AI English summary of an SEC filing — figures as filed
McDonald's MCDMcDonald's said net income for 2024 decreased 3% (2% in constant currencies) to $8.2 billion, and diluted earnings per common share decreased 1% to $11.39. The company said foreign currency translation had a negative impact of $0.06 on diluted earnings per share.
Key points
AI summaryMcDonald's said net income for 2024 decreased 3% (2% in constant currencies) to $8.2 billion, and diluted earnings per common share decreased 1% to $11.39. The company said foreign currency translation had a negative impact of $0.06 on diluted earnings per share.
McDonald's said cash provided by operations for 2024 totaled $9.4 billion, down slightly compared with 2023, and free cash flow was $6.7 billion, a decrease of $580 million or 8%. The company said its free cash flow conversion rate was 81% in 2024 and 86% in 2023.
McDonald's said it returned approximately $7.7 billion to shareholders through dividends and share repurchases in 2024. The company repurchased 10.1 million shares for $2.8 billion, and the Q4 dividend increased from $1.67 to $1.77.
McDonald's said cash used for investing activities in 2024 totaled $5.3 billion, an increase of $2.1 billion compared with 2023. The company cited increased ownership stake in McDonald's China business, the acquisition of McDonald's business in Israel and higher capital expenditures due to restaurant development initiatives as factors.
Key figures
Fiscal year ended December 31, 2024
- Revenue
- $25.9B
- Operating income
- $11.7B
- Net income
- $8.2B
- EPS
- $11.39
- Operating cash flow
- $9.4B
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
2024 Net Income $8.2 billion, Diluted EPS $11.39
McDonald's said net income for 2024 decreased 3% (2% in constant currencies) to $8.2 billion, and diluted earnings per common share decreased 1% to $11.39. The company said foreign currency translation had a negative impact of $0.06 on diluted earnings per share.
Source · Based on the MD&A text of the filing
Operating Cash Flow $9.4 billion, Free Cash Flow $6.7 billion
McDonald's said cash provided by operations for 2024 totaled $9.4 billion, down slightly compared with 2023, and free cash flow was $6.7 billion, a decrease of $580 million or 8%. The company said its free cash flow conversion rate was 81% in 2024 and 86% in 2023.
Source · Based on the MD&A text of the filing
2024 Shareholder Returns of Approximately $7.7 billion and Share Repurchases
McDonald's said it returned approximately $7.7 billion to shareholders through dividends and share repurchases in 2024. The company repurchased 10.1 million shares for $2.8 billion, and the Q4 dividend increased from $1.67 to $1.77.
Source · Based on the MD&A text of the filing
Investing Activities Cash $5.3 billion and Increased Capital Expenditures
McDonald's said cash used for investing activities in 2024 totaled $5.3 billion, an increase of $2.1 billion compared with 2023. The company cited increased ownership stake in McDonald's China business, the acquisition of McDonald's business in Israel and higher capital expenditures due to restaurant development initiatives as factors.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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