Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

McDonald's Corporation (MCD) had Return on Tangible Equity of -26.32% for the most recently reported fiscal quarter, ending 2023-12-31.

Quarterly Annual

Figures for fiscal quarter ending 2023-12-31

Income Statement Financials
Revenue	$6.41B
Net Income	$2.04B
Cost of Goods Sold	$2.75B
Gross Profit	$3.65B
Operating Expenses	$3.60B
Operating Income	$2.80B
Non-Operating Income/Expense	$-286.90M
Pre-Tax Income	$2.52B
Normalized Pre-Tax Income	$2.52B
Income after Taxes	$2.04B
Income from Continuous Operations	$2.04B
Consolidated Net Income/Loss	$2.04B
Normalized Income after Taxes	$2.04B
EBIT	$2.80B
EBITDA	$3.30B
Weighted-Average Shares Outstanding (Basic)	727.90M
Weighted-Average Shares Outstanding (Diluted)	732.30M
Earnings per Share (EPS) (Basic)	$2.80
Earnings per Share (EPS) (Diluted)	$2.79
Balance Sheet Financials
Current Assets	$7.99B
Property, Plant, and Equipment	$24.91B
Long-Term Assets	$48.16B
Total Assets	$56.15B
Current Liabilities	$6.86B
Long-Term Debt	$37.15B
Long-Term Liabilities	$53.99B
Total Liabilities	$60.85B
Common Equity	$-4.71B
Tangible Shareholders Equity	$-7.75B
Shareholders Equity	$-4.71B
Common Shares Outstanding	722.70M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$9.61B
Cash Flow from Investing Activities	$-3.18B
Cash Flow from Financial Activities	$-4.37B
Beginning Cash	$2.58B
End Cash	$4.58B
Increase/Decrease in Cash	$2.00B
Stock-Based Compensation	$175.20M
Common Stock Dividends Paid	$-4.53B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.16
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	1.15
Debt to Equity Ratio	-8.36
Gross Margin	57.04%
Operating Margin	43.74%
EBIT Margin	43.74%
EBITDA Margin	--
Pre-Tax Profit Margin	39.26%
Profit Margin	31.83%
Free Cash Flow	$7.35B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.11
Inventory Turnover	52.12
Receiveable Turnover	2.57
Days Sales in Receivables	34.95
Return on Equity	-43.32%
Return on Tangible Equity	-26.32%
Return on Assets	3.63%
Return on Investments	6.28%
Book Value Per Share	$-6.51
Free Cash Flow per Share	$10.04
Operating Cash Flow per Share	$13.13

Data from Zacks Investment Research, Inc.