Non-Current Liabilities
Long-Term Debt
McDonald's Long-Term Debt increased by 0.3% to $40.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $38.85B to $40.11B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows an upward trend with a 2.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026
How to read this metric
Higher levels increase financial leverage and interest expense, while lower levels reduce insolvency risk but may indicate under-utilization of cheap capital.
Detailed definition
This encompasses all interest-bearing financial obligations with maturity dates extending beyond one year. It reflects t...
Peer comparison
Highly dependent on industry capital intensity; franchise-heavy models like McDonald's often carry significant debt to fund real estate acquisitions.
Metric ID:
long_term_debtHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $34.92B | $34.63B | $35.62B | $33.99B | $34.58B | $34.87B | $35.9B | $36.6B | $35.71B | $37.15B | $36.76B | $38.52B | $38.99B | $38.42B | $38.85B | $40.8B | $39.48B | $39.97B | $40.11B |
| QoQ Change | — | -0.8% | +2.9% | -4.6% | +1.7% | +0.8% | +3.0% | +2.0% | -2.4% | +4.0% | -1.0% | +4.8% | +1.2% | -1.5% | +1.1% | +5.0% | -3.2% | +1.2% | +0.3% |
| YoY Change | — | — | — | — | -1.0% | +0.7% | +0.8% | +7.7% | +3.3% | +3.5% | +0.4% | +7.9% | — | +3.4% | +5.7% | +5.9% | +1.3% | +4.0% | +3.2% |
Range$33.99B – $40.8B
CAGR+3.1%
Avg YoY Growth+3.3%
Median YoY Growth+3.3%
Current Streak2 quarters growth
Long-Term Debt at Other Companies
Frequently Asked Questions
- What is McDonald's's long-term debt?
- McDonald's (MCD) reported long-term debt of $40.11B in Q1 2026.
- How has McDonald's's long-term debt changed year-over-year?
- McDonald's's long-term debt increased by 3.2% year-over-year, from $38.85B to $40.11B.
- What is the long-term trend for McDonald's's long-term debt?
- Over 5 years (2020 to 2025), McDonald's's long-term debt has grown at a 2.6% compound annual growth rate (CAGR), from $35.2B to $39.97B.
- What does long-term debt mean?
- The portion of a company's debt that is not due for repayment within the next year.