Stock Analysis on Net
Stock Analysis on Net

McDonald’s Corp. (NYSE:MCD)

듀퐁 분석: ROE, ROA및 순이익률의 세분화 
분기별 데이터

Microsoft Excel

분해 ROE 는 순이익을 주주 자본으로 나눈 값을 구성 요소 비율의 곱으로 표현하는 것을 포함합니다.

ROE 두 가지 구성 요소로 세분화

McDonald’s Corp., ROE 분해 (분기별 데이터)

Microsoft Excel
ROE = ROA × 재무 레버리지 비율
2024. 9. 30. — = 14.68% × —
2024. 6. 30. — = 15.44% × —
2024. 3. 31. — = 16.06% × —
2023. 12. 31. — = 15.08% × —
2023. 9. 30. — = 16.00% × —
2023. 6. 30. — = 15.86% × —
2023. 3. 31. — = 13.22% × —
2022. 12. 31. — = 12.25% × —
2022. 9. 30. — = 12.19% × —
2022. 6. 30. — = 12.35% × —
2022. 3. 31. — = 13.98% × —
2021. 12. 31. — = 14.01% × —
2021. 9. 30. — = 13.81% × —
2021. 6. 30. — = 13.29% × —
2021. 3. 31. — = 10.10% × —
2020. 12. 31. — = 8.99% × —
2020. 9. 30. — = 9.72% × —
2020. 6. 30. — = 9.55% × —
2020. 3. 31. — = 11.48% × —
2019. 12. 31. — = 12.68% × —
2019. 9. 30. — = — × —
2019. 6. 30. — = — × —
2019. 3. 31. — = — × —

보고서 기준: 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31), 10-K (보고 날짜: 2021-12-31), 10-Q (보고 날짜: 2021-09-30), 10-Q (보고 날짜: 2021-06-30), 10-Q (보고 날짜: 2021-03-31), 10-K (보고 날짜: 2020-12-31), 10-Q (보고 날짜: 2020-09-30), 10-Q (보고 날짜: 2020-06-30), 10-Q (보고 날짜: 2020-03-31), 10-K (보고 날짜: 2019-12-31), 10-Q (보고 날짜: 2019-09-30), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31).

ROE 세 가지 구성 요소로 세분화

McDonald’s Corp., ROE 분해 (분기별 데이터)

Microsoft Excel
ROE = 순이익률(Net Profit Margin Ratio) × 자산 회전율 × 재무 레버리지 비율
2024. 9. 30. — = 31.79% × 0.46 × —
2024. 6. 30. — = 32.25% × 0.48 × —
2024. 3. 31. — = 33.36% × 0.48 × —
2023. 12. 31. — = 33.22% × 0.45 × —
2023. 9. 30. — = 33.31% × 0.48 × —
2023. 6. 30. — = 33.06% × 0.48 × —
2023. 3. 31. — = 29.36% × 0.45 × —
2022. 12. 31. — = 26.65% × 0.46 × —
2022. 9. 30. — = 25.41% × 0.48 × —
2022. 6. 30. — = 25.77% × 0.48 × —
2022. 3. 31. — = 29.93% × 0.47 × —
2021. 12. 31. — = 32.49% × 0.43 × —
2021. 9. 30. — = 32.33% × 0.43 × —
2021. 6. 30. — = 31.72% × 0.42 × —
2021. 3. 31. — = 26.31% × 0.38 × —
2020. 12. 31. — = 24.63% × 0.36 × —
2020. 9. 30. — = 25.60% × 0.38 × —
2020. 6. 30. — = 24.78% × 0.39 × —
2020. 3. 31. — = 27.86% × 0.41 × —
2019. 12. 31. — = 28.59% × 0.44 × —
2019. 9. 30. — = — × — × —
2019. 6. 30. — = — × — × —
2019. 3. 31. — = — × — × —

보고서 기준: 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31), 10-K (보고 날짜: 2021-12-31), 10-Q (보고 날짜: 2021-09-30), 10-Q (보고 날짜: 2021-06-30), 10-Q (보고 날짜: 2021-03-31), 10-K (보고 날짜: 2020-12-31), 10-Q (보고 날짜: 2020-09-30), 10-Q (보고 날짜: 2020-06-30), 10-Q (보고 날짜: 2020-03-31), 10-K (보고 날짜: 2019-12-31), 10-Q (보고 날짜: 2019-09-30), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31).

