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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
—
Company details
Market cap
$191B
P/E ratio
22×
Div yield
2.8%
Dividend (TTM)
$7.44
Revenue
$26.9B
Systemwide sales
$139B
Restaurants
45,356
Rev. growth
+4%
In plain English
McDonald's is the world's largest restaurant company by systemwide sales — but it makes most of its money as a franchisor and landlord, not a burger cook. About 95% of its ~45,000 restaurants are run by independent franchisees who buy ingredients from McDonald's-approved suppliers and pay the company rent and royalties; McDonald's collects a steady, high-margin cut while owning much of the real estate underneath.
In simple terms
What McDonald's really sells
McDonald's is the world's largest restaurant company by systemwide sales — but it makes most of its money as a franchisor and landlord, not a burger cook. About 95% of its ~45,000 restaurants are run by independent franchisees who buy ingredients from McDonald's-approved suppliers and pay the company rent and royalties; McDonald's collects a steady, high-margin cut while owning much of the real estate underneath.
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