Mcdonalds (MCD) FCF Margin (2009 - 2026)

Mcdonalds' (MCD) quarterly FCF Margin came in at 26.55% in Q1 2026, down 497.0% YoY from 6.69% in Q1 2025, and up 13.59% on a QoQ basis from 23.37% in Q4 2025.

Mcdonalds (MCD) FCF Margin (2009 - 2026) Analysis & Trends

Mcdonalds (MCD) has 18 years of FCF Margin data on file, last reported at 26.55% in Q1 2026.

  • Quarterly FCF Margin fell 497.0% year-over-year to 26.55% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 25.65% (down 385.0% YoY) and the FY2025 annual result came in at 26.73%, up 99.0% from the prior year.
  • FCF Margin improved to 26.55% in Q1 2026, from 23.37% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 36.75% in Q3 2023 to a low of 3.15% in Q2 2022.
  • A 5-year average of 26.85% and a median of 29.88% in 2024 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2022 — FCF Margin plunged 1809 bps — and 2023, when it soared 2571 bps.
  • Tracing MCD's FCF Margin over 5 years: stood at 11.0% in 2022, then soared by 234 bps to 36.72% in 2023, then fell by 22 bps to 28.55% in 2024, then retreated by 18 bps to 23.37% in 2025, then increased by 14 bps to 26.55% in 2026.
  • The last three FCF Margin figures came in at 26.55% (Q1 2026), 23.37% (Q4 2025), and 34.15% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Mcdonalds 193.05 Bn 192.23 Bn 6.42 Bn 27.83%
2 Starbucks 122.77 Bn 119.16 Bn 6.49 Bn 14.49%
3 Chipotle Mexican Grill 42.40 Bn 41.73 Bn 2.35 Bn 13.84%
4 Yum Brands 40.42 Bn 39.75 Bn 1.47 Bn 18.76%
5 Restaurant Brands International 27.11 Bn 27.59 Bn 1.89 Bn 19.01%
6 Darden Restaurants 25.70 Bn 25.48 Bn 3.68 Bn 10.19%
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 19.01%
8 Yum China Holdings 16.42 Bn 15.74 Bn 2.22 Bn 9.53%
9 Texas Roadhouse 13.58 Bn 13.40 Bn 1.44 Bn 4.85%
10 Dominos Pizza 11.46 Bn 11.32 Bn 478.23 Mn 13.96%

Historic Data

Download Data
DateValue
Jun 30, 2026 27.83%
Mar 31, 2026 26.55%
Dec 31, 2025 23.37%
Sep 30, 2025 34.15%
Jun 30, 2025 18.33%
Mar 31, 2025 31.51%
Dec 31, 2024 28.55%
Sep 30, 2024 33.51%
Jun 30, 2024 24.33%
Mar 31, 2024 29.88%
Dec 31, 2023 36.72%
Sep 30, 2023 36.75%
Jun 30, 2023 17.65%
Mar 31, 2023 32.50%
Dec 31, 2022 11.00%
Sep 30, 2022 32.40%
Jun 30, 2022 3.15%
Mar 31, 2022 36.12%
Dec 31, 2021 12.37%
Sep 30, 2021 34.13%