In a press release dated January 27th 2022 McDonald’s Corporation (MCD) announced results for the 4th quarter and FY 2021 ending December 31st 2021.
The following table summarizes the results for the period compared with the values for the corresponding quarter of the previous fiscal year (Values expressed as US$ x 1,000 except EPS)
|
4th Quarter Ending December 31st.
|
2021
|
2020
|
Difference (%)
|
|
Revenue:
|
$6,009,100
|
$5,313,800
|
+13.1
|
|
Gross profit Company stores:
|
$438,500
|
$329,600
|
+33.0
|
|
Operating income:
|
$2,397,100
|
$2,142,900
|
+11.9
|
|
Pre-tax Income
Net Income
|
$2,107,800
$1,638,800
|
$1,830,000
$1,377,200
|
+15.2
+19.0
|
|
Diluted earnings per share:
|
$2.18
|
$1.84
|
+18.5
|
|
Gross Margin Company stores (%)
|
17.3
|
14.8
|
+16.9
|
|
Operating Margin (%)
|
39.9
|
40.3
|
+16.9
|
|
Profit Margin (%)
|
27.3
|
25.9
|
+5.4
|
|
Long-term Debt:
|
$52,364,700
|
$52,244,900
|
+0.2
|
|
12 Months Trailing:
|
|
Return on Assets (%)
|
12.2
|
|
Return on Equity (%)
|
n/a
|
|
Operating Margin (%)
|
44.6
|
|
Profit Margin (%)
|
32.5
|
|
Total Assets
|
$53,604,400
|
$52,626,800
|
+1.8
|
|
Market Capitalization
|
$186,700,000
|
52-Week Range in Share Price: $202.73 to $271.15 50-day Moving average $259.02
Market Close: Wednesday 26th $249.54: Close Thursday 27th post release $248.75
Forward P/E 24.
For FY 2021 Revenue attained $23.22 billion with net earnings of $7.55 billion and an EPS of $10.04
For FY 2020 Revenue attained $19.21 billion with net earnings of $4.73 billion and an EPS of $6.31
Global same store sales growth for Q4 was 12.3 percent with U.S. 7.5 percent.