McDonald's Corporation
Consumer CyclicalNYSE:MCD · New York Stock Exchange
+$0.04 today
Vol 3.97M · Avg 3.73M
Balance Sheet
Inspect the capital base behind the business
Review assets, liabilities, equity, cash, and debt to judge whether the company has the financial position to support future returns.
Balance Sheet
Assets, liabilities & equity
| Cash & Equivalents | $1.2B |
| Receivables | $2.4B |
| Inventory | $61.0M |
| Other Current | $1.0B |
| Total Current Assets | $4.7B |
| PP&E (Net) | $42.8B |
| Goodwill | $3.3B |
| Long-term Investments | $2.9B |
| Other Non-current | $6.4B |
| Total Non-current Assets | $55.3B |
| Total Assets | $60.0B |
Analysis
Selected assets total $60.0B for Latest. The largest visible component is PP&E (Net) at $42.8B, about 71.2% of the tab total. Use the mix to judge balance sheet concentration, liquidity, leverage, and how much of book value is supported by tangible operating assets.
Balance Sheet
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $774.0M -28.7% | $1.1B -76.3% | $4.6B +77.2% | $2.6B -45.1% | $4.7B | $1.0B | $841.8M | $673.8M |
| Short-term Investments | $0 | $0 | $0 | $0 | $0 | -$1.6B | $445.6M | $378.4M |
| Net Receivables | $2.5B +3.5% | $2.4B -4.2% | $2.5B +17.6% | $2.1B +13.0% | $1.9B | $533.8M | $399.4M | -$1.7B |
| Inventory | $61.0M +8.9% | $56.0M +5.7% | $53.0M +1.9% | $52.0M -6.5% | $55.6M | $641.6M | $328.0M | $316.8M |
| Other Current Assets | $862.0M -19.8% | $1.1B +24.1% | $866.0M +28.6% | $673.4M | $0 | $1.5B | $966.4M | $764.8M |
| Total Current Assets | $4.2B -9.5% | $4.6B -42.4% | $8.0B +47.2% | $5.4B -24.1% | $7.1B | $12.5B | $10.5B | $5.5B |
| Property, Plant & Equipment (Net) | $42.8B +10.9% | $38.6B +0.6% | $38.4B +5.7% | $36.3B -5.1% | $38.3B | $1.2B | $1.5B | $687.8M |
| Goodwill | $3.4B +6.6% | $3.1B +3.5% | $3.0B +4.8% | $2.9B +4.2% | $2.8B | $925.8M | $466.6M | $309.8M |
| Intangible Assets | $1.1B | $0 | $0 | $0 | $0 | $568.8M | $860.0M | $1.5B |
| Long-term Investments | $2.9B +8.8% | $2.7B +150.9% | $1.1B +1.5% | $1.1B -11.4% | $1.2B | $524.0M | -$1.5B | $860.0M |
| Tax Assets | $3.3B | $0 | $0 | $0 | $0 | $1.5B | $1.4B | $1.4B |
| Other Non-current Assets | $1.9B -69.1% | $6.1B +8.5% | $5.6B +19.3% | $4.7B +5.8% | $4.4B | $1.4B | $1.0B | $679.4M |
| Total Non-current Assets | $55.4B +9.4% | $50.6B +5.0% | $48.2B +7.0% | $45.0B -3.6% | $46.7B | -$15.3B | $14.8B | $11.3B |
| Total Assets | $59.5B +7.9% | $55.2B -1.7% | $56.1B +11.3% | $50.4B -6.3% | $53.9B | $13.3B | $11.9B | $10.6B |
| Account Payables | $1.1B +11.7% | $1.0B -6.7% | $1.1B +12.5% | $980.2M -2.6% | $1.0B | $1.3B | -$1.5B | $1.4B |
| Short-term Debt | $0 | $0 -100.0% | $2.2B | $0 | $0 | -$1.6B | -$1.6B | $326.6M |
| Tax Payables | $0 -100.0% | $585.0M -39.9% | $973.1M +83.6% | $530.0M -11.3% | $597.4M | $574.4M | -$1.5B | $1.4B |
