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) Shares outstanding
McDonald's Corporation's shares outstanding at the end of fiscal 2025 was $716.4M, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $711.1M. Over the past ten years it has ranged from $716.4M (fiscal 2025) to $944.6M (fiscal 2015) — the current reading is the lowest in ten years. McDonald's Corporation ranks 3rd of 52 Restaurants companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $716.4M | (0.76%) |
| FY2024 | $721.9M | (1.42%) |
| FY2023 | $732.3M | (1.21%) |
| FY2022 | $741.3M | (1.40%) |
| FY2021 | $751.8M | 0.23% |
| FY2020 | $750.1M | (1.93%) |
| FY2019 | $764.9M | (2.63%) |
| FY2018 | $785.6M | (3.67%) |
| FY2017 | $815.5M | (5.31%) |
| FY2016 | $861.2M | (8.83%) |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $711.1M | (0.34%) |
| Mar 2026 | $713.5M | (0.40%) |
| Dec 2025 | $716.4M | 0.07% |
| Sep 2025 | $715.9M | (0.24%) |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| CMG Chipotle Mexican Grill, Inc. compare | $1.3B |
| SBUX Starbucks Corporation compare | $1.1B |
| MCD McDonald's Corporation | $711.1M |
| QSR Restaurant Brands International Inc. compare | $460.0M |
| YUMC Yum China compare | $349.0M |
| YUM Yum! Brands, Inc. compare | $277.0M |
| DRI Darden Restaurants, Inc. compare | $114.4M |
| TXRH Texas Roadhouse, Inc. compare | $65.9M |
| DPZ Domino's Pizza Inc compare | $33.1M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement