McDonald's Corporation MCD

236.50 (0.52) (0.22%) as of 25 Sep
Market cap
$168.6B
P/E
19.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

McDonald's Corporation (MCD) Gross margin

McDonald's Corporation's gross margin over the twelve months to 30 June 2026 was 57.4%, down 0.0 percentage points from fiscal 2025 (57.4%). Over the past ten years it has ranged from 38.5% (fiscal 2015) to 57.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Restaurants industry median of 38.8% and above the Consumer Cyclical sector median of 35.0%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 57.4% 0.66
FY2024 56.8% (0.37)
FY2023 57.1% 0.15
FY2022 57.0% 2.80
FY2021 54.2% 3.40
FY2020 50.8% (1.56)
FY2019 52.3% 1.37
FY2018 51.0% 4.42
FY2017 46.5% 5.09
FY2016 41.5% 2.93

Quarterly

Period Gross margin Change (points)
Jun 2026 58.0% 2.11
Mar 2026 55.9% (1.61)
Dec 2025 57.5% (0.49)
Sep 2025 58.0% 0.10
42 more quarters

Against its own ten years

Low 38.5% High 57.4%
Ten-year median 52.3%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
YUM Yum! Brands, Inc. compare 68.1%
SBUX Starbucks Corporation compare 67.7%
MCD McDonald's Corporation 57.4%
QSR Restaurant Brands International Inc. compare 48.5%
DPZ Domino's Pizza Inc compare 40.0%
CMG Chipotle Mexican Grill, Inc. compare 24.1%
YUMC Yum China compare 22.0%
DRI Darden Restaurants, Inc. compare 21.7%
TXRH Texas Roadhouse, Inc. compare 15.7%
Restaurants industry median 38.8%
Consumer Cyclical sector median 35.0%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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