Market Summary
USD277.20-0.93
Market Closed-0.33%
MCD Stock Price
MCD RSI Chart
MCD Valuation
MCD Price/Sales (Trailing)
MCD Profitability
MCD Fundamentals
MCD Revenue
MCD Earnings
Price Action
52 Week Range
227.97299.35
(Low)(High)
Last 7 days
-1.6%
Last 30 days
-1.0%
Last 90 days
-5.5%
Trailing 12 Months
9.8%
MCD Financial Health
MCD Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for MCD
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-01 | CAPOZZI HEIDI B | sold | -194,388 | 282 | -688 | evp - chief people officer |
2023-08-31 | Rice Brian S | acquired | - | - | 4,051 | evp-global chief info. officer |
2023-08-31 | Rice Brian S | sold (taxes) | -390,798 | 281 | -1,390 | evp-global chief info. officer |
2023-08-31 | CAPOZZI HEIDI B | gifted | - | - | -354 | evp - chief people officer |
2023-08-25 | Flatley Edith Morgan | sold | -285,000 | 285 | -1,000 | evp - global cmo |
2023-08-23 | Erlinger Joseph M. | sold | -1,265,420 | 282 | -4,487 | president, mcdonald's usa |
2023-08-23 | Erlinger Joseph M. | acquired | 494,556 | 128 | 3,861 | president, mcdonald's usa |
2023-08-08 | Gross Marion K. | acquired | 284,670 | 94.89 | 3,000 | evp-chief supply chain officer |
2023-08-08 | Gross Marion K. | sold | -868,560 | 289 | -3,000 | evp-chief supply chain officer |
2023-07-21 | Erlinger Joseph M. | sold | -1,336,540 | 297 | -4,487 | president, mcdonald's usa |
Which funds bought or sold MCD recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-19 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | reduced | -3.13 | 345,501 | 10,543,600 | 4.41% |
2023-09-18 | CAPE ANN SAVINGS BANK | reduced | -5.15 | 25,150 | 2,067,980 | 1.38% |
2023-09-15 | CJM Wealth Advisers, Ltd. | added | 0.06 | 31,236 | 488,828 | 0.25% |
2023-09-14 | Proquility Private Wealth Partners, LLC | reduced | -2.32 | 42,033 | 1,029,520 | 0.40% |
2023-09-14 | IMS Capital Management | reduced | -0.63 | 53,696 | 941,957 | 0.52% |
2023-09-13 | CGC Financial Services, LLC | new | - | 84,748 | 84,748 | 0.06% |
2023-09-12 | DAVIDSON KEMPNER CAPITAL MANAGEMENT LP | reduced | -7.6 | -1,370,520 | 97,611,700 | 2.52% |
2023-09-12 | Farther Finance Advisors, LLC | added | 281 | 1,122,290 | 1,487,370 | 0.32% |
2023-09-12 | DCM Advisors, LLC | reduced | -1.26 | 180,580 | 3,540,930 | 1.52% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | added | 84.76 | 304,882 | 618,604 | 0.18% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of McDonald
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 9.31% | 68,178,100 | SC 13G/A | |
| Jan 31, 2023 | blackrock inc. | 7.0% | 51,567,805 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 8.83% | 65,964,993 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.1% | 52,918,755 | SC 13G/A | |
| Feb 16, 2021 | state street corp | 4.84% | 36,073,460 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 8.71% | 64,935,787 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 6.8% | 50,747,763 | SC 13G/A | |
| Feb 14, 2020 | state street corp | 5.20% | 39,183,337 | SC 13G | |
