McDonald’s Corporation is the world’s largest restaurant owner-operator, owning, operating, and franchising McDonald’s branded restaurants in the United States and over 115 international markets. Founded in 1940 and headquartered in Chicago, Illinois, the company offers a core menu of hamburgers, cheeseburgers, chicken sandwiches, fries, shakes, desserts, soft drinks, coffee, and breakfast items, alongside limited-time promotions to drive customer interest. McDonald’s pioneered the franchise model, deriving approximately 60% of its revenue from royalty fees and lease payments, with the balance from company-operated stores across its U.S., international operated markets, and developmental/licensed segments. In 2024, it achieved systemwide sales of $131 billion across more than 43,000 locations, underscoring its dominant position in the global quick-service restaurant industry within the consumer services sector. Employing around 150,000 people, McDonald’s continues to emphasize operational efficiency, value offerings, and menu innovation to maintain its market leadership.