Operating CF
$10.5B
Capex
-$3.5B
Free Cash Flow
$7.04B
FCF Margin
+66.8%
Cash flow waterfall for McDonald's (MCD) — TTM through Q1 2026
Free cash flow: $7.04B
Cash flow breakdown for McDonald's (MCD) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $10.5B | $10.5B |
| Capital Expenditure | -$3.5B | $7.04B |
| Free Cash Flow | $7.04B | $7.04B |
| Acquisitions | $175M | $7.21B |
| Other Investing | -$506M | $6.71B |
| Share Buybacks | -$1.98B | $4.73B |
| Dividends Paid | -$5.17B | -$440M |
| Net Debt Change | $282M | -$158M |
| Other Financing & FX | $90M | -$68M |
| Net Cash Decrease | -$68M | -$68M |
- Operating Cash Flow$10.5B
- Capital Expenditure-$3.5B
- Free Cash Flow$7.04B
- Acquisitions$175M
- Other Investing-$506M
- Share Buybacks-$1.98B
- Dividends Paid-$5.17B
- Net Debt Change$282M
- Other Financing & FX$90M
- Net Cash Decrease-$68M
Want to see what drove the FCF change?Free Cash Flow Bridge
Frequently asked questions
Data & methodology
McDonald's (MCD) Key Financials
Charts, filings, and peer comparison for every metric
Income Statement
Balance Sheet
Cash Flow
Forecast & Valuation
Operations
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
Overview
Income Statement
Capital Return
- Buybacks0.89% TTM
- Dividend Profile2.79% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History9 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.