The current PE ratio for Mcdonalds stock as of Oct 2, 2023 is 23.56. This is calculated based on the current EPS of $10.94 and the stock price of $257.75 per share. The P/E ratio has a decrease of 20% from the past four quarters average of 29.3.
The average historical PE ratio of Mcdonalds for the last ten years is 24.78. The current PE ratio of 23.56 is 4.9% below the historical average. Over the past ten years, MCD's PE ratio was at its highest in the Dec 2020 quarter at 33.79, when the stock price was $214.58 and the EPS was $6.35. The lowest value was in the Dec 2013 quarter, when it reached 17.36 with a price of $97.03 and an EPS of $5.59.
Maximum annual increase: 35.92% in 2020
Maximum annual decrease: -21.52% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 31.41 | 18.44% |
| 2021 | 26.52 | -21.52% |
| 2020 | 33.79 | 35.92% |
| 2019 | 24.86 | 6.56% |
| 2018 | 23.33 | -12.85% |
| 2017 | 26.77 | 20.75% |
| 2016 | 22.17 | -9.55% |
| 2015 | 24.51 | 26.86% |
| 2014 | 19.32 | 11.29% |
| 2013 | 17.36 | 6.5% |
MCD's current P/E ratio is below the 3, 5 and 10-year averages.
Compared to its peers SBUX and CMG, MCD's PE ratio stands lower, however it is higher than WEN's and CBRL's. Mcdonalds's PE ratio is trading above the peer group average of 20.24.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GTIM Good Times Restaurants Inc | 3.38 | $33.64M |
| JACK Jack In The Box Inc | 8.83 | $1.32B |
| EAT Brinker International Inc | 12.75 | $1.33B |
| CBRL Cracker Barrel Old Country Store Inc | 14.34 | $1.42B |
| WEN Wendy's Co | 21.5 | $4.05B |
| MCD Mcdonalds Corp | 23.27 | $185.48B |
| YUM Yum Brands Inc | 24.48 | $34.43B |
| SBUX Starbucks Corp | 27.12 | $102.52B |
| CMG Chipotle Mexican Grill Inc | 45.43 | $50.48B |
| TAST Carrols Restaurant Group Inc | N/A | $342.77M |
As of Oct 2, 2023, MCD stock has a price to earnings ratio of 23.56.
The average PE ratio for MCD stock over the past 3 years is 28.71.
The average PE ratio for MCD stock over the past 5 years is 27.76.
In the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 33.79.
The current price to earnings ratio of MCD is 4.9% lower than the 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Oct 2, 2023), Mcdonalds's stock price is $257.75. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $10.94. Therefore, Mcdonalds's P/E ratio for today is 23.56. PE RATIO(23.56) = STOCK PRICE($257.75) / TTM EPS($10.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.