Mcdonalds (MCD) Net Margin (2009 - 2026)
Mcdonalds' (MCD) quarterly Net Margin came in at 33.27% in Q2 2026, up 35.0% on a YoY basis from 24.65% in Q2 2025, and up 9.35% quarter-over-quarter from 30.43% in Q1 2026.
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Mcdonalds (MCD) Net Margin (2009 - 2026) Analysis & Trends
Mcdonalds (MCD) has reported Net Margin for 18 consecutive years, with 33.27% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 35.0% year-over-year to 33.27%; the trailing twelve-month figure through Jun 2026 stood at 31.71% (down 50.0% YoY), and the FY2025 full-year result was 31.85%, up 12.0% from the prior year.
- Net Margin climbed to 33.27% in Q2 2026 per MCD's latest filing, from 30.43% in the prior quarter.
- Across five years, Net Margin topped out at 35.56% in Q2 2023 and bottomed at 19.49% in Q1 2022.
- Historically, Net Margin has averaged 30.92% across 5 years, with a median of 31.7% in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Margin sank 1692 bps in 2022, then jumped 1479 bps in 2023.
- Over 5 years, Net Margin stood at 32.11% in 2022, then fell by 1 bps to 31.83% in 2023, then decreased by 1 bps to 31.57% in 2024, then slipped by 2 bps to 30.86% in 2025, then increased by 8 bps to 33.27% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 33.27%, 30.43%, and 30.86% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 11.21% |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 12.05% |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 39.33% |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 20.12% |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 10.89% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 26.39% |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 8.35% |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 7.26% |
| 10 | Dominos Pizza | 9.81 Bn | 9.60 Bn | 478.23 Mn | 11.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.27% |
| Mar 31, 2026 | 30.43% |
| Dec 31, 2025 | 30.86% |
| Sep 30, 2025 | 32.18% |
| Jun 30, 2025 | 32.92% |
| Mar 31, 2025 | 31.38% |
| Dec 31, 2024 | 31.57% |
| Sep 30, 2024 | 32.81% |
| Jun 30, 2024 | 31.16% |
| Mar 31, 2024 | 31.29% |
| Dec 31, 2023 | 31.83% |
| Sep 30, 2023 | 34.64% |
| Jun 30, 2023 | 35.56% |
| Mar 31, 2023 | 30.55% |
| Dec 31, 2022 | 32.11% |
| Sep 30, 2022 | 33.75% |
| Jun 30, 2022 | 20.78% |
| Mar 31, 2022 | 19.49% |
| Dec 31, 2021 | 27.27% |
| Sep 30, 2021 | 34.67% |
API Access
Mcdonalds Net 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=net-margin&ticker=MCD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MCD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();