In a press release dated July 27th McDonald’s Corp. (MCD) announced results for the 2nd Quarter of FY 2021 ending June 30th.
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)
|
Chris Kempczinski
CEO McDonald's Corp |
Quarter Ending June 30th
|
2021
|
2020
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Difference (%)
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Revenue: (42% Company Restaurants)
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$5,887,900
|
$3,761,500
|
+56.5
|
Gross profit Company Restaurants:
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$467,700
|
$145,300
|
+221.9
|
Operating income:
|
$2,691,100
|
$961,100
|
+180.0
|
Pre-tax Income
Net Income
|
$2,376,000
$2,219,300
|
$648,700
$483,800
|
+266.3
+358.7
|
Diluted earnings per share:
|
$2.95
|
$0.65
|
+358.8
|
Gross Margin Company Restaurants (%)
|
18.8
|
9.1
|
+106.6
|
Operating Margin (%)
|
45.7
|
25.5
|
+79.2
|
Profit Margin (%)
|
37.6
|
12.9
|
+191.4
|
Long-term Debt and leases:
|
$49,572,200
|
$47,510,800
|
+4.7
|
12 Months Trailing:
|
|
|
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Return on Assets (%)
|
9.2
|
|
|
Return on Equity (%)
|
N/A
|
|
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Operating Margin (%)
|
38.1
|
|
|
Profit Margin (%)
|
26.3
|
|
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Total Assets
|
$52,626,800
|
$47,510,800
|
+10.8
|
Market Capitalization
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$182,540,000
|
|
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52-Week Range in Share Price: $ 191.64 to $ 247.05: 50-day Moving average $235.12
Market Close 27th July $246.62 Open, post-release 29th July $240.25. Close $244.57
Forward P/E 28.6 Beta 0.6
Global comparative same-store sales +40.5 percent. 2-year +6.9 Percent.
U.S. comparative same-store sales +25.9 percent. 2-year +14.9 Percent
As at December 31st MCD had 39,198 Restaurants worldwide; 13,682 in the U.S.
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