McDonald's (MCD)
Consumer Discretionary · Quick-service restaurant franchising and operations · NYSE
Global quick-service restaurant franchiser that generates revenue from franchisee royalties and company-operated locations while leasing real estate to franchisees.
What McDonald's does
McDonald's operates one of the world's largest restaurant chains through a franchise model where the company owns or leases restaurant properties and collects royalties and rent from franchisees. The company also operates company-owned and operated restaurants directly, generating sales from both channels. McDonald's generates revenue through franchised restaurant royalties and occupancy expenses, sales from company-operated locations, and other revenue streams, while maintaining a capital-light business model centered on real estate ownership and franchise relationships.
Themes: ["Restaurant franchising"]
Fundamentals
- Price$276.49 as of 2026-07-09 close
- Market cap$194.6B as of 2026-07-10
- 1-year return-5.6% as of 2026-07-09 close
- P/E22.42 as of 2026-07-10
- Net margin+31.6% as of 2026-07-10
- Gross margin+57.4% as of 2026-07-10
- ROE+95.1% as of 2026-07-10
- Debt / equity40.64 as of 2026-07-10
- Revenue growth (YoY)+6.8% as of 2026-07-10
- Revenue CAGR (3y)+5.1% SEC XBRL
- Beta0.42 as of 2026-07-10
Dividend: yield +2.7%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Franchisee financial health and ability to pay royalties and rent is critical to revenue stability; deterioration in franchisee profitability could reduce franchise payments"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.