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Side-by-side financial comparison of BANK OF MONTREAL (BMO) and McDonald's (MCD). Click either name above to swap in a different company.
BANK OF MONTREAL is the larger business by last-quarter revenue ($7.2B vs $6.5B, roughly 1.1× McDonald's). McDonald's runs the higher net margin — 30.4% vs 25.3%, a 5.1% gap on every dollar of revenue.
The Bank of Montreal, abbreviated as BMO, is a Canadian multinational investment bank and financial services company.
McDonald's Corporation, doing business as McDonald's, is an American multinational fast food restaurant chain. As of 2024, it is the second-largest by number of locations in the world, behind the Chinese chain Mixue Ice Cream & Tea.
BMO vs MCD — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $7.2B | $6.5B |
| Net Profit | $1.8B | $2.0B |
| Gross Margin | — | — |
| Operating Margin | — | 0.1% |
| Net Margin | 25.3% | 30.4% |
| Revenue YoY | — | 9.4% |
| Net Profit YoY | — | — |
| EPS (diluted) | — | $2.00 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $7.2B | $6.5B | ||
| Q4 25 | — | $7.0B | ||
| Q3 25 | $6.6B | $7.1B | ||
| Q2 25 | $6.3B | $6.8B | ||
| Q1 25 | — | $6.0B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | — | $6.9B | ||
| Q2 24 | — | $6.5B |
| Q1 26 | $1.8B | $2.0B | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | $1.7B | $2.3B | ||
| Q2 25 | $1.4B | $2.3B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 90.6% | ||
| Q2 25 | — | 90.4% | ||
| Q1 25 | — | 89.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 90.6% | ||
| Q2 24 | — | 90.3% |
| Q1 26 | — | 0.1% | ||
| Q4 25 | — | 45.0% | ||
| Q3 25 | — | 47.4% | ||
| Q2 25 | — | 47.2% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 44.9% | ||
| Q3 24 | — | 46.4% | ||
| Q2 24 | — | 45.0% |
| Q1 26 | 25.3% | 30.4% | ||
| Q4 25 | — | 30.9% | ||
| Q3 25 | 25.9% | 32.2% | ||
| Q2 25 | 22.6% | 32.9% | ||
| Q1 25 | — | 31.4% | ||
| Q4 24 | — | 31.6% | ||
| Q3 24 | — | 32.8% | ||
| Q2 24 | — | 31.2% |
| Q1 26 | — | $2.00 | ||
| Q4 25 | — | $3.03 | ||
| Q3 25 | — | $3.18 | ||
| Q2 25 | — | $3.14 | ||
| Q1 25 | — | $2.60 | ||
| Q4 24 | — | $2.80 | ||
| Q3 24 | — | $3.13 | ||
| Q2 24 | — | $2.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $49.2B | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $62.6B | — |
| Total Assets | $1064.4B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $49.2B | — | ||
| Q4 25 | — | $774.0M | ||
| Q3 25 | $42.8B | $2.4B | ||
| Q2 25 | $47.7B | $1.9B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $792.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $40.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $38.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $62.6B | — | ||
| Q4 25 | — | $-1.8B | ||
| Q3 25 | $63.3B | $-2.2B | ||
| Q2 25 | $62.7B | $-2.8B | ||
| Q1 25 | — | $-3.5B | ||
| Q4 24 | — | $-3.8B | ||
| Q3 24 | — | $-5.2B | ||
| Q2 24 | — | $-4.8B |
| Q1 26 | $1064.4B | — | ||
| Q4 25 | — | $59.5B | ||
| Q3 25 | $1045.0B | $60.6B | ||
| Q2 25 | $1051.4B | $59.6B | ||
| Q1 25 | — | $56.3B | ||
| Q4 24 | — | $55.2B | ||
| Q3 24 | — | $56.2B | ||
| Q2 24 | — | $53.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.3B | — |
| Free Cash FlowOCF − Capex | $1.0B | — |
| FCF MarginFCF / Revenue | 14.4% | — |
| Capex IntensityCapex / Revenue | 3.9% | — |
| Cash ConversionOCF / Net Profit | 0.72× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | $-3.1B | $3.4B | ||
| Q2 25 | $-2.3B | $2.0B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | $1.0B | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $-3.4B | $2.4B | ||
| Q2 25 | $-2.7B | $1.3B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $1.1B |
| Q1 26 | 14.4% | — | ||
| Q4 25 | — | 23.4% | ||
| Q3 25 | -51.3% | 34.1% | ||
| Q2 25 | -41.8% | 18.3% | ||
| Q1 25 | — | 31.5% | ||
| Q4 24 | — | 28.6% | ||
| Q3 24 | — | 28.3% | ||
| Q2 24 | — | 16.3% |
| Q1 26 | 3.9% | — | ||
| Q4 25 | — | 15.1% | ||
| Q3 25 | 4.5% | 14.3% | ||
| Q2 25 | 5.1% | 10.9% | ||
| Q1 25 | — | 9.3% | ||
| Q4 24 | — | 12.6% | ||
| Q3 24 | — | 11.6% | ||
| Q2 24 | — | 9.7% |
| Q1 26 | 0.72× | — | ||
| Q4 25 | — | 1.25× | ||
| Q3 25 | -1.81× | 1.50× | ||
| Q2 25 | -1.63× | 0.89× | ||
| Q1 25 | — | 1.30× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 1.21× | ||
| Q2 24 | — | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BMO
Segment breakdown not available.
MCD
| Other | $2.5B | 38% |
| International Operated Markets | $1.8B | 27% |
| U.S | $1.8B | 27% |
| International Developmental Licensed Markets & Corporate | $476.0M | 7% |
