What is the current annual net margin of MCD?

As of today, MCD annual net margin is 31.85%

What is 1-year change in MCD annual net margin?

MCD annual net margin is up +0.41% year-over-year

What is 3-year change in MCD annual net margin?

MCD annual net margin is up +19.51% over the past 3 years

How far is MCD annual net margin from its all-time high?

MCD annual net margin is currently -4.12% below its historical high of 33.22% set on December 31, 2023

How does MCD annual net margin rank versus sector peers?

MCD annual net margin is higher than 99.44% of companies in Consumer Cyclical sector

When is MCD next annual earnings release?

The next annual earnings release for MCD is on February 11, 2027

What is the current quarterly net margin of MCD?

As of today, MCD quarterly net margin is 34.74%

What is MCD quarterly net margin most recent change?

MCD quarterly net margin was up +4.42% on September 30, 2026

What is 1-year change in MCD quarterly net margin?

MCD quarterly net margin is up +7.92% year-over-year

How far is MCD quarterly net margin from its all-time high?

MCD quarterly net margin is currently -7.83% below its historical high of 37.69% set on June 30, 2021

How does MCD quarterly net margin rank versus sector peers?

MCD quarterly net margin is higher than 98.92% of companies in Consumer Cyclical sector

When is MCD next earnings release?

The next earnings release for MCD is on February 11, 2027

MCD Net Margin History & Chart Since 1980

Annual Net Margin

31.85%0.13%+0.41%

December 31, 2025

Summary

Current Value: As of today, MCD annual net margin is 31.85%, up +0.41% on December 31, 2025
Historical Performance: MCD annual net margin is up +19.51% over the past 3 years, up +29.31% over the past 5 years
All-Time High Comparison: MCD annual net margin is currently -4.12% below its historical high of 33.22% set on December 31, 2023
3-Year Low Comparison: MCD annual net margin is +19.51% above its 3-year low of 26.65% reached on an earlier date
Sector Comparison: MCD annual net margin is higher than 99.44% of companies in Consumer Cyclical sector

Net Margin Chart

beforeafter

Performance

MCD Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	31.85%	+0.4%	+19.5%	+29.3%	+55.0%
Quarterly Net Margin	Sep 30, 26	34.74%	+7.9%	+0.3%	+0.2%	+65.2%
Price	Nov 10, 26	$282.17	-5.7%	+5.4%	+11.5%	+202.6%
PE Ratio	Nov 10, 26	22.32	-12.5%	-5.4%	-14.6%	+22.3%
Annual Revenue	Dec 31, 25	$26.89B	+3.7%	+16.0%	+40.0%	+11.7%
Annual Net Income	Dec 31, 25	$8.56B	+4.1%	+38.6%	+81.0%	+73.1%
Annual Gross Margin	Dec 31, 25	55.71%	-1.1%	-1.3%	+10.1%	+39.2%
Annual Operating Margin	Dec 31, 25	46.10%	+0.7%	+3.2%	+23.6%	+52.4%

Net Margin Highs

MCD Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	33.22%	Dec 31, 23	-4.1%
5Y	33.22%	Dec 31, 23	-4.1%
All	33.22%	Dec 31, 23	-4.1%

Net Margin Lows

MCD Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	26.65%	N/A	+19.5%
5Y	24.63%	N/A	+29.3%
All	6.44%	Dec 31, 02	+394.6%

Net Margin History

Year	Value	Change
2025	31.85%	+0.4%
2024	31.72%	-4.5%
2023	33.22%	+24.7%
2022	26.65%	-18.0%
2021	32.49%	+31.9%
2020	24.63%	-12.7%
2019	28.20%	+0.1%
2018	28.18%	+23.9%
2017	22.75%	+19.5%
2016	19.03%	+6.8%
2015	17.82%	+2.8%
2014	17.34%	-12.7%
2013	19.87%	+0.3%
2012	19.82%	-2.7%
2011	20.38%	-0.8%
2010	20.55%	+2.7%
2009	20.01%	+9.1%
2008	18.34%	+78.9%
2007	10.25%	-39.6%
2006	16.96%	+30.1%
2005	13.04%	+9.1%
2004	11.95%	+35.8%
2003	8.80%	+36.6%

