McDonald’s Net Worth
Name | McDonald |
Net Worth 2023 | $195 Billion |
Profession | Fast Food Company |
Monthly Income And Salary |
On this page, you will find comprehensive information about McDonald’s, including its net worth, history, assets, income, liabilities, net income, total number of employees, and more. McDonald’s is a multinational fast-food chain that originated in the United States and currently has a net worth of $195 billion as of 2023. It is globally recognized as one of the largest restaurant chains, generating substantial revenue and serving customers for a considerable period of time. McDonald’s has developed a vast and dedicated customer base throughout its operation. As of 2022, the brand has expanded to over 40,000 outlets worldwide, primarily located in the United States. Initially established as a restaurant, McDonald’s later transitioned into a franchise-based business model.
With its brand ranking in the top 10 globally, this company has become the second-largest private employer, boasting a workforce of over 1.7 million individuals. Its main revenue stream stems from the sale of food products worldwide, notably hamburgers, cheeseburgers, and french fries. Operating in over 100 countries, the brand serves a staggering 69 million customers each day. The company’s exponential growth in recent years can be attributed to its immense popularity. Be sure to also explore the net worth of Facebook and Apple.
McDonald Net Worth
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McDonald’s, a highly popular company in the food industry, serves millions of customers daily, contributing to its immense success. As of 2023, the company’s net worth stands at $195 billion. In the same year, McDonald’s reported a revenue of $23.183 billion, showcasing a growth trend compared to previous years. Its net income reached $7.545 billion, while its total assets amounted to $53.854 billion. With significant expansion in its operations, McDonald’s generates billions of dollars annually worldwide, largely owing to its strong brand value. Rent, royalties, and fees from franchisees serve as the primary sources of income for the company.
Name | McDonald |
Net Worth 2023 | $195 Billion |
Net Worth in Indian Rupees | 16 Lakh crore INR |
Net Income: | $6.177 Billion |
Revenue | $23.183 Billion |
Total Assets | $48.502 Billion |
PE Ratio | 26.36 |
Founders: | Ray Kroc |
CEO | Chris Kempczinski (4 Nov 2019–) |
Headquarters: | Chicago, Illinois, United States |
Founded: | 15 April 1955, San Bernardino, California, United States |
Number of employees | Approx. 200,000 (2021) |
Area served | 119+ countries |
Number of locations | 40,031 restaurants (2021) |
Subsidiaries: | McDonald’s Canada, McDonald’s France, McCafé, and More. |
LINK | mcdonalds.com |
McDonald’s Revenue 2022
- McDonald’s recorded a total revenue of $5.927 billion during the quarter that concluded on December 31, 2022.
- McDonald’s recorded a total revenue of $23.183 billion by December 31, 2022.
- McDonald’s recorded a staggering revenue of $23.183 billion in the year 2022.
- McDonald’s earned a grand total of $23.223 billion in revenue during the year 2021.
- McDonald’s earned a grand total of $19.208 billion in revenue in the year 2020.
Revenue | (Millions of US $) |
---|---|
2022 | $23,183 |
2021 | $23,223 |
2020 | $19,208 |
2019 | $21,364 |
2018 | $21,258 |
2017 | $22,820 |
2016 | $24,622 |
2015 | $25,413 |
2014 | $27,441 |
2013 | $28,106 |
McDonald’s Net Income 2022
- McDonald’s recorded a net income of $1.903 billion for the quarter concluding on December 31, 2022.
- McDonald’s achieved a net income of $6.177 billion within the timeframe of January 1, 2022, to December 31, 2022.
- McDonald’s achieved a net income of $6.177 billion in the year 2022.
- McDonald’s recorded a net income of $7.545 billion in the year 2021.
- McDonald’s recorded a net income of $4.731 billion in the year 2020.
