Restaurant Business reports that a McDonald’s restaurant's value is at a record high with its sale price being seen at "ten times EBITDA (earnings before interest, taxes, depreciation, and amortization)." However, in April 2022, a survey of franchisee sentiment conducted by Kalinowski Equity Research showed that on a scale of 1 to 5, franchisees felt that their relationship with McDonald's was at 1.19.