Year	Value	Change
2002	6.44%	-41.5%
2001	11.01%	-20.7%
2000	13.88%	-5.5%
1999	14.69%	+17.7%
1998	12.48%	-13.3%
1997	14.40%	-2.2%
1996	14.72%	+1.0%
1995	14.57%	-1.0%
1994	14.71%	+0.7%
1993	14.61%	+8.7%
1992	13.44%	+6.5%
1991	12.62%	+6.0%
1990	11.91%	+0.6%
1989	11.84%	+2.1%
1988	11.60%	+3.4%
1987	11.22%	-0.8%
1986	11.31%	-1.7%
1985	11.51%	+1.1%
1984	11.39%	+1.8%
1983	11.19%	+3.0%
1982	10.86%	+3.1%
1981	10.53%	+5.6%
1980	9.97%	-

FAQ

What is the current annual net margin of MCD?: As of today, MCD annual net margin is 31.85%
What is 1-year change in MCD annual net margin?: MCD annual net margin is up +0.41% year-over-year
What is 3-year change in MCD annual net margin?: MCD annual net margin is up +19.51% over the past 3 years
How far is MCD annual net margin from its all-time high?: MCD annual net margin is currently -4.12% below its historical high of 33.22% set on December 31, 2023
How does MCD annual net margin rank versus sector peers?: MCD annual net margin is higher than 99.44% of companies in Consumer Cyclical sector
When is MCD next annual earnings release?: The next annual earnings release for MCD is on February 11, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

34.74%1.47%+4.42%

September 30, 2026

Summary

Current Value: As of today, MCD quarterly net margin is 34.74%, up +4.42% on September 30, 2026
Historical Performance: MCD quarterly net margin is up +7.92% year-over-year, up +0.35% over the past 3 years
All-Time High Comparison: MCD quarterly net margin is currently -7.83% below its historical high of 37.69% set on June 30, 2021
3-Year Low Comparison: MCD quarterly net margin is +14.16% above its 3-year low of 30.43% reached on March 31, 2026
Sector Comparison: MCD quarterly net margin is higher than 98.92% of companies in Consumer Cyclical sector

Performance

MCD Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	34.74%	+4.4%	+7.9%	+0.3%	+0.2%
Annual Net Margin	Dec 31, 25	31.85%	–	+0.4%	+19.5%	+29.3%
Price	Nov 10, 26	$282.17	+3.1%	-5.7%	+5.4%	+11.5%
PE Ratio	Nov 10, 26	22.32	+0.4%	-12.5%	-5.4%	-14.6%
Quarterly Revenue	Sep 30, 26	$7.16B	+0.8%	+1.1%	+6.9%	+15.4%
Quarterly Net Income	Sep 30, 26	$2.49B	+5.3%	+9.1%	+7.3%	+15.6%
Quarterly Gross Margin	Sep 30, 26	59.57%	+1.4%	+2.4%	+3.9%	+8.1%
Quarterly Operating Margin	Sep 30, 26	48.41%	+4.0%	+3.4%	+2.9%	+8.1%

Quarterly Net Margin Highs

MCD Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	34.74%	Sep 30, 26	at high
3Y	34.74%	Sep 30, 26	at high
5Y	35.56%	Jun 30, 23	-2.3%
All	37.69%	Jun 30, 21	-7.8%

