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MCD

McDonald's

NYSEConsumer DiscretionaryRestaurantsSnapshot 2026-05-08

$275.75-2.80%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, MCD has a composite score of 19.1, categorized as "mild favorable." This score is influenced by a medium confidence level of 77.0 and reflects various factors, including macroeconomic conditions and sector trends. The top drivers affecting the score include macro growth, rates, inflation, and labor. The analysis is provisional, indicating that the information may change.

Composite +19as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.03
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
2736323233572387
F2 · Value
neutral
Mid-cohort by earnings yield
Why this rank
Price
$275.75
TTM EPS
$12.11
Earnings yield
4.4%
P/E (TTM)
22.8

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
fragile
Bottom 30% cash conversion in consumer discretionary cohort
Why this rank
TTM NI ($M)
8,223
TTM CFO ($M)
9,447
CFO/NI
1.15
L2

Watch

has something changed worth re-reading?
F4 · Management stability
neutral
Mid-cohort activity· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
bullish6 PT revisions / 30d, avg 12.7% above currentfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $3.43 → $3.42 (-0.3% / 30d). 4 raised, 12 cut, 30 covering analysts.

Rating actions

1 upgrade, 0 downgrades / 30d, 10 maintained. 53% of analysts rate Buy.

Price target activity

6 PT revisions / 30d. Avg target 12.7% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

2 material events in the last 24 months — top 2 listed below.

2

Stated priorities

2 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Maintain operating margin in mid-to-high 40% rangecostbehind0% progress
    5/7: The Company expects 2026 operating margin percent to be in the mid-to-high 40% range.
    Why this status

    Stated in 4 of last 4 quarters. The company has consistently guided for an operating margin in the mid-to-high 40% range. However, specific operating margin figures for recent quarters are not provided in the financials, making it difficult to assess the exact trajectory. Persistent statement, limited substantive delivery this quarter.

  2. 2.Increase capital expenditures to $3.7-$3.9 billion in 2026capital allocationbehind30% progress
    5/7: The Company expects 2026 capital expenditures to be between $3.7 and $3.9 billion.
    Why this status

    Stated in 4 of last 4 quarters. The company has increased its capital expenditure guidance from $3.0-$3.2 billion in 2025 to $3.7-$3.9 billion in 2026, indicating a strategic shift towards higher investment. However, actual capex figures are not detailed in the financials, limiting assessment of progress. Recurring focus, narrow delivery so far.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −19%, typical day ±0.8%
Why this risk level

Recent vol — 30d annualized 20%; 252d 16%.

Drawdown — Max 1y −19%. Bad day move −2%.

Beta to sector ETF (XLY) 0.00 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 73/100, drawdown 63/100, beta 0/100, earnings vol .

Sector regime
headwind-4.8%sector vs S&P 500, 60d

via XLY

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite68.2 / 100
Capital allocation58
Earnings discipline77
Margin discipline78
Balance sheet77
Guidance credibility
Post-call reaction55
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Maintain operating margin in mid-to-high 40% range

    CostNew since 2026-05-07

    The company aims to sustain its operating margin within the mid-to-high 40% range for 2026.

    Behind

    Stated in 4 of last 4 quarters. The company has consistently guided for an operating margin in the mid-to-high 40% range. However, specific operating margin figures for recent quarters are not provided in the financials, making it difficult to assess the exact trajectory. Persistent statement, limited substantive delivery this quarter.

    0%
    CEO/CFO:The Company expects 2026 operating margin percent to be in the mid-to-high 40% range.
    Multiple sourcesSource dated 2026-05-07Stated 4 of last 8 quartersFirst seen 2026-05-07
    Show history (4)
    • 2026-Q1Multiple sources

      The Company expects 2026 operating margin percent to be in the mid-to-high 40% range.

    • 2025-Q4Multiple sources

      The Company expects 2025 operating margin percent to be in the mid-to-high 40% range.

    • 2025-Q3Multiple sources

      The Company expects 2025 operating margin percent to be in the mid-to-high 40% range.

