MCD McDonald's Corporation
XNYS
235.23
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
MCD
$235.23
—
Key stats
$235.23
- 52-Week Range
- $229.20 – $341.75
- YTD
- -22.43%
- IV Rank (30D)
- 49.17
- Straddle Price
- $12.62
- P/C Vol Ratio
- 0.33
- Market Cap
- $166.5B
- Open
- $235.97
- Day Range
- $234.14 – $237.50
- Volume
- 5,982,958
- Prev Close
- $236.90
Fair Value
MODEL: NEUTRAL
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.27% |
| Beta vs SPY | 0.66 |
| Cost of Equity (CAPM) | 8.55% (VRP-adj) |
| WACC | 7.89% |
| Volatility Risk Premium | +18.0pp (IV − HV30) |
| Effective Tax Rate | 21.9% |
| Rev. Growth (YoY, DCF input) | -4.8% |
| DCF Horizon | 10 years explicit + fade |
| Free Cash Flow (TTM) | $7.4B |
| Return on Equity (TTM) | -860.6% |
| Book / Price | -0.8% |
| Gross Margin (TTM) | 81.7% |
| FCF Margin (TTM) | 26.9% |
| Quality Score | 3/6 — normal (10y DCF) |
| Market-Implied Growth | +9.0% (reverse-DCF on current price) |
| SMA 50 | $256.31 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $240.68 |
| Bollinger Width / SMA20 | 6.0% (drives anchor stability) |
| Net Debt | $38.9B |
| Market Cap | $170B |
Peers used for multiples: AMZN, HD, LOW, MSFT, NKE, SHW, TJX, TSLA
60-Day Conviction
7%
20-Day Fair Value
≈ by Nov 9, 2026
$239.59
α +1.9%
rank 1%
conviction
88%
40-Day Fair Value
≈ by Dec 8, 2026
$239.38
α +1.8%
rank 1%
conviction
47%
60-Day Fair Value
≈ by Jan 6, 2027
$235.70
α +0.2%
rank 2%
conviction
7%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $71.05 | 17% | |
| DDM (Gordon) | $67.02 | 14% | |
| Peer P/E | $278.32 | 4% | median 22.9× · 8 peers |
| Peer EV/EBITDA | $290.96 | 5% | median 16.5× · 8 peers |
| Peer P/B | n/a | 0% | median 14.3× · 7 peers |
| Peer P/S | $106.97 | 7% | median 2.8× · 8 peers |
| Market Anchor (SMA50) | $256.31 | 35% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $234.55 | 17% | 27 strikes · skew -1.29 |
As of 2026-10-09 · updated
Related
About
- Industry (SIC)
- RETAIL-EATING PLACES (5812)
- Exchange
- XNYS
- Market Cap
- $166.5B
- Employees
- 150,000
- List Date
- 1966-07-05
- CIK
- 0000063908
- Next Earnings
- 2026-11-04 (Pre-Market)
- EPS Forecast
- $3.37 (10 est.)
