Other
Purchase Obligation
McDonald's Purchase Obligation increased by 8.8% to $20.63B in Q4 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Purchase Obligation shows relatively stable performance with a 1.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ4 2025Feb 24, 2026
How to read this metric
High purchase obligations ensure supply security but reduce flexibility; low obligations may increase exposure to market price volatility.
Detailed definition
This metric represents legally binding, non-cancelable agreements to purchase goods or services in the future. It provid...
Peer comparison
Standard disclosure in the contractual obligations section of annual reports for large enterprises.
Metric ID:
purchase_obligationHistorical Data
3 periods
| Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|
| Value | $19.88B | $18.96B | $20.63B |
| QoQ Change | — | -4.6% | +8.8% |
| YoY Change | — | -4.6% | +8.8% |
Range$18.96B – $20.63B
Avg YoY Growth+2.1%
Median YoY Growth+2.1%
Purchase Obligation at Other Companies
Frequently Asked Questions
- What is McDonald's's purchase obligation?
- McDonald's (MCD) reported purchase obligation of $20.63B in Q4 2025.
- What is the long-term trend for McDonald's's purchase obligation?
- Over 2 years (2023 to 2025), McDonald's's purchase obligation has grown at a 1.9% compound annual growth rate (CAGR), from $19.88B to $20.63B.
- What does purchase obligation mean?
- The total value of binding agreements to buy goods or services in the future.