| Stage | MCD | % of rev | CMG | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $7.1B | 100.00% | $3.3B | 100.00% | MCD ×2.16 |
| Gross profit | $4.3B | 60.30% | $768M | 23.33% | MCD +37.0pp |
| Operating income | $3.3B | 47.02% | $452M | 13.72% | MCD +33.3pp |
| Pre-tax income | $2.9B | 41.36% | $457M | 13.88% | MCD +27.5pp |
| Net income | $2.4B | 33.27% | $340M | 10.32% | MCD +23.0pp |
| Stage | MCD | CMG | Gap · A − B |
|---|---|---|---|
| Revenue | $7.1B100.00% | $3.3B100.00% | MCD ×2.16 |
| Gross profit | 60.30%$4.3B | 23.33%$768M | MCD +37.0pp |
| Operating income | 47.02%$3.3B | 13.72%$452M | MCD +33.3pp |
| Pre-tax income | 41.36%$2.9B | 13.88%$457M | MCD +27.5pp |
| Net income |
| 33.27%$2.4B |
| 10.32%$340M |
| MCD +23.0pp |
MCD · GPK 10-KMar 2 '26
“Quick-service restaurant customers include Chick-fil-A, McDonald's, Wendy's, Panda Express, Dairy Queen, Chipotle, Panera and KFC.”
CMG · GPK 10-KMar 2 '26
“Quick-service restaurant customers include Chick-fil-A, McDonald's, Wendy's, Panda Express, Dairy Queen, Chipotle, Panera and KFC.”