- Headquarters
- Chicago, IL
- Homepage
- https://www.mcdonalds.com
McDonald's is the world's largest restaurant brand, with nearly $139 billion in systemwide sales across more than 45,000 restaurants and over 100 markets. The quick-service chain built its early reputation on speed, consistency, and affordable hamburgers, and today its global menu spans burgers, chicken, breakfast, and beverages that have helped popularize American fast-food cuisine globally. The firm derives the bulk of its revenue from franchise royalties and rent (about 62%), with the remainder stemming from company-operated restaurants across three segments: the United States (39% of syste…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -1.13% | -3.40% | 1.16% | -1.45% | -1.30% | 3.87% | -0.38% |
| Feb | -0.86% | -5.49% | -0.89% | -1.95% | 6.30% | 7.07% | 0.70% |
| Mar | 7.63% | 3.19% | 6.43% | -3.02% | 2.66% | -7.18% | 1.62% |
| Apr | 4.83% | -0.04% | 4.82% | -2.56% | 1.92% | -4.46% | 0.75% |
| May | -0.71% | 2.26% | -4.19% | -5.66% | 0.07% | -2.60% | -1.80% |
| Jun | -0.96% | -0.96% | 3.66% | -1.89% | -6.56% | -2.10% | -1.47% |
| Jul | 4.49% | 4.12% | -0.56% | 6.16% | 0.87% | 0.14% | 2.54% |
| Aug | -1.10% | -4.52% | -3.41% | 7.41% | 3.52% | -0.64% | 0.21% |
| Sep | 1.24% | -10.03% | -6.23% | 6.65% | -3.76% | -11.55% | -3.95% |
| Oct | 1.08% | 15.86% | 1.71% | -3.59% | -0.70% | 1.47%* | 2.64% |
| Nov | -2.39% | -0.06% | 7.58% | 0.27% | 5.21% | -- | 2.12% |
| Dec | 9.78% | -3.61% | 3.69% | -0.87% | 0.68% | -- | 1.93% |
| Total | 23.24% | -4.79% | 13.51% | -1.51% | 8.50% | -16.02% | 3.82% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $239.82
SMA 50: $255.65
SMA 200: $287.74
Current: $235.23
EMA 12: $235.93
EMA 26: $242.61
MACD: -6.6769 | Signal: 0.6497
BEARISH
ADX (14): 50.49
STRONG TREND
+DI: 11.90
−DI: 30.90
Momentum Oscillators
RSI (14): 36.67
NEUTRAL
Stoch %K: 22.47
Stoch %D: 17.81
Williams %R: -73.62
Volume & Volatility
BB Upper: $256.48
BB Lower: $223.16
NEUTRAL
OBV: -95,321,425
Vol SMA 20: 6,714,563
Vol ROC: -9.06%
ATR: $4.39
True Range: $3.36
HV 20: 24.3%
HV 30: 21.2%
HV 60: 20.4%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-11T00:00:00 – 2026-10-09T00:00:00
AI Analysis
Here is my response:
Executive Summary
Overall assessment: NEUTRAL (confidence level: 6/10)
Key drivers and primary risks:
- Recent earnings reports have been mixed, with some positive surprises but also some disappointments.
- The company's brand reputation and loyalty program remain strong, driving sales and customer retention.
- However, the high competition in the fast-food industry and increasing labor costs pose ongoing challenges.
Investment thesis: McDonald's is a stable dividend-paying stock that offers a relatively low-risk investment opportunity. While it may not be the most exciting growth story, it has a solid track record of generating consistent earnings and cash flow. The recent mixed earnings reports have created some uncertainty, but we believe this presents an attractive entry point for long-term investors.
Recent news sentiment impact: The recent news headlines have been mostly neutral, with no significant surprises or market-moving events. However, the positive sentiment from the first two articles could potentially drive a small upside move, while the negative article from the fourth day may weigh on prices.
Technical Analysis
Trend direction:
- Short-term (1-4 weeks): BEARISH
- Medium-term (1-3 months): NEUTRAL
- Long-term (3-12 months): BULLISH
Support/resistance levels: The stock has been trending downward since the start of August, with some support around $262 and resistance near $280. A break above or below these levels could trigger significant moves.
Momentum signals:
- RSI interpretation: NEUTRAL (55.73) - not oversold or overbought.
- MACD signal: BEARISH (MACD: -0.71, Signal: 1.11, Histogram: -1.82)
- Bollinger Bands position: NEUTRAL (price touching the middle band)
Volume analysis: The volume has been declining since mid-July, indicating a lack of conviction in the market. The on-balance volume (OBV) is also trending downward.
News & Sentiment Analysis
Recent headlines summary:
- Positive news: 2 articles with neutral sentiment
- Negative news: 3 articles with mixed sentiment
Sentiment assessment: The overall sentiment is NEUTRAL, reflecting a lack of significant market-moving events or surprises.
Catalyst identification: There are no immediate catalysts scheduled for the next few weeks. However, the upcoming earnings report on August 4 could have an impact on prices.
Market narrative: The recent mixed earnings reports and neutral news headlines suggest that the stock is in a holding pattern, waiting for the next significant event or catalyst to drive price movements.
Risk & Volatility Assessment
Beta interpretation: The beta of -0.02 indicates that the stock has historically moved opposite to the market, which could be an attractive feature for risk-averse investors.
Volatility regime: The current volatility level is relatively low compared to historical norms, which could make it a good time to enter the market.
Options market signals:
- IV rank: 42.4% (Medium) - indicates historically average volatility
- Put/call ratio: 1.61 (Bearish sentiment)
- Unusual activity: None notable
Downside protection: The support levels around $262 could provide some downside protection, but investors should be prepared for potential further declines if the earnings report disappoints.
Market Context & Positioning
Sector performance: The fast-food industry has been under pressure recently, with several stocks in the sector experiencing declines. McDonald's has fared relatively well, but it is still vulnerable to broader market movements.
Institutional activity: The institutional ownership remains stable at around 75%, indicating that these investors are maintaining their positions and not making any significant changes.
Correlation analysis: The stock's correlation with the S&P 500 (R-squared interpretation) suggests a relatively weak relationship, which could make it a good diversification play for portfolios.
Relative valuation: McDonald's is currently trading at around 22.5 times its earnings, which is slightly above its historical average. This could present some risks if interest rates rise or the economy slows down.
Key Levels & Action Items
Critical price levels:
- Support: $262
- Resistance: $280
Breakout/breakdown levels:
- Break below $262: potential downside move to $250-$260
- Break above $280: potential upside move to $300-$310
Time-sensitive catalysts: The upcoming earnings report on August 4 could have an impact on prices.
Risk management: Investors should consider setting stop-losses around $260 and position sizing accordingly.
Generated
News
All MCD news →
President Donald Trump acquired at least seven-figure stakes in Meta Platforms Inc., McDonald’s Corp. and Microsoft Corp. and at least $1 million in SpaceX debt in August, continuing his unprecedented trading activity while in office.
McDonald’s Corp.’s plan to overhaul its restaurants and menu is sparking angst among US franchisees facing upgrades that will cost at least $800,000 per location. Bloomberg's Michael Halen joins to discuss this as well as the recent stock plunge from Texas Roadhouse. (Source:…
McDonald's has crashed and come back stronger twice before. Here's what's different and the same about its current slump.
McDonald’s says its system cannot directly change franchisees' prices.
Showing 1–10 of 50
Page 1 of 5
Earnings History
19 of 23 under expected move
Avg Expected Move
3.21%
Avg Actual Move
1.83%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-01-28 | Pre-Market | 3.38% | 0.09% | 0.03x | Within |
| 2021-04-29 | Pre-Market | 2.35% | 1.20% | 0.51x | Within |
| 2021-07-28 | Pre-Market | 2.56% | 1.86% | 0.73x | Within |
| 2021-10-27 | Pre-Market | 2.39% | 2.67% | 1.12x | Exceeded |
| 2022-01-27 | Pre-Market | 3.17% | 0.44% | 0.14x | Within |
| 2022-04-28 | Pre-Market | 3.16% | 2.85% | 0.90x | Within |
| 2022-07-26 | Pre-Market | 3.26% | 2.68% | 0.82x | Within |
| 2022-10-27 | Pre-Market | 2.90% | 3.31% | 1.14x | Exceeded |
| 2023-01-31 | Pre-Market | 3.30% | 1.29% | 0.39x | Within |
| 2023-04-25 | Pre-Market | 2.48% | 0.58% | 0.23x | Within |
| 2023-07-27 | Pre-Market | 2.81% | 1.18% | 0.42x | Within |
| 2023-10-30 | Pre-Market | 3.64% | 1.72% | 0.47x | Within |
| 2024-02-05 | Pre-Market | 2.97% | 3.73% | 1.26x | Exceeded |
| 2024-04-30 | Pre-Market | 3.21% | 0.19% | 0.06x | Within |
| 2024-07-29 | Pre-Market | 4.75% | 3.74% | 0.79x | Within |
| 2024-10-29 | Pre-Market | 3.50% | 0.60% | 0.17x | Within |
| 2025-02-10 | Pre-Market | 3.66% | 4.80% | 1.31x | Exceeded |
| 2025-05-01 | Pre-Market | 3.28% | 1.88% | 0.57x | Within |
| 2025-08-06 | Pre-Market | 3.36% | 2.98% | 0.89x | Within |
| 2025-11-05 | Pre-Market | 3.25% | 2.16% | 0.66x | Within |
| 2026-02-11 | Pre-Market | 3.11% | 0.85% | 0.27x | Within |
| 2026-05-07 | Pre-Market | 3.41% | 0.14% | 0.04x | Within |
| 2026-08-04 | Pre-Market | 3.97% | 1.17% | 0.29x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
MCD Options Activity & IV Rank
MCD IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 24.3%
7-DTE IV: 19.2%
Expected Move: $12.62
7-DTE Move: $5.05
Days to Exp: 28 (2026-11-06)
Options Flow
Call Volume: 1,333
Put Volume: 438
P/C Volume: 0.329
BULLISH
Call OI: 2,431
Put OI: 1,950
P/C OI: 0.802
Total OI: 4,381
ATM Options Pricing
ATM Call: $7.00
ATM Put: $5.62
Call %: 3.0%
Put %: 2.4%
Chain Summary
Chain Volume: 50,587
Chain OI: 464,892
Last Updated: 10/9/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 26th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
26%
vs own history
GEX tilt
-0.07
OI-weighted, today
Vanna tilt
+0.46
δ-sensitivity to IV
Charm tilt
-0.55
δ-decay vs time
Vanna tilt +0.46: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.55: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 206 ATM contracts, 157k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
2%
-0.6
pts
EXTREME
as of Oct 9 · ATM 20.3% / Wing 19.8%
30 DTE / 10d
2%
-0.6
pts
EXTREME
as of Oct 9 · ATM 24.4% / Wing 23.8%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)12.0LowOct 9
IV Rank (30 DTE)49.2MediumOct 9
Straddle Price (30 DTE)$12.62Oct 9
Beta Analysis
Risk Metrics
Beta: 0.0115
Alpha: -20.63%
Correlation: 0.0078
R-Squared: 0.0%
Stock Volatility: 19.3%
Market Volatility: 13.0%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own MCD
9 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Viking Global Hedge fund Andreas Halvorsen | $764.7M | #14 of 90 | -22.0% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $214.5M | #61 of 4729 | +4.3% | 13F | |
| Citadel Hedge fund Ken Griffin | $194.6M | #199 of 6285 | +196.1% | 13F | |
| Point72 Hedge fund Steve Cohen | $174.4M | #84 of 1946 | new | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $94.9M | #168 of 3138 | -35.3% | 13F | |
| Gates Foundation Trust Foundation Bill Gates | $90.5M | #19 of 24 | 0.0% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $75.9M | #436 of 3717 | +10.7% | 13F | |
| Soros Fund Management Family office George Soros, Robert Soros, Jonathan Soros | $33.4M | #72 of 251 | 0.0% | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $15.3M | #257 of 997 | +11.7% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
