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MCD

McDONALD’S CORPORATION

At today's price, McDONALD’S CORPORATION (MCD) is priced for +1.2% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+1.2% growth
Priced In
within-range

Key Takeaways

McDonald's runs an asset-light royalty model, collecting rent and fees on a franchised base that is 62% of revenue, and it has raised its dividend for 50 consecutive years. Capital return, not unit growth, is the core engine. Q1 2026 was the strongest revenue quarter in eight, up 9% to $6.52 billion, with global comparable sales up 3.8% and US up 3.9% on the McValue and Extra Value Meals relaunch. The price assumes continued steady compounding. At $278.75 (as of June 27, 2026) the relative-mul

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Institutional ownership

3,484 institutional managers reported holding MCD in 13F filings for the quarter ended 2026-03-31. Together they hold about 69% of the company; the top 10 hold 35%. 143 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 10.7M shares were sold short as of the 2026-06-15 count, about 1% of shares outstanding (2.4 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

MCD has cut its share count 4.1% over the past five years, spending $13.26B on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting); the current rate is $7.17 a share annually. Cash returned over the past three years: $13.62B in dividends and $7.28B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at MCD over the trailing three years. Absence is a fact about the company, not a signal. 22 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

MCD's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-03+0.8%-13.3%
2023-11-03+2.5%+7.9%
2024-02-23+0.1%-8.3%
2024-05-09+0.3%-4.9%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

MCD's latest 8-K filings: 2026-05-22 (items 5.07); 2026-05-07 (items 2.02, 9.01); 2026-02-11 (items 2.02, 9.01); 2026-02-10 (items 5.02, 9.01); 2025-11-05 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare MCD

MCD vs SBUX

Last analyzed: July 3, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.