McDonald's (MCD) Financials

$126.9 B

Mkt cap, 23-May-2018

$5.8 B

Revenue Q3, 2017
Gross profit (Q3, 2017)2.8 B
Gross profit margin (Q3, 2017), %49%
Net income (Q3, 2017)1.9 B
EBIT (Q3, 2017)3.1 B
Cash, 31-Mar-20182.5 B

Revenue/Financials

Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

28.1 b27.4 b25.4 b24.6 b

Revenue growth, %

(2%)(7%)(3%)

Cost of goods sold

17.2 b17 b15.6 b14.4 b

Gross profit

10.9 b10.5 b9.8 b10.2 b

Gross profit Margin, %

39%38%39%41%

General and administrative expense

2.4 b2.5 b2.4 b2.4 b

Operating expense total

2.6 b2.5 b2.6 b2.5 b

EBIT

8.8 b7.9 b7.1 b7.7 b

EBIT margin, %

31%29%28%31%

Interest expense

521.9 m570.5 m638.3 m884.8 m

Pre tax profit

8.2 b7.4 b6.6 b6.9 b

Income tax expense

2.6 b2.6 b2 b2.2 b

Net Income

5.6 b4.8 b4.5 b4.7 b

Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

2.8 b2.1 b7.7 b1.2 b

Accounts Receivable

1.3 b1.2 b1.3 b1.5 b

Prepaid Expenses

807.9 m783.2 m558.7 m565.2 m

Inventories

123.7 m783.2 m100.1 m58.9 m

Current Assets

5.1 b4.2 b9.6 b4.8 b

PP&E

40.4 b39.1 b37.7 b34.4 b

Goodwill

2.9 b2.7 b2.5 b2.3 b

Total Assets

36.6 b34.3 b37.9 b31 b

Accounts Payable

1.1 b860.1 m874.7 m756 m

Current Liabilities

3.2 b2.7 b3 b3.5 b

Long-term debt

14.1 b15 b24.1 b25.9 b

Total Debt

14.1 b15 b24.1 b25.9 b

Common Stock

16.6 m16.6 m16.6 m16.6 m

Additional Paid-in Capital

6 b6.2 b6.5 b6.8 b

Retained Earnings

41.8 b43.3 b44.6 b46.2 b

Total Equity

16 b12.9 b7.1 b(2.2 b)

Debt to Equity Ratio

0.9 x1.2 x3.4 x-11.7 x

Debt to Assets Ratio

0.4 x0.4 x0.6 x0.8 x

Financial Leverage

2.3 x2.7 x5.4 x-14.1 x

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

2.7 b3.7 b2.8 b1.6 b4 b2.5 b3.3 b3.1 b2.3 b2.4 b2.4 b2.7 b2.5 b

Accounts Receivable

1.2 b1.3 b1.2 b1.1 b1.2 b1.1 b1.2 b1.3 b1.3 b1.3 b1.5 b1.6 b

Prepaid Expenses

756.6 m837.9 m645.4 m767.4 m692.8 m804.6 m485.7 m564.1 m595.1 m552 m597.5 m495.9 m

