Reading the tape
NYSE: MCD
McDonald's Corporation
Consumer Cyclical · Restaurants
Market Cap
$202.44B
52w High
$341.75
52w Low
$283.02
P/E
23.75
Volume
1.32M
Outstanding Shares
710.83M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -9.79%Revenue (TTM): 3.72%FCF (TTM): 7.74%P/FCF: 28th pct
What changed
The stock fell 9.79% over the last year. Revenue grew 3.72% over the trailing twelve months. Operating margin moved from 45.18% to 46.1%. Free cash flow grew 7.74% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 46.1%. A decisive move in revenue — currently up 3.72% — would be the clearest signal to resolve the ambiguity.
Company profile
McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally.
CEOChristopher J. Kempczinski
SectorConsumer Cyclical
IndustryRestaurants
Employees150,000
IPO dateApr 21, 1965
Valuation
Forward P/E—
EV/EBITDA18.59
Enterprise value$272.08B
Stock splits
Mar 8, 1999↑ Forward
Every 1 shares became 2
Jun 27, 1994↑ Forward
Every 1 shares became 2
Jun 19, 1989↑ Forward
Every 1 shares became 2
Jun 23, 1987↑ Forward
Every 2 shares became 3
Jun 26, 1986↑ Forward
Every 2 shares became 3
Sep 25, 1984↑ Forward
Every 2 shares became 3
Oct 7, 1982↑ Forward
Every 2 shares became 3
Jun 6, 1972↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth9.72%
Gross margin57.41%▲1.16%vs FY2024
Operating margin46.1%▲2.02%vs FY2024
ROE-478.38%▼120.84%vs FY2024
Analyst consensus
RatingBuy
Target price$352.25▲23.69%
36
Buy
25
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $2.75 · Revenue est $6.47B
View
Dividends
$7.26/shareQuarterlyDividend Aristocrat · 36yrAdequateMCD pays a dividend with a 2.55% dividend yield, 36 consecutive years of growth, growing at 7.3% annually, covered 1.4× by free cash flow.
Dividend Yield
2.55%
Annual Div / Share
$7.26
5yr CAGR
+7.3%
Doubles every ~9.8yr
Payout Ratio
59.75%
Adequate
Dividend Growth Rate
3yr CAGR
+8.2%
5yr CAGR
+7.3%
10yr CAGR
+7.62%
Dividend Safety
6/10Adequate
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$7.17+5.8%
2024$6.78+8.8%
2023$6.23+10.1%
2022$5.66+7.8%
2021$5.25+4.2%
2020$5.04+6.6%
2019$4.73+12.9%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$25/yr
$2/mo
In 5 yrs
$36/yr+42%
$3/mo
In 10 yrs
$52/yr+102%
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$25/yr $2/mo | $36/yr+42% $3/mo | $52/yr+102% $4/mo |
Yield-on-cost grows from 2.55% → 5.16% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
MCD has raised its dividend for 36 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 7.3% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.
Congressional Activity
Congress Trades in MCD
STOCK Act disclosures from senators and representatives.
Jared Moskowitz
FLhouseDemocratPurchase2026-03-31$1,001 - $15,000+31d to disclose
Ro Khanna
CAhouseDemocratPurchase2026-03-30$15,001 - $50,000+10d to disclose
Sheldon Whitehouse
RIsenateDemocratSale (Full)Spouse2026-01-09$15,001 - $50,000+25d to discloseSheldon Whitehouse
RIsenateDemocratSaleSpouse2026-01-09$15,001 - $50,000+26d to disclose