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Beta. Revenue comes from cited filings. Unknown values stay pending; shares are computed from the filing.
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Business Engine ep08: How McDonald's Makes More From Rent Than Burgers πŸ”

How McDonald's earns more from rent than from selling burgers in its own restaurants.

Last checked 2026-10-18 on the official pages.

Premieres 20 Oct 2026, 17:00 CEST (Europe/Copenhagen) β†—

The Business Engine channel β†—

Companies in this episode

Evidence used

Franchised restaurants account for most restaurant margin dollars. verified

Franchised margins represented approximately 90% of restaurant margin dollars.

Evidence source β†—

  • C-32 β€” channel evidence reference; source mapping pending.
  • C-34 β€” channel evidence reference; source mapping pending.
  • C-36 β€” channel evidence reference; source mapping pending.
  • C-37 β€” channel evidence reference; source mapping pending.
  • C-38 β€” channel evidence reference; source mapping pending.
  • C-39 β€” channel evidence reference; source mapping pending.
  • C-41 β€” channel evidence reference; source mapping pending.

Company filing evidence provides additional context:

McDonald's

The annual franchise-revenue table reports rents, royalties and initial fees. verified

Revenues from franchised restaurants consisted of: In millions 2025 2024 2023 Rents $ 10,442 $ 10,017 $ 9,840 Royalties 6,018 5,606 5,531 Initial fees 88 92 66 Revenues from franchised restaurants $ 16,548 $ 15,715 $ 15,437

Evidence source β†—

Franchised restaurants account for most restaurant margin dollars. verified

Franchised margins represented approximately 90% of restaurant margin dollars.

Evidence source β†—

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Frequently asked questions

What does this episode cover?

How McDonald's earns more from rent than from selling burgers in its own restaurants.