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McDonald’s Corp. (MCD)
Common-Size Income Statement
Beginner level
McDonald’s Corp., common-size consolidated income statement
Based on: 10-K (filing date: 2019-02-22), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-03-01), 10-K (filing date: 2016-02-25), 10-K (filing date: 2015-02-24).
| Income statement item | Description | The company |
|---|---|---|
| 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 2016 to 2017 and from 2017 to 2018. |
| 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 2016 to 2017 but then slightly decreased from 2017 to 2018. |
| 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 2016 to 2017 and from 2017 to 2018. |