McDonald's has been growing earnings at an average annual rate of 7%, while the Hospitality industry saw earnings growing at 41% annually. Revenues have been growing at an average rate of 4.7% per year.
Key information
6.96%
Earnings growth rate
8.03%
EPS growth rate
Hospitality Industry Growth
28.09%
Revenue growth rate
4.70%
Return on equity
n/a
Net Margin
31.62%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How McDonald's makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
BIT:1MCD Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
27,446
8,678
2,656
0
31 Dec 25
26,885
8,563
2,583
0
30 Sep 25
26,264
8,415
2,498
0
30 Jun 25
26,060
8,393
2,370
0
31 Mar 25
25,707
8,162
2,365
0
31 Dec 24
25,920
8,223
2,412
0
30 Sep 24
25,939
8,246
2,479
0
30 Jun 24
25,758
8,307
2,526
0
31 Mar 24
25,765
8,596
2,504
0
31 Dec 23
25,494
8,469
2,435
0
30 Sep 23
25,014
8,333
2,424
0
30 Jun 23
24,194
7,998
2,418
0
31 Mar 23
23,415
6,875
2,461
0
31 Dec 22
23,183
6,177
2,492
0
30 Sep 22
23,265
5,913
2,527
0
30 Jun 22
23,594
6,081
2,511
0
31 Mar 22
23,764
7,112
2,472
0
31 Dec 21
23,223
7,545
2,378
0
30 Sep 21
22,528
7,284
2,320
0
30 Jun 21
21,744
6,896
2,216
0
31 Mar 21
19,618
5,161
2,219
0
31 Dec 20
19,208
4,731
2,245
0
30 Sep 20
19,322
4,926
2,132
0
30 Jun 20
19,406
4,771
2,152
0
31 Mar 20
21,055
5,804
2,046
0
31 Dec 19
21,364
6,025
1,967
0
30 Sep 19
21,099
5,869
1,992
0
30 Jun 19
20,966
5,898
2,033
0
31 Mar 19
20,910
5,877
2,105
0
31 Dec 18
21,258
5,924
1,985
0
30 Sep 18
21,202
5,208
2,208
0
30 Jun 18
21,588
5,454
2,260
0
31 Mar 18
22,283
5,353
2,243
0
31 Dec 17
22,820
5,192
2,231
0
30 Sep 17
23,509
5,687
2,241
0
30 Jun 17
24,179
5,079
2,257
0
31 Mar 17
24,394
4,777
2,328
0
31 Dec 16
24,622
4,687
2,385
0
30 Sep 16
24,934
4,699
2,432
0
30 Jun 16
25,125
4,733
2,433
0
31 Mar 16
25,358
4,843
2,430
0
31 Dec 15
25,413
4,529
2,434
0
30 Sep 15
25,644
4,421
2,422
0
30 Jun 15
26,016
4,180
2,414
0
Quality Earnings: 1MCD has high quality earnings.
Growing Profit Margin: 1MCD's current net profit margins (31.6%) are lower than last year (31.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1MCD's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: 1MCD's earnings growth over the past year (6.3%) is below its 5-year average (7% per year).
Earnings vs Industry: 1MCD earnings growth over the past year (6.3%) did not outperform the Hospitality industry 10.8%.
Return on Equity
High ROE: 1MCD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/10 15:08
End of Day Share Price
2026/06/10 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.
Analysis Model and Snowflake
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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 60 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.