FY2025 · ended Dec 31, 2025 · Revenue $26.89B, +3.7% YoY · Filed Feb 24, 2026
McDONALD’S CORPORATION (MCD) files with the SEC under industry code 5812, Retail-Eating Places. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $26.9 billion and net income of $8.6 billion. Free cash flow was $7.2 billion. As of Jun 30, 2026 it held $822.0 million in cash and investments and $54.6 billion in total debt.
Revenue (TTM)
$27.70B
+6.3% vs year-ago TTM
Net income (TTM)
$8.79B
+4.7% vs year-ago TTM
Operating cash flow (TTM)
$11.35B
+15.9% vs year-ago TTM
Free cash flow (TTM)
$7.76B
+12.5% vs year-ago TTM
EPS (TTM)
$12,313,090.16
+5.5% vs year-ago TTM
Dividend per share (TTM)
$7.35
+5.3% vs year-ago TTM
Shares outstanding
710.40M
-0.6% vs prior year
Net cash
$-53.77B
as of Jun 30, 2026
Operating margin
46.2%
FY 2026
Company profile
- Industry
- Retail-Eating Places (SIC 5812)
- Listed as
- MCD (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Chicago, IL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 63908
Other Retail-Eating Places companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $26.9B | $25.9B | $25.5B | $23.2B | $23.2B |
| Operating income | $12.4B | $11.7B | $11.6B | $9.4B | $10.4B |
| Net income | $8.6B | $8.2B | $8.5B | $6.2B | $7.5B |
| Diluted EPS | $11.95 | $11.39 | $11.56 | $8.33 | $10.04 |
| Operating cash flow | $10.6B | $9.4B | $9.6B | $7.4B | $9.1B |
| Free cash flow | $7.2B | $6.7B | $7.3B | $5.5B | $7.1B |
| Total assets | $59.5B | $55.2B | $56.1B | $50.4B | $53.9B |
| Stockholders' equity | -$1.8B | -$3.8B | -$4.7B | -$6.0B | -$4.6B |
| Cash and investments | $774.0M | $1.1B | $4.6B | $2.6B | $4.7B |
| Total debt | $43.8B | $41.0B | $53.4B | $48.7B | $49.3B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Nov 4, 2026 | Nov 4, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 23, 2026 | Sep 23, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Aug 4, 2026 | Aug 3, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 4, 2026 | Aug 4, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 22, 2026 | May 20, 2026 |
All 1009 McDONALD’S CORPORATION SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.