McDonald’s Corporation (MCD)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	8,468,800	6,177,400	7,545,200	4,730,500	6,025,400
Total stockholders’ equity	US$ in thousands	-4,706,700	-6,003,400	-4,601,000	-7,824,900	-8,210,300
ROE		—	—	—	—	—

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $8,468,800K ÷ $-4,706,700K
= —

To calculate McDonald's Corp return on equity (ROE), we need to use the formula:

ROE = Net Income / Average Shareholders' Equity

Given the data provided in the table, we can calculate the ROE for each year by using the net income and average shareholders' equity figures. Without these specific figures, a detailed analysis of McDonald's Corp's ROE over the years cannot be provided.

ROE is a key financial ratio that measures a company's profitability and efficiency in generating returns for its shareholders. A high ROE typically indicates that a company is effectively using its shareholders' equity to generate profits, while a low ROE may suggest inefficiency or financial difficulties.

To gain deeper insights into McDonald's Corp's financial performance and to understand the trends in its ROE over the years, it is crucial to analyze the net income, shareholders' equity, and any other relevant financial metrics for each year in consideration.