Working capital decreased 74.9%
Working capital changed -74.9% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$1.3B→$327.0M4 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →MCD financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Free-cash-flow proxy increased 57.6%
Free-cash-flow proxy changed +57.6% from the comparable as-filed period.
$1.3B→$2.0B2 prior comparisons
Operating cash flow increased 40.5%
Operating cash flow changed +40.5% from the comparable as-filed period.
$2.0B→$2.8B2 prior comparisons
Cash & equivalents decreased 56.2%
Cash & equivalents changed -56.2% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$1.9B→$822.0M4 prior comparisons
Current assets decreased 22.4%
Current assets changed -22.4% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$5.6B→$4.3B4 prior comparisons
Operating cash flow / net income increased 34.0%
Operating cash flow / net income changed +34.0% from the comparable as-filed period.
0.89→1.192 prior comparisons
Current ratio decreased 17.0%
Current ratio changed -17.0% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
1.3→1.084 prior comparisons
Free-cash-flow margin moved 951 bp higher
Free-cash-flow margin changed +951 basis points from the comparable as-filed period.
18.33%→27.83%2 prior comparisons
Operating cash-flow margin moved 1034 bp higher
Operating cash-flow margin changed +1034 basis points from the comparable as-filed period.
29.20%→39.54%2 prior comparisons
Revenue increased 3.7%
Revenue changed +3.7% from the comparable as-filed period.
$6.8B→$7.1B2 prior comparisons
Operating income increased 3.3%
Operating income changed +3.3% from the comparable as-filed period.
$3.2B→$3.3B2 prior comparisons
Selling, general & administrative increased 16.7%
Selling, general & administrative changed +16.7% from the comparable as-filed period.
$700.0M→$817.0M2 prior comparisons
Capex / revenue moved 83 bp higher
Capex / revenue changed +83 basis points from the comparable as-filed period.
10.87%→11.71%2 prior comparisons
Noncurrent long-term debt decreased 2.3%
Noncurrent long-term debt changed -2.3% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 4 consecutive comparable moves in the opposite direction.
$40.8B→$39.9B4 prior comparisons
Operating margin moved 21 bp lower
Operating margin changed -21 basis points from the comparable as-filed period.
47.23%→47.02%2 prior comparisons
Net income increased 4.8%
Net income changed +4.8% from the comparable as-filed period.
$2.3B→$2.4B2 prior comparisons
Working capital / assets moved 164 bp lower
Working capital / assets changed -164 basis points from the comparable as-filed period.
2.19%→0.55%3 prior comparisons
Capital expenditure increased 11.7%
Capital expenditure changed +11.7% from the comparable as-filed period.
$744.0M→$831.0M2 prior comparisons
Gross margin moved 2 bp lower
Gross margin changed -2 basis points from the comparable as-filed period.
90.44%→90.42%0 prior comparisons
Current liabilities decreased 6.5%
Current liabilities changed -6.5% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$4.3B→$4.0B4 prior comparisons
Shares outstanding decreased 0.8%
Shares outstanding changed -0.8% from the comparable as-filed period. The change ranks at the 62th percentile of 8 prior comparable changes.
713,604,434→707,641,5318 prior comparisons
Stock-based compensation decreased 11.4%
Stock-based compensation changed -11.4% from the comparable as-filed period.
$44.0M→$39.0M2 prior comparisons
Inventory / revenue moved 1 bp higher
Inventory / revenue changed +1 basis points from the comparable as-filed period.
0.80%→0.82%2 prior comparisons
SBC / revenue moved 9 bp lower
SBC / revenue changed -9 basis points from the comparable as-filed period.
0.64%→0.55%2 prior comparisons
Total assets increased 0.6%
Total assets changed +0.6% from the comparable as-filed period.
$59.6B→$59.9B3 prior comparisons
Inventory increased 5.5%
Inventory changed +5.5% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$55.0M→$58.0M4 prior comparisons
Cost of revenue increased 4.0%
Cost of revenue changed +4.0% from the comparable as-filed period.
$654.0M→$680.0M0 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.