McDonald's (MCD) 10-K Summary — Year Ended Dec 31, 2023
The filing presents McDonald's annual report for the period ended December 31, 2023. Revenue increased compared to the prior year.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The filing presents McDonald's annual report for the period ended December 31, 2023. Revenue increased compared to the prior year.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$25.5B
Revenue reported for the fiscal year.
Operating income
$11.6B
Income from operations reported for the year.
Net income
$8.5B
Net income reported for the year.
Operating cash flow
$9.6B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $23.2B | n/a |
| Dec 31, 2022 | $23.2B | -0.2% |
| Dec 31, 2023 | $25.5B | +10.0% |
Business overview
The filing's business overview section describes the company's operations and strategic direction, though specific details are limited in the provided context.
Financial performance
Financial metrics indicate a rise in revenue and operating income in the most recent period. Operating cash flow was also reported.
Material risks
The filing includes a risk factors section that outlines material risks, but the specific risks are not detailed in the provided context.
Liquidity and capital
The management discussion and analysis addresses financial condition and capital resources, indicating how the company allocates capital.
What to watch
Monitor the next filing for changes in revenue trends and capital allocation strategies.