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McDONALD’S CORPORATION FY 2025 10-K, explained in plain English

MCD · 10-K for the period ending December 31, 2025, filed February 24, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$26.9B
Gross margin— not reported
Operating income$12.4B
Net income$8.6B
Diluted EPS$11.95
Cash & equivalents$774.0M
Total assets$59.5B
Long-term debt$40.0B

Key takeaway

McDonald's returned approximately $7.1 billion to shareholders in 2025 through $5.1 billion in dividends and $2.0 billion in share buybacks.

🔒 4 more takeaways in the full analysis

Beneath the surface

Cash of only $774 million against $40.0 billion in long-term debt (and $40.1 billion total debt carrying amount) leaves the company heavily net-debt positioned, with total debt at 105% of total capitalization.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for MCD.

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