    • 2025-Q2Multiple sources

      The Company expects 2025 operating margin percent to be in the mid-to-high 40% range.

  • #2

    Increase capital expenditures to $3.7-$3.9 billion in 2026

    Capital allocationNew since 2026-05-07

    The company plans to increase its capital expenditures to between $3.7 and $3.9 billion for 2026.

    Behind

    Stated in 4 of last 4 quarters. The company has increased its capital expenditure guidance from $3.0-$3.2 billion in 2025 to $3.7-$3.9 billion in 2026, indicating a strategic shift towards higher investment. However, actual capex figures are not detailed in the financials, limiting assessment of progress. Recurring focus, narrow delivery so far.

    30%
    CEO/CFO:The Company expects 2026 capital expenditures to be between $3.7 and $3.9 billion.
    Multiple sourcesSource dated 2026-05-07Stated 4 of last 8 quartersFirst seen 2026-05-07
    Show history (4)
    • 2026-Q1Multiple sources

      The Company expects 2026 capital expenditures to be between $3.7 and $3.9 billion.

    • 2025-Q4Multiple sources

      The Company expects 2025 capital expenditures to be between $3.0 and $3.2 billion.

    • 2025-Q3Multiple sources

      The Company expects 2025 capital expenditures to be between $3.0 and $3.2 billion.

    • 2025-Q2Multiple sources

      The Company expects 2025 capital expenditures to be between $3.0 and $3.2 billion.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
35higher = cheaper

Looks more expensive than peers.

Compared to its own history
51higher = cheaper

Around its own typical valuation.

P/E
23.0x
EV/EBITDA
2.7x
FCF yield

P/E over the last 5 years

71 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
MCD
McDonald's
+19fairmoderate
AMZN
Amazon
+16fullmoderate
TSLA
Tesla, Inc.
+0.4expensiveelevated
HD
Home Depot (The)
+14fullmoderate
CVNA
Carvana
+14high
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
0.8%
A bad day (95th %ile)
A rough but not unusual down day.
-1.7%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-18.7%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If consumer_discretionary sector trend rises from +0.10 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-05-07)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-05-07)-8.0 pts
  • If consumer_discretionary sector trend falls from +0.10 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-071d agoItem 2.02

    Results of Operations and Financial Condition. On May 7, 2026, McDonald’s Corporation issued an investor release reporting its results for the first quarter ended March 31, 2026. A copy of the investor release is being filed as Exhibit 99.1 to this Form 8-K and is incorporated by reference in its entirety. Also filed herewith and incorporated by reference as Exhibit 99.2 is supplemental information for the first quarter ended March 31, 2026. The information under this Item 2.02, including suc…

    earnings preannouncementscore 64
  2. 2026-04-021mo agoItem 5.02

    of the Current Report on Form 8-K that McDonald’s Corporation (the “Company”) filed on February 10, 2026, which reported that on February 4, 2026, the Company’s Board of Directors (the “Board”) elected James D. Farley, Jr., as a Director, effective February 4, 2026. On March 30, 2026, the Board appointed Mr. Farley to its Audit & Finance Committee and Corporate Responsibility Committee, effective immediately. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the…

    executive changeneutralscore 25
  3. 2026-02-112mo agoItem 2.02

    Results of Operations and Financial Condition. On February 11, 2026, McDonald’s Corporation issued an investor release reporting its results for the fourth quarter and year ended December 31, 2025. A copy of the investor release is being filed as Exhibit 99.1 to this Form 8-K and is incorporated by reference in its entirety. Also filed herewith and incorporated by reference as Exhibit 99.2 is supplemental information for the fourth quarter and year ended December 31, 2025. The information und…

    earnings preannouncementneutralscore 9
  4. 2026-02-102mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On February 4, 2026, the Board of Directors (the “Board”) of McDonald’s Corporation (the “Company”) increased the size of the Company’s Board to a total of 12 Directors, effective February 4, 2026. At the same meeting, the Board elected James D. Farley, Jr., as a Director, also effective February 4, 2026. The Board has not elected Mr. Farley to…

    executive changeneutralscore 8
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-24 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.