What is McDonald's's hedge accounting fair value adjustments?

McDonald's (MCD) reported hedge accounting fair value adjustments of -$15M in Q4 2025.

How has McDonald's's hedge accounting fair value adjustments changed year-over-year?

McDonald's's hedge accounting fair value adjustments increased by 62.5% year-over-year, from -$40M to -$15M.

What is the long-term trend for McDonald's's hedge accounting fair value adjustments?

Over 4 years (2021 to 2025), McDonald's's hedge accounting fair value adjustments has grown at a 33.0% compound annual growth rate (CAGR), from $4.8M to -$15M.

What does hedge accounting fair value adjustments mean?

Accounting adjustments to balance sheet items resulting from the use of financial hedges.

Non-Current Liabilities

Hedge Accounting Fair Value Adjustments

McDonald's Hedge Accounting Fair Value Adjustments increased by 62.5% to -$15M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 62.5%, from -$40M to -$15M. Over 4 years (FY 2021 to FY 2025), Hedge Accounting Fair Value Adjustments shows a downward trend with a 33.0% CAGR.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryRisk

SignalContext dependent

VolatilityModerate

First reportedQ4 2021

Last reportedQ4 2025Feb 24, 2026

How to read this metric

Changes reflect the effectiveness and market value of the company's hedging program against interest rate, currency, or commodity risks.

Detailed definition

These are accounting adjustments made to the balance sheet to reflect the fair value of derivatives designated as hedgin...

Peer comparison

Common in multinational corporations managing significant foreign exchange or interest rate exposures.

Metric ID: hedge_accounting_fair_value_adjustments

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$4.8M	-$91.5M	-$62M	-$40M	-$15M
QoQ Change	—	<-999%	+32.2%	+35.5%	+62.5%
YoY Change	—	<-999%	+32.2%	+35.5%	+62.5%

Range-$91.5M – $4.8M

CAGR+212.5%

Avg YoY Growth-469.0%

Median YoY Growth+33.9%

Current Streak3 quarters growth

Hedge Accounting Fair Value Adjustments at Other Companies

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Frequently Asked Questions

What is McDonald's's hedge accounting fair value adjustments?: McDonald's (MCD) reported hedge accounting fair value adjustments of -$15M in Q4 2025.
How has McDonald's's hedge accounting fair value adjustments changed year-over-year?: McDonald's's hedge accounting fair value adjustments increased by 62.5% year-over-year, from -$40M to -$15M.
What is the long-term trend for McDonald's's hedge accounting fair value adjustments?: Over 4 years (2021 to 2025), McDonald's's hedge accounting fair value adjustments has grown at a 33.0% compound annual growth rate (CAGR), from $4.8M to -$15M.
What does hedge accounting fair value adjustments mean?: Accounting adjustments to balance sheet items resulting from the use of financial hedges.