Consumer Cyclical - Restaurants - NYSE - US
$ 292.63
-1.99 %
$ 210 B
Market Cap
25.71
P/E
CASH FLOW STATEMENT
9.61 B
OPERATING CASH FLOW
-3.18 B
INVESTING CASH FLOW
-4.37 B
FINANCING CASH FLOW
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
McDonald's Corporation
| Net Income | 8.47 B |
| Depreciation & Amortization | 1.98 B |
| Capital Expenditures | -2.36 B |
| Stock-Based Compensation | 175 M |
| Change in Working Capital | -108 M |
| Others | -230 M |
| Free Cash Flow | 7.25 B |
Cash Flow
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | Dec-1994 | Dec-1993 | Dec-1992 | Dec-1991 | Dec-1990 | Dec-1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OPERATING CASH FLOW | |||||||||||||||||||||||||||||||||||
| Net Income | 8 468.8 | 6 177.4 | 7 545.2 | 4 730.5 | 6 025.4 | 5 924.3 | 5 192.3 | 4 686.5 | 4 529.3 | 4 757.8 | 5 585.9 | 5 464.8 | 5 503.1 | 4 946.3 | 4 551.0 | 4 313.2 | 2 395.1 | 3 544.2 | 2 602.2 | 2 278.5 | 1 471.4 | 893.5 | 1 636.6 | 1 977.3 | 1 947.9 | 1 550.1 | 1 642.5 | 1 572.6 | 1 427.3 | 1 224.4 | 1 082.5 | 958.6 | 859.6 | 802.3 | 727.0 |
| Depreciation & Amortization | 1 978.2 | 1 870.6 | 1 868.1 | 1 751.4 | 1 617.9 | 1 482.0 | 1 363.4 | 1 516.5 | 1 555.7 | 1 644.5 | 1 585.1 | 1 488.5 | 1 415.0 | 1 276.2 | 1 216.2 | 1 207.8 | 1 214.1 | 1 249.9 | 1 249.5 | 1 201.0 | 1 148.2 | 1 050.8 | 1 086.3 | 1 010.7 | 956.3 | 881.1 | 793.8 | 742.9 | 709.0 | 628.6 | 568.4 | 554.9 | 514.2 | 493.3 | 438.0 |
| Deferred Income Tax | (686.4) | (345.7) | (428.3) | 6.4 | 149.7 | 102.6 | (36.4) | (538.6) | (1.4) | (90.7) | 25.2 | 134.5 | 188.4 | (75.7) | 203.0 | 101.5 | (39.1) | 28.7 | (38.3) | (171.9) | 181.4 | (44.6) | (87.6) | 60.5 | 52.9 | 35.4 | (1.1) | 32.9 | (4.2) | (5.6) | 52.4 | 22.4 | 64.7 | 70.8 | 68.0 |
| Stock Based Compensation | 175.2 | 166.7 | 139.2 | 92.4 | 109.6 | 125.1 | 117.5 | 131.3 | 110.0 | 112.8 | 89.1 | 93.4 | 86.2 | 83.1 | 112.9 | 112.5 | 142.4 | 122.5 | 154.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Operating Activities | (215.9) | 162.3 | (436.9) | (103.4) | (79.0) | (194.6) | (105.1) | 96.9 | 177.6 | 369.5 | 26.8 | (92.0) | (82.6) | 240.7 | (503.1) | (63.6) | 1 200.0 | (440.6) | (43.0) | 405.7 | 622.0 | 491.5 | 50.4 | (244.1) | (65.1) | 22.9 | (65.9) | 42.9 | 10.1 | (29.7) | 0 | 11.7 | 0 | (71.0) | 0 |
| Change in Working Capital | (108.0) | (644.6) | 454.2 | (212.1) | 298.5 | (472.7) | (980.5) | 167.0 | 167.9 | (63.6) | (191.4) | (123.1) | 40.0 | (129.0) | 171.0 | 245.8 | (36.2) | (163.2) | 412.3 | 190.3 | (191.0) | 400.3 | 2.6 | (52.9) | 116.9 | 276.8 | 73.0 | 69.7 | 154.0 | 108.5 | (23.5) | (121.7) | (15.3) | 5.6 | 13.0 |
| Cash From Operations | 9 611.9 | 7 386.7 | 9 141.5 | 6 265.2 | 8 122.1 | 6 966.7 | 5 551.2 | 6 059.6 | 6 539.1 | 6 730.3 | 7 120.7 | 6 966.1 | 7 150.1 | 6 341.6 | 5 751.0 | 5 917.2 | 4 876.3 | 4 341.5 | 4 336.8 | 3 903.6 | 3 268.8 | 2 890.1 | 2 688.3 | 2 751.5 | 3 008.9 | 2 766.3 | 2 442.3 | 2 461.0 | 2 296.2 | 1 926.2 | 1 679.8 | 1 425.9 | 1 423.2 | 1 301.0 | 1 246.0 |
| INVESTING CASH FLOW | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | (2 357.4) | (1 899.2) | (2 040.0) | (1 640.8) | (2 393.7) | (2 741.7) | (1 853.7) | (1 821.1) | (1 813.9) | (2 583.4) | (2 824.7) | (3 049.2) | (2 729.8) | (2 135.5) | (1 952.1) | (2 135.7) | (1 946.6) | (1 741.9) | (1 606.8) | (1 569.0) | (1 683.2) | (2 552.2) | (2 237.8) | (2 370.6) | (2 208.5) | (1 997.7) | (2 224.8) | (2 513.0) | (2 063.7) | (1 538.6) | (1 316.9) | (1 151.0) | (1 128.8) | (1 570.7) | (1 555.0) |
| Other Items | (827.1) | (778.9) | (125.7) | 95.0 | (677.4) | 286.6 | 2 415.7 | 839.5 | 393.9 | 278.5 | 150.9 | (118.1) | 158.9 | 79.5 | 296.8 | 511.0 | 796.5 | 468.5 | (211.0) | 185.9 | 313.6 | 85.6 | 169.6 | 158.0 | (53.3) | 49.5 | 7.6 | (57.3) | (45.3) | 32.7 | 98.9 | 152.3 | 189.1 | 48.2 | 42.0 |
| Cash From Investing Activities | (3 184.5) | (2 678.1) | (2 165.7) | (1 545.8) | (3 071.1) | (2 455.1) | 562.0 | (981.6) | (1 420.0) | (2 304.9) | (2 673.8) | (3 167.3) | (2 570.9) | (2 056.0) | (1 655.3) | (1 624.7) | (1 150.1) | (1 273.4) | (1 817.8) | (1 383.1) | (1 369.6) | (2 466.6) | (2 068.2) | (2 212.6) | (2 261.8) | (1 948.2) | (2 217.2) | (2 570.3) | (2 109.0) | (1 505.9) | (1 218.0) | (998.7) | (939.7) | (1 522.5) | (1 513.0) |
| FINANCING CASH FLOW | |||||||||||||||||||||||||||||||||||
| Common Stock Repurchased | (3 054.3) | (3 896.0) | (845.5) | (907.8) | (4 976.2) | (5 207.7) | (4 685.7) | (11 171.0) | (6 099.2) | (3 198.6) | (1 777.8) | (2 615.1) | (3 363.1) | (2 698.5) | (2 797.4) | (3 919.3) | (3 943.0) | (2 959.4) | (1 202.0) | (621.0) | (391.0) | (670.2) | (1 068.1) | (2 023.4) | (891.5) | (1 089.8) | (1 113.1) | (599.9) | (314.5) | (495.6) | (620.1) | (79.7) | (109.2) | (160.3) | (479.0) |
