McDonald's

MCD

Consumer Discretionary

World's largest restaurant chain operating a franchise-heavy quick-service model.

2 articles about McDonald's

McDonald's Franchise Machine Deserves a Premium the Consumer Weakness Can't Erase

At 28x earnings with a 2.1% yield and $25.9 billion in revenue, McDonald's isn't just a restaurant chain — it's a real estate and franchise royalty business that generates cash through every economic cycle. Consumer weakness is a buying opportunity.

Apr 13, 2026

Capital AllocationMCD

The Chart That Explains McDonald's Entire Business Model

McDonald's generates $12.4 billion in operating income on $26.9 billion in revenue — a 46% margin driven by its franchise-heavy model. Four charts tell the story of the most efficient capital allocator in food service.

Apr 10, 2026