EBITDA for McDonald's (MCD)
According to McDonald's's latest reported financial statements, the company's current EBITDA (TTM) is $14.64B USD. 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 .
MCD
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$14.64B
YoY change
+4.9%
5Y CAGR
+9.9%
Peak year (2025)
$14.64B
Cumulative EBITDA
$262.21B
EBITDA history chart for McDonald's (MCD) from 1985 to 2025
EBITDA history table for McDonald's (MCD) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $14.64B | +4.9% | ||
| 2024 | $13.95B | +0.6% | ||
| 2023 | $13.86B | +27.1% | ||
| 2022 | $10.90B | -10.5% | ||
| 2021 | $12.18B | +33.7% | ||
| 2020 | $9.11B | -15.3% | ||
| 2019 | $10.76B | +4.7% | ||
| 2018 | $10.28B | -5.3% | ||
| 2017 | $10.86B | +17.2% | ||
| 2016 | $9.27B | +5.9% | ||
| 2015 | $8.75B | -8.8% | ||
| 2014 | $9.59B | -7.0% | ||
| 2013 | $10.32B | +2.3% | ||
| 2012 | $10.08B | +1.7% | ||
| 2011 | $9.92B | +13.7% | ||
| 2010 | $8.73B | +6.7% | ||
| 2009 | $8.18B | +3.7% | ||
| 2008 | $7.89B | +51.8% | ||
| 2007 | $5.20B | -7.9% | ||
| 2006 | $5.64B | +8.8% | ||
| 2005 | $5.19B | +9.5% | ||
| 2004 | $4.74B | +19.1% | ||
| 2003 | $3.98B | +25.8% | ||
| 2002 | $3.16B | -16.4% | ||
| 2001 | $3.78B | -8.7% | ||
| 2000 | $4.14B | -0.6% | ||
| 1999 | $4.17B | +6.8% | ||
| 1998 | $3.90B | +11.9% | ||
| 1997 | $3.49B | +4.8% | ||
| 1996 | $3.33B | +3.9% | ||
| 1995 | $3.20B | +15.0% | ||
| 1994 | $2.79B | +11.9% | ||
| 1993 | $2.49B | +5.9% | ||
| 1992 | $2.35B | +13.2% | ||
| 1991 | $2.08B | +4.3% | ||
| 1990 | $1.99B | +5.1% | ||
| 1989 | $1.90B | +13.8% | ||
| 1988 | $1.67B | +11.1% | ||
| 1987 | $1.50B | +29.3% | ||
| 1986 | $1.16B | +6.4% | ||
| 1985 | $1.09B | — |
EBITDA values are taken from McDonald's's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, McDonald's (MCD) EBITDA totalled $14.64B – 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.
$14.64B stands as the all-time-high annual EBITDA, posted in 2025, against a low of $1.09B during 1985.
Within Consumer Cyclical, McDonald's (MCD) ranks 5th among 8 peers we track. The peer median for EBITDA is $18.03B.
McDonald's EBITDA by Year
McDonald's EBITDA 2025: $14.64B
McDonald's EBITDA in 2025 was $14.64B, edged up 4.9% from 2024. This figure represents the highest annual value in the available history.
McDonald's EBITDA 2024: $13.95B
McDonald's EBITDA in 2024 was $13.95B, edged up 0.6% from 2023.
McDonald's EBITDA 2023: $13.86B
McDonald's EBITDA in 2023 was $13.86B, grew 27.1% from 2022.
McDonald's EBITDA 2022: $10.90B
McDonald's EBITDA in 2022 was $10.90B, declined 10.5% below 2021.
McDonald's EBITDA 2021: $12.18B
McDonald's EBITDA in 2021 was $12.18B.
See more financial history for McDonald's (MCD).
Sector peers — EBITDA
Companies in the same sector as McDonald's, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $182.67B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $165.34B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $24.29B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $11.76B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $10.69B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.22B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $8.55B | Consumer Cyclical |
Frequently asked questions
What is McDonald's's EBITDA?
- Latest reported EBITDA for McDonald's (MCD) is $14.64B (period ending December 31, 2025).
How has McDonald's EBITDA changed year-over-year?
- McDonald's (MCD) EBITDA changed +4.9% year-over-year on the latest annual filing.
What is the long-term growth rate of McDonald's EBITDA?
- McDonald's (MCD) EBITDA compound annual growth rate is +9.9% over the most recent 5 years available.
When did McDonald's EBITDA hit its highest annual value?
- McDonald's EBITDA reached its highest annual value of $14.64B in 2025.
What was McDonald's EBITDA in 2024?
- McDonald's (MCD) EBITDA in 2024 was $13.95B.
What was McDonald's EBITDA in 2025?
- McDonald's (MCD) EBITDA in 2025 was $14.64B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
MCD Overview
Company profile, financial tools, and key metrics
MCD Revenue Counter
Earns $852.52 every second. See per minute, hour, and day.
MCD Earnings Counter
Earns $271.53 per second net profit. See per minute, hour, and day.
MCD Economic Scale
Exceeds Mali's GDP. Compare with world economies.
MCD What If Invested
What if you had invested $1,000? See historical returns from any date.
MCD How It Makes Money
Discover visual breakdown of $26.89B in revenue — where it comes from and where it goes.
MCD Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
MCD Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
MCD Daily Price Character
Steady · 48.0% historical win rate (green days). Streaks & record days.
MCD Buybacks
0.94% TTM buyback yield. Shareholder yield & SBC comparison.
MCD Stock Split History
9 splits on record. Dates, ratios, and cumulative multiple.
MCD Dividend Profile
Yield: 2.50%. Safety: 6/8. See full history.
MCD Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
MCD Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.