Mcdonalds (MCD) Return on Invested Capital [ROIC] (2009 - 2026)
Mcdonalds' Return on Invested Capital [ROIC] came in at 25.90% for Q2 2026, up 0.33 percentage points from 25.57% a year earlier and up 0.14 percentage points from the prior quarter.
Mcdonalds (MCD) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Mcdonalds' Return on Invested Capital [ROIC] was 26.75%, up 0.69 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +6.45 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 26.06% in FY2024 (-2.04 pp), 28.10% in FY2023 (+3.81 pp), 24.28% in FY2022 (-3.95 pp) and 28.23% in FY2021 (+7.93 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Year-over-year, Return on Invested Capital [ROIC] increased in 1 of the last eight quarters, with an average year-over-year change of -1.31 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2021 (a gain of 9.18 percentage points), and the weakest in Q1 2023 (a drop of 3.55 percentage points).
- Business Quant data shows MCD's Return on Invested Capital [ROIC] at 25.76% (Q1 2026), 25.20% (Q4 2025) and 24.54% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 25.90% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 31.38% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 54.94% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | - |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 12.13% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 32.95% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 12.13% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 16.46% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 26.02% |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.90% |
| Mar 31, 2026 | 25.76% |
| Dec 31, 2025 | 25.20% |
| Sep 30, 2025 | 24.54% |
| Jun 30, 2025 | 25.57% |
| Mar 31, 2025 | 26.37% |
| Dec 31, 2024 | 26.97% |
| Sep 30, 2024 | 27.32% |
| Jun 30, 2024 | 28.14% |
| Mar 31, 2024 | 28.44% |
| Dec 31, 2023 | 27.96% |
| Sep 30, 2023 | 29.16% |
| Jun 30, 2023 | 28.42% |
| Mar 31, 2023 | 25.18% |
| Dec 31, 2022 | 25.42% |
| Sep 30, 2022 | 25.31% |
| Jun 30, 2022 | 26.27% |
| Mar 31, 2022 | 28.72% |
| Dec 31, 2021 | 28.31% |
| Sep 30, 2021 | 28.15% |
Mcdonalds Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MCD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MCD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();