Net Income | (Millions of US $) |
---|---|
2022 | $6,177 |
2021 | $7,545 |
2020 | $4,731 |
2019 | $6,025 |
2018 | $5,924 |
2017 | $5,192 |
2016 | $4,687 |
2015 | $4,529 |
2014 | $4,758 |
2013 | $5,586 |
McDonald Inception
In 1940, the restaurant-based concept of McDonald’s came to life when Richard and Maurice McDonald incorporated the company in San Bernardino, California. The trademark “McDonald’s” was officially registered in 1961. Initially a standalone restaurant, McDonald’s transformed into a franchise-based business due to its growing popularity. Ray Kroc took over the food chain from Richard and Maurice McDonald in 1955, leading to further expansion of services across the United States.
Over time, its business has expanded to encompass the entire globe, now catering to over 100 countries. By 2021, it is projected to have over 40,000 outlets satisfying millions of customers, making it the largest restaurant chain worldwide. Its reputation for exceptional food and service has garnered global recognition, resulting in a substantial brand value. In fact, it achieved the ninth-highest brand valuation in the world in 2020, solidifying its position among the most valuable brands. For information on Microsoft’s net worth, please refer to the relevant source.
McDonald’s Assets 2022
- By December 31, 2022, McDonald’s assets had surged to an astonishing $48.502 billion.
- McDonald’s total assets amounted to $53.854 billion in the year 2021.
- In 2020, the total assets of McDonald’s amounted to $52.627 billion.
- McDonald’s total asset value reached $47.511 billion in the year 2019.
Assets | (Millions of US $) |
---|---|
2022 | $48,502 |
2021 | $53,854 |
2020 | $52,627 |
2019 | $47,511 |
2018 | $32,811 |
2017 | $33,804 |
2016 | $31,024 |
2015 | $37,939 |
2014 | $34,227 |
2013 | $36,626 |
McDonald’s Liabilities 2022
- As of December 31, 2022, McDonald’s total liabilities stood at $55.068 billion.
- McDonald’s total liabilities in 2021 amounted to $58.455 billion.
- McDonald’s had liabilities totaling $60.452 billion in the year 2020.
- McDonald’s liabilities reached a total of $55.721 billion in 2019.
Liabilities | (Millions of US $) |
---|---|
2022 | $55,068 |
2021 | $58,455 |
2020 | $60,452 |
2019 | $55,721 |
2018 | $39,070 |
2017 | $37,072 |
2016 | $33,228 |
2015 | $30,851 |
2014 | $21,374 |
2013 | $20,617 |
McDonald Evolution
Since its establishment in 1941, McDonald’s has experienced remarkable growth. A significant transformation for the company has been its transition from restaurant-based operations to a franchise model. Starting with its expansion in the United States, McDonald’s has gradually extended its reach globally. Additionally, the introduction of the McDrive service has allowed customers to conveniently purchase food while driving their cars. As McDonald’s has expanded internationally, it has diversified its menu by incorporating a variety of new food items.
The company has incorporated food items to cater to the specific preferences of each country and has tailored its menu accordingly. Additionally, the company has undertaken a significant rebranding effort, including modifying the tagline and logo, resulting in a substantial increase in brand value. As a result, it has secured the ninth-highest global brand valuation in 2020. You may also want to check Google’s net worth.
McDonald: Awards and Achievements
With a global customer base in the millions, McDonald’s has established a significant brand value. Its outstanding performance in the food industry has been recognized through numerous awards and accolades. Notably, in 2020, it was honored with the prestigious Best Company Work-Life Balance award. Moreover, McDonald’s has consistently received recognition for its exceptional employee engagement and commitment to corporate social responsibility, earning it the Best Employee Engagement Award and the Best Corporate Social Responsibility Award. As the largest restaurant chain worldwide in terms of revenue, McDonald’s is set to expand further in 2021, with plans to open over 40,000 outlets.
Frequently Asked Questions
McDonald’s Balance Sheet, Income Statement
Salary | $23.183 Billion |
Monthly Income |