What is McDonald's's PP&E (net)?

McDonald's (MCD) reported PP&E (net) of $28.25B in Q1 2026.

How has McDonald's's PP&E (net) changed year-over-year?

McDonald's's PP&E (net) increased by 9.7% year-over-year, from $25.75B to $28.25B.

What is the long-term trend for McDonald's's PP&E (net)?

Over 5 years (2020 to 2025), McDonald's's PP&E (net) has grown at a 2.5% compound annual growth rate (CAGR), from $24.96B to $28.24B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

McDonald's MCD PP&E (Net)

PP&E (Net) at other companies

EAT

Brinker InternationalEAT

$966.4M+2.9%

StarbucksSBUX

$7.19B-18.5%

Yum! BrandsYUM

$1.62B+21.2%

Chipotle Mexican GrillCMG

$2.77B+13.6%

Domino's PizzaDPZ

$386.73M+31.1%

Restaurant Brands InternationalQSR

$2.26B+2.0%

Other financials

Income statement

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Revenue$6.5B+9.4%

Gross profit$5.8B+9.5%

Operating income$3.0B+11.5%

Net income$2.0B+6.2%

EPS (diluted)$2.78+6.9%

Balance sheet

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Cash & equivalents$1.2B-5.5%

Total debt$54.9B+4.0%

Total equity-$1.3B+62.8%

Total assets$60.0B+6.6%

Cash flow

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Operating cash flow$2.4B-0.7%

CapEx$682.0M+23.8%

Free cash flow$1.7B-7.8%

Valuation

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Market cap$197.95B-0.8%

Enterprise value$251.67B+0.1%

P/E22.8×-1.6×

P/S7.2×-0.6×

Profitability

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Gross margin86.6%—

Operating margin46.3%+1.0pp

Net margin31.6%-0.1pp

FCF margin25.6%-0.4pp

Returns & leverage

See full

Return on equity45.4%—

Debt / equity6.5×—

Current ratio1.1×0.0×

Where this comes from

Reported directly by McDonald's in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: McDonald's’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McDonald's's PP&E (net)?: McDonald's (MCD) reported PP&E (net) of $28.25B in Q1 2026.
How has McDonald's's PP&E (net) changed year-over-year?: McDonald's's PP&E (net) increased by 9.7% year-over-year, from $25.75B to $28.25B.
What is the long-term trend for McDonald's's PP&E (net)?: Over 5 years (2020 to 2025), McDonald's's PP&E (net) has grown at a 2.5% compound annual growth rate (CAGR), from $24.96B to $28.24B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.