McDonald's Corporation (MCD)

Solvency & Capital Structure

Total Debt

$54.88B

Net Debt

$53.71B

McDonald's Corporation currently has $54.88B in total debt. Net debt is $53.71B after cash offsets.

Financial Fundamentals

MCD • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	54.88	1.17	53.71	60.04	91.4%
2025-12-31	54.81	0.77	54.04	59.52	92.1%
2025-09-30	55.82	2.41	53.41	60.61	92.1%
2025-06-30	55.87	1.88	53.99	59.55	93.8%
2025-03-31	52.76	1.24	51.52	56.33	93.7%
2024-12-31	51.95	1.08	50.86	55.18	94.1%
2024-09-30	53.41	1.22	52.19	56.17	95.1%
2024-06-30	52.00	0.79	51.21	53.80	96.7%
2024-03-31	50.88	0.84	50.04	53.51	95.1%
2023-12-31	53.09	4.58	48.51	56.15	94.6%
2023-09-30	49.75	3.50	46.25	52.09	95.5%
2023-06-30	48.47	1.63	46.85	50.44	96.1%
2023-03-31	49.92	3.71	46.21	52.01	96.0%
2022-12-31	48.70	2.58	46.12	50.44	96.6%
2022-09-30	47.29	2.83	44.46	48.50	97.5%
2022-06-30	47.59	1.87	45.71	49.25	96.6%
2022-03-31	47.55	2.34	45.22	50.88	93.5%
2021-12-31	49.35	4.71	44.64	53.85	91.6%
2021-09-30	48.82	4.31	44.51	52.73	92.6%
2021-06-30	49.26	3.05	46.21	51.89	94.9%
2021-03-31	49.55	3.02	46.53	51.10	97.0%
2020-12-31	51.46	3.45	48.01	52.63	97.8%
2020-09-30	51.29	3.68	47.60	50.70	101.2%
2020-06-30	51.92	3.26	48.67	49.94	104.0%
2020-03-31	52.31	5.38	46.93	50.57	103.4%
2019-12-31	47.56	0.90	46.66	47.51	100.1%
2019-09-30	45.44	1.18	44.26	45.80	99.2%
2019-06-30	45.29	1.13	44.16	46.20	98.0%
2019-03-31	45.29	2.29	43.00	46.47	97.5%
2018-12-31	31.08	0.87	30.21	32.81	94.7%
2018-09-30	31.90	2.57	29.32	34.05	93.7%
2018-06-30	30.98	1.62	29.36	32.71	94.7%
2018-03-31	30.87	2.47	28.40	33.72	91.5%
2017-12-31	29.54	2.46	27.07	33.80	87.4%
2017-09-30	28.62	2.67	25.95	32.56	87.9%
2017-06-30	28.36	2.39	25.97	32.79	86.5%
2017-03-31	27.21	2.41	24.79	32.12	84.7%
2016-12-31	25.96	1.22	24.73	31.02	83.7%
2016-09-30	26.01	2.27	23.74	32.49	80.1%
2016-06-30	26.01	3.13	22.88	33.15	78.5%
2016-03-31	23.35	3.31	20.04	33.80	69.1%
2015-12-31	24.12	7.69	16.44	37.94	63.6%
2015-09-30	17.99	2.45	15.54	32.96	54.6%
2015-06-30	17.90	4.00	13.90	34.95	51.2%
2015-03-31	14.29	1.63	12.66	32.16	44.4%
2014-12-31	14.94	2.08	12.86	34.23	43.6%
2014-09-30	15.13	3.23	11.90	36.02	42.0%
2014-06-30	15.43	3.67	11.76	37.78	40.8%
2014-03-31	13.93	2.74	11.18	36.37	38.3%
2013-12-31	14.13	2.80	11.33	36.63	38.6%
2013-09-30	13.49	2.54	10.94	35.55	37.9%
2013-06-30	13.37	2.28	11.09	34.45	38.8%
2013-03-31	12.80	1.87	10.93	34.12	37.5%
2012-12-31	13.63	2.34	11.30	35.39	38.5%
2012-09-30	13.26	2.18	11.09	33.82	39.2%
