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McDonald's Corporation (MCD)
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McDonald's Corporation (MCD) PE Ratio: 23.41

Is McDonald's Corporation’s P/E ratio high or low?

McDonald's Corporation's P/E ratio of 23.41 is 14% below its 5-year average of 27.21, near the low end of its 5-year range (20.87–35.75).

The P/E ratio for McDonald's Corporation (MCD) is 23.41 as of Wednesday, June 10, 2026. It is below its 12-month average by 9.93% (25.99).

PE Ratio (23.41) = Close Price ($283.97) / Diluted TTM EPS ($12.13)

MCD PE Ratio Chart

MCD PE Ratio
23.41-11.73% 1Y
Zoom

MCD Average PE Ratio Chart

MCD Current vs Average PE Ratio Chart

MCD PE Ratio Metrics

PE RATIO

23.41

PE RATIO AVG TTM

25.99

PE RATIO AVG 3Y

25.72

PE RATIO AVG 5Y

27.21

PE RATIO AVG 10Y

26.89

PE RATIO AVG 15Y

24.33

PE RATIO AVG 20Y

22.94

CURRENT VS TTM AVG

-9.93%

CURRENT VS 3Y AVG

-8.99%

CURRENT VS 5Y AVG

-13.95%

CURRENT VS 10Y AVG

-12.95%

CURRENT VS 15Y AVG

-3.79%

CURRENT VS 20Y AVG

+2.05%

MCD Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
McDonald's Corporation (MCD)23.4125.9925.7227.21
The TJX Companies, Inc. (TJX)$184.59B32.5032.4429.1629.61
Alibaba Group Holding Limited (BABA)$271.17B18.7619.9717.8629.85
Booking Holdings Inc. (BKNG)$124.69B21.2131.7029.4966.72
Lowe's Companies, Inc. (LOW)$120.69B18.1920.1819.8119.56
Starbucks Corporation (SBUX)$112.74B74.9055.1836.8937.60
Marriott International, Inc. (MAR)$101.90B40.6533.0927.9639.61
The Home Depot, Inc. (HD)$318.93B22.7224.9223.9122.65
MercadoLibre, Inc. (MELI)$81.30B42.3751.7167.53163.27
Airbnb, Inc. (ABNB)$77.96B32.5131.6929.7737.11

P/E vs. its own history

At 23.4, P/E is in its normal range — richer than 48% of its 20-year range.

20-year low

13.2

median

23.7

20-year high

37.4

cheaperricher

P/E Comparison

Trailing P/E

23.4

Forward P/E

20.0

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$283.97

÷

Forward EPS (Est.)

$14.19

=

Forward P/E

20.01

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

McDonald's Corporation PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

McDonald's Corporation PE Ratio FAQ

What is the P/E ratio for McDonald's Corporation (MCD)?
The P/E ratio for MCD stock is 23.41.
Is McDonald's Corporation's P/E ratio high or low?
McDonald's Corporation's P/E ratio of 23.41 is 14% below its 5-year average of 27.21, near the low end of its 5-year range (20.87–35.75).
What is the TTM average P/E ratio for McDonald's Corporation (MCD)?
The TTM average P/E ratio for MCD stock is 25.99.
What is the 3Y average P/E ratio for McDonald's Corporation (MCD)?
The 3Y average P/E ratio for MCD stock is 25.72.
What is the 5Y average P/E ratio for McDonald's Corporation (MCD)?
The 5Y average P/E ratio for MCD stock is 27.21.
What is the 10Y average P/E ratio for McDonald's Corporation (MCD)?
The 10Y average P/E ratio for MCD stock is 26.89.
What is the 15Y average P/E ratio for McDonald's Corporation (MCD)?
The 15Y average P/E ratio for MCD stock is 24.33.
What is the 20Y average P/E ratio for McDonald's Corporation (MCD)?
The 20Y average P/E ratio for MCD stock is 22.94.

