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. In the quarter to June 2026, revenue grew 3.74%, EPS grew 5.73%, free cash flow grew 57.9% and total debt fell 3.72%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years, revenue growth for three.

242.97 0.47 +0.19%
Market cap
$171.6B
P/E
19.7×
Fwd P/E
21.7×
Dividend yield
3.06%
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 16 October 2026, McDonald's Corporation (MCD) trades at a P/E ratio of 19.7×. Over the past ten years it has ranged from 17.4× (March 2020) to 36.0× (March 2021); the current reading is higher than 2% of that period. That is below the Restaurants industry median of 24.3× and above the Consumer Cyclical sector median of 17.3×.

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
Jun 2026 22.0× (14.30%)
Mar 2026 25.6× 0.18%
Dec 2025 25.6× (1.36%)
Sep 2025 25.9× 3.57%
42 more quarters

Against its own ten years

Low 17.4× High 36.0×
Ten-year median 25.5×
Current reading's percentile 1

P/E ratio against peers

Company P/E ratio
YUMC Yum China compare 16.5×
DPZ Domino's Pizza Inc compare 17.0×
YUM Yum! Brands, Inc. compare 18.8×
MCD McDonald's Corporation 19.7×
QSR Restaurant Brands International Inc. compare 20.0×
DRI Darden Restaurants, Inc. compare 21.0×
TXRH Texas Roadhouse, Inc. compare 26.9×
CMG Chipotle Mexican Grill, Inc. compare 27.4×
SBUX Starbucks Corporation compare 56.0×
Restaurants industry median 24.3×
Consumer Cyclical sector median 17.3×
Market median 18.1×

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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