McDonald's

MCD · NYSE · USD

$232.47+0.27%+$0.64

Close · October 2, 2026

At a glance

Revenue growth: +3.72%; 2025 vs 2024
Net income growth: +4.13%; 2025 vs 2024
Net margin: 31.9%; 2024: 31.7%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	59,515	55,182	56,147	50,436	53,854	52,627	47,511	32,811	33,804	31,024
Current assets	4,163	4,599	7,986	5,424	7,149	6,243	3,558	4,053	5,327	4,849
Cash and equivalents	774	1,085	4,579	2,584	4,709	3,449	899	866	2,464	1,223
Receivables	2,466	2,383	2,488	2,115	2,204	2,435	2,363	2,454	2,007	1,474
Inventory	61.0	56.0	53.0	52.0	55.6	51.1	50.2	51.1	58.8	58.9
Net property, plant and equipment	42,847	38,634	38,422	36,339	38,273	38,786	37,421	22,843	22,448	21,258
Goodwill	3,354	3,145	3,040	2,900	2,783	2,773	2,677	2,332	2,380	2,337
Other intangible assets	1,061	907	836	864	795	691	665	—	—	—
Long-term investments	2,820	2,710	1,080	1,065	1,210	1,333	1,282	1,203	1,086	728
Current liabilities	4,361	3,861	6,859	3,802	4,020	6,181	3,621	2,974	2,891	3,468
Accounts payable	1,149	1,029	1,103	980	1,007	741	988	1,208	925	756
Long-term debt	39,989	38,458	37,211	35,995	35,627	35,197	34,118	31,087	29,542	25,880
Total debt	54,830	51,988	53,153	48,791	49,353	51,463	47,556	31,087	29,543	25,957
Total liabilities	61,306	58,979	60,854	56,439	58,455	60,452	55,721	39,070	37,072	33,228
Total equity (incl. minority)	-1,791	-3,797	-4,707	-6,003	-4,601	-7,825	-8,210	-6,258	-3,268	-2,204
Retained earnings	70,282	66,834	63,480	59,544	57,535	53,908	52,931	50,487	48,326	46,223