| Feb 12, 2020 | vanguard group inc | 8.98% | 67,684,574 | SC 13G/A | |
| Feb 05, 2020 | blackrock inc. | 7.1% | 53,525,375 | SC 13G/A |
Recent SEC filings of McDonald
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 20, 2023 | 4 | Insider Trading | |
| Sep 18, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 01, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 4 | Insider Trading | |
| Aug 25, 2023 | 4 | Insider Trading | |
| Aug 25, 2023 | 4 | Insider Trading | |
| Aug 24, 2023 | 8-K | Current Report | |
| Aug 23, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 15, 2023 | 8-K | Current Report | |
| Aug 10, 2023 | 424B2 | Prospectus Filed |
Peers (Alternatives to McDonald)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MCD | 202.2B | 24.2B | -1.01% | 9.78% | 25.29 | 8.36 | 2.54% | 31.52% |
SBUX | 109.0B | 35.0B | -1.35% | 6.56% | 28.82 | 3.11 | 9.48% | -9.22% |
CMG | 53.0B | 9.3B | 2.91% | 12.99% | 47.58 | 5.71 | 13.96% | 47.37% |
YUM | 39.0B | 7.0B | -1.36% | 10.74% | 31.81 | 5.62 | 4.67% | -4.12% |
DRI | 18.1B | 10.5B | -3.75% | 13.62% | 18.43 | 1.73 | 8.91% | 3.05% |
| MID-CAP | ||||||||
ARMK | 9.9B | 18.3B | 3.64% | 2.77% | 18.14 | 0.54 | 18.44% | 253.28% |
TXRH | 6.7B | 4.3B | -3.45% | 10.18% | 22.91 | 1.53 | 15.14% | 14.83% |
WING | 5.3B | 413.4M | 8.51% | 30.74% | 83.74 | 12.72 | 38.83% | 56.37% |
WEN | 4.4B | 2.2B | 0.63% | 4.26% | 22.81 | 2.02 | 9.62% | 6.94% |
SHAK | 2.4B | 991.4M | -11.81% | 22.67% | -325.41 | 2.4 | 19.26% | 68.50% |
| SMALL-CAP | ||||||||
PLAY | 1.6B | 2.2B | -9.03% | 2.29% | 11.2 | 0.72 | 38.20% | -10.10% |
RUTH | 690.3M | 516.6M | 0.51% | 24.04% | 17.45 | 1.34 | 10.39% | -9.21% |
CHUY | 629.2M | 442.3M | -6.29% | 48.62% | 23.81 | 1.42 | 7.34% | 4.10% |
BJRI | 598.5M | 1.3B | -15.41% | -3.01% | 33.75 | 0.44 | 12.03% | 449.26% |
DENN | 487.4M | 472.7M | -8.38% | -14.38% | 12.5 | 1.03 | 10.04% | -61.24% |
McDonald News
Returns for MCD
Cumulative Returns on MCD
14.0%
10-Year Cumulative Returns
15.7%
7-Year Cumulative Returns
13.3%
5-Year Cumulative Returns
10.0%
3-Year Cumulative Returns
Risks for MCD
What is the probability of a big loss on MCD?
19.2%
Probability that McDonald stock will be more than 20% underwater in next one year
18.5%
Probability that McDonald stock will be more than 30% underwater in next one year.
0%
Probability that McDonald stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does MCD drawdown profile look like?
Y-axis is the maximum loss one would have experienced if McDonald was unfortunately bought at previous high price.
Drawdowns
Financials for McDonald
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 3.3% | 24,194 | 23,415 | 23,183 | 23,265 | 23,594 | 23,764 | 23,223 | 22,528 | 21,744 | 19,618 | 19,208 | 19,243 | 19,327 | 20,976 | 21,285 | 21,099 | 20,966 | 20,910 | 21,025 | 21,202 | 21,588 |
| Costs and Expenses | -4.4% | 13,211 | 13,824 | 13,812 | 14,080 | 14,186 | 13,377 | 12,867 | 12,426 | 12,103 | 11,706 | 11,884 | 11,849 | 12,050 | 12,385 | 12,295 | 12,555 | 12,414 | 12,370 | 12,435 | 12,235 | 11,959 |
