Discontinued — last reported Q3 '25
Operating Lease Liabilities (Current)
McDonald's Operating Lease Liabilities (Current) decreased by 0.6% to $694.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $636.00M to $694.00M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows relatively stable performance with a -0.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests an expanding physical footprint or upcoming renewals, while a decrease may indicate store closures or a shift toward asset ownership.
Detailed definition
The portion of operating lease payments due within the next twelve months, representing the short-term obligation for re...
Peer comparison
Retail-heavy tech companies often show higher current lease liabilities compared to pure software firms due to physical storefront presence.
operating_lease_liabilities_currentHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $720.40M | $701.50M | $13.73B | $691.90M | $689.60M | $654.90M | $12.80B | $668.70M | $687.20M | $12.17B | $685.00M | $655.00M | $668.00M | $636.00M | $663.00M | $686.00M | $698.00M | $694.00M |
| QoQ Change | — | -2.6% | >999% | -95.0% | -0.3% | -5.0% | >999% | -94.8% | +2.8% | >999% | -94.4% | -4.4% | +2.0% | -4.8% | +4.2% | +3.5% | +1.7% | -0.6% |
| YoY Change | — | — | — | — | -4.3% | -6.6% | -6.8% | -3.4% | -0.3% | -4.9% | +2.4% | -4.7% | — | -94.8% | -3.2% | +4.7% | +4.5% | +9.1% |
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is McDonald's's operating lease liabilities (current)?
- McDonald's (MCD) reported operating lease liabilities (current) of $694.00M in Q4 2025.
- How has McDonald's's operating lease liabilities (current) changed year-over-year?
- McDonald's's operating lease liabilities (current) increased by 9.1% year-over-year, from $636.00M to $694.00M.
- What is the long-term trend for McDonald's's operating lease liabilities (current)?
- Over 5 years (2020 to 2025), McDonald's's operating lease liabilities (current) has grown at a -0.2% compound annual growth rate (CAGR), from $701.50M to $694.00M.
- What does operating lease liabilities (current) mean?
- The amount of rent and lease payments the company must pay in the next year.