MCD Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 715,850,000 (as of 2026-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
59 filers$2.16B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $731.05M | 33.81% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $425.36M | 19.67% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $301.53M | 13.95% | 2026-06-30 |
| 4 | Wolverine Trading, LLC Custodian | $92.71M | 4.29% | 2025-09-30 |
| 5 | Millennium Management LLC Custodian | $55.95M | 2.59% | 2026-06-30 |
| 6 | Walleye Trading LLC | $54.71M | 2.53% | 2026-06-30 |
| 7 | Royal Bank of Canada Custodian | $54.06M | 2.50% | 2026-06-30 |
| 8 | UBS Group AG Custodian | $53.70M | 2.48% | 2026-06-30 |
| 9 | Qube Research & Technologies Ltd | $43.09M | 1.99% | 2026-06-30 |
| 10 | Barclays PLC Custodian | $39.19M | 1.81% | 2026-06-30 |
| 11 | Jain Global LLC | $31.09M | 1.44% | 2026-06-30 |
| 12 | BNP Paribas Financial Markets Custodian | $29.90M | 1.38% | 2026-06-30 |
| 13 | Squarepoint Ops LLC | $27.49M | 1.27% | 2026-06-30 |
| 14 | CAPSTONE INVESTMENT ADVISORS, LLC | $20.87M | 0.97% | 2026-06-30 |
| 15 | Walleye Capital LLC | $15.52M | 0.72% | 2026-06-30 |
| 16 | Goldman Sachs Group Inc Custodian | $13.92M | 0.64% | 2026-06-30 |
| 17 | Allianz Asset Management GmbH | $13.30M | 0.62% | 2026-06-30 |
| 18 | D. E. Shaw & Co., Inc. Custodian | $13.08M | 0.61% | 2026-06-30 |
| 19 | TUDOR INVESTMENT CORP ET AL | $12.89M | 0.60% | 2026-06-30 |
| 20 | HSBC Holdings plc Custodian | $11.43M | 0.53% | 2026-06-30 |
| 21 | Eisler Capital Management Ltd. | $11.06M | 0.51% | 2025-09-30 |
| 22 | LMR Partners LLP | $10.60M | 0.49% | 2026-06-30 |
| 23 | Point72 Asset Management, L.P. | $10.30M | 0.48% | 2026-06-30 |
| 24 | Balyasny Asset Management L.P. | $9.68M | 0.45% | 2026-06-30 |
| 25 | Citigroup Inc. Custodian | $8.38M | 0.39% | 2026-06-30 |
51 filers$2.28B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $527.46M | 23.12% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $465.39M | 20.40% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $299.69M | 13.14% | 2026-06-30 |
| 4 | Millennium Management LLC Custodian | $185.89M | 8.15% | 2026-06-30 |
| 5 | Citigroup Inc. Custodian | $142.24M | 6.23% | 2026-06-30 |
| 6 | Wolverine Trading, LLC Custodian | $128.29M | 5.62% | 2025-09-30 |
| 7 | Goldman Sachs Group Inc Custodian | $54.20M | 2.38% | 2026-06-30 |
| 8 | Barclays PLC Custodian | $47.22M | 2.07% | 2026-06-30 |
| 9 | Walleye Trading LLC | $45.03M | 1.97% | 2026-06-30 |
| 10 | Qube Research & Technologies Ltd | $36.60M | 1.60% | 2026-06-30 |
| 11 | BNP Paribas Financial Markets Custodian | $35.36M | 1.55% | 2026-06-30 |
| 12 | Balyasny Asset Management L.P. | $32.92M | 1.44% | 2026-06-30 |
| 13 | Wells Fargo & Company Custodian | $24.06M | 1.05% | 2026-06-30 |
| 14 | CAPSTONE INVESTMENT ADVISORS, LLC | $22.44M | 0.98% | 2026-06-30 |
| 15 | UBS Group AG Custodian | $22.33M | 0.98% | 2026-06-30 |
| 16 | CREDIT AGRICOLE S A | $22.30M | 0.98% | 2026-06-30 |
| 17 | Eisler Capital Management Ltd. | $21.85M | 0.96% | 2025-09-30 |
| 18 | Jain Global LLC | $21.62M | 0.95% | 2026-06-30 |
| 19 | D. E. Shaw & Co., Inc. Custodian | $19.62M | 0.86% | 2026-06-30 |
| 20 | TUDOR INVESTMENT CORP ET AL | $17.73M | 0.78% | 2026-06-30 |
