MCD

MCDONALDS CORP

Ticker: MCDConsumer DiscretionaryRestaurantsS&P 500
HQ CHICAGO, ILCIK 63908FY end 12-31Book / share $-1.44Shares 712M
Revenue (FY)
$26.89B+3.72%
TTM $27.70B
Op. margin
46.10%+0.91%
TTM 46.22%
Net income
$8.56B+4.13%
TTM $8.79B
Operating cash
$10.55B+11.69%
TTM $11.35B
Free cash flow
$6.83B+13.81%
TTM $7.38B
Return on equity
-478.11%-261.55%
TTM -858.94%
Debt / equity
-22.32-12.20%
TTM -38.97
Shares outstanding
716.4M-0.76%
TTM 712.3M

The business

McDonald's Corporation (NYSE: MCD) operates as the world's leading global omni-channel restaurant brand, serving customers across more than 100 countries. The company's website is www.mcdonalds.com. As of year-end 2025, McDonald's operates 45,356 restaurants worldwide, with approximately 95 percent franchised, reflecting the company's asset-light business model that generates stable and predictable revenue streams.

The company's core business involves franchising and operating McDonald's restaurants that serve a locally relevant menu of quality food and beverages. McDonald's generates revenues through three primary channels: fees from franchised restaurants operated by conventional franchisees, developmental licensees, and affiliates; sales from company-owned and operated restaurants; and other revenues including technology platform fees and brand licensing arrangements. The company's reporting segments align with its strategic priorities: the United States, International Operated Markets, and International Developmental Licensed Markets & Corporate, which encompasses over 75 countries.

McDonald's menu features iconic products including hamburgers, the Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, chicken sandwiches, Chicken McNuggets, World Famous Fries, and McCafé beverages. The company operates seventeen unique billion-dollar brands and continuously evolves its menu to meet local consumer preferences and changing customer demands.

The company employs over 150,000 people worldwide, with approximately 70 percent based outside the United States. Additionally, more than two million individuals work in franchised McDonald's restaurants globally. McDonald's maintains a heavily franchised business model where franchisees own and operate restaurants under conventional franchise, developmental license, or affiliate arrangements, with the company typically owning or securing long-term leases on real estate in conventional franchise locations.

McDonald's competitive advantages include its globally recognized brand, extensive real estate portfolio, proven operating system, digital and delivery capabilities, and drive-thru network of nearly 29,000 locations worldwide. The company's strategic direction focuses on maximizing marketing, committing to core menu items, and doubling down on digital, delivery, drive-thru, and restaurant development initiatives to drive long-term growth and market share expansion.

Sector
Consumer Discretionary
Industry
Restaurants
HQ
CHICAGO, IL
FY end
12-31
CIK
63908
SIC
5812
Financial performance · annual
20132025
$-2.81B$5.62B$14.05B$22.48B$30.92B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds MCDONALDS CORP — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

1.0K
funds hold it
1 of 35
superinvestors hold it
$52.13B
fund-held value
26.6%
of shares held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.27%$6.10B
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.30%$4.98B
iShares Core S&P 500 ETF
IVV · iShares Trust
0.30%$2.64B
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.31%$2.54B
State Street(R) SPDR(R) S&P 500(R) ETF Trust
SPY
0.30%$2.33B

Superinvestors in MCDONALDS CORP

Tom RussoUNCHANGED
Gardner Russo & Quinn
<0.1%

Share of each manager's reported 13F portfolio.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

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