Mcdonalds (MCD) Net Margin (2009 - 2026)
Mcdonalds (MCD) reported Net Margin of 30.43% for Q1 2026, down 95.0% on a YoY basis from 608.56% in Q1 2025, and down 1.4% quarter-over-quarter from 30.86% in Q4 2025.
Mcdonalds (MCD) Net Margin (2009 - 2026) Analysis & Trends
Mcdonalds has reported Net Margin for 18 years, with the latest figure at 30.43% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 95.0% year-over-year to 30.43%; the trailing twelve-month figure through Mar 2026 stood at 31.61% (down 14.0% YoY), and the FY2025 full-year result was 31.85%, up 12.0% from the prior year.
- Net Margin for Q1 2026 stood at 30.43%, down from 30.86% in the prior quarter.
- The five-year high for Net Margin was 35.56% in Q2 2023, with the low at 19.49% in Q1 2022.
- Historically, Net Margin has averaged 30.78% across 5 years, with a median of 31.57% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin plunged 1692 bps — and 2023, when it soared 1479 bps.
- Mcdonalds' Net Margin stood at 32.11% in 2022, then dropped by 1 bps to 31.83% in 2023, then fell by 1 bps to 31.57% in 2024, then retreated by 2 bps to 30.86% in 2025, then decreased by 1 bps to 30.43% in 2026.
- The last three Net Margin figures came in at 30.43% (Q1 2026), 30.86% (Q4 2025), and 32.18% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 5.36% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 9.81% |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 20.98% |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 14.93% |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | -0.11% |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 10.06% |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 7.56% |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 12.15% |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 1.79% |
| 10 | Mcdonalds | 198,669.08 | -1.17 Bn | 5.84 Bn | 30.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |