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Side-by-side financial comparison of McDonald's (MCD) and Universal Health Services (UHS). Click either name above to swap in a different company.

McDonald's is the larger business by last-quarter revenue ($7.0B vs $4.5B, roughly 1.6× Universal Health Services). McDonald's runs the higher net margin — 30.9% vs 8.0%, a 22.9% gap on every dollar of revenue. On growth, McDonald's posted the faster year-over-year revenue change (9.7% vs 8.2%). Over the past eight quarters, Universal Health Services's revenue compounded faster (7.3% CAGR vs 6.6%).

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.

Universal Health Services, Inc. (UHS) is an American Fortune 500 company that provides hospital and healthcare services, based in King of Prussia, Pennsylvania. In 2024, UHS reported total revenues of $15.8 billion.

MCD vs UHS — Head-to-Head

Bigger by revenue
MCD
MCD
1.6× larger
MCD
$7.0B
$4.5B
UHS
Growing faster (revenue YoY)
MCD
MCD
+1.5% gap
MCD
9.7%
8.2%
UHS
Higher net margin
MCD
MCD
22.9% more per $
MCD
30.9%
8.0%
UHS
Faster 2-yr revenue CAGR
UHS
UHS
Annualised
UHS
7.3%
6.6%
MCD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MCD
MCD
UHS
UHS
Revenue
$7.0B
$4.5B
Net Profit
$2.2B
$358.7M
Gross Margin
Operating Margin
45.0%
11.2%
Net Margin
30.9%
8.0%
Revenue YoY
9.7%
8.2%
Net Profit YoY
7.3%
11.5%
EPS (diluted)
$3.03
$5.65

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
UHS
UHS
Q1 26
$4.5B
Q4 25
$7.0B
$4.5B
Q3 25
$7.1B
$4.5B
Q2 25
$6.8B
$4.3B
Q1 25
$6.0B
$4.1B
Q4 24
$6.4B
$4.1B
Q3 24
$6.9B
$4.0B
Q2 24
$6.5B
$3.9B
Net Profit
MCD
MCD
UHS
UHS
Q1 26
$358.7M
Q4 25
$2.2B
$445.9M
Q3 25
$2.3B
$373.0M
Q2 25
$2.3B
$353.2M
Q1 25
$1.9B
$316.7M
Q4 24
$2.0B
$332.4M
Q3 24
$2.3B
$258.7M
Q2 24
$2.0B
$289.2M
Gross Margin
MCD
MCD
UHS
UHS
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%
Operating Margin
MCD
MCD
UHS
UHS
Q1 26
11.2%
Q4 25
45.0%
11.5%
Q3 25
47.4%
11.6%
Q2 25
47.2%
11.7%
Q1 25
44.5%
11.1%
Q4 24
44.9%
11.5%
Q3 24
46.4%
9.7%
Q2 24
45.0%
11.2%
Net Margin
MCD
MCD
UHS
UHS
Q1 26
8.0%
Q4 25
30.9%
9.9%
Q3 25
32.2%
8.3%
Q2 25
32.9%
8.2%
Q1 25
31.4%
7.7%
Q4 24
31.6%
8.1%
Q3 24
32.8%
6.5%
Q2 24
31.2%
7.4%
EPS (diluted)
MCD
MCD
UHS
UHS
Q1 26
$5.65
Q4 25
$3.03
$7.01
Q3 25
$3.18
$5.86
Q2 25
$3.14
$5.43
Q1 25
$2.60
$4.80
Q4 24
$2.80
$4.94
Q3 24
$3.13
$3.80
Q2 24
$2.80
$4.26

Balance Sheet & Financial Strength

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

Metric
MCD
MCD
UHS
UHS
Cash + ST InvestmentsLiquidity on hand
$774.0M
$119.0M
Total DebtLower is stronger
$40.0B
$4.7B
Stockholders' EquityBook value
$-1.8B
$7.5B
Total Assets
$59.5B
$15.7B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCD
MCD
UHS
UHS
Q1 26
$119.0M
Q4 25
$774.0M
$137.8M
Q3 25
$2.4B
$112.9M
Q2 25
$1.9B
$137.6M
Q1 25
$1.2B
$126.8M
Q4 24
$1.1B
$126.0M
Q3 24
$1.2B
$106.1M
Q2 24
$792.0M
$128.8M
Total Debt
MCD
MCD
UHS
UHS
Q1 26
$4.7B
Q4 25
$40.0B
$4.8B
Q3 25
$4.7B
Q2 25
$4.6B
Q1 25
$4.6B
Q4 24
$38.4B
$4.5B
Q3 24
$4.7B
Q2 24
$4.5B
Stockholders' Equity
MCD
MCD
UHS
UHS
Q1 26
$7.5B
Q4 25
$-1.8B
$7.3B
Q3 25
$-2.2B
$7.2B
Q2 25
$-2.8B
$7.0B
Q1 25
$-3.5B
$6.8B
Q4 24
$-3.8B
$6.7B
Q3 24
$-5.2B
$6.6B
Q2 24
$-4.8B
$6.5B
Total Assets
MCD
MCD
UHS
UHS
Q1 26
$15.7B
Q4 25
$59.5B
$15.5B
Q3 25
$60.6B
$15.3B
Q2 25
$59.6B
$15.0B
Q1 25
$56.3B
$14.9B
Q4 24
$55.2B
$14.5B
Q3 24
$56.2B
$14.4B
Q2 24
$53.8B
$14.1B
Debt / Equity
MCD
MCD
UHS
UHS
Q1 26
0.63×
Q4 25
0.65×
Q3 25
0.66×
Q2 25
0.65×
Q1 25
0.68×
Q4 24
0.68×
Q3 24
0.71×
Q2 24
0.69×

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
UHS
UHS
Operating Cash FlowLast quarter
$2.7B
$401.6M
Free Cash FlowOCF − Capex
$1.6B
FCF MarginFCF / Revenue
23.4%
Capex IntensityCapex / Revenue
15.1%
4.8%
Cash ConversionOCF / Net Profit
1.25×
1.12×
TTM Free Cash FlowTrailing 4 quarters
$7.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCD
MCD
UHS
UHS
Q1 26
$401.6M
Q4 25
$2.7B
$574.7M
Q3 25
$3.4B
$380.7M
Q2 25
$2.0B
$549.0M
Q1 25
$2.4B
$360.0M
Q4 24
$2.6B
$658.4M
Q3 24
$2.7B
$333.0M
Q2 24
$1.7B
$679.3M
Free Cash Flow
MCD
MCD
UHS
UHS
Q1 26
Q4 25
$1.6B
$293.5M
Q3 25
$2.4B
$151.8M
Q2 25
$1.3B
$283.0M
Q1 25
$1.9B
$121.0M
Q4 24
$1.8B
$412.5M
Q3 24
$1.9B
$85.0M
Q2 24
$1.1B
$437.9M
FCF Margin
MCD
MCD
UHS
UHS
Q1 26
Q4 25
23.4%
6.5%
Q3 25
34.1%
3.4%
Q2 25
18.3%
6.6%
Q1 25
31.5%
3.0%
Q4 24
28.6%
10.0%
Q3 24
28.3%
2.1%
Q2 24
16.3%
11.2%
Capex Intensity
MCD
MCD
UHS
UHS
Q1 26
4.8%
Q4 25
15.1%
6.3%
Q3 25
14.3%
5.1%
Q2 25
10.9%
6.2%
Q1 25
9.3%
5.8%
Q4 24
12.6%
6.0%
Q3 24
11.6%
6.3%
Q2 24
9.7%
6.2%
Cash Conversion
MCD
MCD
UHS
UHS
Q1 26
1.12×
Q4 25
1.25×
1.29×
Q3 25
1.50×
1.02×
Q2 25
0.89×
1.55×
Q1 25
1.30×
1.14×
Q4 24
1.30×
1.98×
Q3 24
1.21×
1.29×
Q2 24
0.84×
2.35×

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%

UHS
UHS

Segment breakdown not available.

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