Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of -42.68 is 214% below its 5-year average of -13.58, near the low end of its 5-year range (-42.68–-6.85).
As of the fiscal period ended Tuesday, March 31, 2026. 58.52% below its 12-month average of -26.92.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
-42.68
DEBT TO EQUITY RATIO AVG TTM
-26.92
DEBT TO EQUITY RATIO AVG 3Y
-14.76
DEBT TO EQUITY RATIO AVG 5Y
-10.34
DEBT TO EQUITY RATIO AVG 10Y
-8.81
DEBT TO EQUITY RATIO AVG 15Y
-5.61
DEBT TO EQUITY RATIO AVG 20Y
-3.70
CURRENT VS TTM AVG
-58.52%
CURRENT VS 3Y AVG
-189.15%
CURRENT VS 5Y AVG
-312.82%
CURRENT VS 10Y AVG
-384.40%
CURRENT VS 15Y AVG
-661.36%
CURRENT VS 20Y AVG
-1052.36%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.87
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
-5005.26%
vs the sector median at left
McDonald's Corporation
Market Cap
$188.11B
Debt to Equity Ratio
-42.68
TTM Avg
-26.92
3Y Avg
-14.76
5Y Avg
-10.34
Market Cap
$170.33B
Debt to Equity Ratio
1.32
TTM Avg
1.42
3Y Avg
1.64
5Y Avg
1.88
Market Cap
$137.51B
Debt to Equity Ratio
-3.46
TTM Avg
3.26
3Y Avg
2.65
5Y Avg
2.07
Market Cap
$117.67B
Debt to Equity Ratio
-3.29
TTM Avg
4.40
3Y Avg
2.45
5Y Avg
1.75
Market Cap
$116.43B
Debt to Equity Ratio
-4.51
TTM Avg
15.14
3Y Avg
9.40
5Y Avg
6.95
Market Cap
$268.79B
Debt to Equity Ratio
0.25
TTM Avg
0.25
3Y Avg
0.23
5Y Avg
0.21
Market Cap
$101.02B
Debt to Equity Ratio
0.36
TTM Avg
0.26
3Y Avg
0.25
5Y Avg
0.38
Market Cap
$98.73B
Debt to Equity Ratio
-4.53
TTM Avg
13.74
3Y Avg
17.59
5Y Avg
12.81
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McDonald's Corporation (MCD) | $188.11B | -42.68 | -26.92 | -14.76 | -10.34 |
| The TJX Companies, Inc. (TJX)vs › | $170.33B | 1.32 | 1.42 | 1.64 | 1.88 |
| Booking Holdings Inc. (BKNG)vs › | $137.51B | -3.46 | 3.26 | 2.65 | 2.07 |
| Starbucks Corporation (SBUX)vs › | $117.67B | -3.29 | 4.40 | 2.45 | 1.75 |
| PDD Holdings Inc. (PDD)vs › | $117.66B | 0.01 | 0.02 | 0.06 | 0.11 |
| Lowe's Companies, Inc. (LOW)vs › | $116.43B | -4.51 | 15.14 | 9.40 | 6.95 |
| Alibaba Group Holding Limited (BABA)vs › | $268.79B | 0.25 | 0.25 | 0.23 | 0.21 |
| BYD Company Limited (BYDDY)vs › | $101.02B | 0.36 | 0.26 | 0.25 | 0.38 |
| Marriott International, Inc. (MAR)vs › | $98.73B | -4.53 | 13.74 | 17.59 | 12.81 |
