McDonald's Corporation

MCD Consumer Cyclical Restaurants

McDonald's Corporation’s revenue for fiscal 2025 (year ended December 2025) was $26.9 billion, up 3.72% from fiscal 2024.

Revenue
+1.12%
EPS
+5.73%
Free cash flow
+57.9%
Total debt
−3.72%

Quarter to September 2026, against a year earlier

276.78 1.26 −0.45%
Market cap
$196.8B
P/E
22.5×
Fwd P/E
20.2×
Dividend yield
2.69%
F-score
7/9
Altman Z
4.92
Beneish M
−2.60
Dividend safety
70/100

McDonald's Corporation (MCD) P/E ratio

Alert me on P/E ratio

As of 6 November 2026, McDonald's Corporation (MCD) trades at a P/E ratio of 22.5×. Over the past ten years it has ranged from 17.4× (March 2020) to 36.0× (March 2021); the current reading is higher than 13% of that period. That is below the Restaurants industry median of 23.9× and above the Consumer Cyclical sector median of 17.5×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 25.6× 0.49%
FY2024 25.5× (0.86%)
FY2023 25.7× (18.90%)
FY2022 31.7× 18.56%
FY2021 26.7× (21.48%)
FY2020 34.0× 35.61%
FY2019 25.1× 6.48%
FY2018 23.6× (13.53%)
FY2017 27.2× 23.41%
FY2016 22.1× (10.14%)

Quarterly newest first

Period P/E ratio Change
Sep 2026 18.8× (14.56%)
Jun 2026 22.0× (14.30%)
Mar 2026 25.6× 0.18%
Dec 2025 25.6× (1.36%)
43 more quarters

Against its own ten years

Low 17.4× High 36.0×
Ten-year median 25.5×
Current reading's percentile 9

P/E ratio against peers

Company P/E ratio
YUM Yum! Brands, Inc. compare 12.9×
QSR Restaurant Brands International Inc. compare 16.1×
YUMC Yum China compare 17.2×
DPZ Domino's Pizza Inc compare 18.5×
DRI Darden Restaurants, Inc. compare 21.9×
MCD McDonald's Corporation 22.5×
TXRH Texas Roadhouse, Inc. compare 28.9×
CMG Chipotle Mexican Grill, Inc. compare 32.2×
SBUX Starbucks Corporation compare 60.6×
Restaurants industry median 23.9×
Consumer Cyclical sector median 17.5×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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