Shareholder Returns

MCDUS HospitalityUS Market
7D-1.2%0.4%0.9%
1Y-9.2%1.8%28.2%

Return vs Industry: MCD underperformed the US Hospitality industry which returned 1.8% over the past year.

Return vs Market: MCD underperformed the US Market which returned 28.2% over the past year.

Price Volatility

Is MCD's price volatile compared to industry and market?
MCD volatility
MCD Average Weekly Movement2.6%
Hospitality Industry Average Movement7.5%
Market Average Movement7.1%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: MCD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MCD's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1940150,000Chris Kempczinskiwww.mcdonalds.com

McDonald's Corporation owns, operates, and franchises restaurants under the McDonald’s brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, frozen desserts, sundaes, soft serve cones, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates franchised restaurants under various structures, including conventional franchise, developmental license, or affiliate.

McDonald's Corporation Fundamentals Summary

How do McDonald's's earnings and revenue compare to its market cap?
MCD fundamental statistics
Market capUS$203.75b
Earnings (TTM)US$8.56b
Revenue (TTM)US$26.89b
23.8x
P/E Ratio
7.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCD income statement (TTM)
RevenueUS$26.89b
Cost of RevenueUS$11.45b
Gross ProfitUS$15.43b
Other ExpensesUS$6.87b
EarningsUS$8.56b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 07, 2026

Earnings per share (EPS)12.05
Gross Margin57.41%
Net Profit Margin31.85%
Debt/Equity Ratio-2,232.8%

How did MCD perform over the long term?

See historical performance and comparison

Dividends

2.6%
Current Dividend Yield
60%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 16:50
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

McDonald's Corporation is covered by 62 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim MarroneAccountability Research Corporation
John StaszakArgus Research Company
David TarantinoBaird