| MercadoLibre, Inc. (MELI)vs › | $91.33B | 1.69 | 1.63 | 1.99 | 1.93 |
Debt/Equity
-42.68
Current Ratio
0.95
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-03-31 | -42.68 |
| 2025-12-31 | -30.61 |
| 2025-09-30 | -25.81 |
| 2025-06-30 | -20.24 |
| 2025-03-31 | -15.28 |
| 2024-12-31 | -13.68 |
| 2024-09-30 | -10.32 |
| 2024-06-30 | -10.78 |
| 2024-03-31 | -10.53 |
| 2023-12-31 | -11.28 |
| 2023-09-30 | -10.25 |
| 2023-06-30 | -9.70 |
| 2023-03-31 | -8.64 |
| 2022-12-31 | -8.11 |
| 2022-09-30 | -7.20 |
| 2022-06-30 | -7.47 |
| 2022-03-31 | -7.94 |
| 2021-12-31 | -10.73 |
| 2021-09-30 | -8.60 |
| 2021-06-30 | -8.48 |
| 2021-03-31 | -6.85 |
| 2020-12-31 | -6.58 |
| 2020-09-30 | -6.05 |
| 2020-06-30 | -5.49 |
| 2020-03-31 | -5.63 |
| 2019-12-31 | -5.79 |
| 2019-09-30 | -5.28 |
| 2019-06-30 | -6.65 |
| 2019-03-31 | -6.91 |
| 2018-12-31 | -4.97 |
| 2018-09-30 | -4.70 |
| 2018-06-30 | -5.29 |
| 2018-03-31 | -6.54 |
| 2017-12-31 | -9.04 |
| 2017-09-30 | -8.23 |
| 2017-06-30 | -14.18 |
| 2017-03-31 | -13.40 |
| 2016-12-31 | -11.78 |
| 2016-09-30 | -16.01 |
| 2016-06-30 | 40.64 |
| 2016-03-31 | 6.05 |
| 2015-12-31 | 3.40 |
| 2015-09-30 | 2.16 |
| 2015-06-30 | 1.70 |
| 2015-03-31 | 1.25 |
| 2014-12-31 | 1.16 |
| 2014-09-30 | 1.11 |
| 2014-06-30 | 0.96 |
| 2014-03-31 | 0.86 |
| 2013-12-31 | 0.88 |
| 2013-09-30 | 0.89 |
| 2013-06-30 | 0.88 |
| 2013-03-31 | 0.84 |
| 2012-12-31 | 0.89 |
| 2012-09-30 | 0.96 |
| 2012-06-30 | 0.97 |
| 2012-03-31 | 0.87 |
| 2011-12-31 | 0.87 |
| 2011-09-30 | 0.94 |
| 2011-06-30 | 0.82 |
| 2011-03-31 | 0.83 |
| 2010-12-31 | 0.79 |
| 2010-09-30 | 0.84 |
| 2010-06-30 | 0.81 |
| 2010-03-31 | 0.74 |
| 2009-12-31 | 0.75 |
| 2009-09-30 | 0.84 |
| 2009-06-30 | 0.83 |
| 2009-03-31 | 0.82 |
| 2008-12-31 | 0.76 |
| 2008-09-30 | 0.76 |
| 2008-06-30 | 0.76 |
| 2008-03-31 | 0.81 |
| 2007-12-31 | 0.61 |
| 2007-09-30 | 0.52 |
| 2007-06-30 | 0.54 |
| 2007-03-31 | 0.56 |
| 2006-12-31 | 0.54 |
| 2006-09-30 | 0.59 |
| 2006-06-30 | 0.61 |
| 2006-03-31 | 0.65 |
| 2005-12-31 | 0.67 |
| 2005-09-30 | 0.56 |
| 2005-06-30 | 0.60 |
| 2005-03-31 | 0.59 |
| 2004-12-31 | 0.65 |
| 2004-09-30 | 0.68 |
| 2004-06-30 | 0.72 |
| 2004-03-31 | 0.79 |
| 2003-12-31 | 0.81 |
| 2003-09-30 | 0.81 |
| 2003-06-30 | 0.84 |
| 2003-03-31 | 0.92 |
| 2002-12-31 | 0.97 |
| 2002-09-30 | 0.90 |
| 2002-06-30 | 0.92 |
