Mcdonalds (MCD) FCF Margin (2009 - 2026)
Mcdonalds' FCF Margin was 27.83% in Q2 2026, up 9.51 percentage points from 18.33% a year earlier and up 1.29 percentage points from the prior quarter.
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Analysis
Mcdonalds (MCD) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mcdonalds' FCF Margin was 28.02% through Jun 30, 2026, up 1.55 percentage points year-over-year; for FY2025, it came in at 26.73%, up 0.99 percentage points from FY2024.
- FCF Margin shows a five-year change of +2.65 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 25.74% in FY2024 (-2.72 pp), 28.46% in FY2023 (+4.79 pp), 23.67% in FY2022 (-6.91 pp) and 30.58% in FY2021 (+6.50 pp).
- Quarterly FCF Margin has moved between 3.15% (Q2 2022) and 36.75% (Q3 2023) over five years.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of +0.24 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2023 (a gain of 14.50 percentage points); the worst was Q2 2022 (a drop of 18.09 percentage points).
- Per Business Quant data, MCD's FCF Margin in the three quarters before Q2 2026 was 26.55% (Q1 2026), 23.37% (Q4 2025) and 34.15% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 26.79% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 14.49% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 18.76% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 13.84% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 19.01% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 3.09% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 19.01% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 9.53% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 4.85% |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.79% |
| Mar 31, 2026 | 25.33% |
| Dec 31, 2025 | 21.74% |
| Sep 30, 2025 | 32.61% |
| Jun 30, 2025 | 17.51% |
| Mar 31, 2025 | 30.26% |
| Dec 31, 2024 | 27.40% |
| Sep 30, 2024 | 21.96% |
| Jun 30, 2024 | 14.65% |
| Mar 31, 2024 | 29.03% |
| Dec 31, 2023 | 24.90% |
| Sep 30, 2023 | 35.37% |
| Jun 30, 2023 | 15.90% |
| Mar 31, 2023 | 30.84% |
| Dec 31, 2022 | 20.51% |
| Sep 30, 2022 | 29.81% |
| Jun 30, 2022 | 1.22% |
| Mar 31, 2022 | 29.04% |
| Dec 31, 2021 | 28.65% |
| Sep 30, 2021 | 33.67% |
API Access
Mcdonalds FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MCD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MCD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MCD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();