McDonald's Corporation MCD
- Market cap
- $168.6B
- P/E
- 19.2×
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McDonald's Corporation (MCD) Return on invested capital
McDonald's Corporation's return on invested capital over the twelve months to 30 June 2026 was 21.1%, up 0.4 percentage points from fiscal 2025 (20.7%). Over the past ten years it has ranged from 17.5% (fiscal 2020) to 25.1% (fiscal 2017); the current reading is higher than 27% of that period. That is above the Restaurants industry median of 3.14% and above the Consumer Cyclical sector median of 3.17%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 20.7% | (1.12) |
| FY2024 | 21.8% | (2.40) |
| FY2023 | 24.2% | 3.28 |
| FY2022 | 20.9% | (3.02) |
| FY2021 | 24.0% | 6.47 |
| FY2020 | 17.5% | (5.12) |
| FY2019 | 22.6% | (0.41) |
| FY2018 | 23.0% | (2.06) |
| FY2017 | 25.1% | 3.59 |
| FY2016 | 21.5% | 2.51 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| DPZ Domino's Pizza Inc compare | 111.8% |
| SBUX Starbucks Corporation compare | 93.0% |
| CMG Chipotle Mexican Grill, Inc. compare | 74.8% |
| YUM Yum! Brands, Inc. compare | 37.6% |
| DRI Darden Restaurants, Inc. compare | 27.3% |
| TXRH Texas Roadhouse, Inc. compare | 21.1% |
| MCD McDonald's Corporation | 21.1% |
| YUMC Yum China compare | 18.0% |
| QSR Restaurant Brands International Inc. compare | 9.12% |
| Restaurants industry median | 3.14% |
| Consumer Cyclical sector median | 3.17% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement