MCD · XBRL financial data

McDONALD'S financial statements, every fiscal year

The same tables from 9 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (MCD's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	19,208	23,223	23,183	25,494	25,920	26,885
Selling, general and administrative	—	—	2,863	2,817	2,858	3,039
Other operating income (expense)	118	483	(974)	(99)	(139)	(2)
Operating income (loss)	7,324	10,356	9,371	11,647	11,712	12,393
Interest expense	1,218	1,186	1,207	1,361	1,506	1,582
Income tax expense (benefit)	1,410	1,583	1,648	2,053	2,121	2,334
Net income (loss)	4,731	7,545	6,177	8,469	8,223	8,563
Earnings per share, basic USD per share	6.35	10.11	8.39	11.63	11.45	12.00
Earnings per share, diluted USD per share	6.31	10.04	8.33	11.56	11.39	11.95
Weighted average shares, basic millions of shares	745	746	737	0	0	0
Weighted average shares, diluted millions of shares	750	752	741	0	0	0

Fiscal years (MCD's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	3,449	4,709	2,584	4,579	1,085	774
Inventory	51	56	52	53	56	61
Prepaid and other current assets	633	511	673	866	1,074	863
Total current assets	6,243	7,149	5,424	7,986	4,599	4,163
Property and equipment, net	24,958	24,721	23,774	24,908	25,295	28,241
Right-of-use asset	13,828	13,552	12,566	13,514	13,339	14,606
Goodwill	2,773	2,783	2,900	3,040	3,145	3,354
Total assets	52,627	53,854	50,436	56,147	55,182	59,515
Accounts payable	741	1,007	980	1,103	1,029	1,149
Commercial paper	—	—	—	348	790	798
Current portion of long-term debt	2,244	0	—	—	—	725
Total current liabilities	6,181	4,020	3,802	6,859	3,861	4,361
Long-term debt	35,197	35,623	35,904	37,153	38,424	39,973
Lease liability, non-current	13,321	13,021	12,134	13,058	12,888	14,147
Retained earnings	53,908	57,535	59,544	63,480	66,834	70,282
Total stockholders' equity	(7,825)	(4,601)	(6,003)	(4,707)	(3,797)	(1,791)
Total liabilities and equity	52,627	53,854	50,436	56,147	55,182	59,515
Common shares outstanding (cover page) millions of shares	746	744	731	722	714	710

Fiscal years (MCD's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	4,731	7,545	6,177	8,469	8,223	8,563
Stock-based compensation	92	139	167	175	172	165
Depreciation and amortization	301	330	370	382	447	457
Net cash from operating activities	6,265	9,142	7,387	9,612	9,447	10,551
Purchases of property and equipment	1,641	2,040	1,899	2,357	2,775	3,365
Net cash from investing activities	(1,546)	(2,166)	(2,678)	(3,185)	(5,346)	(3,822)
Share repurchases	908	846	3,896	3,054	2,824	2,056
Dividends paid	3,753	3,919	4,168	4,533	4,870	5,115
Proceeds from long-term debt	5,543	1,154	3,375	5,221	2,380	4,724
Repayments of long-term debt	2,412	2,240	2,202	2,441	2,777	4,802
Net cash from financing activities	(2,249)	(5,596)	(6,580)	(4,374)	(7,495)	(7,125)
Net change in cash	2,551	1,260	(2,125)	1,996	(3,494)	(311)

SIC 5812 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 5812 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
McDonald's	822	7,099	2,807	707.6M	Q2 FY26 10-QJun 30, 2026
Starbucks	3,450	9,323	1,642*	1.1B	Q3 FY26 10-QJun 28, 2026
Restaurant Brands International Limited Partnership	974	2,525	551*	not reported	Q3 FY26 10-QSep 30, 2026
Chipotle Mexican Grill	634	3,293	590*	1.3B	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.