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What is the profit margin of a Mcdonald's 2024?

Isabella Kim | 2023-05-13 18:34:43 | page views：1506
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Zoe Walker

Studied at the University of Tokyo, Lives in Tokyo, Japan.
McDonald's, the nation's biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ.
2023-05-20 18:34:43
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Avery Taylor

QuesHub.com delivers expert answers and knowledge to you.
McDonald's, the nation's biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ.
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