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Ranked: Biggest Fast Food Chains in America

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Ranked: The Biggest Fast Food Chains in America

Ranked: The Biggest Fast Food Chains in America

Fast food is a supersized business in America.

The average American spends as much as $1,200 every year on fast food — and roughly a quarter of the U.S. population eats three or more fast food meals per week.

Today’s unique infographic, via TitleMax, shows just how dominant the quick serve food industry is, and which brands are leading the pack in terms of revenue and store locations.

Billions Served

All of the biggest fast food chains now top $1 billion in sales annually. McDonald’s leads the pack with almost triple the sales of the number two chain, Starbucks.

Below are the top 30 fast food chains in the United States by revenue:

RankChainSales (U.S., 2017)# of Locations (U.S.)
1McDonald's$37.5B14,036
2Starbucks$13.2B13,930
3Subway$10.8B25,908
4Burger King$9.8B7,226
5Taco Bell$9.3B6,446
6Wendy's$9.3B5,769
7Dunkin' Donuts$5.9B12,538
8Chick-fil-A$9.0B2,225
9Domino's$5.9B5,587
10Pizza Hut$5.5B7,522
11Panera Bread$4.5B2,043
12Chipotle$4.5B2,371
13KFC$4.4B4,019
14Sonic Drive-In$4.4B3,593
15Dairy Queen$3.6B4,455
16Arby's$3.6B3,415
17Little Caesars$3.5B4,332
18Jack in the Box$3.5B2,251
19Popeye's$3.2B2,231
20Papa John's$3.1B3,314
21Panda Express$2.3B2,011
22Whataburger$2.3B821
23Hardee's$2.2B1,864
24Jimmy John's$2.1B2,755
25Zaxby's$2.1B890
26Carl's Jr.$1.5B1,156
27Five Guys$1.4B1,321
28Culver's$1.4B643
29Bojangles'$1.3B764
30Wingstop$1.1B1,027

In 2017, the top 30 fast food chains rang up $172 billion in sales at over 140,000 locations across the United States. When smaller chains are also included, annual industry revenue tops a whopping $200 billion.

Location, Location

Fast food can be a profitable business, but certain chains are runaway successes when sales-per-unit are considered. Chick-fil-A’s sales average out to $4.3 million per location — 53% higher than McDonald’s, which brings in $2.8 million of sales per location.

Subway, which is known for having a low franchise fee and no exclusive territory rights, has the lowest sales-per-unit in the top 30 ($419,792).

That said, no one can compare to Subway in terms of sheer volume. The chain has over 25,000 locations, making it not only the biggest fast food chain in the country, but the most common retailer overall (even beating out dollar stores). It’s possible that America has seen peak Subway though — the number of locations has been steadily dropping since 2011.

On the opposite end of the spectrum is Starbucks. The Seattle-based coffee chain has been relentlessly expanding over the past decade.

Regional Preferences

Of course, not all fast food chains have the ubiquity of Subway and McDonald’s. Many of these brands have achieved impressive sales numbers in specific regions. Whether you’re loyal to Dunkin’ Donuts, Chick-fil-A, or In-N-Out may depend heavily on where you live.

dunkin donuts vs starbucks

Source

Will America’s next big fast food powerhouse come from an already-strong regional chain, or will it be the result of a new phenomenon, completely?

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Money

Charted: Public Trust in the Federal Reserve

Public trust in the Federal Reserve chair has hit its lowest point in 20 years. Get the details in this infographic.

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The Briefing

  • Gallup conducts an annual poll to gauge the U.S. public’s trust in the Federal Reserve
  • After rising during the COVID-19 pandemic, public trust has fallen to a 20-year low

 

Charted: Public Trust in the Federal Reserve

Each year, Gallup conducts a survey of American adults on various economic topics, including the country’s central bank, the Federal Reserve.

More specifically, respondents are asked how much confidence they have in the current Fed chairman to do or recommend the right thing for the U.S. economy. We’ve visualized these results from 2001 to 2023 to see how confidence levels have changed over time.

Methodology and Results

The data used in this infographic is also listed in the table below. Percentages reflect the share of respondents that have either a “great deal” or “fair amount” of confidence.

YearFed chair% Great deal or Fair amount
2023Jerome Powell36%
2022Jerome Powell43%
2021Jerome Powell55%
2020Jerome Powell58%
2019Jerome Powell50%
2018Jerome Powell45%
2017Janet Yellen45%
2016Janet Yellen38%
2015Janet Yellen42%
2014Janet Yellen37%
2013Ben Bernanke42%
2012Ben Bernanke39%
2011Ben Bernanke41%
2010Ben Bernanke44%
2009Ben Bernanke49%
2008Ben Bernanke47%
2007Ben Bernanke50%
2006Ben Bernanke41%
2005Alan Greenspan56%
2004Alan Greenspan61%
2003Alan Greenspan65%
2002Alan Greenspan69%
2001Alan Greenspan74%

Data for 2023 collected April 3-25, with this statement put to respondents: “Please tell me how much confidence you have [in the Fed chair] to recommend the right thing for the economy.”

We can see that trust in the Federal Reserve has fluctuated significantly in recent years.

For example, under Alan Greenspan, trust was initially high due to the relative stability of the economy. The burst of the dotcom bubble—which some attribute to Greenspan’s easy credit policies—resulted in a sharp decline.

On the flip side, public confidence spiked during the COVID-19 pandemic. This was likely due to Jerome Powell’s decisive actions to provide support to the U.S. economy throughout the crisis.

Measures implemented by the Fed include bringing interest rates to near zero, quantitative easing (buying government bonds with newly-printed money), and emergency lending programs to businesses.

Confidence Now on the Decline

After peaking at 58%, those with a “great deal” or “fair amount” of trust in the Fed chair have tumbled to 36%, the lowest number in 20 years.

This is likely due to Powell’s hard stance on fighting post-pandemic inflation, which has involved raising interest rates at an incredible speed. While these rate hikes may be necessary, they also have many adverse effects:

  • Negative impact on the stock market
  • Increases the burden for those with variable-rate debts
  • Makes mortgages and home buying less affordable

Higher rates have also prompted many U.S. tech companies to shrink their workforces, and have been a factor in the regional banking crisis, including the collapse of Silicon Valley Bank.

Where does this data come from?

Source: Gallup (2023)

Data Notes: Results are based on telephone interviews conducted April 3-25, 2023, with a random sample of –1,013—adults, ages 18+, living in all 50 U.S. states and the District of Columbia. For results based on this sample of national adults, the margin of sampling error is ±4 percentage points at the 95% confidence level. See source for details.

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