McDonald's (McDonald's) COGS-to-Revenue : 0.43 (As of Dec. 2023)

View and export this data going back to 1966. Start your Free Trial

What is McDonald's COGS-to-Revenue?

McDonald's's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,752 Mil. Its Revenue for the three months ended in Dec. 2023 was $6,406 Mil.

McDonald's's COGS to Revenue for the three months ended in Dec. 2023 was 0.43.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. McDonald's's Gross Margin % for the three months ended in Dec. 2023 was 57.04%.

McDonald's COGS-to-Revenue Historical Data

The historical data trend for McDonald's's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McDonald's COGS-to-Revenue Chart

McDonald's Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.48

0.49

0.46

0.43

McDonald's Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.42	0.44	0.43	0.42	0.43

McDonald's COGS-to-Revenue Calculation

McDonald's's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10931.2	/	25493.7
	=	0.43

McDonald's's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2752	/	6406.2
	=	0.43

McDonald's (NYSE:MCD) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

McDonald's's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2752 / 6406.2
	=	57.04 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

McDonald's COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of McDonald's's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

McDonald's (McDonald's) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » McDonald's Corp (NYSE:MCD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

MCD:Mexico 1MCD:Italy MDOd:UK 0R16:UK MDO0:Germany MDO:Germany MDO:Germany MDO:Germany MDO:Germany MCDS:Canada MCDC34:Brazil MCD:Austria MCD:Argentina

Address

110 North Carpenter Street, Chicago, IL, USA, 60607

Website

https://www.investor.mcdonalds.com

McDonald's is the largest restaurant owner-operator in the world, with 2022 system sales of $116 billion across more than 40,000 stores and 115 markets. McDonald's pioneered the franchise model, building its footprint through partnerships with independent restaurant franchisees and master franchise partners around the globe. The firm earns roughly 60% of its revenue from franchise royalty fees and lease payments, with most of the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets.

Executives

Heidi B Capozzi	officer: EVP - Chief People Officer	C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Joseph M. Erlinger	officer: President, McDonald's USA	MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Marion K. Gross	officer: EVP-Chief Supply Chain Officer	MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Christopher J Kempczinski	director, officer: President and CEO	THREE LAKES DRIVE, NORTHFIELD IL 60093
Brian S Rice	officer: EVP-Global Chief Info. Officer	7000 CARDINAL PLACE, DUBLIN OH 43017
Edith Morgan Flatley	officer: EVP - Global CMO	MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Ian Frederick Borden	officer: EVP & CFO	MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Enrique Jr Hernandez	director, other: Non-Exec Chairman of the Board	INTER-CON SECURITY SYSTEMS, INC., 210 SOUTH DELACEY AVENUE, PASADENA CA 91105
Desiree Ralls-morrison	officer: EVP, Chief Legal Off. and Sec.	C/O BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
Manuel Jm Steijaert	officer: EVP - Chief Customer Officer	110 NORTH CARPENTER STREET, CHICAGO IL 60607
Jo Sempels	officer: President, IDL	MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Catherine A. Hoovel	officer: SVP - Corporate Controller	MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Catherine M. Engelbert	director	110 NORTH CARPENTER STREET, CHICAGO IL 60607
Rogers John W Jr	director	ARIEL CAPITAL MANAGEMENT, INC., 200 EAST RANDOLPH DRIVE, SUITE 2900, CHICAGO IL 60601
Jennifer L Taubert	director	JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933