Business Segments · CapEx
International Operated Markets — CapEx
McDonald's International Operated Markets — CapEx increased by 23.9% to $399.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.9%, from $322.00M to $399.00M. Over 3 years (FY 2021 to FY 2024), International Operated Markets — CapEx shows an upward trend with a 16.5% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026
How to read this metric
An increase typically signals aggressive expansion or modernization efforts, while a decrease may indicate a shift toward capital preservation or a completed investment cycle.
Detailed definition
This metric represents the total cash outflows used by the company to acquire, upgrade, and maintain physical assets wit...
Peer comparison
Comparable to capital expenditure line items for international segments in other global restaurant or retail chains.
Metric ID:
mcd_segment_international_operated_markets_capital_expendituresHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $262.65M | $262.65M | $262.65M | $253.80M | $253.80M | $253.80M | $253.80M | $335.13M | $335.13M | $335.13M | $335.13M | $415.25M | $415.25M | $415.25M | $415.25M | $322.00M | $399.00M |
| QoQ Change | — | +0.0% | +0.0% | -3.4% | +0.0% | +0.0% | +0.0% | +32.0% | +0.0% | +0.0% | +0.0% | +23.9% | +0.0% | +0.0% | +0.0% | -22.5% | +23.9% |
| YoY Change | — | — | — | — | -3.4% | -3.4% | -3.4% | +32.0% | +32.0% | +32.0% | +32.0% | +23.9% | +23.9% | +23.9% | +23.9% | -22.5% | +23.9% |
Range$253.80M – $415.25M
CAGR+11.0%
Avg YoY Growth+16.6%
Median YoY Growth+23.9%
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Frequently Asked Questions
- What is McDonald's's international operated markets — capex?
- McDonald's (MCD) reported international operated markets — capex of $399.00M in Q1 2026.
- How has McDonald's's international operated markets — capex changed year-over-year?
- McDonald's's international operated markets — capex increased by 23.9% year-over-year, from $322.00M to $399.00M.
- What is the long-term trend for McDonald's's international operated markets — capex?
- Over 3 years (2021 to 2024), McDonald's's international operated markets — capex has grown at a 16.5% compound annual growth rate (CAGR), from $1.05B to $1.66B.
- What does international operated markets — capex mean?
- The amount of money spent on physical assets and infrastructure improvements within the international company-operated restaurant segment.