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
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2023
Last reportedQ4 2025Feb 24, 2026

How to read this metric

An upward trend signals expanding physical footprint or equipment leasing, while a downward trend suggests consolidation or lease expirations.

Detailed definition

This is the aggregate undiscounted value of all future lease payments for both operating and finance leases. It serves a...

Peer comparison

Standard metric for companies with significant real estate portfolios, such as retailers, airlines, and restaurant chains.

Metric ID: lease_liability_undiscounted_excess

Historical Data

3 periods
 Q4 '23Q4 '24Q4 '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 combined total of all future operating and finance lease payments before discounting.