ROE를 5개 구성 요소로 세분화

McDonald’s Corp., ROE 분해 (분기별 데이터)

Microsoft Excel
ROE = 세금 부담 × 이자 부담 × EBIT 마진 × 자산 회전율 × 재무 레버리지 비율
2024. 9. 30. — = 0.80 × 0.87 × 45.52% × 0.46 × —
2024. 6. 30. — = 0.80 × 0.88 × 46.00% × 0.48 × —
2024. 3. 31. — = 0.81 × 0.88 × 46.84% × 0.48 × —
2023. 12. 31. — = 0.80 × 0.89 × 46.61% × 0.45 × —
2023. 9. 30. — = 0.81 × 0.89 × 46.65% × 0.48 × —
2023. 6. 30. — = 0.80 × 0.89 × 46.49% × 0.48 × —
2023. 3. 31. — = 0.80 × 0.87 × 41.86% × 0.45 × —
2022. 12. 31. — = 0.79 × 0.87 × 38.96% × 0.46 × —
2022. 9. 30. — = 0.78 × 0.87 × 37.71% × 0.48 × —
2022. 6. 30. — = 0.78 × 0.87 × 37.79% × 0.48 × —
2022. 3. 31. — = 0.82 × 0.88 × 41.62% × 0.47 × —
2021. 12. 31. — = 0.83 × 0.89 × 44.41% × 0.43 × —
2021. 9. 30. — = 0.82 × 0.88 × 44.61% × 0.43 × —
2021. 6. 30. — = 0.82 × 0.87 × 44.11% × 0.42 × —
2021. 3. 31. — = 0.78 × 0.84 × 40.20% × 0.38 × —
2020. 12. 31. — = 0.77 × 0.83 × 38.31% × 0.36 × —
2020. 9. 30. — = 0.78 × 0.84 × 39.13% × 0.38 × —
2020. 6. 30. — = 0.76 × 0.84 × 38.61% × 0.39 × —
2020. 3. 31. — = 0.76 × 0.87 × 42.04% × 0.41 × —
2019. 12. 31. — = 0.75 × 0.88 × 43.37% × 0.44 × —
2019. 9. 30. — = — × — × — × — × —
2019. 6. 30. — = — × — × — × — × —
2019. 3. 31. — = — × — × — × — × —

보고서 기준: 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31), 10-K (보고 날짜: 2021-12-31), 10-Q (보고 날짜: 2021-09-30), 10-Q (보고 날짜: 2021-06-30), 10-Q (보고 날짜: 2021-03-31), 10-K (보고 날짜: 2020-12-31), 10-Q (보고 날짜: 2020-09-30), 10-Q (보고 날짜: 2020-06-30), 10-Q (보고 날짜: 2020-03-31), 10-K (보고 날짜: 2019-12-31), 10-Q (보고 날짜: 2019-09-30), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31).

ROA 두 가지 구성 요소로 세분화

McDonald’s Corp., ROA 분해 (분기별 데이터)

Microsoft Excel
ROA = 순이익률(Net Profit Margin Ratio) × 자산 회전율
2024. 9. 30. 14.68% = 31.79% × 0.46
2024. 6. 30. 15.44% = 32.25% × 0.48
2024. 3. 31. 16.06% = 33.36% × 0.48
2023. 12. 31. 15.08% = 33.22% × 0.45
2023. 9. 30. 16.00% = 33.31% × 0.48
2023. 6. 30. 15.86% = 33.06% × 0.48
2023. 3. 31. 13.22% = 29.36% × 0.45
2022. 12. 31. 12.25% = 26.65% × 0.46
2022. 9. 30. 12.19% = 25.41% × 0.48
2022. 6. 30. 12.35% = 25.77% × 0.48
2022. 3. 31. 13.98% = 29.93% × 0.47
2021. 12. 31. 14.01% = 32.49% × 0.43
2021. 9. 30. 13.81% = 32.33% × 0.43
2021. 6. 30. 13.29% = 31.72% × 0.42
2021. 3. 31. 10.10% = 26.31% × 0.38
2020. 12. 31. 8.99% = 24.63% × 0.36
2020. 9. 30. 9.72% = 25.60% × 0.38
2020. 6. 30. 9.55% = 24.78% × 0.39
2020. 3. 31. 11.48% = 27.86% × 0.41
2019. 12. 31. 12.68% = 28.59% × 0.44
2019. 9. 30. — = — × —
2019. 6. 30. — = — × —
2019. 3. 31. — = — × —

보고서 기준: 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31), 10-K (보고 날짜: 2021-12-31), 10-Q (보고 날짜: 2021-09-30), 10-Q (보고 날짜: 2021-06-30), 10-Q (보고 날짜: 2021-03-31), 10-K (보고 날짜: 2020-12-31), 10-Q (보고 날짜: 2020-09-30), 10-Q (보고 날짜: 2020-06-30), 10-Q (보고 날짜: 2020-03-31), 10-K (보고 날짜: 2019-12-31), 10-Q (보고 날짜: 2019-09-30), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31).

2024년 3 분기 자산회전율(ROA)이 감소한 가장 큰 이유는 자산회전율 감소입니다.

