MCDONALD'S FRANCE : revenue, balance sheet and financial ratios

MCDONALD'S FRANCE is a French company founded 41 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in GUYANCOURT (78280), this company of category GE shows in 2023 a revenue of 1.2 Mds€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - MCDONALD'S FRANCE (SIREN 722003936)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 1 208 098 123 € 1 188 073 584 € 971 031 582 € 816 098 146 € 1 060 264 057 € 995 466 723 € 968 281 310 € 927 009 462 € 912 965 255 €
Net income 417 213 649 € 891 198 143 € -64 228 786 € 171 936 629 € 198 988 724 € 290 240 804 € 20 252 668 € 47 303 020 € 275 397 183 €
EBITDA 947 175 848 € 942 415 623 € 754 067 498 € 597 556 327 € 825 471 625 € 782 577 872 € 791 331 664 € 757 423 417 € 743 611 311 €
Net margin 34.5% 75.0% -6.6% 21.1% 18.8% 29.2% 2.1% 5.1% 30.2%

Revenue and income statement

In 2023, MCDONALD'S FRANCE achieves revenue of 1.2 Bn€. Revenue is growing positively over 9 years (CAGR: +3.6%). Vs 2022: +2%. After deducting consumption (-9 €), gross margin stands at 1.2 Bn€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 947.2 M€, representing 78.4% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 417.2 M€, i.e. 34.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 208 098 123 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 208 098 132 €

EBITDA (2023) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

947 175 848 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

431 987 615 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

417 213 649 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

78.4%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 2%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 88%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 34.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.927%

Financial autonomy (2023) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

88.237%

Cash flow / Revenue (2023) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

34.297%

Repayment capacity (2023) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.076

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

51.1%

Solvency indicators evolution
MCDONALD'S FRANCE

Sector positioning

Debt ratio
1.93 2023
2021
2022
2023
Q1: -24.56
Med: 7.75
Q3: 165.49
Good +7 pts over 3 years

In 2023, the debt ratio of MCDONALD'S FRANCE (1.93) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
88.24% 2023
2021
2022
2023
Q1: 0.43%
Med: 30.89%
Q3: 76.14%
Excellent +18 pts over 3 years

In 2023, the financial autonomy of MCDONALD'S FRANCE (88.2%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.08 years 2023
2021
2022
2023
Q1: -0.3 years
Med: 0.44 years
Q3: 10.33 years
Good

In 2023, the repayment capacity of MCDONALD'S FRANCE (0.08) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 208.66. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2023) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

208.663

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.628

Liquidity indicators evolution
MCDONALD'S FRANCE

Sector positioning

Liquidity ratio
208.66 2023
2021
2022
2023
Q1: 95.06
Med: 298.09
Q3: 1218.26
Average

In 2023, the liquidity ratio of MCDONALD'S FRANCE (208.66) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.63x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 16.98x
Good

In 2023, the interest coverage of MCDONALD'S FRANCE (0.6x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 92 days. Excellent situation: suppliers finance 58 days of the operating cycle (retail model). Overall, WCR represents 32 days of revenue, i.e. 108.8 M€ to permanently finance. Over 2015-2023, WCR increased by +152%, requiring additional financing.

Operating WCR (2023) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

108 777 155 €

Customer credit (2023) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

34 j

Supplier credit (2023) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

92 j

Inventory turnover (2023) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2023) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

32 j

WCR and payment terms evolution
MCDONALD'S FRANCE

Positioning of MCDONALD'S FRANCE in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 215 transactions of similar company sales in 2023, the value of MCDONALD'S FRANCE is estimated at 3 098 951 692 € (range 876 949 626€ - 5 260 949 822€). With an EBITDA of 947 175 848€, the sector multiple of 5.2x is applied. The price/revenue ratio is 0.51x (in line with sector norms). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2023
215 transactions
876949k€ 3098951k€ 5260949k€
3 098 951 692 € Range: 876 949 626€ - 5 260 949 822€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
947 175 848 € × 5.2x
Estimation 4 881 312 348 €
1 238 443 977€ - 7 843 448 013€
Revenue Multiple 30%
1 208 098 123 € × 0.51x
Estimation 616 875 503 €
280 890 792€ - 1 411 231 600€
Net Income Multiple 20%
417 213 649 € × 5.7x
Estimation 2 366 164 337 €
867 302 002€ - 4 579 281 679€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 215 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Location de terrains et d'autres biens immobiliers)

Compare MCDONALD'S FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about MCDONALD'S FRANCE

What is the revenue of MCDONALD'S FRANCE ?

The revenue of MCDONALD'S FRANCE in 2023 is 1.2 Mds€.

Is MCDONALD'S FRANCE profitable?

Yes, MCDONALD'S FRANCE generated a net profit of 417.2 M€ in 2023.

Where is the headquarters of MCDONALD'S FRANCE ?

The headquarters of MCDONALD'S FRANCE is located in GUYANCOURT (78280), in the department Yvelines.

Where to find the tax return of MCDONALD'S FRANCE ?

The tax return of MCDONALD'S FRANCE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does MCDONALD'S FRANCE operate?

MCDONALD'S FRANCE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.