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Q2 2026 earnings • released • EPS beat +1.77% • Revenue miss -0.37%
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MCD:NYSE
McDonald's Corp
$274.48
-0.64%
(-1.78) 1D
$274.35
-0.05% (-0.13)
After hours
Closed: Aug 7, 4:00:05 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for MCD...
Open
$274.51
High
$276.87
Low
$273.28
Mkt. cap
195.02B
Avg. vol.
4.85M
Volume
4.91M
Dividend
2.71%
Quarterly dividend
$1.86
Ex-dividend date
Jun 2, 2026
P/E ratio
22.29
52-wk high
$341.75
52-wk low
$260.96
EPS
$12.31
Beta
0.41
Shares outstanding
710.51M
No. of employees
150K
Open
$274.51
High
$276.87
Low
$273.28
Mkt. cap
195.02B
Avg. vol.
4.85M
Volume
4.91M
Dividend
2.71%
Quarterly dividend
$1.86
Ex-dividend date
Jun 2, 2026
P/E ratio
22.29
52-wk high
$341.75
52-wk low
$260.96
EPS
$12.31
Beta
0.41
Shares outstanding
710.51M
No. of employees
150K
News stories
From sources across the web
Profile
McDonald's Corporation is an American multinational fast-food restaurant chain. Founded in 1940 as a restaurant operated by brothers Richard and Maurice McDonald in San Bernardino, California, the company has grown into one of the world's largest restaurant chains. At the end of 2025, the McDonald's system comprised 45,356 restaurants in more than 100 countries, approximately 95% of which were operated by franchisees. The McDonald brothers introduced their streamlined food-production system, later known as the Speedee Service System, during the 1940s. The Golden Arches design was introduced in 1953. Businessman Ray Kroc became a McDonald's franchise agent in 1955 and opened a restaurant in Des Plaines, Illinois. He purchased the brothers' ownership stake in the company in 1961 and oversaw its domestic and international expansion. McDonald's generates revenue from sales at company-operated restaurants and from rent, royalties, and fees paid by franchisees. At the end of 2025, the company owned approximately 56% of the land and 80% of the restaurant buildings within its consolidated markets. Wikipedia
About McDonald's Corp
CEOChris Kempczinski
Employees150K
FoundedApr 15, 1955
HeadquartersChicago, Illinois, United States
SectorRestaurant
Website-
Analyst ratings
Based on 23 analysts giving stock ratings to MCD in the past 3 months
Buy
Buy
13
Hold
10
Sell
0
12-month forecast
Based on 23 Wall Street analysts offering 12 month price targets for MCD in the last 3 months.
Highest
Current $274.48
$390.00 (+42.09%)
Average
$317.52 (+15.68%)
Lowest
$280.00 (+2.01%)
Analyst
Recommendation
Action
Price target
Projected
Date
Danilo Gargiulo
Bernstein
Hold
Maintained
$295.00
+7.5%
08/05/2026
Katharina Schmenger
DZ BANK AG
Buy
Maintained
-
-
08/05/2026
Gregory Francfort
Guggenheim
Hold
Reiterated
$290.00
+5.7%
08/05/2026
David Palmer
Evercore ISI
Buy
Maintained
$320.00
+16.6%
08/05/2026
Georgy Vashchenko
Freedom Capital Markets
Buy
Upgraded
$305.00
+11.1%
08/05/2026
Brian Harbour
Morgan Stanley
Hold
Reiterated
$319.00
+16.2%
08/05/2026
Sara Senatore
Bank of America Securities
Hold
Reiterated
$343.00
+25%
