Mcdonalds (MCD) FCF Margin (2009 - 2026)
Mcdonalds (MCD) reported FCF Margin of 26.55% for Q1 2026, down 1296.0% on a YoY basis from 2.22% in Q1 2025, and down 59.98% quarter-over-quarter from 66.33% in Q4 2025.
Mcdonalds (MCD) FCF Margin (2009 - 2026) Analysis & Trends
Mcdonalds has reported FCF Margin for 18 years, with the latest figure at 26.55% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 1296.0% year-over-year to 26.55%; the trailing twelve-month figure through Mar 2026 stood at 36.62% (up 667.0% YoY), and the FY2025 full-year result was 37.93%, up 1219.0% from the prior year.
- FCF Margin for Q1 2026 stood at 26.55%, down from 66.33% in the prior quarter.
- The five-year high for FCF Margin was 66.33% in Q4 2025, with the low at 3.15% in Q2 2022.
- Historically, FCF Margin has averaged 29.05% across 5 years, with a median of 28.55% in 2024.
- Annual changes were most pronounced in 2022 — FCF Margin slumped 2909 bps — and 2025, when it surged 3778 bps.
- Mcdonalds' FCF Margin stood at 11.0% in 2022, then sank by 38 bps to 6.81% in 2023, then jumped by 320 bps to 28.55% in 2024, then surged by 132 bps to 66.33% in 2025, then tumbled by 60 bps to 26.55% in 2026.
- The last three FCF Margin figures came in at 26.55% (Q1 2026), 66.33% (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 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 0.96% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 15.25% |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 16.56% |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 7.46% |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 13.51% |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 12.41% |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 10.96% |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 12.77% |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 1.04% |
| 10 | Mcdonalds | 198,669.08 | -1.17 Bn | 5.84 Bn | 26.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.55% |
| Dec 31, 2025 | 66.33% |
| Sep 30, 2025 | 34.15% |
| Jun 30, 2025 | 18.33% |
| Mar 31, 2025 | 39.51% |
| Dec 31, 2024 | 28.55% |
| Sep 30, 2024 | 28.26% |
| Jun 30, 2024 | 24.33% |
| Mar 31, 2024 | 37.90% |
| Dec 31, 2023 | 6.81% |
| Sep 30, 2023 | 43.89% |
| Jun 30, 2023 | 17.65% |
| Mar 31, 2023 | 32.50% |
| Dec 31, 2022 | 11.00% |
| Sep 30, 2022 | 38.85% |
| Jun 30, 2022 | 3.15% |
| Mar 31, 2022 | 36.12% |
| Dec 31, 2021 | 40.09% |
| Sep 30, 2021 | 34.13% |
| Jun 30, 2021 | 21.24% |