# McDONALD’S CORPORATION (MCD) · Edgar & Edgarette company card

> McDONALD’s (MCD) grew revenue 3.7% in FY2025 to $26.9 billion, operating margin 46.1% against a 4.3% median for eating  places, equity -3.0% of assets, and dividend per share up 18 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 63908 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MCD) · [JSON](https://www.pops4.com/boards/company/MCD.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $26.9B |
| Revenue growth, 1 year | 3.7% |
| Revenue growth per year | 3.7% |
| Operating margin | 46.1% (prior year 45.2%) |
| Net margin | 31.9% |
| Operating cash flow | $10.6B |
| Capital spending | $3.4B |
| Free cash flow | $7.2B |
| Cash | $774M |
| Long-term debt | $40.7B |
| Total assets | $59.5B |
| Total equity | −$1.8B |
| Equity ÷ assets | -3.0% |
| Return on equity | — |
| Dividend per share | $7.17 |
| Dividend years rising | 18 |

## Readings, computed from those figures

- Altman Z: 5.2 (safe zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · liabilities exceed assets (often from years of share buybacks, not always distress)
- Cash Compass: Steady earner · steady and paying a dividend, with average cash

## Edgarette's reading

Exposure: revenue $26.9B (FY2025), total debt $40.7B. Experience: revenue up 3.7% on the year, up 3.7% a year over 4 years; operating margin 46.1%, up from 45.2%. Soundness: equity -3.0% of assets (liabilities exceed assets), payout 59.7% of profit, dividend per share up 18 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $25.2B and $29.3B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $23.6B to $31.1B. A statistical range, not company guidance. Against peers (31 filers, $50M+ revenue, retail-eating  places): operating margin 46.1% against a 4.3% median; growth 3.7% against 4.7%.

Range logged 2026-09-26, receipt ef227bcb25199ccb, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-08-04 ([filing](https://www.sec.gov/Archives/edgar/data/63908/000006390826000069/0000063908-26-000069-index.htm))

## Recent filings

- 8-K · filed 2026-09-23 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/63908/000006390826000076/0000063908-26-000076-index.htm)
- 10-Q · filed 2026-08-07 · [filing](https://www.sec.gov/Archives/edgar/data/63908/000006390826000073/0000063908-26-000073-index.htm)
- 8-K · filed 2026-08-04 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/63908/000006390826000069/0000063908-26-000069-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/63908/000006390826000067/0000063908-26-000067-index.htm)
- 8-K · filed 2026-05-22 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/63908/000006390826000055/0000063908-26-000055-index.htm)
- 10-Q · filed 2026-05-07 · [filing](https://www.sec.gov/Archives/edgar/data/63908/000006390826000051/0000063908-26-000051-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000063908.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=63908

## Cite

POPS4, Edgar & Edgarette: McDONALD’S CORPORATION (MCD) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/MCD. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.