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MCD, risk-factor evolution

Item 1A (Risk Factors) year-over-year changes. Pre-computed at ingest time: paragraph adds/removes plus term-frequency cosine similarity between consecutive years.

📞 Earnings calls for MCD on Subtext ↗

Section length over time

018633726558974532016201720182019202020212022202320242025
  • Carried over
  • Newly added

Item 1A word count by fiscal year, split into text carried over from the prior year vs. newly added (from year-over-year diffs).

Year-over-year transitions

YearsSimilarityAddedRemovedSection length
20152016
1.00
+5179-49195179 wordsDiff →
20162017
1.00
+5349-51795349 wordsDiff →
20172023
0.99
+6357-53496357 wordsDiff →
20232024
1.00
+3546-33676536 wordsDiff →
20242025
1.00
+2199-19606775 wordsDiff →