Who Owns McDonald's?
Updated onExplore the ownership hierarchy of McDonald's. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
McDonald's
Global quick-service restaurant company whose McCafé/McCafé-branded offerings and vast restaurant network make it a major low-price competitor in coffee and convenience.
McDonald's appears to be independent with no known parent company.
McDonald's
Global quick-service restaurant company whose McCafé/McCafé-branded offerings and vast restaurant network make it a major low-price competitor in coffee and convenience.
McDonald's appears to be independent with no known parent company.
Major Shareholders
McDonald's
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
The Vanguard Group, Inc. Largest shareholder; stake held across various Vanguard index and mutual funds based on Q3 2025 institutional holdings and ownership analyses. | Institutional | 10.1% | 10.1% | Sep 2025 |
BlackRock, Inc. Second‑largest shareholder; ownership derived from aggregated BlackRock-managed funds in Q3 2025 filings and major-holder summaries. | Institutional | 7.3% | 7.3% | Sep 2025 |
State Street Corporation Large index-fund and ETF provider (State Street Global Advisors); percentage from Q3 2025 institutional ownership data. | Institutional | 4.9% | 4.9% | Sep 2025 |
JPMorgan Chase & Co. Ownership reflects JPMorgan’s beneficial stake reported in 2025 Schedule 13G/A and Q3 2025 institutional holdings aggregations (approx. 33–34M shares, ~4.6–4.8%). | Institutional | 4.8% | 4.8% | Sep 2025 |
Geode Capital Management, LLC Quant/index manager closely associated with Vanguard index funds; holdings around 17M shares per Q3 2025 institutional ownership reports. | Institutional | 2.4% | 2.4% | Sep 2025 |
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