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Common-Size Income Statement
McDonald’s Corp., Common-Size Consolidated Income Statement
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||McDonald’s Corp.’s operating income as a percentage of revenues increased from 2015 to 2016 and from 2016 to 2017.|
|Income before provision for income taxes||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.||McDonald’s Corp.’s income before provision for income taxes as a percentage of revenues increased from 2015 to 2016 and from 2016 to 2017.|
|Net income||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||McDonald’s Corp.’s net income as a percentage of revenues increased from 2015 to 2016 and from 2016 to 2017.|