ROA를 4개의 구성 요소로 세분화

McDonald’s Corp., ROA 분해 (분기별 데이터)

Microsoft Excel
ROA = 세금 부담 × 이자 부담 × EBIT 마진 × 자산 회전율
2024. 9. 30. 14.68% = 0.80 × 0.87 × 45.52% × 0.46
2024. 6. 30. 15.44% = 0.80 × 0.88 × 46.00% × 0.48
2024. 3. 31. 16.06% = 0.81 × 0.88 × 46.84% × 0.48
2023. 12. 31. 15.08% = 0.80 × 0.89 × 46.61% × 0.45
2023. 9. 30. 16.00% = 0.81 × 0.89 × 46.65% × 0.48
2023. 6. 30. 15.86% = 0.80 × 0.89 × 46.49% × 0.48
2023. 3. 31. 13.22% = 0.80 × 0.87 × 41.86% × 0.45
2022. 12. 31. 12.25% = 0.79 × 0.87 × 38.96% × 0.46
2022. 9. 30. 12.19% = 0.78 × 0.87 × 37.71% × 0.48
2022. 6. 30. 12.35% = 0.78 × 0.87 × 37.79% × 0.48
2022. 3. 31. 13.98% = 0.82 × 0.88 × 41.62% × 0.47
2021. 12. 31. 14.01% = 0.83 × 0.89 × 44.41% × 0.43
2021. 9. 30. 13.81% = 0.82 × 0.88 × 44.61% × 0.43
2021. 6. 30. 13.29% = 0.82 × 0.87 × 44.11% × 0.42
2021. 3. 31. 10.10% = 0.78 × 0.84 × 40.20% × 0.38
2020. 12. 31. 8.99% = 0.77 × 0.83 × 38.31% × 0.36
2020. 9. 30. 9.72% = 0.78 × 0.84 × 39.13% × 0.38
2020. 6. 30. 9.55% = 0.76 × 0.84 × 38.61% × 0.39
2020. 3. 31. 11.48% = 0.76 × 0.87 × 42.04% × 0.41
2019. 12. 31. 12.68% = 0.75 × 0.88 × 43.37% × 0.44
2019. 9. 30. — = — × — × — × —
2019. 6. 30. — = — × — × — × —
2019. 3. 31. — = — × — × — × —

보고서 기준: 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31), 10-K (보고 날짜: 2021-12-31), 10-Q (보고 날짜: 2021-09-30), 10-Q (보고 날짜: 2021-06-30), 10-Q (보고 날짜: 2021-03-31), 10-K (보고 날짜: 2020-12-31), 10-Q (보고 날짜: 2020-09-30), 10-Q (보고 날짜: 2020-06-30), 10-Q (보고 날짜: 2020-03-31), 10-K (보고 날짜: 2019-12-31), 10-Q (보고 날짜: 2019-09-30), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31).

2024년 3 분기 자산회전율(ROA)이 감소한 주된 이유는 자산회전율로 측정한 효율성이 감소했기 때문입니다.

순이익률(Net Profit Margin Ratio)의 세분화

McDonald’s Corp., 순이익률의 분해(분기별 데이터)

Microsoft Excel
순이익률(Net Profit Margin Ratio) = 세금 부담 × 이자 부담 × EBIT 마진
2024. 9. 30. 31.79% = 0.80 × 0.87 × 45.52%
2024. 6. 30. 32.25% = 0.80 × 0.88 × 46.00%
2024. 3. 31. 33.36% = 0.81 × 0.88 × 46.84%
2023. 12. 31. 33.22% = 0.80 × 0.89 × 46.61%
2023. 9. 30. 33.31% = 0.81 × 0.89 × 46.65%
2023. 6. 30. 33.06% = 0.80 × 0.89 × 46.49%
2023. 3. 31. 29.36% = 0.80 × 0.87 × 41.86%
2022. 12. 31. 26.65% = 0.79 × 0.87 × 38.96%
2022. 9. 30. 25.41% = 0.78 × 0.87 × 37.71%
2022. 6. 30. 25.77% = 0.78 × 0.87 × 37.79%
2022. 3. 31. 29.93% = 0.82 × 0.88 × 41.62%
2021. 12. 31. 32.49% = 0.83 × 0.89 × 44.41%
2021. 9. 30. 32.33% = 0.82 × 0.88 × 44.61%
2021. 6. 30. 31.72% = 0.82 × 0.87 × 44.11%
2021. 3. 31. 26.31% = 0.78 × 0.84 × 40.20%
2020. 12. 31. 24.63% = 0.77 × 0.83 × 38.31%
2020. 9. 30. 25.60% = 0.78 × 0.84 × 39.13%
2020. 6. 30. 24.78% = 0.76 × 0.84 × 38.61%
2020. 3. 31. 27.86% = 0.76 × 0.87 × 42.04%
2019. 12. 31. 28.59% = 0.75 × 0.88 × 43.37%
2019. 9. 30. — = — × — × —
2019. 6. 30. — = — × — × —
2019. 3. 31. — = — × — × —

보고서 기준: 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31), 10-K (보고 날짜: 2021-12-31), 10-Q (보고 날짜: 2021-09-30), 10-Q (보고 날짜: 2021-06-30), 10-Q (보고 날짜: 2021-03-31), 10-K (보고 날짜: 2020-12-31), 10-Q (보고 날짜: 2020-09-30), 10-Q (보고 날짜: 2020-06-30), 10-Q (보고 날짜: 2020-03-31), 10-K (보고 날짜: 2019-12-31), 10-Q (보고 날짜: 2019-09-30), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31).

2024년 3 분기 순이익률 하락의 주요 원인은 EBIT 마진율로 측정한 영업이익률 감소다.