Millions of customers visit McDonald’s locations every single day across the world. As the largest fast food chain on the planet, McDonald’s serves an incredibly high volume of burgers, fries and beverages daily. However, have you ever wondered how much does McDonald’s make a day from all of their restaurants globally? The daily sales figures are quite astounding and provide insight into why McDonald’s has become such an iconic brand over the past several decades. With over 36,000 restaurants in more than 100 countries, McDonald’s serves 68 million customers each day. In this post, we will break down McDonald’s daily sales and reveal just how much money this fast food giant generates every 24 hours through their vast international network of restaurants.
Overview of McDonald’s
Before delving into the daily sales figures, let’s first take a brief look at McDonald’s as a company. Founded in 1940 by brothers Richard and Maurice McDonald, the company initially began as a barbecue restaurant. However, it wasn’t until Ray Kroc joined the company in 1955 that McDonald’s started its expansion and became the fast food giant we know today.
Kroc’s vision was to establish a standardized menu and operating system, allowing for quick service and mass production of food. This plan proved to be wildly successful, as McDonald’s quickly grew in popularity and expanded globally.
How Much Does McDonald’s Make a Day?
Ever wondered how much does McDonald’s make a day? Brace yourself, because it’s mind-blowing. A whopping $57,745,205. This mind-boggling figure comes straight from McDonald’s official 2019 fiscal report, where they revealed a jaw-dropping annual revenue of $21,077,000,000.
Furthermore, in 2021 alone, they managed to pocket a whopping $23.223 billion in revenue. By doing a little math wizardry and dividing that colossal number by 365, we can estimate that the golden arches make a jaw-dropping $63.625 million dollars EACH DAY. Yep, you read that right. That’s some serious cash flowing in those fast-food drive-thrus.
In 2022, McDonald’s revenue is projected to reach a staggering $26.338 billion, which would amount to approximately $72 million per day. This estimated daily figure continues to grow each year.
Of course, daily sales vary from store to store, but on average, each McDonald’s restaurant makes around $2.7 million a year in sales. This number can fluctuate depending on the location and time of year, with some restaurants reporting higher or lower annual revenue.
What Are the Major Sources of McDonald’s Income?
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In 2021 alone, they made a whopping $23.2 billion. But where does all that money come from? Well, it mainly boils down to three revenue sources: sales from their own restaurants and fees from the ones run by franchisees, developmental licensees, and affiliates.
McDonald’s is all about franchising, and they think it’s the key to delectable food, personalized experiences, and fat stacks of cash. When you become a franchisee, you get to be your own boss and have full control over everything – from hiring to marketing to pricing. Plus, you get to piggyback on the global fame of the McDonald’s brand, their seamless operations, and their financial muscle.
In this epic tale, we’ll uncover the different franchise models McDonald’s uses, how they make bank with each one, and dive into the secret world of their supply chain. Get ready for the juicy details.
How Much Money Does McDonald’s Make Per Year?
From 2010 to 2023, let’s take a look at their annual and quarterly revenue history and growth rate. Revenue refers to the money the company brings in from its customers, through the sale of goods and services. This is the top line item on their income statement, and after subtracting costs and expenses, it determines their net income.
For the quarter ending September 30, 2023, McDonald’s pulled in a cool $6.692 billion, marking a 13.97% increase compared to the previous year. And for the twelve months leading up to the same date, their revenue reached a staggering $25.014 billion, reflecting a solid 7.52% increase year-over-year.
Now, let’s zoom in on the past couple of years. In 2022, McDonald’s annual revenue dipped slightly to $23.183 billion, experiencing a minor decline of just 0.17% compared to the previous year. However, the year 2021 was a big win, with an impressive 20.9% increase in revenue, reaching $23.223 billion. Unfortunately, the tumultuous year of 2020 saw a decline in revenue, down 10.09% to $19.208 billion compared to 2019.
All in all, McDonald’s has had its fair share of ups and downs, but there’s no denying their giant footprint in the fast food industry.
Does McDonald’s Make More Than Other Fast Food Companies?
McDonald’s, the king of fast food, raked in a jaw-dropping $48 billion in sales last year. That’s a whopping 74% more than their closest competitor. But wait, there’s more. Let’s check out the full list of the top earners in the fast food industry in 2022:
- McDonald’s – $48,734 million (up 2 spots)
- Starbucks – $28,100 million (holding strong at number 2)
- Chick-fil-A – $18,814 million (climbing an impressive 15 spots)
- Taco Bell – $13,850 million (up 1 spot)
- Wendy’s – $11,694 million (up 4 spots)
- Dunkin’ – $11,279 million (down 2 spots)
- Subway – $10,372 million (down 6 spots)
- Burger King – $10,278 million (down 2 spots)
- Domino’s – $8,752 million (down 2 spots)
- Chipotle – $8,600 million (up 6 spots)
And here’s a fun fact: even though Chick-fil-A is closed on Sundays, they’ve managed to shoot up 18 positions to claim the third spot in terms of revenue. It’s not just the big players making moves though. Raising Cane’s, known for their mouthwatering chicken fingers, and Panera Bread, Starbucks’ bakery rival, are soaring up the rankings as well, climbing 19 and 13 spots respectively.
