vs

Side-by-side financial comparison of McDonald's (MCD) and Parker Hannifin (PH). Click either name above to swap in a different company.

McDonald's is the larger business by last-quarter revenue ($7.0B vs $5.2B, roughly 1.4× Parker Hannifin). On growth, McDonald's posted the faster year-over-year revenue change (9.7% vs 9.1%). McDonald's produced more free cash flow last quarter ($1.6B vs $768.0M). Over the past eight quarters, McDonald's's revenue compounded faster (6.6% CAGR vs 1.0%).

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.

Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland.

MCD vs PH — Head-to-Head

Bigger by revenue
MCD
MCD
1.4× larger
MCD
$7.0B
$5.2B
PH
Growing faster (revenue YoY)
MCD
MCD
+0.6% gap
MCD
9.7%
9.1%
PH
More free cash flow
MCD
MCD
$870.0M more FCF
MCD
$1.6B
$768.0M
PH
Faster 2-yr revenue CAGR
MCD
MCD
Annualised
MCD
6.6%
1.0%
PH

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MCD
MCD
PH
PH
Revenue
$7.0B
$5.2B
Net Profit
$2.2B
Gross Margin
37.3%
Operating Margin
45.0%
22.8%
Net Margin
30.9%
Revenue YoY
9.7%
9.1%
Net Profit YoY
7.3%
EPS (diluted)
$3.03
$6.60

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.

Revenue
MCD
MCD
PH
PH
Q4 25
$7.0B
$5.2B
Q3 25
$7.1B
$5.1B
Q2 25
$6.8B
$5.2B
Q1 25
$6.0B
$5.0B
Q4 24
$6.4B
$4.7B
Q3 24
$6.9B
$4.9B
Q2 24
$6.5B
$5.2B
Q1 24
$6.2B
$5.1B
Net Profit
MCD
MCD
PH
PH
Q4 25
$2.2B
Q3 25
$2.3B
Q2 25
$2.3B
$923.6M
Q1 25
$1.9B
$961.2M
Q4 24
$2.0B
$948.6M
Q3 24
$2.3B
$698.5M
Q2 24
$2.0B
$785.1M
Q1 24
$1.9B
$726.7M
Gross Margin
MCD
MCD
PH
PH
Q4 25
37.3%
Q3 25
90.6%
37.5%
Q2 25
90.4%
37.3%
Q1 25
89.6%
36.9%
Q4 24
36.3%
Q3 24
90.6%
36.8%
Q2 24
90.3%
35.9%
Q1 24
89.8%
35.4%
Operating Margin
MCD
MCD
PH
PH
Q4 25
45.0%
22.8%
Q3 25
47.4%
23.3%
Q2 25
47.2%
22.7%
Q1 25
44.5%
22.3%
Q4 24
44.9%
20.9%
Q3 24
46.4%
21.6%
Q2 24
45.0%
21.1%
Q1 24
44.4%
20.4%
Net Margin
MCD
MCD
PH
PH
Q4 25
30.9%
Q3 25
32.2%
Q2 25
32.9%
17.6%
Q1 25
31.4%
19.4%
Q4 24
31.6%
20.0%
Q3 24
32.8%
14.2%
Q2 24
31.2%
15.1%
Q1 24
31.3%
14.3%
EPS (diluted)
MCD
MCD
PH
PH
Q4 25
$3.03
$6.60
Q3 25
$3.18
$6.29
Q2 25
$3.14
$7.16
Q1 25
$2.60
$7.37
Q4 24
$2.80
$7.25
Q3 24
$3.13
$5.34
Q2 24
$2.80
$6.06
Q1 24
$2.66
$5.56

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MCD
MCD
PH
PH
Cash + ST InvestmentsLiquidity on hand
$774.0M
$427.0M
Total DebtLower is stronger
$40.0B
$7.5B
Stockholders' EquityBook value
$-1.8B
$14.3B
Total Assets
$59.5B
$30.5B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCD
MCD
PH
PH
Q4 25
$774.0M
$427.0M
Q3 25
$2.4B
$473.0M
Q2 25
$1.9B
$467.0M
Q1 25
$1.2B
$408.7M
Q4 24
$1.1B
$395.5M
Q3 24
$1.2B
$371.1M
Q2 24
$792.0M
$422.0M
Q1 24
$838.0M
$415.5M
Total Debt
MCD
MCD
PH
PH
Q4 25
$40.0B
$7.5B
Q3 25
$7.5B
Q2 25
$7.5B
Q1 25
$7.4B
Q4 24
$38.4B
$6.7B
Q3 24
$6.7B
Q2 24
$7.2B
Q1 24
$7.3B
Stockholders' Equity
MCD
MCD
PH
PH
Q4 25
$-1.8B
$14.3B
Q3 25
$-2.2B
$13.8B
Q2 25
$-2.8B
$13.7B
Q1 25
$-3.5B
$13.4B
Q4 24
$-3.8B
$13.1B
Q3 24
$-5.2B
$12.9B
Q2 24
$-4.8B
$12.1B
Q1 24
$-4.8B
$11.6B
Total Assets
MCD
MCD
PH
PH
Q4 25
$59.5B
$30.5B
Q3 25
$60.6B
$30.7B
Q2 25
$59.6B
$29.5B
Q1 25
$56.3B
$28.9B
Q4 24
$55.2B
$28.3B
Q3 24
$56.2B
$29.6B
Q2 24
$53.8B
$29.3B
Q1 24
$53.5B
$29.6B
Debt / Equity
MCD
MCD
PH
PH
Q4 25
0.52×
Q3 25
0.54×
Q2 25
0.55×
Q1 25
0.55×
Q4 24
0.51×
Q3 24
0.52×
Q2 24
0.59×
Q1 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MCD
MCD
PH
PH
Operating Cash FlowLast quarter
$2.7B
$862.0M
Free Cash FlowOCF − Capex
$1.6B
$768.0M
FCF MarginFCF / Revenue
23.4%
14.8%
Capex IntensityCapex / Revenue
15.1%
1.8%
Cash ConversionOCF / Net Profit
1.25×
TTM Free Cash FlowTrailing 4 quarters
$7.2B
$3.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCD
MCD
PH
PH
Q4 25
$2.7B
$862.0M
Q3 25
$3.4B
$782.0M
Q2 25
$2.0B
$1.5B
Q1 25
$2.4B
$630.0M
Q4 24
$2.6B
$934.8M
Q3 24
$2.7B
$744.0M
Q2 24
$1.7B
$1.2B
Q1 24
$2.4B
$795.1M
Free Cash Flow
MCD
MCD
PH
PH
Q4 25
$1.6B
$768.0M
Q3 25
$2.4B
$693.0M
Q2 25
$1.3B
$1.3B
Q1 25
$1.9B
$542.4M
Q4 24
$1.8B
$813.6M
Q3 24
$1.9B
$648.7M
Q2 24
$1.1B
$1.1B
Q1 24
$1.8B
$715.9M
FCF Margin
MCD
MCD
PH
PH
Q4 25
23.4%
14.8%
Q3 25
34.1%
13.6%
Q2 25
18.3%
25.5%
Q1 25
31.5%
10.9%
Q4 24
28.6%
17.2%
Q3 24
28.3%
13.2%
Q2 24
16.3%
21.6%
Q1 24
29.9%
14.1%
Capex Intensity
MCD
MCD
PH
PH
Q4 25
15.1%
1.8%
Q3 25
14.3%
1.8%
Q2 25
10.9%
2.5%
Q1 25
9.3%
1.8%
Q4 24
12.6%
2.6%
Q3 24
11.6%
1.9%
Q2 24
9.7%
2.3%
Q1 24
8.9%
1.6%
Cash Conversion
MCD
MCD
PH
PH
Q4 25
1.25×
Q3 25
1.50×
Q2 25
0.89×
1.59×
Q1 25
1.30×
0.66×
Q4 24
1.30×
0.99×
Q3 24
1.21×
1.07×
Q2 24
0.84×
1.58×
Q1 24
1.24×
1.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MCD
MCD

International Operated Markets$3.6B51%
Other$2.8B40%
International Developmental Licensed Marketsand Corporate$633.0M9%

PH
PH

Filtration And Engineered Materials$1.5B28%
Other$1.1B22%
Motion Systems$893.0M17%
Commercial Aftermarket$619.0M12%
Commercial Original Equipment Manufacturer$561.0M11%
Defense Original Equipment Manufacturer$305.0M6%
Defense Aftermarket$221.0M4%

Related Comparisons