McDonald's Corporation Website

McDonald's Corporation

NYSE-MCD

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

21,076.5

18,865.3

22,872.8

22,854.2

25,178.1

25,425.1

Other Revenues, Total

—

—

—

—

287.9

342.5

350.1

328.4

315.6

332.6

Total Revenues

21,364.4

19,207.8

23,222.9

23,182.6

25,493.7

25,757.7

Total Revenues % Chg.

0.5%

-10.1%

20.9%

-0.2%

10%

6.5%

Cost of Goods Sold, Total

10,185

9,455.7

10,642.7

9,975.4

10,931.2

11,083.2

Gross Profit

11,179.4

9,752.1

12,580.2

13,207.2

14,562.5

14,674.5

Selling General & Admin Expenses, Total

1,966.9

2,245

2,377.8

2,492.2

2,435.2

2,526.2

Depreciation & Amortization

—

—

—

—

262.5

300.6

329.7

370.4

381.7

386.7

Other Operating Expenses

—

—

—

-4.7

-267.5

-285.4

-0.2

0.3

-1.7

Other Operating Expenses, Total

2,224.7

2,278.1

2,422.1

2,862.4

2,817.2

2,911.2

Operating Income

8,954.7

7,474

10,158.1

10,344.8

11,745.3

11,763.3

Interest Expense, Total

-1,121.9

-1,218.1

-1,185.8

-1,207

-1,360.8

-1,446.8

Interest And Investment Income

37

18

9

44

186

178

Net Interest Expenses

-1,084.9

-1,200.1

-1,176.8

-1,163

-1,174.8

-1,268.8

Income (Loss) On Equity Invest.

153.8

117.4

176.7

113.2

153.4

171.4

Currency Exchange Gains (Loss)

48

3

-37

134

19

-6

Other Non Operating Income (Expenses)

-14.8

13.8

-14.3

-516.6

31.3

11.3

EBT, Excl. Unusual Items

8,056.8

6,408.1

9,106.7

8,912.4

10,774.2

10,671.2

Restructuring Charges

—

—

—

—

-250

-242

Gain (Loss) On Sale Of Investments

—

—

—

—

—

-99

—

—

—

—

—

Gain (Loss) On Sale Of Assets

60.3

-267.4

21.2

-1,087

110

85

Asset Writedown

—

—

—

—

—

—

—

—

-112

-112

EBT, Incl. Unusual Items

8,018.1

6,140.7

9,127.9

7,825.4

10,522.2

10,402.2

Income Tax Expense

1,992.7

1,410.2

1,582.7

1,648

2,053.4

2,095.4

Earnings From Continuing Operations

6,025.4

4,730.5

7,545.2

6,177.4

8,468.8

8,306.8

Net Income

6,025.4

4,730.5

7,545.2

6,177.4

8,468.8

8,306.8

Net Income to Common Incl Extra Items

6,025.4

4,730.5

7,545.2

6,177.4

8,468.8

8,306.8

Net Income to Common Excl. Extra Items

6,025.4

4,730.5

7,545.2

6,177.4

8,468.8

8,306.8

Total Shares Outstanding

746.3

745.4

744.8

730.7

722.7

717.3

Weighted Avg. Shares Outstanding

758.1

744.6

746.3

736.5

727.9

722.9

Weighted Avg. Shares Outstanding Dil

764.9

750.1

751.8

741.3

732.3

726.9

EPS

7.9

6.4

10.1

8.4

11.6

11.5

EPS Diluted

7.9

6.3

10

8.3

11.6

11.4

EBITDA

10,572.6

9,225.4

12,026.2

12,215.4

13,723.5

13,770.5

Effective Tax Rate

24.9%

23%

17.3%

21.1%

19.5%

20.1%