McDonalds Corp (MCD) stock
MCDNYSERetail-Eating PlacesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 16/30100% below fair value
$273.63−1.17 (-0.43%)
Close on Nov 12, 2026Market cap $193.63BP/E –Yield 2.62%
McDonalds total debt
Total debt is short-term plus long-term borrowings on the balance sheet at the end of each period.
McDonalds's total debt was $39.82B at Sep 30, 2026. For fiscal 2025 it was $41.50B, up 8.0% from the year before. Over ten years it grew 5.6% a year on average. The highest annual figure on record is $41.50B in fiscal 2025.
Annual total debt
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $41.50B | +8.0% |
| FY2024 | Dec 31, 2024 | $38.42B | -2.3% |
| FY2023 | Dec 31, 2023 | $39.35B | +9.6% |
| FY2022 | Dec 31, 2022 | $35.90B | +0.8% |
| FY2021 | Dec 31, 2021 | $35.62B | -4.9% |
| FY2020 | Dec 31, 2020 | $37.44B | +9.5% |
| FY2019 | Dec 31, 2019 | $34.18B | +10.0% |
| FY2018 | Dec 31, 2018 | $31.08B | +5.2% |
| FY2017 | Dec 31, 2017 | $29.54B | +13.8% |
| FY2016 | Dec 31, 2016 | $25.96B | +7.6% |
| FY2015 | Dec 31, 2015 | $24.12B | +61.5% |
| FY2014 | Dec 31, 2014 | $14.94B | +5.7% |
| FY2013 | Dec 31, 2013 | $14.13B | +3.6% |
| FY2012 | Dec 31, 2012 | $13.63B | +9.1% |
| FY2011 | Dec 31, 2011 | $12.50B | +8.6% |
| FY2010 | Dec 31, 2010 | $11.51B | +8.8% |
| FY2009 | Dec 31, 2009 | $10.58B | +3.5% |
| FY2008 | Dec 31, 2008 | $10.22B | – |
Quarterly total debt
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $39.82B | -3.5% |
| Q2 FY2026 | Jun 30, 2026 | $39.86B | -3.7% |
| Q1 FY2026 | Mar 31, 2026 | $40.11B | +3.0% |
| Q4 FY2025 | Dec 31, 2025 | $41.50B | +8.0% |
| Q3 FY2025 | Sep 30, 2025 | $41.28B | +4.3% |
| Q2 FY2025 | Jun 30, 2025 | $41.40B | +7.5% |
| Q1 FY2025 | Mar 31, 2025 | $38.93B | +4.2% |
| Q4 FY2024 | Dec 31, 2024 | $38.42B | -2.3% |
| Q3 FY2024 | Sep 30, 2024 | $39.59B | +6.2% |
| Q2 FY2024 | Jun 30, 2024 | $38.52B | +7.9% |
| Q1 FY2024 | Mar 31, 2024 | $37.37B | +0.6% |
| Q4 FY2023 | Dec 31, 2023 | $39.35B | +9.6% |
| Q3 FY2023 | Sep 30, 2023 | $37.27B | +6.9% |
| Q2 FY2023 | Jun 30, 2023 | $35.71B | +3.3% |
| Q1 FY2023 | Mar 31, 2023 | $37.13B | +9.2% |
| Q4 FY2022 | Dec 31, 2022 | $35.90B | +0.8% |
| Q3 FY2022 | Sep 30, 2022 | $34.87B | -0.7% |
| Q2 FY2022 | Jun 30, 2022 | $34.58B | -2.4% |
| Q1 FY2022 | Mar 31, 2022 | $33.99B | -4.9% |
| Q4 FY2021 | Dec 31, 2021 | $35.62B | -4.9% |
| Q3 FY2021 | Sep 30, 2021 | $35.13B | -3.9% |
| Q2 FY2021 | Jun 30, 2021 | $35.42B | -8.6% |
| Q1 FY2021 | Mar 31, 2021 | $35.72B | -8.8% |
| Q4 FY2020 | Dec 31, 2020 | $37.44B | +9.5% |
| Q3 FY2020 | Sep 30, 2020 | $36.54B | +11.2% |
| Q2 FY2020 | Jun 30, 2020 | $38.76B | +18.7% |
| Q1 FY2020 | Mar 31, 2020 | $39.15B | +19.0% |
| Q4 FY2019 | Dec 31, 2019 | $34.18B | +10.0% |
| Q3 FY2019 | Sep 30, 2019 | $32.85B | +3.0% |
| Q2 FY2019 | Jun 30, 2019 | $32.65B | +5.4% |
| Q1 FY2019 | Mar 31, 2019 | $32.89B | +6.6% |
| Q4 FY2018 | Dec 31, 2018 | $31.08B | +5.2% |
| Q3 FY2018 | Sep 30, 2018 | $31.90B | +11.4% |
| Q2 FY2018 | Jun 30, 2018 | $30.98B | +9.2% |
| Q1 FY2018 | Mar 31, 2018 | $30.87B | +13.5% |
| Q4 FY2017 | Dec 31, 2017 | $29.54B | +13.8% |
| Q3 FY2017 | Sep 30, 2017 | $28.62B | – |
| Q2 FY2017 | Jun 30, 2017 | $28.36B | – |
| Q1 FY2017 | Mar 31, 2017 | $27.21B | – |
| Q4 FY2016 | Dec 31, 2016 | $25.96B | – |
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