McDonald's Balance Sheet

MCD / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)

Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 15 fiscal years. All figures from audited SEC 10-K filings.

McDonald's had $59.5B in total assets with negative shareholders' equity of $1.8B as of FY2025. Total debt was $40.0B against $774M in cash, resulting in $39.2B net debt.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score 1.08 (distress zone, below 1.8 threshold)
Strong profit margin: 32.0%
High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Cash & Equivalents	$774.0M	$1.1B	$4.6B	$2.6B	$4.7B	$866.0M	$2.5B	$1.2B	$7.7B	$2.1B	$2.8B	$2.1B	$2.3B	$2.4B	$1.8B
Inventory	$61.0M	$56.0M	$53.0M	$52.0M	$55.6M	$51.1M	$50.2M	$51.1M	$58.8M	$58.9M	$100.1M	$110.0M	$123.7M	$121.7M	$116.8M
Current Assets	$4.2B	$4.6B	$8.0B	$5.4B	$7.1B	$6.2B	$3.6B	$4.1B	$5.3B	$4.8B	$9.6B	$4.2B	$5.1B	$4.9B	$4.4B
PP&E (Net)	$28.2B	$25.3B	$24.9B	$23.8B	$24.7B	$25.0B	$24.2B	$22.8B	$22.4B	$21.3B	$23.1B	$24.6B	$25.7B	$24.7B	$22.8B
Goodwill	$3.4B	$3.1B	$3.0B	$2.9B	$2.8B	$2.8B	$2.7B	$2.3B	$2.4B	$2.3B	$2.5B	$2.7B	$2.9B	$2.8B	$2.7B
Total Assets	$59.5B	$55.2B	$56.1B	$50.4B	$52.6B	$47.5B	$32.8B	$33.8B	$31.0B	$37.9B	$34.2B	$34.2B	$35.4B	$33.0B	$32.0B
Current Liabilities	$4.4B	$3.9B	$6.9B	$3.8B	$4.0B	$6.2B	$3.6B	$3.0B	$2.9B	$3.5B	$3.0B	$2.7B	$3.2B	$3.4B	$3.5B
Total Debt	$40.0B	$38.4B	$39.3B	$35.9B	$35.6B	$37.4B	$34.2B	$31.1B	$29.5B	$26.0B	$24.1B	$14.9B	$14.1B	$13.6B	$12.5B
Shareholders' Equity	-$1.8B	-$3.8B	-$4.7B	-$6.0B	-$8.2B	-$6.3B	-$3.3B	-$2.2B	$7.1B	$12.9B	$16.0B	$12.9B	$14.4B	$14.6B	$14.0B

Other Financial Statements

Income Statement Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

McDonald's Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Cash & Equivalents

$774.0M

$1.1B

$4.6B

$2.6B

$4.7B

$866.0M

$2.5B

$1.2B

$7.7B

$2.1B

$2.8B

$2.1B

$2.3B

$2.4B

$1.8B

Inventory

$61.0M

$56.0M

$53.0M

$52.0M

$55.6M

$51.1M

$50.2M

$51.1M

$58.8M

$58.9M

$100.1M

$110.0M

$123.7M

$121.7M

$116.8M

Current Assets

$4.2B

$4.6B

$8.0B

$5.4B

$7.1B

$6.2B

$3.6B

$4.1B

$5.3B

$4.8B

$9.6B

$4.2B

$5.1B

$4.9B

$4.4B

PP&E (Net)

$28.2B

$25.3B

$24.9B

$23.8B

$24.7B

$25.0B

$24.2B

$22.8B

$22.4B

$21.3B

$23.1B

$24.6B

$25.7B

$24.7B

$22.8B

Goodwill

$3.4B

$3.1B

$3.0B

$2.9B

$2.8B

$2.7B

$2.3B

$2.4B

$2.3B

$2.5B

$2.7B

$2.9B

$2.8B

$2.7B

Total Assets

$59.5B

$55.2B

$56.1B

$50.4B

$52.6B

$47.5B

$32.8B

$33.8B

$31.0B

$37.9B

$34.2B

$35.4B

$33.0B

$32.0B

Current Liabilities

$4.4B

$3.9B

$6.9B

$3.8B

$4.0B

$6.2B

$3.6B

$3.0B

$2.9B

$3.5B

$3.0B

$2.7B

$3.2B

$3.4B

$3.5B

Total Debt

$40.0B

$38.4B

$39.3B

$35.9B

$35.6B

$37.4B

$34.2B

$31.1B

$29.5B

$26.0B

$24.1B

$14.9B

$14.1B

$13.6B

$12.5B

Shareholders' Equity

-$1.8B

-$3.8B

-$4.7B

-$6.0B

-$8.2B

-$6.3B

-$3.3B

-$2.2B

$7.1B

$12.9B

$16.0B

$12.9B

$14.4B

$14.6B

$14.0B