McDonald’s Corporation (MCD)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	20,744,000	20,718,600	18,819,800	18,977,000	15,211,400
Revenue	US$ in thousands	25,920,000	25,494,000	23,182,600	23,222,900	19,207,800
Gross profit margin		80.03%	81.27%	81.18%	81.72%	79.19%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $20,744,000K ÷ $25,920,000K
= 80.03%

The gross profit margin for McDonald's Corporation has shown relatively stable performance over the past five years. Starting at 79.19% on December 31, 2020, the margin increased to 81.72% by December 31, 2021, indicating improved efficiency in generating revenue after accounting for the cost of goods sold. In the subsequent years, the margin remained high, fluctuating slightly between 81.18% and 81.27% in 2022 and 2023, before experiencing a slight decrease to 80.03% by December 31, 2024. Overall, McDonald's has maintained a strong gross profit margin, demonstrating effective cost management and pricing strategies to preserve profitability within its operations.