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    McDonald’s Corporation (MCD)

    Official site

    CONSUMER CYCLICAL • RESTAURANTS • NYSE

    $242.52
    +4.21 (+1.77%)

    Market Cap: $168.64B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    72%(28/39)
    Avg Surprise
    +2.91%
    Streak
    3 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$3.38
    Range$3.23 - $3.50
    27 analysts
    EPS Revisions
    1
    0
    7d
    1
    12
    30d
    EPS Estimate DriftChange to current
    90d ago$3.45-1.9%
    60d ago$3.40-0.4%
    30d ago$3.40-0.5%
    7d ago$3.38+0.0%
    Current$3.38
    Revenue Consensus
    $7.3B
    Range$7.0B - $7.4B
    26 analysts
    Period ending Dec 31, 2026
    EPS Consensus$3.44
    Range$3.18 - $3.78
    32 analysts
    Revenue Consensus
    $7.3B
    Range$6.5B - $7.6B
    31 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$3.44---
    Sep 26EST
    -$3.38---
    Jun 26
    Reported Aug 4
    $3.38$3.32+1.81%Beat+6.0%
    Mar 26
    Reported May 7
    $2.83$2.74+3.28%Beat+6.0%
    Dec 25
    Reported Feb 11
    $3.12$3.05+2.30%Beat+10.2%
    Sep 25
    Reported Nov 5
    $3.22$3.35-3.88%Miss-0.3%
    Jun 25
    Reported Aug 6
    $3.19$3.15+1.27%Beat+7.4%
    Mar 25
    Reported May 1
    $2.67$2.67+0.00%Beat-1.1%
    Dec 24
    Reported Feb 10
    $2.83$2.86-1.05%Miss-4.1%
    Sep 24
    Reported Oct 29
    $3.23$3.20+0.94%Beat+1.3%
    Jun 24
    Reported Jul 29
    $2.97$3.07-3.26%Miss-6.3%
    Mar 24
    Reported Apr 30
    $2.70$2.73-1.10%Miss+2.7%
    Dec 23
    Reported Feb 5
    $2.95$2.83+4.24%Beat+13.9%
    Sep 23
    Reported Oct 30
    $3.19$2.99+6.69%Beat+19.0%
    Jun 23
    Reported Jul 27
    $3.17$2.79+13.62%Beat+24.3%
    Mar 23
    Reported Apr 25
    $2.63$2.34+12.39%Beat+15.4%
    Dec 22
    Reported Jan 31
    $2.59$2.46+5.28%Beat+16.1%
    Sep 22
    Reported Oct 27
    $2.68$2.58+3.88%Beat-2.9%
    Jun 22
    Reported Jul 26
    $2.55$2.47+3.24%Beat+7.6%
    Mar 22
    Reported Apr 28
    $2.28$2.18+4.59%Beat+18.7%
    Dec 21
    Reported Jan 27
    $2.23$2.34-4.70%Miss+31.2%
    Sep 21
    Reported Oct 27
    $2.76$2.47+11.74%Beat+24.3%
    Jun 21
    Reported Jul 28
    $2.37$2.12+11.79%Beat+259.1%
    Mar 21
    Reported Apr 29
    $1.92$1.82+5.49%Beat+30.6%
    Dec 20
    Reported Jan 28
    $1.70$1.78-4.49%Miss-13.7%
    Sep 20
    Reported Nov 9
    $2.22$1.90+16.84%Beat+5.2%
    Jun 20
    Reported Jul 28
    $0.66$0.75-12.00%Miss-67.8%
    Mar 20
    Reported Apr 30
    $1.47$1.54-4.55%Miss-14.5%
    Dec 19
    Reported Jan 29
    $1.97$1.97+0.00%Beat+0.0%
    Sep 19
    Reported Oct 22
    $2.11$2.21-4.52%Miss+0.5%
    Jun 19
    Reported Jul 26
    $2.05$2.05+0.00%Beat+3.0%
    Mar 19
    Reported Apr 30
    $1.72$1.76-2.27%Miss-3.9%
    Dec 18
    Reported Jan 30
    $1.97$1.89+4.23%Beat+15.2%
    Sep 18
    Reported Oct 23
    $2.10$1.99+5.53%Beat+19.3%
    Jun 18
    Reported Jul 26
    $1.99$1.93+3.11%Beat+15.0%
    Mar 18
    Reported Apr 30
    $1.79$1.67+7.19%Beat+21.8%
    Dec 17
    Reported Jan 30
    $1.71$1.59+7.55%Beat+19.6%
    Sep 17
    Reported Oct 24
    $1.76$1.77-0.56%Miss-
    Jun 17
    Reported Jul 25
    $1.73$1.62+6.79%Beat-
    Mar 17
    Reported Apr 25
    $1.47$1.33+10.53%Beat-
    Dec 16
    Reported Jan 23
    $1.43$1.41+1.42%Beat-

    Dividends

    Dividend Metrics

    Forward Yield3.07%
    Forward Annual Dividend$7.44
    Payout Ratio60.04%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+8.20%
    5Y CAGR+7.30%

    Key Metrics

    Valuation
    P/E Ratio19.32EV/EBITDA13.97x
    Price/FCF23.29xFCF Yield4.29%
    Profitability
    Profit Margin31.70%Operating Margin46.50%
    ROE0.00%ROIC25.96%
    Financial Health
    Debt/Equity-38.97xInterest Coverage7.90x
    Current Ratio1.08xQuick Ratio1.07x
    Trading Statistics
    Beta0.45Avg Volume6.64M
    52-Week High$335.1852-Week Low$229.20

