McDonald's (XSWX:MCD) Total Operating Expense: CHF2,488 Mil (TTM As of Mar. 2026)


XSWX:MCD McDonald's Corp XSWX:MCD
78 GF Score
Price CHF219.06
GF Value CHF264.62
! 2 Warning Signs
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What is McDonald's Total Operating Expense?

McDonald's XSWX:MCD 78 Total Operating Expense is CHF2,488 Mil as of Mar. 2026. GuruFocus rates XSWX:MCD with a GF Score™ of 78/100 and a GF Value™ of CHF264.62. The stock has 2 warning signs investors should review.

McDonald's's Total Operating Expense for the three months ended in Mar. 2026 was CHF598 Mil. McDonald's's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was CHF2,488 Mil.

McDonald's Total Operating Expense Related Terms

McDonald's Total Operating Expense Historical Data

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The historical data trend for McDonald's's Total Operating Expense 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 Total Operating Expense Chart

McDonald's Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,493.61 2,666.24 2,436.14 2,549.08 2,422.58

McDonald's Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 602.62 570.05 624.94 695.69 597.56
XSWX:MCD
78GF Score
McDonald's Corp XSWX:MCD
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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McDonald's Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 CHF2,488 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.

What does a Total Operating Expense of CHF2,488 Mil mean?
McDonald's (XSWX:MCD) has a Total Operating Expense of CHF2,488 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on McDonald's and its competitors.
Is McDonald's' Total Operating Expense too high?
McDonald's' current Total Operating Expense is CHF2,488 Mil. Overall, McDonald's has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does McDonald's' Total Operating Expense compare to SBUX and CMG?
McDonald's' Total Operating Expense of CHF2,488 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 Total Operating Expense for a Restaurants company?
A good Total Operating Expense depends on the Restaurants industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on McDonald's and its competitors. McDonald's's current Total Operating Expense is CHF2,488 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 Total Operating Expense of CHF2,488 Mil. The stock's GF Value™ is CHF264.62, compared to a current price of CHF219.06 — trading 17.2% below its estimated fair value. The current Total Operating Expense is CHF2,488 Mil. McDonald's' overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For McDonald's (XSWX:MCD), the current Total Operating Expense is CHF2,488 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 CHF219.06 is trading 17.2% below its estimated GF Value™ of CHF264.62.

Key valuation signals for XSWX:MCD:

  • Total Operating Expense: CHF2,488 Mil
  • GF Value™: CHF264.62 vs. price of CHF219.06 (17.2% below fair value)
  • GF Score™: 78/100 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%).
78GF Score

Get the complete analysis for XSWX:MCD

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF219.06
Price
CHF264.62
GF Value