McDonald`s Corp
McDonald`s Corp: Tax Rate (%)
  • McDonald`s Corp annual tax rate was $0.20 in fiscal year 2019. The annual tax rate Decreased $-0.02 from $0.21 (in 2022) to $0.20 (in 2019).
    This Decreased represents a tax rate growth of -7.33% Billion year over year.


  • McDonald`s Corp quarterly tax rate was $0.19 in the quarter ending in Dec 23. The quarterly tax rate Increased $0.00 from $0.19 (in Dec 22) to $0.19 (in Dec 23).
    This Increased represents a tax rate growth of +1.65% year over year.


  • In the last 5 years from 2019 to 2023 :
    • Highest tax rate of McDonald`s Corp was $0.25 in fiscal year 2019
    • Lowest tax rate of McDonald`s Corp was $0.17 in fiscal year 2021
    • Average tax rate of McDonald`s Corp was $0.21


  • Explore additional financial metrics for McDonald`s Corp
  • Check out competitors to McDonald`s Corp.


  • Definition of Tax Rate (%) :
    The tax rate is the percentage of income that an individual or a business is required to pay to the government. For more details on tax rate, examples and formulas, refer to our glossary.
McDonald`s Corp: Tax Rate (%)
McDonald`s Corp : Tax Rate (%) Details
2023

McDonald`s Corp annual tax rate was $0.20 in fiscal year 2023.
McDonald`s Corp quarterly tax rate was $0.20 (Mar) , $0.18 (Jun) , $0.21 (Sep) , and $0.19 (Dec) in fiscal year 2023.

2022

McDonald`s Corp annual tax rate was $0.21 in fiscal year 2022.
McDonald`s Corp quarterly tax rate was $0.28 (Mar) , $0.16 (Jun) , $0.22 (Sep) , and $0.19 (Dec) in fiscal year 2022.

2021

McDonald`s Corp annual tax rate was $0.17 in fiscal year 2021.
McDonald`s Corp quarterly tax rate was $0.21 (Mar) , $0.07 (Jun) , $0.20 (Sep) , and $0.22 (Dec) in fiscal year 2021.

2020

McDonald`s Corp annual tax rate was $0.23 in fiscal year 2020.
McDonald`s Corp quarterly tax rate was $0.23 (Mar) , $0.25 (Jun) , $0.20 (Sep) , and $0.25 (Dec) in fiscal year 2020.

2019

McDonald`s Corp annual tax rate was $0.25 in fiscal year 2019.
McDonald`s Corp quarterly tax rate was $0.27 (Mar) , $0.24 (Jun) , $0.25 (Sep) , and $0.22 (Dec) in fiscal year 2019.

McDonald`s Corp : Tax Rate (%) (year over year growth)
McDonald`s Corp : Tax Rate (%) (Year Over Year Growth) Details
2023

McDonald`s Corp annual tax rate Decreased -7.33% during fiscal year 2023 compared to 2022.
This represents an Decreased in tax rate of -$0.02 from $0.20 (in 2023) to $0.21 (in 2022).

2022

McDonald`s Corp annual tax rate Increased +21.46% during fiscal year 2022 compared to 2021.
This represents an Increased in tax rate of +$0.04 from $0.21 (in 2022) to $0.17 (in 2021).

2021

McDonald`s Corp annual tax rate Decreased -24.50% during fiscal year 2021 compared to 2020.
This represents an Decreased in tax rate of -$0.06 from $0.17 (in 2021) to $0.23 (in 2020).

2020

McDonald`s Corp annual tax rate Decreased -7.60% during fiscal year 2020 compared to 2019.
This represents an Decreased in tax rate of -$0.02 from $0.23 (in 2020) to $0.25 (in 2019).

McDonald`s Corp : Tax Rate (%) - Annual (Tabular)
Period Tax Rate (%) Y/Y Growth
2023 $0.20 -7.33%
2022 $0.21 +21.46%
2021 $0.17 -24.50%
2020 $0.23 -7.60%
McDonald`s Corp : Tax Rate (%) - Quarterly (Tabular)
Period Tax Rate (%) Y/Y Growth
Dec 23 $0.19 +1.65%
Sep 23 $0.21 -5.15%
Jun 23 $0.18 +14.56%
Mar 23 $0.20 -27.67%
Dec 22 $0.19 -16.32%
Sep 22 $0.22 +8.69%
Jun 22 $0.16 +137.92%
Mar 22 $0.28 +33.20%
Dec 21 $0.22 -10.07%
Sep 21 $0.20 -1.85%
Jun 21 $0.07 -74.06%
Mar 21 $0.21 -9.04%
Dec 20 $0.25 +10.32%
Sep 20 $0.20 -18.94%
Jun 20 $0.25 +3.97%
Mar 20 $0.23 -14.82%
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