What is the long-term trend for McDonald's's total cash, cash equivalents, and restricted cash (inclusive)?

Over 2 years (2023 to 2025), McDonald's's total cash, cash equivalents, and restricted cash (inclusive) has grown at a -59.0% compound annual growth rate (CAGR), from $4.6B to $774M.

Current Assets

Total Cash, Cash Equivalents, and Restricted Cash (Inclusive)

McDonald's Total Cash, Cash Equivalents, and Restricted Cash (Inclusive) decreased by 29.6% to $774M in Q4 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Total Cash, Cash Equivalents, and Restricted Cash (Inclusive) shows a downward trend with a -59.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionCurrent Assets

CategoryLiquidity

SignalHigher is better

VolatilityModerate

First reportedQ4 2023

Last reportedQ4 2025Feb 24, 2026

How to read this metric

An increase indicates improved liquidity and financial cushion, while a decrease may signal cash burn or aggressive capital allocation.

Detailed definition

This represents the total liquidity available to the firm, including cash on hand, bank deposits, and highly liquid shor...

Peer comparison

Standard liquidity metric reported by all public companies on the balance sheet.

Metric ID: cash_and_equivalents_total_inclusive

Historical Data

3 periods

	Q4 '23	Q4 '24	Q4 '25
Value	$4.6B	$1.1B	$774M
QoQ Change	—	-76.1%	-29.6%
YoY Change	—	-76.1%	-29.6%

Range$774M – $4.6B

Avg YoY Growth-52.9%

Median YoY Growth-52.9%

Current Streak2+ quarters decline

Total Cash, Cash Equivalents, and Restricted Cash (Inclusive) at Other Companies

Restaurant Brands InternationalQSR View metric

Frequently Asked Questions

What is McDonald's's total cash, cash equivalents, and restricted cash (inclusive)?: McDonald's (MCD) reported total cash, cash equivalents, and restricted cash (inclusive) of $774M in Q4 2025.
What is the long-term trend for McDonald's's total cash, cash equivalents, and restricted cash (inclusive)?: Over 2 years (2023 to 2025), McDonald's's total cash, cash equivalents, and restricted cash (inclusive) has grown at a -59.0% compound annual growth rate (CAGR), from $4.6B to $774M.
What does total cash, cash equivalents, and restricted cash (inclusive) mean?: The total amount of cash and highly liquid assets the company holds, including restricted funds.