MCD McDonald's

FY2025 10-K
Filed: Feb 24, 2026
Consumer Discretionary
Retail-Eating PlacesSEC EDGAR

McDonald's (MCD) filed its fiscal year 2025 10-K annual report with the SEC on Feb 24, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Section 'business' was empty or not found.

Management Discussion & Analysis

  • Revenue $26.9B, up 4% YoY (2% constant currency); franchised revenues $16.5B up 5%, Company-owned sales $9.7B down 1%
  • Operating margin 46.1% vs 45.2% in 2024; non-GAAP operating margin 46.9% vs 46.3%
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Risk Factors

  • EU AI Act and U.S. state-level AI regulations creating compliance obligations around transparency, bias mitigation, and explainability for McDonald's expanding AI deployments
  • Governmental trade tariffs, sanctions, and foreign exchange controls across 100+ countries exposing System to supply disruption and anti-American sentiment-driven demand loss
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Financial Summary
XBRL

Revenue

$26.9B

Net Income

$8.6B

Operating Margin

46.1%

Net Margin

31.9%

ROE

-478.1%

Total Assets

$59.5B

EPS (Diluted)

$11.95

Operating Cash Flow

$10.6B

Source: XBRL data from McDonald's FY2025 10-K filing on SEC EDGAR. All figures in USD.

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