McDonald's is forecast to grow earnings and revenue by 6.7% and 5% per annum respectively. EPS is expected to grow by 7.7% per annum. Return on equity is forecast to be 426.8% in 3 years.
Key information
6.7%
Earnings growth rate
7.69%
EPS growth rate
Hospitality earnings growth
18.1%
Revenue growth rate
5.0%
Future return on equity
426.81%
Analyst coverage
Good
Last updated
09 May 2026
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
TSX:MCDS - Analysts future estimates and past financials data (USD Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
31,710
10,461
9,662
12,943
15
12/31/2027
30,184
9,954
8,679
12,394
33
12/31/2026
28,511
9,184
7,622
12,022
32
3/31/2026
27,446
8,678
7,039
10,535
N/A
12/31/2025
26,885
8,563
7,186
10,551
N/A
9/30/2025
26,264
8,415
7,372
10,485
N/A
6/30/2025
26,060
8,393
6,898
9,794
N/A
3/31/2025
25,707
8,162
6,706
9,485
N/A
12/31/2024
25,920
8,223
6,672
9,447
N/A
9/30/2024
25,939
8,246
6,580
9,305
N/A
6/30/2024
25,758
8,307
7,096
9,597
N/A
3/31/2024
25,765
8,596
7,181
9,582
N/A
12/31/2023
25,494
8,469
7,255
9,612
N/A
9/30/2023
25,014
8,333
7,196
9,324
N/A
6/30/2023
24,194
7,998
6,639
8,729
N/A
3/31/2023
23,415
6,875
5,672
7,673
N/A
12/31/2022
23,183
6,177
5,488
7,387
N/A
9/30/2022
23,265
5,913
5,794
7,852
N/A
6/30/2022
23,594
6,081
6,008
8,036
N/A
3/31/2022
23,764
7,112
7,078
9,151
N/A
12/31/2021
23,223
7,545
7,102
9,142
N/A
9/30/2021
22,528
7,284
6,652
8,468
N/A
6/30/2021
21,744
6,896
7,085
8,790
N/A
3/31/2021
19,618
5,161
5,316
6,843
N/A
12/31/2020
19,208
4,731
4,624
6,265
N/A
9/30/2020
19,322
4,926
4,252
6,162
N/A
6/30/2020
19,406
4,771
3,441
5,509
N/A
3/31/2020
21,055
5,804
5,287
7,648
N/A
12/31/2019
21,364
6,025
N/A
8,122
N/A
9/30/2019
21,099
5,869
N/A
7,744
N/A
6/30/2019
20,966
5,898
N/A
7,929
N/A
3/31/2019
20,910
5,877
N/A
7,342
N/A
12/31/2018
21,258
5,924
N/A
6,967
N/A
9/30/2018
21,202
5,208
N/A
6,564
N/A
6/30/2018
21,588
5,454
N/A
5,778
N/A
3/31/2018
22,283
5,353
N/A
5,652
N/A
12/31/2017
22,820
5,192
N/A
5,551
N/A
9/30/2017
23,509
5,687
N/A
5,257
N/A
6/30/2017
24,179
5,079
N/A
5,823
N/A
3/31/2017
24,394
4,777
N/A
5,858
N/A
12/31/2016
24,622
4,687
N/A
6,060
N/A
9/30/2016
24,934
4,699
N/A
6,623
N/A
6/30/2016
25,125
4,733
N/A
6,320
N/A
3/31/2016
25,358
4,843
N/A
6,585
N/A
12/31/2015
25,413
4,529
N/A
6,539
N/A
9/30/2015
25,644
4,421
N/A
6,664
N/A
6/30/2015
26,016
4,180
N/A
6,549
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCDS's forecast earnings growth (6.7% per year) is above the savings rate (3%).
Earnings vs Market: MCDS's earnings (6.7% per year) are forecast to grow slower than the Canadian market (11% per year).
High Growth Earnings: MCDS's earnings are forecast to grow, but not significantly.
Revenue vs Market: MCDS's revenue (5% per year) is forecast to grow faster than the Canadian market (4.8% per year).
High Growth Revenue: MCDS's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MCDS's Return on Equity is forecast to be very high in 3 years time (426.8%).
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/11 17:54
End of Day Share Price
2026/05/08 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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.
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Industry and Sector Metrics
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Analyst Sources
McDonald's Corporation is covered by 63 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.