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McDonald's MCD Accrued Expenses

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$186.22M+18.5%

Other financials

Income statement

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Revenue$7.1B+3.7%
Gross profit$6.4B+3.7%
Operating income$3.3B+3.3%
Net income$2.4B+4.8%
EPS (diluted)$3.32+5.7%

Balance sheet

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Cash & equivalents$822.0M-56.2%
Total debt$54.6B-2.3%
Total equity-$1.0B+62.9%
Total assets$59.9B+0.6%

Cash flow

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Operating cash flow$2.8B+40.5%
CapEx$831.0M+11.7%
Free cash flow$2.0B+57.6%

Valuation

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Market cap$193.7B-10.8%
Enterprise value$247.47B-8.7%
P/E22×-3.8×
P/S-1.3×

Profitability

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Gross margin89.7%
Operating margin46.2%+0.4pp
Net margin31.7%-0.5pp
FCF margin28%+1.5pp

Returns & leverage

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Return on equity45.4%
Debt / equity6.5×
Current ratio1.1×-0.2×

Where this comes from

Reported directly by McDonald's in its filing.

Tagged under the XBRL concept mcd:AccruedExpensesAndOtherCurrentLiabilities.

The source filing: McDonald's’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:52 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000063908-26-000073
In millions, except per share data(unaudited) / June 30,2026December 31,2025
Income taxes327250
Other taxes261247
Accrued interest428533
Accrued payroll and other liabilities1,1981,488
Total current liabilities4,0184,361
Long-term debt39,86339,973
Long-term lease liability14,03914,147
Long-term income taxes176139

Item 1. Financial Statements

FAQ

What is McDonald's's accrued expenses?
McDonald's (MCD) reported accrued expenses of $1.2B in Q2 2026.
How has McDonald's's accrued expenses changed year-over-year?
McDonald's's accrued expenses decreased by 17.5% year-over-year, from $1.45B to $1.2B.
What is the long-term trend for McDonald's's accrued expenses?
Over 5 years (2020 to 2025), McDonald's's accrued expenses has grown at a 5.5% compound annual growth rate (CAGR), from $1.14B to $1.49B.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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