Fast food giant McDonald’s recorded a revenue of approximately 8.71 billion U.S. dollars in the United States alone in 2021. Comparatively, international operated markets accounted for the highest amount of revenue, with 12.09 billion U.S. dollars. Due to the company's widespread success, McDonald's has become one of the most well-known fast food restaurants in the United States.
The McDonald's brand
McDonald’s is arguably one of the most recognizable brands worldwide, let alone within the quick service market. In 2021, the company had over 40 thousand restaurants all over the globe. The majority of these were based in the United States. However, the number of McDonald's restaurants worldwide is expanding in other regions as well. In 2021, there were 13,438 McDonald's restaurants located in the United States. Meanwhile, there were 10,785 restaurants located in international operated markets.
Why did McDonald's revenue decrease?
The quick service restaurant market has become increasingly competitive in recent years and while McDonald’s remains profitable, revenue has generally declined over the past decade. The McDonald’s business model – easily affordable food, clean environment, accessible by all - was something that revolutionized food service. However, in recent years, this has been replicated by many other restaurants. This could be one of the many reasons there has been a decrease in revenue for the company. That being said, McDonald's revenue saw a noticeable drop in 2020 due to the coronavirus (COVID-19) pandemic.
Revenue of McDonald's Corporation worldwide in 2021, by region
(in billion U.S. dollars)
Characteristic
United States
International Operated Markets
International Developmental Licensed Markets & Corporate
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McDonald's. (February 24, 2022). Revenue of McDonald's Corporation worldwide in 2021, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 29, 2022, from https://www.statista.com/statistics/219453/revenue-of-the-mcdonalds-corporation-by-geographic-region/
McDonald's. "Revenue of McDonald's Corporation worldwide in 2021, by region (in billion U.S. dollars)." Chart. February 24, 2022. Statista. Accessed June 29, 2022. https://www.statista.com/statistics/219453/revenue-of-the-mcdonalds-corporation-by-geographic-region/
McDonald's. (2022). Revenue of McDonald's Corporation worldwide in 2021, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 29, 2022. https://www.statista.com/statistics/219453/revenue-of-the-mcdonalds-corporation-by-geographic-region/
McDonald's. "Revenue of Mcdonald's Corporation Worldwide in 2021, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Feb 2022, https://www.statista.com/statistics/219453/revenue-of-the-mcdonalds-corporation-by-geographic-region/
McDonald's, Revenue of McDonald's Corporation worldwide in 2021, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/219453/revenue-of-the-mcdonalds-corporation-by-geographic-region/ (last visited June 29, 2022)