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

    20% 8.7% 20%

    Questioner:Zoe Allen 2023-05-13 18:34:43
The most authoritative answer in 2024
  • Oliver Davis——Works at the International Air Transport Association, Lives in Montreal, Canada.

    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.read more >>
    +119962023-05-13 18:34:43

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