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Side-by-side financial comparison of McDonald's (MCD) and NextEra Energy (NEE). Click either name above to swap in a different company.
McDonald's is the larger business by last-quarter revenue ($7.0B vs $6.0B, roughly 1.2× NextEra Energy). McDonald's runs the higher net margin — 30.9% vs 25.6%, a 5.3% gap on every dollar of revenue. On growth, NextEra Energy posted the faster year-over-year revenue change (11.1% vs 9.7%). Over the past eight quarters, McDonald's's revenue compounded faster (6.6% CAGR vs 5.4%).
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.
NextEra Energy, Inc. is an American energy company that is the world's largest electric utility holding company by market capitalization, with a valuation of over $170 billion as of Oct 2024. NextEra Energy had revenues of $24.8 billion and 16,700 employees throughout the US and Canada in 2024. It has a current generating capacity of 73 gigawatts. Its subsidiaries include Florida Power & Light (FPL), NextEra Energy Resources (NEER), XPLR Energy Partners, and NextEra Energy Services.
MCD vs NEE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.0B | $6.0B |
| Net Profit | $2.2B | $1.5B |
| Gross Margin | — | — |
| Operating Margin | 45.0% | 26.4% |
| Net Margin | 30.9% | 25.6% |
| Revenue YoY | 9.7% | 11.1% |
| Net Profit YoY | 7.3% | 27.6% |
| EPS (diluted) | $3.03 | $0.74 |
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.
| Q4 25 | $7.0B | $6.0B | ||
| Q3 25 | $7.1B | $7.4B | ||
| Q2 25 | $6.8B | $6.4B | ||
| Q1 25 | $6.0B | $6.0B | ||
| Q4 24 | $6.4B | $5.4B | ||
| Q3 24 | $6.9B | $6.7B | ||
| Q2 24 | $6.5B | $6.0B | ||
| Q1 24 | $6.2B | $5.4B |
| Q4 25 | $2.2B | $1.5B | ||
| Q3 25 | $2.3B | $2.4B | ||
| Q2 25 | $2.3B | $2.0B | ||
| Q1 25 | $1.9B | $833.0M | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.3B | $1.9B | ||
| Q2 24 | $2.0B | $1.6B | ||
| Q1 24 | $1.9B | $2.3B |
| 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 24 | 89.8% | — |
| Q4 25 | 45.0% | 26.4% | ||
| Q3 25 | 47.4% | 34.1% | ||
| Q2 25 | 47.2% | 29.9% | ||
| Q1 25 | 44.5% | 37.6% | ||
| Q4 24 | 44.9% | 17.4% | ||
| Q3 24 | 46.4% | 42.6% | ||
| Q2 24 | 45.0% | 27.8% | ||
| Q1 24 | 44.4% | 37.3% |
| Q4 25 | 30.9% | 25.6% | ||
| Q3 25 | 32.2% | 32.9% | ||
| Q2 25 | 32.9% | 31.7% | ||
| Q1 25 | 31.4% | 13.9% | ||
| Q4 24 | 31.6% | 22.3% | ||
| Q3 24 | 32.8% | 27.6% | ||
| Q2 24 | 31.2% | 27.0% | ||
| Q1 24 | 31.3% | 42.0% |
| Q4 25 | $3.03 | $0.74 | ||
| Q3 25 | $3.18 | $1.18 | ||
| Q2 25 | $3.14 | $0.98 | ||
| Q1 25 | $2.60 | $0.40 | ||
| Q4 24 | $2.80 | $0.58 | ||
| Q3 24 | $3.13 | $0.90 | ||
| Q2 24 | $2.80 | $0.79 | ||
| Q1 24 | $2.66 | $1.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $774.0M | $2.8B |
| Total DebtLower is stronger | $40.0B | — |
| Stockholders' EquityBook value | $-1.8B | $54.6B |
| Total Assets | $59.5B | $212.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $774.0M | $2.8B | ||
| Q3 25 | $2.4B | $2.4B | ||
| Q2 25 | $1.9B | $1.7B | ||
| Q1 25 | $1.2B | $2.4B | ||
| Q4 24 | $1.1B | $1.5B | ||
| Q3 24 | $1.2B | $2.3B | ||
| Q2 24 | $792.0M | $1.6B | ||
| Q1 24 | $838.0M | $1.6B |
| Q4 25 | $40.0B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $38.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-1.8B | $54.6B | ||
| Q3 25 | $-2.2B | $54.2B | ||
| Q2 25 | $-2.8B | $50.8B | ||
| Q1 25 | $-3.5B | $49.8B | ||
| Q4 24 | $-3.8B | $50.1B | ||
| Q3 24 | $-5.2B | $50.1B | ||
| Q2 24 | $-4.8B | $49.1B | ||
| Q1 24 | $-4.8B | $48.6B |
| Q4 25 | $59.5B | $212.7B | ||
| Q3 25 | $60.6B | $204.4B | ||
| Q2 25 | $59.6B | $198.8B | ||
| Q1 25 | $56.3B | $194.3B | ||
| Q4 24 | $55.2B | $190.1B | ||
| Q3 24 | $56.2B | $186.0B | ||
| Q2 24 | $53.8B | $184.7B | ||
| Q1 24 | $53.5B | $179.9B |
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 | $2.7B | $2.5B |
| Free Cash FlowOCF − Capex | $1.6B | — |
| FCF MarginFCF / Revenue | 23.4% | — |
| Capex IntensityCapex / Revenue | 15.1% | — |
| Cash ConversionOCF / Net Profit | 1.25× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $7.2B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.7B | $2.5B | ||
| Q3 25 | $3.4B | $4.0B | ||
| Q2 25 | $2.0B | $3.2B | ||
| Q1 25 | $2.4B | $2.8B | ||
| Q4 24 | $2.6B | $2.0B | ||
| Q3 24 | $2.7B | $4.3B | ||
| Q2 24 | $1.7B | $3.9B | ||
| Q1 24 | $2.4B | $3.1B |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.8B | — |
| Q4 25 | 23.4% | — | ||
| Q3 25 | 34.1% | — | ||
| Q2 25 | 18.3% | — | ||
| Q1 25 | 31.5% | — | ||
| Q4 24 | 28.6% | — | ||
| Q3 24 | 28.3% | — | ||
| Q2 24 | 16.3% | — | ||
| Q1 24 | 29.9% | — |
| Q4 25 | 15.1% | — | ||
| Q3 25 | 14.3% | — | ||
| Q2 25 | 10.9% | — | ||
| Q1 25 | 9.3% | — | ||
| Q4 24 | 12.6% | — | ||
| Q3 24 | 11.6% | — | ||
| Q2 24 | 9.7% | — | ||
| Q1 24 | 8.9% | — |
| Q4 25 | 1.25× | 1.63× | ||
| Q3 25 | 1.50× | 1.65× | ||
| Q2 25 | 0.89× | 1.57× | ||
| Q1 25 | 1.30× | 3.32× | ||
| Q4 24 | 1.30× | 1.65× | ||
| Q3 24 | 1.21× | 2.31× | ||
| Q2 24 | 0.84× | 2.42× | ||
| Q1 24 | 1.24× | 1.36× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MCD
| International Operated Markets | $3.6B | 51% |
| Other | $2.8B | 40% |
| International Developmental Licensed Marketsand Corporate | $633.0M | 9% |
NEE
| Florida Power Light Company | $4.3B | 71% |
| Other | $1.7B | 29% |
