McDonald’s generated $25.49 billion in revenue in 2023, compared to over $23.18 billion in revenue in 2022 and $23.22 billion in 2021.
McDonald's revenue refers to the total income generated by McDonald's Corporation from all its operations worldwide. In 2023, McDonald's reported annual revenue of $25.49 billion, primarily from franchised restaurant royalties, company-operated restaurant sales, and real estate income from franchisees.
The major institutional shareholders comprise The Vanguard Group (8.83%) and BlackRock (7.1%). Major individual shareholders include Kevin Ozan (Executive Vice President and Chief Financial Officer), Stephen Easterbrook (President and CEO), and John Rogers, Jr., an investor, philanthropist, and Ariel Capital Management founder. And a few other individual shareholders.
McDonald’s is a heavily franchised businessmodel. In 2023, 61% of the total revenues came from franchised restaurants. The company’s long-term goal is to transition toward 95% of franchised restaurants (by 2023, franchised restaurants were 94.9% of the total restaurants). The company generated over $25 billion in revenues in 2023, of which $9.74 billion was from owned restaurants and $15.43 billion from franchised restaurants.
Of over $25 billion in revenues for 2023, $9.74 billion came from company-operated stores, while $15.43 billion came from franchised restaurants compared to $23 billion in revenue in 2022, of which $8.74 came from company-operated stores, while $14.1 billion came from franchised restaurants. And over $23 billion in revenue in 2021, McDonald’s generated almost ten billion dollars from company-operated restaurants, while it generated $13 billion from franchised restaurants.
In 2023, McDonald’s generated $8.47 billion in net profits compared to $6.18 billion in net profits for 2022, and $7.54 billion in 2021. The company runs a heavily franchised businessmodel, where it has reached its target of nearly 95% franchised restaurants worldwide.
In 2023, McDonald’s generated $8.47 billion in net profits compared to $6.18 billion in net profits for 2022, and $7.54 billion in 2021. The company runs a heavily franchised businessmodel, where it has reached its target of nearly 95% franchised restaurants worldwide.
McDonald’s had 150,000 employees in 2023, compared to 150,000 employees in 2022, 200,000 employees in 2021, and the same in 2020. The company runs a heavily franchised businessmodel, where most stores are franchised restaurants vs. owned ones. In 2022, McDonald’s franchised locations employed over two million individuals.
McDonald’s runs a heavy franchisebusinessmodel, where it has been substantially increasing its franchised restaurants while reducing its company-operated ones. For instance, by 2023, McDonald’s had 39,680 franchised restaurants vs. 2,142 owned and operated ones.
McDonald’s runs a heavily franchised businessmodel, where most of its margins come from franchised restaurants vs. operated ones. For instance, in 2023, $1.52 billion came from owned restaurants whereas $12.96 came from franchised restaurants.
Burger King is an American multinational chain of fast-food restaurants that is headquartered in Miami, Florida. The first Burger King restaurant, then known as Insta-Burger King, was opened in Jacksonville, Florida, in 1953 by Keith Cramer and his stepfather Matthew Burns. Burger King Worldwide merged with the Canadian coffee chain Tim Hortons in 2014. This precipitated the formation of parent company Restaurant Brands International, which is part-owned by former Burger King owner 3G Capital.
McDonald’s has a divisional organizational structure where each division – based on geographical location – is assigned operational responsibilities and strategic objectives. The main geographical divisions are the US, internationally operated markets, and international developmental licensed markets. And on the other hand, the hierarchical leadershipstructure is organized around regional and functional divisions.
Q. Q: How much does McDonald's Corporation make a year?
McDonald's Corporation generates approximately $25-26 billion in annual revenue. The company's income comes from franchised restaurant fees, company-operated locations, and real estate earnings from its extensive global franchisenetwork.
Q. How much did McDonald's make in 2024?
McDonald's 2024 full-year financial results have not been released yet, as the company reports annual earnings in early the following year. The most recent complete annual revenue figure is $25.49 billion for 2023.
Q. How much does a single McDonald's restaurant make per year?
An average McDonald's restaurant generates approximately $2.7 million in annual sales. However, revenue varies significantly based on location, with high-traffic urban locations often earning substantially more than suburban or rural restaurants.
Franchising is a business model where the owner (franchisor) of a product, service, or method utilizes the distribution services of an affiliated dealer (franchisee). Usually, the franchisee pays a royalty to the franchisor to be using the brand, process, and product. And the franchisor instead supports the franchisee in starting up the activity and providing a set of services as part of the franchising agreement. Franchising models can be heavy-franchised, heavy-chained, or hybrid (franchained).
Coca-Cola follows a business strategy (implemented since 2006) where through its operating arm – the Bottling Investment Group – it invests initially in bottling partners operations. As they take off, Coca-Cola divests its equity stakes, and it establishes a franchisingmodel, as long-term growth and distributionstrategy.
Coca-Cola’s Purpose is to “refresh the world. make a difference.” Its vision and mission are to “craft the brands and choice of drinks that people love, to refresh them in body & spirit. And done in ways that create a more sustainable business and better-shared future that makes a difference in people’s lives, communities, and our planet.”