08/05/2026
Dennis Geiger
UBS
Buy
Maintained
$340.00
+23.9%
08/05/2026
Andrew Strelzik
BMO Capital
Buy
Reiterated
$335.00
+22%
08/05/2026
Unknown Analyst
Robert W. Baird
Hold
Maintained
$285.00
+3.8%
08/05/2026
Jon Tower
Citi
Buy
Reiterated
$345.00
+25.7%
08/04/2026
Peter Saleh
BTIG
Buy
Maintained
$350.00
+27.5%
08/05/2026
Lauren Silberman
Deutsche Bank
Buy
Maintained
$345.00
+25.7%
08/05/2026
Eric Gonzalez
KeyBanc
Buy
Maintained
$305.00
+11.1%
08/05/2026
John Ivankoe
J.P. Morgan
Buy
Maintained
$280.00
+2%
08/05/2026
Andy Barish
Jefferies
Buy
Maintained
$350.00
+27.5%
08/05/2026
Christopher Carril
KeyBanc
Buy
Maintained
$305.00
+11.1%
08/05/2026
Andrew Charles
TD Cowen
Hold
Maintained
$300.00
+9.3%
08/04/2026
Brian Mullan
Piper Sandler
Hold
Maintained
$286.00
+4.2%
08/04/2026
Logan Reich
RBC Capital
Hold
Reiterated
$295.00
+7.5%
08/04/2026
Nick Setyan
Mizuho Securities
Hold
Maintained
$290.00
+5.7%
07/31/2026
Josh Wolfson
RBC Capital
Hold
Maintained
$305.00
+11.1%
07/28/2026
Ivan Feinseth
Tigress Financial
Buy
Reiterated
$390.00
+42.1%
07/17/2026
Zachary Fadem
Wells Fargo
Buy
Reiterated
$300.00
+9.3%
07/15/2026
Stephan Lingnau
Erste Group
Hold
Maintained
-
-
06/24/2026
Chris O`Cull
Stifel Nicolaus
Hold
Reiterated
$290.00
+5.7%
05/08/2026
Unknown Analyst
CFRA
Buy
Upgraded
-
-
05/08/2026
David Tarantino CFA
Robert W. Baird
Hold
Maintained
$305.00
+11.1%
05/07/2026
Jeff Bernstein
Barclays
Buy
Reiterated
$350.00
+27.5%
05/08/2026
Chris Luyckx
Rothschild & Co Redburn
Hold
Upgraded
$306.00
+11.5%
04/23/2026
Unknown Analyst
Raymond James
Hold
Reiterated
-
-
04/21/2026
Brian Bittner
Oppenheimer
Buy
Maintained
$355.00
+29.3%
04/06/2026
John Staszak
Argus Research
Buy
Upgraded
$380.00
+38.4%
02/13/2026
Last report
Aug 4, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
$3.38 / $3.32
+1.77%beat
Revenue / Est. (USD)
7.10B / 7.13B
-0.37%miss
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
7.08B
7.01B
6.52B
7.10B
Cost of goods sold
2.97B
2.98B
2.87B
2.98B
Cost of revenue
2.97B
2.98B
2.87B
2.98B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
664.00M
749.00M
648.00M
706.00M
Operating expense
785.00M
872.00M
759.00M
818.00M
Total operating expenses
3.76B
3.85B
3.63B
3.80B
Operating income
3.32B
3.16B
2.88B
3.30B
Other non operating income
5.00M
9.00M
-
10.00M
EBT including unusual items
2.95B
2.76B
2.54B
2.94B
EBT excluding unusual items
2.98B
2.77B
2.54B
2.96B
Income tax expense
671.00M
594.00M
559.00M
574.00M
Effective tax rate
22.75%
21.54%
21.99%
19.55%
Other operating expenses
-
-1.00M
-
1.00M
Net income
2.28B
2.16B
1.98B
2.36B
Net profit margin
32.18%
30.87%
30.43%
33.27%
Earnings per share
3.22
3.12
2.83
3.38
Interest and investment income
26.00M
19.00M
7.00M
11.00M
Interest expense
-406.00M
-410.00M
-400.00M
-409.00M
Net interest expenses
-380.00M
-391.00M
-393.00M
-398.00M
Depreciation and amortization charges
121.00M
124.00M
111.00M
111.00M
EBITDA
3.88B
3.74B
3.45B
3.87B
Gain or loss from assets sale
-
-149.00M
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
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