International Operated Markets — CapEx

Business Segments · CapEx

McDonald's International Operated Markets — CapEx remained flat by 0.0% to $512.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.3%, from $415.25M to $512.00M. Over 4 years (FY 2021 to FY 2025), International Operated Markets — CapEx shows an upward trend with a 18.2% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2025
Rolls up toCapEx

How to read this metric

An increase typically signals aggressive expansion or modernization efforts, while a decrease may indicate a shift toward capital preservation or a completed investment cycle.

Detailed definition

This metric represents the total cash outflows used by the company to acquire, upgrade, and maintain physical assets wit...

Peer comparison

Comparable to capital expenditure line items for international segments in other global restaurant or retail chains.

Metric ID: mcd_segment_international_operated_markets_capital_expenditures

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$1.05B$1.02B$1.34B$1.66B$2.05B
YoY Change-3.4%+32.0%+23.9%+23.3%
Range$1.02B$2.05B
CAGR+18.2%
Avg YoY Growth+19.0%
Median YoY Growth+23.6%
Current Streak3 years growth

Frequently Asked Questions

What is McDonald's's international operated markets — capex?
McDonald's (MCD) reported international operated markets — capex of $512.00M in Q4 2025.
How has McDonald's's international operated markets — capex changed year-over-year?
McDonald's's international operated markets — capex increased by 23.3% year-over-year, from $415.25M to $512.00M.
What is the long-term trend for McDonald's's international operated markets — capex?
Over 4 years (2021 to 2025), McDonald's's international operated markets — capex has grown at a 18.2% compound annual growth rate (CAGR), from $1.05B to $2.05B.
What does international operated markets — capex mean?
The amount of money spent on physical assets and infrastructure improvements within the international company-operated restaurant segment.

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