McDonald's Corporation MCD
- Market cap
- $168.6B
- P/E
- 19.2×
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McDonald's Corporation (MCD) EV/EBITDA
As of 25 September 2026, McDonald's Corporation (MCD) trades at a EV/EBITDA of 13.8×. Over the past ten years it has ranged from 10.5× (January 2015) to 22.4× (September 2020); the current reading is higher than 11% of that period. That is above the Restaurants industry median of 11.5× and above the Consumer Cyclical sector median of 9.4×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 17.8× | (0.41%) |
| FY2024 | 17.8× | (3.23%) |
| FY2023 | 18.4× | (9.43%) |
| FY2022 | 20.3× | 7.31% |
| FY2021 | 19.0× | (11.23%) |
| FY2020 | 21.4× | 24.64% |
| FY2019 | 17.1× | 4.65% |
| FY2018 | 16.4× | 6.91% |
| FY2017 | 15.3× | 11.71% |
| FY2016 | 13.7× | (6.85%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 15.4× | (11.87%) |
| Mar 2026 | 17.5× | (1.38%) |
| Dec 2025 | 17.8× | (0.78%) |
| Sep 2025 | 17.9× | 1.51% |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| YUMC Yum China compare | 6.9× |
| DRI Darden Restaurants, Inc. compare | 11.7× |
| QSR Restaurant Brands International Inc. compare | 12.7× |
| DPZ Domino's Pizza Inc compare | 13.2× |
| MCD McDonald's Corporation | 13.8× |
| TXRH Texas Roadhouse, Inc. compare | 14.7× |
| YUM Yum! Brands, Inc. compare | 16.9× |
| CMG Chipotle Mexican Grill, Inc. compare | 17.9× |
| SBUX Starbucks Corporation compare | 25.4× |
| Restaurants industry median | 11.5× |
| Consumer Cyclical sector median | 9.4× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on MCD
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement