US · USD

MCD

McDonald’s Corporation

$231.83-0.92% (-$2.15)
Day's range
$230.88 – $234.97
Day's volume
$1.3B
52-week range
$230.94 – $334.50

Follow MCD in the Fuolio

See how MCD weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

MCD in numbers

Market cap
$163.4B
P/E
18.67
P/B
-160.36
Dividend yield (12m)
3.21%
Net debt/EBITDA
2.94

The 12-month dividend yield of MCD is 3.21%, above its 5-year average of 2.18%.

MCD price history

10/02/202510/01/2026
Compare with

MCD risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-20.62%-5.30%+5.67%
Volatility (annualized)17.94%16.22%17.69%
Largest drawdown-30.96%-30.96%-30.96%
Positive months4/1216/3628/60

How much did investing in MCD return?

$1,000.00 invested on 10/01/2021 would be worth $1,060.76 today.

Value today in MCD
$1,060.76
Return over the period
+6.08%
Return per year
+1.19%
In the S&P 500
$1,664.67

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

MCD fundamentals

Valuation

  • P/E
    18.67
  • P/B
    -160.36
  • EV/EBITDA
    15.26
  • EV/EBIT
    15.81
  • EV/Revenue
    7.31
  • P/EBIT
    12.76
  • P/S
    5.90
  • P/OCF
    14.41
  • P/FCF
    21.06
  • Earnings yield
    6.32%
  • PEG ratio
    —
  • Earnings per share
    $12.42
  • Book value per share
    -$1.45

Debt

  • Net debt
    $39B
  • Net debt/EBITDA
    2.94
  • Net debt/Equity
    -38.16
  • Debt/Equity
    -38.97
  • Current ratio
    1.08
  • Quick ratio
    1.07
  • Cash ratio
    0.20

Efficiency

  • Gross margin
    —
  • EBITDA margin
    47.90%
  • Operating margin
    46.22%
  • Net margin
    31.72%
  • Asset turnover
    0.46

Profitability

  • ROE
    -858.94%
  • ROA
    14.66%
  • ROIC
    22.23%
  • Payout
    59.92%

Growth

  • Revenue CAGR (5 years)
    4.96%
  • Earnings CAGR (5 years)
    4.97%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is MCD's fair price?

Two classic value formulas, with today's numbers. The current price is $231.83.

Graham's fair price
—
Does not apply to MCD: the formula needs positive earnings and book value.

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
$103.63
55.30% below the price

$6.22 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

MCD's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E25.3625.1925.2831.2126.4233.8224.4522.94
P/B-121.23-54.55-45.48-32.11-43.32-20.45-17.94-21.71
EV/EBITDA20.0720.1720.7223.2121.5525.4419.3518.38
Dividend yield2.35%2.34%2.10%2.15%1.96%2.35%2.39%2.36%
Earnings per share$12.05$11.51$11.73$8.44$10.15$6.34$8.08$7.74
Book value per share-$2.52-$5.31-$6.52-$8.21-$6.19-$10.50-$11.01-$8.18
ROE-478.11%-216.57%-179.92%-102.90%-163.99%-60.45%-73.39%-94.66%
ROIC21.01%22.52%25.28%22.64%25.98%18.47%23.88%24.31%
EBITDA margin47.80%46.91%47.18%42.02%46.01%39.70%43.68%42.51%
Net margin31.85%31.72%33.22%26.64%32.49%24.63%28.20%27.87%
Net debt/EBITDA3.173.142.923.422.894.463.573.34

MCD's financial statements

Line202520242023202220212020
Net revenue$26.9B$25.9B$25.5B$23.2B$23.2B$19.2B
Cost of revenue——————
Gross profit——————
EBITDA$12.9B$12.2B$12B$9.7B$10.7B$7.6B
EBIT$12.4B$11.7B$11.6B$9.4B$10.4B$7.3B
Financial result$87M$139M$236M-$339M-$42.3M$34.8M
Income before tax——————
Income tax-$2.3B-$2.1B-$2.1B-$1.6B-$1.6B-$1.4B
Net income$8.6B$8.2B$8.5B$6.2B$7.5B$4.7B

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does MCD pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Dividend11/30/202612/15/2026$1.93

Dividend yield per year

  • 2.23%2017
  • 2.36%2018
  • 2.39%2019
  • 2.35%2020
  • 1.96%2021
  • 2.15%2022
  • 2.10%2023
  • 2.34%2024
  • 2.35%2025
  • 2.42%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend08/31/202609/16/2026$1.86
Dividend06/01/202606/16/2026$1.86
Dividend03/02/202603/17/2026$1.86
Dividend11/28/202512/15/2025$1.86
Dividend09/01/202509/16/2025$1.77
Dividend05/30/202506/16/2025$1.77
Dividend02/28/202503/17/2025$1.77
Dividend11/29/202412/16/2024$1.77
Dividend09/02/202409/17/2024$1.67
Dividend05/31/202406/17/2024$1.67
Dividend02/28/202403/15/2024$1.67
Dividend11/29/202312/15/2023$1.67
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend08/30/202309/18/2023$1.52
Dividend06/01/202306/20/2023$1.52
Dividend02/27/202303/15/2023$1.52
Dividend11/29/202212/15/2022$1.52
Dividend08/30/202209/16/2022$1.38
Dividend06/02/202206/20/2022$1.38
Dividend02/25/202203/15/2022$1.38
Dividend11/29/202112/15/2021$1.38
Dividend08/30/202109/15/2021$1.29
Dividend05/27/202106/15/2021$1.29
Dividend02/25/202103/15/2021$1.29
Dividend11/27/202012/15/2020$1.29
Dividend08/28/202009/15/2020$1.25
Dividend05/28/202006/15/2020$1.25
Dividend02/27/202003/16/2020$1.25
Dividend11/28/201912/16/2019$1.25
Dividend08/29/201909/17/2019$1.16
Dividend05/30/201906/17/2019$1.16
Dividend02/27/201903/15/2019$1.16
Dividend11/29/201812/17/2018$1.16
Dividend08/30/201809/18/2018$1.01
Dividend05/31/201806/18/2018$1.01
Dividend02/27/201803/15/2018$1.01
Dividend11/29/201712/15/2017$1.01
Dividend08/29/201709/18/2017$0.94
Dividend05/31/201706/19/2017$0.94
Dividend02/24/201703/15/2017$0.94
Dividend11/28/201612/15/2016$0.94

About Mcdonald’s

Sector
Retail

Questions about MCD

How much is MCD today?

MCD is at $231.83 (-0.92% on the day), last traded on 10/01/2026.

How much did MCD pay in dividends in 2025?

MCD paid $7.17 per share in 2025, a dividend yield of 2.35%.

When is the next MCD dividend?

The next announced payment is $1.93 per share on 12/15/2026.

What are the P/E and P/B of MCD?

MCD trades at a P/E of 18.67 and a P/B of -160.36.

How much did MCD return in 12 months?

MCD returned -20.62% in 12 months, with annualized volatility of 17.94% and a largest drawdown of -30.96%.