McDonald's (MCD) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

McDonald's

NYSE•Consumer Cyclical•Restaurants

$248.24-0.24(<0.01%)After hours

Market Cap

$176.03B

P/E

20.0x

P/S

6.4x

McDonald's Corporation owns, operates, and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, frozen desserts, sundaes, soft serve cones, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates franchised restaurants under various structures, including conventional franchise, developmental license, or affiliate. McDonald's Corporation was founded in 1940 and is based in Chicago, Illinois.

How this company scores

WeakMetricSide Score: 67/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Cash & Earnings Quality (21/25); weakest: Balance Sheet & Red Flags (12/25).

Profitability17/25

Growth17/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality21/25

Strengths

Strong marginsInterest easily coveredConsistent free cash flowProfit converts from growth

Grade capped at D

Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 20.0x5y range 20.0x – 31.2x

Currently near its 20-quarter median.

P/S · 6.4x5y range 6.4x – 8.9x

Currently near its 20-quarter median.

Price & Volume

Market Cap $176.03B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $27.70B
Q. Revenue: $7.10B
TTM EBITDA: $14.40B
TTM Op. Income: $12.80B
Q. Op. Income: $3.34B
TTM Net Income: $8.79B
Q. Net Income: $2.36B
EPS: $3.33
Shares Out.: $709.10M

$27.70B in TTM revenue grew 6.3% YoY, reaching $7.10B last quarter. TTM EBITDA of $14.40B and TTM operating income of $12.80B show growth is flowing through to the bottom line. TTM net income of $8.79B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 47.0%
Op. Margin: 47.0%
Net Margin: 33.3%

Op. margin of 47.0% is down 0.2% YoY — costs are rising relative to revenue. Net margin at 33.3% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 20.0x
P/S Ratio: 6.4x
P/B Ratio: N/A

At 20.0x P/E, the stock trades within typical market levels. P/S of 6.4x and P/B of 0.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $59.92B
Cash: $822.00M
Long-Term Debt: $39.86B
Book Value: $-1.02B
D/E Ratio: N/A
Debt/EBITDA: 11.9

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $2.81B
TTM Free Cash Flow: $7.76B
FCF Margin: 28.0%
FCF / Net Income: 0.9

TTM FCF of $7.76B on $2.81B in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 13% — an improving trend.