McDonald's Corporation (MCD)

MCD Balance Sheet

Assets, liabilities, and equity analysis

MCD Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	4.709B	4.709B	4.163B	6.079B	5.601B	4.735B	4.599B	4.912B	4.205B
Cash & Cash Equivalents	1.170B	1.170B	774.000M	2.413B	1.876B	1.238B	1.085B	1.221B	792.000M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	1.170B	1.170B	774.000M	2.413B	1.876B	1.238B	1.085B	1.221B	792.000M
Accounts Receivable	2.432B	2.432B	2.465B	2.579B	2.550B	2.387B	2.383B	2.460B	2.404B
Inventory	61.000M	61.000M	61.000M	55.000M	55.000M	51.000M	56.000M	54.000M	46.000M
Total Assets	60.037B	60.037B	59.515B	60.608B	59.555B	56.329B	55.182B	56.172B	53.801B
Property, Plant & Equipment	42.758B	42.758B	42.847B	41.771B	41.325B	39.391B	38.634B	39.407B	38.045B
Goodwill	3.349B	3.349B	3.354B	3.306B	3.308B	3.186B	3.145B	3.220B	3.048B
Intangible Assets	0.00	0.00	1.061B	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Investments	2.865B	2.865B	2.948B	2.864B	2.827B	2.751B	2.710B	2.960B	2.876B
Total Current Liabilities	4.146B	4.146B	4.361B	6.079B	4.298B	4.008B	3.861B	6.308B	3.910B
Accounts Payable	1.091B	1.091B	1.149B	972.000M	838.000M	882.000M	1.029B	944.000M	949.000M
Short-Term Debt	0.00	0.00	0.00	1.800B	602.000M	80.000M	0.00	596.000M	0.00
Total Liabilities	61.323B	61.323B	61.305B	62.771B	62.315B	59.783B	58.979B	61.349B	58.625B
Long-Term Debt	40.105B	40.105B	39.973B	39.483B	40.801B	38.845B	38.424B	38.990B	38.524B
Total Debt	54.881B	54.881B	54.814B	55.818B	55.867B	52.763B	51.948B	53.411B	51.999B
Net Debt (Cash)	53.711B	53.711B	54.040B	53.405B	53.991B	51.525B	50.863B	52.190B	51.207B
Total Shareholders' Equity	-1.286B	-1.286B	-1.790B	-2.163B	-2.760B	-3.454B	-3.796B	-5.177B	-4.824B
Common Stock	17.000M	17.000M	17.000M	17.000M	17.000M	17.000M	17.000M	17.000M	17.000M
Retained Earnings	70.942B	70.942B	70.282B	69.440B	68.424B	67.436B	66.834B	64.819B	65.026B
Current Ratio	1.14	1.14	0.95	1.00	1.30	1.18	1.19	0.78	1.08
Debt to Equity Ratio	-42.68	-42.68	-30.62	-25.81	-20.24	-15.28	-13.68	-10.32	-10.78

MCD Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	4.163B	4.599B	7.986B	5.424B	7.149B	6.243B	3.558B	4.053B
Cash & Cash Equivalents	774.000M	1.085B	4.579B	2.584B	4.709B	3.449B	898.500M	866.000M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	774.000M	1.085B	4.579B	2.584B	4.709B	3.449B	898.500M	866.000M
Accounts Receivable	2.465B	2.383B	2.488B	2.115B	1.872B	2.110B	2.224B	2.442B
Inventory	61.000M	56.000M	53.000M	52.000M	55.600M	51.100M	50.200M	51.100M
Total Assets	59.515B	55.182B	56.147B	50.436B	53.854B	52.627B	47.511B	32.811B
Property, Plant & Equipment	42.847B	38.634B	38.421B	36.339B	38.273B	38.786B	37.421B	22.843B
Goodwill	3.354B	3.145B	3.040B	2.900B	2.783B	2.773B	2.677B	2.332B
Intangible Assets	1.061B	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Investments	2.948B	2.710B	1.080B	1.065B	1.201B	1.297B	1.270B	1.203B
Total Current Liabilities	4.361B	3.861B	6.859B	3.802B	4.020B	6.181B	3.621B	2.974B
Accounts Payable	1.149B	1.029B	1.103B	980.200M	1.007B	741.300M	988.200M	1.208B
Short-Term Debt	0.00	0.00	2.192B	0.00	0.00	2.244B	59.100M	0.00
Total Liabilities	61.305B	58.979B	60.854B	56.439B	58.455B	60.452B	55.721B	39.070B
Long-Term Debt	39.973B	38.424B	37.153B	35.904B	35.623B	35.197B	34.118B	31.075B
Total Debt	54.814B	51.948B	53.091B	48.699B	49.349B	51.463B	47.556B	31.075B
Net Debt (Cash)	54.040B	50.863B	48.512B	46.115B	44.640B	48.014B	46.657B	30.209B
Total Shareholders' Equity	-1.790B	-3.796B	-4.706B	-6.003B	-4.601B	-7.825B	-8.210B	-6.258B
Common Stock	17.000M	17.000M	17.000M	16.600M	16.600M	16.600M	16.600M	16.600M
Retained Earnings	70.282B	66.834B	63.480B	59.544B	57.535B	53.908B	52.931B	50.487B
Current Ratio	0.95	1.19	1.16	1.43	1.78	1.01	0.98	1.36
Debt to Equity Ratio	-30.62	-13.68	-11.28	-8.11	-10.73	-6.58	-5.79	-4.97

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About McDonald's Corporation

McDonald's Corporation operates and licenses its renowned fast-food chain worldwide, with a significant presence in both the United States and international markets. Their comprehensive menu offers classic items like hamburgers and cheeseburgers, a variety of chicken options including sandwiches and nuggets, alongside lighter choices such as wraps, french fries, and salads. For breakfast, patrons can select from offerings like biscuit and bagel sandwiches, breakfast burritos, and hotcakes. Additionally, the company provides oatmeal, an assortment of desserts including milkshakes, sundaes, and soft-serve ice cream, plus a selection of baked goods. A wide array of soft drinks, coffee, and other beverages completes their offering. By December 31, 2021, the corporation's global network encompassed 40,031 establishments. McDonald's Corporation, founded in 1940, has its main corporate office located in Chicago, Illinois.

Chicago, IL

150,000 employees

www.mcdonalds.com

Consumer Cyclical / Restaurants

Sector: Consumer Cyclical
Industry: Restaurants
CEO: Christopher J. Kempczinski

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