2012-06-30	13.57	2.48	11.09	33.33	40.7%
2012-03-31	12.78	2.29	10.49	33.33	38.3%
2011-12-31	12.50	2.34	10.16	32.99	37.9%
2011-09-30	12.53	2.39	10.14	32.28	38.8%
2011-06-30	12.28	2.07	10.21	32.83	37.4%
2011-03-31	12.04	1.94	10.10	32.08	37.5%
2010-12-31	11.51	2.39	9.12	31.98	36.0%
2010-09-30	11.44	2.50	8.94	31.17	36.7%
2010-06-30	10.63	1.67	8.96	28.68	37.1%
2010-03-31	10.50	2.01	8.49	29.83	35.2%
2009-12-31	10.58	1.80	8.78	30.22	35.0%
2009-09-30	11.08	2.20	8.88	30.07	36.9%
2009-06-30	11.00	2.16	8.84	29.21	37.7%
2009-03-31	10.44	1.98	8.46	27.81	37.5%
2008-12-31	10.22	2.06	8.15	28.46	35.9%
2008-09-30	9.88	1.49	8.39	28.13	35.1%
2008-06-30	11.06	2.34	8.72	30.52	36.2%
2008-03-31	11.73	2.92	8.81	30.92	37.9%
2007-12-31	9.30	1.98	7.32	29.39	31.6%
2007-09-30	7.75	2.99	4.75	29.67	26.1%
2007-06-30	8.17	2.14	6.03	28.99	28.2%
2007-03-31	8.81	2.44	6.38	29.47	29.9%
2006-12-31	8.41	2.13	6.28	28.97	29.0%
2006-09-30	9.19	4.28	4.91	30.83	29.8%
2006-06-30	9.51	3.29	6.22	29.77	31.9%
2006-03-31	9.91	3.80	6.11	29.60	33.5%
2005-12-31	10.14	4.26	5.88	29.99	33.8%
2005-09-30	8.06	2.30	5.77	27.84	29.0%
2005-06-30	8.56	1.56	7.00	26.98	31.7%
2005-03-31	8.66	1.36	7.30	27.23	31.8%
2004-12-31	9.22	1.38	7.84	27.84	33.1%
2004-09-30	8.86	1.56	7.31	26.34	33.7%
2004-06-30	9.14	0.93	8.21	25.47	35.9%
2004-03-31	9.75	0.97	8.78	25.82	37.8%
2003-12-31	9.73	0.49	9.24	25.84	37.7%
2003-09-30	9.41	0.65	8.76	25.23	37.3%
2003-06-30	9.85	0.52	9.33	25.09	39.3%
2003-03-31	10.01	0.49	9.52	24.41	41.0%
2002-12-31	9.98	0.33	9.65	23.97	41.6%
2002-09-30	9.55	0.42	9.13	23.59	40.5%
2002-06-30	9.57	0.48	9.09	23.33	41.0%
2002-03-31	8.98	0.44	8.55	22.20	40.5%
2001-12-31	8.92	0.42	8.50	22.53	39.6%
2001-09-30	8.69	0.48	8.21	22.31	38.9%
2001-06-30	8.57	0.41	8.16	21.39	40.1%
2001-03-31	8.56	0.40	8.16	21.45	39.9%
2000-12-31	8.47	0.42	8.05	21.68	39.1%
2000-09-30	7.67	0.35	7.32	20.88	36.7%
2000-06-30	7.97	0.41	7.56	21.21	37.6%
2000-03-31	7.41	0.37	7.04	20.83	35.6%
1999-12-31	7.25	0.42	6.83	20.98	34.6%
1999-09-30	7.12	0.42	6.70	20.47	34.8%
1999-06-30	6.91	0.41	6.51	19.85	34.8%
1999-03-31	7.26	0.56	6.70	19.92	36.4%
1998-12-31	7.04	0.30	6.74	19.78	35.6%
1998-09-30	7.05	0.30	6.75	19.22	36.7%
1998-06-30	6.74	0.32	6.41	18.85	35.7%
1998-03-31	6.46	0.35	6.11	18.42	35.1%
1997-12-31	6.46	0.34	6.12	18.24	35.4%
1997-09-30	6.09	0.31	5.78	17.97	33.9%
1997-06-30	5.74	0.30	5.44	17.56	32.7%
1997-03-31	5.53	0.30	5.23	17.26	32.0%
1996-12-31	5.52	0.33	5.19	17.39	31.8%
1996-09-30	5.22	0.26	4.97	16.54	31.6%
1996-06-30	5.04	0.35	4.70	16.02	31.5%