McDonald's Corporation MCD

236.50 (0.52) (0.22%) as of 25 Sep
Market cap
$168.6B
P/E
19.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

McDonald's Corporation (MCD) Debt to equity

McDonald's Corporation's debt to equity at the end of the quarter to 30 June 2026 was −39.0×, down 16.6× from fiscal 2025 (−22.3×). Over the past ten years it has ranged from −22.3× (fiscal 2025) to 3.4× (fiscal 2015) — the current reading is the lowest in ten years. That is below the Restaurants industry median of 0.1× and below the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2025 −22.3× —
FY2024 −10.1× —
FY2023 −8.4× —
FY2022 −6.1× —
FY2021 −7.9× —
FY2020 −4.8× —
FY2019 −4.2× —
FY2018 −5.0× —
FY2017 −9.0× —
FY2016 −11.8× —

Quarterly

Period Debt to equity Change
Jun 2026 −39.0× —
Mar 2026 −31.2× —
Dec 2025 −22.3× —
Sep 2025 −19.1× —
42 more quarters

Against its own ten years

Low −22.3× High 3.4×
Ten-year median −7.9×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
MCD McDonald's Corporation −39.0×
SBUX Starbucks Corporation compare −1.7×
YUM Yum! Brands, Inc. compare −1.7×
DPZ Domino's Pizza Inc compare −1.2×
CMG Chipotle Mexican Grill, Inc. compare 0.0×
YUMC Yum China compare 0.0×
TXRH Texas Roadhouse, Inc. compare 0.0×
DRI Darden Restaurants, Inc. compare 0.7×
QSR Restaurant Brands International Inc. compare 2.5×
Restaurants industry median 0.1×
Consumer Cyclical sector median 0.2×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on MCD