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On the flip side, Papa Murphy’s and Baskin Robbins have taken a dive, bringing in between $600-700 million and landing at the bottom of the sales ladder. So McDonald’s continues to dominate the fast food industry, but don’t count out the underdogs making their way up the ranks.
Global Economic Factors Influencing McDonald’s Profits
When it comes to McDonald’s profits, there are a few key global factors that play a major role. Let’s break it down:
- Government rules and regulations: McDonald’s operates in many countries, each with its own set of laws. These laws can affect the company’s operations, supply chain, and pricing strategies. For example, some countries may have strict rules on importing food ingredients, which can impact McDonald’s supply chain.
- Political stability: The stability of the countries where McDonald’s operates directly impacts the company’s operations. In unstable regions, there may be a higher risk of unrest or changes in government policies that can disrupt business, affect franchisees, or impact customer confidence.
- Taxation policies: Different countries have different tax laws, which can affect McDonald’s profits. The company needs to follow these laws and adjust its pricing and financial strategies accordingly. Changes in tax rates or other taxes can greatly impact McDonald’s bottom line.
- International trade agreements: McDonald’s relies on trade agreements to expand and operate its supply chain. The company benefits from agreements that reduce trade barriers and tariffs. However, trade disputes or protectionist policies can create challenges for McDonald’s, affecting its ingredient imports, expansion plans, and pricing strategies.
- Lobbying and influence: McDonald’s engages in lobbying efforts to shape regulations and policies in its favor. This helps the company protect its competitive advantage and influence public policy.
- Public health policies: McDonald’s is often criticized for its impact on public health. Governments may implement policies to promote healthier eating habits, such as taxing unhealthy food items or restricting advertising. These policies can force McDonald’s to adapt its menu, marketing, and pricing strategies.
Investing in a McDonald’s Franchise
Now know how much does McDonald’s make a day, let’s take a closer look at their franchise model. So how much does it cost to invest in a McDonald’s franchise and what are the potential returns? Let’s take a look.
How Much Money Do I Need?
The total cost to invest in a McDonald’s franchise can vary greatly depending on several factors, such as location, size of the store, and other expenses like equipment and training fees. However, the average initial investment for a new McDonald’s franchise is estimated to be between $1 million to $2.2 million.
How Much Can I Earn as a Franchisee?
The potential earnings for a McDonald’s franchisee also varies depending on factors such as location, sales performance, and operational expenses. However, the average annual revenue for a single-store McDonald’s franchise is estimated to be around $2.7 million.
It’s important to note that while investing in a McDonald’s franchise can lead to high profits, it also comes with significant costs and risks. Franchisees must adhere to strict guidelines and regulations set by McDonald’s, which can limit their control over the business.
Should I Work at McDonald’s?
While working at McDonald’s may not be everyone’s dream job, the company offers a range of benefits and opportunities for its employees. Here are some reasons to consider a career at McDonald’s:
- Flexible Scheduling: McDonald’s offers flexible scheduling options for their employees, making it an ideal job for students or those with other commitments.
- Training and Development: McDonald’s provides extensive training and development programs for employees, helping them gain valuable skills that can be used in their future career.
- Opportunities for Advancement: McDonald’s has a strong track record of promoting from within, making it possible for entry-level employees to climb the corporate ladder and advance in their careers.
- Competitive Pay: McDonald’s offers competitive pay for its employees, with the potential for raises and bonuses based on performance.
- Employee Benefits: In addition to pay, McDonald’s also offers various employee benefits such as health insurance, retirement plans, and discounts on food.
What are McDonald’s Wages?
On average, hourly wages range from around $12.75 for Fast Food Attendants to $18.80 for Managers. This info comes from gathering data from 80 employees, users, and job ads on Indeed over the past 36 months.
Keep in mind that these figures are just estimates based on info provided by third parties. Actual wages may vary depending on your location, so it’s best to check with the employer for accurate salary info.
Ronald B Gamrot is the owner of Silverking Brewery, one of the most successful craft breweries in North America. He started the business from scratch in his garage, and it has since grown into a multimillion-dollar operation. Ronald is passionate about brewing delicious beer and providing top-notch customer service. He is a respected member of the brewing community and often speaks at industry events.
Does anyone know what is the estimated profit for a McDonalds franchise in M’sia?
McDonalds and other big corporations can EASILY afford to raise min. wage to $15+/h
How does McDonald’s make a profit by selling any size drink for $1?
It is a number many restaurants dream of
I’d change your view in that if you as McDonald’s CEO made this happen, you can and would be sued by shareholders. Thus, it is not something that can easily be done as a public company. You would have to prove that raising wages also raises profitability, but by your own arguments, McDonald’s must sacrifice profits to do this.
The cost of a paper cup, ice, lid, straw, and soda is about 20¢