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McDonald's (UKEX:MCD) Cyclically Adjusted Revenue per Share : ₴1,366.02 (As of Mar. 2024)


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What is McDonald's Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

McDonald's's adjusted revenue per share for the three months ended in Mar. 2024 was ₴344.290. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₴1,366.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, McDonald's's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of McDonald's was 9.60% per year. The lowest was 2.50% per year. And the median was 8.10% per year.

As of today (2024-06-11), McDonald's's current stock price is ₴10808.00. McDonald's's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₴1,366.02. McDonald's's Cyclically Adjusted PS Ratio of today is 7.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of McDonald's was 8.80. The lowest was 3.76. And the median was 6.29.


McDonald's Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for McDonald's's Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share Chart

McDonald's Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1,240.04 1,185.94

McDonald's Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,187.03 1,123.13 1,281.94 1,185.94 1,366.02

Competitive Comparison of McDonald's's Cyclically Adjusted Revenue per Share

For the Restaurants subindustry, McDonald's's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McDonald's's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, McDonald's's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where McDonald's's Cyclically Adjusted PS Ratio falls into.



McDonald's Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, McDonald's's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=344.29/131.7762*131.7762
=344.290

Current CPI (Mar. 2024) = 131.7762.

McDonald's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 292.939 100.560 383.876
201409 287.724 100.428 377.537
201412 273.953 99.070 364.395
201503 250.035 99.621 330.740
201506 274.892 100.684 359.782
201509 286.684 100.392 376.308
201512 279.149 99.792 368.617
201603 266.853 100.470 350.002
201606 291.333 101.688 377.534
201609 307.013 101.861 397.179
201612 294.483 101.863 380.962
201703 278.652 102.862 356.980
201706 299.178 103.349 381.470
201709 286.579 104.136 362.645
201712 269.151 104.011 340.999
201803 260.659 105.290 326.231
201806 275.567 106.317 341.556
201809 279.023 106.507 345.223
201812 281.364 105.998 349.791
201903 263.786 107.251 324.108
201906 285.109 108.070 347.652
201909 291.806 108.329 354.964
201912 291.154 108.420 353.875
202003 254.417 108.902 307.857
202006 203.562 108.767 246.624
202009 292.666 109.815 351.195
202012 286.650 109.897 343.719
202103 276.444 111.754 325.971
202106 317.155 114.631 364.590
202109 333.814 115.734 380.084
202112 323.942 117.630 362.901
202203 307.017 121.301 333.530
202206 312.217 125.017 329.098
202209 321.693 125.227 338.518
202212 326.129 125.222 343.199
202303 324.869 127.348 336.166
202306 358.475 128.729 366.961
202309 370.580 129.860 376.050
202312 356.595 129.419 363.089
202403 344.290 131.776 344.290

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


McDonald's  (UKEX:MCD) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

McDonald's's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10808.00/1366.02
=7.91

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of McDonald's was 8.80. The lowest was 3.76. And the median was 6.29.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


McDonald's Cyclically Adjusted Revenue per Share Related Terms

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


McDonald's (UKEX:MCD) Business Description

Industry
Address
110 North Carpenter Street, Chicago, IL, USA, 60607
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.

McDonald's (UKEX:MCD) Headlines

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