McDonald's Corporation PE Ratio History

DATEPE RATIO
2026-06-1023.41
2026-06-0923.27
2026-06-0822.90
2026-06-0523.07
2026-06-0422.48
2026-06-0322.53
2026-06-0222.78
2026-06-0122.76
2026-05-2923.02
2026-05-2822.92
2026-05-2723.16
2026-05-2623.02
2026-05-2223.27
2026-05-2123.43
2026-05-2023.11
2026-05-1923.15
2026-05-1823.29
2026-05-1522.79
2026-05-1422.67
2026-05-1322.73
2026-05-1222.66
2026-05-1122.64
2026-05-0822.73
2026-05-0723.39
2026-05-0623.77
2026-05-0523.86
2026-05-0423.77
2026-05-0123.99
2026-04-3024.57
2026-04-2924.27
2026-04-2824.47
2026-04-2724.29
2026-04-2425.05
2026-04-2325.32
2026-04-2225.11
2026-04-2125.26
2026-04-2025.69
2026-04-1726.06
2026-04-1625.69
2026-04-1525.63
2026-04-1425.37
2026-04-1325.48
2026-04-1025.58
2026-04-0925.90
2026-04-0825.69
2026-04-0725.51
2026-04-0625.92
2026-04-0225.70
2026-04-0125.71
2026-03-3126.01
2026-03-3025.82
2026-03-2725.60
2026-03-2625.85
2026-03-2526.08
2026-03-2425.76
2026-03-2325.81
2026-03-2025.85
2026-03-1925.91
2026-03-1826.42
2026-03-1727.31
2026-03-1627.33
2026-03-1327.32
2026-03-1227.11
2026-03-1127.21
2026-03-1027.44
2026-03-0927.68
2026-03-0627.45
2026-03-0527.40
2026-03-0427.76
2026-03-0327.80
2026-03-0228.02
2026-02-2728.54
2026-02-2627.99
2026-02-2527.87
2026-02-2427.87
2026-02-2328.55
2026-02-2028.09
2026-02-1927.91
2026-02-1827.98
2026-02-1727.95
2026-02-1327.95
2026-02-1228.33
2026-02-1127.58
2026-02-1027.81
2026-02-0927.78
2026-02-0627.91
2026-02-0527.60
2026-02-0427.62
2026-02-0327.26
2026-02-0227.18
2026-01-3026.88
2026-01-2926.92
2026-01-2826.69
2026-01-2726.80
2026-01-2626.70
2026-01-2326.39
2026-01-2226.11
2026-01-2126.08
2026-01-2025.84
2026-01-1626.23
2026-01-1526.33
2026-01-1426.29
2026-01-1326.40
2026-01-1226.17
2026-01-0926.22
2026-01-0826.35
2026-01-0725.95
2026-01-0625.83
2026-01-0525.59
2026-01-0225.88
2025-12-3126.08
2025-12-3026.28
2025-12-2926.33
2025-12-2626.51
2025-12-2426.73
2025-12-2326.52
2025-12-2226.98
2025-12-1926.95
2025-12-1827.27
2025-12-1727.19
2025-12-1626.83
2025-12-1527.20
2025-12-1227.02
2025-12-1126.43
2025-12-1026.50
2025-12-0926.52
2025-12-0826.43
2025-12-0526.56
2025-12-0426.33
2025-12-0326.26
2025-12-0225.66
2025-12-0125.90
2025-11-2826.61
2025-11-2626.66
2025-11-2526.49
2025-11-2426.02
2025-11-2126.40
2025-11-2025.95
2025-11-1925.83
2025-11-1825.99
2025-11-1726.02
2025-11-1426.20
2025-11-1326.24
2025-11-1226.19
2025-11-1126.18
2025-11-1025.52
2025-11-0725.57
2025-11-0625.46
2025-11-0526.08
2025-11-0425.64
2025-11-0325.40
2025-10-3125.57
2025-10-3025.92
2025-10-2925.91
2025-10-2826.26
2025-10-2726.56
2025-10-2426.20
2025-10-2326.30
2025-10-2226.57
2025-10-2126.35
2025-10-2026.37
2025-10-1726.40
2025-10-1626.16
2025-10-1526.16
2025-10-1426.10
2025-10-1325.72
2025-10-1025.45
2025-10-0925.18
2025-10-0825.23
2025-10-0725.39
2025-10-0625.37
2025-10-0325.79
2025-10-0225.70
2025-10-0125.75
2025-09-3026.04
2025-09-2925.96
2025-09-2626.16
2025-09-2525.90
2025-09-2426.08
2025-09-2325.98
2025-09-2225.96
2025-09-1925.91
2025-09-1825.80
2025-09-1726.13
2025-09-1625.99
2025-09-1525.88
2025-09-1226.17
2025-09-1126.43
2025-09-1026.22
2025-09-0926.78
2025-09-0826.80
2025-09-0526.94
2025-09-0427.16
2025-09-0327.11
2025-09-0227.06
2025-08-2926.87
2025-08-2826.75
2025-08-2726.69
2025-08-2626.82
2025-08-2526.86
2025-08-2226.91
2025-08-2126.84
2025-08-2026.83
2025-08-1926.64
2025-08-1826.45
2025-08-1526.47
2025-08-1426.47
2025-08-1326.14
2025-08-1225.85
2025-08-1126.08
2025-08-0826.17
2025-08-0726.38
2025-08-0626.36
2025-08-0526.37
2025-08-0426.85
2025-08-0126.73
2025-07-3126.48
2025-07-3026.80
2025-07-2926.71
2025-07-2826.41
2025-07-2526.34
2025-07-2425.99
2025-07-2326.31
2025-07-2226.41
2025-07-2126.10
2025-07-1826.22
2025-07-1726.51
2025-07-1626.38
2025-07-1526.44
2025-07-1426.64
2025-07-1126.47
2025-07-1026.34
2025-07-0925.86
2025-07-0825.74
2025-07-0725.91
2025-07-0325.96
2025-07-0226.00
2025-07-0126.26
2025-06-3025.79
2025-06-2725.73
2025-06-2625.21
2025-06-2525.20
2025-06-2425.73
2025-06-2325.55
2025-06-2025.37
2025-06-1825.56
2025-06-1725.80
2025-06-1626.15
2025-06-1326.65
2025-06-1226.76
2025-06-1126.63
2025-06-1026.52
2025-06-0926.90
2025-06-0627.13
2025-06-0527.27
2025-06-0427.50
2025-06-0327.57
2025-06-0227.60
2025-05-3027.70
2025-05-2927.53

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About McDonald's Corporation

McDonald's Corporation operates and licenses its renowned fast-food chain worldwide, with a significant presence in both the United States and international markets. Their comprehensive menu offers classic items like hamburgers and cheeseburgers, a variety of chicken options including sandwiches and nuggets, alongside lighter choices such as wraps, french fries, and salads. For breakfast, patrons can select from offerings like biscuit and bagel sandwiches, breakfast burritos, and hotcakes. Additionally, the company provides oatmeal, an assortment of desserts including milkshakes, sundaes, and soft-serve ice cream, plus a selection of baked goods. A wide array of soft drinks, coffee, and other beverages completes their offering. By December 31, 2021, the corporation's global network encompassed 40,031 establishments. McDonald's Corporation, founded in 1940, has its main corporate office located in Chicago, Illinois.

Chicago, IL
150,000 employees
Consumer Cyclical / Restaurants
Sector
Consumer Cyclical
Industry
Restaurants
CEO
Christopher J. Kempczinski