McDonald's (PFTS:MCD) Shiller PE Ratio: (As of Sep. 13, 2026)

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What is McDonald's Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


McDonald's  (PFTS:MCD) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


McDonald's Shiller PE Ratio Related Terms


McDonald's Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for McDonald's's Shiller PE Ratio 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 Shiller PE Ratio Chart

McDonald's Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.24 33.74 34.87 31.34 30.44

McDonald's Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 29.98 30.57 30.44 30.07 25.47

PFTS:MCD vs SBUX, CMG, YUM: Shiller PE Ratio Comparison

For the Restaurants subindustry, McDonald's's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Restaurants Industry

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

* The bar in red indicates where McDonald's's Shiller PE Ratio falls into.



McDonald's Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

McDonald's's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, McDonald's's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.32/333.9520*333.9520
=3.320

Current CPI (Jun. 2026) = 333.9520.

McDonald's Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.500 241.428 2.075
201612 1.440 241.432 1.992
201703 1.470 243.801 2.014
201706 1.700 244.955 2.318
201709 2.320 246.819 3.139
201712 0.870 246.524 1.179
201803 1.720 249.554 2.302
201806 1.900 251.989 2.518
201809 2.100 252.439 2.778
201812 1.820 251.233 2.419
201903 1.720 254.202 2.260
201906 1.970 256.143 2.568
201909 2.110 256.759 2.744
201912 2.080 256.974 2.703
202003 1.470 258.115 1.902
202006 0.650 257.797 0.842
202009 2.350 260.280 3.015
202012 1.840 260.474 2.359
202103 2.050 264.877 2.585
202106 2.950 271.696 3.626
202109 2.860 274.310 3.482
202112 2.180 278.802 2.611
202203 1.480 287.504 1.719
202206 1.600 296.311 1.803
202209 2.680 296.808 3.015
202212 2.590 296.797 2.914
202303 2.450 301.836 2.711
202306 3.150 305.109 3.448
202309 3.170 307.789 3.439
202312 2.800 306.746 3.048
202403 2.660 312.332 2.844
202406 2.800 314.175 2.976
202409 3.130 315.301 3.315
202412 2.800 315.605 2.963
202503 2.600 319.799 2.715
202506 3.140 322.561 3.251
202509 3.180 324.800 3.270
202512 3.030 324.054 3.123
202603 2.780 330.213 2.811
202606 3.320 333.952 3.320

Add all the adjusted EPS together and divide 10 will get our E10.

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.


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%).