TTM
31.6%
YoY change
+0.13pp
Trough year (2002)
5.8%
Peak year (2023)
33.2%
Latest annual
31.9%
Net Profit Margin history chart for McDonald's (MCD) from 1985 to 2025
Latest: 31.9%
Net Profit Margin change chart for McDonald's (MCD) from 1985 to 2025
Latest: +0.13pp
Net Profit Margin history table for McDonald's (MCD) from 1985 to 2025
| 2025 | 31.9% | +0.13pp | ||
| 2024 | 31.7% | -1.49pp | ||
| 2023 | 33.2% | +6.57pp | ||
| 2022 | 26.6% | -5.84pp | ||
| 2021 | 32.5% | +7.86pp | ||
| 2020 | 24.6% | -3.57pp | ||
| 2019 | 28.2% | +0.33pp | ||
| 2018 | 27.9% | +5.12pp | ||
| 2017 | 22.8% | +3.72pp | ||
| 2016 | 19.0% | +1.21pp | ||
| 2015 | 17.8% | +0.48pp | ||
| 2014 | 17.3% | -2.54pp | ||
| 2013 | 19.9% | +0.05pp | ||
| 2012 | 19.8% | -0.55pp | ||
| 2011 | 20.4% | -0.17pp | ||
| 2010 | 20.5% | +0.54pp | ||
| 2009 | 20.0% | +1.67pp | ||
| 2008 | 18.3% | +7.83pp | ||
| 2007 | 10.5% | -6.45pp | ||
| 2006 | 17.0% | +3.35pp | ||
| 2005 | 13.6% | +1.36pp | ||
| 2004 | 12.3% | +3.67pp | ||
| 2003 | 8.6% | +2.78pp | ||
| 2002 | 5.8% | -5.21pp | ||
| 2001 | 11.0% | -2.88pp | ||
| 2000 | 13.9% | -0.81pp | ||
| 1999 | 14.7% | +2.21pp | ||
| 1998 | 12.5% | -1.92pp | ||
| 1997 | 14.4% | -0.32pp | ||
| 1996 | 14.7% | +0.14pp | ||
| 1995 | 14.6% | -0.14pp | ||
| 1994 | 14.7% | +0.10pp | ||
| 1993 | 14.6% | +1.17pp | ||
| 1992 | 13.4% | +0.60pp | ||
| 1991 | 12.8% | +0.76pp | ||
| 1990 | 12.1% | +0.25pp | ||
| 1989 | 11.8% | +0.23pp | ||
| 1988 | 11.6% | +0.38pp | ||
| 1987 | 11.2% | -0.36pp | ||
| 1986 | 11.6% | -0.14pp | ||
| 1985 | 11.7% | — |
- 202531.9%+0.13pp
- 202431.7%-1.49pp
- 202333.2%+6.57pp
- 202226.6%-5.84pp
- 202132.5%+7.86pp
- 202024.6%-3.57pp
- 201928.2%+0.33pp
- 201827.9%+5.12pp
- 201722.8%+3.72pp
- 201619.0%+1.21pp
- 201517.8%+0.48pp
- 201417.3%-2.54pp
- 201319.9%+0.05pp
- 201219.8%-0.55pp
- 201120.4%-0.17pp
- 201020.5%+0.54pp
- 200920.0%+1.67pp
- 200818.3%+7.83pp
- 200710.5%-6.45pp
- 200617.0%+3.35pp
- 200513.6%+1.36pp
- 200412.3%+3.67pp
- 20038.6%+2.78pp
- 20025.8%-5.21pp
- 200111.0%-2.88pp
- 200013.9%-0.81pp
- 199914.7%+2.21pp
- 199812.5%-1.92pp
- 199714.4%-0.32pp
- 199614.7%+0.14pp
- 199514.6%-0.14pp
- 199414.7%+0.10pp
- 199314.6%+1.17pp
- 199213.4%+0.60pp
- 199112.8%+0.76pp
- 199012.1%+0.25pp
- 198911.8%+0.23pp
- 198811.6%+0.38pp
- 198711.2%-0.36pp
- 198611.6%-0.14pp
- 198511.7%—
Net Profit Margin 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 Net Profit Margin at McDonald's (MCD)
According to McDonald's's latest reported financial statements, the company's latest reported net margin is 31.6%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, McDonald's (MCD) net margin totalled 31.85% – expanded 0.1 percentage points year-over-year.
2023 marks the peak net margin at 33.22%, with the historical low of 5.80% recorded in 2002.
McDonald's Net Profit Margin by Year
McDonald's Net Profit Margin 2025: 31.9%
2025's net margin for McDonald's came in at 31.85%, expanded 0.1 percentage points from 2024.
McDonald's Net Profit Margin 2024: 31.7%
McDonald's posted net margin of 31.72% in 2024, contracted 1.5 percentage points from 2023.
McDonald's Net Profit Margin 2023: 33.2%
In 2023, McDonald's reported net margin of 33.22%, expanded 6.6 percentage points from 2022. This figure represents the highest annual value in the available history.
McDonald's Net Profit Margin 2022: 26.6%
McDonald's net margin in 2022 was 26.65%, contracted 5.8 percentage points from 2021.
McDonald's Net Profit Margin 2021: 32.5%
McDonald's net margin in 2021 was 32.49%.
See more financial history for McDonald's (MCD).
Sector peers by Net Profit Margin
Consumer Cyclical peers of McDonald's (MCD), ranked by their latest net margin
| 22.2% | |
| 21.5% | |
| 12.2% | |
| 10.1% | |
| 9.4% | |
| 8.4% | |
| 7.5% | |
| 4.0% |
- 21.5%
- 12.2%
- 10.1%
- 8.4%
- 4.0%
Frequently asked questions
McDonald's (MCD) Key Financials
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