McDonald's Revenue 2010-2023 | MCD (2024)

FAQs

How much revenue does McDonald's make? ›

McDonald's generated a total revenue of 25.49 billion U.S. dollars in 2023. In that year, when looking at McDonald's revenue by region, the country that generated the highest portion of revenue was the United States - accounting for 10.38 billion U.S. dollars.

McDonald's reported first-quarter net income of $1.93 billion, or $2.66 per share, up from $1.8 billion, or $2.45 per share, a year earlier. The company recorded a pretax charge of $35 million tied to its reorganization, which was announced more than a year ago.

McDonald's has reported a 12% decrease in net income for the second quarter of 2024, with figures falling to $2.02bn from the $2.31bn recorded in the same quarter of the previous year. This decline is mirrored in the company's diluted earnings per share, which dropped by $0.35 to $2.80 - an 11% decrease.

McDonald's Financial Overview

McDonald's's market cap is currently ―. The company's EPS TTM is $11.772; its P/E ratio is 21.41; and it has a dividend yield of 2.59%. McDonald's is scheduled to report earnings on July 28, 2024, and the estimated EPS forecast is $3.07.

| Photo courtesy of McDonald's. Chris Kempczinski got a raise before he got a new title. The CEO and now chairman of McDonald's was paid $19.2 million last year in salary, bonuses and stock, according to federal securities filings. That was an 8% increase over 2022.

Dive Brief: McDonald's posted a 1% decline in global comparable sales for Q2 2024 compared to an 11.7% increase in the year-ago quarter, the company said in a Monday press release. U.S. comps were down 0.7% compared to an increase of 10.3% in the prior year's period.

In 2023, Starbucks, the renowned coffee shop company, had the highest sales of any food and drink services company in the world. Comparatively, McDonald's secured fourth place, with sales of approximately 10.6 billion U.S. dollars less than Starbucks.

The fast-food giant's Chief Financial Officer, Ian Borden, announced that, within hours, the boycott campaign had resulted in financial losses of approximately $7 billion.

Besides the drop in traffic fueled by higher prices, the company cited an overall slowdown in the quick-service restaurant sector in many of its markets, a lagging economic recovery in China, weakness in France and the war in the Middle East as factors behind the second-quarter slump.

McDonald announced a drop in sales for the first time since 2020, when restaurants closed because of the pandemic. This time, it's because of inflation.

What is the failure rate of Mcdonalds? ›

However, a record 1,750 US restaurants changed hands in 2021 and the number of US outlets continues to shrink even as the company grows in international markets. However, some sources give a failure rate of less than 0.5%, which is very low.

McDonald's has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is.

McDonald's Investor Information and Resources

Traded publicly on the New York Stock Exchange (NYSE:MCD), McDonald's stock has a long history of steady growth and stability.

Fast food giant McDonald's recorded a revenue of approximately 10.38 billion U.S. dollars in the United States alone in 2023. Comparatively, international operated markets accounted for the highest amount of revenue, with 12.25 billion U.S. dollars.

McDonald's net income for the twelve months ending June 30, 2024 was $8.307B, a 3.88% increase year-over-year. McDonald's annual net income for 2023 was $8.469B, a 37.09% increase from 2022. McDonald's annual net income for 2022 was $6.177B, a 18.13% decline from 2021.

How much does one McDonalds make a day? It varies but usually $2000–25000 USD per day depending on the location and other factors. But this fluctuates on public holidays.

11.3 billion USD (2019)

Chick-fil-A / Revenue

McDonald's's gross profit margin for fiscal years ending December 2019 to 2023 averaged 54.3%. McDonald's's operated at median gross profit margin of 54.2% from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, McDonald's's gross profit margin peaked in December 2023 at 57.1%.