Total Debt for McDonald's (MCD)
According to McDonald's's latest reported financial statements, the company's latest reported total debt is $54.81B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
MCD
Currently viewingTotal DebtSwitch metric
Latest period
$54.81B
YoY change
+5.5%
5Y CAGR
+1.3%
Peak year (2025)
$54.81B
Latest annual
$54.81B
Total Debt history chart for McDonald's (MCD) from 1985 to 2025
Total Debt history table for McDonald's (MCD) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $54.81B | +5.5% | ||
| 2024 | $51.95B | -2.2% | ||
| 2023 | $53.09B | +9.0% | ||
| 2022 | $48.70B | -1.3% | ||
| 2021 | $49.35B | -4.1% | ||
| 2020 | $51.46B | +8.2% | ||
| 2019 | $47.56B | +53.0% | ||
| 2018 | $31.08B | +5.2% | ||
| 2017 | $29.54B | +13.8% | ||
| 2016 | $25.96B | +7.6% | ||
| 2015 | $24.12B | +61.5% | ||
| 2014 | $14.94B | +5.7% | ||
| 2013 | $14.13B | +3.6% | ||
| 2012 | $13.63B | +9.1% | ||
| 2011 | $12.50B | +8.6% | ||
| 2010 | $11.51B | +8.8% | ||
| 2009 | $10.58B | +3.5% | ||
| 2008 | $10.22B | +9.9% | ||
| 2007 | $9.30B | +10.6% | ||
| 2006 | $8.41B | -17.1% | ||
| 2005 | $10.14B | +9.9% | ||
| 2004 | $9.22B | -5.3% | ||
| 2003 | $9.73B | -2.5% | ||
| 2002 | $9.98B | +11.9% | ||
| 2001 | $8.92B | +5.2% | ||
| 2000 | $8.47B | +16.8% | ||
| 1999 | $7.25B | +3.0% | ||
| 1998 | $7.04B | +9.0% | ||
| 1997 | $6.46B | +17.0% | ||
| 1996 | $5.52B | +14.2% | ||
| 1995 | $4.84B | +21.4% | ||
| 1994 | $3.98B | +7.3% | ||
| 1993 | $3.71B | -3.7% | ||
| 1992 | $3.86B | -16.4% | ||
| 1991 | $4.61B | -3.7% | ||
| 1990 | $4.79B | +18.7% | ||
| 1989 | $4.04B | +23.5% | ||
| 1988 | $3.27B | +17.4% | ||
| 1987 | $2.78B | +20.0% | ||
| 1986 | $2.32B | +31.2% | ||
| 1985 | $1.77B | — |
Total Debt values are taken from McDonald's's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, McDonald's (MCD) reported total debt of $54.81B – grew 5.5% year-over-year.
Through 2020–2025 (5 years), McDonald's total debt delivered a +1.3% annualised rate; with the latest reading among the more recent periods of the dataset.
The dataset's maximum total debt sits at $54.81B (2025); the minimum reading of $1.77B dates to 1985.
Within Consumer Cyclical, McDonald's (MCD) ranks 4th among 8 peers we track. The peer median for total debt is $16.39B.
McDonald's Total Debt by Year
McDonald's Total Debt 2025: $54.81B
McDonald's total debt in 2025 was $54.81B, grew 5.5% from 2024. This figure represents the highest annual value in the available history.
McDonald's Total Debt 2024: $51.95B
McDonald's total debt in 2024 was $51.95B, edged down 2.2% below 2023.
McDonald's Total Debt 2023: $53.09B
McDonald's total debt in 2023 was $53.09B, grew 9.0% from 2022.
McDonald's Total Debt 2022: $48.70B
McDonald's total debt in 2022 was $48.70B, edged down 1.3% below 2021.
McDonald's Total Debt 2021: $49.35B
McDonald's total debt in 2021 was $49.35B.
See more financial history for McDonald's (MCD).
Sector peers — Total Debt
Companies in the same sector as McDonald's, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $248.49B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $152.99B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $65.35B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $19.29B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $13.49B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.38B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $7.19B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $5.38B | Consumer Cyclical |
Frequently asked questions
What is McDonald's's total debt?
- Latest reported total debt for McDonald's (MCD) is $54.81B (period ending December 31, 2025).
How has McDonald's total debt changed year-over-year?
- McDonald's (MCD) total debt changed +5.5% year-over-year on the latest annual filing.
What is the long-term growth rate of McDonald's total debt?
- McDonald's (MCD) total debt compound annual growth rate is +1.3% over the most recent 5 years available.
When did McDonald's total debt hit its highest annual value?
- McDonald's total debt reached its highest annual value of $54.81B in 2025.
What was McDonald's total debt in 2024?
- McDonald's (MCD) total debt in 2024 was $51.95B.
What was McDonald's total debt in 2025?
- McDonald's (MCD) total debt in 2025 was $54.81B.
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