McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
323.21
-2.76 (-0.85%)
At close: Feb 11, 2026, 4:00 PM EST
322.80
-0.41 (-0.13%)
After-hours: Feb 11, 2026, 7:58 PM EST
McDonald's Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
Cash & Equivalents | 774 | 2,413 | 1,876 | 1,238 | 1,085 | 1,221 | 792 | 838 | 4,579 | 3,496 | 1,626 | 3,708 | 2,584 | 2,828 | 1,873 | 2,336 | 4,709 | 4,306 | 3,049 | 3,020 |
Trading Asset Securities | - | - | 3 | - | 34 | 4 | - | - | 4 | 11.7 | 13.6 | - | - | - | 66.1 | 21.8 | 0.3 | 2.1 | 4 | 5.7 |
Cash & Short-Term Investments | 774 | 2,413 | 1,879 | 1,238 | 1,119 | 1,225 | 792 | 838 | 4,583 | 3,508 | 1,639 | 3,708 | 2,584 | 2,828 | 1,939 | 2,358 | 4,710 | 4,308 | 3,053 | 3,025 |
Cash Growth | -30.83% | 96.98% | 137.25% | 47.73% | -75.58% | -65.08% | -51.68% | -77.40% | 77.37% | 24.03% | -15.44% | 57.29% | -45.14% | -34.35% | -36.51% | -22.08% | 36.54% | 16.94% | -6.21% | -43.76% |
Accounts Receivable | 2,466 | 2,579 | 2,550 | 2,387 | 2,383 | 2,460 | 2,404 | 2,238 | 2,488 | 2,247 | 2,194 | 2,076 | 2,115 | 1,890 | 1,837 | 1,674 | 1,872 | 1,829 | 1,808 | 1,734 |
Other Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 332 | - | - | - |
Receivables | 2,466 | 2,579 | 2,550 | 2,387 | 2,383 | 2,460 | 2,404 | 2,238 | 2,488 | 2,247 | 2,194 | 2,076 | 2,115 | 1,890 | 1,837 | 1,674 | 2,204 | 1,829 | 1,808 | 1,734 |
Inventory | - | 55 | 55 | 51 | 56 | 54 | 46 | 46 | 53 | 47.6 | 52.4 | 51.5 | 52 | 43.4 | 43.3 | 49.6 | 55.6 | 50.1 | 47.8 | 45.3 |
Prepaid Expenses | - | 1,027 | 1,013 | 881 | 419 | 1,027 | 927 | 900 | 847 | 995 | 815.2 | 703.8 | 419.6 | 647.7 | 985.2 | 532.2 | 126.6 | 568.3 | 574.8 | 457.4 |
Other Current Assets | 923 | 5 | 104 | 178 | 622 | 146 | 36 | 35 | 15 | 52.3 | 245 | 259.8 | 253.8 | 331.5 | 115.5 | 43 | 52.4 | 41.1 | 216.9 | 206.1 |
Total Current Assets | 4,163 | 6,079 | 5,601 | 4,735 | 4,599 | 4,912 | 4,205 | 4,057 | 7,986 | 6,850 | 4,945 | 6,799 | 5,424 | 5,741 | 4,919 | 4,656 | 7,149 | 6,796 | 5,701 | 5,468 |
Property, Plant & Equipment | 42,847 | 41,771 | 41,325 | 39,391 | 38,634 | 39,407 | 38,045 | 37,959 | 38,422 | 36,174 | 36,620 | 36,403 | 36,339 | 34,891 | 36,129 | 37,813 | 38,273 | 37,958 | 38,328 | 38,179 |
Long-Term Investments | - | 2,864 | 2,827 | 2,751 | 2,710 | 2,960 | 2,876 | 2,883 | 1,080 | 1,038 | 1,039 | 1,088 | 1,065 | 963.8 | 1,074 | 1,177 | 1,210 | 1,189 | 1,219 | 1,232 |
Goodwill | - | 3,306 | 3,308 | 3,186 | 3,145 | 3,220 | 3,048 | 3,028 | 3,040 | 2,965 | 2,969 | 2,931 | 2,900 | 2,651 | 2,722 | 2,814 | 2,783 | 2,744 | 2,778 | 2,746 |
Other Intangible Assets | - | - | - | - | 907 | - | - | - | 836 | - | - | - | 864.3 | - | - | - | 795 | - | - | - |
Long-Term Deferred Tax Assets | - | - | - | - | 3,543 | - | - | - | 3,023 | - | - | - | 2,477 | - | - | - | 2,357 | - | - | - |
Other Long-Term Assets | 12,505 | 6,588 | 6,494 | 6,266 | 1,644 | 5,673 | 5,627 | 5,586 | 1,760 | 5,063 | 4,869 | 4,795 | 1,366 | 4,255 | 4,403 | 4,417 | 1,289 | 4,040 | 3,868 | 3,478 |