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$235.27
    SMA 20$237.07
    SMA 50$252.44
    SMA 200$283.94
    EMA 10$237.08
    EMA 20$239.24
    EMA 50$248.93
    EMA 200$274.88

    MACD

    Line: -4.10Signal: -5.83Hist: 1.74

    ADX

    ADX: 45.5+DI: 22.9-DI: 25.8

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down68.0
    PSAR$231.41

    Bollinger Bands

    Upper Band$248.74
    Lower Band$225.39
    %B Position985%(Upper)
    Band Width0.73

    RSI (14-Day)

    Neutral
    51.5

    Momentum Oscillators

    Stoch %K77.2
    Stoch %D57.5
    Williams %R-18.0
    ROC (10d)4.6%
    Momentum10.69
    CCI (20d)84.5
    MFI (14d)55.8

    Volatility Measures

    ATR (14d)$4.49(1.9%)
    StdDev (20d)5.84
    Hist Vol23.0%(Moderate)

    Volume Flow

    VWAP$243.24
    OBV-71.9M
    AD Line-1.8B
    CMF (20d)-0.178

    Volume Metrics

    Avg Vol (20d)6.7M
    Vol Ratio1.0x
    VWMA (20d)$237.56

    Pivot Points

    R3$243.75
    R2$241.03
    R1$239.67
    Pivot Point$236.95
    S1$235.59
    S2$232.87
    S3$231.51

    Advanced Oscillators

    TSI-27.69
    Ultimate Osc57.3
    KST-79.45

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$7.10B$6.52B$7.01B$7.08B$6.84B$5.96B$6.39B$6.87B$6.49B$6.17B$6.41B$6.69B
    Cost of Revenue$2.82B$2.71B$-2,425,000,000$2.84B$2.73B$2.48B$-2,728,000,000$2.89B$2.70B$2.66B$-2,476,000,000$2.76B
    Gross Profit$4.28B$3.81B$9.43B$4.24B$4.11B$3.48B$9.12B$3.98B$3.79B$3.51B$8.88B$3.93B
    Operating Expenses$943.00M$856.00M$6.28B$883.00M$879.00M$815.00M$6.21B$790.00M$867.00M$806.00M$6.27B$724.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$869.00M$814.00M$6.15B$799.00M$744.00M$715.00M$6.10B$640.00M$659.00M$690.00M$5.96B$652.00M
    Operating Income$3.34B$2.95B$3.16B$3.36B$3.23B$2.65B$2.87B$3.19B$2.92B$2.74B$2.80B$3.21B
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$409.00M$400.00M$410.00M$406.00M$390.00M$376.00M$380.00M$381.00M$373.00M$372.00M$360.00M$341.00M
    Income Before Tax$2.94B$2.54B$2.76B$2.95B$2.86B$2.33B$2.54B$2.84B$2.56B$2.41B$2.51B$2.92B
    Income Tax Expense$574.00M$559.00M$594.00M$671.00M$608.00M$461.00M$521.00M$588.00M$533.00M$479.00M$476.00M$606.00M
    Net Income$2.36B$1.98B$2.16B$2.28B$2.25B$1.87B$2.02B$2.25B$2.02B$1.93B$2.04B$2.32B
    EBITDA$3.90B$3.51B$3.78B$3.92B$3.76B$3.11B$3.65B$3.68B$3.41B$3.20B$3.37B$3.76B
    EBIT$3.33B$2.94B$3.20B$3.36B$3.21B$2.59B$3.10B$3.15B$2.91B$2.69B$2.88B$3.26B
    * Some calculated fields are derived from available data when not provided by source

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    News

    MCD Valuation and Fair Value

    P/E
    19.3x
    Forward P/E
    17.1x
    EV/EBITDA
    14.0x
    P/FCF
    23.3x
    PEG
    2.1x
    P/B
    -168.3x
    See GNG's fair value

    MCD Profitability: Margins, ROIC and FCF

    Gross margin
    78.6%
    Operating margin
    46.5%
    Net margin
    31.7%
    ROIC
    26.0%
    ROE
    0.0%
    FCF margin
    26.7%
    FCF yield
    4.3%

    MCD Analyst Ratings

    Consensus
    Buy
    Analysts
    34
    Strong Buy
    4
    Buy
    15
    Hold
    14
    Sell
    1
    Strong Sell
    0

    MCD Bull Case vs Bear Case

    Bull case

    • MCD earns a 26.0% return on invested capital.
    • MCD converts 26.7% of revenue into free cash flow.
    • MCD has a 31.7% net profit margin.

    MCD Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    0.6%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $3.38
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 12 down

    MCD Dividend

    Forward yield
    3.1%
    Payout ratio
    60.0%
    3Y DPS growth
    8.2%
    5Y DPS growth
    7.3%
    Pay months
    Mar, Jun, Sep, Dec
    MCD dividend history

    Frequently Asked Questions About MCD

    What is MCD's current dividend yield?

    McDonald’s Corporation (MCD) has a forward dividend yield of 3.07%.

    Does MCD pay dividends?

    Yes, McDonald’s Corporation pays dividends with a forward dividend yield of 3.07%.

    What is MCD's P/E ratio?

    McDonald’s Corporation has a price-to-earnings (P/E) ratio of 19.32.

    What is MCD's market cap?

    McDonald’s Corporation (MCD) has a market capitalization of $168.64B with a current stock price of $242.52.

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