McDonald's Corporation (MCD) Financial Statements (2026 and earlier)

Company Profile

Business Address 110 NORTH CARPENTER STREET
CHICAGO, IL 60607
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 5812 - Eating Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7741,0854,5792,5844,7093,449
Cash and cash equivalent7741,0854,5792,5844,7093,449
Receivables2,4662,3832,4882,1151,8722,110
Inventory, net of allowances, customer advances and progress billings615653525651
Inventory615653525651
Other undisclosed current assets8621,075866673511633
Total current assets:4,1634,5997,9865,4247,1496,243
Noncurrent Assets
Operating lease, right-of-use asset   12,56613,55213,828
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization28,24125,29524,90823,77424,72124,958
Long-term investments and receivables2,8202,7101,0801,0651,2011,297
Long-term investments2,8202,7101,0801,0651,2011,297
Intangible asset, including goodwill, after accumulated amortization3,3543,1453,0402,9002,7832,773
Goodwill3,3543,1453,0402,9002,7832,773
Other noncurrent assets6,3316,0955,6184,7074,4503,527
Other undisclosed noncurrent assets14,60613,33813,514   
Total noncurrent assets:55,35250,58348,16045,01146,70646,384
TOTAL ASSETS:59,51555,18256,14750,43653,85452,627
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,1792,0962,5451,9041,9682,098
Interest and dividends payable✕✕✕✕393363388
Taxes payable✕✕✕✕530597968
Accounts payable1,1491,0291,1039801,007741
Accrued liabilities1,0301,0671,442   
Debt 1,5468012,192  2,244
Other undisclosed current liabilities6369642,1221,8992,0531,840
Total current liabilities:4,3613,8616,8593,8024,0206,181
Noncurrent Liabilities
Long-term debt and lease obligation42,30240,19437,15335,90448,64448,518
Long-term debt, excluding current maturities39,97338,42437,15335,90435,62335,197
Finance lease, liability 2,3291,770    
Liabilities, other than long-term debt2,8263,8073,78416,7335,7925,752
Accounts payable and accrued liabilities1393443637921,8971,971
Deferred revenue945778790758738702
Deferred income tax liabilities1,0381,9141,6811,9982,0762,026
Other liabilities7047719501,0521,0811,054
Operating lease, liability   12,13413,02113,321
Total noncurrent liabilities:45,12844,00140,93752,63754,43554,271
Total liabilities:49,48947,86247,79656,43958,45560,452
Equity
Equity, attributable to parent, including:(1,791)(3,797)(4,707)(6,003)(4,601)(7,825)
Common stock171717171717
Treasury stock, value(79,316)(77,375)(74,640)(71,624)(67,810)(67,066)
Additional paid in capital9,6419,2818,8938,5478,2327,904
Accumulated other comprehensive loss(2,414)(2,553)(2,456)(2,487)(2,574)(2,587)
Retained earnings70,28266,83463,48059,54457,53553,908
Other undisclosed equity, attributable to parent(1)(1)    
Total equity:(1,791)(3,797)(4,707)(6,003)(4,601)(7,825)
Other undisclosed liabilities and equity 11,81711,11713,058   
TOTAL LIABILITIES AND EQUITY:59,51555,18256,14750,43653,85452,627

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues26,88525,92025,49423,18323,22319,208
Cost of revenue(14,492)(14,208)(11,412)(11,319)(10,489)(9,639)
Gross profit:12,39311,71214,08211,86312,7349,569
Operating expenses   (2,435)(2,492)(2,378)(2,245)
Other operating income (expense), net(2)(139)(99)(974)483118
Other expenses(564)(339)(233)(245)(260)(267)
Other undisclosed operating income (loss)213999974(483)(118)
Operating income:12,39311,71211,6479,37110,3567,324
Nonoperating income (expense)87139236(339)(42)35
Investment income, nonoperating(1)525568537  
Interest and debt expense   (1,361)(1,207)(1,186)(1,218)
Income from continuing operations before income taxes:12,48011,85110,5227,8259,1286,141
Income tax expense(2,334)(2,121)(2,053)(1,648)(1,583)(1,410)
Income from continuing operations:10,1469,7308,4696,1777,5454,731
Income before gain (loss) on sale of properties:✕✕✕✕✕7,5454,731
Net income:10,1469,7308,4696,1777,5454,731
Other undisclosed net loss attributable to parent(1,583)(1,507)    
Net income available to common stockholders, diluted:8,5638,2238,4696,1777,5454,731

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:10,1469,7308,4696,1777,5454,731
Other comprehensive income (loss)139(96)318713(104)
Comprehensive income:10,2859,6348,4996,2657,5584,626
Other undisclosed comprehensive loss, net of tax, attributable to parent(1,583)(1,507)    
Comprehensive income, net of tax, attributable to parent:8,7028,1278,4996,2657,5584,626

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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