What is McDonald's's federal and state intangible assets?

McDonald's (MCD) reported federal and state intangible assets of $91.00M in Q4 2025.

How has McDonald's's federal and state intangible assets changed year-over-year?

McDonald's's federal and state intangible assets decreased by 51.3% year-over-year, from $187.00M to $91.00M.

What is the long-term trend for McDonald's's federal and state intangible assets?

Over 5 years (2020 to 2025), McDonald's's federal and state intangible assets has grown at a -38.6% compound annual growth rate (CAGR), from $1.05B to $91.00M.

What does federal and state intangible assets mean?

The future tax liability created by the difference between the book value and tax basis of intangible assets and goodwill.

Other

Federal and state intangible assets

McDonald's Federal and state intangible assets decreased by 51.3% to $91.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 51.3%, from $187.00M to $91.00M. Over 5 years (FY 2020 to FY 2025), Federal and state intangible assets shows a downward trend with a -38.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryRisk

SignalLower is better

VolatilityStable

First reportedQ4 2015

Last reportedQ4 2025Feb 24, 2026

How to read this metric

An increase typically follows acquisitions where the book value of intangibles exceeds the tax basis, signaling potential future tax outflows.

Detailed definition

This metric captures the deferred tax liabilities associated with the carrying value of goodwill and other intangible as...

Peer comparison

Varies significantly based on M&A history; companies with aggressive acquisition strategies typically report higher balances.

Metric ID: other_deferred_tax_liabilities_goodwill_and_intangible_a_f0831f

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$696.00M	$296.70M	$264.00M	$187.00M	$91.00M
QoQ Change	—	-57.4%	-11.0%	-29.2%	-51.3%
YoY Change	—	-57.4%	-11.0%	-29.2%	-51.3%

Range$91.00M – $696.00M

CAGR-86.9%

Avg YoY Growth-37.2%

Median YoY Growth-40.3%

Current Streak4+ quarters decline

Federal and state intangible assets at Other Companies

State StreetSTT View metric

3MMMM View metric

State StreetSTT View metric

Carrier GlobalCARR View metric

Phillips 66PSX View metric

PNC Financial ServicesPNC View metric

Frequently Asked Questions

What is McDonald's's federal and state intangible assets?: McDonald's (MCD) reported federal and state intangible assets of $91.00M in Q4 2025.
How has McDonald's's federal and state intangible assets changed year-over-year?: McDonald's's federal and state intangible assets decreased by 51.3% year-over-year, from $187.00M to $91.00M.
What is the long-term trend for McDonald's's federal and state intangible assets?: Over 5 years (2020 to 2025), McDonald's's federal and state intangible assets has grown at a -38.6% compound annual growth rate (CAGR), from $1.05B to $91.00M.
What does federal and state intangible assets mean?: The future tax liability created by the difference between the book value and tax basis of intangible assets and goodwill.