McDonald's Corp. (MCD)
Consumer · NYSE · US
Price as at 1 Sept 2026, 09:23 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
McDonald's Corp. trades at $263.54, which is 18% below the $310.00 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 81 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 22.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MCD dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.86 | 1 |
| 2023 | $6.23 | 4 |
| 2022 | $5.66 | 4 |
| 2021 | $5.25 | 4 |
| 2020 | $5.04 | 4 |
| 2019 | $4.73 | 4 |
| 2018 | $4.19 | 4 |
| 2017 | $3.83 | 4 |
| 2016 | $3.61 | 4 |
| 2015 | $3.44 | 4 |
| 2014 | $3.28 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
MCD earnings and analyst estimates
Recommendation mix, 34 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About McDonald's Corp.
McDonald's Corporation owns, operates, and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, frozen desserts, sundaes, soft serve cones, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates franchised restaurants under various structures, including conventional franchise, developmental license, or affiliate. McDonald's Corporation was founded in 1940 and is based in Chicago, Illinois.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
MCD passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
25 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Capital Research Global, Capital Research Global Investors$2.42B · 0.3% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$1.15B · 0.5% of book
- Andreas Halvorsen, VIKING GLOBAL INVESTORS LP$764.75M · 2.2% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$269.67M · 0.1% of book
- Ken Griffin, CITADEL ADVISORS LLC$194.62M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is McDonald's Corp. (MCD) undervalued?
Against our fair value estimate of $310.00, MCD at $263.54 is 18% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own MCD?
25 of the institutions we track reported a position in MCD in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is MCD's P/E ratio?
MCD trades at 22.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does McDonald's Corp. (MCD) pay a dividend?
Yes. McDonald's Corp. yields 2.69% at the current share price. It has paid $1.86 per share over the trailing twelve months. It has paid a dividend in each of the last 48 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its MCD data?
Fundamentals for MCD come from company filings and exchange data, as listed on NYSE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Sept 2026, 09:23 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for MCD, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.