Mcdonalds (MCD) Net Margin (2009 - 2026)

Mcdonalds (MCD) posted Net Margin of 30.43% for Q1 2026, down 1.4% on a QoQ basis from 30.86% in Q4 2025, and down 95.0% year-over-year from 608.56% in Q1 2025.

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

Mcdonalds' Net Margin history runs 18 years deep, the most recent figure standing at 30.43% for Q1 2026.

  • Quarterly Net Margin fell 95.0% year-over-year to 30.43% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.61% (down 14.0% YoY) and the FY2025 annual result came in at 31.85%, up 12.0% from the prior year.
  • Net Margin was 30.43% for Q1 2026 at Mcdonalds, down from 30.86% 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.
  • A 5-year average of 30.78% and a median of 31.57% in 2024 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2022 — Net Margin tumbled 1692 bps — and 2023, when it soared 1479 bps.
  • Mcdonalds' 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 dropped by 1 bps to 30.43% in 2026.
  • Business Quant data shows MCD's Net Margin at 30.43% in Q1 2026, 30.86% in Q4 2025, and 32.18% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 5.36%
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 9.81%
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 20.98%
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 14.93%
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn -0.08%
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 10.06%
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 7.56%
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 11.37%
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 5.10%
10 Mcdonalds 186,872.12 -1.17 Bn 5.84 Bn 30.43%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 37.69%