McDonald’s Net Worth, History, Assets, Income, Liabilities, Net Income, Total Employees and many more details can be checked on this page. McDonald’s is an American multinational fast food chain with a net worth of $195 billion by 2024. It is one of the world’s largest restaurant chains in terms of revenue and serves food for everyone. people for a long time. It has acquired one million customers in its many years of operation. According to the 2022 resort, the brand has more than 40,000 stores around the world, especially across the United States. It started as a restaurant and was later converted into a franchise business.
Its brand valuation is among the top 10 in the world and makes it the second largest private employer with more than 1.7 million employees carrying the brand. The company’s main source of revenue is the sale of food products around the world, primarily including items such as burgers, cheeseburgers, and fries. It is served in more than 100 countries around the world with more than 69 million customers every day. The company has grown rapidly over the past few years thanks to the popularity of the brand. Also check Facebook Net Worth, Apple Net Worth.
McDonald’s net worth
McDonald’s has served millions of customers every day and this has made the company one of the most famous companies in the food industry. McDonald’s generated net assets worth $195 billion as of 2024. The company reported revenue of $23.183 billion in 2023, up from previous years. It generated net income of $7.545 billion and total assets of $53.854 billion. The company has achieved tremendous growth in its operations and earns billions of dollars annually worldwide. It is possible because of the company’s brand value. McDonald’s main source of income is rent, royalties and fees from franchisees.
Name | McDonald’s |
Net worth 2024 | 195 billion USD |
Net worth in Indian Rupees | 16 lakh crore INR |
Net income: | 6.177 billion USD |
Revenue | 23.183 billion USD |
Total assets | 48.502 billion USD |
PE ratio | 26.36 |
Founder: | Ray Kroc |
CEO | Chris Kempczinski (November 4, 2019–) |
Head office: | Chicago, Illinois, USA |
Establish: | April 15, 1955, San Bernardino, California, USA |
Number of employees | Approx. 200,000 (2021) |
Service area | More than 119 countries |
Number of locations | 40,031 restaurants (2021) |
Subsidiaries: | McDonald’s Canada, McDonald’s France, McCafé, etc |
LINK | mcdonalds.com |
McDonald’s revenue in 2022
- McDonald’s revenue for the quarter ending December 31, 2022 was $5.927 billion.
- McDonald’s revenue for the 12 months ending December 31, 2022 was $23.183 billion.
- McDonald’s annual revenue for 2022 is $23.183 billion.
- McDonald’s annual revenue in 2021 is $23.223 billion.
- McDonald’s annual revenue in 2020 is 19.208 billion USD.
Revenue | (Million USD) |
---|---|
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 net income for the quarter ending December 31, 2022 was $1.903 billion.
- McDonald’s net income for the 12 months ending December 31, 2022 was $6.177 billion.
- McDonald’s annual net income for 2022 is $6.177 billion.
- McDonald’s annual net income for 2021 is $7.545 billion.
- McDonald’s annual net income in 2020 was $4.731 billion.
Net income | (Million USD) |
---|---|
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’s starts
McDonald’s was founded in 1940 when brothers Richard and Maurice McDonald founded a restaurant in San Bernardino, California following the restaurant business model. In 1961, the company registered its trademark as “McDonald’s”. McDonald’s started out as a restaurant and later switched to a franchise-based business following the company’s popularity. In 1955, Ray Kroc bought the grocery chain from Richard and Maurice McDonald. It has begun expanding its services in the United States.
It has gradually expanded its business all over the world and currently serves more than 100 countries around the world. By 2021, it will have more than 40,000 stores serving millions of customers. It has also become the world’s largest restaurant chain. It has been recognized worldwide for the quality of its food and service, and thanks to this, the company has accumulated huge brand value. It became the ninth highest globally valued brand in the first year of 2020. Also check Microsoft Net Worth.
McDonald’s Assets 2022
- McDonald’s total assets for the quarter ending December 31, 2022 were $48.502 billion
- McDonald’s total assets in 2021 are 53.854 billion USD
- McDonald’s total assets in 2020 are 52.627 billion USD
- McDonald’s total assets in 2019 are 47.511 billion USD
Asset | (Million USD) |
---|---|
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 Responsibilities 2022
- McDonald’s total liabilities for the quarter ending December 31, 2022 were $55.068 billion.
- McDonald’s total liabilities in 2021 are $58.455 billion
- McDonald’s total liabilities in 2020 are 60.452 billion USD
- McDonald’s total liabilities in 2019 were 55.721 billion USD
Debt payable | (Million USD) |
---|---|
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’s Evolution
McDonald’s has seen tremendous growth since its founding in 1941. One major change the company made was moving from the restaurant business to the basic business of franchising. . The company started expanding first in the United States, then gradually, it started expanding around the world. McDonald’s has also started McDrive service, where customers can buy food while driving. It added various food items as the company expanded worldwide.
It added food items as per the country’s requirements and made menu customization as per the country’s taste. The company has also made a major change in branding, including slogan and logo change, which has helped the company create high brand value. Thus, it became the brand with the 9th highest global brand value in 2020. Also, check Google Net Worth.
Social media accounts
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McDonald: Awards and achievements
McDonald’s has served millions of customers daily around the world and this has resulted in high brand value. It has won various awards and achievements over its many years in the food industry. It won the Company’s Best Work-Life Balance Award in 2020. It has also won various awards, including Best Employee Engagement Award and Social Responsibility Award Association of Best Businesses. It has become the world’s largest restaurant chain by revenue and will create more than 40,000 stores by 2021.
Frequently asked questions
What is McDonald’s net worth?
McDonald’s net worth is $195 billion.
Who is the founder of McDonald’s?
The founder of McDonald’s is Ray Kroc.
When and where was McDonald’s founded?
McDonald’s was founded on April 15, 1955 in San Bernardino, California, United States.
Who is McDonald’s CEO?
Chris Kempczinski (November 4, 2019–) is the CEO of McDonald’s.