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McDonald's

Updated: Wikipedia source

McDonald's

McDonald's Corporation, doing business as McDonald's, is an American multinational fast food restaurant chain. As of 2024, it is the second-largest by number of locations in the world, behind the Chinese chain Mixue Ice Cream & Tea. Brothers Richard and Maurice McDonald founded McDonald's in San Bernardino, California, in 1940 as a hamburger stand. They soon franchised the company. The Golden Arches logo was introduced in 1953. In 1955, the businessman Ray Kroc joined McDonald's as a franchise agent; he bought the company in 1961. In the years since, it has expanded internationally. Today, McDonald's has more than 40,000 restaurant locations worldwide, with around one-quarter in the US. Other than food sales, McDonald's generates income through its ownership of 70% of restaurant buildings and 45% of the underlying land (which it leases to its franchisees). In 2018, McDonald's was the world's second-largest private employer after Walmart; most of its 1.7 million employees work in the restaurant's franchises. McDonald's bestselling licensed items are their French fries and Big Mac hamburgers; other fare includes cheeseburgers, chicken, fish, fruit, and salads. McDonald's has been criticized for its foods' nutrition, animal welfare and low worker wages.

Infobox

Total assets
US$56.15 billion (2023)
Number of locations
41,822 restaurants (2023)
Products
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Founded
May 15, 1940; 85 years ago (1940-05-15), in San Bernardino, California, United StatesApril 15, 1955; 70 years ago (1955-04-15)(McDonald's Corporation)
Headquarters
Chicago, Illinois, United States
Area served
Worldwide (119 countries)
Website
mcdonalds.comcorporate.mcdonalds.com
Traded as
mw- NYSE: MCDDJIA componentS&P 100 componentS&P 500 component
Key people
Chris Kempczinski (chairman & CEO)
Company type
Public
ISIN
US5801351017
Founders
Richard & Maurice McDonald (original restaurant chain)Ray Kroc(McDonald's Corporation)
Industry
Restaurant
Operating income
US$11.65 billion (2023)
Net income
US$8.469 billion (2023)
Number of employees
c. 150,000 (2023)
Total equity
−US$4.71 billion (2023)
Revenue
US$25.49 billion (2023)
Genre
Fast food

