Mcdonalds (MCD) Return on Capital Employed (2009 - 2026)
Mcdonalds (MCD) reported Return on Capital Employed of 22.83% for Q1 2026, up 36.0% on a YoY basis from 16.78% in Q1 2025, and up 2.59% quarter-over-quarter from 22.25% in Q4 2025.
Mcdonalds (MCD) Return on Capital Employed (2009 - 2026) Analysis & Trends
Mcdonalds has reported Return on Capital Employed for 18 years, with the latest figure at 22.83% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 36.0% year-over-year to 22.83%; the trailing twelve-month figure through Mar 2026 stood at 22.83% (up 36.0% YoY), and the FY2025 full-year result was 23.39%, up 78.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 22.83%, up from 22.25% in the prior quarter.
- The five-year high for Return on Capital Employed was 24.64% in Q4 2023, with the low at 20.2% in Q2 2022.
- Historically, Return on Capital Employed has averaged 22.41% across 5 years, with a median of 22.46% in 2025.
- Annual changes were most pronounced in 2022 — Return on Capital Employed surged 485 bps — and 2024, when it sank 204 bps.
- Mcdonalds' Return on Capital Employed stood at 20.52% in 2022, then rose by 20 bps to 24.64% in 2023, then declined by 8 bps to 22.6% in 2024, then retreated by 2 bps to 22.25% in 2025, then advanced by 3 bps to 22.83% in 2026.
- The last three Return on Capital Employed figures came in at 22.83% (Q1 2026), 22.25% (Q4 2025), and 22.42% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 14.71% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 24.19% |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 52.50% |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 10.29% |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 14.06% |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 3.91% |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 17.54% |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 81.97% |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 4.69% |
| 10 | Mcdonalds | 198,669.08 | -1.17 Bn | 5.84 Bn | 22.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.83% |
| Dec 31, 2025 | 22.25% |
| Sep 30, 2025 | 22.42% |
| Jun 30, 2025 | 22.25% |
| Mar 31, 2025 | 22.46% |
| Dec 31, 2024 | 22.60% |
| Sep 30, 2024 | 23.92% |
| Jun 30, 2024 | 23.45% |
| Mar 31, 2024 | 23.73% |
| Dec 31, 2023 | 24.64% |
| Sep 30, 2023 | 24.18% |
| Jun 30, 2023 | 23.09% |
| Mar 31, 2023 | 20.58% |
| Dec 31, 2022 | 20.52% |
| Sep 30, 2022 | 20.24% |
| Jun 30, 2022 | 20.20% |
| Mar 31, 2022 | 21.58% |
| Dec 31, 2021 | 21.02% |
| Sep 30, 2021 | 21.40% |
| Jun 30, 2021 | 20.27% |