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McDonald's MCD Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Wendy's logo
Wendy'sWEN
$582.63M-12.8%
Nathan's Famous logo
Nathan's FamousNATH
$3.26M-29.2%
EAT
Brinker InternationalEAT
$1.19B+10.9%
Starbucks logo
StarbucksSBUX
3.9%+0.3pp
Chipotle Mexican Grill logo
Chipotle Mexican GrillCMG
$4.77B
Domino's Pizza logo
Domino's PizzaDPZ
$227.79M+2.3%

Other financials

Income statement

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Revenue$7.1B+3.7%
Gross profit$6.4B+3.7%
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$822.0M-56.2%
Total debt$54.6B-2.3%
Total equity-$1.0B+62.9%
Total assets$59.9B+0.6%

Cash flow

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Operating cash flow$2.8B+40.5%
CapEx$831.0M+11.7%
Free cash flow$2.0B+57.6%

Valuation

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Market cap$196.28B-10.8%
Enterprise value$250.05B-8.7%
P/E22.3×-3.9×
P/S7.1×-1.4×

Profitability

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Gross margin89.7%
Operating margin46.2%+0.4pp
Net margin31.7%-0.5pp
FCF margin28%+1.5pp

Returns & leverage

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Return on equity45.4%
Debt / equity6.5×
Current ratio1.1×-0.2×

Where this comes from

Reported directly by McDonald's in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The source filing: McDonald's’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:52 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000063908-26-000073
In millions, except per share data(unaudited) / June 30,2026December 31,2025
Goodwill3,3473,354
Miscellaneous6,3936,331
Total other assets12,63712,505
Lease right-of-use asset, net14,45914,606
Property and equipment
Property and equipment, at cost49,94349,290
Accumulated depreciation and amortization(21,464)(21,049)
Net property and equipment28,47928,241

Item 1. Financial Statements

FAQ

What is McDonald's's operating lease ROU assets?
McDonald's (MCD) reported operating lease ROU assets of $14.46B in Q2 2026.
How has McDonald's's operating lease ROU assets changed year-over-year?
McDonald's's operating lease ROU assets increased by 1.2% year-over-year, from $14.29B to $14.46B.
What is the long-term trend for McDonald's's operating lease ROU assets?
Over 5 years (2020 to 2025), McDonald's's operating lease ROU assets has grown at a 33.6% compound annual growth rate (CAGR), from $3.43B to $14.61B.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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