| Deferred Revenue | $0 | $0 | $0 | $0 | $0 | -$1.6B | $374.2M | $542.2M |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $1.1B | $1.5B | $493.2M |
| Total Current Liabilities | $4.4B +13.0% | $3.9B -43.7% | $6.9B +80.4% | $3.8B -5.4% | $4.0B | $6.0B | $10.1B | $14.3B |
| Long-term Debt | $40.0B +4.0% | $38.4B +3.4% | $37.2B +3.5% | $35.9B +0.8% | $35.6B | $1.3B | $438.6M | $1.3B |
| Deferred Tax Liabilities | $1.0B -45.8% | $1.9B +13.9% | $1.7B -15.8% | $2.0B -3.8% | $2.1B | $746.6M | $612.2M | $477.8M |
| Deferred Revenue (Non-current) | $945.0M +21.5% | $778.0M -1.5% | $790.0M +4.2% | $757.8M +2.6% | $738.3M | -$1.6B | $715.8M | $1.3B |
| Other Non-current Liabilities | $842.0M -24.4% | $1.1B -15.2% | $1.3B -28.8% | $1.8B -38.1% | $3.0B | $489.0M | $1.1B | -$1.5B |
| Total Non-current Liabilities | $56.9B +3.3% | $55.1B +2.1% | $54.0B +2.6% | $52.6B -3.3% | $54.4B | $3.9B | $7.5B | $14.1B |
| Total Liabilities | $61.3B +3.9% | $59.0B -3.1% | $60.9B +7.8% | $56.4B -3.4% | $58.5B | $14.7B | $3.7B | $9.6B |
| Common Stock | $17.0M +0.0% | $17.0M +0.0% | $17.0M +2.4% | $16.6M +0.0% | $16.6M | $651.4M | $517.0M | $382.6M |
| Retained Earnings | $70.3B +5.2% | $66.8B +5.3% | $63.5B +6.6% | $59.5B +3.5% | $57.5B | -$1.6B | $519.8M | $1.1B |
| Accumulated OCI | -$2.4B +5.4% | -$2.6B -3.9% | -$2.5B +1.2% | -$2.5B +3.4% | -$2.6B | $393.8M | $550.6M | $707.4M |
| Other Stockholders Equity | $0 | $0 | $0 | $0 | $0 | $351.8M | -$1.6B | $1.5B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $1.4B | $337.8M | $931.4M |
| Total Equity | -$1.8B +52.8% | -$3.8B +19.3% | -$4.7B +21.6% | -$6.0B -30.5% | -$4.6B | $9.1B | $7.7B | $3.3B |
| Total Debt | $54.8B +5.5% | $51.9B -2.2% | $53.1B +9.0% | $48.7B -1.3% | $49.3B | $724.2M | $410.6M | $399.4M |
| Net Debt | $54.0B +6.2% | $50.9B +4.8% | $48.5B +5.2% | $46.1B +3.3% | $44.6B | $389.6M | $501.6M | $311.2M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Starbucks Corporation
NASDAQ:SBUX
$117.43B
Yum! Brands, Inc.
NYSE:YUM
$42.53B
Chipotle Mexican Grill, Inc.
NYSE:CMG
$41.34B
Restaurant Brands International Inc.
NYSE:QSR
$25.97B
Darden Restaurants, Inc.
NYSE:DRI
$24.22B
Yum China Holdings, Inc.
NYSE:YUMC
$15.58B
Domino's Pizza, Inc.
NASDAQ:DPZ
$10.77B
Dutch Bros Inc.
NYSE:BROS
$8.36B
Wingstop Inc.
NASDAQ:WING
$4.42B
Shake Shack Inc.
NYSE:SHAK
$2.35B
The Wendy's Company
NASDAQ:WEN
$1.29B
Papa John's International, Inc.
NASDAQ:PZZA
$1.07B
Jack in the Box Inc.
NASDAQ:JACK
$255.01M
SEC Filings
Recent regulatory filings
No filings found.
How much cash does MCD have?
McDonald's Corporation (MCD) reported $774.00M in cash and equivalents in fiscal 2025.
How much debt does MCD carry?
McDonald's Corporation (MCD) reported $54.81B of total debt, with net debt of $54.04B.
Explore More
Continue the stock analysis
Jump to another research area for this company.