Non-Current Assets
PP&E (Net)
McDonald's PP&E (Net) increased by 0.0% to $28.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.7%, from $25.75B to $28.25B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 2.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.
Detailed definition
This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...
Peer comparison
Standard line item for all manufacturing and industrial companies; directly comparable across peers.
Metric ID:
property_plant_equipment_netHistorical 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 | $24.62B | $24.43B | $24.72B | $24.43B | $23.33B | $22.70B | $23.77B | $23.86B | $24.10B | $24.91B | $24.68B | $24.81B | $25.78B | $25.30B | $25.75B | $27.04B | $27.49B | $28.24B | $28.25B |
| QoQ Change | — | -0.8% | +1.2% | -1.2% | -4.5% | -2.7% | +4.7% | +0.4% | +1.0% | +3.3% | -0.9% | +0.5% | +3.9% | -1.9% | +1.8% | +5.0% | +1.7% | +2.7% | +0.0% |
| YoY Change | — | — | — | — | -5.2% | -7.1% | -3.8% | -2.4% | +3.3% | +4.8% | +3.5% | +2.9% | — | +1.6% | +4.3% | +9.0% | +6.6% | +11.6% | +9.7% |
Range$22.70B – $28.25B
CAGR+3.1%
Avg YoY Growth+2.8%
Median YoY Growth+3.4%
Current Streak5 quarters growth
Business Segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 |
|---|---|---|---|---|
| U.S. | $19.60B | $19.42B | $19.90B | $20.20B |
| Total | $24.72B | $23.77B | $24.91B | $25.30B |
U.S. was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is McDonald's's pp&e (net)?
- McDonald's (MCD) reported pp&e (net) of $28.25B in Q1 2026.
- How has McDonald's's pp&e (net) changed year-over-year?
- McDonald's's pp&e (net) increased by 9.7% year-over-year, from $25.75B to $28.25B.
- What is the long-term trend for McDonald's's pp&e (net)?
- Over 5 years (2020 to 2025), McDonald's's pp&e (net) has grown at a 2.5% compound annual growth rate (CAGR), from $24.96B to $28.24B.
- What does pp&e (net) mean?
- The current book value of physical assets after accounting for wear and tear.