Non-Current Liabilities
Finance Lease Liabilities
McDonald's Finance Lease Liabilities increased by 31.6% to $2.33B in Q4 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Finance Lease Liabilities shows an upward trend with a 21.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2023
Last reportedQ4 2025Feb 24, 2026
How to read this metric
An increase suggests higher long-term debt obligations and capital intensity, while a decrease indicates debt repayment or reduced reliance on finance leasing.
Detailed definition
This represents the present value of future lease payments for assets where the company effectively assumes the risks an...
Peer comparison
Common in capital-intensive industries like retail and restaurant franchising; peers typically report this under long-term debt obligations.
Metric ID:
finance_lease_liabilitiesHistorical Data
3 periods
| Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|
| Value | $1.58B | $1.77B | $2.33B |
| QoQ Change | — | +12.3% | +31.6% |
| YoY Change | — | +12.3% | +31.6% |
Range$1.58B – $2.33B
Avg YoY Growth+22.0%
Median YoY Growth+22.0%
Current Streak2+ quarters growth
Finance Lease Liabilities at Other Companies
Frequently Asked Questions
- What is McDonald's's finance lease liabilities?
- McDonald's (MCD) reported finance lease liabilities of $2.33B in Q4 2025.
- What is the long-term trend for McDonald's's finance lease liabilities?
- Over 2 years (2023 to 2025), McDonald's's finance lease liabilities has grown at a 21.6% compound annual growth rate (CAGR), from $1.58B to $2.33B.
- What does finance lease liabilities mean?
- The total long-term debt obligation resulting from finance or capital lease agreements.