McDonald's
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,… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What McDonald's does
In the company’s own words
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.
Company details
- Sector
- Consumer Discretionary
- Industry (SIC)
- Restaurants
- Headquarters
- CHICAGO, IL
- Fiscal year end
- December
- CIK
- 63908
- SIC
- 5812
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns McDonald's — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in McDonald's · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · McDonald's’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
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.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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