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MCDONALDS CORP Income Tax Expense 2007-2026 | MCD

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What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is MCDONALDS CORP's current income tax expense?

MCDONALDS CORP (MCD) annual income tax expense for 2025 was $2.33B, a 10.04% increase from 2024. MCDONALDS CORP income tax expense for the quarter ending March 31, 2026 was $559.0M.

What was MCDONALDS CORP's income tax expense in 2024?

MCDONALDS CORP annual income tax expense for 2024 was $2.12B, a 3.31% increase from 2023.

What was MCDONALDS CORP's income tax expense in 2023?

MCDONALDS CORP annual income tax expense for 2023 was $2.05B, a 24.58% increase from 2022.

What is MCDONALDS CORP's 5-year income tax expense CAGR?

MCDONALDS CORP income tax expense grew at a compound annual growth rate (CAGR) of 10.60% from FY2020 to FY2025, going from $1.41B to $2.33B over 5 years.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+10.6%
FY2020
$1.41B
FY2025
$2.33B
07080910111213141516171819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$2.33B+10.0%10-K
FY2024$2.12B+3.3%10-K
FY2023$2.05B+24.6%10-K
FY2022$1.65B+4.1%10-K
FY2021$1.58B+12.2%10-K
FY2020$1.41B-29.2%10-K
FY2019$1.99B+5.3%10-K
FY2018$1.89B-44.0%10-K
FY2017$3.38B+55.1%10-K
FY2016$2.18B+7.6%10-K
FY2015$2.03B-22.5%10-K
FY2014$2.61B-0.2%10-K
FY2013$2.62B+0.2%10-K
FY2012$2.61B+4.2%10-K
FY2011$2.51B+22.2%10-K
FY2010$2.05B+6.1%10-K
FY2009$1.94B+4.9%10-K
FY2008$1.84B+49.1%10-K
FY2007$1.24B-10-K
Company: MCDONALDS CORPTicker: MCDSector: ConsumerIndustry: Retail-Eating PlacesView company profile →