Company / Goodwill
McDonald's Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$3.4B
FY2025
5-year range
$2.8B / $3.4B
FY2021-FY2025
Trend
+6.6%
vs FY2024
Sector context
#18 of 203
Consumer Discretionary
What the data says
Among 203 Consumer Discretionary companies, McDonald's is in the top 9% for goodwill. Goodwill has increased for 7 consecutive years, from $2.3B in FY2018 to $3.4B in FY2025.
Based on SEC 10-K filings.
$3.4B in FY2025 with a 5-year CAGR of +3.9%. Top quartile in the Consumer Discretionary sector.
Improved from $3.0B to $3.4B over the past 2 years.
Consumer Discretionary sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +5.0%
- 5-Year CAGR
- +3.9%
- 10-Year CAGR
- -
Sector benchmark
Top 9% in Consumer DiscretionaryTop 9% of 203This company $3.4B Sector average $1.2B
▼
+169.3% above sector average
Key checks
Key Insights
- McDonald's's goodwill has grown for 7 consecutive years.
- 5-year CAGR of +3.9%, indicating consistent growth.
- In FY2025, goodwill increased 6.6% year-over-year.
- Ranks #18 out of 203 companies in the Consumer Discretionary sector.
Company context
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.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.4B | +6.6% |
| FY2024 | $3.1B | +3.5% |
| FY2023 | $3.0B | +4.8% |
| FY2022 | $2.9B | +4.2% |
| FY2021 | $2.8B | +0.3% |
| FY2020 | $2.8B | +3.6% |
| FY2019 | $2.7B | +14.8% |
| FY2018 | $2.3B | -2.0% |
| FY2017 | $2.4B | +1.8% |
| FY2016 | $2.3B | -7.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026