MCD
McDonald’s Corporation
NYSE: MCD · CONSUMER CYCLICAL · RESTAURANTS
$293.59
+1.21% today
Updated 2026-04-29
Market cap
$212.79B
P/E ratio
25.07
P/S ratio
7.91x
EPS (TTM)
$11.94
Dividend yield
2.37%
52W range
$279 – $340
Volume
3.2M
McDonald’s Corporation (MCD) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
4 of 8
Last 8 quarters
Avg EPS surprise
+0.1%
Last 4 quarters
Revenue YoY growth
+9.7%
Most recent quarter
EPS YoY growth
+10.2%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+1.6%
Last 3 reports
Positive reaction rate
67%
2 of 3 quarters
Largest single-day move
+3.1%
2025-08-06
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-11 | $3.12 | +2.3% | $325.97 | $332.08 | +1.9% |
| 2025-11-05 | $3.22 | -3.3% | $297.39 | $296.59 | -0.3% |
| 2025-08-06 | $3.19 | +1.3% | $298.77 | $307.91 | +3.1% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $3.05 | $3.12 | +2.3% | $7.01B | +9.7% |
| 2025-09-30 | $3.33 | $3.22 | -3.3% | $7.08B | +3.0% |
| 2025-06-30 | $3.15 | $3.19 | +1.3% | $6.84B | +5.4% |
| 2025-03-31 | $2.67 | $2.67 | +0.0% | $5.96B | -3.5% |
| 2024-12-31 | $2.86 | $2.83 | -1.0% | $6.39B | -0.3% |
| 2024-09-30 | $3.20 | $3.23 | +0.9% | $6.87B | +2.7% |
| 2024-06-30 | $3.07 | $2.97 | -3.3% | $6.49B | -0.1% |
| 2024-03-31 | $2.73 | $2.70 | -1.1% | $6.17B | — |
| 2023-12-31 | $2.83 | $2.95 | +4.2% | $6.41B | — |
| 2023-09-30 | $2.99 | $3.19 | +6.7% | $6.69B | — |
| 2023-06-30 | $2.79 | $3.17 | +13.6% | $6.50B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $13.39 | $29.0B | +8.0% | 28 | high |
| 2027 (E) | $14.57 | $30.7B | +5.8% | 28 | high |
| 2028 (E) | $15.65 | $32.4B | +5.4% | 28 | medium |
| 2029 (E) | $16.85 | $34.2B | +5.5% | 28 | medium |
| 2030 (E) | $18.15 | $36.0B | +5.5% | 28 | medium |
Frequently asked questions
Has McDonald’s Corporation beaten earnings estimates?
McDonald’s Corporation has beaten Wall Street EPS estimates in 4 of its last 8 quarterly reports, with an average EPS surprise of +0.1% over the last 4 quarters.
How does MCD stock react to earnings?
MCD stock has moved an average of +1.6% in the trading day following earnings over its last 3 reports, with positive reactions in 67% of those quarters.
What is McDonald’s Corporation's revenue growth rate?
McDonald’s Corporation reported year-over-year revenue growth of +9.7% in its most recent quarter, with EPS growing +10.2% year-over-year.
What is the expected EPS for MCD in 2026?
Analysts expect McDonald’s Corporation to report EPS of $13.39 for fiscal year 2026, on revenue of $29.0B, based on estimates from 28 analysts.