What is McDonald's's lease liability - undiscounted excess amount?

McDonald's (MCD) reported lease liability - undiscounted excess amount of $5.79B in Q4 2025.

What is the long-term trend for McDonald's's lease liability - undiscounted excess amount?

Over 2 years (2023 to 2025), McDonald's's lease liability - undiscounted excess amount has grown at a -2.9% compound annual growth rate (CAGR), from $6.13B to $5.79B.

What does lease liability - undiscounted excess amount mean?

The total nominal value of all future lease payments before discounting to present value.

Discontinued — last reported Q2 '20

Current Liabilities

Lease Liability - Undiscounted Excess Amount

McDonald's Lease Liability - Undiscounted Excess Amount increased by 6.4% to $5.79B in Q4 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Lease Liability - Undiscounted Excess Amount shows relatively stable performance with a -2.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionCurrent Liabilities

CategoryLiquidity

SignalLower is better

VolatilityStable

First reportedQ4 2019

Last reportedQ2 2020

How to read this metric

An increase indicates a larger total contractual burden, which may constrain future cash flow flexibility.

Detailed definition

This is the aggregate undiscounted amount of all future lease payments, including both operating and finance leases, tha...

Peer comparison

Used by analysts to normalize lease obligations across companies with varying discount rates and lease terms.

Metric ID: lease_liability_undiscounted_excess

Historical Data

3 periods

	Q4 '23	Q4 '24	Q4 '25
Value	$6.13B	$5.44B	$5.79B
QoQ Change	—	-11.3%	+6.4%
YoY Change	—	-11.3%	+6.4%

Range$5.44B – $6.13B

Avg YoY Growth-2.5%

Median YoY Growth-2.5%

Frequently Asked Questions

What is McDonald's's lease liability - undiscounted excess amount?: McDonald's (MCD) reported lease liability - undiscounted excess amount of $5.79B in Q4 2025.
What is the long-term trend for McDonald's's lease liability - undiscounted excess amount?: Over 2 years (2023 to 2025), McDonald's's lease liability - undiscounted excess amount has grown at a -2.9% compound annual growth rate (CAGR), from $6.13B to $5.79B.
What does lease liability - undiscounted excess amount mean?: The total nominal value of all future lease payments before discounting to present value.