Other
Fair value of long-term debt
McDonald's Fair value of long-term debt decreased by 1.3% to $38.20B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $37.20B to $38.20B. Over 5 years (FY 2020 to FY 2025), Fair value of long-term debt shows a downward trend with a -2.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase relative to carrying value may indicate a decline in market interest rates or improved creditworthiness, while a decrease suggests rising rates or increased credit risk.
Detailed definition
The estimated market value of the company's long-term debt obligations if they were traded or settled in the current mar...
Peer comparison
Most large financial institutions report fair value of debt in footnotes; peer banks typically show values that fluctuate with the interest rate environment.
Metric ID:
other_long_term_debt_fair_valueHistorical Data
17 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $40.00B | $35.40B | $33.70B | $31.90B | $33.50B | $35.60B | $33.60B | $38.40B | $35.70B | $36.40B | $38.80B | $36.60B | $37.20B | $39.80B | $40.20B | $38.70B | $38.20B |
| QoQ Change | — | -11.5% | -4.8% | -5.3% | +5.0% | +6.3% | -5.6% | +14.3% | -7.0% | +2.0% | +6.6% | -5.7% | +1.6% | +7.0% | +1.0% | -3.7% | -1.3% |
| YoY Change | — | — | — | — | -16.3% | +0.6% | -0.3% | +14.6% | +0.3% | +8.3% | — | -4.7% | +4.2% | +9.3% | +3.6% | +5.7% | +2.7% |
Range$31.90B – $40.20B
CAGR-1.1%
Avg YoY Growth+2.3%
Median YoY Growth+3.1%
Current Streak2 quarters decline
Fair value of long-term debt at Other Companies
Frequently Asked Questions
- What is McDonald's's fair value of long-term debt?
- McDonald's (MCD) reported fair value of long-term debt of $38.20B in Q1 2026.
- How has McDonald's's fair value of long-term debt changed year-over-year?
- McDonald's's fair value of long-term debt increased by 2.7% year-over-year, from $37.20B to $38.20B.
- What is the long-term trend for McDonald's's fair value of long-term debt?
- Over 5 years (2020 to 2025), McDonald's's fair value of long-term debt has grown at a -2.4% compound annual growth rate (CAGR), from $43.70B to $38.70B.
- What does fair value of long-term debt mean?
- The current market price of the company's long-term debt.