| Total Debt Repaid | 2 992.8 | 1 197.6 | (1 070.5) | 2 238.2 | 3 236.3 | 2 130.8 | 2 027.8 | 2 670.4 | 9 755.2 | 1 502.9 | 535.3 | 1 204.6 | 1 003.9 | 787.4 | 219.3 | 1 045.7 | 572.6 | (2 264.7) | 1 612.3 | (815.5) | (891.6) | 145.5 | 527.3 | 1 678.5 | 336.4 | 262.4 | 1 001.5 | 779.3 | 445.1 | 245.7 | 46.2 | (515.0) | (279.5) | 497.6 | 601.0 |
| Dividends Paid | (4 532.8) | (4 168.2) | (3 918.6) | (3 752.9) | (3 581.9) | (3 255.9) | (3 089.2) | (3 058.2) | (3 230.3) | (3 216.1) | (3 114.6) | (2 896.6) | (2 609.7) | (2 408.1) | (2 235.5) | (1 823.4) | (1 765.6) | (1 216.5) | (842.0) | (695.0) | (503.5) | (297.4) | (287.7) | (280.7) | (264.7) | (240.5) | (247.7) | (232.0) | (226.5) | (215.7) | (201.2) | (160.5) | (148.3) | (133.3) | (115.0) |
| Other Financing Activities | 220.2 | 286.4 | 239.0 | 173.5 | 327.0 | 383.2 | 436.3 | 296.4 | 309.6 | 293.5 | 314.1 | 457.3 | 435.9 | 590.5 | 392.6 | 582.5 | 1 139.7 | 272.6 | 25.2 | (82.5) | (121.9) | 310.9 | 204.8 | 88.9 | 193.0 | 207.6 | 145.7 | 157.0 | 63.6 | 39.4 | 62.6 | 59.4 | 30.9 | 23.4 | 13.0 |
| Cash From Financing Activities | (4 374.1) | (6 580.2) | (5 595.6) | (2 249.0) | (4 994.8) | (5 949.6) | (5 310.8) | (11 262.4) | 735.3 | (4 618.3) | (4 043.0) | (3 849.8) | (4 533.0) | (3 728.7) | (4 421.0) | (4 114.5) | (3 996.3) | (5 192.3) | 361.6 | (1 633.5) | (1 736.8) | (511.2) | (623.7) | (536.7) | (626.8) | (860.3) | (213.6) | 104.4 | (32.3) | (426.2) | (712.5) | (210.9) | (406.1) | 227.4 | 220.0 |
| CHANGE IN CASH | |||||||||||||||||||||||||||||||||||
| Net Change In Cash | 1 995.5 | (2 125.4) | 1 260.1 | 2 550.6 | 32.5 | (1 597.8) | 1 240.4 | (6 462.1) | 5 607.6 | (720.8) | 462.6 | 0.4 | (51.3) | 591.0 | (267.4) | 82.1 | (146.8) | (2 124.2) | 2 880.6 | 887.0 | 162.4 | (87.7) | (3.6) | 2.2 | 120.3 | (860.3) | (213.6) | 104.4 | (32.3) | (426.2) | (712.5) | (210.9) | (406.1) | 227.4 | 220.0 |
| FREE CASH FLOW | |||||||||||||||||||||||||||||||||||
| Free Cash Flow | 7 254.5 | 5 487.5 | 7 101.5 | 4 624.4 | 5 728.4 | 4 225.0 | 3 697.5 | 4 238.5 | 4 725.2 | 4 146.9 | 4 296.0 | 3 916.9 | 4 420.3 | 4 206.1 | 3 798.9 | 3 781.5 | 2 929.7 | 2 599.6 | 2 730.0 | 2 334.6 | 1 585.6 | 337.9 | 450.5 | 380.9 | 800.4 | 768.6 | 217.5 | (52.0) | 232.5 | 387.6 | 362.9 | 274.9 | 294.4 | (269.7) | (309.0) |