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McDonald's MCD Net debt / EBITDA

Net debt / EBITDA at other companies

Wendy's logo
Wendy'sWEN
7.8×+0.7×
Nathan's Famous logo
Nathan's FamousNATH
0.9×+0.1×
EAT
Brinker InternationalEAT
2.5×-2.7×
Starbucks logo
StarbucksSBUX
4.1×-0.1×
Yum! Brands logo
Yum! BrandsYUM
0.8×+0.7×
Chipotle Mexican Grill logo
Chipotle Mexican GrillCMG
2.2×+0.5×

Other financials

Income statement

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Revenue$7.1B+3.7%
Gross profit$5.8B+9.5%
Operating income$3.3B+3.3%
Net income$2.4B+4.8%
EPS (diluted)$3.32+5.7%

Balance sheet

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Cash & equivalents$1.2B-5.5%
Total debt$54.9B+4.0%
Total equity-$1.3B+62.8%
Total assets$60.0B+6.6%

Cash flow

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Operating cash flow$2.4B-0.7%
CapEx$682.0M+23.8%
Free cash flow$1.7B-7.8%

Valuation

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Market cap$192.29B-11.6%
Enterprise value$246B+0.1%
P/E21.9×-4.0×
P/S6.9×-1.4×

Profitability

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Operating margin46.2%+0.4pp
Net margin31.7%-0.5pp
FCF margin25.6%-0.4pp

Returns & leverage

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Return on equity45.4%
Debt / equity6.5×
Current ratio1.1×0.0×

Where this comes from

Calculated from McDonald's’s reported figures.

Based on the most recent quarter.

The source filing: McDonald's’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 2:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000063908-26-000051

FAQ

What is McDonald's's net debt / EBITDA?
McDonald's (MCD) reported net debt / EBITDA of 4.1× in Q1 2026.
How has McDonald's's net debt / EBITDA changed year-over-year?
McDonald's's net debt / EBITDA decreased by 4.3% year-over-year, from 4.3× to 4.1×.
What is the long-term trend for McDonald's's net debt / EBITDA?
Over 5 years (2020 to 2025), McDonald's's net debt / EBITDA has grown at a -6.7% compound annual growth rate (CAGR), from 6.3× to 4.4×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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