McDonald's Cost of Goods Sold 2012-2026 | MCD

McDonald's annual/quarterly cost of goods sold history and growth rate from 2012 to 2026. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • McDonald's cost of goods sold for the quarter ending March 31, 2026 was $2.874B, a 9.74% increase year-over-year.
  • McDonald's cost of goods sold for the twelve months ending March 31, 2026 was $11.705B, a 5.46% increase year-over-year.
  • McDonald's annual cost of goods sold for 2025 was $11.45B, a 2.14% increase from 2024.
  • McDonald's annual cost of goods sold for 2024 was $11.21B, a 2.55% increase from 2023.
  • McDonald's annual cost of goods sold for 2023 was $10.931B, a 9.58% increase from 2022.
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McDonald's Annual Cost of Goods Sold
(Millions of US $)
2025 $11,450
2024 $11,210
2023 $10,931
2022 $9,975
2021 $10,643
2020 $9,456
2019 $10,185
2018 $10,425
2017 $12,200
2016 $14,417
2015 $15,624
2014 $16,986
2013 $17,203
2012 $16,751
2011 $16,319
McDonald's Quarterly Cost of Goods Sold
(Millions of US $)
2026-03-31 $2,874
2025-12-31 $2,977
2025-09-30 $2,973
2025-06-30 $2,881
2025-03-31 $2,619
2024-12-31 $2,710
2024-09-30 $2,998
2024-06-30 $2,772
2024-03-31 $2,730
2023-12-31 $2,753
2023-09-30 $2,828
2023-06-30 $2,766
2023-03-31 $2,584
2022-12-31 $2,517
2022-09-30 $2,426
2022-06-30 $2,416
2022-03-31 $2,616
2021-12-31 $2,748
2021-09-30 $2,770
2021-06-30 $2,668
2021-03-31 $2,456
2020-12-31 $2,534
2020-09-30 $2,513
2020-06-30 $2,036
2020-03-31 $2,373
2019-12-31 $2,561
2019-09-30 $2,585
2019-06-30 $2,567
2019-03-31 $2,473
2018-12-31 $2,652
2018-09-30 $2,547
2018-06-30 $2,614
2018-03-31 $2,611
2017-12-31 $2,675
2017-09-30 $2,937
2017-06-30 $3,341
2017-03-31 $3,247
2016-12-31 $3,471
2016-09-30 $3,677
2016-06-30 $3,679
2016-03-31 $3,590
2015-12-31 $3,835
2015-09-30 $4,024
2015-06-30 $4,007
2015-03-31 $3,758
2014-12-31 $4,098
2014-09-30 $4,306
2014-06-30 $4,397
2014-03-31 $4,184
2013-12-31 $4,350
2013-09-30 $4,413
2013-06-30 $4,319
2013-03-31 $4,121
2012-12-31 $4,224
2012-09-30 $4,298
2012-06-30 $4,200
2012-03-31 $4,029
2011-12-31 $4,109
2011-09-30 $4,260
2011-06-30 $4,180
Sector Industry Market Cap Revenue
Retail/Wholesale Retail - Food & Restaurants $217.286B $26.885B
McDonald's is a leading fast-food chain that currently operates more restaurants globally. The company mainly operates and franchises quick-service restaurants under the McDonald's brand. Majority of the company's restaurant worldwide are owned and operated by independent local business men as well as women. The company's revenues include sales by company-operated restaurants and fees from restaurants, which are managed by franchisees. The business is managed as a distinct geographic segment. The company had begun operating its results under a new organizational structure. U.S.- This is the company's largest segment. The segment remains unchanged despite the new organizational structure. International Operated segment - The segment comprises wholly-owned markets, or countries where the company operates. International Developmental Licensed Markets - The segment comprises primarily developmental license and affiliate markets in the McDonald's system. Corporate activities are also part of this segment.
Stock Name Country Market Cap PE Ratio
Starbucks (SBUX) United States $110.056B 48.54
Compass Group (CMPGY) United Kingdom $46.830B 0.00
Yum! Brands (YUM) United States $44.674B 26.74
Chipotle Mexican Grill (CMG) United States $44.400B 29.39
Restaurant Brands (QSR) United States $26.515B 20.76
Darden Restaurants (DRI) United States $22.035B 19.28
Yum China (YUMC) China $17.476B 19.83
Domino's Pizza Inc (DPZ) United States $12.305B 20.83
Aramark (ARMK) United States $11.265B 22.68
Texas Roadhouse (TXRH) United States $10.791B 26.88
CAVA (CAVA) United States $9.885B 157.30
Dutch Bros (BROS) United States $9.195B 87.31
Brinker (EAT) United States $6.756B 15.59
Wingstop (WING) United States $4.915B 44.09
Shake Shack (SHAK) United States $4.210B 75.28
Biglari Holdings (BH.A) $4.012B 32.61
Cheesecake Factory (CAKE) United States $2.949B 15.69
Mitchells & Butlers Plc (MBPFF) United Kingdom $2.039B 0.00
SSP Group (SSPPF) United Kingdom $1.996B 0.00
Arcos Dorados Holdings (ARCO) $1.791B 32.69
Wendy's (WEN) United States $1.312B 7.74
Papa John's (PZZA) United States $1.172B 24.92
J D Wetherspoon Plc (JDWPY) United Kingdom $1.007B 0.00
Super Hi Holding (HDL) Singapore $0.962B 21.14
BJ's Restaurants (BJRI) United States $0.793B 16.55
Biglari Holdings (BH) United States $0.748B 6.08
Sweetgreen (SG) United States $0.729B 0.00
First Watch Restaurant (FWRG) United States $0.707B 37.03
Kura Sushi USA (KRUS) United States $0.669B 0.00
Cracker Barrel Old Country Store (CBRL) United States $0.635B 34.21
Bloomin' Brands (BLMN) United States $0.505B 5.16
Dave & Buster's Entertainment (PLAY) United States $0.447B 0.00
Portillo's (PTLO) United States $0.436B 21.41
Nathan's Famous (NATH) United States $0.416B 19.56
El Pollo Loco Holdings (LOCO) United States $0.416B 14.02
DINE BRANDS GLOBAL, INC (DIN) United States $0.335B 5.88
Denny's (DENN) United States $0.322B 16.03
Jack In The Box (JACK) United States $0.218B 3.25
RCI Hospitality Holdings (RICK) United States $0.186B 20.14
MasterBeef Group (MB) Hong Kong, SAR China $0.097B 0.00
TH (THCH) China $0.067B 0.00
Red Robin Gourmet Burgers (RRGB) United States $0.062B 0.00
ONE Group Hospitality (STKS) United States $0.054B 0.00
GEN Restaurant (GENK) United States $0.049B 0.00
Noodles (NDLS) United States $0.048B 0.00
Rave Restaurant (RAVE) United States $0.033B 11.75
Happy City Holdings (HCHL) Hong Kong, SAR China $0.030B 0.00
Ark Restaurants (ARKR) United States $0.025B 0.00
Rocky Mountain Chocolate Factory (RMCF) United States $0.020B 0.00
FAT Brands (FATBB) United States $0.014B 0.00
Good Times Restaurants (GTIM) United States $0.013B 8.40
CCH Holdings (CCHH) $0.012B 0.00
BT Brands (BTBD) United States $0.010B 0.00
Twin Hospitality Group (TWNP) United States $0.007B 0.00
FAT Brands (FAT) United States $0.004B 0.00