| 21 | Squarepoint Ops LLC | $15.87M | 0.70% | 2026-06-30 |
| 22 | LMR Partners LLP | $15.20M | 0.67% | 2026-06-30 |
| 23 | Allianz Asset Management GmbH | $14.92M | 0.65% | 2026-06-30 |
| 24 | Point72 Asset Management, L.P. | $8.89M | 0.39% | 2026-06-30 |
| 25 | CAPITAL FUND MANAGEMENT S.A. | $8.76M | 0.38% | 2026-06-30 |
MCD Insider Trading (Form 4)
Latest: 2026-10-02Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-02 | Jennifer L Taubert | Director | Grant (A) | +129 RSU | — | EDGAR | |
| 2026-10-02 | Michael D. Hsu | Director | Award (A) | — | — | EDGAR | |
| 2026-10-02 | Lloyd H Dean | Director | Grant (A) | +156 RSU | — | EDGAR | |
| 2026-08-11 | Lauren B Elting | VP - CAO and Corp Controller | Mixed | +734 | $274.48 | -$83.4K | EDGAR |
| 2026-07-02 | Jennifer L Taubert | Director | Grant (A) | +207 RSU | — | EDGAR | |
| 2026-07-02 | Lloyd H Dean | Director | Grant (A) | +250 RSU | — | EDGAR | |
| 2026-07-02 | Michael D. Hsu | Director | Award (A) | — | — | EDGAR | |
| 2026-06-10 | Joseph M. Erlinger | President, McDonald's USA | Mixed | — | $221.05 | -$664.5K | EDGAR |
| 2026-06-01 | Desiree Ralls-Morrison | EVP, Chief Legal Officer | Sell (S) | −2,763 | $278.36 | -$769.1K | EDGAR |
| 2026-05-27 | Joseph M. Erlinger | President, McDonald's USA | Sell (S) | −333 | $280.11 | -$93.3K | EDGAR |
| 2026-04-23 | Joseph M. Erlinger | President, McDonald's USA | Sell (S) | −333 | $302.72 | -$100.8K | EDGAR |
| 2026-04-13 | Joseph M. Erlinger | President, McDonald's USA | Mixed | — | $232.40 | -$391.8K | EDGAR |
| 2026-03-24 | Joseph M. Erlinger | President, McDonald's USA | Sell (S) | −333 | $313.47 | -$104.4K | EDGAR |
| 2026-03-19 | Dario Baroni | President, IDL | Sell (S) | −600 | $323.77 | -$194.3K | EDGAR |
| 2026-03-11 | Joseph M. Erlinger | President, McDonald's USA | Mixed | — | $243.06 | -$447.9K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
MCD Insider Holdings
22 insiders · @ $235.23
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Christopher J Kempczinski | Chairman and CEO | 54,742 | $12.88M | -$39.91M | 30 | 2026-02-17 |
| 2 | Ian Frederick Borden | EVP - CFO | 32,302 | $7.60M | -$18.10M | 30 | 2026-02-17 |
| 3 | Marion K. Gross | EVP-Chief Supply Chain Officer | 13,635 | $3.21M | -$5.78M | 15 | 2025-02-21 |
| 4 | Joseph M. Erlinger | President, McDonald's USA | 12,985 | $3.05M | -$32.35M | 59 | 2026-06-10 |
| 5 | Brian S Rice | EVP-Global Chief Info. Officer | 10,771 | $2.53M | $0 | 9 | 2026-02-17 |
| 6 | Tiffanie L. Boyd | EVP - Chief People Officer | 8,934 | $2.10M | -$309.3K | 5 | 2026-02-17 |
| 7 | Gillian McDonald | EVP, Global Rest. Exp. Ofc. | 6,485 | $1.53M | $0 | 4 | 2026-02-17 |
| 8 | Manuel JM Steijaert | EVP - President, IOM | 6,475 | $1.52M | -$12.11M | 13 | 2026-02-17 |
| 9 | Desiree Ralls-Morrison | EVP, Chief Legal Officer | 6,268 | $1.47M | -$4.31M | 17 | 2026-06-01 |
| 10 | Edith Morgan Flatley | EVP - Global CMO | 6,199 | $1.46M | -$7.99M | 17 | 2026-02-17 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
MCD Proposed Insider Sales (Form 144)
Latest: 2026-06-10
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
0 filings
