McDonald's Corporation (MCD) Stock Price & Analysis
McDonald's Corporation (MCD) closed at USD 252.63 on Thursday, October 22, 2026, up 2.59% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 252.63; the Oct 22, 2026 session ranged USD 246.47–252.79 on volume of 5,071,355 shares. Market capitalization is —, with a 52-week range of USD 229.2–341.75 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:27 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MCD.md
Key facts (MCD)
- Last four reported quarters (through Jun 30, 2026): revenue $27.7B, net income $8.79B (31.7% margin), free cash flow $7.76B (SEC filings).
- 7 of 80 tracked superinvestors hold MCD (13F, Q2 2026 (1 investor on Q3 2026, filed early)): 0 new, 1 added, 3 reduced, 3 unchanged.
- Total return with dividends: 1Y -15.6% vs S&P 500 +14.9%; 5Y +19.0% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 3.38, revenue estimate $7.29B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MCD)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $23.2B | $23.2B | $25.5B | $25.9B | $26.9B | $27.7B |
| Operating income | $10.4B | $9.37B | $11.6B | $11.7B | $12.4B | $12.8B |
| Net income | $7.55B | $6.18B | $8.47B | $8.22B | $8.56B | $8.79B |
| EPS (diluted) | $10.04 | $8.33 | $11.56 | $11.39 | $11.95 | — |
| Free cash flow | $7.10B | $5.49B | $7.25B | $6.67B | $7.19B | $7.76B |
| Operating margin | 44.6% | 40.4% | 45.7% | 45.2% | 46.1% | 46.2% |
| Net margin | 32.5% | 26.6% | 33.2% | 31.7% | 31.9% | 31.7% |
| Revenue growth | +20.9% | -0.2% | +10.0% | +1.7% | +3.7% | — |
| Cash + short-term investments | $4.71B | $2.58B | $4.58B | $1.08B | $774M | — |
| Total debt | $35.6B | $35.9B | $39.3B | $38.4B | $40.7B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MCD)
P/E at fiscal year-ends: Dec 2025 25.6x, Dec 2024 25.4x, Dec 2023 25.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (MCD)
7 of 80 tracked investors hold MCD (1 investor on Q3 2026, filed early). Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change | Quarter |
|---|---|---|---|---|---|
| Viking Global | Viking Global Investors | 2.18% | $765M | Reduced -21.9% | Q2 2026 |
| Jensen Investment Management | 1.48% | $61.0M | Reduced -18.4% | Q2 2026 | |
| David Katz | Matrix Asset Advisors | 1.20% | $14.6M | Added +410.8% | Q3 2026 |
| Bill Gates | Gates Foundation Trust | 0.26% | $90.5M | Unchanged | Q2 2026 |
| Mairs & Power | Mairs & Power Funds | 0.03% | $3.8M | Reduced -1.7% | Q2 2026 |
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $1.7M | Unchanged | Q2 2026 |
| Thomas Russo | Gardner Russo & Quinn | <0.01% | $256K | Unchanged | Q2 2026 |
Analysts (MCD)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Citigroup | Target lowered | Buy | $305 → $295 |
| 2026-10-08 | Bernstein | Target lowered | Market Perform | $295 → $250 |
| 2026-10-06 | Keybanc | Target lowered | Overweight | $305 → $280 |
| 2026-10-05 | Wells Fargo | Target lowered | Overweight | $300 → $270 |
| 2026-10-05 | Guggenheim | Target lowered | Neutral | $290 → $250 |
| 2026-09-29 | JP Morgan | Target lowered | Overweight | $260 → $250 |
| 2026-09-28 | Melius Research | Target lowered | Sell | $250 → $230 |
| 2026-09-28 | Morgan Stanley | Target lowered | Equal-Weight | $308 → $297 |
| 2026-09-24 | BMO Capital | Target lowered | Outperform | $335 → $310 |
| 2026-09-24 | JP Morgan | Target lowered | Overweight | $280 → $260 |
| 2026-09-24 | Evercore ISI Group | Target lowered | Outperform | $320 → $300 |
| 2026-09-24 | RBC Capital | Target lowered | Sector Perform | $290 → $285 |
Total return (dividends reinvested) (MCD)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -15.6% | +19.0% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -15.6% | +3.5% |
| Volatility (annualized) | 19.6% | 18.1% |
| Max drawdown | -31.0% (Feb 2026→Oct 2026) | -30.7% (Feb 2026→Sep 2026) |
Companies that name MCD in their SEC reports
| Relationship to MCD | Company | Filing | Sentence |
|---|---|---|---|
| supplier | Lamb Weston Holdings, Inc. (LW) | 10-K Jul 24, 2026 | “Our largest customer, McDonald's Corporation, accounted for approximately 15%, 15%, and 14% of our consolidated net sales in fiscal 2026, 2025, and 2024, respectively.” |
| customer | Arcos Dorados Holdings Inc. (ARCO) | 20-F Apr 30, 2026 | “The Company's joint ventures in Argentina, Chile and Mexico operate as a joint venture under the traditional definition used within the McDonald's system for such business arrangements.” |
