Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
McDonalds Gross Profit Assessment
According to company disclosure McDonalds Corp reported 10.9 B of gross profit. This is 389.66% higher than that of Services sector, and 1766.87% higher than that of Restaurants industry, The Gross Profit for all stocks is 11.56% higher than the company.
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McDonalds is considered to be number one stock in gross profit category among related companies.
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McDonalds Corp Profile
McDonalds CorpUSA StockCurrency: USD - US DollarTraded on New York Stock Exchange
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