Business Segments · CapEx
U.S. — CapEx
McDonald's U.S. — CapEx increased by 21.8% to $274.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.8%, from $225.00M to $274.00M. Over 3 years (FY 2021 to FY 2024), U.S. — CapEx shows an upward trend with a 3.9% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026
How to read this metric
An increase typically signals aggressive expansion or modernization efforts, while a decrease may indicate a focus on cash preservation or a shift toward a less capital-intensive operating model.
Detailed definition
This metric represents the total cash outflows used by the business segment to acquire, upgrade, and maintain physical a...
Peer comparison
Comparable to capital expenditure figures reported by other large-scale restaurant chains or retail operators with significant physical footprints.
Metric ID:
mcd_segment_u_s_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 | $235.18M | $235.18M | $235.18M | $215.00M | $215.00M | $215.00M | $215.00M | $240.63M | $240.63M | $240.63M | $240.63M | $263.75M | $263.75M | $263.75M | $263.75M | $225.00M | $274.00M |
| QoQ Change | — | +0.0% | +0.0% | -8.6% | +0.0% | +0.0% | +0.0% | +11.9% | +0.0% | +0.0% | +0.0% | +9.6% | +0.0% | +0.0% | +0.0% | -14.7% | +21.8% |
| YoY Change | — | — | — | — | -8.6% | -8.6% | -8.6% | +11.9% | +11.9% | +11.9% | +11.9% | +9.6% | +9.6% | +9.6% | +9.6% | -14.7% | +21.8% |
Range$215.00M – $274.00M
CAGR+3.9%
Avg YoY Growth+5.2%
Median YoY Growth+9.6%
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Frequently Asked Questions
- What is McDonald's's u.s. — capex?
- McDonald's (MCD) reported u.s. — capex of $274.00M in Q1 2026.
- How has McDonald's's u.s. — capex changed year-over-year?
- McDonald's's u.s. — capex increased by 21.8% year-over-year, from $225.00M to $274.00M.
- What is the long-term trend for McDonald's's u.s. — capex?
- Over 3 years (2021 to 2024), McDonald's's u.s. — capex has grown at a 3.9% compound annual growth rate (CAGR), from $940.70M to $1.06B.
- What does u.s. — capex mean?
- The total amount of money spent by the business segment on physical assets and infrastructure improvements.