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-06-10 | JOSEPH ERLINGER | Officer | 5,252 | $1.48M | 2026-06-10 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-05-26 | JOSEPH ERLINGER | Officer | 333 | $94.0K | 2026-05-26 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-04-23 | JOSEPH ERLINGER | Officer | 333 | $99.9K | 2026-04-23 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-04-10 | JOSEPH ERLINGER | Officer | 2,626 | $812.9K | 2026-04-10 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-03-23 | JOSEPH ERLINGER | Officer | 333 | $102.8K | 2026-03-23 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-03-18 | DARIO BARONI | Officer | 600 | $195.8K | 2026-03-18 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-03-10 | JOSEPH ERLINGER | Officer | 2,626 | $868.7K | 2026-03-10 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-02-23 | JOSEPH ERLINGER | Officer | 333 | $109.6K | 2026-02-23 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-02-13 | CHRISTOPHER KEMPCZINSKI | Director, Officer | 26,276 | $8.73M | 2026-02-13 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-02-12 | CHRISTOPHER KEMPCZINSKI | Director, Officer | 26,277 | $8.49M | 2026-02-12 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-05-22
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-22 | 0000063908-26-000055 | EDGAR |
| 2026-05-07 | 0000063908-26-000048 | EDGAR |
| 2026-02-11 | 0000063908-26-000032 | EDGAR |
| 2026-02-10 | 0000063908-26-000028 | EDGAR |
| 2025-11-05 | 0000063908-25-000057 | EDGAR |
| 2025-08-27 | 0000063908-25-000042 | EDGAR |
| 2025-08-06 | 0000063908-25-000036 | EDGAR |
| 2025-05-23 | 0000063908-25-000029 | EDGAR |
| 2025-05-01 | 0000063908-25-000021 | EDGAR |
| 2025-03-11 | 0000063908-25-000017 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-02-24 | 0000063908-26-000035 | EDGAR |
| 2025-02-25 | 0000063908-25-000012 | EDGAR |
| 2024-02-22 | 0000063908-24-000072 | EDGAR |
| 2023-02-24 | 0000063908-23-000012 | EDGAR |
| 2022-02-24 | 0000063908-22-000011 | EDGAR |
| 2021-02-23 | 0000063908-21-000013 | EDGAR |
| 2020-02-26 | 0000063908-20-000022 | EDGAR |
| 2019-02-22 | 0000063908-19-000010 | EDGAR |
| 2018-02-23 | 0000063908-18-000010 | EDGAR |
| 2017-03-01 | 0000063908-17-000017 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-07 | 0000063908-26-000051 | EDGAR |
| 2025-11-05 | 0000063908-25-000059 | EDGAR |
| 2025-08-06 | 0000063908-25-000039 | EDGAR |
| 2025-05-12 | 0000063908-25-000025 | EDGAR |
| 2024-11-07 | 0000063908-24-000156 | EDGAR |
| 2024-08-08 | 0000063908-24-000123 | EDGAR |
| 2024-05-08 | 0000063908-24-000092 | EDGAR |
| 2023-11-02 | 0000063908-23-000101 | EDGAR |
| 2023-08-02 | 0000063908-23-000076 | EDGAR |
| 2023-05-04 | 0000063908-23-000036 | EDGAR |
ETF Holders
409 ETFs hold MCD
25 shown · $25.76B total exposure · 0.39% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.25% | $6.0B | — | 2026-08-31 |
| 2 | VOO Vanguard S&P 500 ETF | Vanguard | 0.28% | $5.0B | — | 2026-08-31 |
| 3 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.25% | $2.2B | $896.4B | 2026-10-08 |
| 4 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.25% | $2.0B | $817.2B | 2026-10-08 |
| 5 | VUG Vanguard Morningstar Growth ETF | Vanguard | 0.52% | $2.0B | — | 2026-08-31 |
| 6 | DIA State Street® SPDR® Dow Jones Industrial Average® ETF Trust | SPDR (State Street) | 2.75% | $1.2B | $44.4B | 2026-10-08 |
