Non-Current Liabilities
Operating Lease Liabilities
McDonald's Operating Lease Liabilities decreased by 0.6% to $14.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.8%, from $13.18B to $14.07B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows relatively stable performance with a 1.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase reflects expansion of the leased asset base, while a decrease suggests lease expirations or a shift toward asset ownership.
Detailed definition
This represents the present value of future lease payments for assets such as real estate or equipment that are due afte...
Peer comparison
Common in retail and restaurant sectors where companies lease store locations; comparable to peers using IFRS 16 or ASC 842 standards.
Metric ID:
operating_lease_liabilities_non_currentHistorical 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 | $13.12B | $12.99B | $13.02B | $12.87B | $12.32B | $11.77B | $12.13B | $12.12B | $12.07B | $13.06B | $12.83B | $12.82B | $13.16B | $12.89B | $13.18B | $13.78B | $13.84B | $14.15B | $14.07B |
| QoQ Change | — | -1.0% | +0.3% | -1.1% | -4.3% | -4.5% | +3.1% | -0.1% | -0.4% | +8.1% | -1.8% | -0.1% | +2.6% | -2.0% | +2.2% | +4.6% | +0.4% | +2.2% | -0.6% |
| YoY Change | — | — | — | — | -6.1% | -9.4% | -6.8% | -5.8% | -2.0% | +7.6% | +5.8% | +6.2% | — | -1.3% | +2.7% | +7.5% | +5.2% | +9.8% | +6.8% |
Range$11.77B – $14.15B
CAGR+1.6%
Avg YoY Growth+1.4%
Median YoY Growth+3.9%
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is McDonald's's operating lease liabilities?
- McDonald's (MCD) reported operating lease liabilities of $14.07B in Q1 2026.
- How has McDonald's's operating lease liabilities changed year-over-year?
- McDonald's's operating lease liabilities increased by 6.8% year-over-year, from $13.18B to $14.07B.
- What is the long-term trend for McDonald's's operating lease liabilities?
- Over 5 years (2020 to 2025), McDonald's's operating lease liabilities has grown at a 1.2% compound annual growth rate (CAGR), from $13.32B to $14.15B.
- What does operating lease liabilities mean?
- The long-term financial commitment for leased assets that will be paid after the next twelve months.