Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research McDonald's Corp.

Summary: McDonald's Corp.

Published Apr 07, 2014

1973 words — Published Apr 07, 2014

Price US$ 225.00 | Buy this Report Now

About This Report

Abstract:

Standard&Poor's Ratings Services derived its 'A' corporate credit rating on McDonald's Corp. from: Our anchor of 'a', based on our "strong" business risk and "modest" financial risk profile assessments for the company. Analytical modifiers did not have any impact on our rating. By far the leading quick service restaurant chain in the U.S. and industry leader in many international markets; Significantly larger advertising and marketing budgets relative to competitors; Large amount of stable revenue from franchise royalties and rental income; Leading industry average unit volumes and restaurant level operating margins; and Vulnerable to weak economic conditions, consumer preferences and intense industry competition. Very stable leverage ratios over the past five years in line with financial risk category; Large

Brief Excerpt:

RESEARCH Summary: McDonald's Corp. Publication date: 07-Apr-2014 Primary Credit Analyst: Charles Pinson-Rose, New York (1) 212-438-4944; charles.pinson-rose@standardandpoors.com Secondary Contact: Helena H Song, CFA, New York (1)...

Report Type:

Summary

Ticker

MCD

Issuer

McDonald's Corp.

GICS

Restaurants (25301040)

Sector

Global Issuers , Structured Finance

Country

United States

Region

United States

Format:

HTML

Bulletin: McDonald's Corp. Ratings Unaffected By Announced Return To Shareholders – 2014/05/28 – Free

Bulletin: McDonald's Corp. Ratings Unchanged On National Labor Relations Board's Possible Joint Employer Ruling – 2014/07/30 – Free

Bulletin: McDonald's Weaker-Than-Expected Sales In August Might Lead To Weaker Profits; No Impact On Credit Ratios Expected – 2014/09/09 – Free

Bulletin: McDonald's Corp.'s Third-Quarter Results Were Weaker Than Expected; Material Changes Not Likely In Late 2014, Early 2015 – 2014/10/21 – Free

Bulletin: McDonald's Corp. Reported Weaker-Than-Expected Sales In November; More Moderate Declines Expected – 2014/12/08 – Free

Summary: McDonald's Corp. – 2013/01/30 – US$ 225.00

McDonald's Corp. – 2012/07/25 – US$ 500.00

Summary: McDonald's Corp. – 2012/07/25 – US$ 225.00

Summary: McDonald's Corp. – 2012/01/23 – US$ 225.00

Summary: McDonald's Corp. – 2011/07/21 – US$ 225.00

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Summary: McDonald's Corp." Apr 07, 2014. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-McDonald-s-Corp-1291880>

APA:	S&P Global Ratings’ Credit Research. (). Summary: McDonald's Corp. Apr 07, 2014. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-McDonald-s-Corp-1291880>

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