McDonald's Corporation's Income Statement Analysis: Revenue to Profit Breakdown
McDonald's Corporation's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$23.22 B | $23.18 B | $25.50 B | $25.92 B | $26.89 B | $27.45 B |
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Cost of Revenue Direct cost of goods/services. |
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$10.64 B | $9.98 B | $10.93 B | $11.21 B | $11.57 B | $11.71 B |
Gross Profit Revenue minus cost of revenue. |
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$12.58 B | $13.21 B | $14.56 B | $14.71 B | $15.31 B | $15.74 B |
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Operating Expense
Costs to run business. |
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$2.22 B | $3.84 B | $2.92 B | $3.00 B | $2.92 B | $3.11 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$2.38 B | $2.49 B | $2.44 B | $2.41 B | $2.58 B | $2.66 B |
General and Administrative Corporate overhead costs. |
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- | - | - | - | - | - |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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-$153.60 M | $1.34 B | $482.00 M | $586.00 M | $332.00 M | $457.00 M |
Operating Income Profit from operations. |
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$10.36 B | $9.37 B | $11.65 B | $11.71 B | $12.40 B | $12.63 B |
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Net Interest Income
Interest income minus expense. |
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-$1.18 B | -$1.16 B | -$1.17 B | -$1.40 B | -$1.52 B | -$1.55 B |
Interest Income Income from investments. |
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$9.00 M | $44.00 M | $187.00 M | $103.00 M | $63.00 M | $53.00 M |
Interest Expense Cost of borrowing. |
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$1.19 B | $1.21 B | $1.36 B | $1.51 B | $1.58 B | $1.61 B |
Non-Operating Income (ex-Int) Income outside core operations. |
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$42.30 M | $339.00 M | -$236.00 M | -$139.00 M | -$75.00 M | -$87.00 M |
Total Other Income (Net) Net non-operating items. |
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-$1.23 B | -$1.55 B | -$1.13 B | -$1.37 B | -$1.50 B | -$1.52 B |
Income Before Tax Profit before taxes. |
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$9.13 B | $7.83 B | $10.52 B | $10.35 B | $10.90 B | $11.11 B |
Income Tax Expense Taxes on income. |
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$1.58 B | $1.65 B | $2.05 B | $2.12 B | $2.33 B | $2.43 B |
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Net Income
Final profit. |
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$7.55 B | $6.18 B | $8.47 B | $8.22 B | $8.56 B | $8.68 B |
Net Income From Continuing Operations Profit from core business. |
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$7.55 B | $6.18 B | $8.47 B | $8.22 B | $8.56 B | $8.68 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | -$1.00 M | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$10.11 | $8.39 | $11.63 | $11.45 | $11.99 | $12.17 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$10.04 | $8.33 | $11.56 | $11.39 | $11.95 | $12.13 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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746.30 M | 736.50 M | 727.90 M | 718.30 M | 714.19 M | 710.70 M |
Diluted Average Shares Outst. Shares including dilution. |
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751.80 M | 741.30 M | 732.30 M | 721.90 M | 714.20 M | 713.50 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$10.31 B | $9.03 B | $11.88 B | $11.85 B | $12.47 B | $12.72 B |
EBITDA Earnings before interest, tax, D&A. |
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$12.18 B | $10.90 B | $13.86 B | $13.95 B | $14.22 B | $14.92 B |
Depreciation and Amortization Non-cash expense for assets. |
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$1.87 B | $1.87 B | $1.98 B | $2.10 B | $1.75 B | $2.20 B |
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McDonald's Corporation's Assets vs Liabilities & Equity
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