| S&GA Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,229 | 2,186 | 2,157 | 2,166 | 2,200 | 2,208 | 2,260 |
| Interest Expenses | 3.2% | 1,289 | 1,249 | 1,207 | 1,180 | 1,167 | 1,173 | 1,186 | 1,199 | 1,216 | 1,238 | 1,218 | 1,192 | 1,163 | 1,128 | 1,122 | 1,093 | 1,063 | 1,019 | 981 | 962 | 949 |
| Net Income | 16.3% | 7,998 | 6,875 | 6,177 | 5,913 | 6,081 | 7,112 | 7,545 | 7,284 | 6,896 | 5,161 | 4,731 | 4,926 | 4,771 | 5,804 | 6,025 | 5,869 | 5,898 | 5,877 | 5,924 | 5,208 | 5,454 |
| Net Income Margin | -100.0% | - | 0.29* | 0.27* | 0.25* | 0.26* | 0.30* | 0.32* | 0.32* | 0.32* | 0.26* | 0.25* | 0.26* | 0.25* | 0.28* | 0.28* | 0.28* | 0.28* | 0.28* | 0.28* | 0.25* | 0.25* |
| Free Cashflow | -100.0% | - | 5,673 | 5,488 | 5,794 | 6,008 | 7,078 | 7,102 | 6,652 | 7,085 | 5,316 | 4,624 | 4,252 | 3,441 | 5,287 | 5,728 | 5,209 | 5,238 | 4,638 | 4,225 | 4,056 | 3,556 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -3.0% | 50,442 | 52,014 | 50,436 | 48,502 | 49,248 | 50,878 | 53,854 | 52,727 | 51,893 | 51,103 | 52,627 | 50,699 | 49,939 | 50,568 | 47,511 | 45,805 | 46,200 | 46,467 | 32,811 | 34,054 | 32,708 |
| Current Assets | -27.3% | 4,945 | 6,799 | 5,424 | 5,741 | 4,919 | 4,656 | 7,149 | 6,796 | 5,701 | 5,468 | 6,243 | 6,736 | 6,609 | 7,557 | 3,558 | 3,605 | 3,915 | 4,964 | 4,053 | 5,553 | 4,356 |
| Cash Equivalents | -56.2% | 1,626 | 3,708 | 2,584 | 2,828 | 1,873 | 2,336 | 4,709 | 4,306 | 3,049 | 3,020 | 3,449 | 3,684 | 3,256 | 5,380 | 899 | 1,177 | 1,135 | 2,289 | 866 | 2,575 | 1,624 |
| Inventory | 1.7% | 52.00 | 52.00 | 52.00 | 43.00 | 43.00 | 50.00 | 56.00 | 50.00 | 48.00 | 45.00 | 51.00 | 44.00 | 43.00 | 39.00 | 50.00 | 43.00 | 44.00 | 41.00 | 51.00 | 42.00 | 50.00 |
| Net PPE | 1.0% | 24,102 | 23,859 | 23,774 | 22,698 | 23,335 | 24,435 | 24,721 | 24,429 | 24,620 | 24,550 | 24,958 | 24,218 | 23,830 | 23,596 | 24,160 | 23,325 | 23,504 | 23,284 | 22,843 | 22,614 | 22,361 |
| Goodwill | 1.3% | 2,969 | 2,931 | 2,900 | 2,651 | 2,722 | 2,814 | 2,783 | 2,744 | 2,778 | 2,746 | 2,773 | 2,716 | 2,672 | 2,627 | 2,677 | 2,542 | 2,581 | 2,318 | 2,332 | 2,345 | 2,347 |
| Current Liabilities | -20.6% | 3,674 | 4,625 | 3,802 | 3,486 | 3,480 | 4,235 | 4,020 | 5,096 | 3,935 | 4,580 | 6,181 | 6,280 | 7,246 | 3,988 | 3,621 | 4,276 | 3,240 | 3,380 | 2,974 | 3,627 | 2,970 |
| Short Term Borrowings | -100.0% | - | 524 | - | - | - | - | - | - | - | - | - | - | 1,000 | 1,000 | - | - | - | - | - | - | - |
| LT Debt, Current | - | - | - | - | - | - | - | - | 500 | 500 | 900 | 2,244 | 2,689 | 3,087 | 106 | 59.00 | - | - | - | - | - | 292 |
| LT Debt, Non Current | -2.4% | 35,710 | 36,604 | 35,904 | 34,866 | 34,577 | 33,989 | 35,623 | 34,628 | 34,923 | 34,823 | 35,197 | 35,143 | 34,676 | 38,047 | 34,118 | 32,850 | 32,654 | 32,892 | 31,075 | 31,895 | 30,688 |
| Retained Earnings | 2.0% | 61,437 | 60,235 | 59,544 | 58,752 | 57,785 | 57,614 | 57,535 | 55,898 | 55,739 | 54,483 | 53,908 | 53,493 | 52,661 | 53,107 | 52,931 | 51,360 | 51,563 | 50,929 | 50,487 | 49,076 | 49,107 |
