McDonald’s Corporation (MCD)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	11,712,000	11,647,000	9,371,000	10,356,000	7,324,000
Revenue	US$ in thousands	25,920,000	25,494,000	23,182,600	23,222,900	19,207,800
Operating profit margin		45.19%	45.69%	40.42%	44.59%	38.13%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $11,712,000K ÷ $25,920,000K
= 45.19%

As of December 31, 2020, McDonald’s Corporation reported an operating profit margin of 38.13%. Over the subsequent years, the company's operating profit margin demonstrated a positive trend, reaching 44.59% by December 31, 2021. This improvement continued into the following years with margins of 40.42% by December 31, 2022, 45.69% by December 31, 2023, and 45.19% by December 31, 2024.

The increasing trend in operating profit margin suggests that McDonald’s has been effectively managing its operating expenses and generating higher revenues relative to its operating costs. This indicates improved operational efficiency and profitability for the company over the analyzed period. The steady uptrend in operating profit margin reflects positively on McDonald’s ability to run its core business activities profitably and optimize its resources effectively.