Tables

· Corporate overview › Business trends
2005
2005
Year
2005
Revenuein billion US$
19.1
Net incomein billion US$
2.6
Total assetsin billion US$
29.9
Employees(in thousands)
447
2006
2006
Year
2006
Revenuein billion US$
20.8
Net incomein billion US$
3.5
Total assetsin billion US$
28.9
Locations
31,046
Employees(in thousands)
465
2007
2007
Year
2007
Revenuein billion US$
22.7
Net incomein billion US$
2.3
Total assetsin billion US$
29.3
Locations
31,377
Employees(in thousands)
390
2008
2008
Year
2008
Revenuein billion US$
23.5
Net incomein billion US$
4.3
Total assetsin billion US$
28.4
Locations
31,967
Employees(in thousands)
400
2009
2009
Year
2009
Revenuein billion US$
22.7
Net incomein billion US$
4.5
Total assetsin billion US$
30.2
Locations
32,478
Employees(in thousands)
385
2010
2010
Year
2010
Revenuein billion US$
24.0
Net incomein billion US$
4.9
Total assetsin billion US$
31.9
Locations
32,737
Employees(in thousands)
400
2011
2011
Year
2011
Revenuein billion US$
27.0
Net incomein billion US$
5.5
Total assetsin billion US$
32.9
Locations
33,510
Employees(in thousands)
420
2012
2012
Year
2012
Revenuein billion US$
27.5
Net incomein billion US$
5.4
Total assetsin billion US$
35.3
Locations
34,480
Employees(in thousands)
440
2013
2013
Year
2013
Revenuein billion US$
28.1
Net incomein billion US$
5.5
Total assetsin billion US$
36.6
Locations
35,429
Employees(in thousands)
440
2014
2014
Year
2014
Revenuein billion US$
27.4
Net incomein billion US$
4.7
Total assetsin billion US$
34.2
Locations
36,258
Employees(in thousands)
420
2015
2015
Year
2015
Revenuein billion US$
25.4
Net incomein billion US$
4.5
Total assetsin billion US$
37.9
Locations
36,525
Employees(in thousands)
420
2016
2016
Year
2016
Revenuein billion US$
24.6
Net incomein billion US$
4.6
Total assetsin billion US$
31.0
Locations
36,899
Employees(in thousands)
375
2017
2017
Year
2017
Revenuein billion US$
22.8
Net incomein billion US$
5.1
Total assetsin billion US$
33.8
Locations
37,241
Employees(in thousands)
235
2018
2018
Year
2018
Revenuein billion US$
21.0
Net incomein billion US$
5.9
Total assetsin billion US$
32.8
Locations
37,855
Employees(in thousands)
210
2019
2019
Year
2019
Revenuein billion US$
21.0
Net incomein billion US$
6.0
Total assetsin billion US$
47.5
Locations
38,695
Employees(in thousands)
205
2020
2020
Year
2020
Revenuein billion US$
19.2
Net incomein billion US$
4.7
Total assetsin billion US$
52.6
Locations
39,198
Employees(in thousands)
200
2021
2021
Year
2021
Revenuein billion US$
23.2
Net incomein billion US$
7.5
Total assetsin billion US$
53.6
Locations
40,031
Employees(in thousands)
200
2022
2022
Year
2022
Revenuein billion US$
23.1
Net incomein billion US$
6.1
Total assetsin billion US$
50.4
Locations
40,275
Employees(in thousands)
150
2023
2023
Year
2023
Revenuein billion US$
25.4
Net incomein billion US$
8.4
Total assetsin billion US$
56.1
Locations
41,822
Employees(in thousands)
150
2024
2024
Year
2024
Revenuein billion US$
25.9
Net incomein billion US$
8.2
Total assetsin billion US$
55.1
Locations
43,477
Employees(in thousands)
150
Year
Revenuein billion US$
Net incomein billion US$
Total assetsin billion US$
Locations
Employees(in thousands)
Ref.
2005
19.1
2.6
29.9
447
2006
20.8
3.5
28.9
31,046
465
2007
22.7
2.3
29.3
31,377
390
2008
23.5
4.3
28.4
31,967
400
2009
22.7
4.5
30.2
32,478
385
2010
24.0
4.9
31.9
32,737
400
2011
27.0
5.5
32.9
33,510
420
2012
27.5
5.4
35.3
34,480
440
2013
28.1
5.5
36.6
35,429
440
2014
27.4
4.7
34.2
36,258
420
2015
25.4
4.5
37.9
36,525
420
2016
24.6
4.6
31.0
36,899
375
2017
22.8
5.1
33.8
37,241
235
2018
21.0
5.9
32.8
37,855
210
2019
21.0
6.0
47.5
38,695
205
2020
19.2
4.7
52.6
39,198
200
2021
23.2
7.5
53.6
40,031
200
2022
23.1
6.1
50.4
40,275
150
2023
25.4
8.4
56.1
41,822
150
2024
25.9
8.2
55.1
43,477
150
The ten largest shareholders of McDonald's on March 31, 2025[149] · Corporate overview › Ownership
The Vanguard Group
The Vanguard Group
Shareholder name
The Vanguard Group
Percentage
9.85%
BlackRock
BlackRock
Shareholder name
BlackRock
Percentage
7.35%
State Street Corporation
State Street Corporation
Shareholder name
State Street Corporation
Percentage
4.83%
JP Morgan Chase
JP Morgan Chase
Shareholder name
JP Morgan Chase
Percentage
5.25%
Geode Capital Management
Geode Capital Management
Shareholder name
Geode Capital Management
Percentage
2.31%
Bank of America
Bank of America
Shareholder name
Bank of America
Percentage
2.08%
Morgan Stanley
Morgan Stanley
Shareholder name
Morgan Stanley
Percentage
2.46%
Wellington Management Company
Wellington Management Company
Shareholder name
Wellington Management Company
Percentage
1.66%
Norges Bank (December 31, 2024)
Norges Bank (December 31, 2024)
Shareholder name
Norges Bank (December 31, 2024)
Percentage
1.31%
Others
Others
Shareholder name
Others
Percentage
66.17%
Shareholder name
Percentage
The Vanguard Group
9.85%
BlackRock
7.35%
State Street Corporation
4.83%
JP Morgan Chase
5.25%
Geode Capital Management
2.31%
Bank of America
2.08%
Morgan Stanley
2.46%
Wellington Management Company
1.66%
Norges Bank (December 31, 2024)
1.31%
Others
66.17%

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