| Additional Paid-In Capital | 1.2% | 8,736 | 8,636 | 8,547 | 8,460 | 8,379 | 8,307 | 8,232 | 8,126 | 8,046 | 7,959 | 7,904 | 7,855 | 7,780 | 7,714 | 7,654 | 7,620 | 7,550 | 7,439 | 7,376 | 7,257 | 7,195 |
| Accumulated Depreciation | 2.3% | 18,030 | 17,629 | 17,264 | 16,399 | 16,780 | 17,338 | 17,196 | 16,995 | 16,915 | 16,532 | 16,518 | 15,870 | 15,307 | 14,756 | 14,891 | 14,423 | 14,688 | 14,491 | 14,351 | 14,333 | 14,216 |
| Shares Outstanding | - | 730 | - | - | 735 | 738 | 743 | - | 747 | 747 | 746 | - | 745 | 744 | 745 | 749 | 757 | 762 | 765 | 770 | 773 | 780 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 13.8% | 8,729 | 7,674 | 7,387 | 7,852 | 8,036 | 9,151 | 9,142 | 8,468 | 8,790 | 6,843 | 6,265 | 6,162 | 5,509 | 7,648 | 8,122 | 7,744 | 7,929 | 7,342 | 6,967 | 6,564 | 5,778 |
| Share Based Compensation | 4.3% | 169 | 162 | 167 | 172 | 168 | 166 | 139 | 126 | 100 | 94.00 | 92.00 | 84.00 | 106 | 104 | 110 | 116 | 122 | 117 | 125 | 134 | 137 |
| Cashflow From Investing | -12.3% | -3,216 | -2,864 | -2,678 | -2,729 | -2,381 | -2,475 | -2,165 | -1,405 | -1,288 | -1,272 | -1,545 | -1,989 | -2,314 | -2,818 | -3,071 | -3,148 | -3,276 | -2,867 | -2,455 | -2,175 | -279 |
| Cashflow From Financing | -72.8% | -5,715 | -3,308 | -6,580 | -6,161 | -6,542 | -7,161 | -5,595 | -6,433 | -7,774 | -8,045 | -2,249 | -1,755 | -1,064 | -1,682 | -4,994 | -5,864 | -5,054 | -4,422 | -5,949 | -4,385 | -6,427 |
| Dividend Payments | 2.2% | 4,346 | 4,254 | 4,168 | 4,086 | 4,035 | 3,981 | 3,919 | 3,851 | 3,818 | 3,785 | 3,753 | 3,727 | 3,673 | 3,626 | 3,582 | 3,539 | 3,442 | 3,345 | 3,256 | 3,165 | 3,141 |
| Buy Backs | -15.5% | 2,506 | 2,968 | 3,896 | 4,210 | 3,359 | 2,331 | 846 | 44.00 | 27.00 | 27.00 | 908 | 2,351 | 3,818 | 4,883 | 4,976 | 4,458 | 4,031 | 4,571 | 5,208 | 5,029 | 6,070 |
MCD Income Statement
2023-06-30Condensed Consolidated Statement of Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Revenues | ||||
| Sales by Company-operated restaurants | $ 2,487.0 | $ 2,112.8 | $ 4,711.3 | $ 4,415.2 |
| Revenues from franchised restaurants | 3,933.3 | 3,526.8 | 7,520.8 | 6,789.6 |
| Other Revenues | 77.2 | 78.8 | 163.2 | 179.2 |
| Total revenues | 6,497.5 | 5,718.4 | 12,395.3 | 11,384.0 |
| Operating costs and expenses | ||||
| Company-operated restaurant expenses | 2,091.3 | 1,769.8 | 4,014.4 | 3,729.0 |
| Franchised restaurants-occupancy expenses | 618.2 | 588.6 | 1,216.5 | 1,172.6 |
| Other Restaurant Expenses | 57.0 | 57.9 | 119.8 | 130.2 |
| Selling, general & administrative expenses | ||||
| Depreciation and Amortization | 95.2 | 93.0 | 194.5 | 185.7 |
| Other Selling, General and Administrative Expense | 567.5 | 611.2 | 1,120.8 | 1,195.5 |
| Other operating (income) expense, net | (35.8) | 886.1 | 92.8 | 946.6 |
| Total operating costs and expenses | 3,393.4 | 4,006.6 | 6,758.8 | 7,359.6 |
| Operating income | 3,104.1 | 1,711.8 | 5,636.5 | 4,024.4 |
| Interest expense | 330.2 | 290.6 | 659.9 | 577.9 |
| Nonoperating (income) expense, net | (42.8) | 12.1 | (107.1) | 496.2 |
