Operating CF
$10.54B
Capex
−$3.50B
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 | $10.54B | $10.54B |
| Capital Expenditure | −$3.50B | $7.04B |
| Free Cash Flow | $7.04B | $7.04B |
| Acquisitions | $175.00M | $7.21B |
| Other Investing | −$506.00M | $6.71B |
| Share Buybacks | −$1.98B | $4.73B |
| Dividends Paid | −$5.17B | −$440.00M |
| Net Debt Change | $282.00M | −$158.00M |
| Other Financing & FX | $90.00M | −$68.00M |
| Net Cash Decrease | −$68.00M | −$68.00M |
- Operating Cash Flow$10.54B
- Capital Expenditure−$3.50B
- Free Cash Flow$7.04B
- Acquisitions$175.00M
- Other Investing−$506.00M
- Share Buybacks−$1.98B
- Dividends Paid−$5.17B
- Net Debt Change$282.00M
- Other Financing & FX$90.00M
- Net Cash Decrease−$68.00M
Want to see what drove the FCF change?Free Cash Flow Bridge
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