Company / Working Capital
McDonald's Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$198.0M
FY2025
5-year range
-$198.0M / $3.1B
FY2021-FY2025
Trend
-126.8%
vs FY2024
Sector context
#183 of 214
Consumer Discretionary
What the data says
McDonald's's working capital of -$198M is lower than 86% of companies in the Consumer Discretionary sector (FY2025). Working Capital has declined for 4 consecutive years, from $3.1B in FY2021 to -$198M in FY2025.
Based on SEC 10-K filings.
-$198M in FY2025.
Declined from $1.1B to -$198M over the past 2 years.
Consumer Discretionary sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 14% in Consumer DiscretionaryTop 86% of 214This company -$198.0M Sector average $841.8M
▼
-123.5% below sector average
Key checks
Key Insights
- McDonald's's working capital has declined for 4 consecutive years.
- In FY2025, working capital decreased 126.8% year-over-year.
- Ranks #183 out of 214 companies in the Consumer Discretionary sector.
- Peak working capital was recorded in FY2021.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$198.0M | -126.8% |
| FY2024 | $738.0M | -34.5% |
| FY2023 | $1.1B | -30.5% |
| FY2022 | $1.6B | -48.2% |
| FY2021 | $3.1B | +4946.0% |
| FY2020 | $62.0M | +198.3% |
| FY2019 | -$63.1M | -105.8% |
| FY2018 | $1.1B | -55.7% |
| FY2017 | $2.4B | +76.5% |
| FY2016 | $1.4B | -79.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026