Total Assets | 59,515 | 60,608 | 59,555 | 56,329 | 55,182 | 56,172 | 53,801 | 53,513 | 56,147 | 52,089 | 50,442 | 52,014 | 50,436 | 48,502 | 49,248 | 50,878 | 53,854 | 52,727 | 51,893 | 51,103 |
Accounts Payable | - | 972 | 838 | 882 | 1,029 | 944 | 949 | 936 | 1,103 | 862.4 | 806.6 | 811.8 | 980.2 | 794.8 | 739.4 | 718.6 | 1,007 | 772.6 | 730.9 | 670 |
Accrued Expenses | - | 2,086 | 1,922 | 1,760 | 1,828 | 1,964 | 1,823 | 1,775 | 2,125 | 1,926 | 1,757 | 1,800 | 1,866 | 1,650 | 1,547 | 2,220 | 1,944 | 1,825 | 1,673 | 1,529 |
Short-Term Debt | - | 1,800 | 602 | 80 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Current Portion of Long-Term Debt | - | 1 | 3 | 5 | 6 | 596 | - | 606 | 2,196 | 5.8 | 7.7 | 525.7 | - | - | - | - | - | 500 | 500 | 900 |
Current Portion of Leases | - | 698 | 686 | 663 | 636 | 668 | 655 | 685 | 688 | 668.1 | 687.2 | 668.7 | 661.1 | 654.9 | 689.6 | 691.9 | 705.5 | 701.5 | 720.4 | 718.4 |
Current Income Taxes Payable | - | 367 | 24 | 556 | 361 | 786 | 464 | 873 | 705 | 535.3 | 385.4 | 795.8 | 274.9 | 386.3 | 503.8 | 593.5 | 360.7 | 259.7 | 281.4 | 718.3 |
Other Current Liabilities | 4,361 | 155 | 223 | 62 | 1 | 1,350 | 19 | 11 | 42 | 4.9 | 29.9 | 23.1 | 19.5 | - | - | 10.2 | 3.3 | 1,037 | 29.3 | 44.1 |
Total Current Liabilities | 4,361 | 6,079 | 4,298 | 4,008 | 3,861 | 6,308 | 3,910 | 4,886 | 6,859 | 4,003 | 3,674 | 4,625 | 3,802 | 3,486 | 3,480 | 4,235 | 4,020 | 5,096 | 3,935 | 4,580 |
Long-Term Debt | 39,973 | 39,502 | 40,823 | 38,872 | 38,458 | 39,029 | 38,582 | 36,826 | 37,211 | 37,355 | 35,791 | 36,683 | 35,995 | 34,958 | 34,637 | 34,030 | 35,627 | 34,628 | 34,923 | 34,823 |
Long-Term Leases | 14,147 | 13,837 | 13,778 | 13,175 | 12,888 | 13,157 | 12,820 | 12,828 | 13,058 | 11,807 | 12,074 | 12,123 | 12,134 | 11,767 | 12,319 | 12,872 | 13,021 | 12,987 | 13,119 | 13,111 |
Long-Term Unearned Revenue | - | 936 | 933 | 914 | 778 | 800 | 791 | 784 | 790 | 767.6 | 769.1 | 760.5 | 757.8 | 727.8 | 733 | 743 | 738.3 | 720.1 | 714.9 | 702.5 |
Pension & Post-Retirement Benefits | - | - | - | - | 413 | - | - | - | 403 | - | - | - | - | - | - | - | - | - | - | - |
Long-Term Deferred Tax Liabilities | 1,038 | 1,457 | 1,423 | 1,721 | 1,914 | 1,166 | 1,610 | 1,796 | 1,681 | 1,617 | 1,620 | 1,883 | 1,998 | 2,145 | 2,250 | 2,049 | 2,076 | 2,046 | 2,067 | 2,102 |
Other Long-Term Liabilities | 1,787 | 960 | 1,060 | 1,093 | 667 | 889 | 912 | 1,226 | 852 | 1,395 | 1,513 | 1,718 | 1,752 | 1,984 | 2,198 | 2,941 | 2,974 | 2,925 | 2,942 | 3,020 |
Total Liabilities | 61,306 | 62,771 | 62,315 | 59,783 | 58,979 | 61,349 | 58,625 | 58,346 | 60,854 | 56,944 | 55,441 | 57,791 | 56,439 | 55,068 | 55,618 | 56,869 | 58,455 | 58,402 | 57,701 | 58,339 |
Common Stock | -1,791 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 16.6 | 16.6 | 16.6 | 16.6 | 16.6 | 16.6 | 16.6 | 16.6 | 16.6 | 16.6 | 16.6 |
Additional Paid-In Capital | - | 9,560 | 9,500 | 9,423 | 9,281 | 9,194 | 9,055 | 9,001 | 8,893 | 8,825 | 8,736 | 8,636 | 8,547 | 8,460 | 8,379 | 8,307 | 8,232 | 8,126 | 8,046 | 7,959 |
Retained Earnings | - | 69,440 | 68,424 | 67,436 | 66,834 | 64,819 | 65,026 | 64,203 | 63,480 | 62,649 | 61,437 | 60,235 | 59,544 | 58,752 | 57,785 | 57,614 | 57,535 | 55,898 | 55,739 | 54,483 |
