McDonald's Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,170	774	1,085	4,579	2,584	4,709
Cash & Short-Term Investments	1,170	774	1,085	4,579	2,584	4,709
Cash Growth	-5.49%	-28.66%	-76.31%	77.22%	-45.13%	36.53%
Accounts Receivable	2,432	2,466	2,383	2,488	2,115	1,872
Inventory	61	61	56	53	52	55.6
Other Current Assets	1,046	863	1,074	866	673.4	511.3
Total Current Assets	4,709	4,163	4,599	7,986	5,424	7,149
Net Property, Plant & Equipment	42,758	42,847	38,634	38,422	36,339	38,273
Goodwill	3,349	3,354	3,145	3,040	2,900	2,783
Long-Term Investments	2,865	2,820	2,710	1,080	1,065	1,201
Other Long-Term Assets	6,357	6,331	6,095	5,618	4,707	4,450
Total Assets	60,037	59,515	55,182	56,147	50,436	53,854
Accounts Payable	1,091	1,149	1,029	1,103	980.2	1,007
Accrued Expenses	1,705	2,021	1,611	1,903	1,631	1,710
Short-Term Debt	-	-	-	2,192	-	-
Current Portion of Leases	707	694	636	688	661.1	705.5
Other Current Liabilities	644	497	585	973	530	597.4
Total Current Liabilities	4,146	4,361	3,861	6,859	3,802	4,020
Long-Term Debt	40,105	39,973	38,424	37,153	35,904	35,623
Long-Term Leases	14,069	14,147	12,888	13,058	12,134	13,021
Other Long-Term Liabilities	3,003	2,826	3,807	3,784	4,599	5,792
Total Long-Term Liabilities	57,177	56,946	55,119	53,995	52,637	54,435
Total Liabilities	61,323	61,307	58,980	60,854	56,439	58,455
Common Stock	17	17	17	17	16.6	16.6
Treasury Stock	-79,673	-79,316	-77,375	-74,640	-71,624	-67,810
Additional Paid-in Capital	9,792	9,641	9,281	8,893	8,547	8,232
Accumulated Other Comprehensive Income	-2,363	-2,414	-2,553	-2,456	-2,487	-2,574
Retained Earnings	70,942	70,282	66,834	63,480	59,544	57,535
Shareholders' Equity	-1,286	-1,791	-3,797	-4,707	-6,003	-4,601
Total Liabilities & Equity	60,037	59,515	55,182	56,147	50,436	53,854
Total Debt	54,881	54,814	51,948	53,091	48,699	49,349
Net Cash (Debt)	-53,711	-54,040	-50,863	-48,512	-46,115	-44,640
Net Cash Per Share	-75.09	-75.43	-70.46	-66.25	-62.21	-59.38
Book Value	-1,286	-1,791	-3,797	-4,707	-6,003	-4,601
Book Value Per Share	-1.80	-2.50	-5.26	-6.43	-8.10	-6.12
Tangible Book Value	-4,635	-5,145	-6,942	-7,747	-8,904	-7,384
Tangible Book Value Per Share	-6.48	-7.18	-9.62	-10.58	-12.01	-9.82

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q