McDonald's | 10-K: FY2025 Annual Report

McDonald's Corporation reported solid financial performance for fiscal year 2025, with total revenues increasing 4% to $26.9 billion and global comparable sales rising 3.1%. Operating income grew 6% to $12.4 billion, while diluted earnings per share increased 5% to $11.95. The company's operating margin improved to 46.1% from 45.2% in the previous year.The company continued to expand its global footprint, opening nearly 2,300 new restaurants across the system. Digital engagement strengthened with loyalty programs now present in 70 markets. The U.S. segment saw comparable sales growth of 2.1%, while International Operated Markets and International Developmental Licensed Markets posted increases of 3.2% and 4.6% respectively.McDonald's generated strong cash flow with operations providing $10.6 billion, up 12% year-over-year. The company returned $7.1 billion to shareholders through dividends and share repurchases, including a 5% increase in the quarterly dividend to $1.86 per share. Capital expenditures of $3.4 billion were primarily directed toward new restaurant openings and reinvestment in existing locations.

McDonald's Corporation reported solid financial performance for fiscal year 2025, with total revenues increasing 4% to $26.9 billion and global comparable sales rising 3.1%. Operating income grew 6% to $12.4 billion, while diluted earnings per share increased 5% to $11.95. The company's operating margin improved to 46.1% from 45.2% in the previous year.The company continued to expand its global footprint, opening nearly 2,300 new restaurants across the system. Digital engagement strengthened with loyalty programs now present in 70 markets. The U.S. segment saw comparable sales growth of 2.1%, while International Operated Markets and International Developmental Licensed Markets posted increases of 3.2% and 4.6% respectively.McDonald's generated strong cash flow with operations providing $10.6 billion, up 12% year-over-year. The company returned $7.1 billion to shareholders through dividends and share repurchases, including a 5% increase in the quarterly dividend to $1.86 per share. Capital expenditures of $3.4 billion were primarily directed toward new restaurant openings and reinvestment in existing locations.