McDonald's vs Domino's Pizza Business Model (2026)
McDonald's earns most from Rents from franchised restaurants (38.8%), while Domino's Pizza earns most from Supply chain (60.5%). Computed from McDonald's 10-K FY2025 and Domino's Pizza 10-K FY2025.
Last checked 2026-10-18 on the official pages.
McDonald's
Amounts in millions of USD. Shares are computed from the filing.
| Revenue line | Value | % of total | Filing |
|---|---|---|---|
| Company-owned and operated restaurant sales | $9,690 million ($9.7 billion) | 36.0% | 10-K FY2025 ↗ |
| Rents from franchised restaurants | $10,442 million ($10.4 billion) | 38.8% | 10-K FY2025 ↗ |
| Royalties from franchised restaurants | $6,018 million ($6.0 billion) | 22.4% | 10-K FY2025 ↗ |
| Initial franchise fees | $88 million | 0.3% | 10-K FY2025 ↗ |
| Other revenues | $647 million | 2.4% | 10-K FY2025 ↗ |
| Total revenue | $26,885 million ($26.9 billion) | — | 10-K FY2025 ↗ |
Domino's Pizza
Amounts in millions of USD. Shares are computed from the filing.
| Revenue line | Value | % of total | Filing |
|---|---|---|---|
| U.S. stores | $1,612 million ($1.6 billion) | 32.6% | 10-K FY2025 ↗ |
| Supply chain | $2,990 million ($3.0 billion) | 60.5% | 10-K FY2025 ↗ |
| International franchise | $339 million | 6.9% | 10-K FY2025 ↗ |
| Total revenue | $4,940 million ($4.9 billion) | — | 10-K FY2025 ↗ |
Shared business models
Company and model pages
McDonald's: Franchise and real estate
Domino's Pizza: Franchise and real estate · Retail margin
Frequently asked questions
How does McDonald's make money?
McDonald's makes money mainly from Rents from franchised restaurants. Its FY2025 total revenue was $26,885 million ($26.9 billion), with Rents from franchised restaurants the biggest disclosed revenue line at $10,442 million ($10.4 billion) and 38.8% of total revenue (computed from the 10-K FY2025). Rent from franchisees is McDonald’s biggest revenue line, ahead of company-operated restaurant sales and royalties.
How does Domino's Pizza make money?
Domino's Pizza makes money mainly from Supply chain. Its FY2025 total revenue was $4,940 million ($4.9 billion), with Supply chain the biggest disclosed revenue line at $2,990 million ($3.0 billion) and 60.5% of total revenue (computed from the 10-K FY2025). Domino's earns royalties and fees from franchisees.