Mcdonalds (MCD) Net Margin (2009 - 2026)
Mcdonalds' (MCD) quarterly Net Margin came in at 30.43% in Q1 2026, down 95.0% YoY from 608.56% in Q1 2025, and down 1.4% on a QoQ basis from 30.86% in Q4 2025.
Mcdonalds (MCD) Net Margin (2009 - 2026) Analysis & Trends
Mcdonalds (MCD) has 18 years of Net Margin data on file, last reported at 30.43% in 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 slipped to 30.43% in Q1 2026, from 30.86% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 35.56% in Q2 2023 to a low of 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 plunged 1692 bps — and 2023, when it soared 1479 bps.
- Tracing MCD's Net Margin over 5 years: 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 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 11.21% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 12.05% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 39.33% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 20.12% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | -0.08% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 26.39% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 8.35% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 7.26% |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | 11.37% |
Historic Data
Download 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% |