Treasury Stock | - | -78,766 | -78,271 | -77,773 | -77,375 | -76,870 | -76,459 | -75,520 | -74,640 | -73,799 | -72,733 | -72,174 | -71,624 | -71,235 | -70,304 | -69,287 | -67,810 | -67,052 | -67,038 | -67,058 |
Comprehensive Income & Other | - | -2,414 | -2,430 | -2,557 | -2,554 | -2,337 | -2,463 | -2,534 | -2,457 | -2,546 | -2,456 | -2,489 | -2,487 | -2,560 | -2,246 | -2,642 | -2,574 | -2,663 | -2,571 | -2,636 |
Shareholders' Equity | -1,791 | -2,163 | -2,760 | -3,454 | -3,797 | -5,177 | -4,824 | -4,833 | -4,707 | -4,855 | -4,999 | -5,776 | -6,003 | -6,566 | -6,370 | -5,991 | -4,601 | -5,675 | -5,808 | -7,236 |
Total Liabilities & Equity | 59,515 | 60,608 | 59,555 | 56,329 | 55,182 | 56,172 | 53,801 | 53,513 | 56,147 | 52,089 | 50,442 | 52,014 | 50,436 | 48,502 | 49,248 | 50,878 | 53,854 | 52,727 | 51,893 | 51,103 |
Total Debt | 54,120 | 55,838 | 55,892 | 52,795 | 51,988 | 53,450 | 52,057 | 50,945 | 53,153 | 49,836 | 48,560 | 50,000 | 48,791 | 47,380 | 47,646 | 47,594 | 49,353 | 48,816 | 49,262 | 49,553 |
Net Cash (Debt) | -53,346 | -53,425 | -54,013 | -51,557 | -50,869 | -52,225 | -51,265 | -50,107 | -48,570 | -46,328 | -46,921 | -46,292 | -46,207 | -44,552 | -45,708 | -45,236 | -44,644 | -44,508 | -46,209 | -46,527 |
Net Cash Per Share | -74.46 | -74.43 | -75.14 | -71.61 | -70.47 | -72.14 | -70.53 | -68.65 | -66.33 | -63.08 | -63.72 | -62.70 | -62.33 | -59.79 | -61.07 | -60.24 | -59.38 | -59.21 | -61.52 | -62.02 |
Filing Date Shares Outstanding | 714.2 | 712.15 | 713.6 | 715.03 | 714.46 | 716.62 | 717.34 | 720.68 | 722.05 | 725.34 | 728.76 | 730.09 | 731.5 | 732.42 | 735.72 | 739.55 | 743.58 | 747.25 | 746.8 | 746.17 |
Total Common Shares Outstanding | 714.2 | 712.15 | 713.6 | 715.03 | 715.2 | 716.62 | 717.34 | 720.68 | 722.7 | 725.34 | 728.76 | 730.09 | 730.73 | 732.42 | 735.72 | 739.55 | 744.8 | 747.25 | 746.8 | 746.17 |
Working Capital | -198 | - | 1,303 | 727 | 738 | -1,396 | 295 | -829 | 1,127 | 2,847 | 1,272 | 2,174 | 1,622 | 2,255 | 1,439 | 421.8 | 3,129 | 1,700 | 1,766 | 888.1 |
Book Value Per Share | -2.51 | -3.04 | -3.87 | -4.83 | -5.31 | -7.22 | -6.72 | -6.71 | -6.51 | -6.69 | -6.86 | -7.91 | -8.22 | -8.97 | -8.66 | -8.10 | -6.18 | -7.59 | -7.78 | -9.70 |
Tangible Book Value | -1,791 | -5,469 | -6,068 | -6,640 | -7,849 | -8,397 | -7,872 | -7,861 | -8,583 | -7,820 | -7,968 | -8,707 | -9,768 | -9,218 | -9,092 | -8,805 | -8,179 | -8,419 | -8,586 | -9,981 |
Tangible Book Value Per Share | -2.51 | -7.68 | -8.50 | -9.29 | -10.97 | -11.72 | -10.97 | -10.91 | -11.88 | -10.78 | -10.93 | -11.93 | -13.37 | -12.58 | -12.36 | -11.91 | -10.98 | -11.27 | -11.50 | -13.38 |
Land | - | - | - | - | 7,253 | - | - | - | 7,081 | - | - | - | 6,686 | - | - | - | 6,488 | - | - | - |
Buildings | - | - | - | - | 33,904 | - | - | - | 33,382 | - | - | - | 31,426 | - | - | - | 31,949 | - | - | - |
Machinery | - | - | - | - | 2,586 | - | - | - | 2,693 | - | - | - | 2,499 | - | - | - | 3,032 | - | - | - |
Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.