McDonald's (XSWX:MCD) Pre-Tax Income: CHF8,873 Mil (TTM As of Mar. 2026)

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XSWX:MCD McDonald's Corp XSWX:MCD
73 GF Score
Price CHF216.90
GF Value CHF267.99
! 2 Warning Signs
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What is McDonald's Pre-Tax Income?

McDonald's XSWX:MCD +0.93% 73 Pre-Tax Income is CHF8,873 Mil as of Mar. 2026. GuruFocus rates XSWX:MCD with a GF Score™ of 73/100 and a GF Value™ of CHF267.99. The stock has 2 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. McDonald's's pretax income for the three months ended in Mar. 2026 was CHF2,001 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was CHF8,873 Mil. McDonald's's pretax margin was 39.01%.

During the past 13 years, McDonald's's highest Pretax Margin was 41.27%. The lowest was 27.89%. And the median was 37.55%.


McDonald's  (XSWX:MCD) Pre-Tax Income Explanation

McDonald's's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=2001.317/5130.834
=39.01%

During the past 13 years, McDonald's's highest Pretax Margin was 41.27%. The lowest was 27.89%. And the median was 37.55%.

* 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.


McDonald's Pre-Tax Income Related Terms


McDonald's Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for McDonald's's Pre-Tax Income 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.

McDonald's Pre-Tax Income Chart

McDonald's Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,406.80 7,289.77 9,099.43 9,223.60 8,683.82

McDonald's Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pre-Tax Income 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 2,058.79 2,326.57 2,347.70 2,197.05 2,001.32

XSWX:MCD vs SBUX, YUM, CMG: Pre-Tax Income Comparison

For the Restaurants subindustry, McDonald's's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, McDonald's's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where McDonald's's Pre-Tax Income falls into.


XSWX:MCD
73GF Score
McDonald's Corp XSWX:MCD
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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McDonald's Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

McDonald's's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=9876.779+1.594+-1260.696+65.346+0.79600000000028
=8,684

McDonald's's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2270.573+39.365+-314.92+5.511+0.78800000000024
=2,001

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF8,873 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of CHF8,873 Mil mean?
McDonald's (XSWX:MCD) has a Pre-Tax Income of CHF8,873 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on McDonald's and its competitors.
Is McDonald's' Pre-Tax Income too high?
McDonald's' current Pre-Tax Income is CHF8,873 Mil. Overall, McDonald's has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does McDonald's' Pre-Tax Income compare to SBUX and YUM?
McDonald's' Pre-Tax Income of CHF8,873 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Restaurants company?
A good Pre-Tax Income depends on the Restaurants industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on McDonald's and its competitors. McDonald's's current Pre-Tax Income is CHF8,873 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McDonald's stock overvalued right now?
McDonald's (XSWX:MCD) has a current Pre-Tax Income of CHF8,873 Mil. The stock's GF Value™ is CHF267.99, compared to a current price of CHF216.90 — trading 19.1% below its estimated fair value. The current Pre-Tax Income is CHF8,873 Mil. McDonald's' overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For McDonald's (XSWX:MCD), the current Pre-Tax Income is CHF8,873 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is McDonald's (XSWX:MCD) Overvalued in 2026?

Based on GuruFocus' analysis, McDonald's stock appears to be undervalued. The current stock price of CHF216.90 is trading 19.1% below its estimated GF Value™ of CHF267.99.

Key valuation signals for XSWX:MCD:

  • Pre-Tax Income: CHF8,873 Mil
  • GF Value™: CHF267.99 vs. price of CHF216.90 (19.1% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the XSWX:MCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


McDonald's Business Description

Address 110 North Carpenter Street, Chicago, IL, USA, 60607
McDonald's is the world's largest restaurant brand, with nearly $139 billion in systemwide sales across more than 45,000 restaurants and over 100 markets. The quick-service chain built its early reputation on speed, consistency, and affordable hamburgers, and today its global menu spans burgers, chicken, breakfast, and beverages that have helped popularize American fast-food cuisine worldwide. The firm derives the bulk of its revenue from franchise royalties and rent (about 62%), with the remainder stemming from company-operated restaurants across three segments: the United States (39% of systemwide sales), international operated markets (35%), and international developmental/licensed markets (26%).
73GF Score

Get the complete analysis for XSWX:MCD

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF216.90
Price
CHF267.99
GF Value