MCD vs YUMC
Mcdonalds Corp. and Yum China Holdings, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MCD | YUMC |
|---|---|---|
| Revenue | $26.9B | $11.8B |
| Net income | $8.6B | $929.0M |
| Gross margin | · | · |
| Net margin | 31.9% | 8.5% |
| Return on equity | · | 16.7% |
| Diluted EPS | $11.95 | $2.51 |
| Dividend / share | $7.17 | $0.96 |
| Payout ratio | 59.7% | 38.0% |
| Free cash flow | $7.2B | $840.0M |
| Equity | $-1.8B | $5.4B |
| Net debt / equity | · | −0.09× |
| Current ratio | 0.95× | 1.05× |
| Revenue CAGR 5y | 7.0% | 7.4% |
| Profit CAGR 5y | 12.6% | 3.5% |
MCD bills 2.3× the revenue of YUMC, and keeps more of each dollar of revenue as profit (31.9% against 8.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | MCD | YUMC |
|---|---|---|
| FY2025 | $26.9B | $11.8B |
| FY2024 | $25.9B | $11.3B |
| FY2023 | $25.5B | $11.0B |
| FY2022 | $23.2B | $9.6B |
| FY2021 | $23.2B | $9.9B |
| FY2020 | $19.2B | $8.3B |
| FY2019 | $21.4B | $8.8B |
| FY2018 | $21.3B | $8.4B |
| FY2017 | $22.8B | $7.8B |
| FY2016 | $24.6B | $7.1B |
Bottom line
| Fiscal year | MCD | YUMC |
|---|---|---|
| FY2025 | $8.6B | $929.0M |
| FY2024 | $8.2B | $911.0M |
| FY2023 | $8.5B | $827.0M |
| FY2022 | $6.2B | $442.0M |
| FY2021 | $7.5B | $990.0M |
| FY2020 | $4.7B | $784.0M |
| FY2019 | $6.0B | $713.0M |
| FY2018 | $5.9B | $708.0M |
| FY2017 | $5.2B | $398.0M |
| FY2016 | $4.7B | $498.0M |
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$15,088,000,000 | MCD |
| FY2024 | +$14,617,000,000 | MCD |
| FY2023 | +$14,516,000,000 | MCD |
| FY2022 | +$13,614,000,000 | MCD |
| FY2021 | +$13,369,900,000 | MCD |
| FY2020 | +$10,944,800,000 | MCD |
| FY2019 | +$12,588,400,000 | MCD |
| FY2018 | +$12,842,900,000 | MCD |
| FY2017 | +$15,051,400,000 | MCD |
| FY2016 | +$17,546,900,000 | MCD |
| FY2015 | +$18,504,000,000 | MCD |
| FY2014 | +$20,507,300,000 | MCD |
MCD has reported the higher revenue in every one of these 12 fiscal years. The gap has narrowed since the earliest year compared.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +23.3 pp | MCD |
| FY2024 | +23.1 pp | MCD |
| FY2023 | +25.0 pp | MCD |
| FY2022 | +21.6 pp | MCD |
| FY2021 | +22.1 pp | MCD |
| FY2020 | +14.8 pp | MCD |
| FY2019 | +19.7 pp | MCD |
| FY2018 | +19.1 pp | MCD |
| FY2017 | +17.3 pp | MCD |
| FY2016 | +11.8 pp | MCD |
| FY2015 | +13.1 pp | MCD |
| FY2014 | +17.9 pp | MCD |
MCD has kept the higher net margin in every one of these 12 fiscal years.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MCD's net margin has been more volatile than YUMC's over the 12 comparable fiscal years — 5.6 percentage points of standard deviation against 2.9.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
MCD led in net margin in every one of the 12 comparable fiscal years — a structural lead, not a recent swing.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.