TTM
$14.9B
YoY change
+4.9%
5Y CAGR
+9.9%
Peak year (FY2025)
$14.6B
Cumulative EBITDA
$266B
EBITDA history chart for McDonald's (MCD) from 2016 to 2025
Latest: $14.6B
EBITDA growth chart for McDonald's (MCD) from 2016 to 2025
Latest: +4.9%
EBITDA history table for McDonald's (MCD) from 1985 to 2025
| FY2025 | $14.6B | +4.9% | +$688M | ||
| FY2024 | $13.9B | +0.6% | +$87M | ||
| FY2023 | $13.9B | +27.1% | +$2.96B | ||
| FY2022 | $10.9B | -10.5% | -$1.28B | ||
| FY2021 | $12.2B | +33.7% | +$3.07B | ||
| FY2020 | $9.11B | -15.3% | -$1.65B | ||
| FY2019 | $10.8B | +4.7% | +$479M | ||
| FY2018 | $10.3B | -5.3% | -$579M | ||
| FY2017 | $10.9B | +17.2% | +$1.59B | ||
| FY2016 | $9.27B | +5.9% | +$518M | ||
| FY2015 | $8.75B | -8.8% | -$843M | ||
| FY2014 | $9.59B | -7.0% | -$725M | ||
| FY2013 | $10.3B | +2.3% | +$233M | ||
| FY2012 | $10.1B | +1.7% | +$164M | ||
| FY2011 | $9.92B | +13.7% | +$1.19B | ||
| FY2010 | $8.73B | +6.7% | +$551M | ||
| FY2009 | $8.18B | +3.7% | +$288M | ||
| FY2008 | $7.89B | +51.8% | +$2.69B | ||
| FY2007 | $5.2B | -7.9% | -$448M | ||
| FY2006 | $5.64B | +8.8% | +$456M | ||
| FY2005 | $5.19B | +9.5% | +$450M | ||
| FY2004 | $4.74B | +19.1% | +$759M | ||
| FY2003 | $3.98B | +25.8% | +$817M | ||
| FY2002 | $3.16B | -16.4% | -$620M | ||
| FY2001 | $3.78B | -8.7% | -$361M | ||
| FY2000 | $4.14B | -0.6% | -$26.7M | ||
| FY1999 | $4.17B | +6.8% | +$266M | ||
| FY1998 | $3.9B | +11.9% | +$416M | ||
| FY1997 | $3.49B | +4.8% | +$159M | ||
| FY1996 | $3.33B | +3.9% | +$125M | ||
| FY1995 | $3.2B | +15.0% | +$419M | ||
| FY1994 | $2.79B | +11.9% | +$296M | ||
| FY1993 | $2.49B | +5.9% | +$138M | ||
| FY1992 | $2.35B | +13.2% | +$274M | ||
| FY1991 | $2.08B | +4.3% | +$85M | ||
| FY1990 | $1.99B | +5.1% | +$96.9M | ||
| FY1989 | $1.9B | +13.8% | +$230M | ||
| FY1988 | $1.67B | +11.1% | +$167M | ||
| FY1987 | $1.5B | +29.3% | +$340M | ||
| FY1986 | $1.16B | +6.4% | +$69.4M | ||
| FY1985 | $1.09B | — | — |
- FY2025$14.6B+4.9%
- FY2024$13.9B+0.6%
- FY2023$13.9B+27.1%
- FY2022$10.9B-10.5%
- FY2021$12.2B+33.7%
- FY2020$9.11B-15.3%
- FY2019$10.8B+4.7%
- FY2018$10.3B-5.3%
- FY2017$10.9B+17.2%
- FY2016$9.27B+5.9%
- FY2015$8.75B-8.8%
- FY2014$9.59B-7.0%
- FY2013$10.3B+2.3%
- FY2012$10.1B+1.7%
- FY2011$9.92B+13.7%
- FY2010$8.73B+6.7%
- FY2009$8.18B+3.7%
- FY2008$7.89B+51.8%
- FY2007$5.2B-7.9%
- FY2006$5.64B+8.8%
- FY2005$5.19B+9.5%
- FY2004$4.74B+19.1%
- FY2003$3.98B+25.8%
- FY2002$3.16B-16.4%
- FY2001$3.78B-8.7%
- FY2000$4.14B-0.6%
- FY1999$4.17B+6.8%
- FY1998$3.9B+11.9%
- FY1997$3.49B+4.8%
- FY1996$3.33B+3.9%
- FY1995$3.2B+15.0%
- FY1994$2.79B+11.9%
- FY1993$2.49B+5.9%
- FY1992$2.35B+13.2%
- FY1991$2.08B+4.3%
- FY1990$1.99B+5.1%
- FY1989$1.9B+13.8%
- FY1988$1.67B+11.1%
- FY1987$1.5B+29.3%
- FY1986$1.16B+6.4%
- FY1985$1.09B—
EBITDA values are taken from McDonald's's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at McDonald's (MCD)
According to McDonald's's latest reported financial statements, the company's current EBITDA (TTM) is $14.9B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, McDonald's (MCD) EBITDA totalled $14.6B – edged up 4.9% year-over-year.
McDonald's EBITDA compound annual growth for the 2020–2025 (5 years) window is +9.9%, sustaining 3 straight years of year-over-year growth.
$14.6B stands as the all-time-high annual EBITDA, posted in 2025, against a low of $1.09B during 1985.
McDonald's EBITDA by Year
McDonald's EBITDA 2025: $14.6B
McDonald's posted EBITDA of $14.6B in 2025, edged up 4.9% from 2024. This figure represents the highest annual value in the available history.
McDonald's EBITDA 2024: $13.9B
In 2024, McDonald's reported EBITDA of $13.9B, edged up 0.6% from 2023.
McDonald's EBITDA 2023: $13.9B
McDonald's EBITDA in 2023 was $13.9B, grew 27.1% from 2022.
McDonald's EBITDA 2022: $10.9B
2022's EBITDA for McDonald's came in at $10.9B, declined 10.5% below 2021.
McDonald's EBITDA 2021: $12.2B
McDonald's EBITDA in 2021 was $12.2B.
See more financial history for McDonald's (MCD).
Sector peers by EBITDA
Consumer Cyclical peers of McDonald's (MCD), ranked by their latest EBITDA
| $165B | |
| $26.9B | |
| $24.3B | |
| $17.3B | |
| $11.8B | |
| $10.7B | |
| $9.22B | |
| $8.55B |
- $165B
- $26.9B
- $24.3B
- $17.3B
- $11.8B
- $10.7B
- $9.22B
- $8.55B
Frequently asked questions
McDonald's (MCD) Key Financials
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Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks0.89% TTM
- Dividend Profile2.71% yield
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- Stock Split History9 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.