McDONALD’S CORPORATION (MCD) Operating margin 2016–2025
McDONALD’S CORPORATION (MCD) operating margin by fiscal year — reported operating income divided by reported revenue.
46.1%FY2025 · since FY2016: 31.5% → 46.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 46.1% | +0.9 pp |
| FY2024 | 45.2% | -0.5 pp |
| FY2023 | 45.7% | +5.3 pp |
| FY2022 | 40.4% | -4.2 pp |
| FY2021 | 44.6% | +6.5 pp |
| FY2020 | 38.1% | -4.3 pp |
| FY2019 | 42.5% | +1.0 pp |
| FY2018 | 41.5% | -0.4 pp |
| FY2017 | 41.9% | +10.4 pp |
| FY2016 | 31.5% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice