McDonald's

MCD · NYSE · USD

$231.89+0.03%+$0.06

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 · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	59,920	60,037	59,515	60,608	59,555	56,329	55,182	56,172	53,801	53,513	56,147	52,089
Current assets	4,345	4,709	4,163	6,079	5,601	4,735	4,599	4,912	4,205	4,057	7,986	6,850
Cash and equivalents	822	1,170	774	2,413	1,876	1,238	1,085	1,221	792	838	4,579	3,496
Receivables	2,485	2,432	2,466	2,579	2,550	2,387	2,383	2,460	2,404	2,238	2,488	2,247
Inventory	58.0	61.0	61.0	55.0	55.0	51.0	56.0	54.0	46.0	46.0	53.0	47.6
Net property, plant and equipment	42,938	42,758	42,847	41,771	41,325	39,391	38,634	39,407	38,045	37,959	38,422	36,174
Goodwill	3,347	3,349	3,354	3,306	3,308	3,186	3,145	3,220	3,048	3,028	3,040	2,965
Other intangible assets	—	—	1,061	—	—	—	907	—	—	—	836	—
Long-term investments	2,896	2,865	2,820	2,864	2,827	2,751	2,710	2,960	2,876	2,883	1,080	1,038
Current liabilities	4,018	4,146	4,361	6,079	4,298	4,008	3,861	6,308	3,910	4,886	6,859	4,003
Accounts payable	1,114	1,091	1,149	972	838	882	1,029	944	949	936	1,103	862
Long-term debt	39,863	40,119	39,989	39,502	40,823	38,872	38,458	39,029	38,582	36,826	37,211	37,355
Total debt	54,604	54,895	54,830	54,038	55,290	52,715	51,988	53,450	52,057	50,945	—	—
Total liabilities	60,943	61,323	61,306	62,771	62,315	59,783	58,979	61,349	58,625	58,346	60,854	56,944
Total equity (incl. minority)	-1,023	-1,286	-1,791	-2,163	-2,760	-3,454	-3,797	-5,177	-4,824	-4,833	-4,707	-4,855
Retained earnings	71,987	70,942	70,282	69,440	68,424	67,436	66,834	64,819	65,026	64,203	63,480	62,649