| Income before provision for income taxes | 2,816.7 | 1,409.1 | 5,083.7 | 2,950.3 |
| Provision for income taxes | 506.3 | 221.1 | 971.0 | 657.9 |
| Net income | $ 2,310.4 | $ 1,188.0 | $ 4,112.7 | $ 2,292.4 |
| Earnings per common share-basic | $ 3.17 | $ 1.61 | $ 5.63 | $ 3.10 |
| Earnings per common share-diluted | 3.15 | 1.60 | 5.60 | 3.08 |
| Dividends declared per common share | $ 1.52 | $ 1.38 | $ 3.04 | $ 2.76 |
| Weighted average shares outstanding-basic | 729.6 | 737.5 | 730.3 | 740.0 |
| Weighted average shares outstanding-diluted | 734.3 | 742.0 | 734.9 | 744.8 |
MCD Balance Sheet
2023-06-30Condensed Consolidated Balance Sheet - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash and equivalents | $ 1,625.6 | $ 2,583.8 |
| Accounts and notes receivable | 2,193.6 | 2,115.0 |
| Inventories, at cost, not in excess of market | 52.4 | 52.0 |
| Prepaid expenses and other current assets | 1,073.8 | 673.4 |
| Total current assets | 4,945.4 | 5,424.2 |
| Other assets | ||
| Investments in and advances to affiliates | 1,038.8 | 1,064.5 |
| Goodwill | 2,968.6 | 2,900.4 |
| Miscellaneous | 4,869.0 | 4,707.2 |
| Total other assets | 8,876.4 | 8,672.1 |
| Lease right-of-use asset, net | 12,518.7 | 12,565.7 |
| Property and equipment | ||
| Property and equipment, at cost | 42,131.0 | 41,037.6 |
| Accumulated depreciation and amortization | (18,029.5) | (17,264.0) |
| Net property and equipment | 24,101.5 | 23,773.6 |
| Total assets | 50,442.0 | 50,435.6 |
| Current liabilities | ||
| Accounts payable | 806.6 | 980.2 |
| Lease liability | 687.2 | 661.1 |
| Income taxes | 385.4 | 274.9 |
| Other taxes | 245.0 | 255.1 |
| Accrued interest | 342.8 | 393.4 |
| Accrued payroll and other liabilities | 1,206.7 | 1,237.4 |
| Total current liabilities | 3,673.7 | 3,802.1 |
| Long-term debt | 35,710.1 | 35,903.5 |
| Long-term lease liability | 12,074.2 | 12,134.4 |
| Long-term income taxes | 552.7 | 791.9 |
| Deferred revenues - initial franchise fees | 769.1 | 757.8 |
| Other long-term liabilities | 1,041.8 | 1,051.8 |
| Deferred income taxes | 1,619.5 | 1,997.5 |
| Shareholders' equity (deficit) | ||
| Preferred stock, no par value; authorized—165.0 million shares; issued—none | 0.0 | 0.0 |
| Common stock, $.01 par value; authorized—3.5 billion shares; issued—1,660.6 million shares | 16.6 | 16.6 |
| Additional paid-in capital | 8,735.8 | 8,547.1 |
| Retained earnings | 61,436.6 | 59,543.9 |
| Accumulated other comprehensive income (loss) | (2,455.6) | (2,486.6) |
| Common stock in treasury, at cost; 931.9 and 929.3 million shares | (72,732.5) | (71,624.4) |
| Total shareholders' equity (deficit) | (4,999.1) | (6,003.4) |
| Total liabilities and shareholders' equity (deficit) | $ 50,442.0 | $ 50,435.6 |
McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, wraps, fries, salads, oatmeal, shakes, desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches. As of December 31, 2021, the company operated 40,031 restaurants. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.