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McDonald's MCD Current ratio

Current ratio at other companies

Starbucks logo
StarbucksSBUX
0.9×+0.3×
Yum! Brands logo
Yum! BrandsYUM
0.7×-0.8×
Chipotle Mexican Grill logo
Chipotle Mexican GrillCMG
0.9×-0.6×
Restaurant Brands International logo
Restaurant Brands InternationalQSR
0.0×

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$201.66B-0.8%
Enterprise value$255.37B+0.1%
P/E23.2×-1.7×
P/S7.4×-0.6×

Profitability

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Gross margin86.6%
Operating margin46.3%+1.0pp
Net margin31.6%-0.1pp

Returns & leverage

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Return on equity45.4%
Debt / equity6.5×

Where this comes from

Calculated from McDonald's’s reported figures.

Based on the most recent quarter.

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 current ratio?
McDonald's (MCD) reported current ratio of 1.1× in Q1 2026.
How has McDonald's's current ratio changed year-over-year?
McDonald's's current ratio decreased by 3.9% year-over-year, from 1.2× to 1.1×.
What is the long-term trend for McDonald's's current ratio?
Over 3 years (2021 to 2025), McDonald's's current ratio has grown at a -8.3% compound annual growth rate (CAGR), from 5.8× to 4.4×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.