McDonald's global revenue 2005-2023
McDonald's generated a total revenue of 25.49 billion U.S. dollars in 2023. In that year, when looking at McDonald’s revenue by region, the country that generated the highest portion of revenue was the United States - accounting for 10.38 billion U.S. dollars. However, internationally operated markets including, but not exclusive to, Australia, France, Canada, and the UK, contributed the largest sum to the McDonald's total revenue in 2023.
How did McDonald’s start?
McDonald’s was originally founded in 1940 in San Bernardino, California, United States by Richard, and Maurice McDonald. It was eventually turned into a franchise operation and was bought from the McDonald’s brothers in 1955 by businessman Ray Kroc. In 2023, there were over 21 thousand conventionally franchised McDonald's restaurants worldwide which made up the majority of its 41 thousand establishments across the globe. The burger behemoth earned most of its revenue from McDonald’s franchised restaurants and received 15.44 billion U.S. dollars through this mode of operation in 2023.
Is McDonald’s the largest quick service chain?
McDonald’s had the highest brand value of any quick service restaurant company by a large margin in 2022. Not only that, but it also ranked in the top 100 biggest companies in the world in 2023. The biggest player in the market that year was Apple, with a total market capitalization amounting to over 2.7 trillion U.S. dollars.