| partner | House of Doge Inc. (HODO) | 10-K Mar 31, 2026 | “Loyalty Cup," a Brag House tournament, in 2021 in collaboration with McDonald's and Coca-Cola, where college students from” |
| partner | Krispy Kreme, Inc. (DNUT) | 10-K Mar 6, 2026 | “During fiscal 2025, we recorded $39.4 million non-cash long-lived asset impairment charges and $37.0 million non-cash lease impairment and termination costs in response to management's updated forecasts and the termination of our Business Relationship Agreement with McDonald's USA, LLC ("McDonald's USA").” |
| supplier | GRAPHIC PACKAGING HOLDING CO (GPK) | 10-K Mar 2, 2026 | “Quick-service restaurant customers include Chick-fil-A, McDonald's, Wendy's, Panda Express, Dairy Queen, Chipotle, Panera and KFC.” |
| competitor | Yum China Holdings, Inc. (YUMC) | 10-K Feb 27, 2026 | “KFC's competitors in China are primarily western QSR brands such as McDonald's, Dicos and Burger King, and to a lesser extent, domestic QSR brands in China.” |
| supplier | PILGRIMS PRIDE CORP (PPC) | 10-K Feb 12, 2026 | “Our sales efforts are largely targeted towards the foodservice industry, principally chain restaurants and food processors, such as Chick-fil-A® and retail customers, including grocery store chains and wholesale clubs, such as Kroger®, Costco®, Publix® and H-E-B® in the U.S., chain restaurants such as McDonald's® and grocery store chains such as Sainsbury's, Tesco and Waitrose in the U.K. and Europe, and grocery s…” |
MCD analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $3.38 | $3.44 | -1.5% | $7.29B | 27 |
| Next quarter (ends Dec 2026) | $3.29 | $3.34 | -1.8% | $7.24B | 27 |
| Current fiscal year (ends Dec 2026) | $12.89 | $12.94 | -0.4% | $28.14B | 31 |
| Next fiscal year (ends Dec 2027) | $13.75 | $14.15 | -2.8% | $28.92B | 32 |
MCD options: expected move
Options price a move of about ±4.5% (±$11.40) by Nov 6, 2026, which includes earnings on Nov 4, 2026; the earnings reaction alone is priced at about ±2.7%.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 22.7% | ±2.7% |
| Nov 6, 2026 | 14 | 27.7% | ±4.5% |
| Nov 13, 2026 | 21 | 26.0% | ±5.2% |
| Nov 20, 2026 | 28 | 24.6% | ±5.6% |
| Nov 27, 2026 | 35 | 23.8% | ±6.1% |
| Dec 4, 2026 | 42 | 23.4% | ±6.7% |
| Dec 18, 2026 | 56 | 22.9% | ±7.3% |
| Jan 15, 2027 | 84 | 22.5% | ±8.7% |
30-day implied volatility 24.3% vs 22.9% realized over the last 30 trading days. Put/call ratio (volume) 0.43. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:27 UTC)
| Price | USD 252.63 |
|---|---|
| Change | ▲ 2.59% (up) |
| Previous Close | USD 252.63 |
| Open | USD 252.63 |
| Day Range | USD 246.47 – 252.79 |
| 52-Week Range | USD 229.2 – 341.75 |
| Volume | 5,071,355 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (MCD)
Nexqual's technical model rates MCD "NEUTRAL" based on 4 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:27 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 66.03 (neutral) |
| vs SMA50 | Above (USD 250.26) |
| MACD | -0.34 (negative) |
Earnings (MCD)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 3.38 |
| Revenue Estimate | $7.29B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 3.38 vs est 3.32 ▲ beat |
| 2026-03-31 | USD 2.83 vs est 2.74 ▲ beat |
| 2025-12-31 | USD 3.12 vs est 3.05 ▲ beat |
| 2025-09-30 | USD 3.22 vs est 3.33 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:27 UTC.
Financials & Fundamentals (MCD)
| Total Revenue | $27.70B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +3.70% |
| Gross Margin | +57.38% |
| Operating Margin | +46.48% |
| Profit Margin | +31.72% |
| Current Ratio | 1.08 |
| Total Cash | $822.00M |
| Total Debt | $54.60B |
Source: Nexqual, October 23, 2026 at 09:27 UTC.
Ownership (MCD)
| Insider Ownership | +0.26% |
|---|---|
| Institutional Ownership | +76.36% |
| Shares Outstanding | 707.64M |
| Float | 706.58M |
| Short % of Float | +2.17% |
Source: Nexqual, October 23, 2026 at 09:27 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SBUX | Starbucks Corporation | USD 101.91 | ▲ 2.86% |
| YUM | Yum! Brands, Inc. | USD 154.45 | ▲ 2.12% |
| CMG | Chipotle Mexican Grill, Inc. | USD 28.14 | ▲ 0.07% |
| QSR | Restaurant Brands International | USD 76.41 | ▲ 3.05% |
| DRI | Darden Restaurants, Inc. | USD 217.56 | ▲ 1.42% |
| YUMC | Yum China Holdings, Inc. | USD 44.76 | ▲ 0.67% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:27 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt