What are McDonald's's total assets?

McDonald's (MCD) holds $60.0B in total assets, up 6.6% year over year.

How much debt does McDonald's have?

McDonald's carries $54.9B in total debt against -$1.3B of shareholders' equity, a debt-to-equity ratio of 6.54.

How much cash does McDonald's have?

McDonald's holds $1.2B in cash and equivalents.

Can McDonald's cover its short-term obligations?

Its current ratio is 1.14 — current assets exceed current liabilities.

Where does McDonald's's balance sheet data come from?

Every line is extracted from McDonald's's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

McDonald's MCD Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$774M-28.7%	$1.09B-76.3%	$4.58B+77.2%	$2.58B-45.1%
Short-term investments	$228M-49.4%	$451M-88.7%	$4B+122%	$1.8B+52,941,176,371%
Accounts receivable, net	$2.47B+3.5%	$2.38B-4.2%	$2.49B+17.6%	$2.12B+13.0%
Inventories	$61M+8.9%	$56M+5.7%	$53M+1.9%	$52M-6.5%
Prepaid expenses and other current assets	$863M-19.6%	$1.07B+24.0%	$866M+28.6%	$673.4M+31.7%
Total current assets	$4.16B-9.5%	$4.6B-42.4%	$7.99B+47.2%	$5.42B-24.1%
Property and equipment, net	$28.24B+11.6%	$25.3B+1.6%	$24.91B+4.8%	$23.77B-3.8%
Land	$8.17B+12.6%	$7.25B+2.4%	$7.08B+5.9%	$6.69B+3.1%
Buildings and improvements	$22.2B+8.4%	$20.49B+2.1%	$20.06B+5.9%	$18.93B+1.4%
Furniture, fixtures and equipment	$2.95B+14.2%	$2.59B-4.0%	$2.69B+7.8%	$2.5B-17.6%
Leasehold improvements	$15.51B+15.6%	$13.42B+0.7%	$13.32B+6.6%	$12.49B-6.0%
Accumulated depreciation	$21.05B+11.5%	$18.88B+1.2%	$18.66B+8.1%	$17.26B+0.4%
Goodwill	$3.35B+6.6%	$3.15B+3.5%	$3.04B+4.8%	$2.9B+4.2%
Deferred tax assets	$3.26B-8.1%	$3.54B+17.2%	$3.02B+22.0%	$2.48B+580%
Total assets	$59.52B+7.9%	$55.18B-1.7%	$56.15B+11.3%	$50.44B-6.3%
Accounts payable	$1.15B+11.7%	$1.03B-6.7%	$1.1B+12.5%	$980.2M-2.6%
Accrued compensation	$168M0.0%	$168M-12.5%	$192M+6.3%	$180.6M+17.6%
Operating lease liabilities, current	$694M+9.1%	$636M-7.6%	$688M+4.1%	$661.1M-6.3%
Finance Lease Liability, Current	$23M+109%	$11M—	——	——
Accrued interest	$533M+10.6%	$482M+2.8%	$469M+19.2%	$393.4M+8.3%
Total current liabilities	$4.36B+13.0%	$3.86B-43.7%	$6.86B+80.4%	$3.8B-5.4%
Long-term debt	$39.97B+4.0%	$38.42B+3.4%	$37.15B+3.5%	$35.9B+0.8%
Operating lease liabilities, non-current	$14.15B+9.8%	$12.89B-1.3%	$13.06B+7.6%	$12.13B-6.8%
Finance Lease Liabilities (Total)	$2.35B+32.1%	$1.78B+13.0%	$1.58B—	——
Finance lease liabilities	$2.33B+31.6%	$1.77B+12.3%	$1.58B—	——
Other non-current liabilities	$704M-8.7%	$771M-18.8%	$950M-9.7%	$1.05B-2.7%
Additional paid-in capital	$9.64B+3.9%	$9.28B+4.4%	$8.89B+4.0%	$8.55B+3.8%
Retained earnings	$70.28B+5.2%	$66.83B+5.3%	$63.48B+6.6%	$59.54B+3.5%
Accumulated other comprehensive income (loss)	-$2.41B+5.4%	-$2.55B-3.9%	-$2.46B+1.2%	-$2.49B+3.4%
Total stockholders' equity	-$1.79B+52.8%	-$3.8B+19.3%	-$4.71B+21.6%	-$6B-30.5%
Total liabilities and stockholders' equity	$59.52B+7.9%	$55.18B-1.7%	$56.15B+11.3%	$50.44B-6.3%
Total Cash, Cash Equivalents, and Restricted Cash (Inclusive)	$774M-29.6%	$1.1B-76.1%	$4.6B—	——
Certificates of Deposit	$228M-49.4%	$451M-88.7%	$4B+122%	$1.8B+52,941,176,371%
Deferred Finance Costs, Current	$157M+3.3%	$152M-5.0%	$160M+8.5%	$147.4M+2.0%
Operating Lease Income - 2022 (Lessor)	$3.05B+5.7%	$2.88B-3.4%	$2.98B+0.3%	$2.97B—
Net Assets Acquired in Business Combination	——	$70M—	——	——
Capitalized Computer Software, Net	$1.06B+17.0%	$907M+8.5%	$836M-3.2%	$864M+8.7%
Deferred Tax Assets and Other Non-Current Assets	$3.26B-8.1%	$3.54B+17.2%	$3.02B+22.0%	$2.48B+5.1%
Net Investment in Lease	$31.45B+6.3%	$29.6B-5.0%	$31.16B-1.9%	$31.78B+135%
Net Operating Loss Carryforwards	$764M+0.3%	$762M-17.6%	$924.8M+430%	$174.6M-62.4%
Capitalized software licenses	$1.06B+17.0%	$907M+8.5%	$836M-3.2%	$864M+8.7%
Fixtures And Equipment Gross	$2.95B+14.2%	$2.59B-4.0%	$2.69B+7.8%	$2.5B-17.6%
Investments	$2.82B+4.1%	$2.71B+151%	$1.08B+1.5%	$1.06B-11.4%
Operating lease right-of-use assets	$14.61B+9.5%	$13.34B-1.3%	$13.51B+7.5%	$12.57B-7.3%
Other non-current assets	$6.33B+3.9%	$6.1B+8.5%	$5.62B+19.3%	$4.71B+5.8%
Property, plant and equipment at cost	$49.29B+11.6%	$44.18B+1.4%	$43.57B+6.2%	$41.04B-2.1%
Property, Plant and Equipment, Other, Gross	$459M+5.8%	$434M+4.8%	$414M-2.9%	$426.5M-4.7%
Total Other Assets	$12.51B+4.6%	$11.95B+22.7%	$9.74B+12.3%	$8.67B+2.8%
Operating Lease Income - 2028 (Lessor)	$2.66B+4.9%	$2.53B-4.9%	$2.67B+0.5%	$2.65B—
Operating Lease Income - 2029 (Lessor)	$2.53B+5.6%	$2.39B-5.6%	$2.54B-0.4%	$2.55B—
Operating Lease Right-of-Use Assets in Other Assets	$14.61B+9.5%	$13.34B-1.3%	$13.51B+7.5%	$12.57B-7.3%
Software and Technology Licenses, Net	$1.06B+17.0%	$907M+8.5%	$836M-3.2%	$864M+8.7%
Tax Credit Carryforward Valuation Allowance	$960M+4.7%	$917M-20.3%	$1.15B+6.8%	$1.08B+0.1%
Accrued payroll and other liabilities	$1.49B+31.8%	$1.13B-21.3%	$1.43B+15.9%	$1.24B-8.1%
Accrued Income Taxes, Current	$250M-30.7%	$361M-48.8%	$705M+156%	$274.9M-23.8%
Derivative Liabilities - Fair Value	$145M+254%	$41M-65.3%	$118M-16.7%	$141.7M+1,694%
Finance Lease Liability Payment Due	$4.06B+34.9%	$3.01B+21.3%	$2.48B—	——
Finance Lease Liability - Undiscounted Excess Amount	$1.71B+38.8%	$1.23B+35.9%	$906.7M—	——
Lease Liability Payments - Due Year Five	$127M+32.3%	$96M+18.2%	$81.2M—	——
Lease Liability Payments - Remainder of Fiscal Year	$1.2B+10.4%	$1.09B-3.5%	$1.13B-3.0%	$1.16B-3.7%
Lease Liability - Undiscounted Excess Amount	$5.79B+6.4%	$5.44B-11.3%	$6.13B—	——
Expected Restructuring and Related Costs	——	——	——	——
Short-Term Debt - Weighted-Average Interest Rate	4.2%-0.4%	4.6%-0.8%	5.4%+0.2%	5.2%+2.8%
Accrued Employee Benefits (Non-Current)	$421M+1.9%	$413M+2.5%	$403M+6.1%	$380M-16.8%
Debt Maturity - 2027	$3.01B-11.3%	$3.39B+9.0%	$3.11B+25.2%	$2.49B+1.1%
Debt Maturity - Thereafter	$25.13B+11.3%	$22.57B+426%	$4.29B-81.1%	$22.7B+2.1%
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$157M+3.3%	$152M-5.0%	$160M+8.5%	$147.4M+2.0%
Net Deferred Tax Liabilities	$25M-94.3%	$437M+53.3%	$285M-52.1%	$595.4M+21.3%
Deferred Tax Liabilities - Right-of-Use Asset	$3.53B+10.0%	$3.21B-3.3%	$3.32B+9.1%	$3.05B-12.1%
Hedge Accounting Fair Value Adjustments	-$15M+62.5%	-$40M+35.5%	-$62M+32.2%	-$91.5M-2,006%
Deferred income	$945M+21.5%	$778M-1.5%	$790M+4.2%	$757.8M+2.6%
Total debt	$57.89B+7.7%	$53.73B+1.2%	$53.09B+9.0%	$48.7B-1.3%
Total Carrying Value of Debt	$40.15B+4.0%	$38.62B-2.4%	$39.57B+9.5%	$36.14B+1.1%
Unrecognized Tax Benefits - Impacting Effective Tax Rate	$402M-5.4%	$425M-27.7%	$588M+43.4%	$410M-58.6%
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	$18M+5.9%	$17M-32.0%	$25M+1.2%	$24.7M-86.5%
AOCI - Cash Flow Hedge Adjustment	$13M-89.1%	$119M—	——	——
Common Stock Shares Outstanding	$682M-11.8%	$773M-30.7%	$1.12B+7.2%	$1.04B-22.5%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$17M0.0%	$17M0.0%	$17M+2.4%	$16.6M0.0%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—
Treasury Stock, Value	$79.32B+2.5%	$77.38B+3.7%	$74.64B+4.2%	$71.62B+5.6%
Number of Exercisable Options	$638M+9,422%	$6.7M-6.9%	$7.2M-6.5%	$7.7M-1.3%
Share-Based Payment - Nonvested Awards (Number)	1.2M0.0%	1.2M0.0%	1.2M0.0%	1.2M-7.7%
Share-Based Payment Award Options Outstanding - Number	8.8M-7.4%	9.5M-9.5%	10.5M-7.9%	11.4M-5.0%
Share-Based Payment - Unrecognized Cost of Nonvested Awards	$295.22+7.2%	$275.37+15.6%	$238.21+7.1%	$222.32+12.8%
Shares Reserved for Future Issuance Under Stock Plans	27.8M-6.4%	29.7M-7.5%	32.1M-6.7%	34.4M+47.6%
Weighted Average Exercise Price of Outstanding Options	$228.19+9.3%	$208.72+10.0%	$189.78+10.2%	$172.27+10.3%
Aggregate Notional Principal Outstanding	$484M-37.1%	$770M—	——	——
AOCI - Cash Flow Hedge Reclassification (Next 12 Months)	$13M-89.1%	$119M—	——	——
Gross Assets/Liabilities	$145M+254%	$41M-65.3%	$118M-16.7%	$141.7M+1,694%
Line of Credit Interest Rate	$0.04-8.7%	$0.05-14.8%	$0.05+3.8%	$0.05+117%
Property and other taxes, including payroll	$247M—	——	——	——
Income taxes payable – long-term	$139M-59.6%	$344M-5.2%	$363M-54.2%	$791.9M-58.3%
Common stock, capital shares reserved for future issuance	$27.8M-6.4%	$29.7M-7.5%	$32.1M-6.7%	$34.4M-6.0%
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	3.5B0.0%	3.5B0.0%	3.5B0.0%	3.5B0.0%
Common stock, shares issued (in shares)	1.7B0.0%	1.7B0.0%	1.7B0.0%	1.7B0.0%
Other Contractual Commitments	$14.42B+7.3%	$13.44B-5.5%	$14.22B—	——
Contractual Obligation, to be Paid, Year Four	$1.2B+12.6%	$1.07B-2.9%	$1.1B—	——
Contractual Obligation, to be Paid, Year Two	$1.29B+13.6%	$1.14B-3.2%	$1.17B—	——
Contractual Obligation, to be Paid, Year Three	$1.24B+11.9%	$1.11B-1.7%	$1.13B—	——
Long-term debt, gross	$40.15B+4.0%	$38.62B-2.4%	$39.57B+9.5%	$36.14B+1.1%
Debt instrument, collateral amount	$79M+276%	$21M—	——	——
Deferred Tax Liabilities, Gross	$5.24B-3.1%	$5.41B-2.5%	$5.54B-1.8%	$5.64B-10.4%
Deferred income taxes	$1.04B-45.8%	$1.91B+13.9%	$1.68B-15.8%	$2B-3.8%
Deferred Tax Assets, Gross	$8.42B+5.8%	$7.95B-1.0%	$8.03B+11.6%	$7.2B-6.0%
Deferred Tax Assets, Net	$2.22B+36.2%	$1.63B+21.4%	$1.34B+180%	$479.5M+70.4%
Deferred Tax Assets, Operating Loss Carryforwards	$197M+1.0%	$195M-27.0%	$267M+249%	$76.6M-20.3%
Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration	$764M+0.3%	$762M-17.6%	$924.8M+430%	$174.6M—
Fixed assets	$488M+4.1%	$469M-26.9%	$642M-5.1%	$676.3M+4.5%
Compensation and benefits	$168M0.0%	$168M-12.5%	$192M+6.3%	$180.6M+17.6%
Deferred Tax Assets, Valuation Allowance	$960M+4.7%	$917M-20.3%	$1.15B+6.8%	$1.08B+0.1%
Federal and state intangible assets	$91M-51.3%	$187M-29.2%	$264M-11.0%	$296.7M-57.4%
Deferred Tax Liabilities, Property, Plant and Equipment	$1.59B+1.3%	$1.57B-6.1%	$1.67B-2.2%	$1.71B+3.5%
Derivative, gross, assets	$131M-60.8%	$334M+59.0%	$210M-25.7%	$282.5M-2.5%
Derivatives, gross, liabilities	$145M+254%	$41M-65.3%	$118M-16.7%	$141.7M+1,694%
Notional	$484M-37.1%	$770M—	——	——
Unrecognized compensation cost related to non-vested awards	$198M+5.9%	$187M+5.9%	$176.5M+9.6%	$161.1M+11.2%
Difference between equity method investment carrying value and book value	——	——	——	——
Current maturities of long-term debt	$23M+109%	$11M—	——	——
Finance Lease Liability Payments Due	$4.06B+34.9%	$3.01B+21.3%	$2.48B—	——
Finance Lease Liability Payments Due After Year Five	$3.44B+35.4%	$2.54B+22.1%	$2.08B—	——
2027	$120M+31.9%	$91M+16.7%	$78M—	——
Finance Lease Liability Payments Due Year Five	$127M+32.3%	$96M+18.2%	$81.2M—	——
Finance Lease Liability Payments Due Year Four	$125M+31.6%	$95M+17.9%	$80.6M—	——
Finance Lease Liability Payments Due Year Three	$124M+31.9%	$94M+17.5%	$80M—	——
Finance Lease Liability Payments Due Year Two	$123M+32.3%	$93M+17.3%	$79.3M—	——
Finance Lease Liability Undiscounted Excess Amount	$1.71B+38.8%	$1.23B+35.9%	$906.7M—	——
Fair value of long-term debt	$38.7B+5.7%	$36.6B-4.7%	$38.4B+14.6%	$33.5B-16.3%
2028	$3.2B+33.8%	$2.39B+9.1%	$2.19B-59.9%	$5.47B+116%
2029	$5.17B+70.2%	$3.04B-1.8%	$3.09B+1.1%	$3.06B-43.3%
2029	$3.01B-11.3%	$3.39B+9.0%	$3.11B+25.2%	$2.49B+1.1%
2030	$3.64B-49.6%	$7.22B+196%	$2.44B+0.7%	$2.42B-22.9%
Thereafter	$25.13B+11.3%	$22.57B+426%	$4.29B-81.1%	$22.7B+2.1%
2027	$0—	$0—	——	$0—
Number of Restaurants	45.4K+4.3%	43.5K+4.0%	41.8K+3.8%	40.3K+0.6%
Operating Loss Carryforwards	$878M+7.2%	$819M-26.4%	$1.11B+173%	$407.5M-12.2%
Preferred Stock, Par or Stated Value Per Share	$0.00—	$0.00—	$0.00—	$0.00—
Preferred Stock, Shares Authorized	165M0.0%	165M0.0%	165M0.0%	165M0.0%
Preferred Stock, Shares Issued	0—	0—	0—	0—
Restructuring Reserve	$53M0.0%	$53M-10.2%	$59M—	$0—
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value	$295.22+7.2%	$275.37+15.6%	$238.21+7.1%	$222.32+12.8%
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number	$6.3M-6.0%	$6.7M-6.9%	$7.2M-6.5%	$7.7M-1.3%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	$8.8M-7.4%	$9.5M-9.5%	$10.5M-7.9%	$11.4M-5.0%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$228.19+9.3%	$208.72+10.0%	$189.78+10.2%	$172.27+10.3%
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number	$1.2M0.0%	$1.2M0.0%	$1.2M0.0%	$1.2M-7.7%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value	$682M-11.8%	$773M-30.7%	$1.12B+7.2%	$1.04B-22.5%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$203.92+10.7%	$184.29+11.5%	$165.22+13.3%	$145.87+11.6%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value	$638M-9.6%	$706M-25.8%	$951.7M+5.3%	$904.2M-16.1%
Total assets	$59.52B—	——	——	——
Treasury stock, shares (in shares)	950M+0.5%	945.4M+0.8%	937.9M—	——
Amount that if recognized, would affect the effective tax rate or regulatory liability	$402M-5.4%	$425M-27.7%	$588M+43.4%	$410M-58.6%
Purchase Obligation	$20.63B+8.8%	$18.96B-4.6%	$19.88B—	——
Sublease Income - Thereafter	$17.47B+6.7%	$16.38B-5.5%	$17.34B-3.6%	$17.99B—
Unrecorded Unconditional Purchase Obligation - Due After Year Five	$14.42B+7.3%	$13.44B-5.5%	$14.22B—	——
Unrecorded Unconditional Purchase Obligation - Due Year Five	$1.16B+11.7%	$1.04B-2.6%	$1.06B—	——
Weighted-Average Discount Rate	4.4%+0.4%	4%+0.4%	3.6%+0.6%	3%—
Weighted-Average Discount Rate - Finance Leases	$0.04+10.0%	$0.04+11.1%	$0.04+20.0%	$0.03—

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Questions, answered.

What are McDonald's's total assets?: McDonald's (MCD) holds $60.0B in total assets, up 6.6% year over year.
How much debt does McDonald's have?: McDonald's carries $54.9B in total debt against -$1.3B of shareholders' equity, a debt-to-equity ratio of 6.54.
How much cash does McDonald's have?: McDonald's holds $1.2B in cash and equivalents.
Can McDonald's cover its short-term obligations?: Its current ratio is 1.14 — current assets exceed current liabilities.
Where does McDonald's's balance sheet data come from?: Every line is extracted from McDonald's's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.