McDONALD’S CORPORATION (MCD) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue grew from $22.79B (period ending 2007-12-31) to $26.89B (period ending 2025-12-31) — a 0.9% annual pace across 18 year(s) of filed history.
- Net margin expanded from 10.5% to 31.9% over that same span.
- Across 55 tracked quarters, the strongest was $7.32B (quarter ending 2013-09-30) and the weakest was $3.76B (quarter ending 2020-06-30).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $26.89B | 2025-12-31 | 10-K | 0000063908-26-000035 |
| Operating income | $12.39B | 2025-12-31 | 10-K | 0000063908-26-000035 |
| Net income | $8.56B | 2025-12-31 | 10-K | 0000063908-26-000035 |
| Diluted EPS | $11.95 | 2025-12-31 | 10-K | 0000063908-26-000035 |
| Total assets | $59.52B | 2025-12-31 | 10-K | 0000063908-26-000035 |
| Cash & equivalents | $774.0M | 2025-12-31 | 10-K | 0000063908-26-000035 |
| Operating cash flow | $10.55B | 2025-12-31 | 10-K | 0000063908-26-000035 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $7.10B | 2026-06-30 | 10-Q | 0000063908-26-000073 |
| Operating income | $3.34B | 2026-06-30 | 10-Q | 0000063908-26-000073 |
| Net income | $2.36B | 2026-06-30 | 10-Q | 0000063908-26-000073 |
| Diluted EPS | $3.32 | 2026-06-30 | 10-Q | 0000063908-26-000073 |
| Total assets | $59.92B | 2026-06-30 | 10-Q | 0000063908-26-000073 |
| Cash & equivalents | $822.0M | 2026-06-30 | 10-Q | 0000063908-26-000073 |
| Operating cash flow | $2.81B | 2026-06-30 | 10-Q | 0000063908-26-000073 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
McDonald’s Corporation, as evidenced by its SEC filings, operates on a substantial scale with annual revenues surpassing $26 billion in 2025. The company’s revenue has grown at a modest pace of approximately 0.9% annually over the past 18 years, reflecting steady expansion despite fluctuations. Notably, net income has experienced a significant improvement, with margins expanding from 10.5% to 31.9% during this period.
The multi-year trajectory reveals resilience in revenue growth, even amidst economic downturns such as the one observed in 2020 when quarterly net income dipped to $2.36 billion, the lowest since tracking began. Conversely, the strongest quarterly net income of $7.32 billion was reported in Q3 2013, indicating periods of robust performance.
In examining future filings, investors should focus on how McDonald’s manages to sustain revenue growth amidst a competitive landscape and potential economic headwinds. Additionally, the company’s ability to maintain or further enhance its impressive net margin will be crucial. The next filing should provide insights into operational efficiencies and cost management strategies that have underpinned this margin expansion over the years.
Source: SEC EDGAR company facts for CIK 0000063908 · filings index