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| Date | Value |
|---|---|
| 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% |