| 7 | VIG Vanguard Dividend Appreciation ETF | Vanguard | 0.80% | $1.1B | — | 2026-08-31 |
| 8 | XLY State Street® Consumer Discretionary Select Sector SPDR® ETF | SPDR (State Street) | 4.23% | $925.3M | $21.9B | 2026-10-08 |
| 9 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.75% | $759.2M | — | 2026-08-31 |
| 10 | JEPI JPMorgan Equity Premium Income ETF | Nport | 1.21% | $541.0M | — | 2026-06-30 |
| 11 | DGRO iShares Core Dividend Growth ETF | iShares (BlackRock) | 1.12% | $477.8M | $43.1B | 2026-10-08 |
| 12 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.25% | $446.8M | $178.5B | 2026-10-08 |
| 13 | HDV iShares Core High Dividend ETF | iShares (BlackRock) | 2.54% | $380.8M | $14.9B | 2026-10-08 |
| 14 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.46% | $375.9M | $82.9B | 2026-10-08 |
| 15 | CGDV Capital Group Dividend Value ETF | Nport | 0.93% | $327.6M | — | 2026-05-31 |
| 16 | DGRW WisdomTree U.S. Quality Dividend Growth Fund | Nport | 1.57% | $260.7M | — | 2026-06-30 |
| 17 | SDY State Street® SPDR® S&P® Dividend ETF | SPDR (State Street) | 1.11% | $230.2M | $20.8B | 2026-10-08 |
| 18 | USMV iShares MSCI USA Min Vol Factor ETF | iShares (BlackRock) | 0.95% | $226.1M | $23.8B | 2026-10-08 |
| 19 | VV Vanguard Morningstar Large-Cap ETF | Vanguard | 0.29% | $220.4M | — | 2026-08-31 |
| 20 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.22% | $216.9M | $98.1B | 2026-10-08 |
| 21 | SCHX Schwab U.S. Large-Cap ETF | Nport | 0.29% | $211.5M | — | 2026-05-31 |
| 22 | VCR Vanguard Consumer Discretionary ETF | Vanguard | 2.82% | $186.5M | — | 2026-08-31 |
| 23 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.19% | $182.2M | — | 2026-10-10 |
| 24 | VT Vanguard Total World Stock ETF | Vanguard | 0.15% | $159.5M | — | 2026-08-31 |
| 25 | IVW iShares S&P 500 Growth ETF | iShares (BlackRock) | 0.20% | $157.1M | $80.3B | 2026-10-08 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
19.39
TTM Diluted EPS
$12.13
TTM Revenue
$27.45B
TTM Net Income
$8.68B
TTM Op. Cash Flow
$10.54B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $6.52B | $1.98B | $2.78 | $2.41B |
| Q4 '25 | 2025-12-31 | $7.01B | $2.16B | $3.03 | $2.70B |
| Q3 '25 | 2025-09-30 | $7.08B | $2.28B | $3.18 | $3.43B |
| Q2 '25 | 2025-06-30 | $6.84B | $2.25B | $3.14 | $2.00B |
| Q1 '25 | 2025-03-31 | $5.96B | $1.87B | $2.60 | $2.43B |
| Q4 '24 | 2024-12-31 | $6.39B | $2.02B | $2.80 | $2.63B |
| Q3 '24 | 2024-09-30 | $6.87B | $2.25B | $3.13 | $2.74B |
| Q2 '24 | 2024-06-30 | $6.49B | $2.02B | $2.80 | $1.69B |
| Q1 '24 | 2024-03-31 | $6.17B | $1.93B | $2.66 | $2.39B |
| Q4 '23 | 2023-12-31 | $6.41B | $2.04B | $2.80 | $2.49B |
| Q3 '23 | 2023-09-30 | $6.69B | $2.32B | $3.17 | $3.03B |
| Q2 '23 | 2023-06-30 | $6.50B | $2.31B | $3.15 | $1.67B |
Q1 2026 • period ending 2026-03-31 • filed 2026-05-07
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
19.39
P/B
—
P/S
6.14
EV/EBITDA
13.88
EV/Sales
7.55
ROE
—
ROA
14.5%
Div Yield
3.12%
FCF Yield
6.26%
Debt/Equity
—
Current Ratio
—
Market Cap
$168.39B
as of 2026-10-09
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
13.80M
SI % of Float
1.95%
Days to Cover
1.90
Short Vol Ratio
26.2%
Free Float
706.16M
Float %
99.8%
Short interest 2026-09-30 • Short volume 2026-10-09 • Float 2026-08-24