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.
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McDonald's Corporation (MCD) Price to free cash flow
As of 16 October 2026, McDonald's Corporation (MCD) trades at a price to free cash flow of 21.7×. Over the past ten years it has ranged from 17.7× (March 2020) to 47.5× (September 2020); the current reading is higher than 9% of that period. That is above the Restaurants industry median of 20.5× and above the Consumer Cyclical sector median of 13.0×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 29.8× | (2.76%) |
| FY2024 | 30.6× | 4.19% |
| FY2023 | 29.4× | (16.48%) |
| FY2022 | 35.2× | 26.90% |
| FY2021 | 27.8× | (19.19%) |
| FY2020 | 34.3× | 34.80% |
| FY2019 | 25.5× | (19.14%) |
| FY2018 | 31.5× | (12.94%) |
| FY2017 | 36.2× | 53.03% |
| FY2016 | 23.7× | 5.24% |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 24.2× | (21.24%) |
| Mar 2026 | 30.7× | 2.96% |
| Dec 2025 | 29.8× | 3.17% |
| Sep 2025 | 28.9× | (2.95%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| DPZ Domino's Pizza Inc compare | 15.4× |
| QSR Restaurant Brands International Inc. compare | 15.4× |
| YUMC Yum China compare | 16.7× |
| MCD McDonald's Corporation | 21.7× |
| DRI Darden Restaurants, Inc. compare | 23.1× |
| CMG Chipotle Mexican Grill, Inc. compare | 24.3× |
| YUM Yum! Brands, Inc. compare | 24.6× |
| TXRH Texas Roadhouse, Inc. compare | 25.2× |
| SBUX Starbucks Corporation compare | 30.5× |
| Restaurants industry median | 20.5× |
| Consumer Cyclical sector median | 13.0× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on MCD
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement