McDonalds Corporation
MCD
$311.23 0.87%
Exchange: NYSE | Sector: Consumer Cyclical | Industry: Restaurants
Q4 2024
Published: Feb 25, 2025

Earnings Highlights

  • Revenue of $6.39B down 0.3% year-over-year
  • EPS of $2.80 decreased by 0.4% from previous year
  • Gross margin of 57.6%
  • Net income of 2.02B
  • ""In 2024, global comp sales decreased 0.1%...comp sales were down 1.4% in the US amidst the impact of the E. coli outbreak."" - Chris Kempczinski
MCD
McDonalds Corporation

Executive Summary

In Q4 2024, McDonald's Corporation reported revenues of $6.388 billion, reflecting a decrease of 0.28% year-over-year, primarily impacted by challenges in the U.S. market related to an E. coli outbreak which adversely affected the Company's operations. Adjusted earnings per share fell slightly to $2.83, down 4% compared to the prior year's constant currency figures, with net income recorded at $2.016 billion. While the full-year global comparable sales reflected a modest decline of 0.1%, the fourth quarter showed signs of improvement with a 0.4% increase in comparable sales, helped by strategic marketing efforts and value initiatives. Management remains cautiously optimistic about recovering sales momentum into 2025 due to targeted strategic actions and a focus on value, operational efficiency, and brand strength.

Key Performance Indicators

Revenue
Decreasing
6.39B
QoQ: -7.07% | YoY: -0.28%
Gross Profit
Increasing
3.68B
57.59% margin
QoQ: -5.08% | YoY: 0.68%
Operating Income
Increasing
2.87B
QoQ: -10.04% | YoY: 2.36%
Net Income
Decreasing
2.02B
QoQ: -10.60% | YoY: -1.13%
EPS
Decreasing
2.81
QoQ: -10.79% | YoY: -0.35%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2025 5,956.00 2.60 -3.5% View
Q4 2024 6,388.00 2.80 -0.3% View
Q3 2024 6,874.00 3.13 +2.7% View
Q2 2024 6,490.00 2.80 -0.1% View
Q1 2024 6,169.00 2.66 +4.6% View