Inventories

106.2 m110.7 m105 m98.8 m102.3 m99.3 m93.7 m87.4 m90.5 m56.8 m56.7 m54.2 m

Current Assets

4.8 b5.9 b5.2 b3.6 b6 b4.5 b5.1 b5 b4.3 b5.9 b5.9 b4.8 b

PP&E

40.5 b41 b39.8 b37.6 b38.4 b37.9 b38.4 b37.8 b37.9 b34.5 b35.4 b36 b

Goodwill

2.9 b2.9 b2.8 b2.6 b2.6 b2.6 b2.6 b2.5 b2.5 b2.3 b2.3 b2.4 b

Total Assets

36.4 b37.8 b36 b32.2 b34.9 b33 b33.8 b33.1 b32.5 b32.1 b32.8 b32.6 b

Accounts Payable

828.1 m965.1 m847.3 m702 m840.1 m802.6 m654.5 m574.6 m852.2 m678.4 m536 m685.2 m

Dividends Payable

815.5 m772.9 m797.4 m

Current Liabilities

3.1 b3.4 b4.2 b2.8 b2.8 b3 b2.9 b2.7 b4.5 b3.2 b2.7 b3.7 b

Long-term debt

13.8 b14.9 b14.5 b14.3 b17.9 b18 b23.4 b26 b26 b27 b28.2 b28.4 b

Total Debt

13.8 b14.9 b14.5 b14.3 b17.9 b18 b23.4 b26 b26 b27 b28.2 b28.4 b

Common Stock

16.6 m16.6 m16.6 m16.6 m16.6 m16.6 m16.6 m16.6 m16.6 m16.6 m16.6 m16.6 m

Additional Paid-in Capital

6.1 b6.1 b6.2 b6.3 b6.4 b6.4 b6.1 b6.1 b6.7 b6.8 b6.9 b7 b

Retained Earnings

42.2 b42.7 b42.2 b43.3 b43.7 b44.2 b44.9 b45.3 b45 b46.7 b47.3 b47.6 b

Total Equity

16.1 b16.2 b13.6 b11.4 b10.6 b8.3 b3.9 b640 m(1.6 b)(2 b)(2 b)(3.5 b)

Debt to Equity Ratio

0.9 x0.9 x1.1 x1.3 x1.7 x2.2 x6 x40.6 x-16 x-13.3 x-14.1 x-8.2 x

Debt to Assets Ratio

0.4 x0.4 x0.4 x0.4 x0.5 x0.5 x0.7 x0.8 x0.8 x0.8 x0.9 x0.9 x

Financial Leverage

2.3 x2.3 x2.6 x2.8 x3.3 x4 x8.7 x51.8 x-20 x-15.8 x-16.4 x-9.4 x

Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

5.6 b4.8 b4.5 b4.7 b

Depreciation and Amortization

1.6 b1.6 b1.6 b1.5 b

Accounts Receivable

56.2 m27 m(180.6 m)(159 m)

Inventories

(44.4 m)(4.9 m)44.9 m28.1 m

Accounts Payable

(60.7 m)(74.7 m)(15 m)89.8 m

Cash From Operating Activities

7.1 b6.7 b6.5 b6.1 b

Cash From Investing Activities

(2.7 b)(2.3 b)(142 m)(981.6 m)

Long-term Borrowings

(695.4 m)(548.1 m)(1.1 b)(822.9 m)

Dividends Paid

(3.1 b)(3.2 b)(3.2 b)(3.1 b)

Cash From Financing Activities

(4 b)(4.6 b)735.3 m(11.3 b)

Net Change in Cash

462.6 m(720.8 m)5.6 b(6.3 b)

Interest Paid

532.7 m573.2 m640.8 m873.5 m

Income Taxes Paid

2.5 b2.4 b2 b2.4 b

Free Cash Flow

4.3 b4.1 b4.7 b4.2 b

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

1.2 b2.6 b3.7 b811.5 m2 b3.3 b1.1 b2.2 b3.5 b1.2 b2.6 b4.5 b

Depreciation and Amortization

410.4 m823.6 m1.2 b386.1 m778.3 m1.2 b383.7 m767 m1.1 b325.3 m664.8 m1 b

Cash From Operating Activities

1.9 b3.4 b5.2 b1.7 b3.2 b5.2 b1.7 b3 b5.2 b1.5 b2.8 b4.4 b

Cash From Investing Activities

(608.2 m)(1.2 b)(2 b)(349.2 m)(695.7 m)(1.1 b)(255.9 m)(459.6 m)(810.7 m)138.1 m(8.7 m)1.2 b

Long-term Borrowings

(1 b)(1.1 b)(213.5 m)(813.9 m)(819.6 m)(402.1 m)(403.5 m)(407.1 m)

Dividends Paid

(801.7 m)(1.6 b)(2.4 b)(816.3 m)(1.6 b)(2.4 b)(780.8 m)(1.5 b)(2.3 b)(770.6 m)(1.5 b)(2.3 b)

Cash From Financing Activities

(1.4 b)(1.3 b)(2.8 b)(1.6 b)(505.7 m)(3.5 b)(6 b)(7.1 b)(9.9 b)(587.2 m)(1.8 b)(4.6 b)

Net Change in Cash

(54.9 m)871.9 m27.1 m(443.1 m)1.9 b374.6 m(4.4 b)(4.6 b)(5.4 b)1.1 b1.1 b1.3 b

Free Cash Flow

1.3 b2.2 b3.4 b1.3 b2.4 b3.9 b1.3 b2.2 b4.1 b1.1 b2 b3.2 b
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Operating Metrics

Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Restaurants

35.49 k35.68 k35.86 k36.26 k36.29 k36.37 k36.41 k36.53 k36.47 k36.50 k36.62 k36.90 k36.91 k37.01 k36.98 k

Countries

120 119 119 119 119 119 119 119 120 120 120 120 120 120 120
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