Quarterly Net Margin Lows

MCD Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	30.43%	Mar 31, 26	+14.2%
3Y	30.43%	Mar 31, 26	+14.2%
5Y	19.49%	Mar 31, 22	+78.3%
All	-11.84%	Jun 30, 07	+393.4%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	34.74%	+4.4%
Jun 2026	33.27%	+9.3%
Mar 2026	30.43%	-1.4%
Dec 2025	30.87%	-4.1%
Sep 2025	32.19%	-2.2%
Jun 2025	32.92%	+5.0%
Mar 2025	31.36%	-0.7%
Dec 2024	31.57%	-3.8%
Sep 2024	32.81%	+5.3%
Jun 2024	31.16%	-0.4%
Mar 2024	31.27%	-1.8%
Dec 2023	31.83%	-8.1%
Sep 2023	34.62%	-2.6%
Jun 2023	35.56%	+16.4%
Mar 2023	30.56%	-4.9%
Dec 2022	32.12%	-4.8%
Sep 2022	33.75%	+62.4%
Jun 2022	20.78%	+6.6%
Mar 2022	19.49%	-28.5%
Dec 2021	27.27%	-21.3%
Sep 2021	34.67%	-8.0%
Jun 2021	37.69%	+25.6%
Mar 2021	30.00%	+15.7%
Dec 2020	25.92%	-20.3%
Sep 2020	32.53%	+153.0%
Jun 2020	12.86%	-45.2%
Mar 2020	23.48%	-18.9%
Dec 2019	28.96%	-0.9%
Sep 2019	29.22%	+4.2%
Jun 2019	28.04%	+6.1%
Mar 2019	26.44%	-3.5%
Dec 2018	27.41%	-10.1%
Sep 2018	30.49%	+9.1%
Jun 2018	27.95%	+4.4%
Mar 2018	26.76%	+104.6%
Dec 2017	13.08%	-60.0%
Sep 2017	32.73%	+41.9%
Jun 2017	23.06%	+7.8%
Mar 2017	21.40%	+8.1%
Dec 2016	19.79%	-0.3%
Sep 2016	19.85%	+13.8%
Jun 2016	17.44%	-6.3%
Mar 2016	18.61%	-2.2%
Dec 2015	19.02%	-3.9%
Sep 2015	19.79%	+6.9%
Jun 2015	18.51%	+35.9%
Mar 2015	13.62%	-18.4%
Dec 2014	16.70%	+9.2%
Sep 2014	15.29%	-20.8%
Jun 2014	19.31%	+7.4%
Mar 2014	17.98%	-8.7%
Dec 2013	19.69%	-5.3%
Sep 2013	20.79%	+5.5%
Jun 2013	19.71%	+2.5%
Mar 2013	19.23%	-4.2%
Dec 2012	20.08%	-1.3%
Sep 2012	20.34%	+4.4%
Jun 2012	19.48%	+0.7%
Mar 2012	19.35%	-4.1%
Dec 2011	20.18%	-4.0%
Sep 2011	21.03%	+3.0%
Jun 2011	20.42%	+3.2%
Mar 2011	19.78%	-1.1%
Dec 2010	19.99%	-9.2%
Sep 2010	22.02%	+6.8%
Jun 2010	20.62%	+6.1%
Mar 2010	19.43%	-4.6%
Dec 2009	20.37%	-2.3%
Sep 2009	20.85%	+7.6%
Jun 2009	19.37%	+0.4%
Mar 2009	19.29%	+8.9%
Dec 2008	17.71%	-6.8%
Sep 2008	19.01%	-3.0%
Jun 2008	19.60%	+16.3%
Mar 2008	16.85%	-23.9%
Dec 2007	22.13%	+30.1%
Sep 2007	17.01%	+243.7%
Jun 2007	-11.84%	-184.9%
Mar 2007	13.95%	+3.3%
Dec 2006	13.51%	-11.6%
Sep 2006	15.29%	+2.1%
Jun 2006	14.97%	+28.3%
Mar 2006	11.67%	+0.4%
Dec 2005	11.62%	-15.8%
Sep 2005	13.80%	+32.6%
Jun 2005	10.41%	-31.3%

Month	Value	Change
Mar 2005	15.16%	+90.9%
Dec 2004	7.94%	-49.7%
Sep 2004	15.80%	+26.5%
Jun 2004	12.49%	+7.4%
Mar 2004	11.63%	+321.4%
Dec 2003	2.76%	-77.3%
Sep 2003	12.15%	+10.5%
Jun 2003	11.00%	+14.7%
Mar 2003	9.59%	+208.7%
Dec 2002	-8.82%	-173.3%
Sep 2002	12.03%	-6.6%
Jun 2002	12.88%	+31.7%
Mar 2002	9.78%	+35.6%
Dec 2001	7.21%	-48.7%
Sep 2001	14.06%	+18.3%
Jun 2001	11.89%	+10.4%
Mar 2001	10.77%	-14.5%
Dec 2000	12.59%	-13.9%
Sep 2000	14.63%	-0.9%
Jun 2000	14.77%	+9.6%
Mar 2000	13.48%	-6.5%
Dec 1999	14.41%	-8.2%
Sep 1999	15.70%	+3.2%
Jun 1999	15.21%	+14.6%
Mar 1999	13.27%	+22.6%
Dec 1998	10.82%	-27.9%
Sep 1998	15.00%	+33.6%
Jun 1998	11.23%	-13.0%
Mar 1998	12.91%	-7.3%
Dec 1997	13.92%	-6.8%
Sep 1997	14.93%	-3.5%
Jun 1997	15.47%	+17.6%
Mar 1997	13.16%	-9.4%
Dec 1996	14.53%	-8.5%
Sep 1996	15.88%	+0.7%
Jun 1996	15.77%	+26.9%
Mar 1996	12.43%	-12.4%
Dec 1995	14.19%	-8.5%
Sep 1995	15.51%	+0.8%
Jun 1995	15.39%	+18.5%
Mar 1995	12.99%	-4.6%
Dec 1994	13.61%	-13.4%
Sep 1994	15.72%	-1.0%
Jun 1994	15.88%	+17.2%
Mar 1994	13.55%	-1.0%
Dec 1993	13.69%	-14.4%
Sep 1993	15.99%	+4.0%
Jun 1993	15.38%	+16.5%
Mar 1993	13.20%	+5.9%
Dec 1992	12.46%	-17.6%
Sep 1992	15.12%	+5.6%
Jun 1992	14.32%	+23.7%
Mar 1992	11.58%	-0.1%
Dec 1991	11.59%	-22.2%
Sep 1991	14.90%	+7.3%
Jun 1991	13.89%	+28.4%
Mar 1991	10.82%	-7.7%
Dec 1990	11.72%	-12.1%
Sep 1990	13.34%	+5.2%
Jun 1990	12.68%	+23.0%
Mar 1990	10.31%	-5.0%
Dec 1989	10.85%	-18.7%
Sep 1989	13.35%	+5.5%
Jun 1989	12.66%	+23.5%
Mar 1989	10.25%	-1.8%
Dec 1988	10.44%	-20.3%
Sep 1988	13.10%	+5.4%
Jun 1988	12.43%	+21.4%
Mar 1988	10.24%	-2.8%
Dec 1987	10.53%	-14.7%
Sep 1987	12.35%	+4.4%
Jun 1987	11.83%	+19.3%
Mar 1987	9.92%	-13.4%
Dec 1986	11.45%	-8.8%
Sep 1986	12.55%	+4.1%
Jun 1986	12.05%	+20.5%
Mar 1986	10.00%	-11.5%
Dec 1985	11.30%	-10.5%
Sep 1985	12.63%	+3.1%
Jun 1985	12.25%	+17.4%
Mar 1985	10.43%	+11.1%
Dec 1984	9.39%	-35.6%
Sep 1984	14.57%	+16.1%
Jun 1984	12.55%	+24.8%
Mar 1984	10.06%	-

FAQ

What is the current quarterly net margin of MCD?: As of today, MCD quarterly net margin is 34.74%
What is MCD quarterly net margin most recent change?: MCD quarterly net margin was up +4.42% on September 30, 2026
What is 1-year change in MCD quarterly net margin?: MCD quarterly net margin is up +7.92% year-over-year
How far is MCD quarterly net margin from its all-time high?: MCD quarterly net margin is currently -7.83% below its historical high of 37.69% set on June 30, 2021
How does MCD quarterly net margin rank versus sector peers?: MCD quarterly net margin is higher than 98.92% of companies in Consumer Cyclical sector
When is MCD next earnings release?: The next earnings release for MCD is on February 11, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

MCD Official Website www.mcdonalds.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/63908/000006390826000032/0000063908-26-000032-index.htm
MCD Profile on Yahoo Finance finance.yahoo.com/quote/MCD
MCD Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mcd